Author: Daniel snow

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 update: The broader market is starting the new month and quarter on a volatile note. But there’s a big bifurcation happening underneath the surface, with many of the first-half winners and “momentum” stocks selling off hard while some of this year’s laggards and value names are catching a bid. Let’s take a look at how this rotation is playing out in the portfolio. Some of our big industrial winners like GE…

There are unspoken rules about how to behave in offices. Not everyone has gotten the memo. Source link

Fed's Powell says dollar swap lines remain important tool Source link

The positive technical indicator suggests momentum is building in bulls’ favor. Source link

U.S. infrastructure is barely getting a passing grade, and one of the fastest growing problems is climate change. Airports are flooding, bridges are melting from extreme heat, and telecommunications are getting slammed by increasingly extreme weather.In 2023, at Fort Lauderdale/Hollywood International Airport, historic rainfall turned runways into rivers, shutting down operations and stranding passengers. In New York City last summer, extreme heat caused metal on a bridge over the Harlem River to expand so much that the bridge got stuck open.Every single category of U.S. infrastructure is at growing risk from climate change — a finding by the American Society…

Clean energy stocks rose on Tuesday after a tax on solar and wind projects was removed from the Senate version of the One Big Beautiful Bill Act.Shares of NextEra Energy, the largest renewables developer in the U.S., rose nearly 3% after the Senate narrowly passed President Donald Trump’s bill on Tuesday. AES, a leading renewable provider, rose almost 2%. The megabill will now go to the House of Representatives, where lawmakers will consider the Senate’s changes. The clean energy industry was surprised and outraged to find over the weekend that a tax on wind and solar projects had been inserted…

Shares of Circle Internet Group turned higher as Wall Street applauded the stablecoin issuer’s move to try to establish a national digital-currency trust bank. Source link

Senate staffers rest on the U.S. Capitol steps at sunrise as Republican lawmakers struggle to pass U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 1, 2025. Nathan Howard | ReutersHow to read this guideFollow along from start to finish, or use the table of contents to jump to the section(s) you want to learn more about.Since 2018, the $10,000 cap on the state and local tax deduction, known as ‘SALT,’ has been a critical issue for certain lawmakers in high-tax states like New York, New Jersey and California.The SALT deduction —…

Trade wars causing a hiring freeze. Artificial intelligence taking human jobs away. An immigration crackdown shrinking the pool of available workers. There’s a lot to worry about U.S. jobs market these days. Source link

Halfpoint Images | Moment | Getty ImagesSenate Republicans on Tuesday passed President Donald Trump’s spending package, which includes a bigger child tax credit — but some families won’t see a benefit, policy experts say.Under current law, the maximum child tax credit is $2,000, which will revert to $1,000 after 2025 without changes from Congress. Wider income eligibility limits will also sunset without an extension.If enacted, the Senate bill would permanently raise the top credit to $2,200 starting in 2025. The provision would also index this figure for inflation after 2025.By contrast, the House-approved One Big Beautiful Bill Act would increase…