Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington Lindsey Wasson | Reuters A committee is set to deliver its findings to Boeing’s board this week on how the company can design and build safer airplanes after the fatal crashes of two 737 Max jets, The
Traders and financial professionals work ahead of the closing bell on the floor of the New York Stock Exchange. Drew Angerer | Getty Images U.S. stock futures dropped on Sunday night amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth. Dow Jones Industrial Average
Tim Cook at the Apple launch event in Cupertino Calif. on Sept. 10th, 2019. Source: Apple Here are the biggest calls on Wall Street on Friday: Goldman Sachs lowered its price target on Apple to $165 from $187 Goldman lowered its price target and said it sees a 26% downside to shares due to the
Not every relationship lasts forever. And the one with your financial advisor doesn’t need to, either. If the market’s wild ride and your recent returns have made you rethink the advice you’ve been getting, it could be time to consider a switch. However, knowing when or how to break up with your advisor is difficult.
Last Saturday’s sophisticated attacks in heavily guarded ARAMCO’s facilities by Houthi insurgents change the game for the oil market, and for ARAMCO’ Initial Public Offering (IPO). That’s according to Athens-based oil analyst Theophanis Matsopoulos. For the oil market, Matsopoulos sees disruption in oil supplies and rising tensions between Saudi Arabia and Israel on the one
River View Ranch is being sold as a turnkey operation. Summit Sotheby’s International Realty Anyone with $45 million could buy a sprawling ranch in northern Utah that stretches across four counties. Once home to Debbi Fields of Mrs. Fields Cookies fame, the property on more than 200,683 acres is being sold as a turnkey operation
New York Governor Andrew Cuomo. Drew Angerer | Getty Images New York Gov. Andrew Cuomo on Sunday announced an emergency executive action ban on the sale of flavored electronic cigarettes in the state, amid a surge of vaping-related illnesses and deaths across the country. “Vaping is dangerous. Period,” the governor said. “No one can sit
SoFi Stadium conceptualization Rachel Reichblum | SoFi Financial technology start-up Social Finance is putting its name on the most expensive NFL stadium ever built. The company announced a 20-year deal on Sunday to call the new Los Angeles football compound “SoFi Stadium.” The 3-million-square-foot arena, which will be home to both the Rams and the
Chesnot | Getty Images Netflix is missing out on the broader market’s rally, but don’t give up on the stock, says Piper Jaffray. The firm reiterated its overweight rating on the stock and its $440 price target. “Despite an onslaught of new streaming services currently casting a cloud of concern over NFLX shares, we expect
RgStudio | E+ | Getty Images You can get 50,000 bonus miles or a $100 statement credit. How about free checked bags or rental insurance? Sound good? Well, have we got a card for you. So goes the irresistible sales pitch of sexy rewards and perks that many credit card issuers make to an American
Employees at Willson Electronics manufacturing facility in St. George, Utah. Source: Wilson Electronics Bruce Lancaster is confident his company can beat any competitor. The problem, he says, is that Wilson Electronics is fighting an uphill battle against several Chinese companies that do not respect intellectual property laws and don’t play by the rules. “These Chinese
“Who would have thought that a half white/half Korean boy from a lower income, predominantly Hispanic neighborhood would be involved in a tussle with a titan of finance and its army of Ivy League attorneys?” says Johnny Burris. Burris “I’m no hero,” Johnny Burris told me yesterday. “Fighting a desperate battle against one of the largest banks
The vast gig economy may be about to change, and not just in California. California is often a leader in laws regulating employment, often followed quickly by other states, so the changes could spread. The California Senate passed Assembly Bill 5 that could require Uber, Lyft and many gig companies to treat workers as employees. A
It seems like all the talk these days is centered around the inevitable recession. I see an article every day claiming that the end is near. Recently, the yield curve inverted, which many point to as a strong indicator of an oncoming recession. But, there are also many experts who claim the economy is strong.
On their first trading day in May 2019, shares of Beyond Meat soared 163%. It was the best performance for an IPO in nearly two decades. At one point in 2019, Beyond Meat was bigger than 25% of companies in the S&P 500. Beyond Meat shares rode a perfect storm. Beyond Meat was the first
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Boeing. Chris Verrone was a buyer of JPMorgan. Brian Kelly was a buyer of the Gold Miners ETF. Guy Adami was a buyer of Exxon Mobil. Disclosure Trader disclosure: Chris Verrone is long BAC, DBX, GILD, QD, SMAR,
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on August 19, 2019 in New York City. Drew Angerer | Getty Images News | Getty Images The market is inches away from reclaiming its all-time highs on renewed trade hopes, but things can change on
Jens Karlsson | Flickr | Getty Images Many people nearing retirement and craving warmth think of Florida. Yet some destinations offer even more idyllic weather — if you’re willing to look beyond the U.S. A new report by International Living, a guide to retirement abroad, ranks destinations where you might think about spending your later
Where are you going to find meaningful income to get you through retirement? Not from popular stocks, with the S&P paying less than 2%. And bonds won’t help either, as their yields are in the tank, too. Instead let’s consider real estate investment trusts (REITs), which are tailor-made for investors who are at or nearing
Share to facebook Share to twitter Share to linkedin U.S. President Donald Trump speaks at a roundtable on the economy and tax reform on April 15, 2019 in Burnsville, Minnesota. At the special Tax Day roundtable Trump gave a defense of his 2017 tax cuts.(Photo by Adam Bettcher/Getty Images) Getty Images Topline: Facing backlash, President