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Monthly Archives: January 2023

Cramer says these 6 ‘positives’ could lift stocks in earnings season

CNBC’s Jim Cramer on Monday said that several elements could help propel stocks higher, even during what could be an ugly earnings season. Tuesday kicks off a new earnings season featuring some of the biggest companies in technology, retail and consumer goods. Companies like Microsoft, IBM and ServiceNow are slated …

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Elon Musk says he would have sold SpaceX stock to take Tesla private

Elon Musk speaks near a Falcon 9 rocket during his announcement that Japanese billionaire Yusaku Maezawa will be the first private passenger who will fly around the Moon aboard the SpaceX BFR launch vehicle. DAVID MCNEW | AFP | Getty Images Elon Musk told a San Francisco federal court on Monday …

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Common misconceptions about achieving a perfect credit score

Randy had an 850 credit score. According to FICO, the most popular scoring model, that’s as good as it gets. Still, a line on his credit report said he could lower his utilization rate, so he promptly paid off the remainder of his car loan with one $6,000 payment, and …

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High egg prices due to a ‘collusive scheme’ by suppliers, group claims

Eggs for sale at elevated prices in New York on Jan 21, 2023. Fatih Aktas/Anadolu Agency via Getty Images) Egg prices soared to historically high levels in 2022 — and one group is alleging the trend is due to something more nefarious than simple economics. Across all egg types, consumers …

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Crypto exchange Gemini lays off 10% of workforce

Tyler Winklevoss and Cameron Winklevoss (L-R), co-founders of crypto exchange Gemini, on stage at the Bitcoin 2021 Convention in Miami, Florida. Joe Raedle | Getty Images Crypto exchange Gemini will reduce its headcount by 10%, a spokesperson told CNBC on Monday. It’s at least the third round of cuts in …

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Supreme Court punts on Texas and Florida social media law cases

The Supreme Court of the United States building are seen in Washington D.C., United States on December 28, 2022. Celal Gunes | Anadolu Agency | Getty Images The Supreme Court delayed a decision on whether to take up a pair of cases challenging social media laws in Texas and Florida …

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McDonald’s accidentally gave a customer $5,000 in cash. He returned it

A good Samaritan has gone viral on TikTok after sharing his memorable experience at a McDonald’s drive thru. Josiah Vargas claims he was picking up his breakfast order when he realized that the employee at the window had given him more than he ordered. “I just went to McDonald’s and …

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Generation X carries the most credit card debt, study shows

Maskot | Digitalvision | Getty Images When it comes to credit card debt, Generation X may be struggling the most. The average amount owed by people in that cohort is $7,004, according to a new report from New York Life. That compares with $6,785 for baby boomers, $5,928 for millennials …

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Apple ramped up lobbying spending in 2022, outpacing tech peers

Chief Executive Officer of Apple Tim Cook (L) arrives at the White House to attend a state dinner honoring French President Emmanuel Macron, in Washington, DC, on December 1, 2022. Roberto Schmidt | AFP | Getty Images Apple ramped up its lobbying spending last year, increasing its total for the …

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Amazon Air cargo service launches in India even as company cuts costs

A wide body aircraft emblazoned with Amazon’s Prime logo lands at Lehigh Valley International Airport in Allentown, Pennsylvania, U.S. December 20, 2016. Picture taken December 20, 2016. To match Insight AMAZON.COM-SHIPPING/ REUTERS/Mark Makela REUTERS/Mark Makela Amazon on Monday announced it’s bringing its air cargo operations to India, marking fresh growth …

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