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The last thing the world needs is a trade war between the two economic super powers.
Stocks surged in the final minutes of trading to close at session highs Monday, led by banks, amid optimism that France and Germany's pledge would help resolve the euro zone debt crisis and rescue the region's struggling financials.
Richard Ross, global technical strategist for Auerbach Grayson, said this rally was sustainable in the short term, although his outlook for the intermediate and long-term trends is bearish.
The meeting between French President Nicolas Sarkozy and German Chancellor Angela Merkel over the weekend produced a vague consensus: Sarkozy has agreed that the old July 21 agreement is no longer workable and that Greek debtholders will have to take a larger haircut than the 21 percent reduction that was originally proposed. Merkel seems to be bending on using the EFSF to at least partially recapitalize banks.
Futures were sharply higher Monday, tracking gains in Europe where investors were encouraged by German and French promises to unveil new measures to combat the debt crisis in the region by the end of the month.
Despite a failed attempt at the end of Friday's session to close the week out on a positive note, stocks finished higher on some tepid signs of recovery for the US economy.
Sprint says the iPhone will be huge for the company's cash flow. Christopher King, Stifel Nicolaus analyst weighs in.
Futures rebounded, erasing their early losses Friday following a stronger-than-expected monthly government payrolls report.
In order to stand out in todays world, brands must engage people differently. The most successful brands recognize that they are more than just brands: they are cultural icons. Apple had this figured out a long time ago, and its brand loyalty ratings and market cap prove the point.
The death of Steve Jobs has opened up a big debate about the future of Apple without its co-founder and leader, but Leander Kahney, the author of "Inside Steve's Brain" and "The Cult of Mac" believes the company will do just fine.
Cramer devotes a portion of Thursday’s “Mad Money” to the innovative co-founder of Apple, who passed away on Wednesday. His researcher, Nicole Urken, reflects on Jobs and his legacy.
Leander Kahney, Author, "Inside Steve's Brain" & Author, "The Cult of Mac" shares his views on Apple's future without Steve Jobs.
Steve Jobs didn’t wait for political change, didn’t wait for economic change, didn’t wait for government bailouts or handouts. The Wall Street protestors should take a page from him and harness their frustrations into something more productive.
To get its confidence back, America needs less regulation and more innovation even if that means some failed ventures using taxpayer money, General Electric Chairman Jeff Immelt told CNBC Thursday.
To find out, Cramer interviews this company’s CEO.
With stocks rising for the third day in a row, how should you trade this market? Following are some of the developments that our pros suggest watching.
Steve Jobs left behind a company that is still the greatest company on earth, Cramer says.
Steve Jobs left behind the greatest company on earth, says Mad Money's Jim Cramer, and that means the stock is still worth owning because it will keep creating value for shareholders by destroying the value of its competitors. It's Apple against the world, and the world doesn't stand a chance.
The co-founder and former CEO of Apple was not only innovative, but also incredibly prolific, putting him a class of his own.
Mad Money host Jim Cramer puts Steve Jobs in the pantheon of great industrialists, saying, he left Henry Ford, Sam Walton, Thomas Edison, and Andrew Carnegie in the dust. In an era where we seem almost ashamed of ourselves in America, where we are so self-critical and imbued with a sense of being second rate, we can remember that Jobs was uniquely American and be proud of that. In short, he was the best we had.