LOS ANGELES – The parking lot outside a stark-looking dispensary on a busy Los Angeles street is almost full on a weekday afternoon. Inside, jars of weed line the shelves behind a counter and colorful signs show prices. But if everything looks normal, it isn’t. The dispensary is part of …

There has been a paradigm shift in the budding marijuana industry and it has affected how Wall Street trades in the space, CNBC’s Jim Cramer said Thursday. Pot stocks caught fire last year between Canada’s legalization of recreational weed and the United State’s legalization of hemp in the 2018 Farm …

Traders work the floor of the NYSE. Brendan McDermid | Reuters Another day, another market milestone. The Dow Jones Industrial Average surged above 27,000 for the first time ever on Thursday, just a day after the S&P 500 topped 3,000. Here’s a look at the stocks that drove the last …

Microsoft CEO Satya Nadella speaks at a fireside chat with the CEO of German carmaker Volkswagen (unseen) where they unveiled their cooperation for the Volkswagen Automotive Cloud in Berlin on February 27, 2019. Tobias Schwarz | AFP | Getty Images Microsoft’s answer to the trendy team chat app Slack has …

The US flag flies over shipping cranes and containers in Long Beach, California on March 4, 2019. Mark Ralston | AFP | Getty Images This upcoming earnings season is shaping up to be a weak one. Because of uncertainty around trade wars and global growth, a bulk of U.S. companies …

Federal Reserve Chairman Jerome Powell said the relationship between unemployment and inflation has collapsed. “The relationship between the slack in the economy or unemployment and inflation was a strong one fifty years ago … and has gone away,” Powell said on Thursday during his testimony in front of the Senate …

Delivery trucks sit parked at loading docks outside the Fastenal Co. distribution center in Jessup, Pennsylvania. Luke Sharrett | Bloomberg | Getty Images For those who don’t see the trade war with China hurting U.S. business, a big industrial with a $17 billion market value just sounded the alarm on …

Economic forecaster Lakshman Achuthan has a warning for investors: Brace for earnings to go negative. According to the Economic Cycle Research Institute co-founder, the global slowdown is unleashing major challenges for U.S. corporations. Achuthan turns to a chart of S&P 500 earnings growth to build his case. “Every time you …

As a major stock market index hit a new record high on Wednesday, one Wall Street veteran is warning that the risks of an economic recession are steadily increasing. Moments after the S&P 500 crossed above 3,000 points, Art Cashin, managing director at UBS Financial Services, spoke to CNBC’s “Squawk …

The Federal Reserve Bank building in Washington, D.C. Kevin Lamarque | Reuters The Federal Reserve deciding to cut rates can be a great thing for the stock market, or a sign of trouble ahead — depending on the timing. The first rate cut, when the economy isn’t in a recession, …