Intel Pentium CPU photographed after Intel revealed information about major flow in the chipsets. JP Black | LightRocket | Getty Images Intel stock jumped as much as 8% in extended trading on Thursday after the chipmaker beat third-quarter earnings expectations and reignited revenue growth. Here are the key numbers: Earnings: Excluding certain items, $1.42 per
Robinhood COO Gretchen Howard Source: Colson Griffith Photography. (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) It was early January — just one month after stock-trading start-up Robinhood announced a failed checking and savings product. It was also Gretchen Howard’s first
Tim Cook presents at the Apple launch event in Cupertino, Calif on Sept. 10th, 2019. Source: Apple (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) Here are the best analyst calls on Wall Street this week: Morgan Stanley- Apple, Overweight rating
If you’re going to make Medicare coverage changes that include dropping or buying a supplemental plan — aka, Medigap — make sure you know the rules that come along with it. Medicare’s annual open enrollment period — now underway through Dec. 7 — allows you to switch various parts of your coverage for next year.
Finding a retirement advisor is not as easy as it sounds. The sheer amount of advisors out there can be overwhelming, let alone the different types of platforms, devices, services, and other technology that are available all trying to vie for you and your hard earned dollars. Here’s the problem. You can find thousands of
Getty There are almost 75 million Baby Boomers—those born between 1946 and 1964—in the U.S. today. Approximately 10,000 of them retire each day. That’s a lot of potential people taking required minimum distributions (RMDs) who may not need them. After age 70 ½, an RMD must be withdrawn from your traditional IRAs and 401(k)s each
From the rooftop pool at Optima Kierland Village, an ultra-luxury rental and for-sale development … [+] opening in Scottsdale, Ariz. in 2020, bathers will be able to revel in Valley of the Sun views. Optima, Inc. In an age of increasing development costs and growing paucity of available land, much rides on every real estate
With one jam-packed week of earnings down, another is nigh. The Dow Jones Industrial Average posted its second positive trading week in three, the S&P 500 had its third positive week in a row and the Nasdaq Composite posted its fourth-straight week of gains. The S&P 500 closed about three points off its all-time highs,
A driver for Brewers Distributing Co., loads a hand truck with Anheuser-Busch beer during a delivery at Hole In The Wall Saloon in Pekin, Illinois. Daniel Acker | Bloomberg | Getty Images Shares in Anheuser-Busch InBev tumbled 10% on Friday after the world’s largest brewer lowered profit growth forecasts for this year after drinkers in
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC October’s employment report is expected to show job growth of just 90,000 workers, due to the impact of the strike at General Motors on the company’s payroll and those of its suppliers.
Dara Khosrowshahi, CEO of Uber Technologies, speaks during an Economic Club of Washington event in Washington, DC, June 11, 2019. Saul Loeb | AFP | Getty Images Here are the biggest calls on Wall Street on Friday: Guggenheim initiated Uber as ‘buy’ Guggenheim said Uber has an underappreciated pricing leverage, among other factors. “1) We
Erica Yungen Ostergren, 51, admits to a very casual password system: an old school catalogue envelope with cross-outs and coffee rings. Source: Erica Yungen Ostergren Erica Yungen Ostergren keeps important financial information, such as website passwords and logins, in one handy place. “Hilariously, it is all on the back of a yellow envelope that I
Getty You know the old expression, “Everybody talks about the weather, but nobody does anything about it.” I sometimes feel that way about the high cost of health care. But Dr. Marty Makary, author of the new book about America’s health care system — The Price We Pay — is someone who’s actually doing something
NEW YORK, NY – DECEMBER 19: Protestors demonstrate against the 2017 tax bill about to be passed by a … [+] Republican congress on December 19, 2017 on Wall Street in New York City. There were 15 voluntary arrests. (Photo by Andrew Lichtenstein/ Corbis via Getty Images) Corbis via Getty Images With all the problems
Aldi’s new Uptown Minneapolis location demonstrates their ability to leverage high traffic areas … [+] that few grocers can consider. Sanford Stein I’m an admitted Aldi convert. I used to turn my nose up when my wife shopped the store, largely due to my ignorance and elitism; no more. Since visiting their newest additions to
CNBC’s Jim Cramer on Friday said the slate of earnings reports he saw this week gave him a positive feeling about the week ahead. He breaks down what quarterly reports he’ll have his eye on. The “Mad Money” host also sits down with American Airlines CEO Doug Parker to find out how the company is
Verizon Communications beat Wall Street estimates for third-quarter profit and revenue on Friday, as it signed up more phone customers who pay a monthly bill. The company added 615,000 postpaid customers, above analysts’ estimates of 527,000 subscribers, according to research firm FactSet. The results come as the largest U.S. wireless carrier by subscribers prepares to
Citigroup could double its stock price in the next three to four years, Wells Fargo analyst Mike Mayo told CNBC on Friday. It’s hardly a guarantee, Mayo said, but if the nation’s third-largest bank gets a few things straightened out, it’s possible. “As long as Citi moves in the right direction, gets the higher returns
Grim as it may be, backup-generator maker Generac Holdings is soaring as power cuts in California become the norm. The stock opened at a new all-time high on Friday, and is up 85% for the year. This week PG&E announced another large-scale preemptive power cut for hundreds of thousands of customers in California. PG&E is
CNBC | Jaden Urbi Big changes could be coming down the pipeline for the 44 million Americans with student debt. Presidential campaign proposals and recently introduced legislation aim to rewrite the rules around student loan interest, repayment and refinancing. Some of the plans would reduce — or altogether erase — people’s balances. More from Personal