Wholesale egg prices have ‘plunged,’ analyst says — shoppers may soon see some relief

A shopper looks at eggs for sale in a grocery store in the Manhattan borough of New York City, Feb. 25, 2025.Spencer Platt | Getty Images News | Getty ImagesWholesale egg prices have fallen significantly in recent weeks, a dynamic that may soon offer relief for...

Stocks making the biggest moves midday: Intel, Tesla, Affirm, Robinhood and more

Check out the companies making headlines in midday trading: Affirm — The buy now, pay later company saw shares slide 4% after CNBC reported that Swedish fintech firm Klarna will replace Affirm as the exclusive provider of such loans for Walmart . Klarna, which just...

Stocks making the biggest moves premarket: Affirm, Netflix, Incyte, Norwegian Cruise Line and more

Check out the companies making headlines before the bell: Norwegian Cruise Line — Shares of the cruise operator rose 4% on the back of an upgrade from JPMorgan to overweight from neutral. The firm is bullish on the company, citing that its management has indicated no...

Buffett’s Berkshire hikes stakes in five Japanese trading houses to almost 10% each

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024.CNBCWarren Buffett’s love for Japanese stocks grows fonder even as he increasingly sells U.S. equities.The 94-year-old investor’s Berkshire...

China’s retail sales strengthen at the start of the year, industrial output tops expectations

A woman, right, looks at herself on her phone as she and others buy warm winter hats at a vendors shop in the Panjiayuan Market on December 6, 2024 in Beijing, China. Kevin Frayer | Getty ImagesChina’s economy showed a modest pickup for the first two months...

Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial crisis

Treasury Secretary Scott Bessent speaking to CNBC on March 13th, 2025. CNBCTreasury Secretary Scott Bessent said Sunday the Trump administration is focused on preventing a financial crisis that could be the result of massive government spending over the past...

China’s ‘Fab Four’ tech stocks are stealing the spotlight from the U.S.

The difference between Chinese and U.S. stocks is only getting clearer. The S & P 500 fell into correction on Thursday for the first time since 2023 . Meanwhile, the MSCI China index has surged double digits in its best start to a year in history, largely thanks...

Goldman Sachs offers its newest option for downside protection in volatile markets

Goldman Sachs Asset Management is trying to serve more investors looking for downside protection from market turmoil.Bryon Lake helped the firm launch its newest buffer exchange-traded fund this month: the Goldman Sachs U.S. Large Cap Buffer 3 ETF.”I’m an...

Americans lost $5.7 billion to investment scams in 2024, FTC says. Here’s how to protect yourself

South_agency | E+ | Getty ImagesConsumers lost $5.7 billion to investment scams in 2024 — more than in any other type of fraud and up 24% from 2023, according to new data from the Federal Trade Commission.Investment scams generally involve claims that a consumer will...

Stocks making the biggest moves midday: Ulta, Nvidia, Chipotle, Peloton and more

Check out the companies making headlines in midday trading. Rubrik — The data management stock surged 25% after fourth-quarter results surpassed analyst expectations. Rubrik lost 18 cents per share, narrower than the consensus forecast for a loss of 39 cents from...