The S&P 500 and the Nasdaq Composite booked back-to-back losses on Wednesday. Here’s what CNBC TV is watching going into Thursday. Source link
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC’s Sharon Epperson joins ‘Fast Money’ to discuss a new CNBC poll, conducted by SurveyMonkey, examining retirees’ and workers’ views on retirement planning and saving. Source link
The U.S. Department of Education in Washington, D.C.Caroline Brehman | CQ-Roll Call, Inc. | Getty ImagesSeven Republican-led states have sued the U.S. Department of Education to block the Biden administration from carrying out its sweeping new student loan forgiveness plan.In the lawsuit, the states — Alabama, Arkansas, Florida, Georgia, Missouri, North Dakota and Ohio — say the department’s new effort to forgive student debt, like its previous attempts, which were blocked by the courts, is illegal. The states accuse the Biden administration of trying to “unlawfully … mass cancel hundreds of billions of dollars of loans” without approval from Congress…
A group of Amazon delivery drivers hold a labor strike at the DAX7 Amazon Sortation Center in South Gate. The police became involved due to the hold up of Amazon vehicles. Zoe Cranfill | Los Angeles Times | Getty ImagesAmazon should be considered a “joint employer” of some of its contracted delivery drivers, a regional director for the National Labor Relations Board said Wednesday.The NLRB was reviewing two unfair labor practice charges filed in January, concerning Amazon’s treatment of some drivers at an Atlanta warehouse, known as DAT6. While Amazon has long hired third-party drivers to handle its swelling number of…
Australian breaker Rachel “Raygun” Gunn, who quickly became one of the most talked about Olympians at the Paris Games following her performance, said much of the heavy criticism of her skills was due to a lack of knowledge of the sport.“The energy and vitriol that people had was pretty alarming,” Gunn told “The Project,” a show on Australia’s Channel 10 in her first interview since the Olympics.”It was really sad how much hate that it did evoke and a lot of the responses, though, was also due to people not being very familiar with breaking and the diversity of approaches…
The World’s busiest pedestrian crossing© Marco Bottigelli | Moment | Getty ImagesAsia-Pacific markets are mostly set to open lower on Thursday, extending losses as both the S&P 500 and Nasdaq Composite slipped for a second straight day.”Investors are a bit on edge; it’s a low-conviction trade. Everyone’s waiting for this Friday employment report, and until then, we’re in a bit of a holding pattern.” Keith Lerner, co-chief investment officer at commercial bank Truist said.Investors in Asia are assessing July pay data out of Japan, which could provide a clue to the Bank of Japan’s monetary policy moves.Average monthly cash earnings…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email”Fast Money” is America’s post-market show. Hosted by Melissa Lee and a roundtable of top traders, “Fast Money” breaks through the noise of the day, to bring you the actionable news that matters most to investors. Source link
While the market’s Tuesday sell-off left much to be desired, one typically overlooked corner reached new heights. Despite ending the session modestly down, the SPDR S & P Dividend ETF (SDY) touched a new all-time high on Tuesday. It was able to sidestep a lot of the selling pressure faced by the S & P 500 , which slid more than 2%. The broad market index also wobbled during Wednesday’s session. This fund tracks the S & P High Yield Dividend Aristocrats Index, which is made up of companies that have raised their dividend for at least 20 years in…
After the Añejo tequila from the night before had worn off, Aaron Rodgers asked Packers assistant director of communications Tom Fanning for Jordan Love’s cell phone number.Rodgers was driving home in Southern California from a workout the morning after the first round of the 2020 NFL Draft. Before he entered an area without service, he stopped on the side of the road to call his newest teammate.Brett Favre infamously said his contract didn’t mandate mentoring Rodgers, the 2005 first-round pick who sat behind Favre for three years. For all Love knew, he’d get the same cold shoulder.Love didn’t want to…
The final trades of the day with the Fast Money traders. Source link
