Signs are posted at the entrance to a Macy’s store that is set to close at Bay Fair Mall on February 27, 2024 in San Leandro, California. Macy’s announced plans to shutter 150 underperforming stores across the United States. Justin Sullivan | Getty Images News | Getty Images Macy’s hasn’t yet shut the approximately 150 … Read more
Shares of Nvidia are red hot, but Bank of America thinks there’s a slew of other stocks that investors should consider. The firm said these companies have major upside and should be bought now. CNBC Pro combed through BofA’s research to find the most well positioned stocks. They include: Super Micro Computer, Kroger, Burlington, JPMorgan … Read more
Shoppers walk in front of a Kohl’s store in Mount Kisco, New York. Scott Mlyn | CNBC Kohl’s said Tuesday that it’s teaming up with the owner of Babies R Us to bring baby gear, furniture and more to approximately 200 of its stores across the country. The retailer struck a deal with WHP Global, … Read more
CNBC’s Jim Cramer on Friday guided investors through next week’s most important happenings on Wall Street, highlighting Adobe‘s earnings report, as well as ones from Dollar General and Dollar Tree. He also said it’s important to keep an eye on new data scheduled to be released next week that helps measure inflation. “You need to … Read more
My top 10 things to watch on Friday, March 8 1. U.S. job growth topped expectations — with payrolls increasing by 275,000 vs. expectations of growing 198,000 — but the unemployment rate rose to 3.9%. Growth from the previous two months was also revised lower, not nearly as hot as initially reported. Wages flat. 2. … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Powell speaks: Two days of testimony from … Read more
