Investing

CNBC’s Jim Cramer raised concerns Friday about a major part of the U.S. economy. The “Mad Money” host said he’s feeling a new level of “anxiety about industrial” companies. “Small- and medium-sized businesses [are] doing well; big industrial just not doing well.” Smaller companies are faring OK because U.S. consumer activity, which accounts for two-thirds

Traders work after the closing bell at the New York Stock Exchange (NYSE) on August 12, 2019 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images For investors taking a breather from the chaos in August, buckle up as the market is about to go crazy again, Goldman Sachs warned.

(L to R) Afsaneh Mashayekhi Beschloss, Clifton S. Robbins, and Dr. Rajiv Shah during a panel discussion at the 2019 Delivering Alpha conference on Sept. 19. 2019. Adam Jeffery | CNBC Several investors have been wary of incorporating environmental, social and governance standards into their strategies. However, two investors think increased attention to ESG will

Steve Schwarzman speaking at the 2019 Delivering Alpha conference in New York on Sept. 19. 2019. Adam Jeffery | CNBC Steve Schwarzman, Blackstone CEO and one of the world’s best investors, learned early in his career that everyone makes mistakes. His biggest one as an investor was “disastrous.” Speaking Thursday at the Delivering Alpha conference

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., on Wednesday, July 31, 2019. Andrew Harrer | Bloomberg | Getty Images Federal Reserve Chairman Jerome Powell shut down the notion that the Fed would use negative rates as a tool

Lacy O’Toole | CNBC Berkshire Hathaway‘s executive Tracy Britt Cool is leaving the firm after a decade to start a company that replicates Warren Buffett’s business model. Cool, who joined Berkshire in 2009 as Buffett’s financial assistant, said she’s building an investment vehicle that acquires companies “too small for Berkshire,” The Wall Street Journal reported.

This is breaking news. Please check back for updates. DoubleLine Capital CEO and longtime bond investor Jeffrey Gundlach said Wednesday that the odds of a recession before the 2020 presidential election are rising.  “I think the economic data has gotten a little bit better, yet I still think, when we put it all together … it seems

Robert Bakish, chief executive officer of Viacom International Media Networks, speaks during a Bloomberg Television interview at the Mobile World Congress in Barcelona, Spain, on Tuesday, March 3, 2015. The event, which generates several hundred million euros in revenue for the city of Barcelona each year, also means the world for a week turns its

Simon Dawson | Bloomberg | Getty Images Saudi oil production will be fully back online by the end of September, the kingdom’s Energy Minister Prince Abdulaziz bin Salman told media during a press conference in Jeddah on Tuesday, sending oil prices down by nearly 6% just a day after their biggest jump in history. The

An employee wears an orange Home Depot Inc. apron at a store in New York. Mark Kauzlarich | Bloomberg | Getty Images Home Depot‘s massive investment plan is preventing margin expansion, according to Guggenheim. The firm downgraded the home improvement retailer’s stock to neutral and removed its $230 price target. “We find it difficult to

Federal prosecutors on Monday accused three J.P. Morgan precious metals traders, including the global head of base and precious metals trading, of participating in a racketeering conspiracy in connection with a multiyear scheme to manipulate the markets and defraud customers. The alleged scheme saw the nation’s largest bank by assets profit handsomely, while investors suffered

A woman fuels her SUV at an Exxon Mobile gas station in Chicago. Getty Images Oil prices are surging and if history is any guide, a handful of stocks are going to outperform the market over the next week. Drone Saudi Arabian oil facilities over the weekend forced the kingdom to cut its oil output

1. Dow to open near its July record highs Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on August 19, 2019 in New York City. Drew Angerer | Getty Images U.S. stock futures were pointing to about a 100-point advance for the Dow Jones

Tim Cook at the Apple launch event in Cupertino Calif. on Sept. 10th, 2019. Source: Apple Here are the biggest calls on Wall Street on Friday: Goldman Sachs lowered its price target on Apple to $165 from $187 Goldman lowered its price target and said it sees a 26% downside to shares due to the

Chesnot | Getty Images Netflix is missing out on the broader market’s rally, but don’t give up on the stock, says Piper Jaffray. The firm reiterated its overweight rating on the stock and its $440 price target. “Despite an onslaught of new streaming services currently casting a cloud of concern over NFLX shares, we expect

Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on August 19, 2019 in New York City. Drew Angerer | Getty Images News | Getty Images The market is inches away from reclaiming its all-time highs on renewed trade hopes, but things can change on

J.P. Morgan has placed two precious metals traders on leave — including the global head of base and precious metals trading — as the Justice Department’s criminal investigation into the firm’s trading practices continues. Michael Nowak, a managing director at J.P. Morgan who also heads the firm’s precious metals trading unit, was put on leave

The homepage of Intuit Inc.’s TurboTax website is displayed on a computer monitor in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images A software company created to help regular people navigate the complexities of the U.S. tax code just entered its 11th year of stock gains. Intuit, creator of TurboTax, is a stock that

Government bond yields recently held above an important level, but the next test may prove dangerous for the stock market. The benchmark 10-year Treasury note yield tested 1.5% in late August and early September, bouncing off that level and most recently trading around 1.8%. That’s the third time the barrier has been broken since the

Apple disputed the negative call by Goldman Sachs on Friday, which hit the stock, taking issue with the firm’s negative characterization on how Apple would account for its new TV+ service. Goldman said that the one-year free trial of the TV+ service would have a “material negative impact” on earnings by showing lower hardware profit