Author: Daniel snow
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. The stock market is lower on Tuesday, with the S & P 500 coming off a small gain Monday for its sixth positive session in a row. Trading was again choppy after Moody’s late Friday downgraded its rating on U.S. government debt. The 10-year Treasury yield briefly peaked above 4.5% again Tuesday. With all of the many differentiating data and messages on the state of the economy, Jim Cramer said, “We should just focus…
Trump’s budget cut would leave boaters, anglers and forecasters scrambling for info about tsunamis, hurricanes, and all things ocean. Source link
President Donald Trump arrives for a House Republican meeting at the U.S. Capitol on May 20, 2025 in Washington, DC. Tasos Katopodis | Getty Images News | Getty Images President Donald Trump failed during a visit Tuesday to Capitol Hill to sway key Republicans from blue states to drop opposition to a major tax bill, which they say does not go far enough in boosting so-called SALT deductions for their constituents.Opposition to the bill from the “SALT Caucus” threatens to derail the tax legislation, which Trump and House Speaker Mike Johnson, R-La., hope to see passed before Memorial Day weekend.This is…
The next Alphabet, Apple and Amazon are being built on the back of AI right now. Source link
A Walmart store is shown in Oceanside, California, U.S., May 15, 2025. Mike Blake | ReutersLast month, Walmart downplayed how much President Donald Trump’s tariffs would affect its business in front of a large audience of investors. CEO Doug McMillon pointed to other challenging times that the company had weathered — like the aftermath of 9/11 — and the CEO of its international business didn’t even bring up trade during a panel with global corporate leaders.The largest U.S. retailer struck a much different tone Thursday. On its earnings call and in CNBC interviews about its quarterly results, the company warned…
Justin Sun, founder of blockchain platform Tron, poses for a photograph in Hong Kong, May 8, 2020.Calvin Sit | Bloomberg | Getty ImagesChinese-born crypto mogul Justin Sun says he’s the top holder of the $TRUMP meme token and will be having dinner with President Donald Trump.The dinner competition — a sweepstakes offering gala access to the sitting U.S. president — was open to anyone in the world willing to spend millions of dollars on a digital coin tied to Trump.Late Monday night, Sun posted on X that he had secured the top spot in the $TRUMP token leaderboard, which earned…
When it comes to next-gen nuclear power, here’s why the Tennessee Valley Authority is thinking small. Source link
All the ways we find to set our hard-earned money on fire. Source link
Shares in Tesla Inc. recently traded nearly 2% higher, even as the S&P 500 index dipped, as Chief Executive Elon Musk said he planned to cut back on his political spending and declared that the car company’s sales are improving. Source link
When asked if he saw himself as CEO of Tesla ‘in five years’ time,’ Elon Musk said yes. Source link