Cramer blasts DC for failing to pass more stimulus: ‘They hated each other and they blew it’
CNBC’s Jim Cramer on Tuesday took aim at the federal government’s failure to pass another coronavirus stimulus relief bill to aid ailing small businesses. “They blew it. They can talk all they want, they blew it,” said Cramer, an owner in...
Home prices rose 4.8% in July, according to Case-Shiller index
People wait to visit a house for sale in Garden City, Nassau County, New York, the United States, on Sept. 6, 2020. Xinhua News Agency | Getty Images Strong demand from homebuyers in July, coupled with rock-bottom mortgage interest rates,...
Stocks making the biggest moves midday: Snap, Devon Energy, Virgin Galactic, UPS, Chevron & more
Evan Spiegel, co-founder and chief executive officer of Snap Inc., speaks during the New Work Summit in Half Moon Bay, California, U.S., on Monday, Feb. 25, 2019. David Paul Morris | Bloomberg | Getty Images Check out the companies making...
K-pop sensation BTS’ label prices IPO at top end of range
South Korean boy band BTS backstage during the 61st Annual GRAMMY Awards at Staples Center on February 10, 2019 in Los Angeles, California. John Shearer | Getty Images Entertainment | Getty Images SINGAPORE — Shares of Big Hit Entertainment, the music...
The ‘black hole’ of unemployment benefits: Six months into the pandemic, some are still waiting for aid
Sam Fornasiero Sam Fornasiero For an instant, luck seemed to change for Sam Fornasiero. The 21-year-old’s phone call was put on hold — a noteworthy improvement relative to the 2,000-plus prior attempts to reach New Jersey’s unemployment bureau, by his estimation....
Stocks making the biggest moves midday: Tesla, Costco, Royal Caribbean & more
Tesla vehicles are displayed in a Manhattan dealership on September 08, 2020 in New York City. Spencer Platt | Getty Images Check out the companies making headlines in midday trading: Bristol-Myers Squibb — Shares of the pharmaceutical company rose 1.2%...
Stocks making the biggest moves in the premarket: Costco, AstraZeneca, Novavax, Harley & more
Take a look at some of the biggest movers in the premarket: Costco (COST) – Costco reported quarterly earnings of $3.04 per share, 20 cents a share above estimates. The warehouse retailer’s revenue also beat Wall Street forecasts. Comparable-store sales...
China’s massive bond market will be more accessible to foreign investors next year
A Chinese national flag seen in front of Oriental Pearl Tower in Shanghai on September 8, 2019. Alex Tai | SOPA Images | LightRocket via Getty Images SINGAPORE — Major index provider FTSE Russell said Thursday it will add Chinese government...
Market’s wild swings should fade because true fear is absent, Allianz Global’s Mona Mahajan predicts
With a little more than five weeks before Election Day, Allianz Global Investors’ Mona Mahajan speculates the worst of the correction is behind the market. She believes true fear on Wall Street is absent, and the current level of uncertainty...
New home sales crush expectations, but the supply is running out
Exceptional demand for new and existing homes, brought on by the stay-at-home culture of the coronavirus pandemic, has the housing market severely depleted. Sales of newly built homes jumped to the highest level in 14 years in August, but builders’...
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