CNBC’s Jim Cramer Monday cautioned investors against dumping high-quality stocks in a market he says is being driven more by fear rather than fundamentals. “Stocks go down for all sorts of reasons, some good, some bad. Lately we’ve had a lot of bad, and tonight I want to straighten some things out,” Cramer said on…
The Micron Technology offices in San Jose, California, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Micron shares plummeted 10% on Monday, continuing the memory maker’s significant post-earnings sell-off. The company snapped a six-day slide on Friday with a modest gain, but with Monday’s loss, the stock is down 30% since its…
The U.S. Department of Labor headquarters building in Washington, June 21, 2024. J. David Ake | Getty Images News | Getty Images A rule that aimed to raise investment-advice protections for retirement savers has died in court — now, effectively, for the second time. Some legal experts said the outcome could lead unwary retirement investors…
The clock is ticking on Nike’s recovery. Without any signs of improvement, Jim Cramer said we may soon have to make a hard decision on the stock. “I want to wait until the fall before we cashier [Nike’s stock] and take the loss, or I see some green shoots by then,” Jim said Friday during…
Elon Musk looks on as President Donald Trump speaks at the U.S.-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, Nov. 19, 2025. Brendan Smialowski | Afp | Getty Images Judge Kathaleen McCormick of Delaware said Monday that she’s reassigning cases involving Elon Musk after the Tesla CEO accused…
Jose Luis Pelaez | Getty Images Student loan borrowers will soon be removed from the Saving on a Valuable Education, or SAVE, plan, the Trump administration announced on Friday. The Education Department said it would send guidance to the 7.5 million people who signed up for the now-defunct repayment plan. “In the guidance, the Department…
Federal Reserve Chair Jerome Powell, in a wide-ranging talk at Harvard University, said Monday that he sees inflation expectations as grounded despite rising energy prices so the central bank doesn’t need to respond with higher interest rates. As his term leading the central bank nears an end, Powell avoided questions about the longer-term direction of…
In 1973, OPEC proclaimed an oil embargo on the U.S. for its decision to resupply the Israeli military during the Yom Kippur war. The embargo lasted until March 1974, and during this time oil prices quadrupled. To control supply, the federal government under Nixon rationed oil, by state, to 1972 levels. By February 1974, it…
Bill Ackman, founder and CEO of Pershing Square Capital Management, attends the Milken Conference 2025 in Beverly Hills, California, U.S., May 6, 2025. Mike Blake | Reuters Billionaire investor Bill Ackman said the current market dislocation has created one of the most attractive entry points for high-quality companies in years, urging investors to look past…
A sign is displayed at the Department of Labor Frances Perkins Building on June, 2025, in Washington. Kevin Carter | Getty Images The Department of Labor on Monday proposed a rule that would allow 401(k) plans to more easily include alternative assets such as cryptocurrency, real estate and private market assets. The proposal is in…
