Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia edged up Monday morning as U.S. Treasury yields bounced higher after plunging last week which sent markets into a panic.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
The hearing will now begin next Monday to allow time for the completion of a previous trial that revolves around former 1MDB unit SRC International, a Kuala Lumpur High Court...Asia Newsread more
"I don't want to do business at all because it is a national security threat," Trump told reporters.Technologyread more
Trump's is due to visit Copenhagen early next month, when the Arctic will be on the agenda in meetings.Europe Politicsread more
CNBC's Jim Cramer on Thursday told a caller that he likes Caterpillar, but the stock is letting him down.
"If I could hit myself over the head with a hammer because of this Caterpillar I would," the "Mad Money" host said.
The large machinery manufacturer, holding a $64.8 billion market cap, has watched its share price drop nearly 10% this year, and the year-over-year comparison is nearly 13% under. Cramer thinks the company is undervalued, but it has yet to bounce as he expected.
"The stock, I think, is cheap, but I think it's going even lower," he said.
The stock market will continue to be volatile until the bond market finds some stability, Cramer said.
Investors, however, "took a step in the right direction" in the day of mixed trading, he said. The Dow Jones Industrial Average climbed nearly 100 points the day after suffering its worst session of 2019. The S&P 500 rose 0.25% while the tech-heavy Nasdaq Composite dipped 0.09%.
"As long as Treasury yields keep plummeting, investors will remain unsure of themselves. At least today, they finally found some stocks to buy along with bonds," the host said. "It's just that they're the wrong stocks, the recession stocks, not the kind of leaders we want to get behind."
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Waste Management's James Fish sat down with Cramer on "Mad Money," where the chief explained how they are taking a more proactive approach to recycling. Recycle commodity prices are at 25-year lows, he said.
"We're changing the model," he said. "I'm not sure we're getting a lot better as producers of recycles or trash, but we're going to change the way we sort that material and I think it really improves the quality."
Catch the discussion here
AMN Healthcare Services CEO Susan Salka told Cramer that the staffing company has found strong demand for employees across various of its business units.
"What we're seeing more than anything is that our clients really want to work with a total workforce solution partner like AMN," she said, "and we've really made a pretty tremendous transformation over the last decade from moving from a transactional relationship to much more of a strategic relationship with our clients."
Watch the full interview here
Cramer said that fear can walk the economy into a recession.
Confidence fuels investors and businesses to put money to work and take risks, but endless talk about a potential recession can "erode that very confidence," the host said.
"If bond yields keep plummeting, it might not matter. We'll scare ourselves right out of this terrific multi-year expansion, for certain," he said. "But a recession? That's not necessarily on the table, as long as the [Federal Reserve] acts aggressively to ensure a soft landing."
Go deeper here
Kirkland Lake Gold: "You've done the work. You're absolutely right, I like Kirkland. Now look, let's be frank … let's go Agnico Eagle, is my favorite and then I like Barrick for value, but yours you've got a good one too and gold stocks do trade together and everyone should own 10% of their money in gold, is fine with me. "
Penn National Gaming: "I actually kind of like it down here. I don't want you to leave it. I like the domestic game because you don't have the Hong Kong problem. I say stick with it. Don't double down, but let's stick with it."
Viacom: "Nothing, they're both going down. It's driving me crazy. Charitable trust owns Via and I just think you should buy it. This merger is absolutely terrific. [CEO] Bob Bakish has to come on 'Mad Money' and explain why this is great, and I think, therefore, people will understand why my charitable trust owns it."
Disclosure: Cramer's charitable trust owns shares of Viacom and Caterpillar.