This photo taken on May 3, 2018 shows a worker cutting steel at a factory in Huaibei in China’s eastern Anhui province. AFP | Getty Images China’s official Purchasing Managers’ Index for manufacturing came in slightly above expectations at 50.2 for the month of December, the country’s statistics bureau said on Tuesday. Economists polled by Reuters had
The amount of mergers and acquisitions in 2020 will trail the previous two years, transactions lawyer Michael Nemeroff told CNBC on Monday. “We still think 2020 will be robust, but not quite as robust as 2019 and 2018,” Nemeroff, the CEO of law firm Vedder Price, said on “Closing Bell.” The value of deals across
The need to adjust the federally mandated base pay is moot thanks to the strength and present dynamics of the U.S. economy, staffing expert Tom Gimbel told CNBC on Monday. “The days of a national minimum wage are really over,” Gimbel, founder and CEO of LaSalle Network, said on “The Exchange.” “That’s why the interesting
What a difference a decade can make. In 2010, batteries powered our phones and computers. By the end of the decade, they are starting to power our cars and houses too. Over the last ten years, a surge in lithium-ion battery production drove down prices to the point that — for the first time in
Hero Images | Getty Images When the clock strikes midnight on Dec. 31, it will not only usher in a new decade. It will also bring in a host of retirement changes. And that could have big implications for your money. The good news is that you will be able to save even more in
“The End of Old Age: Living a Longer and More Purposeful Life, by Marc E. Agronin, M.D. Da Capo Press, 227 p. The title of this valuable book on aging seems over-reaching and marketing driven to to me. But I’ll concede the author’s premise: that our predisposition to view aging as a depressingly high hurdle
Concern about the $100 billion Mormon horde, the “scandal” I have dubbed EnsignGate seems to still be a thing. I have a little more to share on it, but I would also like to do a bit of review of my Mormon coverage. I have made an attempt to stake a big claim to the
Skyline of Miami, Florida, USA around Sunset. Getty Here’s the 2020’s update on the luxury residential market. Look to Millennials to give the luxury segment a boost over the next decade as their wealth increases along with the desire to own luxury real estate. According to coldwellbankerluxury.com’s, A Look At Wealth 2019: Millennial Millionaires, “By 2030,
Miles Sanders #26 of the Philadelphia Eagles is tackled by Deone Bucannon #29 of the New York Giants at MetLife Stadium on December 29, 2019 in East Rutherford, New Jersey. Steven Ryan / Getty Images NFL viewership ratings are on the rise for the second straight year, giving league officials an edge in pushing to
Workers assemble cars on the line at Tesla’s factory in Fremont. David Butow | Corbis News | Getty Images Check out the companies making headlines in midday trading. Goodyear Tire — The tire company’s stock gained more than 2% after Nomura initiated coverage with a buy rating and $20 target. The firm is optimistic about
Traders work on the floor at the New York Stock Exchange, December 9, 2019. Brendan McDermid | Reuters The S&P 500 has risen nearly 30% this year on the back of stocks like Apple and AMD. The following stocks are Wall Street analysts’ picks to lead the benchmark in 2020. CNBC identified these stocks by
Activists participate in a rally urging the expansion of Social Security benefits in front of the White House July 13, 2015. Getty Images Raising the retirement age is an emotional issue. For evidence, just look at proposals to move up the full retirement age for Social Security. Even the idea upsets advocates who want to
Getty Social Security is the primary retirement income source for many Americans – for over 60% of them it provides more than half of their retirement income. Security discussions often focus on retirement security, but a number of related benefits also deserve the spotlight, such as survivor benefits for a surviving spouse. Survivor benefits play a crucial role in
Share to facebook Share to twitter Share to linkedin Growing trends like 5G and cloud software will change the game, according to analysts. Forbes Topline: Leading technology giants like Apple, Microsoft and Google have led the way for the stock market’s rally in 2019, but heading into next year, transformational trends like 5G, cloud computing
Natalie Diaz, chief of staff at Time Equities Inc. LMS Entertainment The chief of staff at Time Equities Inc. is working to effect change for women throughout the real estate industry, starting with inside her firm. The developer was founded in 1966 and 31.1 million square feet of residential and commercial property in its portfolio, in
A nurse holds up a one dose bottle and a prepared syringe of measles, mumps and rubella virus vaccine made by Merck at the Utah County Health Department on April 29, 2019 in Provo, Utah. George Frey | Getty Images A cabal of doctors are hiding the cure for cancer, berries are more effective than
U.S. stock index futures were slightly higher Monday morning. At around 2:00 a.m. ET, Dow futures climbed 23 points, indicating a slightly higher open of just 2 points. The S&P 500 and Nasdaq indexes were also marginally higher. U.S. equities have enjoyed a strong rally in December, with the main indexes hitting record highs last
Mekong River cruises are booming, particularly in Cambodia and Vietnam. In 2020, at least 10 river boats — some quite luxurious — will cruise the lush and navigable lower Mekong. Most resemble the river boats of Europe, staffed with chefs who prepare authentic regional fare and local guides who share cultural histories as well as
Logo and mascot ‘Ali cattle’ at the headquarters of Alibaba Group in Hangzhou. Zhang Peng | LightRocket | Getty Images Technology and bank stocks in Asia dominated the top picks for analysts in 2019, as shares in the region made strong gains this year. Mainland Chinese stocks also rallied this year, with the Shanghai composite
This year has been one of superlatives: The longest bull market in history. Historically low unemployment. S&P 500 returns approaching 30%. Millions of Americans had a great financial year. If you’d like 2020 to be another of positive financial steps, don’t just rely on the economy and luck. Instead, craft realistic resolutions that can help