Data shows the economy has cooled since Fed’s last meeting

Data shows the economy has cooled since Fed’s last meeting

CNBC’s Jim Cramer said inflation may be abating more quickly than some think, suggesting that comments from the Federal Reserve’s most recent meeting three weeks ago may not hold much weight. “For the part of the market that was consumer-oriented, today was a day when the Fed won. Let’s hope the Fed conclave realizes that … Read more

Intel’s bold claims for chip, bad calls on Wells Fargo, Freeport-McMoRan

Intel’s bold claims for chip, bad calls on Wells Fargo, Freeport-McMoRan

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.) Market pullback: Stocks took a bit … Read more