Kevin O’Leary is right about cars, and his logic can save your retirement

Financially speaking, though, car ownership today is a terrible idea, O’Leary said. You’re thinking about buying a car. Let me give you a new idea: Don’t,” O’Leary said on CNBC.

Tesla puts more cars on sale to maximize $7,500 EV tax credit

Tesla really, really wants to be sure buyers can make the most of the full $7,500 EV tax credit before it's cut in half for the company in 2019. Elon Musk has announced that the automaker is now selling "all" cars where the original customer can't take delivery before the end of 2018. If you're quick on the draw, you could get the full credit even if you're placing an order for the first time.

How the rich get richer in every type of stock market

Keep more In this case, researchers looked at the performance of groups of investors in the Indian stock market. What they wanted to know was, how do the rich get richer in the stock market? The answer, simply enough, is that they take the long view, that is, they hold stocks through downturns.

EUR/USD Price Forecast – the Euro falls on Friday

At this point, it’s likely that short-term rallies will continue to be faded, as the situation between the EU and the UK continues to deteriorate. Ultimately, I believe that the market may go looking towards 1.11 level between now and the end of the year. I believe rallies will be faded, as we continue to see a lot of concerns as a “hard Brexit” will not only damage the United Kingdom, but also damage the European Union and its fragile economy.

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  GBP/JPY Price Forecast – British pound falls hard

  FX Empire
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  Crude Oil Price Forecast – crude oil continues to struggle

  FX Empire

A 10% rally by year-end is still on the table, says Funds...

Fundstrat's Tom Lee says investors should buy stocks hand over fist here. With CNBC's Melissa Lee and the Fast Money traders, Carter Worth, Tim Seymour, Dan Nathan and Guy Adami.

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  Stocks are getting crushed in the winter wipeout and trad...

  CNBC Videos
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  Johnson & Johnson just posted its worst day since 2002

  CNBC Videos

J&J Analysts Say Talc Report Is Old News While Stock Plummets

Barclays analyst Geoff Meacham said concerns related to asbestos being sometimes present in baby powder have been an overhang for some time and the report doesn’t materially change the outlook for the company. Here’s what analysts are saying: Barclays, Geoff Meacham “The main concern from investors is whether JNJ could be faced with criminal charges down the road in light of allegations made in this morning’s Reuters report. While we expect ongoing litigation regarding the company’s baby powder franchise to remain an overhang for shares both near- and long-term, we do not think the story or the risk has materially changed.

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  Special report: J&J knew for decades that asbestos lurked in its Baby Powder

  Reuters
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  Johnson & Johnson Shares Take a Hit Amid Talc Powder Report

  Morningstar

With Saudi Arabia Preparing to Slash Shipments to U.S. Refiners, Crude May Be One Big Inventory Draw Away from Sparking Rally

Although U.S. West Texas Intermediate and international-benchmark Brent crude oil finished lower for the week, February WTI crude oil managed to hold the minor bottom at $50.31, while remaining well-above the main bottom at $49.60. February Brent crude oil held its minor bottom at $58.39 and its main bottom at $57.78. At the same time, WTI remained well-below its recent minor top at $63.71 and Brent under its last minor top at $63.71.

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  Oil Price Fundamental Daily Forecast – Supported by OPEC-led Production Cuts, Capped by Concerns Over Weaker Demand

  FX Empire
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  Crude Oil Price Forecast – crude oil continues to struggle

  FX Empire

If we lose China, we lose the bull market, says Again Cap...

John Kilduff of Again Capital joins "Closing Bell" to discuss the slide in the energy sector led by oil stocks.

A few reasons California companies are making an exit for Texas

One of the things that struck me was that the study’s author – for the first time in his career – urged California businesses to relocate out of state. “Of all of the research reports that I’ve issued over the years, this is the first time I’m openly recommending that companies relocate out of California," wrote Joseph Vranich, president of Pennsylvania-based Spectrum Location Solutions LLC. “Admittedly, that is a rather brazen statement for a business-analysis document, but it is well justified.

The U.S. Stock Market Is Officially in a Correction. And Financial Stocks Are Now in a Bear Market

The three major U.S. stock Indexes have all fallen more than 10% from their recent highs, enough to be considered a market correction. All three are in correction territory, having lost more than 10% during the past three months. Financial stocks, which are seen as a bellwether for other sectors, have fallen harder The S&P 500 Financial Sector Index, which tracks bank and financial services stocks in the S&P 500, closed down 1% Friday at $400.72.

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  Stocks plunge, Dow sheds more than 500 points

  Yahoo Finance
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  Wall St. tumbles on global growth worries, J&J decline

  Reuters

Here’s what smart rich people really do with their nest egg

Most people think they’re above average in intelligence, relationship status and professional achievement. Social scientists call this “illusory superiority.” My business partner Scott Puritz, has found the one area where even above-average people, objectively smart, rich, successful professionals, seem to wave the white flag and admit to not understanding — money and investing. “One of the most shocking things is the low-level financial literacy throughout our culture,” Puritz told the Washington Post.

Executive's arrest, security worries stymie Huawei's reach

While a Huawei executive faces possible U.S. charges over trade with Iran, the Chinese tech giant's ambition to be a leader in next-generation telecoms is colliding with security worries abroad. Australia and New Zealand have barred Huawei Technologies Ltd. as a supplier for fifth-generation networks. They joined the United States and Taiwan, which limit use of technology from the biggest global supplier of network switching gear.

• AP Top Extended Financial Headlines at 12:00 a.m. EST

  Associated Press
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  COP24: Environmental groups criticise ‘morally unacceptable’ climate deal reached after major Poland summit

  The Independent

Boeing is hiring an intern for its 797 New Mid-market Airplane

Boeing is offering a top young U.S. engineer a dream 2019 internship opportunity: A job working on its New Mid-maket Airplane (NMA) program, which some call the 797. The engineering students would start on Boeing's developmental NMA airplane program sometime between January and April next year. The intern would "engage early in our development cycle on the production system of the future" and "interact directly with our company leaders to discuss strategy and the future of Boeing." The job posting comes at a pivotal time for the new airplane program and also as aerospace companies in the Puget Sound region are grappling with a talent shortage.

Analysts Who Warned of Emerging-Market Rout Expect Painful 2019

If Jason Daw is right, some of the world’s biggest investors are setting themselves up for a major disappointment. The Singapore-based strategist at Societe Generale, one of the few to anticipate the slump in emerging markets beginning in January, sees no imminent turnaround for the asset class. He said the modest rally in currencies since September, led by Turkey’s lira, Brazil’s real and South Africa’s rand, is temporary and that slower global growth and additional tightening by the Federal Reserve will continue to weaken developing-nation currencies.

Suze Orman has a killer question for your retirement

Suze Orman is one of those singular personalities in the financial business who seems to be right on the pulse of everyone she meets. She’s written books, starred in her own television show and made innumerable appearances in person. Like Oprah and Bono, she’s nearly a one-name-only celebrity.

Silver Price Forecast – Silver markets fall on Friday

That’s a good sign, so I think that the market may try to bounce towards the $15 level. If we can break above the $15 level, then I think the market probably goes towards the $16 level. The alternate scenario of course is that if we break down below the $14.50 level, then we could go down to the $14 level.

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  GBP/JPY Price Forecast – British pound falls hard

  FX Empire
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  Crude Oil Price Forecast – crude oil continues to struggle

  FX Empire