Business

CNBC’s Jim Cramer on Thursday offered investors a list of his favorite e-commerce stocks that have made a comeback since peaking during the height of the pandemic. “Most of the Covid stocks are still in the doghouse — where they belong,” he said, adding, “But some of them have started …

People line up to enter a store during Black Friday shopping at Fashion Outlets of Chicago in Rosemont of Greater Chicago Area, Illinois, the United States, on Nov. 26, 2021. Joel Lerner | Xinhua News Agency | Getty Images Lululemon on Thursday reported sales and profit that topped estimates, but …

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022. Jeenah Moon | Bloomberg | Getty Images CREW’s complaint said Bankman-Fried in his own words admits he …

A Magic: The Gathering card is displayed on a mobile phone during a weekly tournament at the Uncommons hobby shop in New York, U.S., on Thursday, June 27, 2019. Photographer: Mark Abramson/Bloomberg via Getty Images Mark Abramson | Bloomberg | Getty Images Hasbro is defending its strategy for its popular …

Teresa Harding Source: Teresa Harding It took three months for Teresa Harding to open her termination letter. “I couldn’t look at it,” Harding, 47, said. For seven years, she’d worked at a pain management center in Lexington, Kentucky. “I enjoyed my co-workers and our patients. “It was a fun, exciting …

Inflation, geopolitical uncertainty and fears of a recession have undermined financial confidence across the board, according to a new report by Edelman Financial Engines. Less than one-quarter, or 23%, of more than 2,000 adults polled earlier this fall said they felt “very comfortable” about their finances. Fewer — just 12% …

Paramount Global: “Too cheap to believe. … I don’t know where it bottoms, but it sure isn’t close to the top.” Hasbro Inc: “I don’t like the earnings, and I think that Mattel‘s actually cheaper.” Citigroup Inc: “The book value is so different from where the common stock is, the …

CNBC’s Jim Cramer on Wednesday told investors that they should take gloomy economic commentary from bank executives with a grain of salt.  “Don’t panic the next time you hear one of these bank CEOs say something terrifying — they don’t know the impact of their words,” he said, adding, “Sure, …

Offshore wind farm. davee hughes uk | Moment | Getty Images The Biden administration on Wednesday announced more than $757 million in winning bids for its auction of offshore wind development rights in California, marking the third offshore wind lease sale this year and the first ever for the Pacific …

Jennifer Hyman, Rent the Runway  Scott Mlyn | CNBC As some shoppers think twice about purchases, Rent the Runway is getting a bump. The fashion rental and subscription company on Wednesday reported stronger quarterly revenue that beat expectations and raised its financial outlook for the year as customers opted to …