Investing & Retiring

Federal Reserve Chairman Jerome Powell changed course and finally made the correct policy decision by indicating the Fed is stalling interest rate increases for the year, CNBC’s Jim Cramer said Thursday. “I thought that Jay was great [Wednesday],” Cramer told “Squawk Box,” referring to Powell’s news conference at the conclusion of the central bank’s two-day
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Shares of British Columbia-based Tilray jumped after the bell Monday after it reported that its cannabis sales more than doubled over the last year. The company said fourth-quarter revenues of $15.5 million buoyed 2018 sales to $43.1 million, up 110 percent compared to last year. The surge was driven by bulk sales, the first months
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Economic forecaster Lakshman Achuthan is warning investors they could get scorched by one of 2019’s most popular groups. Achuthan believes the semiconductor rally is showing signs of breaking down, and he’s blaming shipment demand. “Collapse comes to mind when you look at global demand for semiconductor chips,” he said Friday on CNBC’s “Trading Nation.” Achuthan,
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Innovative companies have been some of the biggest winners when the stock market rises and it’s a theme that established names should take note of, Cramer said. All of the major markets made gains during the session—the Dow Jones Industrial Average added about 148 points, the S&P 500 increased 0.7 percent to top 2,800, the
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