business news

28 Mins AgoDoubleLine Gundlach says Fed's dot plot will show 2 cuts for 2024DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve's so-called dot plot will show a projection of only two rate cuts for this year, he said in…

19 Mins AgoGameStop shares in the red, Wedbush says Roaring Kitty boost is fadingGameStop shares slipped 1% in volatile trading Monday even after the meme stock had jumped in premarket trading.The video game company said it was selling…

CNBC's Jim Cramer reviewed Tuesday's market action, suggesting to investors the moves may be a good setup for rate cuts."You get a day like today, it's a work in progress toward a rate cut, hence why we rebounded in the late afternoon,"…

"Spaving," or spending more to save more, has become a dangerous habit for cash-strapped Americans amid elevated inflation and mounting debt.Though inflation eased in April, the consumer price index was still up 3.4% from a year prior. …

14 Mins AgoGameStop rises in extended trading after latest Reddit postShares of GameStop were up 3% in after-hours trading, building on a 21% gain during regular market hours.The latest move came after another Reddit post that appeared…

23 Mins AgoNvidia announces latest AI chip modelNvidia announced new AI chips on Sunday before its latest model has even shipped to customers.The new chip model is called "Rubin." Nvidia had announced its "Blackwell" chips in March.…

Traders work on the floor of the New York Stock exchange during morning trading on May 17, 2024.Michael M. Santiago | Getty ImagesU.S. stock futures ticked lower Thursday night as investors reviewed a flurry of corporate earnings ahead…

CNBC's Jim Cramer on Wednesday reviewed the rise of several market-leading giants. He suggested Nvidia could soon surpass Microsoft's market capitalization but explained why some on Wall Street are suspicious of the artificial…

18 Mins AgoSalesforce by itself is poised to slice 281 points off the Dow Industrials at Thursday's openSalesforce Inc. is poised to chop 281 points off the Dow Jones Industrial Average at Thursday's market open, based on its postmarket…

15 Mins AgoSilver heads for best month since 2020Silver is on track for its best month in nearly four years.The metal has climbed nearly 20% so far in May, putting it on track for its third straight positive month. That gain would also…