Truist downgrades Generac, says higher interest rates could hurt power generator maker this year
Analyst Jordan Levy downgraded shares to hold from buy, saying shares could fall 14% from Friday’s closing price.
JPMorgan downgrades AutoNation, says car dealer stock is overvalued
The firm said that the whole sector could start to ease as consumers deal with higher inflation and interest rates.
Goldman Sachs upgrades Vir Biotechnology, says shares can more than double post-Covid
The firm said the immunology company will release new flu vaccine data in the year ahead that could drive growth for the biotech stock.
How Biden’s wartime visit to Kyiv came together
Publicly, plans were focused on the trip officials formally announced 10 days ago — that Biden would make a second trip to Poland, Ukraine’s neighbor.
The curious history of the Federal Reserve’s 2% inflation targeting, explained
As the world shifts to a new post-pandemic normal, the inflation targets of central banks across the world have faced new scrutiny.
‘Law & Order: SVU’ actor Richard Belzer dead at age 78
Actor Richard Belzer, best known for his role on “Law & Order: Special Victims Unit,” died at the age of 78 Sunday
Wall Street’s most overbought stocks include General Motors and a pharma stock
CNBC Pro screened for the 10 most overbought and oversold stocks in the S&P 500 using the “relative strength index.”
Ponzi schemers who raised $650 million on cattle, pot profit promises get 6 years in prison
Investors were told by the trio who ran the Ponzi scheme that money placed in cattle and marijuana ventures would produce profits of up to 20% in weeks.
Fed meeting minutes and retail earnings are in focus in the week ahead
Investors will focus on the central bank’s latest meeting minutes next week, along with earnings from major retailers.
Trump seeks to bar evidence of 2 other alleged sexual assaults at rape defamation trial
The writer E. Jean Carroll is just one of many women who have accused former President Donald Trump of sexual assault or misconduct. Trump denies the claims.
