U.S. Markets open in 34 mins.
  • If you’re over 55, take this job and love it
    Business
    CNBC.comyesterday

    If you’re over 55, take this job and love it

    Perhaps the best time to change up your career is when you're near its end. Close to one in five individuals aged 65 and over continues to punch the clock every day, according to the Pew Research Center. Meanwhile, more than half of Americans ages 50 to 64 are working and not retired, according to data from the Associated Press-NORC Center for Public Affairs Research. Indeed, older employees may continue working because they need to strengthen their finances. But 9-to-5 doesn't have to be a grind — if you plan for it, said Kerry Hannon, author of "Getting the Job You Want After 50 for Dummies." "If there's a kind of work that you want to move toward when you retire," she said, "it's important

  • Apple is on a crash course to being first company to ever be worth $1 trillion
    Business
    The Street23 hours ago

    Apple is on a crash course to being first company to ever be worth $1 trillion

    Apple's (AAPL) market cap is surprisingly only 40% away or so from reaching $1 trillion. Don't laugh, the milestone could very well happen.  Shares of the tech giant have been on a tear lately amid expectations for a blowout iPhone 8 unveiling, which is expected later this year. Also helping power the stock was a solid holiday quarter and expectations around President Trump enacting a tax holiday, which would be great for Apple as it holds more than $246 billion in cash overseas. Some of that repatriated cash could be used for sweeter dividends and stock buybacks.   But as myself and TheStreet's Scott Gamm discussed on Friday, several things need to happen before Apple's market cap can reach

  • Yellen may have the clearest explanation for the stock market’s record run
    Business
    MarketWatch22 hours ago

    Yellen may have the clearest explanation for the stock market’s record run

    Janet Yellen knows why the stock market has been on a record tear. The chairwoman of the Federal Reserve on Feb. 15 offered up a pretty clear explanation for investors’ recent elation over equities in her testimony in front of the House Financial Services Committee. “I think market participants likely are anticipating shifts in fiscal policy that will stimulate growth and perhaps raise earnings,” Yellen said, responding to a question about what is behind the markets' meltup. Read: Stock indexes close at records as Dow extends winning streak That description is what most on Wall Street refer to as the Trump rally. That is a revival of so-called animal spirits inspired by expectations that President