Biden hosts CEOs to discuss holiday shopping supply chain issues, inflation
US President Joe Biden takes part in a roundtable with CEOs and leaders of major retailers, consumer products firms, and grocers to discuss the holiday shopping season in the EOP Library of the White House in Washington, DC on November...
Pending home sales rebounded sharply in October, despite rising mortgage rates
A single family home is shown for sale and in escrow in San Marcos, California. Mike Blake | Reuters Buyers came roaring back to the housing market in October, even as mortgage rates rose. Signed contracts on existing homes, so-called...
Stock futures move higher after Friday’s big sell-off, investors monitor omicron Covid variant
A trader on the floor of the New York Stock Exchange (NYSE), on Thursday, Nov. 18, 2021. Michael Nagle | Bloomberg | Getty Images Stock futures moved higher in overnight trading Sunday following Friday’s big sell-off as investors monitor the...
Travel in 2022: Is it time to plan those big trips abroad?
Reynisfjara is a world-famous black-sand beach located on the south coast of Iceland. Luis Cagiao Photography | Moment | Getty Images Iceland has been a focal point of my wanderlust for the better part of two years. The country is...
The current inflation run is similar to other episodes in history, but with important differences
A customer’s groceries are rung up at a store in San Francisco, California, U.S., on Thursday, Nov. 11, 2021. David Paul Morris | Bloomberg | Getty Images Critical supply chains are choked off. Demand soars. Prices surge and everyone starts...
Stocks making the biggest moves midday: Moderna, United Airlines, Zoom and more
Moderna’s sign is seen outside of their headquarters in Cambridge, MA on March 11, 2021. Boston Globe | Getty Images Check out the companies making headlines in midday trading Friday: United Airlines, American Airlines – Airline stocks were hit hard...
Jim Cramer says it’s too early to buy until we find out whether new variant is spreading in the U.S.
Friday’s sharp decline for stocks, spurred by concerns over a new Covid-19 variant, is not a buying opportunity, according to CNBC’s Jim Cramer. “We’re going to wake up next week and find one [case] in this country, and I’m not...
$46 billion fintech Klarna sees losses quadruple amid surging demand for buy now, pay later
The Klarna logo displayed on a phone screen. Jakub Porzycki | NurPhoto | Getty Images LONDON — Swedish fintech start-up Klarna saw its losses balloon in the first nine months of 2021, as costs increased sharply amid rising demand for...
How climate change is raising the price of your pumpkin pie
As Americans sit down at their Thanksgiving tables, many of the items in front of them will be more expensive than they were last year. Pies in particular. And climate change is a contributing factor. Inflation is hitting every sector...
Shares of Chinese real estate developer Kaisa pop 20% after debt restructuring plan
Kaisa Group Holdings Ltd.’s City Plaza development under construction in Shanghai, China, on Tuesday, Nov. 16, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese real estate developer Kaisa announced Thursday plans for paying back investors, temporarily alleviating...
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