CNBC’s Jim Cramer on Friday told investors to steer clear of stocks in the Nasdaq Composite and instead place their bets on names listed in the Dow Jones Industrial Average. “Even though tech has started the new year strong, and it was crazy good today, the charts, as interpreted by …
Read More »New home sales rise for 3rd straight month in December
Sales of new US single-family homes increased for a third straight month in December as mortgage rates continued to decline, offering hope that the struggling housing market was starting to stabilize. New home sales increased 2.3% to a seasonally adjusted annual rate of 616,000 units last month, the Commerce Department said on Thursday. November’s sales pace was …
Read More »Canadian energy company Imperial investing in renewable diesel
1/2 Canadian energy company Imperial said it was investing upwards of $500 million on a facility that can make a type of diesel the industry considers renewable File photo by A.J. Sisco/UPI | License Photo Jan. 26 (UPI) — Canadian petroleum company Imperial said Thursday it would invest half a …
Read More »Southwest Airlines (LUV) earnings Q4 2022
Travelers check in at a Southwest Airlines ticket counter during the busy Christmas holiday season at Orlando International Airport on December 28, 2022 in Orlando, Florida. Paul Hennessy | Anadolu Agency | Getty Images Southwest Airlines said Thursday it expects its holiday meltdown to continue to weigh on its bottom …
Read More »Jim Cramer picks his standout stocks in 4 bull market industries
CNBC’s Jim Cramer on Wednesday offered investors a list of bull markets he’s identified as companies report quarterly financial results. “Now that we are already one-fifth of the way through earnings season, we can start identifying the winners and losers,” he said, adding, “We have some legitimate, sizable bull markets …
Read More »Today’s mortgage rates edge down across all terms
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders, all opinions are our own. Check out the mortgage rates for Jan. …
Read More »Southwest CEO maps out a recovery after holiday meltdown
Passengers lined up by the Southwest Airlines counter at San Francisco International Airport (SFO) in San Francisco, California, United States on December 26, 2022 as Southwest cancels more than 2,800 U.S. flights on Monday amid fierce winter storms. Tayfun Coskun | Anadolu Agency | Getty Images Southwest CEO Bob Jordan’s …
Read More »You Can Buy These New Cars Without Stepping Foot in a Dealership
Photo: Yauhen_D (Shutterstock) As electric vehicles continue to grow in popularity, more and more EV startups are following Telsa’s example of the direct-to-consumer style of sales, cutting out what many consider to be the auto-sales middleman: dealerships. While dealerships offer the customer certain advantages (an array of vehicle options, the …
Read More »China’s Tourist Sites Welcome Huge Holiday Crowds
China’s major tourist sites are seeing a surge in visitors during the Lunar New Year holiday, as domestic tourism gradually revives after three years of coronavirus restrictions. Tickets for popular attractions in the southwestern Sichuan province — including the Sanxingdui Museum and Leshan Giant Buddha — have been sold out …
Read More »From China to Japan, extreme cold is gripping East Asia. Experts say it’s the ‘new norm’
Hong Kong CNN — Tens of millions of people across East Asia braved a severe cold snap Wednesday as subzero temperatures and heavy snow brought travel chaos during the Lunar New Year holiday, with climate experts warning that such extreme weather events had become the “new norm.” South Korea has …
Read More »