A cargo ship is sailing towards the docking of a foreign trade container terminal in Qingdao Port, Shandong province, in Qingdao, China, on June 7, 2024. Costfoto | Nurphoto | Getty Images China’s exports in October rose at their fastest pace in 19 months, sharply beating analysts’ estimates, according to data from the country’s customs…
From Friday, citizens of nine more countries can enter China without needing a visa to visit. Holders of ordinary passports from eight countries in Europe — Slovakia, Norway, Finland, Denmark, Iceland, Andorra, Monaco and Liechtenstein — as well as South Korea can visit for business or leisure purposes for up to 15 days without needing…
CNBC’s Jim Cramer reviewed Wednesday’s market action, saying the session was shaped by traders who were relieved that the election was over and were getting ready for President-elect Donald Trump’s administration. “Let’s understand that many people thought we’d have a contested election, which would cause tremendous uncertainty,” he said. “The fact that we already know…
A Blink Fitness location in New York City. Bill Tompkins | Michael Ochs Archives | Getty Images Planet Fitness wants to acquire bankrupt budget fitness chain Blink Holdings, according to court filings viewed by CNBC. Planet Fitness previously lost out in a bankruptcy auction against U.K.-based, privately held fitness chain PureGym. Now the U.S. chain,…
A view of the Jeep Plant where United Auto Workers members are picketing on September 18, 2023 in Toledo, Ohio. Sarah Rice | Getty Images DETROIT — Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio. The company, which has been…
A balcony above a trading floor inside the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023. Nathan Laine | Bloomberg | Getty Images U.S.-listed funds tracking global stocks largely pulled back in Wednesday’s session as investors considered Donald Trump’s victory harmful to international equities. Closely followed exchange-traded funds from iShares tracking…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Wall Street soared Wednesday on Donald Trump winning the presidential election. The Dow was leading the way higher in a broad-based rally, surging more than 3% to an all-time high….
Shortly after the opening bell, we will be selling 150 shares of Morgan Stanley at roughly $128.81 and 240 shares of Wells Fargo at roughly $71.02. Following the trades, Jim Cramer’s Charitable Trust will own 750 shares of MS, decreasing its weighting to roughly 2.5% from 3.06% and 2,100 shares of WFC, decreasing its weighting…
Montana Republican U.S. Senate candidate Tim Sheehy walks up to the stage during a rally for Republican presidential nominee, former U.S. President Donald Trump at the Brick Breeden Fieldhouse at Montana State University on August 9, 2024 in Bozeman, Montana. Michael Ciaglo | Getty Images Republican nominee Tim Sheehy will defeat incumbent Democratic Sen. Jon…
Omar Marques | Lightrocket | Getty Images Shares of major banks climbed on Wednesday as investors look toward Donald Trump’s victory in the presidential election and bet it will lead to less regulation for the sector. Citigroup jumped about 8% in premarket trading. Bank of America added 8%, while Wells Fargo and Goldman Sachs each…
