More than a quarter of people with an annual household income above $49,286, said they increased spending this year, a McKinsey survey found.
Schlagwort-Archiv: CNBC
Stocks making the biggest moves midday: Carvana, MongoDB, TripAdvisor, Toll Brothers and more
These are the stocks posting the largest moves in midday trading.
‘There is a slowdown happening’ – Wells Fargo, BofA CEOs point to cooling consumer amid Fed hikes
The bank leaders are providing evidence that the Fed’s campaign to subdue inflation by raising borrowing costs is beginning to impact consumer behavior.
GameStop reports decline in revenue and sharp decrease in cash
GameStop posted a decline in revenue, but its net loss narrowed from a year ago.
Rent the Runway shares surge after fashion rental company reports stronger quarterly sales
The fashion rental company reported stronger revenue that beat expectations as customers opted to borrow designer clothes instead of buying them.
Jamie Dimon says Ukraine war shows we still need cheap, secure energy from oil and gas
JPMorgan CEO Jamie Dimon discussed the future of energy on CNBC’s „Squawk Box“ on Tuesday.
Stocks making the biggest moves premarket: Campbell Soup, Pinterest, Toll Brothers and others
These are the stocks posting the largest moves before the bell.
Activist investor calls for BlackRock CEO Fink to step down over ESG ‘hypocrisy’
BlackRock CEO Larry Fink is facing calls to step down from activist investor Bluebell Capital over the company’s alleged „hypocrisy“ in its ESG messaging.
Oil plunge, tech collapse and Fed cuts? Strategist shares possible 2023 market ’surprises‘
After a tumultuous year, Standard Chartered expects more volatility in 2023 and says several potential surprises are being „underpriced“ by the market.
Over $400 billion has been erased from the value of Europe’s tech industry this year
The combined value of all public and private European tech firms has fallen from to $2.7 trillion from a peak of $3.1 trillion in late 2021, a new report says.