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Markets

Jim Cramer says Vornado’s double upgrade signals city real estate back

by Akin Smith
Jim Cramer says Vornado’s double upgrade signals city real estate back

Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Lowe’s : The home improvement retailer beat on earnings but missed on revenues. …

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Who is Mike Lynch, UK tech entrepreneur missing in superyacht sinking?

by Walter Watson
Who is Mike Lynch, UK tech entrepreneur missing in superyacht sinking?

Mike Lynch, 59, is the founder of enterprise software firm Autonomy. He was acquitted of fraud charges in June after defending himself in a trial over allegations that he artificially …

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Wall Street little changed as investors await Fed cues

by Anas Siddiqui
Wall Street little changed as investors await Fed cues

Wall Street’s main indexes are muted as investors await clues on a September interest rate cut from the minutes of the Federal Reserve’s latest meeting and a symposium at Jackson …

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BHP in discussions with Indonesian government on nickel: Reports

by Ron Morgan
BHP in discussions with Indonesian government on nickel: Reports

Mining giant BHP is reportedly in discussions with the Indonesian government about the southeast Asian nation’s sprawling nickel industry as it shutters its own vast nickel operations in WA. Meidy …

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Property developer Dexus posts $1.5bn loss, real estate mutes ASX gains

by Anas Siddiqui
Property developer Dexus posts .5bn loss, real estate mutes ASX gains

The Australian materials sector has snapped a six-day losing streak on the back of bargain-hunting in the big miners. The ASX200 closed at its highest mark since August 1 on …

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BHP in discussions with Indonesian government on nickel: Reports

by Walter Watson
BHP in discussions with Indonesian government on nickel: Reports

Mining giant BHP is reportedly in discussions with the Indonesian government about investment opportunities in the country’s sprawling nickel industry despite shutting down nickel operations in WA. Meidy Katrin Lengkey, …

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Wall Street extends winning run

by Walter Watson
Wall Street extends winning run

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our …

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Alaska Airlines and Hawaiian Airlines merger clears Justice Department hurdle, now faces DOT

by Franz Hernandez
Alaska Airlines and Hawaiian Airlines merger clears Justice Department hurdle, now faces DOT

Alaska and Hawaiian Airlines planes takeoff at the same time from San Francisco International Airport (SFO) in San Francisco, California, United States on June 21, 2023. Tayfun Coskun | Anadolu …

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Kathmandu owner KMD Brands and Baby Bunting still feeling sting of consumer pullback

by Anas Siddiqui
Kathmandu owner KMD Brands and Baby Bunting still feeling sting of consumer pullback

The latest financial reports from two listed retailers on Tuesday show the pullback in consumer spending is far from over as soaring living costs crunch households. Infant retailer Baby Bunting …

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Aussie shares reclaim 8,000 mark, set to extend streak

by Anas Siddiqui
Aussie shares reclaim 8,000 mark, set to extend streak

The Australian share market has reclaimed a crucial level in morning trade, looking to tie its best winning streak of the year amid a wave of optimism about the economic …

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