[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 …
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[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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[ad_1] Evusheld injection, a new COVID treatment that people can take before becoming symptomatic, in Chicago on Friday, Feb. 4, 2022. Chris Sweda | Tribune News Service | Getty Images The omicron subvariants that have become dominant in recent months present a serious threat to the effectiveness of the new …
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[ad_1] Will Marshall, Co-Founder & CEO of Planet Inc., celebrates his company’s listing on the floor of the New York Stock Exchange (NYSE) in New York City, December 8, 2021. Brendan McDermid | Reuters Satellite imagery and data company Planet reported record third-quarter revenue on Wednesday, forecasting nearly $200 million …
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[ad_1] With the Federal Reserve’s latest rate hike adding half a percentage point to the cost of debt capital and reaching its highest level in 15 years, the majority of small business loans will hit the double-digit interest level for the first time since 2007. The cost of taking out …
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[ad_1] This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting on Nov. 2. Text removed from the November statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red …
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[ad_1] Delta Airlines Embraer ERJ 170-200 flying above Los Angeles International Airport on Oct. 2, 2022 in Los Angeles, California. AaronP/Bauer-Griffin | Gc Images | Getty Images Check out the companies making the biggest moves midday: SoFi Technologies — The fintech stock jumped more than 7% after a filing showed …
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[ad_1] Set more than a decade after the events of the first film, “Avatar: The Way of Water” tells the story of the Sully family. Disney It’s been more than a decade since James Cameron’s “Avatar” shattered box office records. To this day, it remains the highest-grossing title globally, aided …
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[ad_1] Netflix’s series about Prince Harry and Meghan has become the streaming giant’s biggest documentary debut yet. Daniel Leal | Afp | Getty Images Netflix’s documentary series about Britain’s Prince Harry and his wife, Meghan, the Duchess of Sussex, has become the streaming platform’s biggest documentary debut yet. “Harry & …
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[ad_1] Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta jumped 3.8% in the premarket after the airline raised its current quarter forecast and issued an upbeat 2023 outlook, citing robust travel demand. Tesla (TSLA) – Goldman Sachs cut its price target for Tesla …
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