CNBC’s Jim Cramer on Friday walked investors through next week on Wall Street, highlighting new economic data and the expected unveiling of Apple‘s latest iPhone. He also warned that September is usually a tough month for the market as a whole. “As we head into the next week, keep in mind that we’re stuck in…
US Secretary of the Treasury Scott Bessent speaks as US President Donald Trump signs executive orders in the Oval Office of the White House in Washington, DC on September 5, 2025. Mandel Ngan | Afp | Getty Images U.S. Treasury Secretary Scott Bessent on Friday called for renewed scrutiny of the Federal Reserve, including its…
Tim Cook, chief executive officer of Apple Inc., during the 60th presidential inauguration in the rotunda of the US Capitol in Washington, DC, US, on Monday, Jan. 20, 2025. Bloomberg | Getty Images Technology giant Apple was accused by authors in a lawsuit on Friday of illegally using their copyrighted books to help train its…
Bill Pulte, Director of the Federal Housing Finance Agency, speaking on CNBC’s Squawk Box on Sept. 4th, 2025. CNBC Close relatives of the federal official who has accused a Federal Reserve governor of improperly claiming primary residence on two properties have declared the same status on two homes in two different states, public records show….
Sen. Cynthia Lummis, R-Wyo., arrives in the Capitol for a vote on Wednesday, February 26, 2024. Bill Clark | Cq-roll Call, Inc. | Getty Images The Senate is still ironing out its version of regulatory oversight for crypto and digital assets, but it’s another step closer. Senators on Friday updated the draft of a major…
Another Broadcom earnings report, another breathtaking stock reaction in response. Shares of the AI chipmaker are soaring almost 11% Friday, sending the stock to a fresh all-time high and putting its market capitalization north of $1.5 trillion. The monster move evokes what we saw from Broadcom back in December, when shares flew 24% in a…
Jaque Silva | Nurphoto | Getty Images Anthropic has agreed to pay at least $1.5 billion to settle a class action lawsuit with a group of authors, who claimed the artificial intelligence startup had illegally accessed their books. The company will pay roughly $3,000 per book plus interest, and agreed to destroy the datasets containing…
Wall Street will have to contend with the fallout from the latest jobs data next week, with investors keeping an eye on troubling signals in the bond market. Inflation data is also on deck. Stocks vacillated Friday, with the major averages falling during midday trading after making a move to all-time highs earlier in the…
President Donald Trump’s “big beautiful bill” raised the state and local tax deduction, known as SALT, to $40,000 for 2025. The change comes less than a decade after a cap was placed on this tax break for the first time in its history. Taxpayers who itemize tax breaks can claim the SALT deduction, which includes state and…
Warner Bros. | Universal Studios | Amazon Prime Hollywood is finally leveling up. For decades, studios have tried to capitalize on the financial success and cultural relevance of video games, but it’s only been in the past few years that things have clicked. With the box office achievements of Universal’s “The Super Mario Bros. Movie”…
