Twenty civil rights organizations sent a letter Thursday to Fortune 1000 companies calling for them to recommit to diversity, equity and inclusion, after several major companies scaled back their efforts. The call to action comes after businesses including Ford, Tractor Supply, Brown-Forman announced plans to change or entirely end internal DEI initiatives. “Abandoning DEI will … Read more
CNBC’s Jim Cramer on Monday said a variety of companies, to their detriment, won’t admit they’re hurting due to certain ongoing economic trends. “If companies would just own up to their changing circumstances, things would be so much easier for everybody. But who wants to admit that they made mistakes?” he asked. “If they’d just … Read more
CNBC’s Jim Cramer on Friday told investors what to pay attention to next week on Wall Street, highlighting the nonfarm payroll report and earnings from GitlLab and CrowdStrike. “To those of you who want the Fed to cut so badly that you’re staying on the sidelines until they do,” he said, “you’d better hope we … Read more
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
Jack Daniel’s Tennessee Whiskey. Getty Images U.S. whiskey distillers are breathing a sigh of relief as they will avoid a looming 50% tax on shipments to Europe. The European Union said Tuesday it would extend the suspension of tariffs on U.S. whiskey until March 31, 2025. The 50% levy, which came in the context of … Read more
