Cramer says two recent earnings reports may indicate a slowdown is brewing — but not enough for a Fed cut
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Cramer warns against 'meme stock mania,' says to sell GameStop and AMC
AMC and GameStop soared after "Roaring Kitty," the man who helped bring on 2021's enormous short squeeze, posted online for the first time in about three years.CNBC - Business -
Cramer says new AI technology can't help bring down inflation just yet
CNBC's Jim Cramer on Monday said he is hopeful new AI technology will cut costs, but it will not help lower interest rates any time soon.CNBC - Business -
Cramer says Ford and General Motors are big winners after Biden raises tariffs on Chinese imports
CNBC's Jim Cramer said a host of other stocks will also benefit, like First Solar, Texas Instruments, Owens & Minor and Becton Dickinson.CNBC - Business - Joe Biden -
OPEC+ Potential Extension of Output Cuts Isn't Done Deal, Goldman Says
OPEC+ is expected to extend output cuts at its June meeting, but recent mixed messages from Russia and Iraq suggest no final decision has been made yet, Goldman Sachs said.The Wall Street Journal - World -
UK wage growth stays high despite hiring slowdown
Rise of 5.7% in three months to March expected to reinforce divisions among rate-setters at the Bank of EnglandFinancial Times - Business - United Kingdom -
Hold my beer…6 emerging cities in the craft brew scene
Why not get off the beaten brewery path and try something new? Many places across the country are emerging as bona fide craft beer hot spots.MarketWatch - Business -
Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period.NBC News - Top stories - Federal Reserve -
Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady
Speaking to the Foreign Bankers' Association, the central bank leader noted that the rapid disinflation that happened in 2023 has slowed considerably this year.CNBC - Business - Federal Reserve -
Mester Says Fed in 'Really Good Place' to Study Economy Before Charting Rate Path
The Cleveland Fed president said she wasn’t eager to consider interest-rate hikes.The Wall Street Journal - World - Federal Reserve -
'Serial child rapist' on the run for more than 2 decades arrested in Missouri, feds say
A "serial child rapist" was arrested in Missouri after more than two decades on the lam, according to the U.S.NBC News - Top stories -
Sony Names Two PlayStation CEOs, Says PS5 Growth Is Likely Over
The PS5 might be outselling its chief competitor, but it seems that its overall sales have slowed in recent months. In a recent financial report, Sony said that PS5 sales are down 29% year-over-year in the last fiscal quarter, and it further ...GameSpot - Tech - Playstation -
Red Lobster may file for bankruptcy by end of May: report
Red Lobster is expected to file for bankruptcy by the end of the month, according to a new report, which came a day after the seafood restaurant chain abruptly closed dozens of locations.MarketWatch - Business -
Commanders cut Jake Fromm
Jake Fromm was the odd man out in Washington's crowded quarterback room.Yahoo Sports - Sports - NFL -
Thyssenkrupp Cuts Guidance Again
Thyssenkrupp again cut its sales and profit forecasts for its fiscal year after write-downs and contracts to offset carbon emissions hit its second-quarter results.The Wall Street Journal - World -
Almost half of recent homebuyers stretch to make on-time mortgage payments: Study
Nearly half of new homebuyers in a recent survey said they are struggling to pay their mortgages on time, but many said they are still happy they chose to buy when they did. According to the survey, conducted by real estate experts at Clever, 43 ...The Hill - Politics -
No evidence foreign students abusing UK graduate visa, says report
Universities would lose income and cut courses if a post-study visa were axed, a report warns.BBC News - Top stories - United Kingdom -
New report says attacks on law enforcement increased, but fewer killed in 2023
Assaults against law enforcement officers with firearms are on the rise, according to a new FBI report.CBS News - Top stories