January’s Consumer Price Index (CPI) saw inflation rise by 0.5% month-over-month and 3.0% year-over-year, as reported by the US Bureau of Labor Statistics (BLS), above economist estimates for 0.3% monthly and 2.9% annually. One particular caveat to this hotter-than-expected inflation print is “this is the month of January, lots of businesses raised prices during this […]
Family members visit the crash site on the banks of the Potomac River, where American Airlines flight 5342 collided with a US Army military helicopter, at Ronald Reagan Washington National Airport in Arlington, Virginia, on February 2, 2025. Tasos Katopodis | Getty Images News | Getty Images All 67 victims in last week’s deadly collision […]
Many consumers are rightfully concerned about escalating trade tensions. President Donald Trump on Saturday said he would impose 25% tariffs on goods from Mexico and Canada, and 10% tariffs on goods imported from China. He also signaled that tariffs on the European Union could be next. While Trump has agreed to halt the implementation of tariffs against Canada for at least 30 days […]
Bottles of Pepsi soda are seen on display at a Target store on February 09, 2024 in the Flatbush neighborhood of Brooklyn borough New York City. Michael M. Santiago | Getty Images PepsiCo reported mixed quarterly results on Tuesday as demand for its snacks and drinks fell in North America for the fifth straight quarter. […]
Jakub Porzycki | Nurphoto | Getty Images China unveiled a series of retaliatory measures against the U.S. on Tuesday, shortly after U.S. tariffs on Chinese goods kicked into effect, raising concerns of a broader trade war between the world’s two largest economies. China’s finance ministry said Tuesday it will impose additional tariffs of 15% on […]
CNBC’s Jim Cramer unpacked Monday’s market action, saying investors shouldn’t be shocked by President Donald Trump’s steep tariff hikes, which he promoted during his campaign. “Stop panicking when Trump does something you think is crazy, and remember that he promised to do most of this stuff before he was elected, and he still won,” Cramer […]
Dick Kramlich, founder of New Enterprise Associates, discusses on “Sexism in the valley” during the third day of Web Summit in Altice Arena on Nov. 8, 2017 in Lisbon, Portugal. Horacio Villalobos | Corbis News | Getty Images Dick Kramlich, the venture capital pioneer who co-founded New Enterprise Associates almost 50 years ago and built […]
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. Market update: The S & P 500 initially fell on Monday after President Donald Trump announced tariffs on goods from Canada, Mexico, and China over the […]
Mexico’s President Claudia Sheinbaum gestures as she speaks about U.S. President Donald Trump’s policies during a press conference at the National Palace, in Mexico City, Mexico January 21, 2025. REUTERS/Henry Romero Henry Romero | Reuters President Donald Trump on Monday said that he is pausing for one month his new 25% tariff on goods entering […]
U.S. President-elect Donald Trump and Bitcoin. Cheney Orr | Dado Ruvic | Reuters Cryptocurrencies tumbled in a risk-off move after President Donald Trump hit Canada, Mexico and China with long-threatened import tariffs. The price of bitcoin fell 2% Monday to $95,722.77, down from a price above $102,000 before the weekend, according to Coin Metrics. The […]
