Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Markets rebound as Nvidia goes green: … Read more
Shaikh Nawaf S. Al-Sabah, deputy chairman and chief executive officer of Kuwait Petroleum Corp., speaks during the 2024 CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 19, 2024. Aaron M. Sprecher | Bloomberg | Getty Images HOUSTON — Global energy demand will increase faster than the rate of population growth through … Read more
Four years after the onset of the Covid-19 pandemic, women are back at work — and taking jobs or looking for them at a higher rate than they were before it started. In February 2020, 77% of women ages 25 to 54 participated in the labor force, according to the Bureau of Labor Statistics. In … Read more
March and April are critical months for ocean carriers looking to ink annual freight contracts with shippers, including the world’s biggest retailers, but this year contract season is turning into a waiting game. The $2,500 spread between spot market rates and long-term freight contract rates for Asia to U.S. West Coast containers has reached its … Read more
In 2021, Liz White was visiting her parents — retirees who spend the winters in Naples, Florida — when an apartment became available in their building and she decided to move in. Each senior living arrangement has its own eligibility requirement, but residents in this retirement community are typically at least 55 years old. All … Read more
LONDON — Crypto wallet maker Ledger says it is set to launch its much-anticipated hardware wallet Ledger Stax, which was designed by iPod inventor Tony Fadell, in May. Ledger, which makes hardware and software wallets for crypto investors, first announced Ledger Stax in 2022 after a plunge in crypto prices in the wake of the … Read more
Mustafa Suleyman, Co-founder Inflection.ai & DeepMind, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC Microsoft said Tuesday it has hired former Mustafa Suleyman, a co-founder of artificial intelligence startup DeepMind that Google acquired in 2014, to lead Copilot AI initiatives. … Read more
Federal Chancellor Olaf Scholz (SPD) receives French President Macron and Polish Prime Minister Tusk with military honors at the Federal Chancellery for a joint meeting. Christoph Soeder | Picture Alliance | Getty Images Debate around military aid to Ukraine is deepening the cracks in Germany’s administration — but despite “extremely unusual” public rifts, Chancellor Olaf Scholz is … Read more
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 Tuesday’s key moments. U.S. stocks were mixed Tuesday as Big Tech names dragged down the S & P 500 and Nasdaq. The Dow was up after the opening. The rally in Nvidia cooled … Read more
China and New Zealand flags. Andrea Verdelli | Getty Images News | Getty Images China and New Zealand are working toward implementing an upgraded version of the free trade agreement between the two countries. Chinese Foreign Minister Wang Yi said Monday the two countries should kick off negotiations on the negative list of service trade … Read more
