By Robert Carnell After a good start, inflation is now going back up Much like the Federal Reserve, expectations for easing from the Reserve Bank of Australia (RBA) were strong at the beginning of this year. But after an initially impressive decline from the 8.4% year-on-year December 2022 peak, progress…

We are buying 125 shares of DuPont at roughly $80 and selling 85 shares of Honeywell at roughly $210.74. Following the trades, Jim Cramer’s Charitable Trust will own 1,025 shares of DD, increasing its weighting to 2.50% from 2.20%, and 500 shares of Honeywell, decreasing its weighting to 3.25% from…

The unemployment rate for white Americans held steady from April to May, bucking the trend for all other racial groups, according to data released Friday by the Labor Department.White unemployment remained at 3.5% last month, making the demographic group the only one who didn’t experience a rise in jobless rates…

By James Knightley A tale of two surveys US May non-farm payrolls came in at 272k versus the 180k consensus and higher than any of the 77 forecasts submitted to Bloomberg – the range was 120-258k. Private payrolls rose 229k versus the 165k consensus expectation. There were 15k of downward…

The race to the $25,000 EV in the U.S. car market has been won, but not in the way the auto industry wanted.Since January, Hertz Global Holdings has been in Tesla sales mode, with 20,000 electric vehicles from its global fleet, representing nearly a third of the rental-car company’s existing…

Eighty years ago, the Allied forces stormed the beaches of Normandy, France, during World War II on what would be known as D-Day. The surprise invasion ultimately led to the liberation of Nazi-occupied Europe and the end of the war itself just over a year later.Heads of state from around…

It has been just over six months since our last look at Fulgent Genetics, Inc. (NASDAQ:FLGT). This diagnostic company, like so many others in the space, is navigating through a rough patch triggered by Covid going from being a pandemic to being endemic. The company fortunately has a rock-solid balance…

The Federal Trade Commission is preparing an antitrust lawsuit against the largest U.S. alcohol distributor, Southern Glazer’s Wine and Spirits, two sources familiar with the matter tell CNBC. The suit could be filed in a matter of weeks.The FTC’s case is not yet finalized. But one source said the commission…

Boeing launched its first Starliner flight with astronauts on Wednesday, beginning a crucial final flight test of the long-delayed spacecraft.The launch took off at 10:52 a.m. ET from Cape Canaveral, Florida, with two NASA astronauts aboard. Starliner is carried by a United Launch Alliance Atlas V rocket and is bound…

Campbell Soup Company (NYSE:CPB) Q3 2024 Earnings Call Transcript June 5, 2024 8:00 AM ET Company Participants Rebecca Gardy – Chief IR OfficerMark Clouse – CEOCarrie Anderson – CFO Conference Call Participants Andrew Lazar – BarclaysJim Salera – StephensDavid Palmer – Evercore ISIPeter Galbo – Bank of AmericaNik Modi -…