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Nearly two-thirds of millennial millionaires believe U.S. economy will be stronger by end of 2022, CNBC survey finds

by adminPosted onJune 24, 2022

Most millennial millionaires feel optimistic about the economy, according to the latest CNBC Millionaire Survey.

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It’s a daunting time for retirees, who face the biggest inflation threat, financial advisors say

by adminPosted onJune 24, 2022

Seniors living on fixed incomes may have a tough time adjusting to rapidly rising costs for consumer goods and services.

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Santoli: The S&P 500’s bounce is set to face its first hurdle to prove it’s more than a snapback

by adminPosted onJune 24, 2022

This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics.

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Investors can learn a lot about inflation and the consumer from Olive Garden operator’s conference call

by adminPosted onJune 24, 2022

The restaurant operator posted top and bottom-line quarterly beats, but inflation could pressure margins as Darden begins a new fiscal year.

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Warren Buffett buys another $500 million of Occidental Petroleum, beefing up energy bet

by adminPosted onJune 24, 2022

Berkshire Hathaway bought more than 9 million additional shares in the energy company over the past week.

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JPMorgan upgrades Funko, says toy stock has upside even as economic growth slows

by adminPosted onJune 24, 2022

JPMorgan pointed to Funko’s “strong content rebound,” diminishing margin headwinds and resiliency in recessionary periods as drivers of its investment thesis.

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Here are Thursday’s biggest analyst calls: Snowflake, Southwest, Apple, Disney, Netflix & more

by adminPosted onJune 24, 2022

Here are the biggest calls on Wall Street on Thursday.

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Tax return backlog is still ‘crushing the IRS’ — and taxpayers — as pileup exceeds 21 million, agency watchdog reports

by adminPosted onJune 24, 2022

The IRS backlog of tax returns has swelled to over 21 million, despite efforts to clear the pileup, according to a watchdog report.

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Tourists are flocking back to Southeast Asia — but the robust recovery is showing signs of cracks

by adminPosted onJune 24, 2022

Southeast Asia is attracting visitors again, but rising costs, hiring troubles and the absence of Chinese tourists may dampen a robust travel recovery.

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Kevin O’Leary reveals 1 important lesson that every young trader needs to learn

by adminPosted onJune 24, 2022

“When I was a young Buckaroo trader, I used margins and I got slaughtered. And I never did it again,” Kevin O’Leary told CNBC’s “Squawk…

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