U.S. importers will be facing many hurdles trying to recover billions in tariff costs now that the Supreme Court has ruled President Donald Trump‘s International Emergency Economic Powers Act, or IEEPA, tariffs are illegal. Companies large and small may be eligible for refund payments that in total could reach hundreds of billions of dollars, but…
The stock market staged a comeback last week, even as Wall Street waded through a flurry of both upbeat and unsettling headlines. The Nasdaq broke its five-week losing streak on Friday, buoyed by strong advances from our big tech names like Meta Platforms , Nvidia and Amazon . The tech-heavy index ended the week 1.9%…
The Supreme Court in Washington, Jan. 27, 2026. Al Drago | Bloomberg | Getty Images The Supreme Court may decide the fate of President Donald Trump’s tariff agenda as soon as Friday — and the ruling has implications for consumers’ wallets, according to economists. If the high court were to rule that certain tariffs are…
An assortment of Bath & Body Works products. Courtesy of Bath & Body Works Bath & Body Works Champagne Toast body wash, with no minimum shipping threshold, is now just a click away for Amazon Prime members. The mall-favorite brand is making some of its best-selling fragrances, body washes, hand soaps and candles available for…
Signage at an Anta Sports Products Ltd. pop-up store in Beijing, China, on Saturday, Aug. 24, 2024. Anta is scheduled to release earnings results on Aug. 27. Na Bian | Bloomberg | Getty Images Shares of Puma surged Tuesday after China’s Anta Sports said it would acquire a 29% from the French billionaire Pinault family,…
Jim Cramer and Jeff Marks, the Club’s director of portfolio analysis, on Thursday delivered updates on all 34 Club holdings during the January Monthly Meeting. Here are the highlights from the first meeting of 2026, starting with our four turnaround stories: 4 turnaround plays Nike: The apparel and sneaker retailer has shown real signs of…
Pickleball phenom Anna Leigh Waters has signed an apparel and footwear deal with Nike. Courtesy: Nike/Anna Leigh Waters Nike has signed a deal with No. 1-ranked pickleball player Anna Leigh Waters, making her the first pickleball athlete to join Nike’s roster. While the terms of the deal were not disclosed, Waters will represent Nike for…
My top 10 things to watch Thursday, Jan. 8 1. The S & P 500 was headed for a lower open this morning, retreating from its all-time intraday highs seen during the prior session. Fresh economic data this morning was largely positive. The index did, however, close lower yesterday after President Donald Trump said that…
CNBC’s Jim Cramer said Tuesday that early January trading shows how quickly emotion can take over markets at the start of the year, warning investors not to confuse momentum with durability. Cramer said the market is being driven by three groups: momentum traders chasing last year’s winners, “hope springs eternal” investors buying beaten-down stocks and…
We are selling 45 shares of BlackRock at roughly $1,129.80. Following the trade, Jim Cramer’s Charitable Trust will own 65 shares of BLK, decreasing its weighting to about 1.90% from about 3.10%. BlackRock is off to a great start to the new year. After a mostly disappointing 2025 in which shares gained about 6%, the…
