One year after President Donald Trump took office, the possibility of a government shutdown remains, with defense one of the areas that would feel the impact. It also comes a month before the White House is expected to submit its defense budget request for fiscal 2019. Defense Secretary James Mattis […]
CNBC News
Cramer Remix: The real ‘wild card’ behind soaring retail revenues
CNBC’s Jim Cramer thinks the consumer is still underappreciated in this stock market despite strong data from the retailers’ fourth quarters. “While the new tax regime will be very favorable for the retailers and restaurants, it’s a one-time change; a year from now we’ll anniversary the new numbers and that […]
Top energy executive says natural gas industry will need $150 billion of infrastructure investment
Energy guru Charif Souki, the chairman and co-founder of Tellurian, told CNBC on Wednesday that the natural gas industry is going to need a major fund infusion to keep drilling. “We have so much natural gas in this country,” Souki told “Mad Money” host Jim Cramer. “Just the amount of […]
Digital currency plunge may be healthy for cryptocurrency market
The cryptocurrency market rout may be the beginning of a needed washout that digital currency enthusiasts have been waiting for. “The markets over the last year have certainly appreciated more quickly than the fundamentals have, and this is a shakeout to hopefully draw the financial reality closer to the fundamental […]
Cramer remains confident on most major banks after earnings
CNBC’s Jim Cramer firmly believes that the financial stocks are the most important leadership group in the market, so he wanted to check in with some of its biggest players after earnings. When Cramer told viewers what to look for from the banks’ earnings reports last week, he anticipated the […]
Apple and two others could propel the Dow to 27,000
Another day, another record-breaking milestone for the Dow Jones. The blue-chip index went over 26,000 for the first time ever Tuesday, just seven trading days after surpassing 25,000 and less than a year since hitting its monumental 20,000 level. Now, the question is, how soon will the Dow hit its […]
10 tips for landing your dream job in 2018
Whether you’re a recent college graduate or a seasoned employee, looking for a new job can be stressful. While there are hundreds of online job postings that you can apply to, it’s difficult to find the right position that fits your lifestyle and needs. To help, job search platform Glassdoor […]
Founder of $100 million crypto hedge fund: ‘I’ll lose a million dollars in a day and I’m like, OK’
People are getting rich off cryptocurrency, especially those who took a chance on it early. One high school dropout who invested in bitcoin when it was just $12 per token became a millionaire at age 18. The Winklevoss twins, who owned more than $11 million worth of cryptocurrency in 2013, […]
Cramer: Investors should heed Bank of America’s warning on bitcoin
Investors should heed Bank of America‘s warning on bitcoin and other virtual currencies, CNBC’s Jim Cramer said Wednesday. During a post-earnings call Wednesday morning, Bank of America CEO Brian Moynihan responded to a question about cryptocurrencies after the company banned financial advisors from buying bitcoin-related investments for their clients. “We […]
Zuckerberg: Unresolved DACA status is a ‘basic question of whether our government works’
Facebook CEO Mark Zuckerberg wants Congress to resolve DACA recipients’ status and is asking his followers to help pressure lawmakers to make decisions soon. Zuckerberg wrote on his Facebook page Tuesday that there are 800,000 dreamers who are in limbo while their legal status is being negotiated. Though he said […]