Why Jim Cramer is optimistic after Magnum Ice Cream’s IPO
CNBC’s Jim Cramer on Thursday explained why he’s fairly positive on Magnum Ice Cream Company, which made its Wall Street debut earlier this week after spinning off from consumer giant Unilever. “We finally, by the grace of God — or at least, the grace of Unilever — have a pure Continue Reading
Fed votes to reappoint all of its regional bank presidents
Renovation work continues on the Marriner S. Eccles Federal Reserve Board Building, the main offices of the Board of Governors of the Federal Reserve System on December 9, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images The Federal Reserve on Thursday reappointed 11 of its Continue Reading
Rivian CEO RJ Scaringe on new AI tech, autonomous driving and more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau talks with Rivian CEO RJ Scaringe after the electric vehicle maker announced new AI tech, an in-house chip and robotaxi ambitions at the company’s first “Autonomy and AI Day” in Palo Alto, California.
Lululemon CEO Calvin McDonald will depart in January
Calvin McDonald, CEO of lululemon athletica inc., is interviewed by CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 29, 2023. Brendan Mcdermid | Reuters Lululemon announced Thursday its CEO Calvin McDonald will step down effective Jan. 31 following a year of Continue Reading
Case for more Fed rate cuts could rest on ‘systematic overcount’ of jobs
In the Federal Reserve’s battle between fighting inflation and limiting unemployment, the latter side carried the day Wednesday and could also have an edge heading into 2026 if labor market weakness becomes more evident through an apparent overcounting of jobs numbers. In the immediate term, worries over the employment situation Continue Reading
VanEck turns online slang into strategy with ‘Degen Economy’ ETF
The logos of the cryptocurrencies Bitcoin (BTC), Ethereum (ETH), the stablecoin Tether (USDT) and Binance Coin (BNB) can be seen on the trading platform CoinMarketCap. Silas Stein | Picture Alliance | Getty Images VanEck is betting that what started as a slang for reckless online traders can sell an ETF. Continue Reading
Trump willing to seize more oil tankers off Venezuela coast: White House
President Donald Trump is willing to seize more oil tankers off the coast of Venezuela, a White House official told CNBC on Thursday. The U.S. seized a tanker on Wednesday that had allegedly transported oil from Venezuela to Iran. The action comes as Trump escalates pressure on President Nicolas Maduro. Continue Reading
Why single-income households are ‘a bygone era,’ according to experts
Achieving the American Dream doesn’t look the way it used to. Over the years, societal and labor market changes, along with higher prices for everything from health care to higher education, have chipped away at the traditional makeup of the American family, which relied on a singular breadwinner to attain Continue Reading
Trump says U.S. could keep seized oil
U.S. forces abseil onto an oil tanker during a raid described by U.S. Attorney General Pam Bondi as its seizure by the United States off the coast of Venezuela, Dec. 10, 2025, in a still image from video. U.S. Attorney General | Via Reuters After the U.S. military seized a Continue Reading
New quarters feature pilgrims, not civil rights
Commemorative quarter depicting a pilgrim. Source: U.S. Mint The U.S. Mint on Wednesday revealed special quarter-dollar coin designs for the U.S.’ 250th birthday featuring pilgrims and former presidents rather than previously floated civil rights themes. Designs considered ahead of next year’s anniversary included those focused on abolitionist Frederick Douglass and Continue Reading