Cox Automotive’s predictions for the U.S. auto industry point to a challenging year ahead.
Markets closed out the first week of 2023 on a high note, as stocks rallied on fresh signs inflation may be easing.
Cramer said that while consumer spending power needs to come down for the Fed to beat inflation, such an outcome will also hurt portfolios.
Last year, SpaceX achieved several new milestones but faced further delays to its Starship program.
The 111-year-old hardware, software and consulting conglomerate is benefiting from changing investor sentiment and a preference for cash over growth.
Stocks rose Friday but were still down for the week as investors continue to worry about a potential recession.
Corporate debt and gold could be strong options for investors in 2023, according to Michael Howell, managing director at CrossBorder Capital.
Electric vehicle maker Lucid Group said it has completed a planned $1.5 billion equity offering.
Rich investors are betting on double-digit declines in stocks next year, according to the CNBC Millionaire Survey.
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