- Sports & Recreation
- Niki Lauda
TARENTUM, Pa. (AP) — A Pennsylvania mall that was foreclosed on after its owners failed to repay $143 million has been auctioned off for $100.
China’s lone aircraft carrier, the retrofitted Liaoning, has spent the past several weeks cruising around the South China Sea. It recently passed through the Taiwan Strait, which seen by some observers as a threatening message to Taiwan’s president, Tsai Ing-wen. The Taiwanese president, of course, set off diplomatic red alerts when she phoned Donald Trump to congratulate him on being elected president – and he took the call in what Beijing considers a violation of the “One China” policy in place since 1979.
Pfizer is working on its seventh straight loss after failing near heavy resistance.
The highest price in the Dow in past month is 1.4 percent higher than the one-month low. That is the narrowest gap between high and low in a lifetime.
China and the United States can resolve any trade disputes through talks, the government said on Thursday, as a Chinese newspaper warned U.S. business could be targets for retaliation in any trade war ushered in by President-elect Donald Trump. Trump, who is sworn into office on Friday, has criticised China's trade practices and threatened to impose punitive tariffs on Chinese imports. Billionaire investor Wilbur Ross, Trump's choice for commerce secretary, voiced sharp criticism of China's trade practices on Wednesday, telling senators he would seek new ways of combating them.
Jamie Dimon says the card will deliver a good return despite it initially costing the bank millions.
The rise of populism across developed nations is now more important than central banks for global market participants, Ray Dalio has said.
The employee contribution limits for 401(k) plans and individual retirement accounts will stay the same this year as in 2016 — $18,000 for workers under 50 and $24,000 for those 50 and older. The saver’s credit is worth between 10 and 50 percent of 401(k) contributions up to $2,000 (individuals) or $4,000 (couple). The income limit for heads of household will be $46,500 this year, a change from $46,125 last year.
CNBC's Jim Cramer explains why he is watching Apple.
Company left much to be desired.
President-elect Donald Trump has set a fundraising record for his inauguration on Friday, reportedly raising $100 million so far. This eclipses the previous record of $55 million set for Barack Obama’s first inauguration. Whether Trump will spend the entire amount remains to be seen.
In the first half of 2016, the Dow Jones utility average, a proxy for hefty dividend payers, was a market leader, rising 26%. Portfolio managers suggest that in this environment it makes sense to invest in companies that should deliver both above-average dividend growth and above-average earnings. If you're bullish on oil prices, Chevron is attractive, says Paul Franzen, a senior analyst with the Commerce Value Fund.
A survey of human resources executives by outplacement firm Challenger Gray and Christmas found that 100 percent of them said that they would continue to provide coverage to employees with pre-existing conditions, and 60 percent said they’d continue to offer coverage to employee’s children through age 26. The cost of employer-sponsored health care has been on the rise for years, although the rate of the increase has been slowing as more companies shift to consumer-driven plans and find other ways to reduce costs. More than 150 million Americans receive health care coverage from their employer or a family member’s employer.
Jan.18 -- Yale University Professor Robert Shiller shares the economic advice he would give to President-elect Donald Trump and talks about the bubble he sees in U.S markets. He speaks from the World Economic Forum in Davos, Switzerland on "Bloomberg Surveillance."
Jim Cramer explains the trading theory for a hedge fund to make money on a stock like Bank of America.
As a result, a rising stock market, such as we've had of late, can make it harder for income investors to find attractive dividend payers. Indeed, the current dividend yield on Standard & Poor's 500-stock index is just 2.1%, down from 2.3% a year ago.
Jim Cramer goes over various stocks in the lightning round.
LONDON (AP) — Britain's future outside the European Union became much clearer Tuesday: It's so long to the single market, goodbye to the European Court of Justice and farewell to the freedom of movement for workers.
During the weeks leading up to Mark Zuckerberg's decision to buy Oculus for $2 billion...
(Reuters) - Department store operator J.C. Penney Co Inc said on Tuesday it would open Nike Inc outlets in more than 600 of its stores to tap into the high demand for activewear and athletic shoes.