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CNBC's Jim Cramer reviewed last week's nonfarm payroll report and highlighted the thriving economy, telling investors not to expect imminent rate cuts from the Federal Reserve. Cramer also commented on what this report means for the state of the consumer, something always top of mind on Wall Street, as employment impacts consumer spending, he asserted. The report showed job growth in the leisure and hospitality industry, returning to pre-pandemic levels in February 2020. To Cramer, this means investors can worry less about a cash-strapped consumer, saying the data further indicates a roaring economy. "We have a robust economy, so I'm a lot less worried about this upcoming earnings season," Cramer said.
Persons: CNBC's Jim Cramer, Cramer, it's, payrolls, Dow Jones Organizations: Federal Reserve, Dow
A recent Wall Street Journal poll of American voters in swing states found that while people think the national economy is in bad shape, they feel good about their personal finances. In Gallup polling from last April, just 16% rated the economy as “good” or “excellent,” but 45% said their personal finances were “good” or “excellent.”But according to available data the economy has improved. But the dichotomy between how people feel about their own finances and the economy at large presents a different conundrum. It’s important to look at consumer behavior and not just sentiment when determining how Americans feel about the economy, said Harris. Those behaviors signal that Americans, overall, actually feel pretty good about their economy.
Persons: New York CNN — Nathan Frederiksen, , , ” Frederiksen, It’s, “ We’ve, I’ve, ” He’s, , Wisconsin —, Joe Biden, Ben Harris, else’s, ” Harris, Harris, Jonathon Barricklow, Barricklow, we’d, Dave Koloskee, he’ll, Megan McCoy, we’re, ” McCoy, Julie Levitch, Suze Orman, she’s, I’m, ’ ”, , they’re Organizations: New, New York CNN, CNN, Gallup, Economic, Brookings, Bureau of Labor Statistics, Facebook, Kansas State University, , Finance, LinkedIn Locations: New York, Boise , Idaho, Arizona, Georgia, Michigan, North Carolina , Nevada , Pennsylvania, Wisconsin, it’s, United States, Bowling Green , Ohio, East, Europe, Erie , Pennsylvania, Scottsdale , Arizona
From a north central county known for ginseng farming and downhill skiing, he has served on the local school board, the Marathon County Board and the village board of trustees in Weston, population 15,000. In February, new legislative maps in Wisconsin were signed into law after more than a decade of partisan wrangling and legal battles. The new maps undid the gerrymander that had helped Republicans keep control of both state legislative chambers since 2012. The 85th Assembly District in Marathon County, where Mr. Xiong lives, is no longer a Republican-leaning seat: It is a tossup. “This idea came to reality when the maps changed,” Mr. Xiong said in an interview last month.
Persons: Yee Leng Xiong, Xiong, ” Mr, Patrick Snyder Organizations: Marathon County Board, Democrat, Legislature, Republican, District, State Assembly Locations: Wisconsin, Marathon, Weston, Marathon County
The cruise continued sailing, and the tour company said they left her with other stranded cruisers. AdvertisementIt wasn't a surprise to Julie Lenkoff's family that she was going on another cruise. During the tour, she passed out and fell, Diogo Beirão, the chief operating officer of the tour company, confirmed to BI. Kurt said he and the rest of Lenkoff's family had no idea this was happening since Norwegian hadn't contacted them. Kurt GiesToday, Lenkoff is in critical conditionSince arriving at the hospital in California, Kurt told BI that Lenkoff has undergone numerous tests and scans.
Persons: Julie Lenkoff, Lenkoff, , Julie Lenkoff's, Kurt Gies, Lenkoff's, Lana Gies, Kurt, Navetur, Diogo Beirão, Beirão, hadn't, São, Jay Campbell, should've, WRAL, Jill Campbell, Lana, Julie, gurney, Kurt Gies Kurt, would've Organizations: Service, Stanford Medical Center, BI, Campbells, North, Apple, Lenkoff Locations: Norwegian, Africa, São, Gambia, African, American, Lisbon, Portugal, United States, Toronto, San Francisco, California
Jim Cramer recommends five small-cap health-care stocks
  + stars: | 2024-04-05 | by ( Julie Coleman | ) www.cnbc.com   time to read: 1 min
CNBC's Jim Cramer said he thinks it could be a good year for small-cap stocks, and shared his top five lesser-known companies in the health-care sector. "I think 2024 could ultimately be the year that small-cap stocks get their mojo back," he said. "This is a group that went out of style when interest rates soared and they'll work a lot better as rates come down."
Persons: CNBC's Jim Cramer Organizations: mojo
CNBC's Jim Cramer on Friday told investors what to look out for next week on Wall Street, highlighting earnings reports from major banks, Delta Air Lines and Constellation Brands . "Stop worrying about how many rate cuts we're going to get when or where or why or how," he said. He'll also be paying attention to earnings from Delta, which he said has the best financials of its peers. Cramer said Thursday is an important earnings day because Constellation Brands will share its quarterly results. Friday is also a big day for earnings, Cramer said, with reports from Wells Fargo , JPMorgan , BlackRock and Citigroup .
Persons: CNBC's Jim Cramer, it's, Cramer, he'll Organizations: Delta Air Lines, Constellation Brands, Federal, Florida Supreme, Delta, Modelo, JPMorgan, BlackRock, Citigroup, Fed Locations: Florida, Wells Fargo
The girl, 8, from Venezuela, had slept fitfully the night before, wailing in her dreams, her mother said, about the men trying to kill her. Days earlier, the family had entered the Darién Gap, the jungle straddling Colombia and Panama that in the last three years has become one of the world’s busiest migrant highways. After climbing mountains and crisscrossing rivers in their quest to reach the United States, their group was accosted by a half-dozen men in ski masks, holding long guns and issuing threats. “Women, take off your clothes!” the assailants shouted, the mother said, before they probed each woman’s intimate parts looking for cash. Then the men turned to the girl, her mother said, ordering her to undress for a search, too.
Locations: Venezuela, Colombia, Panama, United States
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Cramer's Lightning Round: Palo Alto Networks is a buy
  + stars: | 2024-04-04 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon GitLab's year-to-date stock performance. Stock Chart Icon Stock chart icon Snap's year-to-date stock performance. Stock Chart Icon Stock chart icon Blackstone's year-to-date stock performance. Stock Chart Icon Stock chart icon Rocket Companies' year-to-date stock performance. Stock Chart Icon Stock chart icon Palo Alto Networks' year-to-date stock performance.
Persons: Snapchat, Blackstone, I'm, Jim Cramer's Organizations: Companies, Rocket, Palo Alto Networks
The Florida Supreme Court issued a separate ruling on Monday that could energize Democrats’ efforts to hold Trump to account on abortion. The ex-president has long been wary of taking a definitive stand against abortion rights. But some Republicans are infringing the spirit of the Supreme Court ruling – which sent the issue back to individual states – by pushing for a national ban. And Democrats believe they have an issue, in abortion rights, that could thwart him – despite Biden’s own unpopularity. Democrats are delighted since they have had considerable success in using ballot initiatives to protect abortion rights or reject further restrictions.
Persons: Donald Trump’s, Trump, Roe, Wade, Ron DeSantis, , it’ll, Joe Biden –, , he’d, “ What’s, ” Trump, “ You’re, , He’s, Biden, we’ve, Julie Chavez Rodriguez, DeSantis, There’s, Florida Republican Sen, Rick Scott, Scott, Democratic Sen, Bill Nelson, he’s, Debbie Mucarsel, Powell Organizations: CNN, Republican, Florida’s, Gov, Biden, Florida Supreme, Trump, GOP, Democratic, Republicans, Sunshine State, Florida Republican Locations: Florida, Trump’s, Kansas, Ohio, Alabama, United States, Michigan , Montana , California, Kentucky, Republican Ohio
President Biden on Tuesday called a decision by the Florida Supreme Court to uphold a restrictive abortion law “outrageous” and “extreme,” saying that it had effectively eliminated access to the procedure across the American South. The president said in a statement that the restrictions in Florida and others enacted by Republicans across the country “are putting the health and lives of millions of women at risk.” But Mr. Biden said voters would “have the opportunity to make their voices heard,” after the court ruled separately that Floridians would be able to decide on expanding abortion access in November. Mr. Biden’s statement on the decision, which clears the way for a six-week abortion ban, came as his campaign and a host of Democratic officials began an all-out effort to pin responsibility for dwindling access to abortion care squarely on former President Donald J. Trump. “Donald Trump is directly to blame for the fact that abortion has now been effectively banned across the entire Southeastern United States,” Julie Chávez Rodríguez, Mr. Biden’s campaign manager, told reporters on Tuesday. “Make no mistake, Donald Trump will do everything in his power to try and enact a national abortion ban if he’s re-elected.”
Persons: Biden, , Donald J, “ Donald Trump, ” Julie Chávez Rodríguez, Biden’s, , Donald Trump, he’s Organizations: Florida Supreme, Mr, Democratic, Trump Locations: Florida, United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailActing Labor Sec. Julie Su: Going to move 'heaven and earth' to help respond to bridge collapseActing U.S. Labor Secretary Julie Su joins 'Squawk Box' to discuss the latest developments in the Baltimore bridge collapse, the economic impact of the disaster, how much federal funds should be spent to rebuild the bridge, the importance of Port of Baltimore, and more.
Persons: Julie Su Organizations: Labor Locations: Baltimore, Port of Baltimore
Referendums protecting abortion access are on a winning streak nationwide, including in states far more red than Florida. Outside of Barack Obama’s 2008 and 2012 victories, Democrats have struggled to find success in Florida while Republicans are on a roll. The GOP now controls every statewide Cabinet office in Florida, its two US Senate seats and both state legislative chambers. In 2016, Trump won Florida despite a medical marijuana initiative on the ballot that Democrats hoped would aid their performance. “There is nothing more common than Democrats claiming they have some magical way to win Florida and they always come up short,” Power said.
Persons: can’t, Floridians, , Biden, ” Julie Chavez Rodriguez, Alex Sink, Trump, ” Sink, , Joe Biden, Donald Trump, Barack Obama’s, Obama, Ron DeSantis, “ It’s, Matt Isbell, Michael Bloomberg, ” Chavez Rodriguez, Brian Hughes, , it’ll, Roe, Wade, Chavez Rodriguez, Nikki Fried, Evan Power, ” Power Organizations: CNN, Democratic, Electoral, Florida, Sunshine State, ” Longtime Democratic, GOP, Trump, Biden, Florida Democratic, Democratic Party, Republican Party of Locations: Florida, Nashville, Grand Rapids , Michigan, Republican Party of Florida
5 Hotel Pools Perfect for Swimmers
  + stars: | 2024-04-02 | by ( Julie Halpert | ) www.nytimes.com   time to read: +1 min
“Most hotel pools are too tiny or too crowded,” she said. Then, while planning a trip to Chicago, Ms. Heisler, from Ann Arbor, Mich., came across a photo of the hotel pool of her dreams. Finding a hotel pool that’s large enough for lap swimming in a big city is even more daunting. Here are six hotel pools that are at least 25 yards long and provide ample space for lap swimming, as well as first-class ambience; some are open to visitors who are not spending the night. Most are open all day, but early morning hours will provide the best lap swim experience, hotel representatives say.
Persons: Michele Heisler, Heisler, Organizations: Intercontinental Locations: Chicago, Ann Arbor, Mich
CNBC's Jim Cramer on Monday analyzed the five worst-performing stocks on the Dow Jones Industrial Average during the first quarter, saying which ones he thinks may be worth keeping an eye on. "Normally I don't believe in the concept of a stock pivoting in such a short period of time — three months does not a pirouette make," he said. "But I think companies can lay the groundwork, and I see some of them doing that, so let's get to the five worst performers from the first quarter and I'll tell you the levels where their stocks could be enticing." Here are the five stocks, starting with the worst first, according to FactSet:"The worst performers in the Dow include stocks that ... have both hair and flies on them, in a market that demands a pristine story," he said. "And there's nothing pristine about this list; do not kid yourself."
Persons: CNBC's Jim Cramer Organizations: Dow Jones, Dow
Cramer's Lightning Round: Tyler Technologies is a buy
  + stars: | 2024-04-01 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Tyler Technologies' year-to-date stock performance. Stock Chart Icon Stock chart icon Kodiak Gas Services' year-to-date stock performance. Stock Chart Icon Stock chart icon Palantir's year-to-date stock performance. Stock Chart Icon Stock chart icon United Airlines' year-to-date stock performance. Stock Chart Icon Stock chart icon Fastly's year-to-date stock performance.
Persons: Tyler, stock's, you've, Vita, Vita Coco, Coco, I'm Organizations: Tyler Technologies, Cisco Systems, Kodiak Gas Services, United Airlines
Chipotle Chief Financial Officer Jack Hartung explained why the fast-food chain decided to split its stock for the first time in its 30-year history in an interview with CNBC's Jim Cramer. Hartung said the company wanted to make shares more accessible to employees and increase liquidity for investors. "We study this every year or so, we have our bankers come in, we talk about the pros and cons of doing the split," Hartung said. Chipotle in late March proposed a 50-for-1 stock split, meaning shareholders will gain 49 shares for every one they already own. Investors care more about Chipotle's growth and results than the stock split, according to Hartung.
Persons: Jack Hartung, CNBC's Jim Cramer, Hartung, Chipotle Organizations: CNBC
Daniel C. Lynch, a computer network engineer whose exhibitions on networking equipment helped accelerate the commercialization of the internet in the 1980s and ’90s, died on Saturday at his home in St. Helena, Calif. His death was confirmed by his daughter Julie Lynch-Sasson, who said he had been suffering from kidney failure. In the mid-1980s, when the internet was still the domain of academia and the government, Mr. Lynch was a computer facility manager who played a key role in the early years of data networking. Although the internet was very small and restricted to noncommercial use, Mr. Lynch was convinced of its ultimate commercial potential. Image Daniel C. Lynch in an undated photograph.
Persons: Daniel C, Lynch, Julie Lynch, Sasson, Ziff Davis, Organizations: Cisco Systems, Sun Microsystems, of Fame Locations: St . Helena, Calif
The Key to Winning the White House: Math
  + stars: | 2024-03-29 | by ( Susan Milligan | ) www.usnews.com   time to read: +6 min
So the Biden campaign is casting its eyes farther afield: South, to be specific, with North Carolina as a primary target and Florida part of the mix as well. That makes North Carolina and its 16 Electoral College votes a tantalizing prospect for the Biden campaign. But if the Democrat also picked up North Carolina, he'd win, 276 electoral votes to 262 for Trump. Biden and Harris also made a rare joint appearance in North Carolina earlier this week. Former President Barack Obama did win North Carolina in 2008 – but that was a somewhat fluky situation, says North Carolina Republican operative Jonathan Felts, who worked in the George W. Bush White House, noting Obama's unusually aggressive push in the state.
Persons: Joe Biden's, Donald Trump's, Biden, Christopher Cooper, Biden –, Cooper, Trump, , he'd, Mark Robinson –, Kamala Harris, Harris, Julie Chavez Rodriguez, Barack Obama, Jonathan Felts, George W, Bush, Felts, Carolina Forward Organizations: Electoral, Trump, Haire Institute for Public, Western Carolina University, Marist Institute, Public, Biden, Democrats, – Trump, Democrat, Sunshine, GOP, Democratic, North Carolina, North Carolina Republican, Carolina Locations: Arizona , Georgia, Michigan, Nevada , Pennsylvania, Wisconsin, North Carolina, Florida, Georgia, Michigan , Pennsylvania, Swing States, Arizona, Nevada, Wisconsin , Nevada , Georgia, Trump . Florida, Parkland , Florida, Trump's, . North Carolina, Southern, Raleigh, Durham, Greensboro, Winston, Salem, Asheville, Wake County
Actor and comedian Mindy Kaling hosted the program, which ended at around 10 p.m., and late night host Stephen Colbert moderated a conversation with Biden, Clinton and Obama. Colbert acknowledged one protester and asked Biden about the U.S. role in ensuring a peaceful and prosperous future for both Israelis and Palestinians. Outside the New York venue Thursday, more than 100 pro-Palestinian protesters chanted slogans like "Biden, Biden, you're a liar," and waved Palestinian flags and signs with anti-war messages. Biden and Trump are polling neck-and-neck, with 46% of voters supporting Trump and 45% supporting Biden, according to a March poll by CNBC. During Thursday's moderated discussion, Colbert asked Clinton what he would say to voters who do not feel like the economy is strong.
Persons: Joe Biden, Barack Obama, Bill Clinton, Stephen Colbert, Mindy Kaling, Biden, Clinton, Obama, Queen Latifah, Lizzo, Ben Platt, Cynthia Erivo, Lea Michele, Colbert, Donald Trump's, Mosaab Sadia, Kaling, Mr, Annie Leibovitz, Jill Biden, Hakeem Jeffries, Chuck Schumer, White, Julie Chavez Rodriguez, , we're, John F, Trump, Mike Pence, George W, Bush, Kamala Harris, Humpty, Hillary Clinton Organizations: Radio City Music Hall, Democratic, Trump, GOP, New, Biden, Kennedy International Airport, NBC News, White House, Republican, Monday, CNBC Locations: New York, U.S, Gaza, York, Israel, D, Queens
The morning after President Biden’s fund-raiser with former Presidents Bill Clinton and Barack Obama, his campaign has planned a daylong retreat on Friday for 175 of his biggest financiers and fund-raisers in New York. The gathering of what the campaign calls Mr. Biden’s national finance committee will feature a half-dozen briefings from his top political advisers, including his campaign manager, Julie Chavez Rodriguez, and two former top White House advisers who have moved over to help lead his campaign, Jennifer O’Malley Dillon and Mike Donilon. The meeting at the InterContinental New York Barclay hotel is a sign of how the president has drawn his financial strength not only from grass-roots contributors but also from major donors who can cut checks as large as $929,600 to the Biden Victory Fund, a shared venture of Mr. Biden and the national and state Democratic Parties. To qualify as a member of Mr. Biden’s national finance team, donors are asked to write a check for at least $47,900.
Persons: Biden’s, Bill Clinton, Barack Obama, Julie Chavez Rodriguez, Jennifer O’Malley Dillon, Mike Donilon, InterContinental New York Barclay, Biden Organizations: White, InterContinental New, Biden, Fund, Mr, Democratic Locations: New York, InterContinental New York
Cramer's Lightning Round: Leidos is a winner
  + stars: | 2024-03-28 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Core & Main's year-to-date stock performance. Stock Chart Icon Stock chart icon Pfizer's year-to-date stock performance. Stock Chart Icon Stock chart icon SFL's year-to-date stock performance. Stock Chart Icon Stock chart icon Leidos' year-to-date stock performance. Stock Chart Icon Stock chart icon KLA's year-to-date stock performance.
Persons: it's, They've, Leidos, that's, Mike Wirth's, I'm, It's Organizations: Pfizer, Chevron
Unlike Obama and Clinton before him, Biden is running against a candidate only a few years his junior. It was a twist on how Clinton answered a question about Dole's age during the second presidential debate in 1996. There is not much precedent for the event Biden's campaign is putting on Thursday. Obama, Biden and Clinton will inevitably go down memory lane during a discussion moderated by comedian Stephen Colbert. Aside from private conversations, Biden also often directs his top aides to follow up with Obama or Clinton on various topics of conversation.
Persons: Barack Obama, Joe Biden, Bill Clinton, Robert Byrd, George H.W . Bush, Bob Dole, John McCain, , Biden, Obama, Clinton, Still, Dole, McCain, Seth Meyers, Donald Trump, Sen, Scott Reed, Reed, Mike Pence's, — McCain, Mark Salter, George W, Bush, Hillary Clinton, Salter, McCain's, Mindy Kaling, Jill Biden, Queen Latifah, Lizzo, Ben Platt, Cynthia Erivo, Lea Michele, Annie Leibovitz, Harris, Jeffrey Katzenberg, Rufus Gifford, Chris Korge, Condé, Anna Wintour, Julie Chavez Rodriguez, DJ D, Stephen Colbert, Jeff Zients, Anita Dunn, Steve Ricchetti, Bruce Reed, Jen O'Malley Dillon, Mike Donilon, Ricchetti Organizations: West Virginia State Capitol, NBC, NBC News, Democratic, Radio City Music Hall, Biden, Biden Victory Fund, DJ, Affordable, Trump, he's Locations: Charleston , West Virginia, New York, New Hampshire
Over the past few years, supply chain woes have repeatedly come into the spotlight. Since then, global integrated supply chain systems just seem to keep getting disrupted — be it by the COVID-19 pandemic or Russia's war in Ukraine. The domino effect is due to the "just in time" model that supply chains have been relying on for decades. Here are three key reasons why supply chains just seem to keep screwing up in recent years. Examining ongoing conflicts in the Black Sea and Red Sea respectively shows how geopolitical conflicts affect global supply chains.
Persons: , they've, Donald Trump, Dali, Francis Scott Key, Project44, Nari Viswanathan, Viswanathan, tailspin, Julie Gerdeman, Trump, Rahul Khanna, Geoff Weiss, Allan Post, Justus Heinrich, Khanna Organizations: Service, Business, Maersk, BI, Shipping, Allianz, Allianz Commercial, Technologies Locations: China, Ukraine, Baltimore, The Port, of Baltimore, Europe, Asia, Iran, Israel, Suez, Good, Africa, Panama, El, Egypt
Washington CNN —President Joe Biden on Thursday will join Barack Obama and Bill Clinton, the only living two-term Democratic presidents, aiming to use their star power to woo big-pocketed donors as Biden tries to join their ranks. The fundraiser is being held off-camera, though pool reporters will be able to report on the three presidents’ remarks. The Biden campaign said ahead of the fundraiser it had raised more than $25 million – making it the most successful single political fundraiser ever in terms of dollars raised. The fundraiser on Thursday is expected to be just the beginning of Obama’s involvement in Biden’s campaign. He is expected to take a larger role in Biden’s campaign – including traveling to college campuses and crucial battleground stakes – closer to November.
Persons: Joe Biden, Barack Obama, Bill Clinton, Biden, Clinton, Stephen Colbert, Annie Leibovitz, Queen Latifah, Lizzo, Ben Platt, Cynthia Erivo, Lea Michele, , Jimmy Carter, Donald Trump, Trump, Jonathan Diller, Diller, ” Trump, , , Julie Chávez Rodriguez, Obama, who’ve, Jeff Zeleny, Donald Judd, Brian Rokus, Kristen Holmes, Fredreka Schouten Organizations: Washington CNN, Obama, Radio City Music Hall, Biden, CNN, Hamas Locations: New York, America, Queens, Midtown Manhattan, Israel, Gaza, North Carolina
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