Business

SoFi Technologies Inc: “There was a report that came out earlier this week that said that they are, like many other banks, struggling with the idea that [interest] rates went up really fast, much quicker than they were ready for. I don’t know.” BHP Group Ltd: “Wait a couple of …

CNBC’s Jim Cramer on Wednesday warned investors that stocks could continue to fall — at least in the near future. “I think we have a … period of consolidation, as we get rid of the weak-handed investors. And we certainly wash out those who got carried away and committed personal …

As inflation spiked, Americans in the middle class were particularly hard hit. For them, prices increased faster than their income, according to a September report by the Congressional Budget Office. Households in the lowest and highest income groups saw their income grow faster than prices over the same time period, …

Nelson Peltz David A. Grogan | CNBC Disney directors unanimously rejected activist investor Nelson Peltz’s request to join the board this month, in large part due to his lack of media industry expertise. That would be a stronger argument if Disney’s current board members had ample media and entertainment experience …

The environmental movement’s stance on nuclear power was “wrong” and derailed the sector’s development, according to the filmmaker Oliver Stone. During an interview with CNBC’s Tania Bryer at the World Economic Forum in Davos, Switzerland, Stone — who’s made a new documentary called “Nuclear Now” — was asked where his …

CNBC’s Jim Cramer on Tuesday gave investors a list of stocks he believes fit Americans’ spending habits after navigating the Covid pandemic for the last three years. “The biggest theme is the rise of this ‘life is too short’ mentality. People don’t want to waste their time anymore,” he said. …

Boston Properties Inc: “They are disciplined, they’ve got a good yield, and while I don’t endorse it myself … there’s a good thesis behind it.” Flex Ltd: “My belief is that it’s an inexpensive stock.” Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no cost …

A saguaro-cactus lined road where new homes are being built in in Rio Verde Foothills, Arizona, on January 7, 2023. The Washington Post | Getty Images An Arizona suburb has filed a lawsuit against the city of Scottsdale after the city cut off the community from its municipal water supply …

home is being built in in Rio Verde Foothills, Arizona, U.S. on January 7, 2023. The Washington Post | Getty Images Developers planning to build homes in the desert west of Phoenix don’t have enough groundwater supplies to move forward with their plans, a state modeling report found.  Plans to …

The world’s largest automaker, Toyota, is battling criticism it is behind rivals on electric vehicles, and is even working to try and block the transition to zero-emission electric fleets. But the automaker says it does believe in an all-electric future. It just maintains that future will not reach all of …