Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Brewing"


25 mentions found


Those include higher inflation, greater market volatility, and a lower quality of life for Americans. AdvertisementThe US is sitting on the biggest pile of public debt in its history, and economists are getting nervous about it. AdvertisementIt's critical for the US to sell its debt to investors, which range from institutions, individuals, and other countries. It won't be on housing, it'll be on interest," Zagorsky said. There's little the government can do to stop those problems from brewing, other than to stop taking on so much new debt, Zagorsky and Rubin say.
Persons: , Les Rubin, Rubin, Jay Zagorsky, Zagorsky, it'll, There's Organizations: Service, Bank of America, US Treasury, Boston University, Inflation, Social Security
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Entering this week, Super Micro was up more than 200% year to date. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, We're, That's, Estee Lauder, Wells Fargo, Wells, Jim Cramer's, Jim Organizations: CNBC, Tech, Nasdaq, Micro Computer, Coterra Energy, Club, Constellation Brands, Abbott Laboratories, Dow, Microsoft, Ford Motor, Honeywell International, Verizon, Cadence, GE Aerospace, PepsiCo, RTX, Halliburton, Jim Cramer's Charitable Locations: Wells Fargo, SMCI
Investors had hoped that corporate earnings would help revive the stalled rally, but a strong start to the season hasn’t been enough to excite investors. The 30-year fixed-rate mortgage averaged 7.10% in the week ending April 18, up from 6.88% the previous week, according to Freddie Mac data released Thursday. Mortgage rates are climbing based on expectations that the Federal Reserve won’t cut interest rates anytime soon. The Fed doesn’t directly set mortgage rates, but its actions do influence them, and persistently hot inflation readings are keeping the Fed on hold. If inflation stalls any further, or even worsens, mortgage rates could climb higher this year.
Persons: , hasn’t, Jerome Powell, , , Michael Landsberg, Pierre, Olivier Gourinchas, Israel, Brent, Bryan Mena, Freddie Mac, Sam Khater, Freddie Mac’s, Read, Anna Cooban, Tim Cook, Pham Minh Chinh, Cook, Apple “ Organizations: CNN Business, Bell, New York CNN, Dow Jones, Nasdaq, Federal Reserve, Data, Employers, Fed, Landsberg Bennett, Wealth Management, Monetary Fund, Treasury, Investors, CNN, Federal, China Apple, Vietnamese, Apple Locations: New York, East, Iran, Israel, Syria, Vietnam, China, Hanoi, Beijing
One could easily mistake Alesong Brewing & Blending for a winery. The brewery, which opened in 2016 in Eugene, Ore., makes beer-wine hybrids with local grapes and sells barrel-aged beer through a membership club. “If you take the word beer out of our business model, we look a lot more like a winery,” said Brian Coombs, a founder and production manager at Alesong, who previously worked at the nearby King Estate Winery, in the Willamette Valley wine region. Last September, Alesong introduced its first wine, a pinot gris, in an effort to broaden the brewery’s creative ambitions and customer base. “I want to look at wine from a brewer’s perspective.”
Persons: , Brian Coombs, Alesong, , Coombs Locations: Eugene ,, King, Willamette
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple, Meta caught in proxy war between U.S. and China, NY Times' Mike Isaac suggestsMike Isaac, New York Times technology correspondent, joins 'Fast Money' to talk the proxy war brewing between U.S. and China over technology.
Persons: Meta, Mike Isaac Organizations: Apple, NY Times, New York Times Locations: China
Right-wing lawmakers are ramping up their threats to remove Speaker Mike Johnson from his role after Johnson’s supporters pushed him to make it harder to oust him from the speakership. The House is finished with floor action for the day, which means that the earliest that Greene could make a motion to oust Johnson would be on Friday. At one point, Johnson was surrounded on the House floor by a number of far-right lawmakers in a heated discussion. Democrats weigh how to proceedThe House Rules Committee is meeting Thursday morning to begin considering the foreign aid bills. One thing that is hanging over discussions is that many Democrats view Johnson as a more honest broker than McCarthy.
Persons: Mike Johnson, Johnson’s, Johnson, Kevin McCarthy, Marjorie Taylor Greene, Greene,  “, Matt Gaetz, Derrick Van Orden, Gaetz “ tubby, , Van Orden, ” Greene, “ Mike Johnson, CNN’s Manu Raju, , it’s, Anna Paulina Luna, , Luna, Dan Kildee, Pramila, ” Jayapal, Mike Quigley, ” Quigley, Jared Moskowitz, McCarthy, he’s, CNN’s Haley Talbot Organizations: CNN, Louisiana Republican, Georgia Rep, Republicans, Punchbowl News, GOP, Republican, Conservative, House Democratic Caucus, ” Democratic, Democrat, Democratic Locations: Louisiana, Ukraine, Israel, Taiwan, Washington,
However, he stressed that it's still too early for the Federal Reserve to start cutting rates. "So, do we finally have the beginning of the long-awaited slowdown with Prologis and J.B. Hunt? However, he did acknowledge that companies operating in economically sensitive industries such as J.B. Hunt and Prologis, in trucking and warehousing, respectively, did show less-than-ideal earnings results. Before a turn in trucking, there'll be cuts in trucking rates." Prologis and J.B. Hunt did not immediately respond to request for comment.
Persons: CNBC's Jim Cramer, Hunt, Cramer, it's, Jerome Powell Organizations: Federal Reserve, Fed
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicOvernight on Saturday, Iran launched its first direct attack on Israeli soil, shooting hundreds of missiles and drones at multiple targets. Eric Schmitt, a national security correspondent for The Times, explains what happened and considers whether a broader war is brewing in the Middle East.
Persons: Eric Schmitt Organizations: Spotify, The Times Locations: Iran
CNN —Several signs point to Bryson DeChambeau winning this year’s Masters, including the one he yanked out of the ground at Augusta National on Friday. A thunderous 372-yard drive from the 17th tee during his second round served as a reminder of his status as one of the game’s all-time heaviest hitters. “Playing great golf,” Dechambeau said. Putting is in a great place. Chipping is in a great place.
Persons: Bryson DeChambeau, DeChambeau –, , LIV, Augusta National’s, Maddie Meyer, DeChambeau, , ” DeChambeau, Max Homa, Scottie Scheffler, ” Dechambeau, Homa Organizations: CNN, Augusta National, Chipping
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWhen I approached Sen. Ted Cruz at the Capitol this week, he appeared upbeat, quipping that he was "living the dream" when I opened our conversation. iHeartMedia, which signed on as a corporate partner to the podcast in late 2022, has confirmed that the payments to the super PAC were derived from advertising revenue generated by podcast. The Campaign Legal Center and End Citizens United have also filed a complaint with the Federal Election Commission accusing Cruz of violating campaign finance laws. "When you write a positive story on something I've accomplished here, on legislation I've passed, then I'll answer your questions," Cruz replied.
Persons: , Sen, Ted Cruz, Cruz, iHeartMedia, Colin Allred, Allred, He's, Ron Johnson, JD Vance, Markwayne Mullin, I've Organizations: Service, Capitol, Texas Republican, Business, Democrat, Houston Chronicle, Democratic Rep, Legal, Citizens, Federal, BP, Capitol Hill, FEC, Sens Locations: Houston, BP America, Texas, Wisconsin, Ohio, Oklahoma
Constellation Brands reported better-than-expected quarterly earnings Thursday, driven by strength in its beer business that more than offset continued weakness in wines and spirits. Management's upbeat forecast for fiscal year 2025 should send the stock to new all-time highs. Constellation Brands Why we own it : We like Constellation Brands for its beer franchise, which includes popular Mexican brands Modelo, Corona and Pacifico. More importantly, the sales gains in the beer business are almost entirely driven by volume gains, not higher prices. Management cited Circana channel data as evidence that its beer business outperformed the total U.S. beer category and remained the top dollar sales share gainer.
Persons: Jim Cramer's, Bill Newlands, Beer, Crawford, Meiomi, Robert Mondavi, Jim Cramer, Jim, Justin Sullivan Organizations: Constellation Brands, Modelo, Anheuser, Busch Inbev, Molson Coors, Constellation, Modelo Especial, Corona, Pacifico, Management, High, Woodbridge, Lumina, Enterprise, CNBC Locations: Corona, Pacifico, STZ, Pacific, San Rafael , California
Speaker Mike Johnson on Wednesday faced a buzz saw of Republican opposition to his bid to extend a warrantless surveillance law that national security officials call crucial to their efforts to fight terrorism, after former President Donald J. Trump urged lawmakers to kill the legislation. Republican leaders said they would plunge ahead with a midday vote to bring up the bill, which would extend a section of the Foreign Intelligence Surveillance Act known as Section 702 and make modest changes. Aides said it was possible that Republicans would yank the bill if they failed to quell the brewing revolt. No Democrats were expected to vote to move forward on the measure — among other things, Republicans have bundled it with an unrelated resolution condemning President Biden’s border policies — so just three Republican defections would be enough to scuttle the move. At least one hard-right member, Representative Matt Gaetz of Florida, has already pledged to try to tank it.
Persons: Mike Johnson, Donald J, Trump, yank, Biden’s, Matt Gaetz Organizations: Wednesday, Republican, Foreign Intelligence, Republicans Locations: Florida
New York CNN —Jamie Dimon warned two years ago that storm clouds and a hurricane were brewing in the US economy. On top of that, the unemployment rate has stayed below 4% for more than two years despite 11 rate hikes intended to slow the economy in an effort to curb decades-high inflation. But potentially persistent inflation isn’t the only red flag in the economy right now. Small-business owners haven’t felt this bad about the economy in over a decadeAlthough the economy is booming by many measures, including last month’s blowout jobs report, small business owners aren’t feeling gung-ho about it. That’s significant because that cohort is experiencing an even lower unemployment rate than the nation overall.
Persons: Jamie Dimon, Dimon, Michelle Bowman, she’s, Bowman, ” Bowman, haven’t, Holly Wade, Bill Dunkelberg, aren’t Organizations: New, New York CNN, JPMorgan Chase, Federal Reserve, FactSet, National Federation of Independent, York Locations: New York
US President Joe Biden speaks about student loan relief at Madison College in Madison, Wisconsin, on April 8, 2024. Andrew Caballero-reynolds | AFP | Getty ImagesThe Biden administration is moving ahead quickly with its new student loan forgiveness plan, with hopes of starting to wipe out people's debts as soon as this fall. Student loan forgiveness falls into that category, he said. Almost half of voters in a recent survey, or 48%, said canceling student loan debt is an important issue to them in the 2024 presidential and congressional elections. Issues like student loan forgiveness, which present a sharp contrast between Democrats and Republicans, are more likely to impact the election.
Persons: Joe Biden, Andrew Caballero, reynolds, Biden, Mark Kantrowitz, Kantrowitz, Gen, Donald Trump, Michael M, George W, Bush, Trump, Mark Organizations: Madison College, AFP, Getty, Republicans, Republican, Santiago, Public, Supreme Locations: Madison , Wisconsin, New York City
Denver Beer Co. Courtesy: Denver Beer Co. Alcohol-free beverage options have skyrocketed over the past few years, and that trend has especially picked up in the form of nonalcoholic beer in Denver, an epicenter for craft breweries. Courtesy: Ceria Brewing CompanyDenver's beer sceneFood trend expert Kara Nielsen said that because Denver is such a beer-centric city, the rise of nonalcoholic beer and spirits fits with the city's narrative. But then, he said, nonalcoholic and alcohol-free beer became trendy, attracting more mainstream customers.
Persons: Technomic, Keith Villa, Villa, Jodi, Keith, Jodi Villa, Kara Nielsen, Nielsen, It's, Niki Sawni, Sawni, he's, hasn't, Niki, Anika Sawni Organizations: Denver Beer, Denver Beer Co, Anheuser, Busch, Ceria Brewing Company, CNBC, Ceria Brewing, Grüvi Locations: Denver, Rocky, Technomic, NielsenIQ, Colorado
Check out the companies making headlines before the bell: American Eagle Outfitters — Shares popped 4% following an upgrade by JPMorgan to overweight from neutral. Freeport-McMoRan — Shares jumped 1.9% after Bank of America upgraded the American mining company to buy from neutral, saying it has "blue chip copper exposure." Molson Coors — Shares gained 1.9% after Goldman Sachs upgraded the brewing company to buy, saying the company can benefit as it expands its shelf space in retailers. Ally Financial — The financial services company added nearly 2% after being upgraded to buy from neutral at Bank of America. The bank's analysts believe Ally Financial may see higher earnings than anticipated, less earnings volatility and that its potential credit leverage may be underestimated.
Persons: Molson, Goldman Sachs, Ally, — CNBC's Michelle Fox Organizations: Eagle Outfitters, JPMorgan, Bank of America, Molson Coors —, Ally, Google, Pfizer Locations: Freeport
BlackBerry — BlackBerry shares popped more than 9% after the company announced a partnership with Advanced Micro Devices on robotics systems. Neogen Corp — The food safety stock shed 9% after the company reported a surprise loss of 1 cent per share. The company also trimmed its previous guidance, saying it now expects revenue to range between $920 million and $910 million for the full year. Norfolk Southern announced that it reached a $600 million settlement related to its derailment in East Palestine. Nvidia — Shares fell more than 2%, putting the chipmaker on track for its fifth losing session in six.
Persons: Tilray, FactSet, Goldman Sachs, Molson Coors, Molson, — CNBC's Michelle Fox, Sarah Min, Pia Singh, Yun Li Organizations: Moderna, Reuters, Merck, Boeing, New York Times, Google, American Eagle Outfitters, JPMorgan, Eagle Outfitters, Bank of America, EV, Molson, Pfizer, Neogen Corp, Norfolk Southern, Nvidia —, Netflix Locations: East Palestine
Tokyo CNN —Everyone in Japan could one day have the same surname unless its restrictive marriage laws change, according to a new study. But the country’s dwindling marriage rate could buck that trend and a rapidly declining population might render it moot entirely. If the rules carry on, all Japanese people could have the surname Sato by 2531, according to Hiroshi Yoshida, an economist from Tohoku University in Sendai, who led the study. According to Myoji Yurai, a company that tracks Japan’s more than 300,000 surnames, Sato is currently the most common, followed by Suzuki. About 1.8 million people out of Japan’s 125 million population have the surname Sato, Myoji Yurai says on its website.
Persons: Sato, Hiroshi Yoshida, Myoji, Suzuki, Takahashi, Myoji Yurai, Yoshida –, Yoshida, ” Yoshida, , Fumio Kishida, Wang, Li, Zhang, Liu, Chen, Galton, Watson Organizations: Tokyo CNN, Tohoku University, CNN Locations: Japan, Sendai, East Asia, China
The event allows the SEC to get its main messages across, and this year a key issue is "disclosure." Besides Gensler, all the SEC division heads and senior staff will be speaking. and then monitors Corporate America (investment advisers, investment companies, broker-dealers, etc.) This is all governed by the Investment Company Act of 1940 and the Investment Advisers Act of 1940. There's a division of investment management that monitors all the investment companies (that includes mutual funds, money market funds, closed-end funds, and ETFs) and investment advisers.
Persons: Gary Gensler, Drew Angerer, Gensler, There's, We'll Organizations: . Securities, Exchange, Capitol, SEC, Securities and Exchange Commission, Practicing Law Institute, Gensler, Securities, Investment, America, Corporate America, Mutual Locations: Washington ,, United States, There's, U.S
Goldman Sachs analysts have named a slew of stocks that could see upside as April rolls in. CNBC Pro combed through Goldman Sachs' research to find the firm's favorite stocks as of late. They include United Parcel Service, Nasdaq, Arcos Dorados , Global Payments and Arista Networks. "Management discussed various initiatives on market penetration and productivity with their impact on revenue and margin growth into 2026," he said. … Management discussed various initiatives on market penetration and productivity with their impact on revenue and margin growth into 2026.
Persons: Goldman Sachs, Arcos Dorados, Thiago Bortoluci, it's, Bortoluci, Alexander Blostein, Blostein, Goldman, Jordan Alliger, Alliger, ANET, , Arcos, Cameron Bready, Josh Whipple … Organizations: CNBC, United Parcel Service, Nasdaq, Arcos, Global Payments, Arista Networks, Management, UPS, … Management Locations: America, Brazil, Arcos, Atlanta
There are five major trends that have China headed for a "100-year storm," according to billionaire investor Ray Dalio. They include a big debt problem, a growing internal wealth gap, and increasingly fraught foreign relations with the US. "The circumstances and the mood in China have indisputably changed to become more threatening," Dalio said in a LinkedIn post. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. download the app Email address Sign up By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyAdvertisementThere are major economic and geopolitical challenges brewing a "100-year storm" in China, says billionaire investor Ray Dalio.
Persons: Ray Dalio, Dalio Organizations: Service, Business Locations: China, Beijing
He said access to investing can help solve this conundrum, while also pondering if the expectation for everyone to receive Social Security benefits at age 65 has become archaic. Worsening the outlook is a Social Security system that's said it will not be able to pay full benefits by 2034. The 71-year-old believes the American retirement system has entered such a deep crisis that it has become a once-in-a-generation issue. That's because this both can benefit individuals and help ensure the long-term health of Social Security. Increasing lifespans create further difficulties when trying to improve the retirement system, Fink said.
Persons: Larry Fink, Fink, that's, it's, Organizations: BlackRock, Social, Census Bureau, Security, Social Security Locations: America, Ottoman Empire
Is the breakout from resistance likely and should you consider allocating exposure to this basket of 2000 small capitalization stocks? I think the breakout should occur, but I don't think we should increase exposure to the Russell 2000 for two reasons. Ideally the rotation was going to carry through into the upper-right green quadrant indicating confirmed outperformance relative to the S & P 500. I'm not saying we shun small caps all together and continue to focus on the large caps. We need to focus on fundamentally sound small cap companies and we can do so through the Pacer US Small Cap Cash Cows 100 ETF (CALF) .
Persons: Russell, Powell, Gordon, POWL Organizations: Federal Reserve, Powell Industries, Edge, Inside Edge Capital Management
Read previewBefore Kate Middleton announced her cancer diagnosis on Friday, the internet speculated about her public absence for weeks. A manipulated photo fueled theories online. everyone deleting their Kate Middleton conspiracy theoriespic.twitter.com/VepqJG8Nxu — Justin Credible (@GravySauceCream) March 22, 2024Aware of how wrong they were, some people have poked fun at themselves for "spreading Kate Middleton misinformation" and liking false tweets about her. "Let this be a lesson to us all…dont wander into wild and ridiculous conspiracy theories," said X user Jamie Schler. "Two things can be true: Cancer is awful, and the Kate Middleton reality is very sad," said X user Mel Woods.
Persons: , Kate Middleton, Middleton, Prince William, Rose Hanbury, Blake Lively, Ben Yahr, Stephen Colbert, John Oliver, Oliver, Colbert, Singer, VepqJG8Nxu, Justin, Jamie Schler, King Charles, Mel Woods Organizations: Service, Business, BBL
As America closes in on a major election, mistrust is brewing around the mysterious government entity that’s now denounced in scary-sounding terms — “the deep state” and “the swamp.” What do those words even mean? As we met the Americans who are being dismissed as public enemies, we discovered that they are … us. Sure, our tax dollars pay them, but as you’ll see in the video above, what a return on our investment we get! When we hear “deep state,” instead of recoiling, we should rally. Even though their work is often invisible, it makes our lives better.
Persons: that’s, Taylor Swift Organizations:
Total: 25