U.S. job growth revised down by the most since 2009. Why this time is different

U.S. job growth revised down by the most since 2009. Why this time is different

People line up as they wait for the JobNewsUSA.com South Florida Job Fair to open at the Amerant Bank Arena on June 26, 2024, in Sunrise, Florida.  Joe Raedle | Getty Images There’s a lot of debate about how much signal to take from the 818,000 downward revisions to U.S. payrolls — the largest since … Read more

CNBC Daily Open: A ‘crazy’ summer

CNBC Daily Open: A ‘crazy’ summer

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

EV company Nio to build battery chargers, swap stations across China

EV company Nio to build battery chargers, swap stations across China

A Nio electric car uses one of the company’s battery swap stations on Nov. 13, 2023, in Taicang, Jiangsu province of China.   Vcg | Visual China Group | Getty Images BEIJING — Chinese electric car company Nio said Tuesday it plans to install battery charging stations in every one of China’s 2,844 counties by the … Read more

China’s antimony export controls rattle the tungsten industry

China’s antimony export controls rattle the tungsten industry

Pictured are are crystals of the antimony ore stibnite (antimony sulphide).  Universalimagesgroup | Universal Images Group | Getty Images BEIJING — China’s latest export controls has rattled insiders of the critical minerals industry, and some are concerned that Beijing will leverage its global supply chain dominance in unprecedented ways. China’s Ministry of Commerce announced Thursday … Read more

CNBC Daily Open: ‘Crazy’ summer

CNBC Daily Open: ‘Crazy’ summer

Traders work on the floor of the New York Stock Exchange during morning trading on Aug. 20, 2024. 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 matter where they are. … Read more

‘We’re getting back to reality’

‘We’re getting back to reality’

CNBC’s Jim Cramer reviewed Tuesday’s pullback, saying the market was due for some declines, and investors are perhaps interpreting companies’ quarters with more scrutiny than they had during the preceding eight-day rally. “We’re getting back to reality, where good is good and bad is bad and never the twain shall meet,” he said. “In short, … Read more

Wall Street extends winning run

Wall Street extends winning run

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | 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 matter where they are. Like what you … Read more

On the 20th anniversary of Google’s IPO, Cramer talks owning for long haul

On the 20th anniversary of Google’s IPO, Cramer talks owning for long haul

On the 20th anniversary of Google‘s market debut, CNBC’s Jim Cramer looked back on the stock’s impressive climb and advised investors to stick with good companies for the long term, even if it means shouldering some short term losses. He first addressed Monday’s Wall Street action, noting the market’s eight-day winning streak. These kinds of … Read more

Palo Alto Networks CEO talks ‘platformization’ bundling strategy: ‘there’s no going back’

Palo Alto Networks CEO talks ‘platformization’ bundling strategy: ‘there’s no going back’

After Palo Alto Networks reported an earnings beat on Monday, CEO Nikesh Arora told CNBC’s Jim Cramer about his company’s “platformization” strategy, saying it’s important for the cybersecurity outfit’s long-term success. “It doesn’t matter whose platform you buy, you can’t go back. You can’t go back to point solutions and start stitching them. It’s like, … Read more

Wall Street extends winning run

Wall Street extends winning run

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | 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 matter where they are. Like what you … Read more