Here’s where the jobs will be during the rolling recessions
A Now Hiring sign is seen inside a WholeFoods store in New York City. Adam Jeffery | CNBC Recession-like conditions rolling through the U.S. economy are likely to cause more…
Morgan Stanley downgrades Affirm, says the payment firm’s offerings are too narrow for its ambitions
It’s time to step to the sidelines on Affirm following its disappointing earnings results this week, according to Morgan Stanley. Analyst James Faucette downgraded the online payments stock to equal…
Vita Coco wants its coconut water to be your cocktail mixer — and your hangover cure
Vita Coco water. Tim P. Whitby | Getty Images For nearly two decades, Vita Coco has sold its coconut water to health-conscious consumers as a fresh way to hydrate. This…
Analysts bail on Lyft after latest earnings, say Uber is cementing its place as leader
Wall Street analysts say Lyft has no excuses for its poor guidance. Lyft shares fell more than 30% during Friday premarket trading as traders weighed a weaker-than-expected forecast from the…
Elon Musk’s Neuralink is under investigation for possible unsafe transport of contaminated hardware
Elon Musk’s brain-computer interface company Neuralink is being investigated by the U.S. Department of Transportation for allegedly packaging and transporting contaminated hardware in an unsafe manner, a DOT spokesperson confirmed…
Nonprofit Making of Black Angels focuses on education to change the face of angel investing
As a young physician, Dr. Elizabeth Clayborne saw a need for a better way to stop nosebleeds, a common condition she saw at the hospital where she worked, especially among…
Stifel upgrades VF Corp after dividend cut, says apparel stock is at an attractive entry point
It’s time to consider shares of VF Corp . after its recent dividend cut, according to Stifel. Analyst Jim Duffy upgraded VF Corp. shares to buy from hold, saying the…
These are the most overbought and oversold stocks on Wall Street right now
For traders, one widely-used metric can help participants separate the most overbought, and oversold, stocks on Wall Street right now. The “relative strength index” measures the speed and magnitude of…
Goldman sees big layoff announcements as ‘a ripple, not a wave’
The rash of large layoffs at tech companies are not representative of a major breach in the labor market, according to Goldman Sachs. Recent headlines around companies such as Yahoo,…
Here’s what’s happening with home prices as mortgage rates fall
An aerial view from a drone shows homes in a neighborhood on January 26, 2021 in Miramar, Florida. According to two separate indices existing home prices rose to the highest…