Weeks ahead will test retailers’ lofty expectations

Shoppers ascend and descend an escalator at Willow Grove Park Mall in Willow Grove, Pennsylvania, November 14, 2020. Mark McKella | Reuters Is it starting to look a lot like Christmas? Probably not, this year. With 24 days into the big holiday, retailers are hoping consumers will keep spending. Shoppers started buying holiday gifts early … Read more

CEOs and insiders sell a record $69 billion of their stock

CEOs and corporate insiders sold a record $69 billion in stock in 2021, as looming tax increases and rising stock prices encourage many to reap profits. From Microsoft’s Satya Nadella to Jeff Bezos and Elon Musk, CEOs, founders, and insiders have been cashing in their stock at an all-time high. As of Monday, insider sales … Read more

Economic outlook is strong for next 6 months, top CEOs say in survey

A customer holds his purchases while shopping on Black Friday at Fashion Outlets in Chicago in Rosemont, in the greater Chicago area, Illinois, United States, on November 26, 2021. Joel Lerner | Xinhua News Agency | Getty Images Strong consumer demand has fueled a wave of CEO optimism about the economy over the next six … Read more

Cowen picks stock winners for supply chain issues

Trucks deliver a shipping container at RSD Container Yard Services on November 22, 2021 in Salt Lake City, Utah. George Fry | Getty Images The supply chain turmoil is likely to continue over the next year, according to Quinn, so the company picked the stocks that best met the challenge. .

What Jim Cramer is watching in the market Tuesday, including why the selling has returned

Jim Kramer on CNBC’s Halftime Report. Scott Millian | CNBC (This article was first sent to CNBC Investing Club members with Jim Cramer. For real-time updates in your inbox, Subscribe here.) What I’m looking forward to on November 30, 2021: Second thoughts on omicron related to a pessimistic talk by Moderna co-founder Noubar Afeyan to … Read more

5 things to know before the stock market opens Tuesday, Nov. 30

Here are the top news, trends and analysis that investors need to start their trading day 1. Dow futures fell 400 points as Omicron fears resurfaced A trader works on the floor of the New York Stock Exchange (NYSE) at the start of trading Monday after Friday’s sharp decline in global stocks due to fears … Read more

Walmart’s longtime Chief Financial Officer Brett Biggs is leaving company

An exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey. Walmart saw its fourth-quarter profit rise as e-commerce sales surged during the coronavirus pandemic. View Click | Corbis News | Getty Images The retailer announced on Monday that Walmart’s longtime chief financial officer Brett Bigs is leaving the company. … Read more

Shoppers are buying from resale retailers more than ever. Here’s why

Bloomberg | Bloomberg | Getty Images Second-hand retail businesses find success with shoppers who focus on sustainability and hard-to-find items, while avoiding the supply chain stresses that traditional retailers feel. Big retailers like Walmart and Target have focused on keeping prices low, absorbing the rising costs in shipping, labor and materials for shoppers. Other retailers, … Read more

Black Friday shopping in stores drops 28% from pre-pandemic levels

Shoppers carrying bags from various stores stand alongside the start of Black Friday sales at The Outlet Shoppes of the Bluegrass in Simpsonville, Kentucky, November 26, 2021. John Sherry | Reuters Black Friday retail traffic fell 28.3% from 2019 levels as Americans shifted more of their spending online and started shopping earlier in the year, … Read more