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The stock market typically cools off in October following a really strong third quarter, but any weakness could prove to be a potential buying opportunity for year-end, according to Piper Sandler. Stocks are off to a rocky start this month, after an escalation of conflict in the Middle East, a port strike in the U.S., … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jared Woodard, BofA Securities head of research investment committee and ETF strategy, joins CNBC’s ‘The Exchange’ to discuss the economic impact of China’s new stimulus, why he thinks it is risky to trade in the country right now, and more. Source link
Chipotle President Jack Hartung said that California consumers are spending less because of inflation – and insisted that its price hikes after the state’s new $20 minimum wage went into effect wasn’t a factor for a drop in sales. “I think it’s more of a macro resistance to inflation in general and in California,” Hartung … Read more
For a decade, Elon Musk has championed the idea that one day Tesla cars will drive themselves as robotaxis. Next week, the company will unveil the design of its autonomous cabs. Despite years of bold predictions and missed deadlines, fans of the company are holding out hope that Musk will finally deliver at an Oct. … Read more
KANSAS CITY, Mo. – Patrick Mahomes has been through self-described slumps before, including last year, when the Chiefs struggled so mightily late in the season that some were calling them a long shot to win another Super Bowl title. Then the two-time league MVP played his best football in the postseason and they won a … Read more
Mario Tama | Getty Images News | Getty Images President Joe Biden and his administration are sticking to their position of not invoking the Taft-Hartley Act to force International Longshoremen’s Association dock workers back on the job at East and Gulf coast ports where a strike is hitting day two on Wednesday, a political decision … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Power Lunch Bob McNally, Rapidan Energy Group founder, joins ‘Power Lunch’ to discuss the tension in the Middle East impact on oil stocks. 03:39 3 minutes ago Source link
NEW YORK — The massive port workers’ strike that has crippled all the major dockyards on the Eastern seaboard of the U.S. is highlighting a fear held by many workers: Eventually, we will all be replaced by machines. The International Longshoremen’s Association, which represents the approximately 45,000 dock workers who walked off the job Tuesday, … Read more
You think it’s easy watching four postseason baseball games in one day so you don’t have to? You think it’s no big deal to stay laser focused when three of those games are going on at the same time and also … the bases are loaded in the ninth in one of them? You think the human … Read more
China is marking the 75th year of Communist Party rule. No festivities have been announced for the anniversary, save for a flag-raising ceremony and an honor guard march. Russian President Vladimir Putin congratulated Chinese head of state Xi Jinping on the anniversary, noting that Russia was the first country to recognize the People’s Republic of … Read more