Economy

A view of a Canadian athletic apparel retailer Lululemon logo seen at one of their stores.Alex Tai | LightRocket | Getty ImagesCheck out the companies making headlines in early morning trading.MongoDB — The data developer platform stock surged 27% after the company issued a strong forecast for the second quarter, seeing between $388 million and $392… […]

The U.S. economy continued to crank out jobs in May, with nonfarm payrolls surging more than expected despite multiple headwinds, the Labor Department reported Friday.Payrolls in the public and private sector increased by 339,000 for the month, better than the 190,000 Dow Jones estimate and marking the 29th straight month of positive job growth.related investing… […]

Francesco Riccardo Iacomino | Moment | Getty ImagesPersistent inflation and higher interest rates have strained many household budgets, and consumers are shying away from some purchases such as home improvement projects or apparel. But millions of U.S. consumers aren’t giving up their vacations.A Deloitte survey from last month found that 50% of respondents planned to… […]

People sit outdoors at the Petite Crevette Restaurant on June 05, 2021 in the Brooklyn borough of New York City.Robert Nickelsberg | Getty ImagesDuring the Great Recession, consumers hunted for bargains, trading down to cheaper restaurants or picking the least expensive menu options.But today, as inflation puts pressure on their wallets, consumers are more likely… […]

CNBC’s Jim Cramer walked investors through next week on Wall Street, telling them to take note of the Federal Reserve’s next meeting and earnings reports from companies including FedEx , Micron and General Mills . He also warned that regardless of earnings, market action will likely be shaped by President Donald Trump and the Fed. […]

Tesla CEO Elon Musk watches as President Donald Trump talks to the media, outside the White House in Washington, D.C., March 11, 2025. Kevin Lamarque | Reuters Two companies led by billionaire DOGE chief Elon Musk — SpaceX and Tesla — have submitted letters lobbying the U.S. trade representative on Trump administration tariff policies. But […]

Pedestrians walk by an advertisement for Klarna. Daniel Harvey Gonzalez | In Pictures via Getty Images Klarna, a provider of buy now, pay later loans filed its IPO prospectus on Friday, and plans to go public on the New York Stock Exchange under ticker symbol KLAR. Klarna, headquartered in Sweden, hasn’t yet disclosed the number […]

Canada’s new prime minister, Mark Carney, with members of his government standing behind him, speaks during a press conference following the swearing-in ceremonies for Canada’s new government in Ottawa, Ontario, March 14, 2025. Blair Gable | Reuters Canada’s new prime minister, shortly after being sworn in to office Friday, quickly rebuked President Donald Trump on […]

In his first meeting with top food executives, Health and Human Services Secretary Robert F. Kennedy Jr. called on major companies like PepsiCo, W.K. Kellogg and Kraft Heinz to remove artificial dyes from America’s food supply. Kennedy says he wants to get “the worst ingredients” out of the food system and is making the removal […]

CNBC’s Jim Cramer on Thursday lamented the negative sentiment surrounding the economy, which he thinks the White House is currently projecting. Wall Street’s response has sent the averages tumbling. “Every day, there is something to celebrate in the business world because the business world is fantastic,” he said. “We’d be in much better shape if […]