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A customer shops for produce at an H-E-B grocery store on Feb. 12, 2025 in Austin, Texas.Brandon Bell | Getty ImagesEarly economic data for the first quarter of 2025 is pointing towards negative growth, according to a Federal Reserve Bank of Atlanta measure.The central bank’s GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5% for the January-through-March period, according to an update posted Friday morning.Fresh indicators showed that consumers spent less than expected during the inclement January weather and exports were weak, which led to the downgrade. Prior to Friday’s consumer…

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves: Wall Street is attempting to rebound Friday, but policy uncertainty in Washington continued to get in the way. A midday pullback in stocks occurred in reaction to a fiery conversation in the Oval Office between President Donald Trump and Vice President JD Vance and Ukrainian President Volodymyr Zelenskyy . However, stocks managed to bounce back. Thursday’s midday jolt came when Trump put firm dates on more tariffs. Meanwhile, we got…

Nvidia was trying to make a stand. But one look at the artificial intelligence chipmaker’s stock chart over the past six weeks shows you what the Club stock up against. Nvidia’s early gains Thursday quickly reversed — and after President Donald Trump ‘s tariff announcement, Nvidia shares started to really fall. By the end of the day, it had really fallen off a cliff, losing 8.5% in the session following a strong quarter on Wednesday night. The decline was so severe that Nvidia exited the $3 trillion market capitalization club, now solely occupied by Apple after Microsoft ‘s own issues…

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Stocks are trying to stabilize after Thursday’s sell-off pushed the S & P 500 into negative territory for the year. After a weak open, all major indices are now up 0.5% Friday. Helping the rebound is an in-line personal consumption expenditures index (PCE) reading, which is the Federal Reserve’s preferred inflation gauge and influences its next interest rate moves. January’s PCE rose 0.3% for the month and 2.6% year over year. The Fed likely…

With this confirmation, over 1.8 billion Muslims worldwide will start fasting each day from sunrise to sunset Saudi Arabia’s Royal Court announced on Friday that the holy month of Ramadan will begin on Saturday, March 1, following the sighting of the Ramadan crescent moon in the Kingdom, SPA reported.With this confirmation, over 1.8 billion Muslims worldwide will start fasting each day from sunrise to sunset.Read more | Ramadan 2025: Saudi Arabia to celebrate with vibrant traditions, cultural heritage eventsRamadan occurs in the ninth month of the Islamic lunar calendar, which contains 12 months in a year of 354 or 355…

The Club’s 10 things to watch Friday, Feb. 28 1. Stock futures rose after the Federal Reserve’s favorite measure of inflation rose in line with expectations. The personal consumption expenditures index for January increased 0.3% month over month and 2.5% year over year. It’s a decent number, but you’re going to need at least a couple of more trending lower before the Fed cuts rates again 2. Tariff uncertainty continues to plague the market. China vows retaliation to President Donald Trump’s plan to put an additional 10% tariff on imported goods from the country. The rapidly evolving trade policy is…

Inflation eased slightly in January as worries accelerated over President Donald Trump’s tariff plans, according to a Commerce Department report Friday.The personal consumption expenditures price index, the Federal Reserve’s preferred inflation measure, increased 0.3% for the month and showed a 2.5% annual rate.Excluding food and energy, the core PCE also rose 0.3% for the month and was at 2.6% annually. Fed officials more closely follow the core measure as a better indicator of longer-term trends. The 12-month core measure showed a step down from the upwardly revised 2.9% level in December. Headline inflation eased by 0.1 percentage point.The numbers all…

The agreement cultivates sustainable economic growth by supporting a nurturing ecosystem for climate-focused startups UAE Independent Climate Change Accelerators (UICCA) and the UAE Ministry of Economy (MOEC) have signed an agreement to collaborate on advancing the circular economy. The agreement establishes a strategic framework for supporting innovation and entrepreneurship through the Circular Economy Cycle of theUICCA Launchpad Program.The agreement formalizes a shared commitment between UICCA and MOEC to drive sustainable economic growth by promoting a supportive ecosystem for climate-focused startups. Through this collaboration, the MOEC will help promote the program, facilitate engagement with investors, and enhance regulatory alignment to strengthen…

People shop and walk in the shopping streets in the city center of Munich, Bavaria, Upper Bavaria, Germany, on February 20, 2025.Michael Nguyen| Nurphoto | Getty ImagesGerman annual inflation came in at an unchanged but higher-than-expected 2.8% in February, provisional data from statistics agency Destatis showed Friday.The print is harmonized across the euro area for comparability. The February print compares to a 2.7% estimate from economists surveyed by Reuters. The January harmonized annual inflation reading had also come in at 2.8%, which was already unchanged from December.On a monthly basis, harmonized inflation rose 0.6%, according to the preliminary data from Destatis.So-called…

Designed by HBA, Sensia features angled floor plates for privacy and stunning panoramic viewsDubai’s luxury real estate developer BEYOND Developments launched Sensia, its third signature project within the 8 million sq. ft master-planned development at Dubai Maritime City (DMC). Following the success of Saria and Orise and the remarkable interest from local, regional, and international investors, the launch of Sensia marks a significant milestone for BEYOND. Achieved just six months after its establishment, this expansion reinforces the company’s rapid growth and strong investor confidence in its visionary developments, according to a statement.Adil Taqi, chief executive officer, BEYOND Developments, said: “Dubai…