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 Monday’s key moments. 1. Stocks are lower Monday as bond yields spike after Moody’s downgrade of the United States’ debt late Friday from its highest-possible rating (AAA) to its second-best designation (AA1), citing…
U.S. Secretary of the Treasury Scott Bessent, U.S. Trade Representative Jamieson Greer, China’s International Trade Representative and Vice Minister of Commerce Li Chenggang, and Chinese Vice Premier He Lifeng, prepare to discuss on the day of a bilateral meeting between the U.S. and China, in Geneva, Switzerland, May 10, 2025. Keystone/eda/martial Trezzini | Via Reuters…
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images Klarna saw its losses jump in the first quarter as the popular buy now, pay later firm applies the brakes on a hotly anticipated U.S. initial public offering. The Swedish payments…
U.S. House of Representatives Speaker Mike Johnson (R-LA) looks on, after President Donald Trump delivered remarks on tariffs, in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Leah Millis | Reuters House Speaker Mike Johnson expressed optimism that the budget bill that failed to exit committee Friday would still…
Former U.S. Vice President Mike Pence speaks in observance of Constitution Day at Middle Tennessee State University (MTSU) in Murfreesboro, Tennessee, U.S., September 17, 2024. Seth Herald | Reuters Former Vice President Mike Pence said Sunday that President Donald Trump should turn down the gift of a $400 million jet from the royal family of Qatar, citing national…
The past few years have seen “Abbott Elementary” star and creator Quinta Brunton take home multiple Emmys, a Golden Globe and even a Peabody award. But the 35-year-old comedy star isn’t surprised by her success. On a recent appearance on “Good Hang with Amy Poehler,” Brunson said that if you asked her 10 years ago…
U.S. President Donald Trump gestures, while he boards Air Force One, in Abu Dhabi, United Arab Emirates, May 16, 2025. Brian Snyder | Reuters President Donald Trump said Saturday he plans to speak separately to Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy on Monday in an effort to reach a ceasefire. “I WILL BE SPEAKING,…
When the Trump administration slapped 145% tariffs on China, the shipping and logistics industries slowed to a trickle. Now they’re dealing with the opposite problem: a surge. The administration’s decision to “pause” the steep tariffs for 90 days has left companies rushing to get orders in before the window closes. Insiders say the threat now…
Jack Hartung. Scott Mlyn | CNBC Tesla has appointed longtime Chipotle executive Jack Hartung to its board of directors, effective June 1. As part of the board, Hartung will join Tesla’s audit committee, the electric vehicle company disclosed in a filing with the U.S. Securities and Exchange Commission on Friday. The addition comes as Tesla…
U.S. Federal Reserve Chair Jerome Powell departs after holding a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, D.C., U.S., May 7, 2025. Kevin Lamarque | Reuters The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including…
