FTX spokesman Kevin O’Leary says he lost $15 million crypto payday

Investor, “Shark Tank” judge and CNBC contributor Kevin O’Leary said Thursday he’s lost all of the $15 million FTX paid him to act as a spokesman for the now-collapsed crypto e...

Justice Department tells bankers to confess their misdeeds

U.S. prosecutor Marshall Miller (C), William Nardini (R) and Kristin Mace attend a news conference in Rome February 11, 2014. Tony Gentile | Reuters Banks and other corporations that proactively repor...

Jim Cramer’s Investing Club meeting Wednesday: China, Danaher, Apple

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 Wednesday’s key moments. Buy and hold EL Possible...

Here are 3 ways Gen Z workers can start saving now for retirement

Luis Alvarez | Digitalvision | Getty Images If you’re just out of college, you may be wondering when the right time is to get started with a retirement savings plan. The answer is now, experts s...

What to watch Club holding Costco reports quarterly results Thursday

Club holding Costco Wholesale (COST) is set to report its fiscal first-quarter results on Thursday after the closing bell, and we’ll be looking to see the impact on profitability at the retailer...

Wells Fargo, BofA CEOs say consumer demand is cooling, recession looms

Many shoppers say they plan to spend less this Black Friday as the cost-of-living crisis bites. Richard Baker | In Pictures | Getty Images American consumers are tapping the brakes on spending as the ...

Activist investor calls for BlackRock CEO Fink to step down over ESG ‘hypocrisy’

Larry Fink, Chairman and C.E.O. of BlackRock arrives at the DealBook Summit in New York City, November 30, 2022. David Dee Delgado | Reuters LONDON — BlackRock CEO Larry Fink is facing calls to step d...

Oil plunge, tech collapse and Fed cuts? Strategist shares possible 2023 market ‘surprises’

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for financial markets, Standard Chartered outlin...

I like Advanced Micro Devices over Micron

Nu Holdings Ltd: “I’ve got U.S. financials, which until last Friday were just coming in with a head of steam. And I still like them and I would be a buyer of them, not that.” SGHC Li...

Charts suggest the market is in for a ‘bumpy ride,’ Jim Cramer says

CNBC’s Jim Cramer on Tuesday warned investors that the market’s volatility will likely continue as its recent run loses steam. “The charts, as interpreted by Jessica Inskip, suggest ...

Jim Cramer says he expects ‘many layoffs’ at companies after Christmas

CNBC’s Jim Cramer on Tuesday predicted that more companies will trim their workforces after the holiday season. “I’m sure there’ll be many layoffs after Christmas. I don’...

Bank of America CEO Brian Moynihan on how he plans to trim its workforce

Brian Moynihan, chief executive officer of Bank of America Corp., speaks during a Bloomberg Television interview at the Goldman Sachs Financial Services Conference in New York, on Tuesday, Dec. 6, 202...

What to watch for as J&J gets ready to spin off its consumer unit

Johnson & Johnson (JNJ) is preparing next year to spin off its consumer health unit into a publicly traded company separate from its pharmaceutical and medical technology operations. Ahead of the ...

Jim Cramer urges investors to exit crypto – ‘it’s never too late’

CNBC’s Jim Cramer on Monday told investors that they still have time to sell their cryptocurrency holdings. “You can’t just beat yourself up and say, ‘hey, it’s too late ...

I can’t recommend Penn Entertainment

Penn Entertainment Inc: “Everybody’s in this darn business. … I do like Penn. They’re good guys, but I cant recommend the stock right now.” Symbotic Inc: “They̵...

Morgan Stanley cut about 2% of staff Tuesday, sources say

James Gorman, chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 24, 2019...

Fed can’t stop raising interest rates due to these 4 factors

CNBC’s Jim Cramer on Monday listed four reasons why the Federal Reserve can’t stop tightening the economy just yet. Not enough people are reentering the workforce. That makes it more diffi...

Jim Cramer’s Investing Club meeting Tuesday: Bank pick, layoffs play

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. WFC is a buy Still like PG...

Sam Bankman-Fried’s Robinhood stake is tied up in FTX bankruptcy proceedings, CEO Tenev says

Robinhood Markets, Inc. CEO and co-founder Vlad Tenev and co-founder Baiju Bhatt pose with Robinhood signage on Wall Street after the company’s IPO in New York City, U.S., July 29, 2021. Andrew ...

Jamie Dimon says inflation eroding consumer wealth may cause recession next year

JPMorgan Chase CEO Jamie Dimon said that inflation could tip the U.S. economy into recession next year. While consumers and companies are currently in good shape, that may not last much longer, Dimon ...

Herbalife, GitLab, Textron and more

Take a look at some of the biggest movers in the premarket: Herbalife Nutrition (HLF) – Herbalife tumbled 9.8% in premarket trading after the nutrition and health products company announced a $250 mil...

Jim Cramer’s Investing Club meeting Monday: Oil sale, Starbucks

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 Monday’s key moments. Trimming HAL SBUX downgrade...

U.S.-listed Chinese stocks rally as investors turn bullish on reopening shift

Alibaba headquarters in Hangzhou, China. Bloomberg | Bloomberg | Getty Images Shares of Chinese companies listed in the U.S. jumped Monday after China loosened more Covid restrictions to accelerate th...

These 10 cars have the greatest potential lifespan

New cars are getting increasingly expensive. But they’re also more durable than before, which means drivers have a better chance of getting their money’s worth. As the average transaction ...

Tax strategy that may offset losses – but investors need to act now

Investors may get a wake-up call this winter when it comes to taxes, but it doesn’t have to be that way. According to BNY Mellon’s Ben Slavin, it’s a key time to sell losing investme...

Let Extreme Networks cool off before buying

Paramount Group Inc: “It is very inexpensive, but at the same time, I don’t like office real estate. So, I am torn on it.” Uranium Energy Corp: “There are no consistent brands ...

Jim Cramer says these 3 apparel stocks benefit from return to office

CNBC’s Jim Cramer on Friday offered investors a list of clothing stocks that he believes will see upside as workers continue returning to the office. “After the huge run in the apparel sto...

Markets need a strong job market, tame inflation

CNBC’s Jim Cramer on Friday told investors that stocks could see another strong week of trading, given the right economic conditions. “As the year winds down, the holidays will become more...

Activision acquisition would be good for Microsoft and the overall stock market

Microsoft ‘s (MSFT) nearly $69 billion cash offer to buy video game giant Activision Blizzard (ATVI) has been under tremendous scrutiny since it was first announced back in January. But at least...

Goldman Sachs bonus pool shrinks

David Solomon, chief executive officer of Goldman Sachs, speaks during the Milken Institute Global Conference in Beverly Hills, April 29, 2019. Patrick T. Fallon | Bloomberg | Getty Images Goldman Sac...

35% of millionaires say they won’t have enough to retire, report finds

A cool $1 million is not what it used to be. There are more millionaires in the U.S. and globally than ever before, with nearly 24.5 million millionaires nationwide as of 2022, according to the latest...

Jim Cramer says he likes these 3 restaurant stocks

CNBC’s Jim Cramer on Thursday offered investors a list of his favorite stocks in the restaurant industry that he believes will do well as the economy eventually stabilizes. “Maybe the econ...