Stellantis’ Ram display is seen at the New York International Auto Show on April 16, 2025.Danielle DeVries | CNBCAUBURN HILLS, Mich. — Ram CEO Tim Kuniskis reemerged from a seven-month retirement late last year saying he “missed the fight” and admitting the Stellantis brand was getting smashed in the marketplace by its competition.Kuniskis walked on stage during a media event as the speakers blared Detroit rapper Eminem singing “Guess who’s back, back again.” He promised an aggressive turnaround for the embattled truck brand that is now getting underway and will extend through 2026.The plan includes more than 25 announcements through…
Author: usaeverydaylife
An inflated pig with the message “Medicaid Is Not A Piggy Bank For Billionaires” is stationed at a rally opposing House Republicans Tax Proposal prior to the final House Vote on Capitol Hill on May 21, 2025 in Washington, D.C. Jemal Countess | Getty Images Entertainment | Getty ImagesWhile some Medicaid cuts proposed in Republicans’ One Big Beautiful Bill Act were rejected by the Senate parliamentarian on Thursday, other reforms to the program that could affect individuals’ access to coverage were left untouched.The Senate parliamentarian rejected proposed changes aimed at capping states’ provider taxes, which are used to help fund…
The McGraw-Hill Cos. signage is displayed outside of the company’s headquarters in New York, U.S.Scott Eells | Bloomberg | Getty ImagesMcGraw Hill, a textbook publisher and educational courses provider backed by billionaire Tom Gores’ Platinum Equity, filed for an initial public offering in the United States on Friday.The move comes nearly four years after the company’s $4.5 billion acquisition by Platinum, and coincides with the gradual reopening of the IPO market.Recent strong market debuts, such as stablecoin giant Circle, have also encouraged more companies to list their shares.Columbus, Ohio-based McGraw Hill disclosed a revenue of $2.1 billion for the fiscal…
The ‘Fast Money’ traders talk record closes for the markets and trade talk troubles with Canada. Source link
U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy in Washington, D.C., U.S., June 18, 2025. Kevin Mohatt | ReutersAll the major banks passed the Federal Reserve’s annual “stress tests” of the financial system, the central bank said Friday, but the test conducted by the central bank was notably less vigorous than it had been in previous years.All 22 banks tested this year would have remained solvent and above the minimum thresholds to continue to operate, the Fed said, despite absorbing roughly $550 billion in…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailRichard Fisher, Former Dallas Fed Chief, joins ‘Fast Money’ to talk the feud between Trump and Fed Chair Powell and the possibility of a shadow chair. Source link
A Hawaiian Airlines jet is parked at a jetway at Daniel K. Inouye International Airport on January 20, 2024 in Honolulu, Hawaii. Kevin Carter | Getty ImagesAt least two North American airlines have been victims of criminal hackers recently as cybersecurity companies warn that a notorious cybercriminal group has been targeting the aviation industry.Westjet and Hawaii Airlines both said in June statements that they are responding to cyberattacks.American Airlines also experienced a tech issue on Friday, though it’s unclear if it was related or caused in any way by hackers.”A technology issue is affecting connectivity for some of our systems…
‘Fast Money’ traders talk options moves around Coinbase. Source link
CNBC’s Jim Cramer on Friday guided investors through next week’s market action, specifically the labor report and earnings results from alcohol maker Constellation Brands.He also reflected on the past quarter, saying it ended on a strong note after a turbulent start when investors panicked over President Donald Trump’s so-called “liberation day.” Back in April, Trump announced steep tariffs on products from a slew of countries, including the U.S.’s biggest trading partners.The market has recouped most of its losses since then. Cramer pointed out that the averages managed to finish up on Friday, shrugging off losses incurred this afternoon when the…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
