Investors are piling into a European defense spending “mega-trend,” turbo-charged by a mix of EU, national and private capital funding that’s set to run well into the next decade. As several of Europe’s leading defense stocks surged to near-20% returns in the opening week of 2026, investors now see the sector as a long-term bet,…
Maersk and HMM container ships at the Port of Los Angeles in Los Angeles, California, US, on Wednesday, Sept. 24, 2025. Bloomberg | Bloomberg | Getty Images Danish shipping giant Maersk on Thursday posted stronger-than-expected third-quarter operating profit and raised the lower-end of its full-year guidance, bolstered by increasing container volumes. The company, widely regarded…
CNBC’s Jim Cramer argued that President Donald Trump’s deal with semiconductor giants Nvidia and AMD isn’t necessarily unprecedented. “There’s nothing novel at all about taking a 15% cut. It’s not like Trump’s collecting this money personally…that 15% goes straight to the Treasury,” he said. “To take a 15% cut on their Chinese sales is basically…
Get ready for an emotional night at Dodger Stadium. Clayton Kershaw pitches the final regular-season home game of his 18-year career with the Los Angeles Dodgers on Friday after announcing his decision to retire at season’s end. The 37-year-old pitcher will be surrounded by his teammates, his wife and four children and fans who’ve watched…
Fire-affected residents meet with FEMA officials on Jan. 14, 2025 in Pasadena, California, where a FEMA Disaster Recovery Center opened today to help homeowners, renters, businesses and non-profits with their economic recovery. Frederic J. Brown | AFP | Getty Images A group of 20 mostly Democrat-led U.S. states filed a lawsuit on Wednesday seeking to…
Several years ago, Louisville men’s basketball coach Pat Kelsey embarked on an offseason study of Michigan State. He wanted to better understand how the Spartans, led by Hall-of-Fame coach Tom Izzo, always seemed to be among the best teams in the country despite an apparent reluctance to embrace some of the sport’s new-wave, offensive ideology…
Having a tough time following along with the MLB postseason? Just want to relive the best moments? Don’t worry, we’re here to help you by figuring out what you missed but shouldn’t have. Here are all the best moments from last night in Major League Baseball: Brewers put Cubs on the brink Things started out…
Want to know what’s next for the economy if the U.S.-Iran war persists? CNBC’s Jim Cramer said Tuesday’s stock market action gave investors a warning. Despite eking out a small last-minute gain, the S&P 500 was down for most of the session as President Donald Trump’s deadline for Iran to strike a deal and reopen…
In the war on affordability, President Donald Trump has claimed victory over inflation. Trump said during a speech Wednesday in Davos, Switzerland, that he had “defeated” inflation and reined in consumer prices over the past year. In an address to world leaders and others at the World Economic Forum, Trump said that the U.S. has “virtually…
Kevin Warsh, nominee for US Federal Reserve Chair, testifies during a Senate Banking Committee hearing on his nomination on Capitol Hill in Washington, DC, on April 21, 2026. Mandel Ngan | Afp | Getty Images Federal Reserve chair nominee Kevin Warsh believes the Fed’s statutory independence doesn’t fully extend to international policy issues, he said…
