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5 things to know before the stock market opens Friday, December 16

Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 14, 2022.  Andrew Kelly | Reuters Here are the most important news items that investors need to start their trading day: 1. Desperately seeking Santa Ho ho ho? More like, no …

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How this millennial CEO steered Serum Institute of India during Covid

Adar Poonawalla became the CEO of the world’s largest vaccine manufacturer, Serum Institute of India, when he was 30 years old. | Bloomberg | Getty Images Adar Poonawalla became the CEO of the world’s largest vaccine manufacturer, Serum Institute of India, when he was 30 years old. But that was …

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You can pick up some shares of IBM on Friday

Oshkosh Corp: “I think it’s a slow grower. Could be real interesting, though.” Incyte Corp: “Very, very fine drug company. I’ve always liked it.” Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no cost to help you build long-term wealth and invest smarter.

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Jim Cramer recommends these 5 health care stocks in 2023

CNBC’s Jim Cramer on Thursday presented investors with a roster of health care stocks that should be on their shopping lists for next year. “Wall Street likes profitable companies with consistent results, nice dividends and reasonably valued stocks,” he said, adding, “The biggest [health care] winners were boring, consistent operators …

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Home flipping profits drop at fastest pace in over a decade

As the housing market cools quickly, house flippers are finding it harder to make fast profits. In the third quarter, gross flipping profit, which is the difference between the median purchase price paid by investors and the median resale price, dropped to $62,000, according to ATTOM, a real estate data …

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Where Walmart CEO expects inflation to stick around in 2023

Retail sales slumped on Thursday even though the latest data on consumer prices earlier this week showed a cooling. Walmart CEO Doug McMillon says the retail giant is managing for inflation and a slowdown in consumer demand that extends into 2023, and the economic conditions are changing what shoppers will …

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How to know if your workplace group disability insurance is enough

Tommaso79 | Istock | Getty Images If you’ve opted into your company’s group disability insurance plan, you may assume there’s sufficient income protection if you can’t work due to illness or injury. But experts say your workplace coverage may not be enough.   John Ryan, founder and CEO of Ryan Insurance …

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American Airlines frequent flyer reward changes make it harder to earn

American airlines planes are seen at San Francisco International Airport (SFO) in San Francisco, California, United States on September 15, 2022. Tayfun Toskun | Anadolu Agency | Getty Images Members of American Airlines‘ loyalty program will have to spend more to earn elite status next year, part of a slew …

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‘Phantom’ is closing in April, meet some of its longtime employees

After more than three decades, “The Phantom of the Opera” is getting ready to hang up its mask on Broadway. The Andrew Lloyd Webber musical has played to over 145 million people worldwide in 41 countries, 183 cities, and in 17 languages — and it has received 70 major theater …

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I wouldn’t buy World Wrestling Entertainment at this level

Cleveland-Cliffs Inc: “I think the numbers may be too high in Cliffs. The numbers may be too low in Nucor.” Disclaimer: Cramer’s Charitable Trust owns shares of Danaher. Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no cost to help you build long-term wealth and …

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