UNITED STATES – JULY 29: From left, Chairman Tim Scott, R-S.C., Sen. Tina Smith, D-Minn., and ranking member Sen. Elizabeth Warren, D-Mass., attend the Senate Banking, Housing and Urban Affairs Committee markup of the ROAD to Housing Act, in Dirksen building on Tuesday, July 29, 2025. (Tom Williams/CQ-Roll Call, Inc via Getty Images) Tom Williams…
As the new month kicks off, Goldman Sachs is adding commercial insurance stock Aon to its list of top stock picks. Friday’s slump notwithstanding, stocks enter August near all-time highs after staging a dramatic recovery from their lows of the year in April, following President Donald Trump’s unveiling of new global tariff policies. Corporate earnings…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves : The S & P 500 was dropping almost 2% on Friday as weak jobs and new tariff levels unsettled the market. Investors also…
FILE PHOTO: Patricia de Stacy Harrison, president and CEO of the Corporation for Public Broadcasting (CPB), testifies before a House subcommittee holding hearings on President Donald Trump’s first budget on Capitol Hill on March 28, 2017 in Washington, D.C. Zach Gibson | Getty Images The Corporation for Public Broadcasting will shut down its operations after…
CNBC’s Jim Cramer walked investors through another week of earnings season, honing in on reports from Palantir, Berkshire Hathaway, Disney and Eli Lilly. “We’re still in earnings Hades, but at least it’s getting a little cooler out there,” he said. “That’s right, we’ve now gotten over the hump of the big-time growth stocks, the hyperscalers,…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, major cryptocurrencies slide after President Trump unveiled his modified “reciprocal” tariffs on dozens of countries. Plus, Coinbase launches newly imagined “everything exchange,” which will include tokenized real-world assets, stocks, derivatives, prediction markets and early-stage token…
The near-term outlook suddenly looks precarious for a stock market that’s near all-time highs, even after Friday’s big sell-off. Next week, investors will continue to act on what they learned this week. On the one hand, the artificial intelligence story that’s powered the stock market rally the last several months remains intact, with Microsoft this…
After a perfect week last week, when the S & P 500 finished above 6,300 for the first time ever and scored five closing highs in a row , the broad market index’s momentum has hit a wall. Stocks attempted to close above 6,400 a few times this week, but even upbeat quarterly results from…
Dr. Adriana Kugler, member of the Board of Governors of the Federal Reserve, speaks to The Economic Club of New York in New York City, U.S., June 5, 2025. Kylie Cooper | Reuters Federal Reserve Governor Adriana Kugler announced Friday she is stepping down from her role at the central bank, creating an important vacancy…
Sign at Martha’s Vineyard Airport, Massachusetts Cindygoff | Istock | Getty Images Martha’s Vineyard has long been a summer vacation destination for Black families, but August in the Massachusetts beach community is becoming an important hub for Black entrepreneurs, investors and financial firms, too. “I would say the magic of it is really about introducing…
