Jim Cramer sees post-pandemic staying power for Etsy and Cash App parent Block

In this article SQ ETSY Etsy and Block are Covid-era winners that will continue to thrive even after the pandemic, CNBC’s Jim Cramer contended on Friday. “You need to understand just how special these stocks are,” the “Mad Money” host said. “While they can have some huge swings, once the volatility’s over, I bet they…

Etsy shares soar after fourth-quarter earnings beat

In this article ETSY Josh Silverman, CEO of Etsy. Adam Jeffery | CNBC Shares of Etsy climbed as much as 16% in extended trading Thursday after the company reported better-than-expected results for the fourth quarter. Shares had already climbed 10% during regular trading, as stocks staged a late-day rally after plunging early in the day…

Stocks making the biggest moves midday: Foot Locker, Etsy, Block, Carvana, Dish Network and more

In this article ETSY BYND FL Etsy displayed on the Nasdaq billboard in Times Square New York. Paul Zimmerman | Nasdaq | Getty Images Check out the companies making headlines in midday trading. Etsy — Shares of the e-commerce shopping platform rallied more than 13% in midday trading after reporting better-than-expected results for the fourth…

Low earners were hit hardest by inflation as savings and pandemic aid dwindle, study finds

Sopa Images | Lightrocket | Getty Images The lowest-income Americans are facing a financial conundrum: Inflation is eating into a substantial part of their household budgets, while savings built up during the Covid pandemic are starting to dwindle. Meanwhile, federal supports like monthly payments of the child tax credit and a pause on student loan…

Gas prices have spiked amid the Russia-Ukraine conflict. Here are tips for saving at the pump

Daniel Acker | Bloomberg | Getty Images Drivers may need to prepare for more potential pain at the pump. The national average price of a gallon of regular unleaded gas has reached $3.59, up 33 cents so far this year, according to GasBuddy data. With ongoing uncertainty over how oil supplies could be affected by…

10 Tax Reforms for Growth and Opportunity

Key Findings The waning pandemic and robust economic recovery have come with many benefits—plentiful jobs and fast-growing (nominal) incomes—but also serious challenges such as high and rising inflation. Rather than pushing for more fiscal stimulus or leaving it to the Federal Reserve to handle inflation through higher interest rates, policymakers should focus on boosting the…

Renault, Hyundai and VW have most exposure to Russian car market

Cars sit at a standstill as people try to leave the city on February 24, 2022 in Kyiv, Ukraine. Chris Mcgrath | Getty Images New U.S. sanctions and Russia’s invasion of the Ukraine could have wide-ranging impacts on the already constrained automotive global supply chain, but only a few automakers have notable exposure in the…

Foot Locker shares sink after retailer says 2022 sales will fall as it expects to sell fewer Nike products

In this article NKE FL A sign hangs above the entrance of a Foot Locker store on August 02, 2021 in Chicago, Illinois. Scott Olson | Getty Images Foot Locker shares tumbled in premarket trading Friday after the retailer said it expects revenue to drop in 2022 as it anticipates it will no longer be…

New SEC short sale rules would force investors to submit updates each month

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, September 14, 2021. Evelyn Hockstein | Pool | Reuters The Securities and Exchange Commission said Friday that it’s considering a new rule and changes to existing…

U.S. space partnerships with Russia face ‘greatest challenge’ with Ukraine invasion, executive says

ISS Expedition 64 crew member, Russian cosmonaut Sergey Ryzhikov takes part in a training session at the Yuri Gagarin Cosmonaut Training Center in Zvyozdny Gorodok [Star City], Moscow Region. Anton Novoderezhkin | TASS | Getty Images For more than two decades, the space agencies of the United States and Russia have been partners through the…