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 : Stocks got a boost and bond yields dipped Wednesday afternoon after the Federal Reserve lowered the target range of its key interest rate…
A Venezuelan flag in La Guaira, Vargas State, Venezuela, on Sunday, Nov. 30, 2025. Bloomberg | Getty Images U.S. forces have seized an oil tanker off the coast of Venezuela, President Donald Trump said Wednesday. “We’ve just seized a tanker on the coast of Venezuela,” Trump said during a meeting in the Roosevelt Room at…
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in October. Text removed from the October statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements….
Department of Homeland Security Secretary Kristi Noem speaks during a press conference at a federal office building on October 20, 2025 in Bradenton, Florida. Octavio Jones | Getty Images Read more CNBC politics coverage “We are delighted to see the media is highlighting the Trump administration’s cost-effective and innovative ways of delivering on the American people’s mandate…
Charli XCX is making a trip to the Sundance Film Festival in January. The pop singer-songwriter appears in three films premiering at the 2026 festival, including a mockumentary that she produced and stars in. Programmers on Wednesday unveiled a lineup of 90 feature films set for the festival’s last hurrah in Park City, Utah. The…
Overall, we didn’t see the best of NFL defenses this past week. Twelve of the 28 teams in action scored at least 28 points. Seven put up 34 or more points. So, not exactly what you’d expect as we dive into December, where playoff positioning heats up. But we did see an epic defensive battle…
Check out the companies making the biggest moves midday: Photronics — The maker of flat panel display components rallied more than 37% on better-than-expected results for its fiscal fourth quarter. Photronics’ first-quarter earnings guidance also exceeded estimates. Maplebear — The grocery delivery platform stumbled 6% after Amazon announced in a blog post that its same-day…
A Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday, but signaled a tougher road ahead for further reductions. Fulfilling expectations of a “hawkish cut,” the central bank’s Federal Open Market Committee lowered its key overnight borrowing rate by a quarter percentage point, putting it in a range between…
President Donald Trump will begin the final interviews of candidates for the Federal Reserve chair this week, putting back on track the formal selection process that began this summer. “We’re going to be looking at a couple different people, but I have a pretty good idea of who I want,” Trump said Tuesday night aboard…
Oleksii Liskonih | Istock | Getty Images The Swiss government said on Wednesday that a previously announced agreement to reduce U.S. tariffs on that country’s imports to a ceiling of 15% will apply retroactively to Nov. 14. The deal reached last month slashed the 39% tariff on imports from Switzerland that President Donald Trump imposed…
