CNBC’s Jim Cramer maps out what he’s expecting in stock news next week, including economic data from the U.S. and China, along with earnings reports. The “Mad Money” host is says Amazon and Campbell Soup are worth buying here. Cramer sits down with home decor retailer At Home CEO Lee Bird to hear how the
A woman jogs past a Lululemon retail store. Bloomberg | Getty Images Lululemon on Thursday reported second quarter earnings that topped analysts’ expectations, sending the athletic apparel retailer’s shares up as much as 5% in after-hours trading. The company also hiked its full-year outlook. CEO Calvin McDonald said in a statement he sees “significant runway”
People recover items from a beached boat after Hurricane Dorian September 5, 2019, in Marsh Harbor, Great Abaco. Brendan Smialowski | AFP | Getty Images Damage from Hurricane Dorian in the Caribbean could reach up to $3 billion, a risk firm estimated on Friday. Insurance losses from Hurricane Dorian’s impact on the Caribbean will range
White House economic advisor Larry Kudlow said recent conversations with China “went very well.” “The phone call the night before last with Secretary Mnuchin and Lighthizer and Vice Premier Liu He went very well. That’s important,” Kudlow said Friday on CNBC’s Squawk on the Street. “The phone lines have been open during this period and
Geber86 | Getty Images The cost of care has become so onerous that some people have ditched going to the doctor altogether. To save on health care, a third of people aged 25 to 45 avoided seeing a medical professional, hoping instead that their condition will eventually resolve, according to data from the Nationwide Retirement
Using the new Medicare Plan Finder can be a headache. Getty The new Medicare Plan Finder will be the exclusive source of information for 2020 Part D drug plans and Medicare Advantage plans. According to a CMS promotional video, beneficiaries can create an “online account for a personalized experience.” People approaching age 65 or getting ready to
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column examines whether restricted applications reduce retirement benefits, potential effects of foreign pensions, whether SSA’s benefit estimates include reductions due to the WEP, maximizing widow(er)’s benefits and when during the month
Share to facebook Share to twitter Share to linkedin AFP/Getty Images Topline: WeWork parent firm We Co is considering slashing its share offering by half, which could take the company’s valuation to $20 billion in its anticipated IPO and far below the $47 billion that the fast-growing real estate firm, with hundreds of office-sharing spaces
Kevin Johnson, CEO, Starbucks Scott Mlyn | CNBC CHICAGO — As 12,000 Starbucks store managers from the U.S. and Canada descended on Chicago this week, the coffee chain announced a series of changes coming soon that will affect employees. Starbucks’ Leadership Experience was the first conference for its employees since 2014 and CEO Kevin Johnson’s
DocuSign CEO Dan Springer. Source: DocuSign Shares of enterprise cloud company DocuSign shot up about 19% Friday morning after the company reported better-than-expected revenue and strong guidance. The rally added about $1.5 billion to the company’s market cap, bringing it to $9.6 billion. For its second quarter of 2020, DocuSign reported $236 million in revenue,
Stocks will look to build on their strong recent momentum and reclaim their record highs next week amid a slew of economic data while trade war fears decrease. The S&P 500 is about 2% from an intraday record reached on July 26 after notching back-to-back weekly gains. The broad index is up 1.8% this past
Federal Reserve Chairman Jerome Powell said Friday that the ongoing trade war between China and the U.S. is weighing down companies’ investment decisions. “I think it is the case that uncertainty around trade policy is causing some companies to hold back now on investment,” Powell said in Switzerland. ”We’ve been hearing quite a bit about uncertainty. So
Jill Fromer | E+ | Getty Images While you might feel numb to data breaches due to their increasing frequency, experts say you shouldn’t be indifferent to the possibility of one actually causing you harm. Two years after the announcement of the massive Equifax breach — a cyberattack that compromised the personal information of about
For years, many workers nearing retirement have professed plans to work part-time during retirement. But few retirees have actually continued working part-time. Things are changing. A recent survey of pre-retirees and retirees shows that the gap between planning to work in retirement and doing so has narrowed. I have to confess I was a little
Just because somebody believes things that I find preposterous and even harmful, doesn’t stop me from liking them. That’s the situation with me and Peter Hendrickson, author of Cracking The Code. The view that I find both preposterous and harmful is that the Internal Revenue Code is very narrow in its application and that the IRS
Share to facebook Share to twitter Share to linkedin Kim Kardashian and Kanye West at the 2019 Met Gala. AFP/Getty Images Topline: Kanye West added a sprawling, 9,000-acre ranch located outside Cody, Wyoming to the collection of homes he has with his wife Kim Kardashian, who had said she wanted to move their family there.
Melissa Eamer is currently VP of Sales & Marketing for Amazon Devices. Source: Glossier Glossier, the online beauty brand recently valued at $1.2 billion, has poached a top Amazon exec, Melissa Eamer, to become chief operating officer, CNBC has learned. Eamer ended a 19-year run at Amazon last week. Most recently, she was vice president
Three of Wall Street’s top-performing IPO stocks in 2019 tumbled late on Thursday after the companies’ quarterly results failed to satisfy investors and justify their high valuations. Zoom Video Communications dropped 2% in extended trade, even after the videoconferencing provider’s quarterly results and full-year outlook beat analysts’ expectations. Cybersecurity company Crowdstrike tumbled 8.7% after it
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Dec. 2, 2016. Michael Nagle | Bloomberg | Getty Images Without the temporary hiring of Census workers, the disappointing August jobs report would have been even worse. The federal government hired 25,000 temporary workers in preparation
As U.S. colleges and universities brace for a drop in high-paying Chinese students this fall, one university has discovered a potential hedge: insurance. The University of Illinois’s Gies College of Business and its Grainer College of Engineering took out an insurance policy two years ago to protect the schools from a possible drop in revenue