Business

Your car may be more valuable than what’s in your portfolio. Used auto prices are rising faster than bitcoin and other assets, according to market researcher Jim Bianco. “If you want to know what the best investment you probably had in 2021, it’s that car sitting in your driveway or in that garage,” the Bianco

In this article T DIS CMCSA Ariana DeBose stars as Anita in Steven Spielberg’s new “West Side Story” movie. 20th Century Studios Despite rave reviews, Steven Spielberg’s “West Side Story” has failed to gain traction with audiences at the box office. In its first three weeks in cinemas, the adaption of Leonard Bernstein and Stephen

In this article TSLA T BIIB AAPL NVDA PFE CNBC’s Jim Cramer offered his list of the biggest winners on Wall Street in 2021. The “Mad Money” host also shared his biggest disappointments, as markets head into their final trading days of the year. “As we wrap up 2021, I think it’s the ideal time

CNBC’s Jim Cramer, who is not shy about criticizing SPACs, on Thursday highlighted a trio of stocks that he believes are actually worth owning after completing their reverse mergers with blank-check companies. The “Mad Money” host made a different investment case for each of the three companies: Matterport, Open Lending and Blue Owl Capital. But

Loading chart… Penn National Gaming: “I like Penn National. I liked it low. I liked it high. I think Penn National is a winner. I think that it’s done a lot of good things, and it’s just that gambling has just become a very difficult job. We know those stocks have been in a terrible

International air travel will likely remain sluggish in the near term as uncertainties over the omicron Covid variant linger, according to an aviation analyst. Brendan Sobie, independent analyst at Sobie Aviation, said omicron has hit passenger confidence in “travel right now because things are changing every day.” “The recovery we were hoping we were going

Investors may want to look under the radar for electric vehicle plays in the year ahead, two traders say. With popular stocks such as Tesla and Nikola reaching exorbitant valuations, “we’re trying to play around the edges,” Laffer Tengler Investments’ Nancy Tengler told CNBC’s “Trading Nation” on Thursday. “There’s two ways for investors to nibble

Michael Rubin joined rapper Lil Baby in a scrimmage game that featured the children who attended REFORM Alliance night. Photo: Shareif Ziyadat and Studio 76 Throughout 2021, Fanatics chairman Michael Rubin spent his time bringing his company to an $18 billion e-commerce empire. He took over Major League Baseball’s trading card license, guaranteed $1 billion

Christmas shoppers in London on Dec. 23, 2021. Hasan Esen | Anadolu Agency | Getty Images LONDON — People are far less likely to be admitted to hospital with the omicron Covid variant than the previous delta strain, according to a U.K. government study published Thursday. The U.K. Health Security Agency said individuals with omicron

A traveler wearing a protective mask waits to board a United Airlines flight at San Francisco International Airport, Oct. 15, 2020. David Paul Morris | Bloomberg | Getty Images United Airlines and Delta Air Lines canceled dozens of Christmas Eve flights as Covid hit crews. “The nationwide spike in Omicron cases this week has had

In this article CROX Some investors are not seeing the appeal of Crocs‘ multibillion dollar deal to buy the casual shoemaker Hey Dude. But Crocs Chief Executive Andrew Rees said the retailer sees the chance to expand the Hey Dude brand to new geographies — along the coasts of the United States and throughout the

Huawei Consumer Business Group CEO Richard Yu announced on Dec. 23, 2021, the first car with HarmonyOS will begin deliveries in February 2022. Evelyn Cheng | CNBC BEIJING — Less than a week after Chinese electric car start-up Nio announced its latest competitor to Tesla, Huawei released details on a vehicle with specs it claims

Students queue up for COVID-19 nucleic acid testing at Xi’an Jiaotong University on December 17, 2021 in Xi an, Shaanxi Province of China. Hua Shang Daily | Visual China Group | Getty Images BEIJING — A major city in central China that’s seen a flare-up of Covid-19 cases locked down on Thursday, with local authorities

In this article 6758.T-JP DIS Tom Holland stars as Peter Parker in Marvel’s “Spider-Man: No Way Home.” Disney “Spider-Man: No Way Home” has already smashed domestic box office records, and it is now out to tackle a feat no other film has managed in nearly two years — reaching $1 billion in worldwide ticket sales.

Britain’s Health Secretary Sajid Javid speaks during a press conference at Downing Street on October 20, 2021 in London, England. Toby Melville | WPA Pool | Getty Images News LONDON — The British government has shortened the mandatory Covid-19 self-isolation period in England from 10 days to seven days for those who get negative lateral

Flights are booked. Bags are packed. To cancel Christmas travel plans seems unfathomable at this point. But for many, so does the speed at which the omicron variant is spreading. The highly transmissible Covid-19 variant — which was first detected in late November but has since been detected in nearly 90 countries — is causing

[The stream is slated to start at 2:30 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden is set to deliver a progress report Tuesday on the fight against the coronavirus pandemic as the new and highly contagious omicron variant spreads around the country.

In this article NKLA Trevor Milton CEO of Nikola Massimo Pinca | Reuters Electric truck maker Nikola has agreed to pay the Securities and Exchange Commission $125 million to settle charges that it defrauded investors by misleading them about its products, technical capacity and business prospects. SEC officials said they hoped the penalty would serve

Aeva Technologies: “We are totally against companies that have no earnings. That was the clarion call of what the Fed did. It’s going to knock out some good stocks, I don’t care. I’ve got to be very careful here, so we’re going to say no.” Enterprise Products Partners: “I think it’s a very good company.

A person waits in a queue for a coronavirus disease (COVID-19) test in Times Square as the Omicron coronavirus variant continues to spread in Manhattan, New York City, U.S., December 19, 2021. Andrew Kelly | Reuters Mayor Bill de Blasio on Monday said New York City is experiencing a rapid surge of omicron infections, but