The weakness seen in banks and cyclical stocks on Monday will be short-lived and investors should buy them right now, CNBC’s Jim Cramer said. “If you look at the stocks that hit today, I don’t think they’re going to stay down,” said the Mad Money host, noting the “counter-trend rally” on behalf of Monday’s stay-at-home…

Volkswagen ID Buzz vehicle. Aeva Volkswagen inadvertently posted a press release on its website a month earlier Monday, announcing a new name for its US business, Voltwagen of America, highlighting the German automaker’s efforts to promote electric vehicles. A company spokesman declined to comment on the release, which was dated April 29 and has since…

Concern for New York’s future continues as state lawmakers consider drastic measures that could hinder the city’s recovery from the Covid-19 pandemic. New York Governor Andrew Cuomo proposed in January that taxes be increased for the rich and that state-level spending on Medicaid and schools be cut. Conservatives argue that higher taxes could cause wealthy…

The US faces “impending doom” as daily Covid-19 cases rise again and threaten to send more people to hospital, despite vaccinations accelerating nationwide, the head of the US Centers for Control and Prevention said of diseases on Monday. “When I started at CDC about two months ago, I made a promise to you: I would…

A man walks past the barbed wire and security fences that surround the U.S. Supreme Court in Washington on January 26, 2021. Al Drago | Reuters The Supreme Court said Monday that he would hear a request from the Kentucky Republican Attorney General to allow him to defend a state law that restricts a type…

piola666 | E + | Getty Images Approximately £ 7.5 million (US $ 10.33 million) of public funding will be used to support the development of eight wave energy projects led by UK universities, including one inspired by marine life to enhance the efficiency and resilience of the Sector in the coming years. The money…

Here are the top news, trends, and analysis that investors need to get their trading day started: 1. Dow to complement Thursday’s late session comeback Traders work on the trading floor of the New York Stock Exchange. NYSE Pedestrians wearing protective masks carry shopping bags in San Francisco, California on Wednesday, February 17, 2021. David…

In this photo illustration, the UK multinational pharmaceutical company GlaxoSmithKline (GSK) logo is displayed on a smartphone with a computer model of the COVID-19 coronavirus in the background. Budrul Chukrut | SOPA pictures | Getty Images GlaxoSmithKline and Vir Biotechnology filed Friday with the Food and Drug Administration for emergency approval for their monoclonal antibody…

A United Airlines Boeing 737-800 and a United Airlines A320 Airbus approaching San Francisco International Airport, San Francisco. Louis Ribbon | Reuters United Airlines will fly back to John F. Kennedy International Airport in New York on Sunday for the first time in more than five years as the airline takes a break in air…

Dr. Anthony Fauci, director of the National Institute for Allergies and Infectious Diseases, testifies on the federal response to the coronavirus on Capitol Hill during a Senate Committee on Health, Education, Labor and Pensions hearing on March 18, 2021 in Washington, DC. Susan Walsh | Pool | Getty Images The recent spike in new Covid-19…