Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview at the JPMorgan Chase & Co. Capital Markets conference in Paris, France, on Thursday, May 15, 2025. Cyril Marcilhacy | Bloomberg | Getty Images JPMorgan Chase is scheduled to report second-quarter earnings before the opening bell Tuesday. Here’s what Wall…
Jim Cramer says he’s still backing Apple ‘s Tim Cook despite calls for the CEO to resign. “I really believe in Tim,” Jim said at Friday’s annual meeting of the CNBC Investing Club from the New York Stock Exchange. “He’s made us a lot of money. He gets the benefit of the doubt.” Responding to…
U.S. President Donald Trump’s fresh 30% tariffs on the European Union and Mexico have sent gold prices higher. The previous metal topped a three-week high on Monday , as investors piled into gold, which is usually considered a safe haven asset in times of turbulence. As of 10:20 p.m. ET Monday, spot gold was up…
High rise buildings, including the China Zun or CITIC Tower (L, back) is seen at the Central Business Distric (CBD) from the Tuanjiehu park in Beijing on June 2, 2025. Adek Berry | Afp | Getty Images China’s economy grew at a slower clip in the second quarter, as trade tensions with the U.S. rattled…
Grayscale Bitcoin Trust ETF signage on the floor of the New York Stock Exchange in New York, US, on Thursday, Jan. 11, 2024. Michael Nagle | Bloomberg | Getty Images Crypto-focused asset manager Grayscale said on Monday it has confidentially submitted paperwork with the Securities and Exchange Commission, signaling potential plans for a U.S. listing as bitcoin scales new highs. The move coincides with the…
Allen J. Schaben | Los Angeles Times | Getty Images The Port of Los Angeles reported its best June ever for shipping container traffic, an increase in ocean freight that port executives described as a tariff whipsaw effect, with shippers racing to beat President Trump’s trade taxes, especially a mid-August deadline for tariffs on Chinese…
CNBC’s Jim Cramer on Monday said deal-making in the corporate world is starting to heat up, telling investors to expect more action in the coming months. “You don’t get a wave of deals out of nowhere. You get a ripple, and then ever bigger waves,” he said. “Right now, we’re in the ripple stage. That’s…
San Francisco Mayor Daniel Lurie announced Monday that generative artificial intelligence will be available to 30,000 workers across the city’s government, leaning into the city’s role as a leader in AI. The city will use Microsoft 365 Copilot Chat, powered by OpenAI’s GPT-4o, for employees like nurses and social workers to improve city services. “It’s…
The U.S. stock market has shaken off several major worries in 2025, but the bull market will soon run in to some time-tested seasonal patterns. The final days of July into early fall are typically a weak period for the stock market, according to Jeffrey Hirsch of the Stock Trader’s Almanac. “It is the latter…
It was a sunny Thursday evening in New York’s Washington Square Park. People gathered there for one reason, and one reason only: a Labubu fashion show. On June 12, Labubu lovers strutted down the sidewalks with the tiny toy monsters clipped to their purses, backpacks, beltloops — even their dogs’ harnesses. The model with the…
