[ad_1] A weakening macro environment could weigh on Marriott International in the months ahead, according to Barclays. Analyst Brandt Montour downgraded shares to equal weight from overweight, citing the lodging stock’s current trading price, which is now in line with Barclays’ target. “In 2022, we justified our OW based on …
Read More »5 things to know before the stock market opens Thursday, December 16
[ad_1] Federal Reserve Board Chairman Jerome Powell leaves after a news conference following the announcement that the Federal Reserve raised interest rates by half a percentage point, at the Federal Reserve Building in Washington, December 14, 2022. Evelyn Hockstein | Reuters Here are the most important news items that investors …
Read More »Prince says William screamed at him in Netflix Harry & Meghan doc
[ad_1] IN Netflix’s “Harry & Meghan” documentary, Prince Harry recalls being screamed and shouted at by his brother, William, the Prince of Wales, during a family summit. Chris Jackson | Chris Jackson Collection | Getty Images Prince Harry has described the terror of being shouted at by his brother, Prince …
Read More »Biden administration makes at-home Covid tests available for free again this winter
[ad_1] Take home COVID-19 self testing kits provided by the District of Columbia government, which provides city residents four free take home tests per day, are seen in this illustration taken January 11, 2022. Evelyn Hockstein | Reuters The Biden administration is making rapid Covid tests available for free again …
Read More »China’s reopening brings both risks and opportunities: ADB
[ad_1] China’s reopening could bring opportunities as well as risks to its economy, Albert Park, chief economist at the Asian Development Bank told CNBC. Although the lifting of Covid restrictions in China would boost growth prospects for the country and other economies, it could also lead to an increase in …
Read More »Who had it good — and who had it bad — in 2022
[ad_1] Police officers step into the vandalized gateway to Sri Lanka’s presidential palace in July. The country has been hit hard by an economic crisis. Abhishek Chinnappa | Getty Images News | Getty Images Curtis S. Chin, a former U.S. ambassador to the Asian Development Bank, is managing director of …
Read More »Goldman names 3 stocks that could profit from efforts to go green
[ad_1] Investing in sustainability is often a matter of ethics — but it need not come at the expense of profit. In fact, some companies doing more of that are showing “attractive corporate returns,” according to Goldman Sachs. And the investment bank said it believes they will attract more investors. …
Read More »I wouldn’t buy World Wrestling Entertainment at this level
[ad_1] Cleveland-Cliffs Inc: “I think the numbers may be too high in Cliffs. The numbers may be too low in Nucor.” Disclaimer: Cramer’s Charitable Trust owns shares of Danaher. Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no cost to help you build long-term wealth …
Read More »Jim Cramer says he likes these 5 consumer staple stocks in 2023
[ad_1] CNBC’s Jim Cramer on Wednesday recommended a slate of consumer staple stocks for 2023. “I’m not entirely convinced that we’re headed for a recession next year, but we’re definitely looking [at] a meaningful slowdown, and that’s terrific for the consumer staples,” he said. The Fed raised interest rates by …
Read More »Investors bolting from after Fed speech are too hasty, Jim Cramer says
[ad_1] CNBC’s Jim Cramer on Wednesday said that investors exiting the market after Federal Reserve Chair Jerome Powell’s hawkish speech on Wednesday are acting too rashly. “I have no doubt there will be more people bolting from stocks tomorrow morning, believing they’ve been given a tremendous opportunity to get out …
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