Tuesday, May 21, 2024
The alignment of the four unions that have voted not to ratify a labor deal has provided a clear timeline for strike prep plans among the freight railroads and with sensitive cargo including chemicals.The Brotherhood of Railroad Signalmen (BRS)...
A major exchange executive says he detected red flags months before the historic FTX collapse.CME Group chairman and CEO Terry Duffy said he suspected corruption at the cryptocurrency exchange the day of his first one-on-one meeting with founder Sam...
Chinese regulators have increased scrutiny on the domestic game sector over the past year and a half. But new batches of game approvals and positive steps on improving gaming addiction among kids under 18 years old, could be positive...
CNBC's Jim Cramer said Tuesday that investors should gear up to buy oil next month, relying on charts analysis from Carley Garner."She thinks there could be one last washout from this week, possibly early through December, and that washout...
CNBC's Jim Cramer on Tuesday named hammered tech stocks that he believes can make a comeback after the Federal Reserve finishes tightening the economy.Here is his list: AmazonMicrosoftAlphabetTeslaNetflixAppleSalesforceServiceNowAdobeWorkday"Nearly all of these, save Apple, are variations on the same story —...
Market Movers rounds up the best trade ideas from investors and analysts throughout the day. The pros discussed Best Buy . The stock popped more than 12% after the electronics retailer beat on earnings and revenue expectations for its...
A GE AC4400CW diesel-electric locomotive in Union Pacific livery, is seen ahead of a possible strike if there is no deal with the rail worker unions, as a Metrolink commuter train (right) arrives at Union Station in Los Angeles,...
President Joe Biden delivers remarks on protecting Social Security and Medicare and lowering prescription drug costs in Hallandale Beach, Florida, on Nov. 1, 2022.Anadolu Agency | Anadolu Agency | Getty ImagesThe Biden administration on Tuesday announced that it will...
Morgan Stanley's Chief U.S. Equity Strategist Mike Wilson expects a "pretty steep decline in inflation" between now and the end of next year. Consumer price increases could drop to 4% or 5% by June next year, and back to...
Once a Wall Street darling, Amazon has lost some of its luster this year. The e-commerce giant's stock has fallen more than 40%, well underperforming the S & P 500 , which has declined about 15% in the same...