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Holiday shoppers are turning to Walmart for groceries and gifts, but CEO Doug McMillon said it’s hard to predict how sales will look in the months after the peak shopping season. In an interview with Sara Eisen that aired Wednesday on CNBC’s “Squawk on the Street,” the leader of the …

Shoppers walk with items during Black Friday deals at a Target store in Westbury, New York, U.S., November 24, 2023.  Shannon Stapleton | Reuters After more than a year of dealing with rapid inflation, consumers have become numb to higher prices. But as inflation cools, experts say there are strategies that can …

Sheldon Cooper | LightRocket | Getty Images TikTok parent ByteDance plans to spend up to $5 billion buying back stock, a person familiar with the matter told CNBC, as one of the world’s most valuable startups seeks to give shareholders a chance to cash out of their holdings. ByteDance is …

CNBC’s Jim Cramer on Tuesday said he thinks Wall Street has made some poor decisions when evaluating mega cap stocks. “Look, on any given day, we’re giving, getting these imperfections, these mistakes, these juvenile, uninformed moves,” he said. “To me, it says there are plenty of shareholders who don’t even …

American Airlines planes are seen at gates at LaGuardia Airport ahead of the Thanksgiving holiday, in New York City, U.S., November 21, 2023.  Shannon Stapleton | Reuters Airlines expect record traveler numbers and revenues in 2024 but will continue to be constrained by the high cost of capital and limited …

Ambulances used to transport patients from Gaza via the Rafah crossing are seen on November 22, 2023 in Arish, Egypt.  Ali Moustafa | Getty Images The current conflict in Gaza should provide a wake-up call to politicians in Washington, D.C, according to a former Egyptian foreign minister, who questioned the …

Signet Jewelers CEO Gina Drosos told CNBC’s Jim Cramer on Tuesday that marriage proposals are finally on the rise, years after Covid disrupted typical dating patterns and hurt the company’s business. “We know a lot about dating couples, and so we feel quite confident that our predictions are right, and …

Small cap stocks are undergoing a resurgence, and Goldman Sachs Asset Management is looking to capitalize on it through the exchange-traded fund space. “In the last five weeks, we’ve launched three new active products. Two are the premium income. One, believe it or not, is small cap core,” Brendan McCarthy, …

Reid Hoffman Anjali Sundaram | CNBC Three weeks after OpenAI’s board briefly pushed out CEO Sam Altman without providing a specific reason for its decision, former director Reid Hoffman says he’s still puzzled by what took place and why. “Reading the blog post was like, ‘What’s going on?'” Hoffman, the …

High schools have been buzzing about financial education. The latest “report card” from the Center for Financial Literacy at Champlain College in Burlington, Vermont, shows seven states — Alabama, Iowa, Mississippi, Missouri, Tennessee, Utah and Virginia — made the top grade. They earned an “A” because in those states, high …