ig_mastero

here’s what may get more expensive

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Athvisions | E+ | Getty Images Global food prices recently rose to an 18-month high, with some food baskets expected to continue climbing, according to market watchers.  In October, world food commodity prices were at their highest since April 2023, according to the most recent data compiled by the United Nations’ Food and Agriculture Organization. … Read more

South Korea political turmoil, Jerome Powell comments

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Commercial and residential buildings are illuminated at dawn in Seoul, South Korea, on Saturday, Oct. 21, 2023. South Korea has prepared a financial support program of 75.9 trillion won ($56.97 billion) for companies increasing investment in key sectors as well as small businesses struggling with the impact of high interest rates. Bloomberg | Bloomberg | Getty … Read more

Biden ‘last minute spending spree’ on IRA, CHIPS, to get DOGE scrutiny

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Department of Government Efficiency co-lead and former U.S. presidential candidate Vivek Ramaswamy isn’t prepared just yet to reveal his hand when it comes to where the new agency he will run with Elon Musk under President-elect Trump, DOGE, will target spending cuts. But one immediate area of focus where he isn’t holding back is what … Read more

Stock market today: Live updates

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Traders work on the floor of the New York Stock Exchange during morning trading on November 26, 2024 in New York City. Michael M. Santiago | Getty Images U.S. stock futures were relatively unchanged on Wednesday night following a record day for stocks. Futures tied to the Dow Jones Industrial Average fell 16 points, or … Read more

This chip stock could be ready for a catch-up trade with Nvidia, according to the charts

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Technical analysis-based trade ideas can be classified into two main categories – trend following or mean-reverting. Most of the pieces we’ve done over the last year within CNBC Pro profiled trend following strategies – we’ve cited dozens of potential bullish pattern breakouts, and in the bull market we’ve had so far in 2024, those had … Read more

EV tax credit ‘catastrophically stupid’: Incoming Ohio Sen. Moreno

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Republican nominee for U.S. Senate Bernie Moreno addresses supporters at Brecksville Community Center on November 4, 2024 in Brecksville, Ohio.  Stephen Maturen | Getty Images Republican Senator-elect Bernie Moreno, who made his living as a luxury car dealer before running against and defeating Democrat Sherrod Brown in the large manufacturing state of Ohio, said he … Read more

AEO, FIVE, SNPS and more

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Check out the companies making headlines in after-hours trading. American Eagle Outfitters – Shares plunged 12% after the retailer reported weaker-than-expected revenue for the third quarter. For the period, American Eagle posted $1.29 billion in revenue, below the consensus estimate of $1.30 billion, according to LSEG. The retailer also offered a weak holiday outlook and … Read more

Jeff Bezos says he’s optimistic about Trump, will help with reducing regulation

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Amazon founder Jeff Bezos arrives for his meeting with British Prime Minister Boris Johnson at the UK diplomatic residence in New York City, Sept. 20, 2021. Michael M. Santiago | Getty Images News | Getty Images Amazon founder Jeff Bezos spoke optimistically of President-elect Donald Trump Wednesday at The New York Times’ DealBook Summit, saying … Read more