Berkeley & Ross Journal - Where Main Street Meets Wall Street

Nuclear fusion powers the Sun.Pierre Longnus | The Image Bank | Getty ImagesResearchers working on a project centered around fusion energy — the process that powers stars — have hailed "record-breaking" results produced by a landmark experiment in the U.K.Engineers and scientists from the EUROfusion consortium were able to produce 59 megajoules of heat energy from fusion across a period of five seconds on Dec. 21, 2021. It surpasses a previous record from 1997, when 22 megajoules of heat energy was generated.The amount of…

Here are the most important news, trends and analysis that investors need to start their trading day:1. Stock futures mixed ahead of key consumer inflation dataTraders on the floor of the NYSE, Feb. 9, 2022.Source: NYSEWall Street's multiday rally may depend on how key inflation data comes in at 8:30 a.m. ET. Ahead of expectations that consumer prices in January will stay at 40-year highs, U.S. stock futures were mixed and the 10-year Treasury yield ticked lower to 1.92%, just under highs back to November 2019. Earnings…

Discovering how much of a car is made in America is remarkably difficult. U.S. law requires that companies disclose information about where cars and their parts are made, but the facts they disclose can be confusing.For example, U.S. auto manufacturing gets lumped in with Canadian labor because the two countries are so deeply intertwined in the supply chain. And parts are sourced from countries all over the world. To add to the confusion, a single line of vehicles can be made in two totally different countries…

Customers leave a Kohl's store on November 12, 2015 in San Rafael, California.Justin Sullivan | Getty Images News | Getty ImagesActivist group Macellum has amplified the pressure on Kohl's as it seeks to take control of the retailer's board by nominating 10 directors.Macellum, led by Jonathan Duskin, has criticized Kohl's for not performing as well as it could in recent years. Last month, it called for the company to consider selling itself.A representative from Kohl's didn't immediately respond to CNBC's request for…

In this photo illustration PepsiCo products are shown on October 05, 2021 in Chicago, Illinois.Scott Olson | Getty ImagesPepsiCo on Thursday beat expectations for fiscal fourth-quarter earnings and revenue, but warned of cost pressures ahead from the rising price of transportation and packaging.Shares rose about 1.5% in premarket trading, despite the company's full-year forecast falling short of analysts' expectations.Here's what the company reported compared with what Wall Street was expecting for the fiscal…

President Joe Biden speaks during a visit to the General Motors Factory ZERO electric vehicle assembly plant, Wednesday, Nov. 17, 2021, in Detroit.Evan Vucci | APThe Biden administration this week rolled out a plan to allocate $5 billion to states to fund electric vehicle chargers over five years, as part of the bipartisan infrastructure package that includes $7.5 billion to build a sprawling network of EV charging stations across the country.The investment is part of the administration's broader agenda to combat…

Medic with face mask.Haris Mulaosmanovic / EyeEm | EyeEm | Getty ImagesAside from the obvious physical impacts of the Covid-19 pandemic, health professionals have told CNBC that many people are struggling with the immense emotional and societal changes it has brought and, what's more, are finding it hard to adapt to a "new normal" now that lockdowns are starting to ease. Many psychologists and psychiatrists have reported an influx in people seeking mental health support during the pandemic, with the unprecedented global…