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☆ FTC votes to ban noncompete clauses that bar employees from working for competitors
▼ + stars: | 2024-04-23 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Federal Trade Commission Chair Lina Khan testifies before a House Judiciary Committee hearing on Oversight of the Federal Trade Commission, on Capitol Hill in Washington, D.C., July 13, 2023. The Federal Trade Commission on Tuesday voted 3-2 for a nationwide ban against noncompete agreements, which companies use to prevent employees from taking jobs with competitors in the same industry. The FTC estimates that 30 million American workers, or roughly 18%, are currently subject to a noncompete. The FTC initially proposed the noncompete ban in January 2023. Meanwhile, business trade groups claim that noncompetes help preserve intellectual property and company secrets.

Persons: Lina Khan, Joe Biden, Joe Biden's, Biden Organizations: Federal Trade, Federal Trade Commission, Capitol, Washington , D.C, Federal, U.S . Chamber of Commerce, Workers, FTC, Department, DOJ Locations: Washington ,, U.S

☆ ‘Our artillery is starving:’ Ukraine holds its breath as US set to approve $60bn of military aid
▼ + stars: | 2024-04-22 | by ( Andy Carey | Tim Lister | ) edition.cnn.com time to read: +7 min

The Ukraine aid bill, passed in the United States’ House of Representatives on Saturday, is now due to go to the Senate on Tuesday. At the top: artillery shells and air defense systems. “To win, we need ammunition… our artillery is starving,” an artillery reconnaissance commander with the 110th mechanized brigade, callsign “Teren,” told CNN after the vote on Saturday. While Ocheretyne itself is of no strategic value, it sits on a ridge, making it a desirable military target. “We need front-line air defense as much as we need protection for our cities and villages,” Zelensky said.

Persons: Joe Biden, ”, Volodymyr Zelensky, “, Teren, Velyka, Patrick Ryder, we’ve, Mark Warner, Chasiv Yar, Rob Lee, Russian Su, Anatolii Stepanov, ” Zelensky, Dmytro Kuleba, ” Kuleba, CNN’s Andy Carey, Victoria Butenko, Daria Tarasova, Svitlana Vlasova Organizations: Ukraine CNN —, United States ’, 110th, CNN, Ukraine’s Eastern Command, Pentagon, US Department of Defense, Senate Intelligence, CBS News, Sunday, –, Kremlin, Nazi, Getty, Patriot, Tactical Missile Systems, Warner, US, Ukrainian Locations: Kyiv, Ukraine, Russia, United, Russian, Avdiivka, Donetsk, Germany, Poland, Ukraine’s Dnipropetrovsk, Chasiv, Nazi Germany, AFP

☆ The stock market is primed for a short-term bounce, but correction still not over
▼ + stars: | 2024-04-22 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

The stock market is poised for a short-term bounce, but technical analysts who watch price charts warn that the correction is not yet over. The technician said he anticipates support for stocks — the point at which buyers will reemerge — between 4,700-4,800 in the S & P 500. .SPX YTD mountain S & P 500 To be sure, some observers anticipate a more durable stock market rally, rather than a mere bounce. He anticipates that the S & P 500 could find support down at 4,800 and may not find a true bottom for several weeks. But he anticipates that the selloff will take longer to play out, with a pullback bringing the S & P 500 back to 4,700.

Persons: JC O'Hara, Roth MKM, O'Hara, Tom Lee, Lee, CNBC's, Oppenheimer's Ari Wald, Wald, we've, BTIG's Jonathan Krinsky, Krinsky, Wolfe's Rob Ginsberg Organizations: Stocks, Federal Reserve

☆ India investor says short-term opportunity is in electric two wheelers, while Tesla plays the long game
▼ + stars: | 2024-04-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia investor says short-term opportunity is in electric two wheelers, while Tesla plays the long gameRob Brewis, portfolio manger at Aubrey Capital Management, says the short-term investment opportunity in India is actually in electric two wheelers, while noting Tesla's entry into the market will benefit the company and the country over the long term.

Persons: Tesla, Rob Brewis Organizations: India, Capital Management Locations: India

☆ A top fund manager is using these 7 global stocks to beat the market
▼ + stars: | 2024-04-22 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Global stock markets may be coming under pressure from geopolitical tensions and sticky inflation — but one portfolio manager sees potential in several stocks. Hinchliffe oversees more than $1 billion of PineBridge's assets via its Global Focus Equity Fund . What we are trying to do is beat the benchmark by constructing our portfolio to be similar to the market from a risk perspective," Hinchliffe said. "We're not taking a view that small caps are better or worse this year than last year; we're not taking the view that growth stocks are better than value stocks. The portfolio manager noted that they "clearly led the market last year based on fantastic earnings growth by and large."

Persons: Rob Hinchliffe, Hinchliffe, —, Morningstar, We're, we're, France's Legrand Organizations: PineBridge Investments, CNBC Pro, Global Focus Equity Fund, Equity Fund, Stock, Microsoft, Nvidia, Walmart Locations: U.S, Swiss

☆ Foreign direct investment in India creates strong consumer and positive growth, portfolio manager says
▼ + stars: | 2024-04-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailForeign direct investment in India creates strong consumer and positive growth, portfolio manager saysRob Brewis, portfolio manager at Aubrey Capital Management, discusses the Indian investment landscape and his outlook for Tesla in the Indian market for electric vehicles.

Persons: Rob Brewis, Tesla Organizations: Aubrey Capital Management Locations: India

☆ After my brother tragically died, I knew I wanted to pursue adventure. Now my family and I live on a catamaran.
▼ + stars: | 2024-04-21 | by ( Maria Noyen | ) www.businessinsider.com time to read: +11 min

We're pretty sure Kerry was executed there exactly two months later, in October 1978. So we had a memorial for Kerry, and then a few months later, John took his life. Rob Hamill rowing. Rob Hamill with Phil Stubbs, his teammate in the inaugural Atlantic rowing race in 1997. We got married about six months later, in 2001.

Persons: —, Rob Hamill, Pol Pot, Kerry, Kerry Hamill, Rob Hamill Kerry, Stuart Glass, Stuart, John Dewhirst, John, Hamill, who'd, Phil Stubbs, Phil, Comrade Duch, Pot, Rachel, Finn, Declan, Ivan, Rob Hamill's, Renee Whitaker, Hamill's, Finn didn't, We've Organizations: Service, Business, Navy, Atlantic, New Zealand, Pacific Locations: New Zealand, Khmer Rouge, Communist, Cambodia, Australia, Darwin, Khmer, Malaysia's, Kerry, Phnom Penh, Asia, Tenerife, Barbados, Ireland, New, Thailand, Angkor Wat

☆ Saturday Mornings With the ‘Voice of Problem Gambling’
▼ + stars: | 2024-04-21 | by ( Zach Schonbrun | ) www.nytimes.com time to read: +1 min

On the line this morning in January was Rob D., a 61-year-old recovering gambling addict who got his start flipping cards in school before he went broke betting on basketball as an adult. Within minutes, Rob was weeping. Tears are not unusual in this quiet enclave within the nation’s most famous sports-talk network. Like most of the rest of the sports industry, WFAN has been subsumed by advertisements and promotional tie-ins related to gambling. But from 9:30 to 10 every Saturday morning, a new guest enters Mr. Carton’s somber confessional to share his or her tale of addiction.

Persons: Craig Carton, Carton, Rob D, Rob Organizations: WFAN Locations: Lower Manhattan, ignominy

☆ Louis Rees-Zammit: Could this be the ‘the most marketable athlete of all time’ if he succeeds in the NFL?
▼ + stars: | 2024-04-20 | by ( Aimee Lewis | ) edition.cnn.com time to read: +3 min

CNN —Former Philadelphia Eagles star Jason Kelce said rookie Louis Rees-Zammit has the potential to be “the most marketable player of all time” should he succeed in the NFL. Rees-Zammit, 23, quit rugby union in January after a hugely successful international career with Wales and club career in the English top division. In March, he signed a deal with the Kansas City Chiefs having impressed on the NFL’s International Player Pathway (IPP) program. So he’s gonna be able to pick up the offense eventually. “But it’s gonna be a tough few months for him here while he’s getting acclimated to the NFL.

Persons: Jason Kelce, Louis Rees, Zammit, Rees, Travis Kelce, “, ” Travis Kelce, ‘ It’s, ”, acclimated, “ We’ve, ” Travis, ” Jason Kelce ‘, Rob McElhenney, Kelce, McElhenney, Ryan Reynolds Organizations: CNN, Former Philadelphia Eagles, NFL, Wales, Kansas City Chiefs, Chiefs, Wrexham, Welsh, Hollywood Locations: Zammit, American, Philadelphia, Wales

☆ 'We've never seen anything like this': Dubai Airports CEO discusses flood
▼ + stars: | 2024-04-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'We've never seen anything like this': Dubai Airports CEO discusses floodRob Griffiths, CEO of Dubai Airports, discusses how torrential storms are affecting operations, saying "it's been a very difficult time."

Persons: Rob Griffiths, it's Organizations: Dubai, Dubai Airports Locations: Dubai

Netflix and a popular beauty stock were featured among Friday's biggest analyst calls. Analyst Rob Sanderson initiated coverage of DoorDash with a buy rating and $170 price target, citing strong execution. Alongside the upgrade, Blum downgraded Sunnova Energy to an equal weight rating and slashed his price target to $6 from $11, citing a higher-for-longer rate environment. "Share gains upmarket by Shopify support confidence in the durability of growth against tempered consumer spending expectations," wrote analyst Keith Weiss. The stock has tumbled 11% this year, but could rally 22% based on the firm's adjusted $85 price target.

Persons: Canaccord Genuity, Rob Sanderson, DoorDash, Sanderson, – Samantha Subin, Wolfe, Steven Chubak, BAC's, Chubak, bode, Wells, Michael Blum, Blum, Biden, Samantha Subin, Morgan Stanley, Keith Weiss, Weiss, — Samantha Subin, Canaccord, Maria Ripps, Steven Cahall, Price, Doug Anmuth, Morgan Stanley's Benjamin Swinburne, Jefferies, Ashley Helgans, Helgans, Fred Imbert Organizations: CNBC, Netflix, Friday's, Jefferies, Capital, Industry, Wolfe Research, Bank of America, of America, SCHW, Sunnova Energy, NOVA, Ulta Locations: Wells Fargo, China, Thursday's, Canada

☆ Israel and Iran: All-out war, or measured retaliation?
▼ + stars: | 2024-04-19 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

Atta Kenare | AFP | Getty Imageswatch nowBut a full-blown conventional war would be devastating to both sides and highly destabilizing for the Middle East. Are these tit-for-tat blows between Israel and Iran clear evidence of all-out war, or carefully calibrated retaliation strikes? "With Israel's apparent strikes on Iran today, retaliating for Iran's attack on Israel last Sunday, we now have a direct nation-on-nation hot war," he told CNBC's "Capital Connection" Friday. 'Ball is back in Iran's court'Not everyone agrees that the line into wider war has been crossed, however. Within hours of the Israeli strikes, risk assets were already on their way back down, with international oil benchmark Brent crude turning lower for the session after a brief spike.

Persons: Atta Kenare, Benjamin Netanyahu, Joe Biden, Netanyahu, Ebrahim Raisi, Clay Seigle, CNBC's, Ehud Olmert, CNBC's Dan Murphy, Olmert, Ian Bremmer, Michael Singh, Israel, Rob Casey, Casey Organizations: AFP, Getty, Washington, Rapidan Energy Group, Israeli, Military, Israel, Eurasia Group, National Security Council, Wall Street, Signum Global Advisors, Anadolu, International Atomic Energy Agency, Brent Locations: Palestine Square, Tehran, Israel, Iran, U.S, Damascus, Gulf of Oman, Hormuz, Anadolu

☆ Israel-Iran conflict: Israel strike 'not the most' escalatory path it could've taken, analyst says
▼ + stars: | 2024-04-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael-Iran conflict: Israel strike 'not the most' escalatory path it could've taken, analyst saysRob Casey, partner and senior analyst at Signum Global Advisors, says "the ball is back in Iran's court."

Persons: Rob Casey Organizations: Israel, Signum Global Advisors Locations: Iran, Israel, Iran's

CNN —Iranian authorities have warned that crocodiles are being forced from their natural habitats as floods devastate parts of the country’s southeast. Three road construction workers have died in the flooding, Iranian state news agency IRNA reported on Thursday, which came after a record-breaking storm hit the Middle East. Videos broadcast by state news media IRNA and Tasnim showed widespread floods with people using boats to rescue others. The weather conditions were associated with a larger storm system traversing the Arabian Peninsula and moving across the Gulf of Oman. In Oman, at least 18 were killed in flash floods triggered by heavy rain, the country’s National Committee for Emergency Management said.

Persons: IRNA, Christopher Pike Organizations: CNN, Mehr, of Environment, Iranian, United Arab, UAE, Emergency Management Locations: Bandar Abbas, Kerman, Sistan, Baluchistan, Rivers, Bahu Kalat, Dubai, UAE, United Arab Emirates, Oman, Iran, Gulf of Oman

☆ Copenhagen stunned by devastating stock exchange fire, as police launch probe into blaze
▼ + stars: | 2024-04-17 | by ( Rob Picheta | ) edition.cnn.com time to read: +3 min

CNN —Police launched an investigation Wednesday into the fire that tore through Copenhagen’s famous stock exchange building, causing the collapse of its spire and damaging centuries-old artwork and architecture. “It gives me hope because we have decided to rebuild the stock exchange because it’s part of European history as a trading continent,” he said. The old stock exchange – located only a few minutes walk from Christiansborg Palace – dates back to 1625. It was built in the Dutch Renaissance style at the request of King Christian IV and had recently been undergoing renovations with its facade covered in scaffolding and protective coverings. It has been at the heart of Danish business since then; while it no longer houses the Danish stock exchange, it serves as the headquarters of the Chamber of Commerce.

Persons: Brian Belling, Liselotte, ” Belling, “, it’s, Eva Simoni Lomholdt, Ida Marie Odgaard, Ritzau Scanpix, Brian Mikkelsen, King Christian IV, Mette Frederiksen, ”, Jakob Engel, Schmidt Organizations: CNN — Police, Firefighters, ” Police, Ritzau Scanpix, Reuters, Residents, Notre Dame Cathedral, Getty, Danish Chamber of Commerce, Chamber of Commerce Locations: Copenhagen, Danish, Ritzau, Ritzau Scanpix Denmark, Børsen, Paris, Denmark, AFP, Palace

☆ Taking too much of these 4 popular supplements can be dangerous, a toxicologist warns
▼ + stars: | 2024-04-16 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +5 min

But too much of supplements, including fish oil and vitamin D, can be harmful. A toxicologist shared the side effects of overdoing some of the most popular supplements. AdvertisementChilcott shared the long-term risks of taking too much of some of the most popular supplements. You're unlikely to get symptoms from taking too much vitamin D if you're taking less than 250 mcg a day, according to the ODS. Of all the supplements Chilcott spoke about, he said this was the one that's the most potentially risky, but only at very high doses.

Persons: —, Rob Chilcott, Chilcott, it's Organizations: Service, University of Hertfordshire, FDA, Cleveland Clinic, BI, US Food and Drug Administration

☆ Chilling video shows fire erupting out of a Russian tank after an exploding Ukrainian drone flew into its open hatch
▼ + stars: | 2024-04-16 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Ukraine flew an exploding drone into a Russian tank's open hatch, a new video shows. AdvertisementA new chilling video shows a Ukrainian drone flying directly into the open command hatch of one Russia's main battle tanks before exploding and, apparently, setting off the ammo inside. Video of Ukrainian SSO FPV strikes on a Russian T-90M tank and Desertcross ATVs. Drone operators have become invaluable assets for both sides of the war, as well as prime targets. Two Russian T-90M tanks viewed head-on in an undisclosed rural location in Ukraine.

Persons: It's, —, Putin, UaZmDK7nXP, — Rob Lee, Bradley Organizations: Service, Special Operations Forces of, Armed Forces of, Regiment, Special Operations Forces, 59th Motorized Brigade, Russian Defense Ministry, Russian Defense Ministry Press Service, AP, Bradley Locations: Ukraine, Russian, Ukrainian, Armed Forces of Ukraine, Donetsk, Magyar, Stepove, Avdiivka

☆ A nutritionist who cut down on ultra-processed foods shares his dinners before making the change, and what he eats now
▼ + stars: | 2024-04-15 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +1 min

Ultra-processed foods have been linked to a range of health problems. Nutritionist Rob Hobson eats as few UPFs as possible by cooking from scratch. AdvertisementThe evidence that ultra-processed foods are bad for us is growing. That's why over the past year, nutritionist Rob Hobson has removed UPFs from his diet as much as possible. They usually have a long shelf life, come in highly marketed packaging, and are made to be ultra-palatable, Hobson told Business Insider.

Persons: Rob Hobson, —, Hobson Organizations: Service, Research, Business Locations: UPFs

☆ A Slimmer Goldman Sachs Posts Hefty Jump in Profit
▼ + stars: | 2024-04-15 | by ( Rob Copeland | ) www.nytimes.com time to read: +1 min

What a difference a year makes at Goldman Sachs. The venerated Wall Street investment bank, which a year ago was in the throes of struggle after attempting to build a Main Street franchise, on Monday showed off the benefits of sticking to what it knows best. It earned nearly $4 billion in the first quarter — around $1 billion more than analysts expected — after reaping big profits in its trading and corporate advisory franchises. Its investment banking fees exceeded $2 billion in the first quarter, nearly one-third higher than the same period a year earlier. If it returns, Goldman is among the big banks in line to benefit.

Persons: Goldman Sachs, Goldman, JPMorgan Chase Organizations: Wall, JPMorgan

☆ Boston Marathon: How to watch and what you need to know ahead of this year’s race
▼ + stars: | 2024-04-15 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —The 128th edition of the Boston Marathon takes place on Monday with 30,000 runners from over 100 countries expected to participate. Here’s what you need to know ahead of this year’s race. How to watchThe men’s and women’s wheelchair divisions get the Boston Marathon underway, setting off at 9:02 a.m. and 9:05 a.m. Eastern Time. The elite men’s race begins at 9:37 a.m. Decorated Kenyan distance runner Hellen Obiri, who won her first major marathon in Boston last year, headlines the women’s race alongside former New York City Marathon champion Sharon Lokedi.

Persons: Evans Chebet, Robert Kipkoech Cheruiyot, Chebet, Eliud, Gabriel Geay, Hellen Obiri, Sharon Lokedi, Sara Hall, Des Linden, Keflezighi, Zdeno Chara, Rob Gronkowski Organizations: CNN, Boston Marathon, Patriots, ESPN2, Eurosport, New York, Marathon, London Marathon, Boston, Boston Bruins, Patriots ’ Locations: Hopkinton, Boston, Europe, FloSports, Australia, Tanzania, Massachusetts

☆ Wrexham secures promotion with magnificent 6-0 victory as Ryan Reynolds hails ‘ride of our lives’
▼ + stars: | 2024-04-14 | by ( Jacob Lev | ) edition.cnn.com time to read: +1 min

CNN —Celebrity owners Ryan Reynolds and Rob McElhenney could not have written a better Hollywood script since taking over Wrexham AFC in February 2021. The Welsh club earned its second consecutive promotion, this time to League One - English football’s third tier – following a 6-0 win over Forest Green Rovers on Saturday at the Racecourse Ground in Wrexham, Wales. With the win, Wrexham trails Stockport by four points for the League Two title, though the league leader has played one game fewer. Wrexham is now two promotions away from the English Premier League, with the Championship – English football’s second tier – the next aim. The Welsh club will look to continue its quest for a League Two championship when it next plays on April 20 against Crewe Alexandra at The Mornflake Stadium in Crewe, England

Persons: Ryan Reynolds, Rob McElhenney, ” Reynolds, “ Congrats, ” McElhenney Organizations: CNN, Wrexham AFC, Welsh, League, Forest Green Rovers, Wrexham, English Premier League, Crewe Alexandra Locations: Wrexham, Wales, Stockport, North Wales, ”, Crewe

☆ Israel mulls response to unprecedented Iranian attack as West urges Netanyahu to avert all-out war
▼ + stars: | 2024-04-14 | by ( Rob Picheta | ) edition.cnn.com time to read: +6 min

Together we shall win.”Israel will respond to Iran’s attack, but the scope of that attack has yet to be decided, an Israeli official told CNN on Sunday. The official said Israel is yet to determine whether to try and “break all the dishes” or do something more measured. Israel and Iran have long been rivals, but tensions escalated in the wake of Hamas’ attacks on Israel, which left about 1,200 people dead. Iranian ballistic missiles that reached Israel fell on the airbase located in southern Israel, and caused only light structural damage, Israel Defense Forces (IDF) spokesperson Daniel Hagari said. Iran had vowed to retaliate after accusing Israel of bombing its diplomatic complex in Syria earlier this month.

Persons: CNN —, Yoav Gallant –, ” Gallant, Benjamin Netanyahu, “, ”, Netanyahu, Hossein, Bagheri, Daniel Hagari, Israel “, Joe Biden, Biden, Yoav Gallant, Getty Images Biden, Israel, Mohammed Reza Zahedi, Mohammad Hadi Haji Rahimi, Donald Trump, IRGC, Qassem Soleimani Organizations: CNN, –, Sunday, Hamas, Islamic, Islamic Revolutionary Guard Corps, TV, of Iran’s Armed Forces, Israel Defense Forces, Israel, White, Israeli, Ministry of Defense, Getty Images, United, Emirates, Revolutionary Guards Locations: Iran, ” Israel, Israel, Gaza, Syria, France, Islamic Republic, Damascus, Iranian, Western, Anadolu, East, Saudi Arabia, Qatar, Baghdad

☆ Why Iran attacked Israel and what comes next
▼ + stars: | 2024-04-14 | by ( Rob Picheta | ) edition.cnn.com time to read: +5 min

How did Iran attack Israel? Israel and Iran are long-standing rivals and have been engaged in a shadow war for years. Israel’s war on Hamas, waged since the militant group attacked Israel on October 7, has heightened those tensions. But fears of a spiralling regional war spiked further in early April, when Iran accused Israel of bombing its diplomatic complex in Syria. The “Zionist regime” is a term Iran uses to refer to Israel.

Persons: percolated, Daniel Hagari, won’t, Mohammed Reza Zahedi, Mohammad Hadi Haji Rahimi, Donald Trump, IRGC, Qassem Soleimani, Ayatollah Ali Khamenei, Israel, Ebrahim Raisi, “, IRNA, Yoav Gallant, Benjamin Netanyahu, Joe Biden, Netanyahu, Biden, Benny Gantz, Bezalel Smotrich, Itamar Ben Gvir, Hossein Organizations: CNN, Israel, Israel Defense Forces, Revolutionary Guards, West, Israeli, White, Finance, National Security, Islamic Revolutionary Guard Corps, TV Locations: East, Iran, Damascus, Syria, Israel, Iranian, Iraq, Gaza, Baghdad, Lebanese, ”

☆ Millennials aren't giving up on having a home they love
▼ + stars: | 2024-04-13 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +5 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . From the home shortage to having higher debt compared to their parents during the same stage of life, it hasn't been easy. AdvertisementBut millennials, the eldest of the group being in their early 40s, aren't giving up. Still, while some millennials are spending seven figures buying and renovating their homes, others are giving up on homeownership completely. Why Masters merch is so coveted.

Persons: —, let's, Alyssa Powell, millennials, homeownership, they're, Brigette Muller, Kinga Krzeminska, you've, Mikel Jaso, It's, Christian Petersen, merch, Rob Hobson, Rob Hobson Skip, Hobson, bagels, Tyler Le, Patti Stanger, Robert Downey Jr, Brandy Hellville, Kate Taylor, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Business, Service, HGTV, EU, Getty Locations: Brooklyn, Italy, Swiss, New York

☆ Wall Street heads into the week ahead on edge as traders brace for a raft of earnings, economic data
▼ + stars: | 2024-04-12 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

How the corporate America is handling sticky inflation and the prospect of higher interest rates will be top of mind for investors in the week ahead, after this week's choppy moves. The first-quarter earnings season, which kicked off Friday, will give Wall Street insight into how businesses expect to weather an environment of elevated interest rates. More macro data, such as U.S. retail sales, will give insight into how the consumer is handling higher pricing pressures. First-quarter earnings season underway The corporate earnings season kicks into high gear in the week ahead. This week, the small cap Russell 2000 is on track for a losing week, down by more than 1%.

Persons: Bob Doll, CNBC's, Wolfe, Rob Ginsberg, Ginsberg, Goldman Sachs, Morgan Stanley, FactSet, Robert Haworth, Haworth, Charles Schwab, Johnson, D.R, KeyCorp Organizations: Dow Jones Industrial, Exxon Mobil, Costco, Apple, Crossmark, Investments, Investors, Bank of America, Consumer, U.S . Bank, Index, Retail, T Bank, Housing, Manufacturing, Hunt Transport Services, United Airlines, Johnson, Bank of New York Mellon, UnitedHealth Group, Northern Trust, CSX, Discover Financial Services, Prologis, U.S . Bancorp, Philadelphia Fed, American Express, Procter, Gamble, Fifth Third Bancorp, Schlumberger Locations: America, China, NAHB, Vegas Sands, U.S, Horton

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