This is How Much Money You Should Have in Stocks — at Every Age

The solution: Invest just a little to get started. While setting aside money may be hard, it’s easier than ever to get in the market. Over the past decade, more and more 401(k)s have begun auto-enrolling participants.

Citigroup Faces $180 Million Loss on Loan to Asia Fund

The hedge fund and Citigroup are in discussions on the positions and how they should be valued, said people with knowledge of the talks, who asked not to be identified because the discussions are private. The matter was escalated to Citigroup’s board, one person said. The bank is also reorganizing its prime brokerage business as a result of the expected financial hit, the person said.

Warren Buffett suggests you read this 19th century poem when the market is tanking

The stock market has had a volatile year, and it's not over yet: The Dow Jones Industrial Average lost more than 520 points on Monday and the S&P 500 fell 2.1 percent. During times of volatility, seasoned investor Warren Buffett says it's best to stay calm and stick to the basics, meaning, buy-and-hold for the long term. Market downturns are inevitable, Buffett pointed out, using his own company as an example: "Berkshire, itself, provides some vivid examples of how price randomness in the short term can obscure long-term growth in value.

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  If Warren Buffett Loves Wells Fargo So Much, Why Is He Selling the Stock?

  Motley Fool
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  An Apple a Quarter Might Not Keep Berkshire Healthy

  Market Realist

Trump Tries to Halt Subpoenas for Tax Returns and Revenue Information in Anti-Corruption Case

The Justice Department asked an appeals court Dec. 17 to halt an anti-corruption lawsuit against President Donald Trump before tax returns and financial documents from Trump-connected businesses and people have to be provided under subpoena. Thirty-eight subpoenas have been sent so far to Trump associates and some federal officials. The trial court judge previously ruled that the case brought by the attorneys general of Delaware and Washington, D.C. could proceed, and authorized subpoenas that would give the plaintiffs insight into the financial operations of the Trump Organization, which operates a major hotel in D.C. that receives bookings from foreign officials and governments.

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  Justice Department asks appeals court to end Trump emoluments case

  Reuters
• Trump Lawyers Ask Appeals Court to Halt Maryland-D.C. Emoluments Suit

  Bloomberg

Blue Apron's 90% Drop Makes It Third Worst U.S. IPO This Decade

While it may be hard to believe, that’s not the worst first 18 months for a public company this decade on U.S. exchanges. Blue Apron can’t blame slumping oil prices for its woes -- the New York-based meal kit delivery service is the only non-energy company that finds itself within the bottom five debuts for U.S. based companies this decade. Blue Apron’s IPO in June 2017 was led by Goldman Sachs Group Inc. and Morgan Stanley.

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  Blue Apron Falls Under $1 as Sell-Off Shows No Signs of Stopping

  Bloomberg
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  Why Blue Apron Stock Sank Today

  Motley Fool

Costco's CEO makes 191 times more than its median employee

Costco Wholesale Corp. CEO Craig Jelinek made 191 times more than the Issaquah-based company's median employee, according to a proxy disclosure filed Monday. It's the first time Costco has disclosed its pay gap since it became required under the Dodd-Frank Wall Street Reform and Consumer Protection Act.

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  Costco Stock Looks Good After Its Post-Earnings Plunge

  Motley Fool
• Costco Stock’s Drop Last Week Means It’s Time to Buy, JPMorgan Says

  Barrons.com

I was wrong on the sell-off, but this bull market isn't d...

Joseph Zidle, Blackstone, talks to the traders about why he's still bullish on the market. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Guy Adami.

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  Market Open: December 17, 2018

  CNBC Videos
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  It's been a year since bitcoin hit all-time highs, here's...

  CNBC Videos

What Wall Street strategists forecast for the S&P 500 in 2019

Wilson previously pointed to weak earnings results in equities this year as a contributing factor to a “rolling bear market,” with the forward price-earnings multiple for the S&P 500 falling 18% at the end of October from its peak in December 2017. The bad news is that with a narrow P/E range combined with what is likely to be stagnant 2019 EPS forecasts means we are in for a choppy ride until those numbers fully adjust or there is a shock (positive or negative) that allows multiples to expand or contract more significantly than our forecast,” he added. Morgan Stanley’s base case price target for the S&P 500 is 2,750 for 2019, with a bull and bear case of 3,000 and 2,400, respectively.

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  Credit Suisse Cuts Most Bullish S&P 500 Target After Sell-Off

  Bloomberg
• Sell-off forces Credit Suisse to slash 2019 S&P 500 target before year has even begun

  CNBC

Kroger launches first-ever unmanned grocery delivery service

Kroger Co. has made its latest advancement in grocery home delivery by launching the first unmanned delivery service available to the general public. Cincinnati-based Kroger (NYSE: KR), the nation’s largest operator of traditional supermarkets, is starting unmanned grocery delivery service today in Scottsdale, Ariz., using custom-made Nuro unmanned vehicles. Kroger says it’s the first-ever unmanned delivery service that the public can access.  Kroger began testing self-driving delivery from its Fry’s Food Store in Scottsdale in August.

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  Kroger starts use of unmanned vehicles for delivery in Arizona

  Reuters
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  Kroger launches Nuro unmanned vehicles to delivery groceries to customers in Arizona

  USA TODAY

Four things need to happen for the stock market to bottom...

Jim Cramer says four things need to happen for the stock market to find a true bottom as sellers drive the major averages lower.

• BP Could Be Set for a Rebound as Downside Momentum Has Slowed

  TheStreet.com
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  Cramer Remix: Johnson & Johnson has to stop dropping for ...

  CNBC Videos

How an American Is Trying to Rescue a $100 Billion Gold Mining Company

John Thornton is a Goldman Sachs alumnus educated at Yale, Harvard and Oxford. Mark Bristow is a South African geologist and big-game hunter. Together, this corporate odd couple has a plan to turn around the lagging fortunes of the world’s largest gold-mining company, whose shares are down 67 percent from their high in 2010.

Judge Rules Sumner Redstone is Incapacitated and Needs Independent Legal Guardian

Media mogul Sumner Redstone is set to be the latest client of Samuel Ingham, who previously served as a court-appointed conservator for pop star Britney Spears. Redstone, the controlling shareholder of CBS and Viacom, was ruled incapacitated by a Los Angeles Judge on Monday. The ruling came as part of ongoing litigation about Redstone’s trust.

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  Judge Appoints Legal Guardian, Britney Spears’ Former Conservator, for Sumner Redstone

  Variety
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  Sumner Redstone Goes “Toxic”: Britney Spears’ Lawyer To Be Mogul’s Guardian

  Deadline

Forget Drones. Amazon’s Jeff Bezos Needs Lots of Delivery Guys

High-tailing it through town in gas-slurping vans to leave packages on doorsteps just like the milk man, postal worker, UPS guy and pizza dude before them. Bezos this summer issued a call-to-arms to aspiring entrepreneurs, offering them a chance to earn $300,000 a year by starting their own businesses making Amazon deliveries. All for as little as $10,000 up front, far less than the $250,000 it takes to open a fast-food franchise like McDonald’s or the $1 million required to buy a typical FedEx delivery business.

Oil Crashes to 1-Year Low as Dark Clouds Envelop Demand Outlook

Futures fell as much as 6 percent in New York on Tuesday. Anxieties about economic growth swirled after Chinese President Xi Jinping appeared to push back against U.S. President Donald Trump in a key Beijing speech. “Oil has gotten caught up in all the panic you’re seeing,” said Bill O’Grady, chief market strategist at Confluence Investment Management LLC in St. Louis.

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  Oil dives on fears of glut, global economic slowdown

  Reuters
• Oil Dives Lower

  Rigzone.com

Indians Are Buying Gold for as Little as One Cent

“A lot of people have been buying at one rupee,” according to Gaurav Mathur, managing director of digital platform SafeGold, which has partnered with payments apps such as Flipkart Online Services Pvt.’s PhonePe to sell gold starting at that price. Since its launch last year, about 3 million people have already transacted on the platform and the company, which counts the World Gold Council as one of its investors, is targeting to raise this to 15 million by next year, he said.