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 session. The S & P 500 on Wednesday afternoon briefly sold off after it was reported that President Donald Trump…
U.S. Federal Reserve Chair Jerome Powell, left, and U.S. President Donald Trump. Nathan Howard | Jonathan Ernst | Reuters A new research note gaming out possible scenarios if President Donald Trump decides to fire Federal Reserve Chairman Jerome Powell warns that, regardless of what exactly happens next, “this would be a mess.” “We expect, as…
A measure of wholesale prices showed no change in June, providing a conflicting sign over whether tariffs threaten to boost inflation in the coming months. The producer price index was flat, according to seasonally adjusted numbers from the Bureau of Labor Statistics reported Wednesday. Economists surveyed by Dow Jones had been looking for an increase…
Elon Musk went on a posting spree Wednesday afternoon to slam President Donald Trump’s claim that the so-called “Epstein Files” are a lefty-created hoax. The world’s richest man, still just months removed from being Trump’s “First Buddy” before their explosive breakup, pointed out that Jeffrey Epstein’s right-hand woman, Ghislaine Maxwell, remains in federal prison for…
Donald Trump Jr. rings the opening bell on the New York Stock Exchange (NYSE) for the Texas-based firearm e-commerce platform GrabAGun where Trump is a member of the board on July 16, 2025 in New York City. Spencer Platt | Getty Images Shares of the online firearms retailer GrabAGun — whose shareholders and board members…
President Donald Trump returns to the White House, in Washington, D.C., from Pittsburgh, July 15, 2025. Celal Gunes | Anadolu | Getty Images President Donald Trump on Wednesday sharply criticized the bloc of his own political base who are publicly demanding the release of the so-called Jeffery Epstein files, calling them “weaklings” whose support he…
The White House has explained the source of a recurring mystery bruise on the back of Donald Trump’s right hand that appeared once again on Tuesday. Trump, 79, was spotted with a healthy dose of flesh-colored concealer on his right hand as he was photographed boarding Marine One at the White House on his way…
Things got a bit awkward during the White House Faith Office luncheon on Monday. Not only did President Donald Trump curse in front of faith leaders—calling Biden-era indictments against him “bulls–t”—he raged that he he had been investigated more than the gangster Al Capone, bragged he has “always made money,” and incorrectly claimed gas prices…
Key Points The U.S. and EU have the largest bilateral trade and investment relationship in the world, representing almost 30% of global trade in goods and services. Last year alone, the value of EU-U.S. trade amounted to 1.68 trillion euros ($1.96 trillion). That’s the equivalent of roughly 4.6 billion euros of trade per day. U.S….
Singapore’s economy grows 4.3% in second quarter, beating expectations Singapore’s economy grew at 4.3% year over year in the second quarter of the year, accelerating from 3.9% in the first quarter and beating expectations. The advance figure was higher than the 3.5% forecasted by Reuters. On a quarter-on-quarter basis, Singapore’s GDP grew by 1.4%, a…