News
Cereal is still a breakfast staple for many Americans. The quick and easy meal was among America’s top 10 breakfast foods in 2019, according to a survey conducted by OnePoll in collaboration with Dave’s Killer Bread.Nutritionists highly recommend starting your morning with foods that will keep you energized throughout the…
There was a good deal of divergence this week as higher bond yields on a hotter-than-expected reading on manufacturing activity slammed the economically sensitive Dow Jones Industrial Average , while an incredible quarter from Nvidia powered the Nasdaq . The S & P 500 , which leans more tech than…
Market Environment Major global equity markets showed strength throughout the first quarter of 2024. The U.S. and Europe were aided by excitement surrounding artificial intelligence, encouraging economic data and investor expectations for rate cuts from central banks this calendar year. During the quarter, U.S. equity markets reached new highs and…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Wall Street was bouncing higher Friday after, as Jim Cramer put it, a “really bad day” in the prior session. Thursday’s late-day decline happened…
Documentary filmmaker Morgan Spurlock, an Oscar nominee whose most famous work skewered American food and diets and who notably ate only at McDonald’s for a month to illustrate the dangers of a fast-food diet, has died. He was 53.Spurlock died Thursday in New York from complications of cancer, according to…
A Very Long Hill ‘The Purchase of Manhattan Island by Peter Minuit, 1626’ by Alfred Fredericks.In 1626, so the story goes, the native Lenape people sold the island of Manhattan, to the Dutch East India Company for 60 guilders worth of trinkets, the supposed equivalent of $24. A famously bad…
Nvidia shares jumped more than 10% Thursday after the company topped Wall Street estimates and showed that there’s still ferocious demand for its artificial intelligence chips. The company’s data center revenue grew by a whopping 427% during the quarter.First-quarter revenue came in higher than expected at $26.04 billion compared to…
The U.S. Department of Justice is suing to break up Live Nation, the parent company of Ticketmaster, over alleged antitrust violations.The lawsuit, joined by 30 states and filed Thursday, follows a DOJ investigation into whether Live Nation maintains a monopoly in the ticketing industry, a probe launched in 2022 and…
In March 2023, the AIER Business Conditions Monthly Leading Indicator fell to its lowest level in five months, and the Lagging Indicator declined for a third consecutive month. The Roughly Coincident Indicator, meanwhile, rose to its highest reading since September 2023. Respectively, the index levels for March were 58 for…
The U.K. Prime Minister Rishi Sunak is set to call for a general election to take place on July 4, according to reports from Sky News.It comes as data from the Office for National Statistics showed on Wednesday that U.K. inflation dropped to 2.3% in April, nearing the Bank of…