business news

How we play Cramer and the tech pivot in hot industrial stocks

The market is so dominated by technology that it cannot see the forest through the industry. If the talk isn’t about the slowdown in the cloud, it’s about who is pulling out of the now-private Twitter, or how disappointing it was when co-CEO Bret Taylor left Salesforce (CRM). Mark Zuckerberg from Meta Platforms (META) can …

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Stock futures are little changed as traders look ahead to more economic data

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, September 6, 2022. Brendan McDermid | Reuters US stock futures are little changed on Sunday night as investors await more economic data ahead of the Federal Reserve’s December policy meeting. Dow Jones Industrial Average futures fell by 57 …

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US ramps up pressure on Netherlands to fall in line with China chip policy

Netherlands Prime Minister Mark Rutte speaks with US President Joe Biden. The US has been putting pressure on the Netherlands to block exports to China of high-tech semiconductor equipment. The Netherlands is home to ASML, one of the most important companies in the global semiconductor supply chain. Susan Walsh | AFP | Getty Images Washington …

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Tax strategy that could make up for losses – but investors need to act now

Investors may get a wake-up call this winter when it comes to taxes, but it doesn’t have to be that way. According to Ben Slavin of BNY Mellon, it’s a prime time to sell lost investments to curb capital gains. He warns that waiting until January or February may be too late. “A pretty nasty …

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Manufacturing orders from China down 40% in demand collapse

Aerial view of containers sitting stacked at the Qinzhou Port on August 15, 2022 in Qinzhou, Guangxi Zhuang Autonomous Region of China. China News Service | Getty Images US logistics managers are bracing for delays in the delivery of goods from China in early January as a result of canceled sailings of container ships and …

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Delta pilots will receive more than 30% in salary increases under new contract deal

A pilot drives past the windows of the renovated Delta terminal D at New York’s LaGuardia Airport on March 6, 2021. Timothy A. Clary | AFP | Getty Pictures Delta Airlines and the pilots union have reached a preliminary agreement for raises of more than 30% over four years, a milestone agreement that could sharply …

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The difference between this comeback and the market’s last failed bear market bounce

A 17% S & P 500 surge off a new bear-market low in a market drenched in stagflation panic? been there. Such a rally rushing up to the index’s 200-day average alongside retreating bond yields, the Volatility Index cracking below 20 and hopes the Federal Reserve would soon ease up on its tightening? done that. …

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