Economy

Consumer stocks have been hammered. Here are some opportunities among the casualties

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Consumer stocks have been hammered. Here are some opportunities among the casualties

Brand name consumer stocks have been in a slump. Wall Street sees opportunity to pick some up at bargain prices.

16 days ago

Levi Strauss hikes profit guidance after tariff refunds, but its sales outlook is less optimistic

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Levi Strauss hikes profit guidance after tariff refunds, but its sales outlook is less optimistic

Levi Strauss on Wednesday posted earnings that beat expectations, though it saw benefits from tariff refunds.

16 days ago

Cramer says higher rates are splitting the market in two

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Cramer says higher rates are splitting the market in two

Jim Cramer said higher borrowing costs are splitting the market, putting pressure on credit-sensitive sectors while AI companies remain largely insulated.

16 days ago

Lululemon Poaches Athleta CEO as New Chief Product Officer

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Lululemon Poaches Athleta CEO as New Chief Product Officer

Lululemon announced Wednesday that Athleta CEO Maggie Gauger is joining the company as its chief product officer, a newly created role.

16 days ago

The IRS is paying closer attention to funds that aim to slash taxes. What could be next for investors

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The IRS is paying closer attention to funds that aim to slash taxes. What could be next for investors

'Tax aware' ETFs and an elaborate ETF conversion maneuver aimed at sharply cutting tax liability are in the agency's crosshairs.

16 days ago

America shut out Chinese EVs. Britain welcomed them

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America shut out Chinese EVs. Britain welcomed them

Britain faces a finely balanced choice over whether to follow the EU in imposing tariffs on Chinese EVs.

16 days ago

UK motorists can now see live fuel prices on Google Maps

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UK motorists can now see live fuel prices on Google Maps

Move expected to make pump pricing more transparent and encourage competition after diesel hits record £2 a litre

16 days ago

Barclays sees big haircare gains for this consumer stock as shoppers prioritize self-care

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Barclays sees big haircare gains for this consumer stock as shoppers prioritize self-care

This consumer stock's burgeoning haircare segment is being overlooked despite consumers continuing to splurge on self-care routines, Barclays says.

16 days ago

Japan beer giants raided over suspicions they colluded to set the price of beverages

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Japan beer giants raided over suspicions they colluded to set the price of beverages

Investigators probe Asahi, Kirin, Suntory and Sapporo breweries – which together control more than 90% of Japan’s beer market

16 days ago

Oil gains as Middle East hostilities, potential escalation stoke supply worries

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Oil gains as Middle East hostilities, potential escalation stoke supply worries

President Donald Trump and his national security team have talked about possibly restarting large-scale U.S. military operations in Iran in the coming weeks, NBC News reported.

16 days ago

CNBC Daily Open: Another Fed hike is on the horizon

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CNBC Daily Open: Another Fed hike is on the horizon

Another hike from the U.S. Fed is on the way, after meeting minutes released Wednesday showed officials expect to increase interest rates before year-end.

16 days ago

Thursday's big stock stories: What’s likely to move the market in the next trading session

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Thursday's big stock stories: What’s likely to move the market in the next trading session

The S&P 500 slid from its record on Wednesday as elevated yields weighed on stocks. Tune into CNBC Thursday morning for Skydance's David Ellison and Ynon Kreiz.

16 days ago