Business

Yellow Dog Prod. | Image Bank | Getty Images After a wild final week of a volatile month, it’s becoming increasingly clear that something is spooking investors. That something is the potential for a surge in inflation later this year.  Investors are justifiably concerned that the combination of sustained Fed interest-rate suppression and trillions in

You’d know a chicken nugget if you saw one, right? How about one grown from a single cell, with no animals harmed in the process? Josh Tetrick is betting not. He is trying to win over consumers with his lab-grown chicken bite following the world’s first approval of his company’s cultured chicken in Singapore at the end of 2020.

A medical worker takes care of a newborn baby lying inside an incubator at Jingzhou Maternity & Child Healthcare Hospital on the eve of Chinese New Year, the Year of the Ox, on Feb. 11, 2021 in Jingzhou, Hubei Province of China. Huang Zhigang | Visual China Group | Getty Images BEIJING — China’s decades-old

A key Food and Drug Administration advisory panel on Friday unanimously backed Johnson & Johnson‘s single-shot coronavirus vaccine for emergency use, a critical step paving the way to distribute a third preventative treatment in the U.S. next week. The nonbinding decision, which was adopted 22-0, by the FDA’s Vaccines and Related Biological Products Advisory Committee

Bill Clark | CQ-Roll Call, Inc. | Getty Images A Covid relief bill backed by Democrats could trigger billions of dollars in cuts to Medicare and other federal programs, like ones that support unemployed workers and student-loan borrowers, if it’s ultimately passed. The funding cuts would take effect in 2022 and last for several years.

New England Patriots cornerback Stephon Gilmore (24) stretches during the New England Patriots practice session in Foxborough, MA on Oct. 22, 2020. Barry Chin | Boston Globe | Getty Images Shares of sports betting company DraftKings jumped as much as 3.6% in the premarket trading Friday after the company reported fiscal fourth quarter 2020 earnings

Warren Buffett during an interview with CNBC’s Becky Quick on February 24, 2020. It turned out to be another year during which the billionaire investor shied away from game-changing acquisitions in a pricey market even after a sudden market cash and as his company holds a massive cash balance. Gerald Miller | CNBC This is

Kaylin Marcotte’s quest to wind down after busy workdays led her to start a puzzle business that now has more than $1 million dollars in sales in just over one year. Marcotte used puzzles as her nightly meditation when she was head of marketing and community at news platform theSkimm in 2014. She was completing

Etsy CEO Chad Dickerson and others celebrate their IPO at the Nasdaq exchange, April 16, 2015. Getty Images Check out the companies making headlines in midday trading.  Etsy — Shares of the e-commerce company popped nearly 13% on Friday after beating on the top and bottom lines of its quarterly results. Etsy earned $1.08 per

Dr. Rochelle Walensky, who has been selected to serve as director of the Centers for Disease Control and Prevention speaks during an event at The Queen theater in Wilmington, Del., Tuesday, Dec. 8, 2020. Susan Walsh | AP The decline in Covid-19 cases reported in the U.S. since early January may be flattening, a concerning

Hinterhaus Productions As Congress works to finalize its latest coronavirus relief bill, some American families are poised to receive a financial windfall. Between new $1,400 stimulus checks and an enhanced child tax credit, that could add up to more than $14,000 for some families. “All of the focus has been on the $1,400 when, in

Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Thursday announced that it has struck deals with fast-food giants McDonald’s and Yum Brands, sending shares up 7% in extended trading. The company

Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, December 1, 2020. Susan Walsh | Pool | Reuters Stock investors are trying desperately to interpret what a rise in bond yields means for the stock market. Since February 10th,

For “Shark Tank” investor Kevin O’Leary, making videos on Cameo is a lucrative side hustle. “People ask me all the time about Cameo. It’s my side hustle,” O’Leary, chairman of O’Shares ETFs, tells CNBC Make It. On Cameo, customers can pay for personalized video shout-outs from thousands of celebrities, from Carole Baskin from Netflix’s “Tiger

The Nasdaq’s slump may be just starting. Fundstrat Global Advisors’ Tom Lee sees a major market shift underway in which Big Tech starts to greatly underperform economically sensitive stocks. So, he’s telling investors to double down on epicenter trades, which are positioned to profit as the economy reopens. “A lot of these companies that were

A healthcare worker holds a dose of the Johnson & Johnson vaccine against the COVID-19 coronavirus before administering it to another as South Africa proceeds with its inoculation campaign at the Klerksdorp Hospital on February 18, 2021. Phill Magakoe | AFP | Getty Images The United States stands ready to deliver up to 4 million

Al Drago | Getty Images News | Getty Images The measure, the American Rescue Plan Act of 2021, would pay unemployed workers an extra $400 a week through Aug. 29. Those additional relief payments would raise federal spending by about $163 billion through 2022, according to a cost estimate the Congressional Budget Office issued last

People walk by a CVS Pharmacy store in the Manhattan borough of New York City. Shannon Stapleton | Reuters CVS Health‘s fourth-quarter earnings beat Wall Street’s expectations as its pharmacy sales got a lift from providing Covid-19 testing and vaccines. Shares of the company are up slightly in premarket trading. Here’s what the company reported

Cathy Wood Crystal Mercedes | CNBC Some called it the “Cathie Wood sell-off.”   At the open Tuesday, the top names owned by Ark Investment Management were the biggest decliners in the market.  Shares of Palantir, Tesla, Roku, Square, Paypal, Teladoc, Baidu, Zillow, Shopify and Spotify were all down big, in many cases by double-digits.  All

Mark Cuban became a billionaire just before the dot-com bubble burst. In 1995, Cuban and a friend, Todd Wagner, started an internet radio platform called Broadcast.com. Four years later, Broadcast.com was acquired by Yahoo for $5.7 billion in stock, making Cuban a very wealthy man. Since then, the “Shark Tank” investor and Dallas Mavericks owner

HSBC building in the Canary Wharf district of London, U.K. Leon Neal | AFP | Getty Images HSBC is due to report financial results for 2020 on Tuesday, during which the bank is expected to update investors on its business restructuring plans and whether it would resume dividend payments. Like many of its peers globally,

Erick Vazquez receives the Pfizer vaccine during an event to inoculate about 500 health care workers and adults over the age of 65 against COVID-19 put on by the Labor Community Services, the Los Angeles Federation of Labor and St. Johns Well Child and Family Center coined Labor of Love, in Pico Union, Feb. 13,

By almost every measure, the coronavirus crisis has been devastating for working women. More women work on the front lines and are at a greater risk of contracting Covid-19, putting themselves and their families in jeopardy. They have reported increased anxiety and stress as a direct result of new work routines and concerns about job

Alex Karp, CEO of Palantir arrives ahead of a “Tech For Good” meetup at Hotel Marigny in Paris on May 15, 2019, held to discuss good conduct for technology giants. Bertrand Guay | AFP | Getty Images Palantir reported a loss for the fourth quarter of 2020, while revenue beat analysts’ expectations in its earnings

Adam Jeffery | CNBC After experiencing unusually broad market momentum since November, stocks are overdue for a lengthy pause or a correction. Stock picking will matter from here as the economic reopening determines different winners and losers. According to a team of J.P. Morgan strategists, “it wouldn’t be surprising to witness consolidation” given the current

Anthony Wood David Orrell | CNBC Roku CEO Anthony Wood has sold more than $270 million worth of shares in the company so far this year — that’s more in the first seven weeks of the year than he sold in all of 2020, according to securities filings. All sales were conducted under a pre-determined trading

New York Federal Reserve President John Williams said Friday that high prices for stocks and other assets are justified in light of a growing economy and low interest rate landscape. With stocks pushing to new heights on valuations not seen in decades, and as corporate bond yields plunge, the central bank official said he’s not

People wearing protective masks wait in line to receive a dose of the Pfizer-BioNTech Covid-19 vaccine at a large scale vaccination site in Sacramento, California, on Thursday, Feb. 4, 2021. David Paul Morris | Bloomberg | Getty Images Scientists and health officials told Congress Friday the federal government needs to ramp up its supply of

Sarah Casillas | DigitalVision | Getty Images A new coronavirus relief bill could give millions of Americans $1,400 stimulus checks. Congress is poised to pass the legislation in March, at which point individuals and families could see the money in the following days or weeks. But as negotiations continue, one argument has surfaced: Is the

A worker wearing a protective mask arranges shopping carts outside a Walmart store in Duarte, California, U.S., on Thursday, Nov. 12, 2020. David Swanson | Bloomberg | Getty Images Walmart is set to report its fiscal fourth-quarter earnings before the bell on Thursday. Here’s what Wall Street is expecting: Earnings per share: $1.50 expected, according