CNBC’s Jim Cramer said Friday that the market’s become “incredibly overconfident” following the Iran-U.S. ceasefire news, which caused a massive rally in stocks this week. The S&P 500 closed Friday up 3.6% week to date. Gains were fueled by President Donald Trump‘s two-week pause on Iranian strikes, announced late Tuesday, which gave the market a…
A rendering of plans for a 250-foot triumphal arch in Washington, D.C. Courtesy: Harrison Design | U.S. Commission of Fine Arts New architectural drawings of President Donald Trump‘s controversial proposed “triumphal arch” released on Friday show a 250-foot structure standing across the Potomac River from the Lincoln Memorial in Washington, D.C. The drawings, submitted by…
Vice President JD Vance and Treasury Secretary Scott Bessent last week questioned leading tech CEOs about the security of artificial intelligence models and how to respond to cyber attacks before Anthropic released its new Mythos model, CNBC has learned. The meeting occurred over the phone, according to a person familiar with the matter who asked…
Michael Burry attends “The Big Short” New York premiere at the Ziegfeld Theater in New York, Nov. 23, 2015. Andrew Toth | Filmmagic | Getty Images Michael Burry is sticking with his bearish wager against Palantir Technologies, even after a public endorsement from President Donald Trump helped lift the stock. The investor of the “Big…
Artiemedvedev | Istock | Getty Images The average tax refund is 11.1% higher so far this season, compared with about the same period in 2025, according to the latest IRS filing data. As of April 3, the average refund amount for individual filers was $3,462, up from $3,116 about one year ago, the IRS reported on Friday. The IRS…
CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit, at Carnegie Mellon University in Pittsburgh, Pennsylvania, U.S., July 15, 2025. Nathan Howard | Reuters President Donald Trump lauded Palantir in a post to Truth Social on Friday as the artificial intelligence software stock headed for a 15% weekly plunge and short…
Samuel Boivin | Nurphoto | Getty Images The White House last month warned staff in an email not to make prediction markets bets related to the Iran war, a Trump administration official confirmed Friday. The warning came amid increasing concern about insider trading on prediction markets such as Polymarket after a series of suspiciously timed…
Trucks and tractors block O’Connell Street in the centre of the city, as protests continue for a third day against the rising cost of fuel due to the Middle East crisis, in central Dublin on April 9, 2026. (Photo by Paul Faith / AFP via Getty Images) Paul Faith | Afp | Getty Images Protests…
U.S. Vice President JD Vance speaks to the media before boarding Air Force Two for expected departure to Pakistan for talks on Iran, at Joint Base Andrews, Maryland, U.S., April 10, 2026. Jacquelyn Martin | Via Reuters Vice President JD Vance said on Friday that he thinks negotiations with Iran to end the six-week war…
Chinese President Xi Jinping met with Kuomintang party chair Cheng Li-wun in Beijing on Friday, the first encounter between Xi and a sitting Taiwanese opposition leader in nearly a decade. In a readout released by Chinese state media, Xi said Beijing “welcomes any proposals conducive to the peaceful development of cross-strait relations.” That’s according to…
