“Every quarter I make the same argument about how you should … do more work before you pull the trigger, but a lot of people remain unconvinced,” Cramer said.
Bed Bath’s turnaround plan called for cost-cutting and improved partnerships with vendors. But its sales have yet to improve.
“As good as these macro numbers were for the market, they’ll become a sideshow when we actually start getting earnings reports,” he said.
Against the backdrop of the war in Ukraine, Iran’s ties to Russia are growing, and it’s the closest it’s ever been to reaching nuclear bomb-making capability.
Airlines canceled more than 5,000 flights as extreme winter weather swept through the United States
White House’s Covid-19 coordinator Dr. Ashish Jha said families will be safer at upcoming holiday gatherings if they get their updated vaccines.
Wall Street is growing increasingly concerned that the Fed’s rate-hiking campaign will tip the U.S. economy into a recession.
Nearly 161,000 nursing home residents have died from Covid since 2020.
The European Central Bank opted for a smaller rate hike at its Thursday meeting, taking its key rate from 1.5% to 2%.
Binance CEO Changpeng Zhao on Wednesday said that the situation has “stabilized” at his cryptocurrency exchange in a bid to assuage investors’ fears.