In fighting the US-China trade war, China’s political elite makes a big mistake: it assumes that China has achieved “power parity” with the US. That’s according to a recent article published in the September issue of Current History. It argues that the growing economic interdependence between the world’s two largest economies has given China the
Fans cheer as the Michigan team takes the field at Michigan Stadium for an NCAA college football game against Wisconsin in Ann Arbor, Mich., Saturday, Oct. 13, 2018. (AP Photo/Tony Ding) ASSOCIATED PRESS When it comes to college football, there’s no price too high for fan loyalty. Last year, fans in the SEC conference reportedly
Dane Collaro, dressed as Spider-Man, shows his displeasure with the Sony/Disney spat over the web slinger, as he walks through the D23 Expo with his girlfriend Lauren Wood, dressed as Anastasia, in Anaheim, CA, on Friday, Aug 23, 2019. MediaNews Group/Orange County Register via Getty Images | MediaNews Group | Getty Images With great power,
Lululemon is doing some heavy lifting after reporting earnings. The yoga apparel stock was up more than 7% after the bell Thursday following a profit and revenue beat in its recent quarter. Shares have surged more than 50% this year, one of the top performers on the Nasdaq 100. Miller Tabak equity strategist Matt Maley says
Federal Reserve Chairman Jerome Powell said Friday the central bank’s pivot this year to lower interest rates has helped sustain U.S. economic growth. Speaking during a forum in Zurich, the central bank leader gave mostly positive reviews to where the U.S. stands now, even while much of the rest of the world weakens. “The Fed
Source: Waste Connections Christopher Warner and Ozo Jaculewicz helped build one of the top-performing funds of 2019 with an unconventional bet: Waste Connections. Waste Connections, a waste management company based in Canada, has the largest weight in the Wells Fargo Asset Management Discovery fund (WFDAX), which is managed by Warner and Jaculewicz. Their bet on
When Marie Villegas, 46, an IT project manager, was about to start a new position with the Department of Defense contractor she works for, she Googled “salary negotiation tips.” “I knew my responsibilities would increase, but I wasn’t sure how to actually ask for more money,” she said. That’s how Villegas learned about a free
Share to facebook Share to twitter Share to linkedin Investment consulting pioneer Richard Ennis spent much of his youth hotrodding and frequenting Harry’s poolroom. Getty Richard Ennis’ new autobiographic book, Never Bullshit the Client- My Life In Investment Consulting tells the story of his misspent youth, the interest he later developed in finance theory and
As a parent who’s just sent our youngest child off to college, financial aid is on the top of my brain. Like many parents, we made every effort to set up our daughter for a debt-free degree. We spent almost two years on selecting the best-fit college for her. It was an anxious time, to
outdoor portrait of well dressed middle age caucasian adult woman and man couple under falling large group of money Getty I know what that title sounds like. It sounds like a get rich quick scheme. In which case, it sounds like a scam. If that’s how you perceived it – and I’m guessing you probably
CNBC’s Jim Cramer maps out what he’s expecting in stock news next week, including economic data from the U.S. and China, along with earnings reports. The “Mad Money” host is says Amazon and Campbell Soup are worth buying here. Cramer sits down with home decor retailer At Home CEO Lee Bird to hear how the
A woman jogs past a Lululemon retail store. Bloomberg | Getty Images Lululemon on Thursday reported second quarter earnings that topped analysts’ expectations, sending the athletic apparel retailer’s shares up as much as 5% in after-hours trading. The company also hiked its full-year outlook. CEO Calvin McDonald said in a statement he sees “significant runway”
People recover items from a beached boat after Hurricane Dorian September 5, 2019, in Marsh Harbor, Great Abaco. Brendan Smialowski | AFP | Getty Images Damage from Hurricane Dorian in the Caribbean could reach up to $3 billion, a risk firm estimated on Friday. Insurance losses from Hurricane Dorian’s impact on the Caribbean will range
White House economic advisor Larry Kudlow said recent conversations with China “went very well.” “The phone call the night before last with Secretary Mnuchin and Lighthizer and Vice Premier Liu He went very well. That’s important,” Kudlow said Friday on CNBC’s Squawk on the Street. “The phone lines have been open during this period and
Geber86 | Getty Images The cost of care has become so onerous that some people have ditched going to the doctor altogether. To save on health care, a third of people aged 25 to 45 avoided seeing a medical professional, hoping instead that their condition will eventually resolve, according to data from the Nationwide Retirement
Using the new Medicare Plan Finder can be a headache. Getty The new Medicare Plan Finder will be the exclusive source of information for 2020 Part D drug plans and Medicare Advantage plans. According to a CMS promotional video, beneficiaries can create an “online account for a personalized experience.” People approaching age 65 or getting ready to
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 examines whether restricted applications reduce retirement benefits, potential effects of foreign pensions, whether SSA’s benefit estimates include reductions due to the WEP, maximizing widow(er)’s benefits and when during the month
Share to facebook Share to twitter Share to linkedin AFP/Getty Images Topline: WeWork parent firm We Co is considering slashing its share offering by half, which could take the company’s valuation to $20 billion in its anticipated IPO and far below the $47 billion that the fast-growing real estate firm, with hundreds of office-sharing spaces
Kevin Johnson, CEO, Starbucks Scott Mlyn | CNBC CHICAGO — As 12,000 Starbucks store managers from the U.S. and Canada descended on Chicago this week, the coffee chain announced a series of changes coming soon that will affect employees. Starbucks’ Leadership Experience was the first conference for its employees since 2014 and CEO Kevin Johnson’s
DocuSign CEO Dan Springer. Source: DocuSign Shares of enterprise cloud company DocuSign shot up about 19% Friday morning after the company reported better-than-expected revenue and strong guidance. The rally added about $1.5 billion to the company’s market cap, bringing it to $9.6 billion. For its second quarter of 2020, DocuSign reported $236 million in revenue,