Ben Rains dives into the broader bullish case for the stock market in 2022. The focus then shifts to three highly-ranked cheap stocks from three totally different sectors of the economy trading for under $30 a share that investors might want to consider buying to start the new year. (0:30) – Stock Market Update: Everything
In this article BAC 7203.T-JP F WMG UAA KO A general view of the Halewood Ford transmission assembly plant after Ford announced a 230 GBP investment on October 18, 2021 in Halewood, England. Christopher Furlong | Getty Images Check out the companies making headlines in midday trading. Ford Motor – Shares of Ford surged more than 12%
A “Sold” sign is displayed outside a home under construction at a Lennar Corp. development in Montgomery, Illinois. Daniel Acker | Bloomberg | Getty Images As the broader markets rallied to start the new year Monday, the homebuilding sector sold off. The iShares US Home Construction ETF lost 2.69% on Monday, its worst day since
Ford has started initial pre-production of its electric F-150 Lightning pickup truck at a new plant in Dearborn, Mich. Michael Wayland | CNBC DETROIT – Ford Motor on Tuesday said it plans to nearly double annual production capacity of its upcoming electric F-150 pickup to 150,000 vehicles per year by mid-2023, citing strong consumer demand.
Clemens Porikys | Getty Images Entertainment | Getty Images Many workers look forward to the day when they can retire. A recent survey from Natixis Investment Managers set out to find out exactly when most Americans hope to stop working. The average age is 62, the research found. However, it turns out when people to
The Marriner S. Eccles Federal Reserve building in Washington. Stefani Reynolds/Bloomberg via Getty Images If everything goes according to plan, the Federal Reserve in a little over two months will enact its first rate increase in three years, a move policymakers deem necessary and that markets and the economy are grudgingly coming to accept. The
In this article 3333-HK An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters BEIJING — Indebted property developer China Evergrande‘s contracted sales plunged last year as the real estate giant struggled to repay creditors. A filing Tuesday showed the company’s contracted sales of properties totaled 443.02
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Topps’ baseball cards from the 2016 season on display during an event in New York City. Kris Connor | Getty Images Michael Rubin’s e-commerce company Fanatics has acquired Topps trading cards, sources close to the deal confirmed to CNBC on Monday night. Terms of the agreement were not available, but industry sources put the deal
Tetra Images | Tetra images | Getty Images Filing 2021 taxes will look slightly different for families who received the enhanced child tax credit last year. That’s because the monthly payments that were sent to millions of families with eligible children from July to December only accounted for half of the credit. Now, those who
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Jan. 3, 2022. Michael Nagle | Bloomberg | Getty Images U.S. stock futures were steady in overnight trading on Monday after the Dow Jones Industrial Average and S&P 500 notched new record closes on the first trading day
In this article SIL-IN When Elon Musk unveiled the Tesla Solar Roof in 2016, it was the first that many people had heard of solar shingles. But the idea of a roofing product that can both generate energy and blend in with regular asphalt shingles has been around for decades. Companies from Dow Chemical Company
Republican presidential candidate Donald Trump (C) gives two thumbs up as Donald Trump Jr. (L) and Ivanka Trump (R) stand and cheer for Eric Trump as he delivers his speech during the third day of the Republican National Convention on July 20, 2016 at the Quicken Loans Arena in Cleveland, Ohio. Joe Raedle | Getty
Justin Sullivan | Getty Images The Powerball jackpot just won’t quit. Through 38 drawings over three months, no ticket has managed to match all six numbers drawn. For Monday night’s drawing, the jackpot is now $540 million. Yet the prize still isn’t enough to vault it into the top 10 largest lottery jackpots. The crown
NicolasMcComber | E+ | Getty Images Tax season is fast approaching — and recipients of unemployment benefits in 2021 don’t appear to be getting a tax break like they did for 2020. Unemployment benefits generally count as taxable income. The American Rescue Plan Act, a relief law Democrats passed in March last year, authorized a
Oscar Wong | Moment | Getty Images Planning to save more this year? There’s a higher 401(k) employee deferral limit for 2022, and now’s the time to boost contributions, financial experts say. Employees may funnel $20,500 into 401(k), 403(b) and other plans for 2022, up from $19,500 in 2021, thanks to cost-of-living adjustments from the
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In this article AMD NCLH RCL M WFC TSLA The logo marks the showroom and service center for the US automotive and energy company Tesla in Amsterdam on October 23, 2019. John Thys | AFP | Getty Images Check out the companies making headlines in midday trading. Tesla — Shares of the electric vehicle company
In this article PLNT Planet Fitness is seeing gym visits and membership growth hold up against the Covid omicron variant, according to the chain’s chief executive officer, Chris Rondeau. “Before there was a vaccine, we did see a pullback on joins and workouts and cancellation spiking,” Rondeau said in an interview Monday on CNBC’s “Squawk
Plenty of people make New Year’s resolutions. Bill Gates isn’t one of them. “I’ve never been a big New Year’s resolution person. I don’t have any specific goal in mind for 2022,” the 66-year-old billionaire Microsoft co-founder wrote in his annual end-of-year blog post last month. “But what I do hope is that next year