Fed minutes signal September rate cut

Fed minutes signal September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Fed minutes signals September rate cut

Fed minutes signals September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Ford delays new EV plant, cancels electric three-row SUV

Ford delays new EV plant, cancels electric three-row SUV

Ford Mustang Mach-E and F-150 Lightning on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT – Ford Motor is delaying production of a new plant in Tennessee to produce a next-generation all-electric pickup truck and canceling plans for a three-row electric SUV, the company said Wednesday. Instead, … Read more

GMC targets electric truck leadership against Tesla, Ford, Rivian

GMC targets electric truck leadership against Tesla, Ford, Rivian

2024 Sierra EV Denali Edition 1 Source: General Motors MILFORD, Mich. — General Motors’ premium GMC brand wants to become the leader in all-electric truck sales for U.S. consumers as it launches its new electric Sierra pickup. The Sierra EV joins electric versions of the Hummer, including an SUV and pickup, in GMC’s electric “truck” … Read more

New Lincoln Navigator includes spa mode, 48-inch display for gaming

New Lincoln Navigator includes spa mode, 48-inch display for gaming

2025 Lincoln Navigator Lincoln  Ford Motor is updating its Lincoln Navigator to include a 48-inch front display that can be used as a “sanctuary” for spa lovers and gamers alike. The new feature comes as the automaker has redesigned the exterior and interior of the vehicle for the 2025 model year — and as the … Read more

Harris economic policy draws on Biden alums Brian Deese, Mike Pyle

Harris economic policy draws on Biden alums Brian Deese, Mike Pyle

US Vice President and Democratic presidential candidate Kamala Harris speaks during a campaign rally at the Thomas and Mack Center, University of Nevada in Las Vegas, Nevada, on August 10, 2024.  Ronda Churchill | Afp | Getty Images Economist Brian Deese has begun advising Vice President Kamala Harris as she develops her economic policy plan, … Read more

After a busy week of trades, we’re looking to some key inflation data

After a busy week of trades, we’re looking to some key inflation data

It was another volatile week for stocks, but Wall Street ultimately finished lower again. The market experienced a sharp sell-off Monday on recession concerns, which led the S & P 500 and Dow Jones Industrial Average to its worst single-day performances since 2022. The VIX index — Wall Street’s fear gauge and a measure of … Read more

Trump, Musk alliance could threaten Harris in 2024 election

Trump, Musk alliance could threaten Harris in 2024 election

NASHVILLE, Tenn. —  Former President Donald Trump’s highly anticipated keynote address at the biggest bitcoin gathering of the year late last month started over an hour late. As the crowd of investors, enthusiasts and the crypto-curious grew increasingly antsy in Nashville, Elon Musk’s private jet was touching down 200 miles away in Memphis, Tennessee. It … Read more

We’re tapping our cash pile to upgrade the portfolio with these 2 stocks

We’re tapping our cash pile to upgrade the portfolio with these 2 stocks

We are buying 70 shares of DuPont at roughly $78.14 and 85 shares of Wells Fargo at roughly $52.12. Following the trades, Jim Cramer’s Charitable Trust will own 1,385 shares of DD, increasing its weighting to 3.5% from 3.3%, and 2,365 shares of WFC, increasing its weighting to 4.00% from 3.85%. We’re nibbling on stocks … Read more

We’re making 6 trades in the portfolio Monday as market rout picks up

We’re making 6 trades in the portfolio Monday as market rout picks up

We’re making six trades Monday morning, as the recent market volatility driven by fears of a U.S. recession intensifies. Shortly after the opening bell, we are exiting our position in Ford , selling all of our 5,550 shares at roughly $9.48. We are also exiting our position in Wynn Resorts by selling our 600 shares … Read more