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Jim Cramer’s CNBC Investment Club hosts a “Morning Meeting” livestream every weekday at 10:20 a.m. ET. A recap of Friday’s key moments. 1. The three major indexes rose on Friday after April’s better-than-expected jobs report. The Labor Department said nonfarm payrolls rose by 115,000 people last month, exceeding economists’ expectations of 55,000. The unemployment rate remained unchanged at 4.3%. Jeff Marks, the club’s director of portfolio analysis, said the report weakens the Fed’s case for short-term interest rate cuts as the labor market remains stable. But Jim argued that interest rates still needed to be lowered, with much of the…
moscow — For years, Russia’s Victory Day parades have symbolized the country’s military might and power, with dazzling displays of heavy equipment and a flurry of visiting dignitaries. Things will be very different this year. Russian President Vladimir Putin will host a scaled-down parade on Red Square, with no display of military equipment due to the “current operational situation,” the Russian Defense Ministry said. There will also be fewer foreign leaders in attendance than in previous years, and most international news organizations will now have to rely on footage from Russian state media to cover the event. In a sign…
Even if the Fed still has reasons to cut rates in the near future, they are becoming increasingly difficult to find.The April jobs report released Friday was the latest evidence that the central bank’s bigger concern is not a weak labor market, but rather the cost of living, which is becoming increasingly difficult for ordinary Americans to afford.Last month’s 115,000-job increase in nonfarm payrolls is no big deal, but it’s another sign that the employment situation has stabilized enough to at least ease pressure to cut interest rates. By comparison, there is less evidence that the same can be said…
British Prime Minister Keir Starmer leaves Downing Street in London, England, on February 2, 2026.Alicia Abodunde | Getty Images News | Getty ImagesHello, my name is Leonie Kidd and I’m from London. Welcome to another edition of CNBC’s Daily Open. It’s also a difficult time to go vote. That’s what British Prime Minister Keir Starmer is realizing today that his Labor Party has lost control of key parliaments across the country.He faces grievances on both domestic and foreign issues. But will today’s results be enough to launch a serious leadership challenge? What you need to know todayAlthough the results are…
The Virginia Supreme Court has thrown out new electoral maps designed to flip four Republican-held U.S. House seats to Democrats and hand President Donald Trump’s party a victory ahead of November’s midterm elections.The Virginia Supreme Court has ruled that the Democratic-led state Legislature violated procedural requirements when it placed a constitutional amendment on the redistricting ballot. Voters narrowly approved the amendment on April 21, but a court ruling rendered that vote meaningless.Recommended stories list of 3 itemsend of list”This violation irrevocably undermines the integrity of the resulting referendum and invalidates the vote,” the court said in its opinion.Democrats had hoped…
Millwall are in the Championship play-offs for the first time in 24 years and have something of a specialist in the format in manager Alex Neil.The Scot has led three teams to promotion through the play-offs during his managerial career, leading Hamilton to the Scottish Premiership, Sunderland to the Championship and Norwich to the Premier League in 2015. Current club Millwall defeated Hull City in the semi-finals and are likely to face either Southampton or Middlesbrough at Wembley. The Lions have finished third in the Championship, and in 17 of the last 20 seasons in the Championship, the third-place team…
Pedestrians pass the Elizabeth Tower, also known as Big Ben, at the Palace of Westminster, home to the Houses of Parliament, on February 22, 2024 in London. Protect yourself from the rain with an umbrella. Henry Nichols AFP | Getty ImagesLONDON — European stock markets ended mostly lower on Friday after U.S. President Donald Trump threatened to “significantly increase” tariffs on the European Union.pan-european Stocks 600 Most sectors were in the red, with major regional securities in London, Paris, Frankfurt and Milan all ending in negative territory, down almost 0.8%. Transatlantic trade tensions were once again on the agenda during…
This report is from this week’s The Tech Download newsletter. See what you see? You can subscribe here.Earlier this year, the agent-based AI tool OpenClaw went viral, with everyone and their grandma lining up to download the digital assistant onto their devices. Nvidia’s Jensen Huang raved about the tool, calling it “the next ChatGPT,” and OpenAI criticized OpenClaw’s creator Peter Steinberger (which is a sign of the AI Lab’s own intentions in this space).Several months have passed, and the race to develop agent technology (AI tools that can perform tasks on your behalf) has begun to intensify among big tech…
This image, obtained from social media and published on February 28, 2026, shows a flight deck crew giving a signal to an F-35 jet on an aircraft carrier, in a screen capture from a video released by U.S. Central Command (CENTCOM) accompanying a press release describing the U.S.-Israel attack on Iran, dubbed “Epic Fury.”Via CENTCOM X Via ReutersThe US military said on Friday that it had attacked two Iranian-flagged empty oil tankers in the Gulf of Oman, preventing them from entering Iranian ports in violation of the US naval blockade.U.S. Central Command said in a statement that U.S. warplanes “fired…
The US Department of Defense has released the first portion of a previously classified file on unidentified flying objects (UFOs) following an order from President Donald Trump in February.Friday’s release included 162 files dating back decades, including documents from the FBI, the State Department and the US space agency NASA. With that came the launch of a new, highly stylized website with a white, typewriter-like font on a black background to house documents.Recommended stories list of 3 itemsend of listThe Pentagon said in a statement that it had not made any decisions about the photos or files released, saying many…