Pictured here is Louis Vuitton’s new cruise ship-shaped store in Shanghai, China, on June 28, 2025. Bloomberg | Bloomberg | Getty Images BEIJING — China’s economic slowdown isn’t discouraging U.S. and European brands from revamping their strategies to reach Chinese shoppers. Instead, the allure of the world’s second-largest consumer market is forcing companies to adapt…
CNBC’s Jim Cramer on Friday guided investors through next week on Wall Street, highlighting earnings reports from McCormick and Delta Air Lines as well as Dell‘s analyst meeting. He also suggested the economy outside of data center-related business is getting weaker and advocated for another rate cut from the Federal Reserve. “We have a lot…
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…
A logo of Japan’s high-tech giant Hitachi at an exhibition in Tokyo on October 29, 2013. Hitachi announced its group net profit rose 8.8 percent in the first half of the fiscal year, from a year earlier to 32.77 billion yen as the weaker yen and cost-cutting. AFP PHOTO / Yoshikazu TSUNO (Photo credit should…
Gregg Donovan displays a sign at the El Capitan Entertainment Centre, where “Jimmy Kimmel Live!” is recorded to celebrate the show’s return on Hollywood Boulevard in Los Angeles, California, U.S. on Sept 23, 2025. Gabriel Cortes | CNBC The image for Disney and its streaming service plunged to multiyear lows after pulling comedian Jimmy Kimmel…
Shares of USA Rare Earth jumped in extended trading Thursday, after CEO Barbara Humpton told CNBC that the rare earth miner is “in close communication” with the White House. Humpton’s comment comes after the Trump administration took a 5% equity stake in Lithium Americas this week. The Defense Department took a 15% stake in rare…
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. Markets: The S & P 500 wasn’t doing much Thursday, the second day of the federal government shutdown. The broad market index started the day modestly…
Pavlo Gonchar | Lightrocket | Getty Images Fair Isaac, the creator of the FICO score, saw shares rally more than 20% on Thursday after it unveiled a new pricing model that will allow mortgage lenders to bypass credit bureaus for credit scores. The Montana-based data analytics company said it would license its credit scores directly…
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Warren Buffett’s Berkshire Hathaway announced Thursday it reached a deal to buy Occidental Petroleum’s petrochemical unit, OxyChem, for $9.7 billion in cash. The deal marks Berkshire’s largest since 2022, when it paid $11.6 billion for insurer Alleghany….
Vlad Tenev, chief executive officer of Robinhood Markets Inc., during the Token2049 conference in Singapore, on Thursday, Oct. 2, 2025. Bloomberg | Bloomberg | Getty Images The tokenization of real-world assets, from stocks to real estate, will spread to financial markets around the world, according to Robinhood Markets Chief Executive Officer Vlad Tenev. “Tokenization is…
