CNBC’s Jim Cramer on Thursday said excessive negative sentiment about the stock market being spewed out in the media is leaving too many potential investors on the sidelines. After rising slightly during the trading session, the S&P 500 has rallied more than 26% thus far in 2019. Yet, just about 1 in 3 American voters
A shopper at a Dollar General store Daniel Acker | Bloomberg | Getty Images Dollar General raised its full-year profit forecast on Thursday after reporting a better-than-expected quarterly same-store sales as it attracted more shoppers to its stores. Shares of the company rose nearly 6% in premarket trading as same-store sales rose 4.6% in the
Job growth should appear strong in November as striking GM workers returned to the workforce. Economists surveyed by Dow Jones expected 187,000 jobs were added in November, and Refinitiv’s consensus forecast was 180,000. Wages are expected to rise by 0.3% in the month, and unemployment is expected to remain at 3.6%. The government’s monthly employment
Elon Musk, chief executive officer of Space Exploration Technologies Corp. (SpaceX) and Tesla Inc., speaks during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. Patrick T. Fallon | Bloomberg | Getty Images Elon Musk testified under oath he’s not sure know how much he’s worth. The Tesla and SpaceX
Workers walk outside the Tesla Inc. Gigafactory in Shanghai, China, on Friday, Nov. 1, 2019. Qilai Shen | Bloomberg | Getty Images Morgan Stanley increased its “bull case” for Tesla to $500 a share on Thursday, in the firm’s calculation of a best case scenario for the company’s value if Cybertruck is successful and the
Before the calendar flips to 2020, you might want to see if there are some moves you can make to take advantage of the tax breaks for medical expenses. Experts say it’s worth exploring, as the cost of health care continues its upward climb. The U.S. spent about $3.5 trillion on health care in 2017,
Gov. J.B. Pritzker signs the state budget and legislation related to a graduated income tax in … [+] Illinois, during a bill signing Wednesday, June 5, 2019 at the Thompson Center in Chicago. (AP Photo/Amr Alfiky) ASSOCIATED PRESS Which matters more: Providing the necessary funding for the intellectually disabled to be able to access group
Share to facebook Share to twitter Share to linkedin Friday’s jobs report will deliver key insights into the U.S. economy. Lynne Sladky/ASSOCIATED PRESS Topline: With the U.S. Labor Department set to release its monthly jobs report on Friday, Wall Street will be watching the numbers closely to get a gauge of the economy’s momentum and
Unwrap luxury goodness Photo by Michelle on Unsplash Do you have to buy a holiday gift for someone who has everything? Well, they don’t have everything until they receive a gift from you. Here are some of the best luxury gifts to give and receive this season, from one-of-a-kind art to bedding, jawdropping keepsakes and
Lee Westwood of England plays his second shot on the third hole during the first round of the DP World Tour Championship Dubai on The Earth Course at Jumeirah Golf Estates on November 21, 2019 in Dubai, United Arab Emirates. David Cannon/Getty Images “Leadership League” is a unique insight into how the decision makers, power
A shopper carries a Tiffany & Co. retail bag on Fifth Avenue in New York, May 30, 2019. Victor J. Blue | Bloomberg | Getty Images Tiffany shares fell more than 1% in premarket trading Thursday after the luxury jeweler reported earnings and revenue that fell short of analyst expectations. Here’s what Tiffany reported compared
Cargo ships sit docked at the Port of Savannah in Georgia Ty Wright | Bloomberg | Getty Images The U.S. trade deficit fell in October to its lowest level in more than a year as exports and imports both slid for the month, the Commerce Department said Thursday. The deficit tumbled 7.6% to $47.2 billion
Charles Taylor | Getty Images There are less than four weeks left in the year, and your chances of a holiday gift at work are looking pretty good. About 2 in 3 companies anticipate giving workers a year-end bonus or perk, according to new data from Challenger, Gray & Christmas. The Chicago-based recruiting firm polled 250
Employees and sellers of the online marketplace Etsy stand with CFO Kristina Salen on the floor of the Nasdaq as the company became public, April 16, 2015, in New York. Getty Images Here are the biggest calls on Wall Street on Thursday: Morgan Stanley downgraded Etsy to ‘underweight’ from ‘equal weight’ Morgan Stanley downgraded the
Ah, the joys of new marital bliss. Now … about those tax returns. If you tied the knot this year (or plan to this month), it’s worthwhile evaluating what getting married will mean for your 2019 tax situation. While many couples will see their taxes drop, some will face a “marriage penalty” — paying more
Senator Rand Paul (R-KY) has a new idea to address student debt—take from your retirement. (Photo By … [+] Bill Clark/CQ Roll Call) CQ-Roll Call, Inc via Getty Images Senator Rand Paul (R-KY) has a new idea to address student debt—take from your retirement. Earlier this week, Senator Paul introduced the Higher Education Loan Payment
Want to pay less in taxes? Here are the eight moves you need to make before the end of 2019. Christmas is coming, which means it is time to give yourself the gift of tax savings. We share some … [+] valuable year-end tax planning moves. Getty 2018 was the first year people filed taxes
Star Wars’ creator George Lucas has bought a beachfront property next to his villa in Carpinteria, … [+] California. (Photo by Frazer Harrison/Getty Images) Getty Images Legendary director George Lucas is expanding his beachfront villa in Carpinteria, California, after the purchase of a 2-acre site next door for $28 million. The property acquired by Lucas,
The Hong Kong government is keeping an open mind to additional measures that will help support the city’s economy, Edward Yau, the city’s secretary for commerce and economic development, said on Thursday. “Hong Kong is of course hit doubly by a sort of twin cycle — U.S.–China trade war and also the local unrest; I
Marc Benioff, Co-CEO of SalesForce speaking at the WEF in Davos, Switzerland on Jan. 22, 2019. Adam Galica | CNBC Salesforce shares bounced around in extended trading on Tuesday after the cloud software company reported better-than-expected results. The stock initially rose about 1% and then fell 2%. Here are the key numbers of the fiscal