Sometimes, CNBC’s Jim Cramer is content with taking things at face value. That’s at least how the “Mad Money” host felt about the U.S. Labor Departments nonfarm payroll report on Friday, which showed healthy job growth with little inflation. “The jobs report, frankly, had something for everyone,” Cramer said. “Good manufacturing growth, … tame wage […]
Read moreIf someone had told CNBC’s Jim Cramer that he would someday see nonfarm payrolls increase by 228,000 without an immediate rise in interest rates, he would’ve called them insane. But that’s exactly what Friday’s jobs report from the U.S. Department of Labor showed, with jobs in education and health services, professional services and manufacturing making […]
Read moreCNBC’s Jim Cramer is always on the hunt for strong secular growth trends, and lately, he’s been eyeing one that he just can’t seem to brush off: protein and millennials’ obsession with it. “I know this sounds silly. They made fun of me on ‘Squawk on the Street‘ when I said it. ‘They like protein.’ […]
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Sometimes, CNBC’s Jim Cramer is content with taking things at face value. That’s at least how the “Mad Money” host felt about the U.S. Labor Departments nonfarm payroll report on Friday, which showed healthy job growth with little inflation. “The jobs report, frankly, had something for everyone,” Cramer said. “Good manufacturing growth, … tame wage […]
Read moreHere’s a round-up of the most important deals in venture capital from the past week. Former Genentech executives Marc Tessier-Lavigne and Ryan Watts took their start-up, Denali Therapeutics, public this week. They raised more than $248 million in their stock market debut. Denali is expected to be the largest initial public offering in the biotech […]
Read moreJ.C. Penney is the latest retailer to jump on the subscription box bandwagon. The Texas-based department store chain has partnered with Bombfell, a service similar to that of Stitch Fix and Trunk Club. And the first run of boxes will cater to Penney’s big and tall male customers, a demographic the company said is growing […]
Read moreBitcoin futures are expected to bring some stability to the wild cryptocurrency market, but not at the start. The Cboe is the first of three U.S. exchanges planning a futures product, and its contract, based on a single coin unit, launches at 6 p.m. ET Sunday. Some trading firms and brokers plan to stand back […]
Read moreThe beverage business needs to crack the code of how to prompt shoppers to buy on impulse online. The bulk of consumers still purchase their groceries in traditional brick-and-mortar stores, but analysts expect more to go digital. Skipping the grocery store and shopping online could put impulse purchases, and some profit, at risk. However, big […]
Read moreMicrosoft and Google are among companies that have expressed private concerns to Qualcomm about a Broadcom takeover, according to people familiar with the matter. The companies are wary of Apple’s potential influence over a deal, said the people, who asked not to be named because the discussions are private. They’re also worried about Broadcom’s reputation […]
Read moreDisclosure: Affiliates controlled by Eric Jackson have long positions in Disney and Netflix. Since David Faber first reported a few weeks ago on CNBC that Rupert Murdoch was looking to sell a substantial part of 21st Century Fox‘s assets to Disney, many media onlookers have wondered: why? Enough has leaked out to provide 2 plausible […]
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