In this article FB CMG Chipotle shares managed to pop double digits Wednesday because of the restaurant chain’s culture, CNBC’s Jim Cramer said. “This company has an extraordinary culture of customer-centric innovation, and that culture has been turbocharged since they hired Brian Nicoll as CEO when Chipotle’s stock was languishing the $200s after a series
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In this article UAL A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019 in Burlingame, California. Justin Sullivan | Getty Images United Airlines on Tuesday reported higher second-quarter revenue and narrowed its losses thanks to a resurgence in air travel, the latest carrier to issue a
A used car dealership is seen in Laurel, Maryland on May 27, 2021, as many car dealerships across the country are running low on new vehicles as a computer chip shortage has caused production at many vehicle manufactures to nearly stop. Jim Watson | AFP | Getty Images True, used-car prices have surged. You may
designer491 | iStock | Getty Images The rollout of the $45 billion in federal rental assistance allocated by Congress has been slow and rocky, but more families are starting to get the relief. Some 290,000 households received the aid in June, up from 160,000 in May and 100,000 in April, according to new figures released
Investors may want to consider putting new money to work in stocks. This recent upheaval is creating significant investment opportunities in cyclical and value stocks, according to Bryn Mawr Trust’s Jeff Mills. “[These areas] of the market that have really been left for dead for the better part of two months is really encouraging to
Online brokerage pioneer Thomas Peterffy told CNBC on Wednesday he’s invested in cryptocurrencies, while still expressing skepticism over the long-term future of the digital asset class. “Even I myself have put a little bit of money into crypto, because even though chances are, I think, that this is not going to be a viable market,
In this article NOV.N-CH The health-care system is still seeing lower rates of diagnoses for certain conditions after the coronavirus pandemic kept non-Covid patients away from the hospital early on, Novartis CEO Vasant Narasimhan told CNBC on Wednesday. “I think the signals that were sent that ultimately asked patients to stay away from the emergency room, stay
In this article JNJ In this photo illustration a Johnson & Johnson logo is seen in front of a medical syringe and a vial with coronavirus vaccine. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Johnson & Johnson said Wednesday it expects to sell $2.5 billion of its Covid-19 vaccine, even as concerns
Getty Images As the market soars and more older workers retire, those sitting on appreciated employer stock in their 401(k) plans may have an opportunity to pay lower taxes on part of that growth. The strategy, known as net unrealized appreciation, or NUA, allows someone to lock in lower capital gains rates rather than paying
LPETTET | iStock | Getty Images About 2.2 million more stimulus checks have gone out over the last six weeks, the government said Wednesday. The latest batch brings the total number of payments disbursed to more than 171 million, with an aggregate value of $400 billion, according to the announcement from the IRS, Treasury Department
Tax policy can influence business decisions in a variety of ways, some more easily influenced than others. One decision that the Tax Cuts and Jobs Act of 2017 impacted is where companies choose to hold their intellectual property (IP). International trade data shows a significant shift of IP assets into the U.S. in 2017. However,
A rally to prevent Massachusetts evictions in front of Boston Housing Court on Oct. 15, 2020. MediaNews Group/Boston Herald via Getty Images | MediaNews Group | Getty Images Biden administration officials urged states and cities on Wednesday to move quickly to get federal assistance out to the millions of households that are behind on rent
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull
A United Airlines Boeing 737-800 and United Airlines A320 Airbus on seen approach to San Francisco International Airport, San Francisco. Louis Nastro | Reuters Shares of United Airlines gained more than 4% on Wednesday morning after the carrier forecast that the rebound in travel demand will continue in the coming months. United reported its sixth
In this article KO A shopper scans a case of Coca-Cola Co. soft drinks at a store in Orem, Utah, U.S., on Tuesday, Feb. 9, 2021. George Frey | Bloomberg | Getty Images Coca-Cola is expected to report its second-quarter results before the bell on Wednesday. Here’s what Wall Street analysts surveyed by Refinitiv are
Christine Lagarde, president of the European Central Bank (ECB), speaks during a live stream video of the central bank’s virtual rate decision news conference. Bloomberg | Bloomberg | Getty Images The European Central Bank’s new inflation target and its possible effects on monetary policy will be the key topic of this week’s meeting in Frankfurt.
Famed contemporary artist Damien Hirst told CNBC on Wednesday he believes in the staying power of nonfungible tokens, or NFTs, the blockchain-based digital collectibles that soared, then sank, in popularity this year. “You look at what’s happening in NFTs, and you can kind of see the galleries disappearing before you see the NFTs disappearing,” Hirst
andresr/Getty Images As demand surges for sustainable funds, it may be difficult for some consumers to identify what to add to their portfolios. Securities and Exchange Commission Chairman Gary Gensler shifted his focus to environmental, social and governance investing, known as ESG, in a recent statement. His team will explore climate- and workplace-related metrics, along
Hundreds of colleges have said the Covid vaccine will be mandatory for fall 2021, and with just weeks left before classes start, not all students are on board. Some are taking their cases to court, others are petitioning. And yet, no college has reversed its policy. Earlier this week, a federal judge upheld Indiana University’s
More and more, larger employers are offering “wellness” programs that can coach people to better manage their money, combining digital tools and a human touch. Soni Kapoor wanted to stay ahead of the game on his personal finances and retirement planning. As the product marketing manager for the Silicon Valley tech firm Synopsys, Mr. Kapoor