Alternate crop.) Zion Williamson #1 of the Duke Blue Devils dunks the ball against the Syracuse Orange during their game in the quarterfinal round of the 2019 Men’s ACC Basketball Tournament at Spectrum Center on March 14, 2019 in Charlotte, North Carolina. ( Streeter Lecka | Getty Images Shares of MSG Networks fell more than
Cisco’s Chairman and CEO Chuck Robbins speaks to participants during the Viva Technologie show at Parc des Expositions Porte de Versailles in Paris on May 24, 2018. Chesnot | Getty Images Cisco shares rose 3% after hours on Wednesday after the company reported better-than-expected earnings for the third quarter of its 2019 fiscal year, which
Jamie Grill | Image Bank | Getty Images Recent market volatility is shining a spotlight on equity funds, but make sure you don’t overlook the risks hiding in the “stable” part of your 401(k). Generally, investors think of bonds as a safe corner of their portfolio, offsetting the day-to-day dramatic movements you might see in
Mark Cuban, billionaire investor and owner of the NBA’s Dallas Mavericks, told CNBC on Tuesday that Uber’s disappointing initial public offering last week was “not a surprise” because the ride-hailing company waited too long to go public, losing the momentum early companies typically have. “It’s not a growth company,” Cuban said in a phone interview
Comstock Images | Stockbyte | Getty Images People who have trouble focusing see an optometrist. Those with back pain perhaps visit a chiropractor. Similarly, individuals in unique financial situations, who earn money in a special way or belong to a specific social group may have considered consulting not only one of the nation’s 300,000 or
Jeffrey Gundlach Jin Lee | Bloomberg | Getty Images DoubleLine CEO Jeffrey Gundlach warned investors Tuesday that the U.S. is unequipped for recession as it becomes increasingly strapped by debt. “Any thoughtful person would be concerned,” the so-called “bond king” said in a webcast. “It’s sounding like a pretty bad cocktail of economic risk, and
The logos of QQ Music, Kugou and Kuwo are seen on the screen of an iPhone on June 12, 2018 in Paris, France. QQ Music, Kugou and Kuwo are the three streaming Chinese music services owned by Tencent. Chesnot | Getty Images China’s Tencent Music Entertainment Group said it had started charging for more of
The CEOs of companies with outsized exposure to China are anticipating that the United States will escalate trade tensions even further by extending tariffs to more Chinese products, CNBC’s Jim Cramer said Tuesday. Though President Donald Trump’s trade strategy is “flawed,” a 25% tariff on all Chinese imports could force the country to change its
Sprinklers water the lawns of a housing development in Hesperia, California. (Photo by David McNew/Getty Images) David McNew | Getty Images News | Getty Images You probably have a rough idea of how much energy and water your home uses, based on your utility bills. But new technologies aim to turn the tables, letting you
The Social Security Office in Alhambra, California. Mario Anzuoni | Reuters As Washington and Beijing face off on tariffs, there could be one unseen group affected: retirees. The Senior Citizens League, a nonpartisan group advocating for seniors, on Tuesday released its latest report on the buying power of Social Security benefits. The group also projected
Ethan Brown, founder and CEO of Beyond Meat, prepares to ring the opening bell to celebrate his company’s IPO at the Nasdaq Market site in New York, May 2, 2019. Brendan McDermid | Reuters Shares of Beyond Meat, which makes plant-based meat substitutes, surged more than 14% on Tuesday, adding to their stellar start in
Niklas Halle’n | AFP | Getty Images Democracy and capitalism are being threatened by growing economic inequalities in both the U.S. and the U.K., new research warned on Tuesday. The report, from the Institute for Fiscal Studies (IFS), was published as the organization launched a wider review into inequality around Britain, which will be chaired
With the trade war raging, some traders believe when Apple bounces back, so will the market. Not only is Apple in the cross hairs of trade friction between the U.S. and China, but it has a rather influential position as a Dow stock, and part of both the S&P 500 and Nasdaq. Apple’s 2% gain
Copies of ‘Grand Theft Auto V’ on display for sale at a GameStop store in Peru, Illinois. Daniel Acker | Bloomberg | Getty Images Take-Two Interactive Software reported lower-than-expected quarterly revenue and forecast first-quarter sales below analysts’ expectations, as it faces intense competition from free-to-play “battle royale” games “Fortnite” and “PUBG.” Shares of the company
Sundar Pichai, CEO of Google, speaks to the media before the opening of the Berlin representation of Google Germany in Berlin on January 22, 2019. Carsten Koall | Getty Images News | Getty Images Google parent company Alphabet was down 1% Tuesday after Morgan Stanley analysts warned the stock will continue to deteriorate in the
Two years ago, the Securities Industry and Financial Markets Association conducted a cybersecurity simulation that mimicked a real attack. The test included the participation of more than 50 financial firms, as well as government regulators and SIFMA itself. Now, the industry trade group is preparing for the latest iteration of its test — dubbed Quantum
Thanagon Karaket / EyeEm | EyeEm | Getty Images If you’re having a hard time building a six-month emergency fund, you might want to rethink where you live. A new study from personal finance website Bankrate took a look at the cities where it is most difficult or easy to stash away cash in case
Getty Images With the stock market roiling amid a wave of new barbs between Washington and Beijing, investors are scrambling to figure out where to put money in times of volatility. History shows gold and bonds outperform when fear spreads on Wall Street. Many on traders and investors believe the selling isn’t over yet. Traders
Owner of the New England Patriots Robert Kraft walks on the field prior to the game against the New Orleans Saints at the Mercedes-Benz Superdome on September 17, 2017 in New Orleans, Louisiana. Chris Graythen | Getty Images Sport | Getty Images A Florida judge on Monday handed New England Patriots owner Robert Kraft a
President Donald Trump, U.S. President Donald Trump’s national security adviser John Bolton, U.S. Treasury Secretary Steven Mnuchin attend a working dinner with Chinese President Xi Jinping after the G20 leaders summit in Buenos Aires, Argentina December 1, 2018. Kevin Lemarque | CNBC The United States kicked off the necessary process before Washington can impose tariffs
Walmart announces same-day delivery for shoppers’ orders more than $35. Source: Walmart Walmart is firing back. The biggest retailer in the world will now offer shoppers the option to have their online orders delivered the next day, following Amazon on April 25 promising one-day delivery for all Amazon Prime members and spending $800 million to
republica | E+ | Getty Images Socially responsible investing has exploded across the globe and interest in it has never been higher. But there is a real chance the business and financial communities will let slip opportunities to fully capitalize on the demand. SRI assets are growing at nearly 40% year-over-year since 2016, according to
Howard Adler Kurt S. Adler In the escalating trade war between the U.S. and China, who pays? In a word, my family does. We are leading importers of Christmas decorations and have been in business since 1946. President Donald Trump‘s imposition of a 10% tariff last September on many categories of products we offer has
Mike Wilson, Chief U.S. Equity Strategist and Chief Investment Officer at Morgan Stanley. Adam Jeffery | CNBC The U.S. economy could fall into a recession if the country’s trade war keeps escalating, Morgan Stanley’s Michael Wilson said Monday. Wilson, the bank’s chief U.S. equity strategist, told clients in a note that higher U.S. tariffs on
Stocks plunged Monday on fears the trade war will now last longer and escalate further, damaging the global economy and crushing corporate profit growth. Large cap stocks, or those in the S&P 500, have now lost $1.2 trillion since President Donald Trump surprised markets with the May 5 weekend tweets that said he was thinking
Apple CEO Tim Cook visits a China Mobile shop in Beijing, China. ChinaFotoPress | Getty Images Apple is down over 6% on Monday after news of a major escalation in the U.S.-China trade war. China said on Monday that it decided to raise tariffs on some U.S. goods after President Donald Trump threatened to further
Investing isn’t just a man’s game. Financial equality and independence are just as important for women. And for those women looking to seek a life of prosperity and build wealth, having the right investing skills is the key. Many women may think they lack the knowledge and insight necessary to grow their money with investments.
The Dow Jones Industrial Average is on course to close Friday with its worst weekly losses of the year as trade uncertainty continues to spook investors. Matt Maley, equity strategist at Miller Tabak, has some advice for those concerned over these wild market swings. “The old saying people would say [is] “don’t just stand there,
Even if the May pullback lingers until summer, Cresset Capital’s Jack Ablin plans to embrace it. He believes market and economic fundamentals are intact, and a U.S.-China trade deal isn’t essential to keeping the bull market alive. Ablin cites liquidity —the ability and desire to borrow, spend and invest money — as a critical driver
Lyft President John Zimmer (R) and CEO Logan Green speak as Lyft lists on the Nasdaq at an IPO event in Los Angeles March 29, 2019. Mike Blake | Reuters Lyft will report quarterly earnings after Tuesday’s market close for the first time since going public in March. Here’s what analysts are expecting from Lyft’s
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