CNBC’s Jim Cramer on Friday walked investors through next week’s market action, highlighting new economic data from the nonfarm payroll report and the latest purchasing managers’ index, as well as earnings from grocery giant Albertsons. “It’s a light week, but still impactful, accept that people will be on edge ahead of Friday’s employment report,” he…
Former U.S. President Donald Trump leaves the courthouse after a jury found him guilty of all 34 felony counts in his criminal trial at New York State Supreme Court in New York on May 30, 2024. Justin Lane | Via Reuters A judge on Friday rejected a request that he dismiss the New York criminal…
U.S. President-elect Donald Trump shakes hands with U.S. House Speaker Mike Johnson (R-LA) as he meets with House Republicans on Capitol Hill in Washington, U.S., November 13, 2024. Brian Snyder | Reuters President-elect Donald Trump again called on fellow Republicans to select Rep. Mike Johnson as speaker of the House of Representatives on Friday, as…
An Apple flagship store in Shanghai, China, October 15, 2024. Cfoto | Future Publishing | Getty Images Sales of foreign phone brands in China plunged in November, according to official data released Friday, underscoring further pressure on Apple, the biggest international handset vendor in the country. In November, foreign mobile phone shipments in China stood…
A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024. Justin Merriman | Bloomberg | Getty Images President Joe Biden has officially blocked U.S. Steel‘s $14.9 billion acquisition by Japan’s Nippon Steel, citing national security concerns. U.S. Steel’s stock dropped by nearly 8% in premarket…
The NKT Victoria cable laying ship operates off the coast of Marske by the Sea as it lays cable as part of the Sofia Offshore Wind Farm project on August 17, 2024 in Marske By The Sea, United Kingdom. Ian Forsyth | Getty Images News | Getty Images U.S. President-elect Donald Trump on Friday called…
On the first trading day of the year, all major indexes advanced, but they started tilting down before long. The likely culprit? Rising Treasury yields.
The Sydney Opera House Sydney, New South Wales, Australia. Gallo Images | Brand X Pictures | Getty Images Asia-Pacific markets opened higher Friday, breaking ranks with Wall Street peers that ended lower on the first trading session of 2025, weighed down by tech stocks. Hong Kong’s Hang Seng index rose 0.35%, while mainland China’s benchmark…
CNBC is now accepting applications for the 2025 Disruptor 50 list — our thirteenth annual look at the most innovative venture-backed companies using breakthrough technology to meet increasing economic and consumer challenges. The deadline for submissions is Friday, Feb. 10 at 11:59 pm EST. All independent, privately-owned companies founded after Jan. 1, 2010, are eligible,…
Ken Griffin, founder and CEO of Citadel, speaks during The New York Times’ annual DealBook Summit in New York City, Dec. 4, 2024. Michael M. Santiago | Getty Images Billionaire investor Ken Griffin’s handful of hedge funds at Citadel all posted double-digit returns in 2024, led by its tactical trading strategy. Citadel’s multistrategy Wellington fund,…
