President Donald Trump‘s proposed 50% tariff on Brazilian imports is bad news for coffee drinkers. Brazil, the largest U.S. supplier of green coffee beans, accounts for about a third of the country’s total supply, according to data from the U.S. Department of Agriculture. Coffee beans need to grow in a warm, tropical climate, making Hawaii…
Republican presidential nominee and former U.S. President Donald Trump speaks during a press conference at Trump Tower in New York City, U.S., September 6, 2024. David Dee Delgado | Reuters A federal appeals court in New York on Thursday upheld a civil jury verdict that found President Donald Trump liable for sexually abusing and defaming…
Bitcoin climbed to new all-time high on Thursday, building on its previous record reached just a day earlier, as investors jumped into risk assets and liquidated short positions. The price of the flagship cryptocurrency was last higher by more than 2% at $113,670.79. Earlier, it rose as high as $113,863.18. Earlier, it rose as high…
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 is nicely higher on Thursday, overcoming the market’s soft open. Stocks are shrugging off concerns about tariffs on copper…
Federal Reserve Board Chairman Jerome Powell holds a news conference following a Federal Open Market Committee meeting on June 18, 2025 in Washington, DC. Win Mcnamee | Getty Images President Donald Trump‘s budget chief on Thursday said that Federal Reserve Chairman Jerome Powell “has grossly mismanaged the Fed” and suggested he had misled Congress about…
Omar Marques | Lightrocket | Getty Images Microsoft‘s Outlook email service malfunctioned for several hours Wednesday and Thursday, prompting some people to post on social media about the inability to reach their virtual mailboxes. The issue began at 6:20 p.m. Eastern time on Wednesday, according to a dashboard the software company maintains. It affected Outlook.com as well…
There’s no better time to stick with Costco than right now, Jim Cramer says, on the back of the company’s solid June sales report late Wednesday. “You’re going to want to stay with Costco because that’s going to be the way you fight inflation,” Jim said Thursday on “Squawk on the Street,” a day after…
Halfpoint Images | Moment | Getty Images President Donald Trump’s signature on his so-called “big beautiful bill” was a death blow for tax credits that lowered the cost of electric vehicles. Those tax credits — worth up to $7,500 and $4,000 for purchases of new and used EVs, respectively — won’t be available after Sept….
Boxes are selected on a conveyor belt during Cyber Monday at Amazon’s fulfillment center in Robbinsville, New Jersey, U.S., December 2, 2024. Eduardo Munoz | Reuters Daphnee Poteau, a Haitian who came to the U.S in 2023, began working for Amazon last year at a returns center in Indianapolis. While packing up boxes, she met her husband…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. Wall Street was mixed Thursday, with the S & P 500 higher and the Nasdaq lower. Modest moves in the indexes again masked a rotation out of higher-multiple stocks…
