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 moves : It’s been a volatile day on Wall Street. The S & P 500 wiped out earlier losses of roughly 1.5% on Tuesday and…
SHANGHAI, CHINA – AUGUST 14, 2025 – Tourists are visiting the Bund in Shanghai, China on August 14, 2025. Cfoto | Future Publishing | Getty Images Asia-Pacific markets were higher Wednesday, breaking ranks with Wall Street’s declines after U.S. and China exchanged blows in a renewed trade feud. U.S. President Donald Trump on Tuesday stateside…
Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Sept. 17, 2025. Kent Nishimura | Bloomberg | Getty Images Federal Reserve Chair Jerome Powell on Tuesday suggested the central bank is nearing a point where it will stop…
Students wait in line before the start a career fair at the New York University Polytechnic School of Engineering in the Brooklyn borough of New York. Michael Nagle | Bloomberg | Getty Images With a Georgetown degree and several internships under her belt, Christina Salvadore thought she’d be starting a career in New York City’s…
Federal Reserve Chair Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee at the Federal Reserve on September 17, 2025 in Washington, DC. Chip Somodevilla | Getty Images If any doubts remained about whether the Federal Reserve will be lowering its key interest rate later this month,…
Federal Reserve Bank of Cleveland President Beth Hammack attends the Federal Reserve Bank of Kansas City’s 2025 Jackson Hole Economic Policy Symposium, “Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy”, in Jackson Hole, Wyoming, U.S., August 21, 2025. Jim Urquhart | Reuters Cleveland Federal Reserve President Beth Hammack on Monday said the U.S. central…
U.S. President Donald Trump passes a document to Federal Reserve Chair Jerome Powell to fact-check the numbers during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | Reuters President Donald Trump posted on Saturday a cartoon image depicting him firing Federal…
Long-time market bull David Zervos is worried the Federal Reserve is overlooking how the artificial intelligence boom will impact the jobs market. “We could actually have a pretty strong growth economy. Your AI story… [is] something really pretty spectacular. But the job growth side of it is not nearly as comfortable as you would like…
Another Federal Reserve rate cut, another … rise in interest rates? That is the current dynamic across the Treasury yield curve — the real-time market rates — a week after the Fed’s first cut in policy interest rates in nearly a year. Many consumer loans, such as home equity and mortgages and credit cards —…
Initial claims for unemployment insurance were well below expectations last week, helping to douse caution at the Federal Reserve and elsewhere that the labor market is in danger. First-time filings for the week ending Sept. 20 totaled a seasonally adjusted 218,000, down 14,000 from the prior week’s upwardly revised figure and significantly less than the…
