Tag: Markets

The housing market, explained in 6 charts

Prospective home buyers leave a property for sale during an Open House in a neighborhood in Clarksburg, Maryland on September 3, 2023.Roberto Schmidt...

With high prices and mortgage rates, aspiring and current homeowners feel ‘stuck’

A home available for sale is shown on May 22, 2024 in Austin, Texas. Brandon Bell | Getty ImagesWhen Rachel Burress moved into her...

We’re locking in great gains on shares of this stellar off-price retailer and padding our cash

We're selling 50 shares of TJX Companies at roughly $115. Following Friday's trade, Jim Cramer's Charitable Trust will own 750 shares of TJX,...

We are upgrading our rating on Wells Fargo as investors dump stock post-earnings

We don't like to see guidance misses, but bank interest income estimates depend on interest rates, which Wells Fargo has no real control...

Japan data suggests possible yen intervention of around $22 billion

A man walks past an electronic board showing the rate of the Japanese yen versus the US dollar along a street in Tokyo...

Here’s why Wells Fargo stock is down 7% despite the bank’s quarterly earnings beat

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 Friday's...

Elon Musk’s X deceives users and breaches online content rules, EU says

Elon Musk, chief executive officer of SpaceX and Tesla and owner of X, speaks at the Milken Conference 2024 in Beverly Hills, California,...

JPMorgan’s Jamie Dimon warns inflation and interest rates may stay higher

Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland...

Wholesale prices rose 0.2% in June, slightly hotter than expected

A measure of wholesale prices rose more than expected in June as Wall Street assesses when the Federal Reserve will feel comfortable cutting...

Wells Fargo shares tumble after net interest income falls short of estimates

Wells Fargo on Friday reported a 9% decline in net interest income, even though its second-quarter earnings and revenue exceeded Wall Street expectations.Here's...

‘Why would you tinker with it if it’s not broken?’: Economist on why the Fed may not cut rates in September

Jerome Powell, chairman of the US Federal Reserve, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on...

Ericsson shares rise after sales fall less than expected, North America returns to growth

Ericsson announced it is planning to cut jobs as part of its cost-cutting measures.Nurphoto | Nurphoto | Getty ImagesEricsson shares hit their highest...