Jim Cramer explains how to spot ‘exquisite moments’ like Friday’s session
Economy

Jim Cramer explains how to spot ‘exquisite moments’ like Friday’s session

CNBC’s Jim Cramer reviewed Friday’s market action, dubbing the session an “exquisite moment,” where stocks opened weak, but the averages climbed by the close. While he said this particular moment has come and gone, he listed ways investors can recognize one in the future, saying these conditions can yield big gains. “We used to call […]

The Fed cut interest rates but mortgage costs jumped. Here’s why
Economy

The Fed cut interest rates but mortgage costs jumped. Here’s why

Homebuyers touring a house with a real estate agent. sturti | Getty The Federal Reserve on Wednesday cut interest rates for the third time in 2024. Despite the move, mortgage rates increased. The 30-year fixed rate mortgage spiked to 6.72% for the week ending Dec. 19, a day after the Fed meeting, according to Freddie […]

Elon Musk endorses far-right Alternative for Germany party in upcoming election
Economy

Elon Musk endorses far-right Alternative for Germany party in upcoming election

Tesla CEO and X owner Elon Musk gestures behind protective glass during a rally for Republican presidential nominee and former U.S. president Donald Trump, at the site of the July assassination attempt against Trump, in Butler, Pennsylvania, U.S., October 5, 2024. Carlos Barria | Reuters Tesla CEO Elon Muska meagdonor and adviser to President-elect Donald […]

Trump campaign launches TikTok account as Truth Social stock dips
Economy

Trump campaign launches TikTok account as Truth Social stock dips

Republican presidential candidate and former U.S. President Donald Trump speaks during a press conference, the day after a guilty verdict in his criminal trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016, at Trump Tower in New York City, U.S., May 31, 2024. Brendan […]