This market is not the dot-com crash or the financial crisis. Here's how to play it – CNBC

This market is not the dot-com crash or the financial crisis. Here's how to play it – CNBC

This market is not the dot-com crash or the financial crisis. Here’s how to play it  CNBC Stocks crashing? No, but here’s why this bear market feels so painful — and what you can do about it.  MarketWatch The Market Crash Americans Aren’t Seeing  msnNOW Financial Expert Terry Savage Discusses Today’s Stock Market Tumble  WGN News View Full Coverage … Read more

Here’s our plan for Monday after another painful week to own stocks

Here’s our plan for Monday after another painful week to own stocks

Stocks took a beating this week as the Federal Reserve raised interest rates by another 75 basis points, the third consecutive hike of that magnitude. It wasn’t the rate move — which was anticipated by the market — but Fed Chair Jerome Powell’s hawkish comments on Wednesday that hurt stocks. He’s now targeting a rate … Read more

Here’s what Costco is saying about inflation — and a membership fee increase

Here’s what Costco is saying about inflation — and a membership fee increase

As the market obsesses about inflation and what would cause the Fed to step off the gas pedal, it’s worth considering what some companies are saying about it. The view from Costco Wholesale, the warehouse retailer known for its competitive prices, seems as good as any to start. And the comments made by CFO Richard … Read more

FedEx, Costco, Boeing and more

FedEx, Costco, Boeing and more

Check out the companies making headlines before the bell: FedEx (FDX) – FedEx remains on watch this morning after announcing a 6.9% increase in shipping rates and plans to cut another $4 billion in annual costs. FedEx fell 3.2% in the premarket. Costco (COST) – Costco lost 3.3% in the premarket despite reporting better-than-expected profit … Read more

Futures fall following another day of losses after Fed rate hike, sell-offs

Futures fall following another day of losses after Fed rate hike, sell-offs

Stock futures were lower on Friday morning as investors continued reacting to the Fed’s rate hike and concerns over a potential economic downswing. The Nasdaq 100 was down 0.48%. Dow Jones Industrial Average futures fell by 91 points, or 0.3%. S&P 500 futures increased 0.36%. Costco stock was down about 2.6% in extended trading. Although … Read more

Costco's quarterly results indicate the retailer is thriving despite high inflation – CNBC

Costco's quarterly results indicate the retailer is thriving despite high inflation – CNBC

Costco’s quarterly results indicate the retailer is thriving despite high inflation  CNBC Why Did Costco (NASDAQ:COST) Stock Fall after Reporting Q4-2022 Results?  TipRanks Stocks making the biggest moves after hours: Costco, DocuSign, Scholastic  CNBC Why It’s A Bad Day For Costco To Report Q4 Earnings – Costco Wholesale (NASDAQ:COST)  Benzinga View Full Coverage on Google News

My big worry with the Fed and why we’re in a holding pattern

My big worry with the Fed and why we’re in a holding pattern

There’s a broad perception that Federal Reserve Chairman Jerome Powell does not care one whit about corporate news. He’s strictly a creature of broad government economic reports — the consumer price index, the producer price index, industrial production, retail sales and, of course, the nonfarm employment numbers. He also cares about what his fellow Fed … Read more

Fed meeting ahead will decide whether stocks can stabilize or fall back to bear market lows

Fed meeting ahead will decide whether stocks can stabilize or fall back to bear market lows

The Federal Reserve is expected to raise interest rates by another three-quarters of a point Wednesday, but it is what it signals about future rate hikes that will drive markets. The central bank’s two-day meeting Tuesday and Wednesday comes in a week where investors will also be on high alert for more guidance about corporate … Read more

How Powell and the Fed may react to FedEx warning

How Powell and the Fed may react to FedEx warning

CNBC’s Jim Cramer on Friday said that FedEx’s warning of worsening economic conditions suggests the Federal Reserve is doing better in its inflation effort than expected — meaning the central bank could take a step back after its meeting next week. “If Fed chief Jay Powell watched our interview last night … he might discover … Read more

Walmart-owned Sam’s Club raises annual membership fee for first time in 9 years

Walmart-owned Sam’s Club raises annual membership fee for first time in 9 years

A sign hangs outside a Sam’s Club store on January 12, 2018 in Streamwood, Illinois. Scott Olson |Getty Images Walmart-owned Sam’s Club said Wednesday it will raise its annual fees this fall, as the warehouse club’s membership hovers at a record high and inflation-pinched shoppers seek deals on bulk items. Fees will increase to $50 … Read more