Kevin Hassett, director of the National Economic Council, speaks during an Economic Club of Washington event in Washington, DC, US, on Wednesday, Nov. 12, 2025. Al Drago | Bloomberg | Getty Images Artificial intelligence could be increasing worker productivity so much that companies slow hiring, top Trump administration economic advisor Kevin Hassett said Monday. “I…
U.S. Senate Minority Leader Chuck Schumer (D-N.Y.) holds a press conference following the Democratic weekly policy lunch on Capitol Hill in Washington, D.C., U.S., Feb. 3, 2026. Annabelle Gordon | Reuters House and Senate Democrats on Wednesday laid out their demands for immigration enforcement reform as Congress races to avoid a shutdown at the Department…
Detroit Lions fans thought they were getting a Thanksgiving treat when the team announced on Wednesday that center Frank Ragnow was coming out of retirement to re-join the team. Instead, it was a Black Friday purchase made with a declined credit card. The Lions announced on Saturday morning that Ragnow failed a physical, which revealed…
Check out some of the stocks making the biggest moves in midday trading. Ultragenyx Pharmaceutical – Shares cratered more than 40% after Ultragenyx announced that its bone disease drug setrusumab fell short of expectations in two trials. “Neither study achieved its primary endpoint of reduction in annualized clinical fracture rate compared to placebo or bisphosphonates,”…
Keith Rabois of Khosla Ventures attends Day 3 of TechCrunch Disrupt SF 2013 at San Francisco Design Center on September 11, 2013 in San Francisco, California. Steve Jennings | Getty Images Opendoor, the online real estate platform that’s seen a surge of retail investor interest in recent months, said Wednesday that it’s tapped former Shopify…
A hiring sign on a Taco Bell window on June 25, 2025 in Austin, Texas, U.S. Brandon Bell | Getty Images News | Getty Images There’s a scene in the cinematic masterpiece Mean Girls in which a character writes in big bloody script: “DO NOT TRUST HER.” Apologies in advance to the good folks at…
Here’s our Club Mailbag email investingclubmailbag@cnbc.com — so you send your questions directly to Jim Cramer and his team of analysts. We can’t offer personal investing advice. We will only consider more general questions about the investment process or stocks in the portfolio or related industries. This week’s question: What is the difference between “trading”…
Check out the companies making headlines before the bell: Target — The big box retailer jumped more than 3% on better-than-expected earnings for the fourth quarter. Target earned an adjusted $2.44 per share, which topped the $2.16 per share analysts polled by LSEG were anticipating. Revenue of $30.45 billion came in just below consensus. Best…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. With TikTok guaranteeing its presence in the U.S. (which we cover below), it looks like my screen time will remain far higher than it should be. Stock futures ticked lower this morning. The market is coming off another winning day….
Confidence in shares of Nvidia is in question after SoftBank’s decision to relinquish its stake in the high-flying stock. Nvidia briefly tumbled nearly 4% Tuesday after the Japanese investment firm said it zeroed out its position in the AI chipmaker for $5.8 billion. That left investors wondering if SoftBank’s decision to exit the stock was…
