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Geber86 | E+ | Getty Images As the U.S. economy attempts to find its footing as it emerges from the Covid-19 pandemic, two looming uncertainties have emerged: persistent high inflation and a possible recession. So it’s no surprise that financial advisors who landed on the CNBC FA 100 list for 2022 are hearing about those…
A woman shops for chicken at a supermarket in Santa Monica, California, on September 13, 2022. Apu Gomes | AFP | Getty Images Despite the Federal Reserve’s efforts to get the cost of living under control, prices just keep climbing — and the uptick is especially brutal at the supermarket. The cost of food overall…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Healthcare and banks The Club’s bank stocks JNJ, PG, DHR report next week 1. Healthcare and banks On Friday morning, Jim Cramer said the Club stands by our decision to…
In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT Trevor Milton CEO of Nikola Massimo Pinca | Reuters Trevor Milton, the founder and former chairman and CEO of electric heavy truck maker Nikola, was found guilty in federal court Friday of three of four counts of fraud relating to false statements he made to…
In this article MS Follow your favorite stocksCREATE FREE ACCOUNT Morgan Stanley CEO James Gorman participates in a conversation-style interview with Economic Club of Washington in Washington September 18, 2013. Yuri Gripas | Reuters Morgan Stanley on Friday posted third-quarter results that missed analysts’ expectations as investment banking revenue collapsed by 55%. Here are the…
Getty Images Workers may want to keep an eye on the balance in their health-care flexible spending account. Temporary rules under the 2020 Cares Act that allowed you to roll over unspent FSA funds from one year to the next or gave you longer to spend the money — if your company adopted the provisions…
Student loan borrowers gather near The White House to tell President Biden to cancel student debt on May 12, 2020. Paul Morigi | Getty Images Entertainment | Getty Images The U.S. Department of Education began beta testing the student debt forgiveness application Friday night. The application is available at StudentAid.gov. As of 8:45 p.m. ET Friday,…
Updated Sept. 12, 2022 At the end of August 2022, President Biden revealed that borrowers could get up to $10,000 of their federal student loans forgiven. If you received a Pell Grant, a federal grant designed to provide student aid to those from low-income households, you could have up to $20,000 of your federal student…
The CPI data came in hot and led to a market rally. #FederalReserve #CPI #Dollar #InterestRates #Inflation #Equities #Stocks #US #Investing #Trading #NYSE #NASDAQ
In this article WFC DAL BYND PNC HHC Follow your favorite stocksCREATE FREE ACCOUNT Delta Airlines passenger jets are pictured outside the newly completed 1.3 million-square foot $4 billion Delta Airlines Terminal C at LaGuardia Airport in New York, June 1, 2022. Mike Segar | Reuters Check out the companies making headlines in midday trading…
In this article ACI KR Follow your favorite stocksCREATE FREE ACCOUNT A customer shops for eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas. Brandon Bell | Getty Images Kroger knows it needs the blessing of investors and federal regulators to pull off its $24.6 billion deal to buy rival grocery…
In this article C Follow your favorite stocksCREATE FREE ACCOUNT Citigroup said Friday that its third-quarter earnings fell 25% as it bulked up its credit loss provisions and investment banking slumped. However, Citi shares ticked up 0.65% as revenue climbed more than analysts expected, helped by rising interest rates, and earnings per share topped Wall…