CNBC News

SINGAPORE — JPMorgan says stocks in emerging markets may rise as much 20% in 2021 after being largely ignored by investors this year. “I think emerging markets are very under owned as we see in the markets rally,” Joyce Chang, chair of global research at JPMorgan, told CNBC’s “Street Signs […]

Wall Street may be underpricing a risk associated with the next Federal Reserve meeting on interest rates. According to Richard Bernstein Advisors’ Michael Contopoulos, it may come down to President-elect Joe Biden’s pick for Treasury secretary: former Fed Chair Janet Yellen. Contopoulos speculates the Fed could see her appointment as […]

CNBC’s Jim Cramer on Thursday endorsed CIIG Merger, the U.S. blank-check company set to take U.K. electric-vehicle maker Arrival public next year, as a speculative stock for investors to play. “As much as I like this story, I think you can be patient,” the “Mad Money” host said. “But given […]

Aerial view of the Pentagon building photographed on Sept. 24, 2017. Bill Clark | CQ-Roll Call Group | Getty Images WASHINGTON — China’s largest chipmaker and national offshore oil and gas producer were added Thursday to a blacklist of alleged Chinese military companies, the Pentagon said in an evening statement. The Department of […]

Salesforce‘s blockbuster deal for the Slack messaging platform will give the software giant the visibility it needs to increase its valuation by threefold, CNBC’s Jim Cramer said Thursday. “If you follow the customer, you’ll understand why Salesforce.com, which built a gigantic business by helping clients harness the power of the […]

Traders work on the floor of the New York Stock Exchange. NYSE Stock futures were little changed in overnight trading on Thursday as investors awaited a key November jobs report to gauge the pace of labor market recovery in the face of a worsening pandemic. Futures on the Dow Jones […]

Kroger CEO Rodney McMullen on Thursday expressed confidence about the distribution of coronavirus vaccines at its pharmacies, telling CNBC the grocer was “ready and anxious to get started.” “We’re definitely prepared,” he said on “Closing Bell,” adding the company has been coordinating with the federal government and states for weeks. […]

Jason Kilar speaks at the Business Insider Ignition conference in New York, U.S., on Thursday, Dec. 2, 2010. Peter Foley | Bloomberg | Getty Images On Thursday, AT&T‘s WarnerMedia announced it would release its entire 2021 slate of films directly on HBO Max at the same time they hit theaters. […]

White House Director of Strategic Communications Alyssa Farah speaks to reporters following a television interview, outside the White House in Washington, U.S. October 21, 2020. Al Drago | Reuters White House communications director Alyssa Farah is resigning, a sign of acknowledgement among Trump administration officials, if not President Donald Trump […]

The inspector general responsible for overseeing the U.S. Agency for International Development is looking into the actions of its leaders over apparent deletion of social media accounts, according to people familiar with the matter. The apparent probe is directed at John Barsa, the foreign aid agency’s acting deputy administrator, and […]