CNBC’s Jim Cramer says investors shouldn’t worry about how the impeachment proceedings in Washington, D.C., will impact stocks on Wall Street. The “Mad Money” host explains how the market reacted to President Bill Clinton’s impeachment and how FedEx can recover from its stock woes. Impeachment history suggests Wall Street has nothing to fret aboutJanhvi Bhojwani | CNBCWith the public fixated on impeachment in Congress, Cramer revealed his strategy to make money in stocks as the bull continues to

It may need to clear one critical technical level before it’s ready to resume its move higher, Fairlead Strategies founder Katie Stockton says. It still has positive momentum across time frames and has a potential bullish long-term formation called a cup and handle setting up. A cup and handle technical pattern forms when a stock goes through a slump, then recovers, forming a U-shape and is then followed by a period of consolidation or a “handle.” If we did see Twitter get up into the gap-down t

According to a new report from Bankrate.com, 28% of workers received a raise in 2019. Additionally, 12% of workers got a better paying job; plus, 10% got both a raise and a better paying job in the past 12 months. Overall, 49% of workers earned a pay increase in some form, the highest rate since 2016 and a significant increase from 2018, when only 38% of workers saw any form of a pay increase. About 55% of those making more than $50,000 saw a pay increase this year, while 64% of those earning le

WASHINGTON — The House of Representatives voted Wednesday night to impeach President Donald Trump, making him only the third president to be charged with high crimes and misdemeanors and face a Senate trial that could remove him from office. Following Wednesday’s votes, White House press secretary Stephanie Grisham called the impeachment an “unconstitutional travesty.” US Speaker of the House Nancy Pelosi presides over Resolution 755, Articles of Impeachment Against President Donald J. Trump as

The Constitution mandates that the Senate will conduct a trial to decide whether to convict Trump and remove him from office. As part of the Senate trial, House Democrats will select so-called impeachment managers to appear before the Senate and share findings from their three-month inquiry into Trump’s Ukraine dealings. House managers have historically been members of Congress, who assume the role of prosecutors in the Senate trial. But she suggested Wednesday night that she will hold off until

Donald Trump is now the third president in U.S. history to be impeached by the House. The historic votes capped a three-month inquiry by House Democrats into Trump’s dealings with Ukraine. After the votes to impeach Trump, House Democrats will select so-called impeachment managers to appear before the Senate during the trial and share findings from their inquiry. Sarah Silbiger | Getty ImagesHouse managers have historically been members of Congress, who assume the role of prosecutors in the Sena

Former intelligence contractor Edward Snowden poses for a photo during an interview in an undisclosed location in December 2013 in Moscow, Russia. Barton Gellman | Getty ImagesNewly released “Permanent Record” by Edward Snowden is displayed on a shelf at Books Inc. on September 17, 2019 in San Francisco, California. Justin Sullivan | Getty ImagesO’Grady’s ruling noted that all three agreements Snowden signed required him to protect information and material of which he had knowledge from unauthor

The House of Representatives’ likely impeachment of Donald Trump will boost the president’s standing with voters, GOP strategist Joe Watkins told CNBC on Wednesday. No Republican members are expected to vote to impeach Trump — though Rep. Justin Amash, an independent from Michigan, will likely vote in favor. Amash, an ardent Trump critic and tea party conservative, left the GOP on July 4, at which point he openly supported impeachment. Trump is unlikely to be convicted by two-thirds of the Repub

“In one form or another, every household should have an emergency fund to cover unexpected expenses,” said Stephen Brobeck, a senior fellow at the Consumer Federation of America. Financial planners typically recommend saving three to six months’ worth of monthly expenses in an emergency fund. One strategy to address this hierarchy of financial needs is to build the emergency fund in stages, said Wilson, the financial planner. “You can’t really look at the emergency fund in isolation,” Wilson sai

Health-care flexible spending accounts, or FSAs, are tax-advantaged accounts you may be able to find at work. You can save pretax dollars in these accounts and then use your money tax-free to pay for qualified medical costs. Generally, workers who contributed to these accounts in 2019 have until the end of the year to use their proceeds. Workers forfeit as much as $400 million each year in unused account cash, FSAStore.com found. Health-care FSAs are also different from health savings accounts.

Wakanda’s free trade agreement with the United States wasn’t forever. The USDA said they had used Wakanda when testing the system behind the tracker and had forgotten to remove Black Panther’s home country. While looking for a resource that examined existing trade deals, he came upon the USDA tariff tracker and was instantly stunned by his discovery. Cows were also tariff free. It appears that Wakanda was listed as a free trade country with the U.S. sometime after June 10, according to the Inter

A FedEx delivery truck is seen on August 07, 2019 in Fort Lauderdale, Florida. The company’s revenue for the fiscal second quarter that ended Nov. 30 dipped by 3% to $17.3 billion, while its profit plunged by 40% to $560 million. To cut costs and improve profits amid slowing demand, the company said it’s reducing its global FedEx Express air network, restricting hiring and cutting some international and domestic flights. FedEx expanded its ground network to deliver year-round and seven days a we

The California Department of Motor Vehicles announced on Tuesday that it will now allow a broader variety of driverless vehicles to be tested on the state’s public roads, including those in the light-duty category, meaning small to mid-sized trucks and vans. Among other requirements, companies testing the vehicles without a human test driver behind the wheel in California will have to build in a link to a remote operator. A Ford spokesperson said, “We are currently testing AV’s in California, bu

Dow snaps 5-day win streakThe Dow snapped a 5-day win streak ahead of tonight’s impeachment vote. Josh Brown of Ritholtz Wealth Management, and Jeff Saut, Capital Wealth Planning, discuss markets after the bell on “Closing Bell.”

Seen through a store window, a Nike employee stands in the entryway of the Nike SoHo store in New York City. Shoe giant Nike reports fiscal second quarter earnings after the bell on Thursday. Needham expects the retailer to report earnings of 56 cents per share, compared to the 52 cents earned in the same quarter last year. The firm estimates North American sales to grow 6%, compared to 5.5% growth in the second quarter of 2018. Patel also said he expects performance in China and the emerging ma

New York Fed President John Williams said the short-term lending market is functioning well, and the Fed should keep its repo operations in place just as long as needed. The Fed started overnight and longer-term open market operations to keep the market liquid and has said it would continue those operations over the new year. The Fed has said it would continue to conduct open market operations in the repo market into January. Williams noted the size of the Treasury market is growing significantl

Micron earned 48 cents per share excluding certain items on revenue of $5.14 billion, topping the earnings of 47 cents per share and revenue of $5.01 billion analysts expected. Herman Miller shares tanked more than 9% after the office and home furnishing company topped earnings expectations in its second quarter but gave a mixed outlook for the third quarter. The company earned 88 cents per share on revenue of $674 million, while analysts expected earnings of 87 cents per share and revenue of $6

Despite massive fallout from a major scandal that nearly took out the entirety of its 2019 gains, Johnson & Johnson has still managed to push itself 11% higher this year. That’s what Morgan Stanley thinks, and it’s what at least one options trader believes, as well. In fact, this trader threw down $2 million in a bet that the stock is headed even higher. As Nathan would point out, those calls break even if and when Johnson & Johnson hits $148.70, or about 4% higher than where it closed Tuesday.

A federal judge on Wednesday ordered the early release from prison of former WorldCom CEO Bernie Ebbers — mastermind of one of the biggest accounting frauds in history — citing his increasingly dire medical condition. Ebbers, 78, has so far served about 13 years of his 25-year prison sentence for orchestrating the $11 billion accounting fraud by defunct telecommunications company WorldCom. He had been scheduled to be freed in 2028 before Wednesday’s ruling by Judge Valerie Caproni at a hearing i

A new NBC News/Wall Street Journal poll, conducted as the House prepares to vote on two articles of impeachment against the president, shows a deadlock. Those findings mirror the split on Capitol Hill, where the Democratic-controlled House is pushing toward impeachment while the Republican-held Senate resists. Yet responses to other questions in the poll show larger numbers of Americans disturbed by the Trump’s behavior, which represents a warning sign for his 2020 reelection prospects. Just 25%