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☆ Here are three things we're watching in the markets in the week ahead
▼ + stars: | 2023-09-16 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

The Softbank-owned chip designer's return to the public markets — the largest initial public offering since 2021 — was the highlight of the week. Those are the three things that we'll be focusing on in the week ahead. While struggling to snap back after Covid, China this week reported better-than-expected industrial output and stronger retail sales, signaling that things may be looking up. The United Auto Workers strike against Detroit's three biggest automakers will continue in the week ahead, barring a labor deal. ET: Fed Governor Lisa Cook is set to deliver the keynote address at the NBER's Economics of Artificial Intelligence Conference in Toronto, Canada.

Persons: —, Morgan Stanley, Wells Fargo, Jerome Powell's, Jim Cramer, it's, Jim Farley, Stanley Black, Decker, Eli Lilly, Jerome Powell, Mills, Lisa Cook, Jim Cramer's, Jim, Brendan McDermid Brendan Mcdermid Organizations: Nasdaq, Dow Jones, Federal, United Auto Workers, automakers, Fed, West Texas, Saudi, Coterra Energy, Natural Resources, Detroit's, UAW, General Motors, Chrysler, Ford, CNBC, Stanley, Housing, Apogee Enterprise, FedEx, KB, Darden, NBER's, Artificial Intelligence, Jim Cramer's Charitable, Traders, New York Stock Exchange, REUTERS Locations: U.S, Covid, China, WTI, Toronto, Canada, New York City

☆ At 30%, Solar Panel Tax Credits Are at a High Point for Now
▼ + stars: | 2023-08-25 | by ( Ann Carrns | ) www.nytimes.com time to read: +2 min

Some states offer their own tax incentives, and utilities may offer rebates for installing solar. In some cases, rebates may affect the size of the federal credit, so consult a tax professional for help calculating your potential benefit, Ms. Walker said. Some solar contractors also do roofs or work closely with roofing companies, so you may be able to economize by having them done at the same time, she said. Some solar contractors offer the option to lease the system rather than buy it, but in that case you won’t own it — so you don’t qualify for the tax credit, Ms. Walker said. Like any home-improvement project, solar installations may attract disreputable contractors, said Melanie McGovern, a spokeswoman for the International Association of Better Business Bureaus.

Persons: Walker, . Jones, Albertus, Aggarwal, Melanie McGovern, McGovern, “ Organizations: Solar Energy Industries Association, North American Board of Certified Energy, International Association of Better Business

☆ 3 common mistakes to avoid on your resume, from an ex-Google recruiter: 1 is 'maybe my biggest pet peeve’
▼ + stars: | 2023-08-08 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

When it comes to reviewing a resume, former Google recruiter Nolan Church's biggest red flag is wordiness. 1 thing I don't want to see on a resume is probably text bricks," he says. There are other resume red flags that could mean you don't move on in the hiring process, too. For Church, a resume with mistakes means you "lack attention to detail," he says. Multiple unexplained short stintsAnother red flag for Church is "multiple, unexplained short stints," he says.

Persons: Nolan Church's, It's Organizations: Continuum, Church

☆ What is a superseding indictment?
▼ + stars: | 2023-07-28 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Special Counsel Jack Smith filed two new documents charges against Trump in a superseding indictment. Superseding indictments allow for additions and changes to a case in light of new evidence. A superseding indictment is a criminal complaint brought by a grand jury that changes, adds to, or replaces an original indictment in the wake of new evidence. The superseding indictment brought in the documents case this week also added a third defendant, maintenance worker Carlos De Oliveira, to the case, as well as additional charges against Trump aide Walt Nauta, who pleaded not guilty to the counts against him earlier this month. He faces 34 felony counts of falsifying business records in New York in addition to the classified documents case.

Persons: Jack Smith, Smith, Donald Trump, Trump, Carlos De Oliveira, Walt Nauta, Carl Tobias, Tobias, De Oliveira Organizations: Trump, Service, University of Richmond, Associated Press Locations: Wall, Silicon, Mar, New York

☆ Here are Thursday's biggest analyst calls: Tesla, Spotify, Netflix, Chevron, Carvana, Coinbase & more
▼ + stars: | 2023-07-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Thursday's biggest calls on Wall Street: TD Cowen upgrades Meta to outperform from market perform TD Cowen said it sees further share gains ahead for Meta. TD Cowen reiterates Amazon as outperform TD said it's bullish heading into Amazon earnings later this month. Deutsche Bank reiterates Microsoft as buy Deutsche said the stock is "set up nicely" heading into earnings later this month. " Bank of America reiterates Tesla as neutral Bank of America said it's standing by its neutral rating heading into earnings next week. BMO reiterates Chevron as outperform BMO said in a note on Thursday that it likes the oil and gas giant's capital return.

Persons: Cowen, TD Cowen, it's, Stifel, Coinbase, JPMorgan downgrades, Morgan Stanley, Cboe, Morgan Stanley downgrades SoFi, Tesla, Domino's, Robert Iger, Oppenheimer Organizations: Meta, Energy Fuels, Clean Energy Fuels Corp, Barclays, JPMorgan, Spotify, Deutsche Bank, Microsoft, Deutsche, BMO, Netflix, " Bank of America, of America, Suisse, Credit Suisse, Bank of America, Disney, ESPN, Chevron Locations: China

☆ Can Japan's Nikkei benchmark hit an all-time high of 40,000? One strategist thinks so
▼ + stars: | 2023-07-05 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

Akio Kon | Bloomberg | Getty ImagesJapan's Nikkei 225 can reach 40,000 points in the next 12 months as fundamentals are "pointing in the right direction," according to market strategist Jesper Koll. Should the prediction come true, this would mean that the Nikkei would have breached its all-time high of 38,195 achieved on Dec 29, 1989. Japan's central bank has maintained an ultra-loose monetary policy for more than 20 years. He said that while there is more upside in the Nikkei, "a lot of good news is already priced in." That's on the expectation that the BOJ will move to tighten monetary policy.

Persons: Akio Kon, Jesper Koll, CNBC's, Koll, Kazuo Ueda, Tony Sycamore Organizations: Tokyo Stock Exchange, Bloomberg, Getty, Nikkei, Monex Group, Bank of Japan, CNBC Locations: Tokyo, Japan, Japan's, Koll, Sycamore

☆ Bank of England's conundrum deepens as inflation and labor market stay hot
▼ + stars: | 2023-06-20 | by ( Elliot Smith | ) www.cnbc.com time to read: +1 min

A member of the public walks through heavy rain near the Bank of England in May 2023. LONDON — The Bank of England is "caught between a rock and a hard place" as it prepares for a key monetary policy decision against a backdrop of sticky inflation and a tight labor market, economists say. May's consumer price index figure will be published Wednesday morning, the day before the Bank's Monetary Policy Committee (MPC) announces its next move on interest rates. Data points since the last meeting have indicated persistent tightness in the labor market and strong underlying inflationary pressures, alongside mixed but surprisingly resilient growth momentum. Economists therefore now expect the Bank to prolong its tightening cycle and lift interest rates to a higher level than previously anticipated.

Organizations: Bank of England, LONDON, Organization, Economic Cooperation, Development

☆ "The Fed's got to be done": BCG Partners CEO on rates and recession
▼ + stars: | 2023-06-08 | by ( Bob Pisani | ) 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"The Fed's got to be done": BCG Partners CEO on rates and recessionBGC Partners' Howard Lutnick joins ETF Edge to discuss the Fed's next move on interest rates and his take on ongoing recession fears.

Persons: Howard Lutnick Organizations: BCG, Edge

☆ Why one popular shoe brand is lowering prices despite inflation
▼ + stars: | 2023-06-04 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +3 min

New York CNN —As inflation continues to strain family budgets, forcing people to prioritize purchasing daily necessities over discretionary buys, one maker of popular footwear is lowering prices on its products to provide some relief to weary consumers. “Families are obviously feeling the pressure from inflation,” Beth Goldstein, footwear and accessories analyst at Circana, said in the report. “Without the government assistance that many households with children had previously received, they are now prioritizing their kids’ footwear replacement needs over their own.”Keen said it is lowering prices on its footwear provide some relief to inflation-weary consumers. Courtesy KeenThe company said it’s started reducing prices across its portfolio of products, which range from $36 for kids’ shoes to about $250 for adult shoes. Keen is lowering prices by about 5% across its products.

Persons: Circana, Beth Goldstein, ” Keen, it’s, ” John Evons, Keen, “, ”, Evons, ” Evons, Goldstein, Keen’s Organizations: New, New York CNN, NPD, CNN Locations: New York, Oregon, Portland, Dominican Republic, Thailand

☆ Members of George Santos' own party are done with him, saying he's 'an embarrassment' and they're 'surprised he's still here'
▼ + stars: | 2023-05-10 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

Members of George Santos' own party have called on him to step aside. Santos turned himself in to federal authorities on Wednesday and has been charged with 13 criminal counts. The nation's focusing on solutions that matter, not George Santos." "I'm surprised he's still here," Montana Rep. Ryan Zinke, a Republican, told CNN. George Santos turned himself in to federal authorities on Wednesday and has been charged with 13 crimes, including money laundering, theft of public funds, and wire fraud.

☆ Club meeting recap: Equities edge down, Estee Lauder, Caterpillar
▼ + stars: | 2023-05-08 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Equities lower ahead of inflation data Watch Estee Lauder Buy Caterpillar 1. Watch Estee Lauder Nelson Peltz isn't going to do anything with Estee Lauder (EL), the activist investor told Jim Cramer Monday. 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.

☆ Despite TikTok ban threat, influencers are flocking to a new app from its parent company
▼ + stars: | 2023-05-05 | by ( Clare Duffy | ) edition.cnn.com time to read: +8 min

However, they denied rumors that ByteDance had paid creators to promote the new app on TikTok. Still, the app lacks some standard social platform features such as messaging and the option to tag other users in posts. Lemon8’s userbase remains a far cry from the 150 million users TikTok says it has in the United States. By launching a new app even with TikTok in the spotlight, “ByteDance clearly doesn’t feel like they’re at risk,” Lewis said. Even if TikTok and Lemon8 were banned, Cruz said, “I already have a following on all the other platforms.”

☆ Morning Bid: Hike and hold, bank angst and Apple
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +5 min

As the Fed delivered what markets assume will be the last rate hike of a brutal 13-month, 500-basis-point tightening cycle, further aftershocks from the March bank blowups reverberated in the background. And given they had advance knowledge of next week's quarterly loan survey before Wednesday's rate decision, it suggests the bigger picture they see remains somewhat equivocal. Norway's central bank raised interest rates as expected and signalled more to come. Events to watch for on Thursday:* European Central Bank policy decision, statement and news conference* U.S. first quarter unit labor costs and productivity, April layoffs, March trade balance, weekly jobless claims. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

The rise of streaming services changed the way audiences consume both television shows and movies, and studios adjusted their business models in an attempt to respond. But they’re unlikely to get meaningful residuals, if any at all, when they create original content for streaming services as contracts stand today. With streaming services poised to become the future of television entertainment, the Guild was fighting in these negotiations for some kind of ongoing compensation from streaming services. The hunger for content by those streaming service also means that it might not take as long for the strike to start to impact production schedules. Streaming services also have a massive stockpile of older content that could keep their customers satisfied, at least temporarily, while they await new shows.

☆ UEFA Chamions League: Manchester City to face Real Madrid in semifinals
▼ + stars: | 2023-04-20 | by ( Ben Church | ) edition.cnn.com time to read: +3 min

CNN —Manchester City took another step towards winning its first Champions League trophy after cruising to a 1-1 draw against Bayern Munich on Wednesday to secure a 4-1 aggregate win in the quarterfinals. “I’m so happy for three years in a row to be in the Champions League semifinals,” City manager Pep Guardiola told reporters after the second leg at the Allianz Arena. The Norwegian striker pounced on a mistake by defender Dayot Upamecano to smash home a finish into the top corner of the net in the 57th minute – his 12th Champions League goal of the season. “I am very satisfied with both games against Manchester City and with the way we presented ourselves today,” Tuchel told reporters after the match. The Italian side will face fierce city rival AC Milan for a place in the Champions League final where the winner will face either Manchester City or Real Madrid in Istanbul on June 10.

Imbalance had long riled Nissan executives who complained Renault did not pay its fair share of costs for innovation and development. In a joint statement to Reuters, Nissan and Renault said they were working toward final partnership terms that would make them more competitive. Nissan will invest and provide technology for the venture but will limit its operational involvement, one of the people told Reuters. In rebalancing talks, Nissan has pushed for protection of its technology to limit any downside from continued partnership, people involved have said. Among technology Nissan wants to protect is its work on solid-state lithium-ion battery making and its e-Power electric hybrid powertrain, the people said.

☆ The 2-year Treasury yield is 'acting like a meme stock' and swinging wildly as investors see the Fed making a mistake by not cutting interest rates, says John Hancock strategist
▼ + stars: | 2023-04-11 | by ( Carla Mozée | ) www.businessinsider.com time to read: +4 min

The 2-year Treasury yield has been swinging sharply and "acting like a meme stock," a top strategist at John Hancock said on Tuesday. The inverted yield curve is telling the Fed it's making a mistake by not cutting interest rates, said strategist Emily Roland. "When the two-year Treasury yield is acting like a meme stock there's a lot of uncertainty here around Fed policy," she added. But the 2-year yield — moving around 4% on Tuesday — has been on a roller coaster since early March. The 2-year yield at 4% was higher than the 10-year yield at 3.43% on Tuesday, creating an inverted yield curve widely seen as signaling an oncoming recession.

☆ Club meeting recap: Jim Cramer says stick with health care stocks in uncertain times
▼ + stars: | 2023-04-11 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Equities mixed Stick with health care Watch DHR, CAT 1. Stick with health care Health care is a stable sector to be in during times of economic uncertainty, Jim Cramer reiterated Tuesday. 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 .

☆ Buying a home is only going to get harder this spring as hopeful house hunters get thwarted by fewer options and still-high prices
▼ + stars: | 2023-03-28 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +4 min

But buyers won't have many homes to pick from, which can lead to competition that keeps prices high. Owners are reluctant to sell because they would have to give up locked-in low mortgage rates. Considering growing expectations that the Federal Reserve will stop, or even reverse, its benchmark rate hikes this year, mortgage rates may fall further in the weeks to come. Owners happy with their homes and low, locked-in mortgage rates, aren't moving much. More competition, or demand, for a smaller number of homes, or supply, usually keeps prices high.

☆ European markets head for higher open; investors await Fed's next move on interest rates
▼ + stars: | 2023-03-22 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European markets are heading for a higher open Wednesday, with investors around the world focusing on the U.S. Federal Reserve as its Federal Open Market Committee concludes a two-day meeting and prepares to announces its latest decision on interest rates. The U.S. central bank is attempting to strike a balance between fighting inflation and stemming a banking crisis. Most investors expect the central bank to stay committed to tightening and to raise rates by 25 basis points. Asia-Pacific markets rose on Wednesday, while U.S. stock futures were little changed Tuesday evening as investors braced themselves for the Fed's next move.

☆ Kamala Harris dodged a question about the Willow drilling project Biden just approved during an interview with Stephen Colbert
▼ + stars: | 2023-03-16 | by ( Rebecca Cohen | ) www.businessinsider.com time to read: +3 min

Kamala Harris dodged a question about if Biden broke a campaign promise with the Willow project. On Wednesday night's episode of "The Late Show With Stephen Colbert," Colbert first asked Harris what the major issues will be that define the upcoming 2024 election, in which Biden and Harris are expected to run for re-election. Colbert asked the Vice President. Colbert then asked about the blowback the Biden-Harris administration is now facing because of the Willow project approval. After pushing her three times, Harris still would not answer whether Biden broke a campaign promise, prompting Colbert to move on in the interview.

☆ Wholesale prices post unexpected decline of 0.1% in February; retail sales fall
▼ + stars: | 2023-03-15 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Wholesale prices posted an unexpected decline in February, providing some encouraging news on inflation as the Federal Reserve weighs its next move on interest rates. On a 12-month basis, the index increased 4.6%, well below the downwardly revised 5.7% level from the previous month. Hiring edged lower as did the prices index. The news comes a day after the Labor Department said consumer prices rose another 0.4% in February, bringing the annual inflation rate to 6%. Despite the downward drift in the annual inflation rate, and recent banking industry turmoil, financial markets still expect the Federal Reserve to increase interest rates when it meets next week.

☆ Club meeting recap: Cramer says Meta is 'rapidly becoming my favorite stock'
▼ + stars: | 2023-03-14 | by ( Christopher Alessi | In | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Stocks rise Meta restructuring Buying opportunities 1. Meta stock is up about 2% on annual basis, and nearly 60% 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 .

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was flat after U.S. stocks ended the previous session with mild gains. The two-year yield , which rises with traders' expectations of higher Fed fund rates, touched 4.8945% compared with a U.S. close of 4.894%. Australian shares (.AXJO) were 0.1% lower after being down 0.3% earlier in the session, while Japan's Nikkei stock index (.N225) rose 0.5%. "In the next couple of days the congressional testimony will be critical for markets. Investors have repriced what they think the Fed will do with interest rates in March and into the second quarter," said Tai Hui, JPMorgan Asset Management's chief Asian market strategist.

☆ Some Starlink customers say they're nervous that SpaceX will continue hiking prices after their subscription cost jumped to $120 a month
▼ + stars: | 2023-02-24 | by ( Kate Duffy | ) www.businessinsider.com time to read: +3 min

It's the second time SpaceX has increased Starlink prices in a year. Some customers said they were worried SpaceX would increase prices further. It's the second time in a year that SpaceX has hiked Starlink service prices. Multiple Starlink customers who were notified about the price increase this week told Insider they weren't happy about paying more for the service. The company's email to customers said the company was launching more satellites to increase Starlink capacity and frequently updating the network to improve the service.

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