Cramer: US-China trade talks is now more about a ‘trust gap’ than the ‘trade...

Trade negotiations between the United States and China have boiled down to whether President Donald Trump can trust the Chinese or not, CNBC's Jim Cramer said Wednesday. "It's not about the trade gap, people. It's about the trust gap," the "Mad Money" host said. "Until investors realize that's what's driving these negotiations, we'll forever be…

Major Obama fundraiser Mark Gallogly looks likely to support Beto O’Rourke in 2020 run...

A leading Democratic bundler who helped former President Barack Obama raise money during his two presidential campaigns has been indicating to friends that he's likely to support Beto O'Rourke in the 2020 race, CNBC has learned. Mark Gallogly, the co-founder of investment firm Centerbridge Partners, has signaled to associates that he's likely going to help…

Google was slapped with another huge EU fine — and investors didn’t bat an...

Stephen Lam | Reuters Google CEO Sundar Pichai speaks onstage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Google was hit with another fine from EU antitrust regulators Wednesday, and investors didn't bat an eye. The stock rose 2 percent by the end of trading, outpacing Apple and Microsoft…

Kale is now one of the most pesticide-contaminated vegetables

Often touted for being highly nutritious, kale has joined the list of 11 other fruits and vegetables known to be "dirty," according to an analysis by the Environmental Working Group. The watchdog group publishes its "Dirty Dozen" list annually, in which it ranks the 12 produce items that contain the highest amount of pesticide residues.…

Here’s what changed in the new Fed statement

This is a comparison of Wednesday's FOMC statement with the one issued after the Fed's previous policymaking meeting on January 30. Text removed from the January statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears…

Disney’s deal for Fox will be successful if it convinces investors to value it...

Iger is betting on the streaming service because investors have already declared Netflix victorious in its fight against traditional media companies. Just this week, Netflix CEO Reed Hastings reiterated that his company is more of a media company than a technology company. And yet, Netflix has a forward price-to-earnings ratio of nearly 57 and an…

The last time the Netflix chart formed a ‘golden cross,’ it rallied 95 percent

Netflix is set to gain a new competitor next week when Apple will reportedly unveil its streaming platform. Netflix shares have risen slightly in the past week and are up 35 percent this year. They are the best performers of the FANG stocks. Miller Tabak equity strategist Matt Maley said the name could still have…

Read the memo Disney CEO Bob Iger sent to employees after closing the $71...

Disney CEO Bob Iger is already gearing up for the next phase of the company on the heels of its acquisition of 21st Century Fox, which closed Wednesday. The $71 billion acquisition adds a number of beloved entertainment assets to Disney's collection as it prepares to launch its streaming service among a crowded field of…

Don’t be lured by Facebook’s lower stock price, portfolio manager warns

Facebook stock is now about 27 percent lower than its July all-time high, and Street sentiment — as measured by the number of hold and sell ratings — is the most bearish it's been since 2013, based on FactSet estimates. While growing skepticism can sometimes be a good contrarian indicator, Strategic Wealth Partners' Mark Tepper…

Tesla and Elon Musk face many legal fights beyond the SEC

Analysis by legal research firm Plainsite found at least 38 securities actions filed against Tesla or Elon Musk (or both) since 2010, the year the company went public. Plainsite – which founder Aaron Greenspan describes as a "legal transparency initiative" – scans public records across the US legal system to document the volume and types…

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