CNBC’s Jim Cramer offered reasons for Wall Street’s wild reversal Thursday, with the major U.S. stock indexes shaking off steep losses early in the session related to Russia’s invasion of Ukraine and finishing in the green. “We’ve had ages to figure out that Russia would invade Ukraine. Our government has been warning us about this
American Electric Power CEO Nick Akins told CNBC’s Jim Cramer on Thursday that the utility provider feels confident in its cybersecurity defenses. “There’s no question that we’ve been in a heightened sense of security around the resiliency, particularly cyber and physical security. This industry has been obviously working with our government partners for a long
In this article BYND Packages of Beyond Meat Inc.’s plant based meat products, Beyond Burger and Beyond Sausage, are displayed at a supermarket on November 19, 2020 in Katwijk, Netherlands Yuriko Nakao | Getty Images Beyond Meat on Thursday reported a wider-than-expected loss and shrinking revenue for its fourth quarter. Shares of the company fell
The world’s leading private equity firm suggests the U.S. the ultimate safe haven play. According to Blackstone’s Joseph Zidle, it’s largely insulated from the Russia-Ukraine war fallout. “The U.S. is an island of growth,” the firm’s chief investment strategist told CNBC’s “Fast Money” on Thursday. “The U.S. is one of the only major economies in
Klaus Vedfelt | DigitalVision | Getty Images Students who start college in the U.K. next year could still be repaying student loans into their sixties, under new plans announced by the British government on Thursday. The U.K. government announced a number of reforms into university financing on Thursday, which included extending the student loan repayment
Valeriy_G | iStock | Getty Images Married couples have the choice to file taxes jointly or separately every season. While filing together generally pays off, splitting returns may be better in some scenarios, financial experts say. Married filing separately involves two individual returns, each reporting their own income, deductions and credits. And the tax code
You may have heard about new tax reporting rules for businesses using third-party payment apps such as PayPal, Cash App, Venmo, Zelle, etc. This has caused some confusion for app users, but we’re here to help you understand how it will (or won’t) affect your taxes next year. What’s changed? Until this year, payment platforms
A look at food prices which have jumped by 7% over the last year.
In this article WMT The Walmart+ home screen on a laptop computer in Brooklyn, New York on Wednesday, Nov. 18, 2020. Gabby Jones | Bloomberg | Getty Images Walmart is giving customers a new reason to sign up and stick with the subscription service Walmart+: exclusive deals on items from air fryers to exercise bikes.
Marko Geber | DigitalVision | Getty Images U.S. stocks whiplashed Thursday following Russia’s attack on Ukraine as investors fled risk assets and turned towards safe havens such as gold. It can be a difficult time for investors who have been used to seeing markets gain and are now dealing with volatility that comes with global
Refuge of a scoundrel; elder care and hockey tickets; on the flyer; and other highlights of recent tax cases. Grand Rapids, Mich.: Preparer Faheem Olugbodi, a.k.a. Faheem Abdul Nichols and James Moore, 48, was sentenced to 42 months in federal prison after pleading guilty to preparing fraudulent returns from 2011 through 2013. Olugbodi admitted collecting
Maryland National Guard Specialist James Truong (L) administers a Moderna coronavirus vaccine at CASA de Maryland’s Wheaton Welcome Center on May 21, 2021 in Wheaton, Maryland. Chip Somodevilla | Getty Images Senior executives at Moderna on Thursday said Covid-19 is shifting from a pandemic to an endemic phase in some parts of the world, with