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- FinanceBusiness Insider•10 hours agoThe CEO of United Technologies just let slip an unintended consequence of the Trump-Carrier jobs deal
Greg Hayes, the CEO of United Technologies, the parent company of air-conditioner manufacturer Carrier, just let slip a consequence of a deal struck to keep jobs in Indiana. Carrier said last month that it would keep more than 1,000 jobs across two locations in Indiana, following pressure from president-elect Donald Trump. The decision was touted as a win for the incoming president, who had pledged keep the jobs from moving to Mexico.
- BusinessKiplinger•13 hours ago
Retirement investing is not what it used to be. The problem with the Federal Reserve's attempt to goose the economy is that it killed bond yields, forcing retired investors further out onto the risk curve, making it difficult to find safe stocks to buy. When it comes to retirement stocks, I have very firm requirements, which I'll describe in detail when I launch my stock advisory newsletter, The Liberty Portfolio, early next year.
- BusinessCNBC.com•20 hours ago
The Dow Jones industrial average has gained about 1,200 points over the past month. And interestingly, nearly half of that advance has been produced by just three stocks. Leading the field by a wide margin is Goldman Sachs: That stock's 26.5 percent rally over the past month has added about 320 points to the Dow. In second place is UnitedHealth, which is up about 15.7 percent, and has consequently tacked about 150 points onto the 30-stock index. Finally, Caterpillar's 17.3 percent run had added about 95 points, just ahead of JPMorgan's 90-odd point contribution. As it happens, these four stocks, including JPMorgan, are the best performers over the past month. But their contributions could be