Traders on the floor of the NYSE, Feb. 9, 2022. Source: NYSE Stock futures were flat in overnight trading Thursday after a sharp sell-off on Wall Street spurred by the hottest inflation reading in four decades. Futures on the Dow Jones Industrial Average dipped just 30 points. S&P 500 futures and Nasdaq 100 futures were
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Kellogg is planning to raise prices and increase productivity to offset the skyrocketing inflation it’s seeing for input costs, CEO Steve Cahillane told CNBC on Thursday. “As we enter 2022, we are still seeing double-digit cost inflation,” Cahillane said on “Squawk on the Street“ “We’re going to see the wraparound benefits of the pricing that
In this article 9984.T-JP The current interest rate environment could favor Japanese conglomerate SoftBank Group’s strategy of long-term investing as it looks to buy earlier stage tech companies at lower valuations, according to CLSA’s Oliver Matthew. With prices of potential acquisitions now coming down as investors brace for higher rates, Matthew told CNBC’s “Squawk Box
Another day — another border reopens. In the past two weeks, a slew of countries announced plans to reopen or relax border restrictions. This includes places that have maintained some of the strictest pandemic-related border controls in the world. The announcements come on the heels of a record-setting period of global infections. According to
Brothers91 | E+ | Getty Images Tax season is underway — and the IRS is warning of a likely increase in scams targeting taxpayers. Agency officials are sounding the alarm on “IRS impersonation scams,” in which criminals pose as IRS agents to try stealing money or personal information. The latter can lead to identity theft
In this article DCFC TSLA US President Joe Biden, speaks about rebuilding manufacturing on February 8, 2022, from the South Court Auditorium in Eisenhower Executive Office Building, in Washington, DC. Brendan Smialowski | AFP | Getty Images President Joe Biden publicly acknowledged Tesla for the first time in his presidency on Tuesday, noting the company’s
Traders on the floor of the NYSE, Feb. 4, 2022. Source: NYSE U.S. stock futures rose slightly in overnight trading on Tuesday as investors prepare for another round of corporate earnings. Dow futures rose about 50 points. S&P 500 futures gained 0.2% and Nasdaq 100 futures rose 0.2%. Chipotle rose more than 7% in after-hours
Chris “The Glove” Taylor is joining top creators such as Snoop Dogg, Heavy Metal Magazine, META, and Death Row Records by leveraging blockchain technology to build NFT Collections and digital wearables to help drive new revenue streams with fans. The pioneering multi-platinum producer has signed a deal with NFT Drop, whose focus is tangible NFT memorabilia. Taylor gave Chad Kiser the exclusive on
In this article MRNA JNJ PFE Syringes and a box of Johnson & Johnson vaccine. Paul Hennessy | SOPA Images | LightRocket | Getty Images The only Johnson & Johnson facility currently making usable batches of the company’s single-shot coronavirus vaccine has temporarily halted its production, a new report said Tuesday. The Netherlands-based plant has
Moviegoers line up in front of promotional posters for Chinese Lunar New Year films in Shanghai on Feb. 1, 2022. Costfoto | Future Publishing | Getty Images BEIJING — Chinese consumer spending on movies plunged during the Lunar New Year holiday last week as theaters raised prices to record highs. The seven-day holiday that ended
In this article TSLA Employees work at the Tesla Gigafactory in Shanghai, east China, Nov. 20, 2020. U.S. electric car company Tesla in 2019 built its first Gigafactory outside the United States in the new Lingang area, with a designed annual production capacity of 500,000 units. Ding Ting | Xinhua News Agency | Getty Images
In this article PTON NFLX SPOT SAVE ULCC A Spirit Airlines aircraft takes off at Orlando International Airport. Paul Hennessy | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Frontier Group, Spirit Airlines — Shares of Frontier Group and Spirit Airlines rose in midday trading after the
The Chateau de Chambord, in the Loire Valley region of France. DEA / C. SAPPA | De Agostini | Getty Images France and Italy are home to some of the most storied castles, palaces and grand homes in the world, ranging from Loire Valley chateaux to Sicilian strongholds and French Riviera mansions. Many are available
U.S. stock index futures were little changed during overnight trading Sunday after the S&P posted its best week of 2022, boosted by quarterly earnings reports and a better-than-expected January employment report. Futures contracts tied to the Dow Jones Industrial Average advanced 0.11%. S&P 500 futures were flat, while Nasdaq 100 futures eased 0.1%. The S&P
Ballboys wear gloves while handling warmup basketballs as a precautionary measure prior to an NBA game between the Charlotte Hornets and Atlanta Hawks at State Farm Arena on March 9, 2020 in Atlanta, Georgia. Todd Kirkland | Getty Images U.S. stocks made a ton of money for investors in a decade-long bull market that lasted
A Gopuff location on the Lower East Side of Manhattan across from Stop 1 Deli. Jan. 12, 2022. Hannah Miao | CNBC Grocery delivery start-up Gopuff last fall moved into the ground-floor retail space of a new luxury apartment building on the Lower East Side of Manhattan, across the street from a bodega. “I didn’t
In this article DAL Flight attendants hand out refreshments to a packed Delta Airlines flight traveling from Ronald Regan National Airport to MinneapolisSaint Paul International Airport on Friday, May 21, 2021. Kent Nishimura | Los Angeles Times | Getty Images Delta Air Lines‘ CEO Ed Bastian asked the U.S. Department of Justice to put convicted
In this article SNAP CLX BJ BMY REGN AMZN Check out the companies making headlines before the bell: Regeneron Pharmaceuticals (REGN) – The drugmaker reported adjusted quarterly earnings of $23.72 per share, beating the $18.35 consensus estimate. Revenue also topped the forecast on strong sales of the company’s Covid-19 antibody therapy as well as its