CNBC’s Jim Cramer is bullish about Apple‘s iPhone potential in China. The tech titan has been a focal point of the trade war between the United States and China, but the dispute reportedly has not damped Chinese consumer interest in the latest iPhone launch that hit stores worldwide on Friday. Demand for the cheaper of
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 Developments in U.S.-Chinese trade talks and the comments from a host of Fed speakers could be important for markets in the week ahead,
CNBC’s Jim Cramer raised concerns Friday about a major part of the U.S. economy. The “Mad Money” host said he’s feeling a new level of “anxiety about industrial” companies. “Small- and medium-sized businesses [are] doing well; big industrial just not doing well.” Smaller companies are faring OK because U.S. consumer activity, which accounts for two-thirds
When it comes to healthy financial habits, tapping your income ahead of payday is an old-school red flag. However, a growing number of companies, including Walmart, are giving advances by offering what’s now called “accelerated pay.” As a perk, roughly 12% of companies include accelerated pay as another way of luring job candidates as wages
null Getty It’s entirely possible that you could live for 25 to 30 years after you retire. Planning to be financially secure for the rest of a potentially long life requires making a series of complex decisions, each with high stakes. And you often won’t have a “do-over.” If you can avoid making these seven
Getty It just got easier to take money out of your 401(k) or 403(b) retirement plan. The Internal Revenue Service has issued final rules on hardship withdrawals that spell out a host of changes meant to cut down on red tape. Some are mandatory—employers must make the changes as of Jan. 1, 2020, and other
Google CEO Sundar Pichai said the company is willing to subsidize the housing sector in Dublin. (Photo by Justin Sullivan/Getty Images) Getty Images Google is willing to build homes in order to ease Dublin’s housing crisis, the company’s CEO said. Sundar Pichai told The Independent newspaper in Ireland that the technology giant, which employs over
A presentation by professor of corporate finance and equity valuation, Aswath Damodaran. In this presentation, Aswath discusses what he sees as the four key principles of valuing a company. This includes distinguishing valuation from accounting, not focusing purley on modeling, the difference between pricing and valuation and the power of luck. ???? Books by Aswath
Walmart will stop selling e-cigarettes amid “regulatory complexity” and “uncertainty” around the products, the retailer said in a memo Friday. “Given the growing federal, state and local regulatory complexity and uncertainty regarding e-cigarettes, we plan to discontinue the sale of electronic nicotine delivery products at all Walmart and Sam’s Club U.S. locations,” the company said.
The New York Federal Reserve will continue overnight repurchase operations through October as it seeks to quell market instability from earlier this week. Short-term rates in the “repo” market spiked overnight Monday amid a shortfall in funding stemming from a variety of factors. The Fed responded with a series of liquidity injections aimed at preventing
California Governor Gavin Newsom signed a bill into law, AB5, that would force more companies to treat more workers as employees, not contractors. What’s the big deal? Whether it’s ride-sharing companies like Uber and Lyft, or delivery companies like Postmates, Doordash and Instacart, a slew of companies have grown up in the smartphone era with
Traders work after the closing bell at the New York Stock Exchange (NYSE) on August 12, 2019 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images For investors taking a breather from the chaos in August, buckle up as the market is about to go crazy again, Goldman Sachs warned.
Before you start counting all the ways you’d use the $211 million Mega Millions jackpot if you’re lucky enough to win, remember that a hefty chunk of the bonanza goes to Uncle Sam. The game’s top prize has been climbing since late July, when a single ticket sold in New Hampshire matched all six numbers
Retirement planning strategies change throughout our careers. While not on the cusp of retirement, as many Baby Boomers are, members of Generation-X are farther along in their career journeys than Millennials and younger generations. With less time to build their nest eggs, Gen-Xers need to pursue different strategies than workers just starting out or those
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column addresses when to file for spousal benefits, when spousal benefits become available, whether survivor benefits can be voluntarily stopped, maximizing benefits for a married couple and when the Social Security
If you work in real estate, you’ll come across countless properties while helping your clients buy and sell their homes or buildings. And in the process, you may discover a newly listed site that would be perfect for a previous client. Sharing the news with that person is a great way to grow your business and referrals—as long
An interview with billionaire real estate and private equity investor, Sam Zell. In this interview, Sam discusses what he sees as the attributes needed to become successful. Sam also talks about the importance of avoiding competition and focusing on supply and demand when investing in real estate and other industries. ???? Sam Zell’s new book
McLaren Chief Executive Officer Zak Brown looks on from the pitwall during final practice for the F1 Grand Prix of France at Circuit Paul Ricard on June 22, 2019 in Le Castellet, France. Dan Istitene | Getty Images Sport | Getty Images The chief of Britain’s McLaren Racing says the team is ready to be
A worker pushes Amazon.com Inc. packages in front of a FedEx Corp. delivery truck in New York. Christopher Lee | Bloomberg | Getty Images Shares of FedEx fell more than 7% Tuesday after the company missed quarterly earnings estimates and lowered its 2020 guidance. Here’s how the company did for its fiscal first quarter, ended
U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer arrive for a group photo session after a meeting with Chinese Vice Premier Liu He in Beijing on May 1, 2019. Andy Wong | AFP | Getty Images BEIJING — The U.S. is temporarily exempting more than 400 types of Chinese products from tariffs