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Air cargo rates slump but some companies see long-term strength

The cost of shipping air freight around the world is slumping, but some companies say the world's shift to flying goods around the...

Business

FedEx CEO says he expects the economy to enter a ‘worldwide recession’

FedEx CEO Raj Subramaniam told CNBC's Jim Cramer on Thursday that he believes a recession is impending for the global economy."I think so....

Business

Biden backs running West Coast ports 24-7 to ease bottlenecks

WASHINGTON -- As supply chain bottlenecks around the world threaten to hobble the U.S. holiday shopping season, President Joe Biden will unveil a...

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Big banks, Facebook, Tesla & more

Take a look at some of the biggest movers in the premarket:Big banks – Goldman Sachs (GS), Bank of America (BAC), Morgan Stanley...

Business

‘The sell-off probably isn’t done’

CNBC's Jim Cramer on Friday looked ahead to next week's key market events, which include public remarks from multiple Federal Reserve officials and...

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