A surface-to-air missile shot down a U.S. military drone over the Strait of Hormuz, a U.S. official said Thursday.World Politicsread more
President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
Slack's public market debut on Thursday will generate billions for venture firm Accel and healthy returns for Andreessen Horowitz and Social CapitalTechnologyread more
China's President Xi Jinping arrived in Pyongyang on Thursday morning for a state visit to North Korea — the first by a Chinese state leader in 14 years. Experts say the move...Asia Politicsread more
Gold prices spiked in the afternoon of Asian trading hours on Thursday after a dovish U.S Federal Reserve opened the door to further rate cuts, and the 10-year Treasury yield...Metalsread more
Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the...Autosread more
Employer medical costs are projected to rise by 6% next year, after averaging about 5.5% annually over the last three years, according to PwC.Health and Scienceread more
Voice technologies have a long way to go before they can be reliably used for health and medical services, but Google is furthest along.Technologyread more
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Ireland has become the main regulator enforcing rules on how big tech companies collect and process user data under Europe's privacy law called GDPR.Technologyread more
It's crucial to note that the culprit behind attacks on two commercial tankers last week has not been conclusively proven.World Politicsread more
Senate Majority Leader Mitch McConnell's insistence that the U.S. government will not default on its debt may have laid the ground work for a potential rally, CNBC's Jim Cramer said Tuesday.
"(It) was really important and I think that can be an underpinning for a potential rally given the fact until he said that I think it was just chaos," Cramer said on "Squawk on the Street. "
Cramer added that he does not think that means the Trump administration will get anything done on taxes soon but at least "we're not going to suffer from a debt downgrade."
"I think McConnell is trustworthy on this issue," Cramer said.
Regarding tax reform, Politico reported Tuesday that the Trump administration is making strides on finding the best ways to pay for individual and corporate tax cuts.
On Monday night, House Speaker Paul Ryan told CNN that getting tax reform through might be easier than overhauling health care.
Cramer said repatriation is key for tax reform. "One-time repatriation would make it so there is a lot of stocks that I don't like right now that I would really like."
Cramer added he doesn't see why Trump doesn't say, "tax reform is good for us — we all get more money."
"I do not understand the whole dialogue," Cramer said. "Health care is the hardest thing in the world. They picked the hardest thing in the world to start off with. Tax reform, where tax reform means tax cuts, we all favor tax cuts, particularly when it comes to election time."