The U.S. economy does not need negative interest rates, CNBC’s Jim Cramer said Wednesday. “It’s a sign of weakness,” the “Mad Money” host said on “Squawk on the Street.” Cramer was responding to President Donald Trump’s suggestion on Tuesday that the Federal Reserve should continue lowering interest rates, possibly veering into negative territory, in order
Ferrari Roma Source: Ferrari Ferrari unveiled a new front-engine V-8 powerhouse called “the Roma” on Wednesday in its namesake city, expanding its offering of more comfortable touring rides. The company isn’t saying much yet about the Roma, its price or its exact features. But the car looks a bit like a coupe version of the
In this photo illustration, the Disney + logo is displayed on the screen of an Apple MacBook Pro computer on November 08, 2019 in Paris, France. Chesnot | Getty Images This is a developing story. Check back for updates. Credit Suisse raised its outlook for Disney shares after the company released the first-day numbers for
President Ronald Reagan signs the Social Security Act Amendment with Vice President George Bush (far r), Senator Bob Dole (2nd from l), and Congressmen Tip O’Neill (4th from r) and Daniel Moynihan (5th from r) on hand as witnesses. (Photo by © CORBIS/Corbis via Getty Images) Historical | Corbis Historical | Getty Images The year
Why would a 25-year-old medical student attend a summit on Alzheimer’s disease in the nation’s capital? And why is he thinking about dementia at all? Nihal Satyadev said he wants to change everyone’s perception of Alzheimer’s disease, and that includes young people. Members of his national endeavor—the Youth Movement Against Alzheimer’s (YMAA)—can be found in
The IRS wants us to know that it is getting really serious about abuse in the area of the syndication of conservation easements. IR-2019-182 issued on November 12 tells us: “The Internal Revenue Service announced today a significant increase in enforcement actions for syndicated conservation easement transactions, a priority compliance area for the agency. Financial
Although mood is hard to parameterize with data points, I believe that what is happening in our real … [+] estate market is substantially about mood. Canva A reporter recently asked me if the real estate market in 2019 resembled that in 2008. The instinctive answer, based on a similar decline in value averaging 20%
Mustang Lithium Source: Ford The new 2020 Shelby GT500, at 760 horsepower, is the most powerful, street-legal Mustang Ford has ever produced. But last week, the automaker pulled the wraps off another version of the classic “pony car” that makes it look almost anemic by comparison. Not surprisingly, Ford introduced the 900 horsepower Mustang Lithium
The “Fast Money” traders shared their first moves for the market open. Karen Finerman was a buyer of Disney. Dan Nathan was a seller of the SPDR S&P Retail ETF. Lori Calvasina was a buyer of small caps. Guy Adami was a buyer of PayPal. Disclosure Trader disclosure: Dan is Long TLT Dec call spread. XLP Nov
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 Wednesday: RBC initiated Apple as ‘outperform’ RBC said in its initiation of Apple that the company has strength in its balance sheet to deliver significant cash flow back to shareholders.