Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month.Marketsread more
The latest escalation in the trade war ups the odds the economy will fall into recession and that the Fed will aggressively cut rates.Market Insiderread more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?" Trump wrote amid a series of tweets that rattled markets Friday.Politicsread more
"I would love this to be clarified. We come to a deal on trade, boy, this market is up 10 to 15%, but without it's going to be worrisome," Jeremy Siegel says.Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
Tesla solar energy systems reportedly ignited at an Amazon warehouse in Redlands, California last June, and the Seattle e-commerce titan confirmed that it has no further plans...Technologyread more
The death comes as federal and state health officials investigate a slew of lung illnesses in connection to e-cigarette use.Health and Scienceread more
Enough of all the negative chatter—Jim Cramer would rather take a look at the stocks that are actually working right now. These are the stocks behind the Dow closing right on the brink of 18,000 and NASDAQ hitting a 15-year high on Thursday.
Especially one like Skechers that has doubled in the past year and could have more legs to run. However, the stock that led the Dow and soared 9 percent on Thursday was Cisco.
Expedia and TripAdvisor were the next Powerball winners of the day. Expedia crushed the competition, up 14 percent Thursday after it announced an acquisition of Orbitz. Likewise, Trip Advisor announced excellent earnings, which was crucial for a time when investors were worried about the travel industry slowing down.
Another winning stock on Thursday with plenty more room to run, was Cramer's long-time favorite stock Skechers USA. This shoemaker even has Demi Lovato posting pictures of its shoes on Instagram, and it runs 676 stores in the U.S. and 700 overseas.
Skechers reported on Wednesday and delivered a spectacular quarter with in-line earnings, higher-than-expected revenues and rising gross margins. Not to mention it only has $9 cash on its balance sheet.
This stock rallied more than 6 percent on Thursday. But how is Skechers able to raise its prices at a time when most companies are lowering prices and still be profitable? To find out, Cramer spoke with Skechers CEO Robert Greenberg and the COO and CFO, David Weinberg.
"When you innovate and you have technology, and it's worth the price increase. You put it side by side with something that doesn't have that technology, and it's easier to raise prices," said Weinberg.
Elon, consider this as your one and only warning from Cramer before you land on the "Mad Money" wall of shame.
Cramer's dreams were crushed in practically every aspect after listening to Musk's conference call Wednesday evening. The company missed the mark on sales, earnings and cash flow and guidance. It is swimming in debt, with a negative $455 million cash flow.
"Make no mistake about it, this was a fiasco miss of immense proportions coupled with the arrogance of a Steve Jobs without the wonderment to back it up, " Cramer said.
To get a real sense of how the economy is doing, Cramer likes to look at companies that produce aggregate products for the construction industry. If a stock like Martin Marietta Materials can report a remarkably great quarter, than he considers that to be a great sign for the U.S. economy.
Martin Marietta makes crushed stone, sand, gravel, concrete, asphalt and cement for various types of infrastructures, both residential and commercial. It is now the No. 2 play in the U.S. and has major exposure to the Texas market after acquiring Texas Industries last year.
Could this be a sign that the U.S. economy will continue to be on the right track for the long term? To find out, Cramer sat down with Martin Marietta Materials CEO Ward Nye.
"What we saw in volumes going from peak to trough in our heritage business, we went from 205 million tons to 125 million tons. Places like Atlanta saw 70 percent of the volume go away, and now we are seeing that turn," Nye said.
One sector that has been slammed in the past few weeks are the utilities. This is partly due to the fact that investors have been selling the utility ETF XLU, with the belief that rising bond yields will cause investors to change from dividend stocks to bonds seeking better income.
Dominion Resources is one of America's largest gas and electric utilities , and it's experiencing rapid growth in its natural gas transmission and distribution business. Could the bond related selloff create an opportunity to buy the stock?
Cramer spoke with Tom Farrell, the chairman and CEO of Dominion Resources, to hear more of what could be in store for the future.
"I think as we return to a time when interest rates are going up some, people will still want dividends from utilities. We will have to start differentiating among the stocks where more growth prospects are, and I think that's where we should do well," said Farrell.
In the Lightning Round, Cramer gave his take on a few caller favorite stocks:
Xerox Corp: "The last quarter wasn't that good, but the stock didn't go down. That usually tells me that good things could be ahead. It should have gone down, I'm not going to tell you to sell it now."
Tessera Technologies: "Ever since Richard Hill joined the board there the guy made the viewers all of that money on Novellus, it has been such a win. I think it can go higher."