Austan Goolsbee, President and CEO of the Federal Reserve Bank of Chicago, speaks to the Economic Club of New York in New York City, U.S., April 10, 2025. Brendan McDermid | Reuters Chicago Federal Reserve President Austan Goolsbee on Friday explained why he voted against this week’s interest rate cut, saying policymakers should have waited…
JPMorgan believes that rising profitability could boost shares of Citigroup . JPMorgan analyst Vivek Juneja upgraded the bank stock to overweight rating from neutral. Juneja’s new December 2026 price target of $124, up from $107, implies that shares could add 11% from Thursday’s close. “Valuation has improved from the lows and improvement in profitability will…
Cases of Pepsi soda are displayed at a Costco Wholesale store on Nov. 13, 2025 in Simi Valley, California. Kevin Carter | Getty Images One of this year’s top food trends is facing some tough competition. Protein captivated consumers and food companies in 2025, but fiber is increasingly stealing the scene as people place an…
Check out the companies making headlines before the bell. Tilray Brands — The cannabis stock surged 28% after The Washington Post reported that the Trump administration was looking to cut federal restrictions on marijuana. The Amplify Alternative Harvest ETF (MJ) also traded 20% higher. Lululemon — The athleisure brand jumped 9.4% after CEO Calvin McDonald…
The stage is set for a big move higher for Boeing as the stars line up in the aircraft maker’s favor, according to Citi. The bank initiated the aerospace and defense stock with a buy rating and a price target of $265. That target signals upside of 32% from Thursday’s close. A broader theme behind…
I didn’t always take online security seriously. I made basic mistakes, like using the same password for all my accounts, logging onto public WiFI networks without a VPN and giving out my email and phone number to anyone who asked. After putting it off for a while, I finally enrolled in Capital One’s CreditWise credit…
Achieving the American Dream doesn’t look the way it used to. Over the years, societal and labor market changes, along with higher prices for everything from health care to higher education, have chipped away at the traditional makeup of the American family, which relied on a singular breadwinner to attain financial security. For starters, fewer…
J-E-T-S… JETS, JETS, JETS! That familiar chant hasn’t been yelled with too much optimism in years for fans of the NFL’s perennial doormat – the New York Jets. However, for fans of the stock market looking for turnaround stories, the US Global Jets ETF (ticker JETS) may give investors a reason to cheer. Transports have…
CNBC’s Jim Cramer on Thursday explained why he thinks high-flying tech stocks Apple, Meta and Tesla have “stalled” recently, with all three up about 10% for the year. After the Federal Reserve made its third consecutive interest rate cut this week, large hedge funds and money managers bought stocks known to benefit from lower rates,…
Do Kwon, a South Korean cryptocurrency executive charged with fraud, stands with his attorney David Patton to plead guilty in front of U.S. District Judge Paul Engelmayer in New York City, New York, U.S., August 12, 2025 in this courtroom sketch. Jane Rosenberg | Reuters Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital…
