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Consumers increased their expectations for short-term and long-term price increases in April due to higher inflation in fuel and energy as well as home prices, according to a New York Fed survey released Monday.The New York central bank reported in its monthly consumer expectations survey that expectations rose for the one-year and five-year time horizons, as respondents expressed little confidence that the Fed would reach its 2% inflation target anytime soon.On a one-year basis, the forecast rose to 3.3%, up 0.3 percentage points from March and the highest level since November 2023. On a five-year basis, expectations rose 0.2 percentage…

Vadim Buinov | Moment | Getty ImagesWorking parents, guardians, and caregivers know the challenge of striking a delicate balance between work and caregiving responsibilities.From paid parental leave to quality health insurance to equal pay that covers childcare costs, finding an employer that recognizes the special needs of parents is a priority for workers. It has become a matter of fact.With no federal oversight of workplace benefits such as paid leave and long-term care policies, business leaders are being asked to take the initiative.CNBC partner Just Capital examined the policy disclosures of America’s largest companies to find which companies in the…

A number of prominent stocks missed out on this week’s rally and are oversold, but could bounce back eventually. The S&P 500 boasts his 1.8% gain and is poised for a third consecutive week of wins. The Nasdaq Composite and the Dow Jones Industrial Average also maintain a steady upward pace on a weekly basis. Even as the overall market rose this week, certain individual stocks fell sharply. We used the CNBC Pro Stock Screener tool to find the most overbought and oversold stocks on Wall Street based on the 14-day Relative Strength Index (RSI). Stocks with a 14-day RSI…

A healthcare worker prepares to receive the Novavax vaccine as the Netherlands Health Services Agency launches the Novavax vaccination program in The Hague, Netherlands, on March 21, 2022.Patrick van Katwijk | Getty ImagesNovavax On Friday, it announced a multibillion-dollar deal with a French pharmaceutical company. sanofi The two companies are working on jointly commercializing the company’s new coronavirus vaccine starting next year and developing a combination vaccine targeting coronavirus and influenza. Novavax stock soared more than 130% on Friday from its previous closing price of $4.47 per share.Novavax CEO John Jacobs said in an interview with CNBC that the licensing…

The flags of the United States and Germany are hoisted on the table during the bilateral meeting between German Economics Minister Herbeck and U.S. Secretary of State Blinken at the Gendarmenmarkt hotel. Photo: Christoph Soeder/dpa (Photo Credit: Christoph Soeder/picture Alliance via Getty Images)Christoph Soeder/DPA | Picture Alliance | Getty ImagesChina has been Germany’s main trading partner for years, but as this year progresses, the United States appears to be quietly usurping its top spot.Total imports and exports between Germany and the United States reached 63 billion euros ($68 billion) from January to March 2024, according to CNBC calculations. Meanwhile, trade…

This composite image compares former boxers Mike Tyson (left) and Jake Paul (right). Tyson and Paul are scheduled to meet in a July 2024 bout.François Nel | Christian Petersen | Getty ImagesMike Tyson’s return to the boxing ring this summer to fight Jake Paul is already seeing soaring ticket prices and strong bettor interest.The July 20 game will be held at AT&T Stadium in Arlington, Texas and will be streamed worldwide. Netflix, is expected to be the heaviest bet on a boxing match this year. Fans are already lining up for tickets to see former heavyweight champion Tyson, then 58,…

A version of this article first appeared in CNBC’s Inside Wealth newsletter by Robert Frank, a weekly guide for high-net-worth investors and consumers. Sign up to receive future editions directly to your inbox.Major art sales at major auction houses are expected to be lower than last year in May as wealthy buyers and sellers take a break from the frenzied prices of 2021 and 2022.Art auction sales at Christie’s, Sotheby’s and Phillips over the next two weeks are expected to total $1.2 billion, down 18% from a year ago and nearly half of May 2022 sales, according to Art Tactic.This…

People exercise at Planet Fitness on January 8, 2024 in Alexandria, Virginia.Leah Millis | Reutersplanet fitness The company has announced it will increase basic-level membership prices for new customers for the first time since 1998, despite gym operators warning that customers are becoming increasingly cost-conscious.Classic card membership fees will be $15 per month for new members starting this summer. Planet Fitness announced Thursday along with its quarterly earnings report that current members will continue to pay $10 per month “for the duration of their membership.”Tom Fitzgerald, the company’s outgoing chief financial officer, said: “Because the price increases only apply to…

This illustrated photo shows the Warner Bros. Discovery logo displayed on a smartphone screen.Rafael Enrique | SOPA Images | Light Rocket | Getty Imageswarner bros discovery announced its first-quarter results on Thursday, but despite strong performance in its streaming division, both revenue and bottom line fell short of analysts’ expectations.The company’s shares rose 3% on Thursday. Below, see how Warner Bros. Discovery’s performance compares to estimates from analysts surveyed by LSEG.Loss per share: 40 cents versus expected loss of 24 cents Earnings: $9.96 billion versus expected $10.231 billionWarner Bros. Discovery, which owns the streaming service Max, a portfolio of cable…

Check out the companies that are trending in intraday trading. Planet Fitness — Shares rose 5.6% after falling in premarket trading Thursday. Analysts said first-quarter earnings excluding one-time items were 53 cents a share, beating the consensus estimate of 50 cents a share, and EBITDA of $106.3 million, beating expectations of $104.8 million. , comparable sales were 6.2%, higher than the expected 4.2%. ‘ Average estimate from the fact set. Yeti — This drinkware maker soared 12.8% on the back of strong first-quarter financials. Yeti’s revenue was $341.4 million, or 34 cents per share excluding items, compared to the expectations…