A trader works on the floor of the New York Stock Exchange (NYSE) during morning trading on March 4, 2024 in New York City. Angela Weiss | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more
A box of Kellogg Co. Eggo brand frozen waffles is arranged for a photograph in New York. Tiffany Hagler | Bloomberg | Getty Images Mars will acquire Kellanova for $35.9 billion in cash, tying together some of the largest U.S. candy and snack brands, the companies announced Wednesday. The M&M owner Mars is acquiring the … Read more
A man with a paper bag of groceries looks surprised and upset at a receipt from a supermarket with high prices against the background of an escalator with customers in the shopping center. Elena Perova | Istock | Getty Images Just ahead of the holiday season, Walmart had encouraging news for inflation-weary shoppers: Prices on … Read more
Sixty years after their invention, Pop-Tarts remain beloved by consumers who bought about three billion of them in 2022. “We didn’t realize that this thing was going to go as well as it did,” said 96-year-old Bill Post, who helped develop Pop-Tarts in the early 1960s. “It went beyond any expectations we had.” Post remembers … Read more
In 2023 true diversification killed you. If you chose to buy stocks across a wide swath of sectors —financials, retailers, drugs, foods, utilities, autos, airlines and oils — and your timing wasn’t perfect, you got crushed. If you played by the classic investing rule of not putting all your eggs in one basket, you got … Read more
CNBC’s Jim Cramer on Friday provided insight into next week’s Wall Street happenings. He said he’ll be paying close attention to several quarterly earnings reports, especially from oil and gas companies. He also lauded this week’s market action, saying that next week may not be as strong, but it could still be an opportunity for … Read more