Author: Editor-In-Chief
After the Federal Reserve lowered its benchmark borrowing rate by 25 basis points, CNBC’s Jim Cramer shared several stocks he thinks are solid buys in the current economic environment. “Even though current economic data is uncertain, the Fed remains in easing mode, so we’re still siding with the bulls,” he said. “That means you don’t have to fight the Fed when you buy stocks.”The central bank lowered interest rates as members were divided on the decision. Some feared rate cuts would accelerate inflation, while others believed they were necessary to strengthen the job market. Fed Chairman Jerome Powell said that…
US President Donald Trump said the US seizure of a sanctioned oil tanker near Venezuela’s coast has sent oil prices soaring and further escalated tensions with Caracas.”We just seized a tanker off the coast of Venezuela. A large tanker, a very large tanker, the largest tanker ever, and there are actually other things going on,” Trump said Wednesday.Recommended stories 1 list of itemsend of listThe Venezuelan government called the move an act of “international piracy” and “blatant theft.”This comes as the United States expands its military operations in the region, carrying out airstrikes against at least 21 vessels suspected of…
Chainer Torchmoor, Germany — Germany’s most peaceful landscape exists due to one of its most paranoid ones. The Grünes Belt, a green belt that stretches for 1,360 kilometers along the former border between West Germany and communist East Germany, is now a swath of bogs rich in orchids, wetlands and birds. It began as a fortified no-man’s land, lined with mines and patrolled day and night to keep the eastern population from escaping. Walking around today, the Cold War feels incredibly distant. There are chirping birds, frogs and a boardwalk above the marsh orchids of Chainer Torfmoor. However, this tranquility…
Xabi Alonso returned to Real Madrid as one of the most highly regarded young managers in world football, but six months into his role, he already faces an uncertain future. The crisis deepened with the defeat of old leader Josep Guardiola. Real Madrid’s performance in their 2-1 loss to Man City was not one of those teams who have given up on their manager. They fought to the end, but it wasn’t enough. Alonso is in a precarious position after back-to-back defeats at the Bernabéu and only two wins out of eight. Reports have suggested that Alonso could be sacked…
On September 2, US President Donald Trump released grainy footage of a missile destroying a fishing boat off the coast of Venezuela. Eleven people died instantly. The government called them narco-terrorists. Venezuelan sources identified them as fishermen. Since then, the US military has carried out at least 22 airstrikes, killing 87 people. Investigation revealed that the first attack included a second attack that killed two survivors clinging to the wreckage. This may be a war crime under international law. On Wednesday, the United States continued to seize oil tankers in Venezuelan waters in an escalation that the Venezuelan government called…
Norway-based browser company Opera has finally released its AI-powered browser Neon to the public after months of testing. However, you have to pay $19.90 per month to use it. Opera first announced Neon in May of this year and launched early access to some users in October. Like other AI-first browsers like Perplexity’s Comet, OpenAI’s Atlas, and The Browser Company’s Dia, Neon includes an AI chatbot in its interface that you can ask for answers about pages, use it to create mini-apps and videos, and perform tasks. Browsers use your browsing history as context, so you can ask your browser…
chewy CEO Sumit Singh reflected on the online pet supplies retailer’s most recent quarter and detailed strategy, including its focus on scale, convenience and personalization, in an interview Wednesday with CNBC’s Jim Cramer.”Pets… are a very emotional category,” Singh said. “And in a sentimental category like this, when we demonstrate what we do, which is best-in-class in e-commerce, yet provide a level of service that you would expect only at your best local pet store, it’s kind of the best of two worlds.”Chewy announced quarterly results Wednesday before the market opened. The company beat expectations in terms of profits and…
Google DeepMind, the tech giant’s AI arm, has announced plans for the UK’s first ‘automated laboratory’, inking a partnership that could lead to the introduction of its latest models in the country. An AI company plans to open a lab in the UK next year to experiment with AI and robotics. Alongside new materials for semiconductors, the focus will be on the development of new superconductor materials that can be used in the development of medical imaging technologies.The UK government said in an announcement that under the partnership British scientists will have “priority access” to some of the world’s most…
Mohamed Salah will feel like he is letting down 50 million people in Egypt by having his role reduced at Liverpool, according to former Egyptian international striker Mido, who believes the player should move to the Saudi Professional League.In an exclusive interview with Sky Sports News, the former Tottenham striker, who won the 2006 Africa Cup of Nations with Egypt, looked back on his career to explain Salah’s plight at Anfield, and said he believes Jamie Carragher was wrong to criticize Salah. “I understand Salah’s situation.””I’ve been in this situation before. When the Liverpool game starts, the whole Egyptian people…
U.S. Treasury Secretary Scott Bessent speaks on stage at the New York Times Dealbook Summit 2025 at Jazz at Lincoln Center on December 3, 2025 in New York City. David Dee Delgado | Getty Images Entertainment | Getty ImagesTreasury Secretary Scott Bessent is proposing a major change in approach to how the government approaches financial regulation and stability, CNBC reported.Bessent will recommend changes to the Financial Stability Oversight Council’s approach in a letter expected to be released Thursday.The new approach will shift the agency’s focus on stronger regulation and oversight of regulators, promoting less regulation and a more liberal approach.“The…