Economy

ChartHop CEO Ian White ChartHop ChartHop CEO Ian White breathed a significant sigh of relief in late January after his cloud software application start-up raised a $20 million financing round. He ‘d began the procedure […]

A freight train carries cargo shipping containers in the El Paso Sector along the US-Mexico border between New Mexico and Chihuahua state on December 9, 2021 in Sunland Park, New Mexico. Patrick T. Fallon | AFP | Getty Images New data shows a surge in trade between China and Mexico at a time of tough […]

CNBC’s Jim Cramer on Friday walked investors through next week’s notable Wall Street action, pointing to quarterly reports from Costco and KB Home as well as new economic data that could inform the Federal Reserve’s next decision about interest rates. But regardless of the week’s events, Cramer said the Fed’s successful start to the easing […]

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters The Securities and Exchange Commission has asked a federal judge to sanction Elon Musk if he […]

RH CEO Gary Friedman told CNBC’s Jim Cramer on Friday why the upscale home furnishing retailer doesn’t have any official social media accounts, saying paid promotions by online influencers aren’t authentic. “The great brands that stand the test of time, they earn it, right,” Friedman said. “They tell the truth. And, you know, having fake […]

UBS Chairman Colm Kelleher (R) shakes hands with Credit Suisse chairman Axel Lehmann (L) after an interview following talks over Credit Suisse in Bern on March 19, 2023. Fabrice Coffrini|Afp|Getty Images UBS accepted purchase its embattled competitor Credit Suisse for 3 billion Swiss francs ($ 3.2 billion) Sunday, with Swiss regulators playing a crucial part… […]

Federal Reserve Governor Christopher Waller said Friday he supported a half percentage point rate cut at this week’s meeting because inflation is falling even faster than he had expected. Citing recent data on consumer and producer prices, Waller told CNBC that the data is showing core inflation, excluding food and energy, in the Fed’s preferred […]

China’s top leaders vowed to “adjust and optimize policies in a timely manner” for its beleaguered property sector, while elevating stable employment to a strategic goal, along with other pledges to boost domestic consumption demand and resolve local debt risks.Ullstein Bild | Ullstein Bild | Getty ImagesChina’s top leaders pledged to “adjust and optimize policies… […]

Increased antitrust scrutiny against Big Tech companies is making us carefully examine the Justice Department’s lawsuit against Alphabet (GOOGL) and the potential implications for this Club holding and other mega-caps.Jim Cramer Monday spoke with Jonathan Kanter, assistant attorney general for the Antitrust Division at the Department of Justice, in an exclusive “Mad Money” interview. While… […]

In the end, “Barbenheimer” lived up to the hype.The release of Greta Gerwig’s “Barbie” and Christopher Nolan’s “Oppenheimer” on the same day drew moviegoers to cinemas in droves, and the double feature powered one of Hollywood’s biggest weekends ever.”Barbie” is a bright, quick-on-its-feet comedy, while “Oppenheimer” is an adult-oriented three-hour biopic. Still, the wildly different… […]