Economy

NY Attorney General Letitia James speaks during a press conference on Feb. 14, 2025 in New York City. Michael M. Santiago | Getty Images A dozen states sued President Donald Trump and his administration Wednesday, seeking a court order declaring that his new tariffs on foreign imports are illegal. “The president does not have the […]

In a Wednesday interview with CNBC’s Jim Cramer, GE Vernova CEO Scott Strazik said the growth of the U.S.’s electric load is the largest since the industrial boom that followed the end of the second world war. “You’ve got to go back to 1945 and the end of World War II, that’s the infrastructure buildout […]

It’s been an up-and-down day for Club name Amazon (AMZN), which led to an internal discussion about whether to book some profits after this year’s run higher. As Amazon came out of the gate stronger on a positive Wall Street research note, Jim Cramer said during Wednesday’s Morning Meeting that he had considered booking some… […]

President Donald Trump and Elon Musk attend UFC 314 at the Kaseya Center on Saturday, April 12, 2025, in downtown Miami. Matias J. Ocner | Miami Herald | Getty Images The latest CNBC All-America Economic Survey found that Americans’ opinion of how U.S. President Donald Trump is managing the economy has plunged: For the first […]

Tesla CEO Elon Musk wears a ‘Trump Was Right About Everything!’ hat, as he, U.S. Trade Representative Jamieson Greer and Central Intelligence Agency Director John Ratcliffe attend a cabinet meeting at the White House, in Washington, D.C., U.S., March 24, 2025. Carlos Barria | Reuters Tesla reported a miss on the top and bottom lines […]

CNBC’s Jim Cramer on Tuesday said that as stocks surged on the day, he’s looking for potential signs that the bear market rally becomes a genuine recovery in stock prices. With the major indices each closing over 2.5% higher on Tuesday, Cramer said he heard plenty of skepticism that the markets would continue soaring rather […]

U.S. President Donald Trump speaks at the White House in Washington, D.C., U.S., April 22, 2025. Kevin Lamarque | Reuters President Donald Trump on Tuesday said he has “no intention” of firing Federal Reserve Chair Jerome Powell before his term leading the U.S. central bank ends next year. “None whatsoever,” Trump said in the Oval […]

Jamell Harris loads raw casting heads to be manufactured at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Bill Pugliano | Getty Images DETROIT – Six of the top policy groups representing the U.S. automotive industry are uncharacteristically joining forces to lobby the Trump administration against 25% tariffs on auto parts […]

An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy is trying to make it easier for shoppers to purchase products from local merchants and avoid the extra cost of imports as President Donald Trump’s sweeping tariffs raise concerns about soaring […]

Netflix co-CEO Ted Sarandos attends Netflix’s FYSEE event for “Squid Game” at Raleigh Studios Hollywood in Los Angeles, June 12, 2022. Charley Gallay | Getty Images Entertainment | Getty Images Netflix posted a major earnings beat Thursday, as revenue grew 13% during the first quarter of 2025. The streamer attributed its better-than-expected revenue to higher-than-forecast […]