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