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Monthly Archives: December 2022

Jim Cramer says he likes these 3 industrial stocks heading into 2023

CNBC’s Jim Cramer on Friday identified three industrial stocks that he believes are worth owning next year, saying he expects them to outperform the sector’s top performers in 2022. The best-performing industrial stocks in the S&P 500 so far this year have been Northrop Grumman, Lockheed Martin and Deere — …

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Earnings, data should give clues on Fed moves

CNBC’s Jim Cramer on Friday looked ahead to next week’s earnings and economic data calendar, which will provide fresh insights on Wall Street’s primary worry: whether the Federal Reserve’s interest rate-hiking campaign will tip the U.S. into a recession. “We want the Fed to talk a big game, without needing …

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Binance’s native BNB token plunges to lowest since July

Binance’s Co-founder & CEO Changpeng Zhao has given several interviews discussing the outlook for cryptocurrency following a turbulent couple of weeks in the market. NurPhoto / Contributor / Getty Images Over a month after the collapse of FTX, investor concern over crypto exchange Binance isn’t fading. Binance’s native token, BNB, …

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What student loan borrowers need to know about the payment pause

West | Istock | Getty Images The Biden administration’s most recent announcement that the pause on federal student loan bills would be extended left borrowers with more uncertainty: It didn’t provide a date for when the payments would resume. The pandemic-era relief policy suspending federal student loan bills and the …

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How to handle 1099-Ks for personal Venmo or PayPal payments

AsiaVision | E+ | Getty Images As the tax season approaches, many Americans are bracing for a new reporting change for third-party payment networks like Venmo or PayPal.   Starting in 2022, you’ll receive Form 1099-K, which reports income to the IRS, for business payments over $600. But experts say it’s …

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Bill Gates-backed nuclear demonstration delayed by at least 2 years

An artist rendering of the advanced nuclear power reactor demonstration project that Bill Gates’ nuclear innovation company, TerraPower, plans to build in the frontier-era coal town, Kemmerer, Wyoming. Rendering courtesy TerraPower TerraPower’s advanced reactor demonstration will face delays of at least two years because its only source of fuel was …

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Tyson Foods stock slips to lowest levels since November 2020

A package of Tyson Foods Inc. chicken is arranged for a photograph in Tiskilwa, Illinois. Daniel Acker | Bloomberg | Getty Images Tyson Foods hit a 52-week low on Friday in a third-straight down day, a sign that investors are losing confidence in the company amid growing margin pressure and …

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The Way of Water’ makes $17 million in Thursday previews

James Cameron’s “Avatar: The Way of Water” snared $17 million during its Thursday night previews on its way towards a $175 million opening weekend. The number itself is not particularly remarkable compared to other cinematic releases this year, but the percentage of tickets that were sold for 3D and premium …

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Some Medicare enrollees getting new ID numbers due to data breach

miodrag ignjatovic | E+ | Getty Images Up to 254,000 Medicare beneficiaries’ personal information may have been compromised in an online ransomware attack at a government subcontractor, officials warned this week. Letters are being sent to the beneficiaries who were impacted by the potential data breach, said the Centers for …

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88% of employers offer a Roth 401(k). How to take advantage

Maskot | Maskot | Getty Images The ranks of employers offering a Roth savings option to 401(k) investors continue to grow, giving more workers access to its unique financial benefits. About 88% of 401(k) plans allowed employees to save in a Roth account in 2021, up from 86% in 2020 …

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