The rally in infrastructure-related stocks Monday demonstrates the growing influence of retail investors on Wall Street, CNBC's Jim Cramer said. "Historically, you had to buy before something good happens, and then sell into the news. … Not this market, though," the "Mad Money" host said. "It's a new world, more straightforward, less pessimistic, and you ignore this optimism at your […]

The U.S. Department of Defense is the largest employer in the world, with some 3.2 million people on its books — more than 1.4 million of them on active military duty. (These are the states where the most Americans serve in the military.) About 200,000 of those service members retire every year, and there are currently an estimated 2.19 million […]

TOKYO (Reuters) – Japan’s real wages declined in September for the first time in three months as inflation picked up faster than growth in nominal pay, the government said, a sign of global cost-push inflation starting to affect Japanese households.FILE PHOTO: People cross a street in Tokyo March 18, 2015. . REUTERS/Yuya Shino (JAPAN – Tags: BUSINESS EMPLOYMENT)/File PhotoIn September […]

For the second time in as many days, Houston Fire Chief Samuel Piña pointed out failings on the part of rapper Travis Scott and concert promoter Live Nation at the Astroworld Festival in Houston on Friday, where a tragic string of incidents claimed eight people’s lives and injured hundreds of others. “If the lights would have been turned on – […]

Randal Quarles, who served a dual role as Federal Reserve governor and vice chairman for bank supervision, said Monday he is resigning effective in December. With Quarles’ departure, at least one other vacancy and the expiring term of Chairman Jerome Powell, President Joe Biden will have the chance to remake the Fed. Federal Reserve Governor Randal Quarles said he is […]

WASHINGTON (Reuters) -U.S. Federal Reserve officials on Monday turned their focus towards a debate over interest rate policy that is likely to intensify in coming months, with one top official saying the conditions for a rate hike could be met next year with job growth expected to continue and inflation already pushing beyond comfortable levels.Slideshow ( 2 images )Fed Vice […]

(CNN)A crowd surge at a Houston music festival on Friday crushed concertgoers as they were left trampled and gasping for air, struggling to survive against a wall of people pressing forward toward the stage. Police are investigating the potential causes of the surge, which occurred at the Astroworld Festival at NRG Park and led to the deaths of eight people […]

New highs won't stop a few key stock groups, two traders say. Four S&P 500 sectors — industrials, consumer staples, consumer discretionary and technology — reached fresh all-time highs Friday, the index's seventh straight day of gains. On a relative return basis, there's a clear winner, Craig Johnson, senior technical research analyst at Piper Sandler, told CNBC's "Trading Nation" on […]

DETROIT (Reuters) – A union-affiliated pension fund advisor pressing Rivian on human rights and environment concerns in the electric vehicle startup’s battery supply chain ahead of a blockbuster initial public offering said on Monday the company’s response fell short of expectations.FILE PHOTO: R.J. Scaringe, Rivian’s 35-year-old CEO, introduces his company’s R1T all-electric pickup truck at Los Angeles Auto Show in […]