The EU opened a formal investigation into Amazon on Wednesday centered on how the e-commerce giant uses merchants' data.Technologyread more
Analysts and investors are keen to find out how looming interest rate cuts will impact the second biggest U.S. lender by assets.Financeread more
IAC is set to invest $250 million in Turo, a peer-to-peer car-sharing firm that is often referred to as the "Airbnb for cars."Technologyread more
U.S. officials see the deal as a threat to NATO, for which Turkey provides the second-largest military.World Politicsread more
Google's services have been blocked in China for several years, but the company still has a business there, as the tech giant seeks to sell products to Chinese firms in...Technologyread more
China may have signaled it's going more hard-line on trade, but it could be a good thing, former U.S. negotiator Clete Willems told CNBC.World Economyread more
While the vote served as a show of solidarity for Democrats, it recommended no substantive penalty against Trump.Politicsread more
Barney Frank, former chairman of the House Financial Services Committee, says that significant progress has been made to reduce the amount of imprudent household lending in...Invest in You: Ready. Set. Grow.read more
Facebook's cryptocurrency project has already been met with skepticism from policymakers around the world.Technologyread more
United's Optum is launching a new partnership with John Muir Health aimed at helping the small northern California hospital operator become more competitive with its larger...Health and Scienceread more
A key read on the industry, the Architecture Billings Index, fell into negative territory in June, according to the American Institute for Architects. Inquiries for new...Real Estateread more
"The real world is much worse than the stock market indicates," Cramer said on "Squawk Box. "
Out of the dozens of company executives he's spoken with, the "Mad Money " host said that not one of them has indicated they're expecting a stronger quarter since trade tensions between the U.S. and China have escalated.
"I literally do not have a company that is having a better quarter," Cramer said.
Companies across the retail, lending, materials and housing markets have noted increasing pressure from Washington and Beijing placing billions of dollars worth of punitive tariffs on each others' imports.
However, the stock market has been posting strong gains in the past week.
On Friday, the Dow Jones Industrial Average opened less than 1% away from its record close. The on Thursday closed at an all-time high.
"I would rather say the stock market is wrong than I would say the real economy is wrong," Cramer said.
Heading into next week, investors will be closely watching the meeting of President Donald Trump and Chinese President Xi Jinping at the G-20 summit in Japan. The two leaders are expected to reengage on trade talks under the threat of even more levies.