These three LNG plays are worthy investments, Jim Cramer says

These three LNG plays are worthy investments, Jim Cramer says

CNBC’s Jim Cramer on Tuesday picked three liquified natural gas stocks investors should consider purchasing. “Two are pure plays on liquefied natural gas exports – a little dicier – and then one is a more diversified story, really perfect for home-gamers who are worried about volatility,” the “Mad Money” host said. Russia’s ongoing invasion of … Read more

JetBlue makes offer for Spirit in attempt to derail deal with Frontier

JetBlue makes offer for Spirit in attempt to derail deal with Frontier

new York CNN Business — JetBlue Tuesday made an unsolicited $3.6 billion offer for low-fare rival Spirit Airlines in an attempt to derail a proposed deal between Spirit and Frontier Airlines. JetBlue’s cash offer is about 33% more than the value of Frontier’s stock-and-cash offer for Spirit. Such a transaction would stop a combined Frontier … Read more

Bear market rally setting stage for correction: Morgan Stanley warns

Bear market rally setting stage for correction: Morgan Stanley warns

A major Wall Street firm is on correction watch. Despite the latest market bounce, Morgan Stanley’s Mike Wilson is bracing for an S&P 500 decline of at least 13% between now and September. Wilson cited technical headwinds on CNBC’s “Fast Money” on Monday. “It does have all the hallmarks of what I would call a … Read more

Joe Manchin opposes SEC climate disclosure rule

Joe Manchin opposes SEC climate disclosure rule

Chairman Joe Manchin, DW.Va., conducts a Senate Energy and Natural Resources Committee hearing on domestic and international energy price trends, in Dirksen Building on Tuesday, November 16, 2021. tom williams | CQ-Roll Call, Inc. | Getty Images Sen. Joe Manchin said Monday that he is “deeply concerned” about the new climate disclosures proposed by the … Read more

China could make a U-turn to stop its companies being kicked off Wall Street

China could make a U-turn to stop its companies being kicked off Wall Street

hong kong CNN Business — China is extending an olive branch to the United States in a bid to prevent Chinese firms from being kicked off the US stock market. The China Securities Regulatory Commission, the country’s top securities watchdog, has proposed changing a decade-old rule that forbids Chinese firms from sharing sensitive data and … Read more

Stock futures are flat after S&P 500 notches third straight week of gains

Stock futures are flat after S&P 500 notches third straight week of gains

Traders on the floor of the NYSE, March 25, 2022. Source: NYSE US stock index futures were flat during overnight trading Sunday, after the S&P 500 posted a third straight week of gains. Futures contracts tied to the Dow Jones Industrial Average slide 14 points. S&P 500 futures were flat, while Nasdaq 100 futures declined … Read more

Cramer’s week ahead: Brace for negativity

Cramer's week ahead: Brace for negativity

CNBC’s Jim Cramer on Friday advised investors to brace themselves against Wall Street’s negativity next week as concerns over a possible recession mount. “I do believe that our economy’s headed for a slowdown — that’s just what rate hikes do. But a slowdown doesn’t necessarily translate into a horrific, crash-landing recession. … There are many … Read more

Cramer’s week ahead: Brace for negativity

Cramer's week ahead: Brace for negativity

CNBC’s Jim Cramer on Friday advised investors to brace themselves against Wall Street’s negativity next week as concerns over a possible recession mount. “I do believe that our economy’s headed for a slowdown — that’s just what rate hikes do. But a slowdown doesn’t necessarily translate into a horrific, crash-landing recession. … There are many … Read more

Unemployment rate near prepandemic levels

Unemployment rate near prepandemic levels

A ‘We’re Hiring!’ sign is displayed at a Starbucks mario tama | Getty Images News | Getty Images The March jobs report showed unemployment rates near pre-Covid levels across racial lines, with sharp improvements for Black workers, who have been hardest hit by the pandemic. The US unemployment rate overall dipped to 3.6% in March, … Read more

Stock futures bounce as investors assess start of new quarter, bond market recession indicator

Stock futures bounce as investors assess start of new quarter, bond market recession indicator

Stock futures rose early Thursday as investors assessed a new quarter of trading and a troublesome bond market recession indicator. Investors were also awaiting the official jobs report for March, which the Labor Department will release at 8:30 am ET on Friday. Dow futures gained 91 points, or 0.3%. S&P 500 futures added 0.2% and … Read more