Economy

CNBC’s Jim Cramer on Monday said a variety of companies, to their detriment, won’t admit they’re hurting due to certain ongoing economic trends. “If companies would just own up to their changing circumstances, things would be so much easier for everybody. But who wants to admit that they made mistakes?” he asked. “If they’d just […]

SpaceX’s Starship launches its fourth flight test from the company’s Boca Chica launchpad, designed to eventually send astronauts to the moon and beyond, near Brownsville, Texas, U.S. , in this handout picture obtained on June 6, 2024. Spacex | Via Reuters Elon Musk’s SpaceX violated environmental regulations by repeatedly releasing pollutants into or near bodies […]

China’s Premier Li Qiang waves as he walks back with German Chancellor Olaf Scholz.John Macdougall | Afp | Getty ImagesEurope is charting a new way forward for its relations with China, but officials in the region say they are wary about the risk of retaliation if they get it wrong.There has been growing momentum behind… […]

CNBC’s Jim Cramer gave investors his game plan for the week ahead, with big names such as Nike and Walgreens set to report.”It’s an important week, not to be minimized, as we make our way to July for an employment report, a Fed meeting and a parade of earnings, all care of an upcoming calendar change,”… […]

China’s President Xi Jinping (R) met with U.S. Secretary of State Antony Blinken. The U.S. has looked to cut China off from key technologies like advanced semiconductors over the past few years. The two sides likely discussed tech tensions but analysts said not much is likely to change even as the two sides look to… […]

Russell Westbrook, who played for the Washington Wizards in the 2020-21 NBA season, reacts prior to playing against the Denver Nuggets at Capital One Arena in Washington, D.C., February 17, 2021.Will Newton | Getty ImagesQatar’s sovereign wealth fund has offered to buy a minority stake in Monumental Sports & Entertainment, the parent company of the… […]

Tech titans Mark Zuckerberg and Elon Musk are in a fierce business rivalry that has spilt over into a playground spat, with the two men offering to fight each other in a cage.Mandel Ngan | AFP | Getty ImagesTwitter owner and Tesla CEO Elon Musk suggested Las Vegas for the location of a “cage match” after reportedly… […]

U.S. Vice President and Democratic Presidential candidate Kamala Harris speaks to supporters during a campaign rally in Romulus, Michigan, U.S., August 7, 2024. Rebecca Cook | Reuters Former President Donald Trump on Sunday falsely accused his November election opponent, Vice President Kamala Harrisof using artificial intelligence technology to fabricate images of the crowd sizes at […]

The 2024 Paris Olympic Games medals are displayed inside a custom-designed trunk manufactured by Louis Vuitton, an LVMH brand partner of the Paris Olympic and Paralympic Games, during a gathering at LVMH in Paris on July 22, 2024, ahead of the start of the 2024 Paris Olympic Games. Stephane De Sakutin | AFP | Getty […]

Jim Cramer. Rob Kim | NBCUniversal When I look at Thursday’s rally, I am beginning to realize that we have become so binary and so up close that we have lost our ability to think about what matters. The big fish data got caught among the minnow minutiae and we ended up with ridiculous rallies […]