CNBC’s Jim Cramer said Friday that investors shouldn’t read too much into uneventful unemployment data, arguing that a lack of surprises on the labor front is actually giving the market room to reveal the real story: a broad-based rally spreading well beyond last year’s winners. “When you get an employment report that’s basically uneventful, it … Read more
President Donald Trump on Tuesday claimed to have “just heard” that all four of former President Joe Biden’s appointments to the Federal Reserve were approved by “autopen,” suggesting they are not authorized to serve in those roles. Trump provided no evidence for the claim, which piggybacks on his repeated assertion that all of his predecessor’s … Read more
President Donald Trump on Friday said that he is asking the Department of Justice to investigate relationships between notorious sex offender Jeffrey Epstein and former President Bill Clinton, JPMorgan Chase, former Treasury Secretary Larry Summers, billionaire tech investor Reid Hoffman, and others. Trump’s statement comes as he faces renewed pressure over his own past friendship … Read more