Nvidia Stock Is a Buy When the Chips Are Down

Shares of Nvidia (NASDAQ:NVDA) have come under serious selling pressure recently. Nvidia stock has fallen nearly 20% from the late April highs at $190. Although NVDA stock will likely remain volatile in the near term, volatility also provides opportunity.

The Father of the 401(k) Says This Is the Key to Retirement Today

You're either one or the other, says the father of the 401(k), and your income doesn't determine the answer. “There's people who make tons of money who don't become successful at saving, and then there are others, surprisingly, who shock the heck out of me—they don't make big bucks but they have substantial savings,” Ted Benna, the creator of the 401(k), said on Tuesday at The Wall Street Journal's Future of Everything Festival in New York, The Wall Street Journal reported. The average household aged 40 to 55 earning between $75,000 and $100,000 has just $70,000 in overall assets, which includes retirement funds (but excludes the house and car), according to an analysis by Quartz of Federal Reserve Data.

• 
  6 Late-Stage Retirement Catch-Up Tactics

  Investopedia
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  3 Ways a Roth 401(k) Can Boost Retirement Savings

  Consumer Reports

Cramer: Stay away from this 'forbidden city of stocks'

Jim Cramer says there's a shortage of buyable stocks on the market and that money managers are staying out of these sectors.

• Lowe's Cuts Earnings Outlook, Citing Cost Pressures

  Bloomberg
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  Cramer Remix: The cannabis stocks I'm eyeing

  CNBC Videos

Is It Time to Throw in the Towel on Tesla Stock?

Safe Stocks to Buy for Anxious Investors Specifically, after a huge Model 3 production and demand surge in the U.S. in late 2018, domestic demand has fallen flat in early 2019. That flat demand comes against the backdrop of a domestic electric-vehicle market that is likewise stagnating in early 2019, thanks to lower EV adoption incentives. Simultaneously, Tesla is struggling to deliver the Model 3 overseas, and its international sales haven't quite lived up to expectations, either.

Tesla reduces prices on Models S and X amid stock slump

Tesla has reduced the prices of its two most expensive models, raising concerns about fading interest in its cars and whether the company can generate enough cash to pay all the bills. On Monday, Tesla cut $3,000 from the price of the Model S sedan and $2,000 from the Model X SUV. The company said in a statement that it periodically adjusts prices and available options like other car companies.

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  Tesla (TSLA) Stock Isn't a Bargain, Despite Recent Sell-Off, Says Needham

  SmarterAnalyst
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  Will Tesla stock plunge to $125 a share?

  Yahoo Finance Video

Charlie Munger explains the best career strategy 'for the great mass of humanity'

During the 2019 Berkshire Hathaway Annual Shareholders Meeting, Vice Chairman Charlie Munger shared advice on how most people should approach obtaining success in their careers. “I think the right strategy for the great mass of humanity is to specialize,” Munger said. While some companies tend to focus on investing in stocks that fall under the same sector, Berkshire Hathaway has shied away from that.

Ex-Credit Suisse Banker Pleads Guilty in $2 Billion Mozambique Scam

An ex-Credit Suisse Group AG banker became the first person to plead guilty in what U.S. prosecutors called a $2 billion fraud and money-laundering scam tied to loans to Mozambique that were used to pay bribes and kickbacks. Detelina Subeva, 37, a former vice president in the bank's global financing unit, pleaded guilty on Monday to one count of conspiracy to launder funds. The U.S. agreed to drop three other conspiracy charges against Subeva, who's one of three Credit Suisse bankers accused of working with Mozambique's ex-finance minister in a secret kickback scheme.

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  S.Africa sends home Mozambique ex-finance minister

  AFP
• South Africa minister says Mozambique ex-finance minister to be extradited home

  Reuters

10 Names That Are Screaming Stocks to Buy

Following top analysts is an easy way to identify stocks to buy that experts believe have strong investing potential. Investors can be reassured that these stocks to buy are the crème-de-la-crème as far as the Street is concerned. Safe Stocks to Buy for Anxious Investors Bearing this in mind, let's dive in and take a closer look at the top 10 best stocks to buy: 10 Names That Are Screaming Stocks to Buy: Facebook (FB) Social media giant Facebook (NASDAQ:FB) is one of the best stocks to bu .

It's a stock picker's paradise–and here's what you should be buying

The Dow jumps 200 points. So what happens next? A look at what the traders bought today, with CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Brian Kelly, Mark Tepper and Tim Seymour.

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  There 'really no evidence' of plant-based meats' nutritional benefits: Former U.S. Ag Sec.

  CNBC Videos
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  A top strategist says take advantage of any volatility and buy now

  CNBC Videos

At all-hands meeting Jeff Bezos tells employees he's 'very excited' about the auto industry

At an all-hands staff meeting in March, Bezos told employees that he's fascinated by the recent developments in the auto industry. Amazon's ownership stake in private companies shot up to almost $1.4 billion last quarter, marking the first time it crossed the $1 billion mark since disclosing that figure in 2015. At an all-hands staff meeting in March, Amazon AMZN CEO Jeff Bezos told employees that he's fascinated by the recent developments in the auto industry, adding that it was one of the main reasons why Amazon led a $700 million investment in electric vehicle start-up Rivian in February.

J.C. Penney's dreadful earnings reaffirm that it probably has one foot in the grave

J.C. Penney's latest dreadful earnings report card only reaffirms one thing about the retail icon — despite a well-regarded new CEO at the helm, the company is knocking on death's door. While the long struggling department store retailer tried to instill hope on Tuesday by saying it sees positive free cash flow in 2019, it's damn near impossible for any rational investor to overlook another three months of massive losses and believe things will soon magically improve. J.C. Penney's conference call with Wall Street analysts was also nothing to write home about.

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  J.C. Penney and Kohl's Shares Plunge on Weak Earnings

  Motley Fool
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  US Stock Market Overview – Stock Rebound Led by Energy and Technology

  FX Empire

Companies to Watch: Qualcomm under pressure, Apple may get hit big, blame pointed at Boeing

A Federal judge says the chipmaker violated antitrust rules, blocked the competition and charged excessive licensing fees. The judge ordered Qualcomm to renegotiate its licensing deals. Qualcomm says it strongly disagrees with the ruling and will appeal.

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  Why Qualcomm's Stock Crashed Today

  Motley Fool
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  Qualcomm's Day of Reckoning May Have Arrived

  Bloomberg

Suze Orman Says These Are The Biggest Money No-Nos

Best-selling author, TV host and personal finance guru Suze Orman has been inspiring Americans for decades to make better money moves and avoid serious financial mistakes. She'll be the first to tell you that what you don't do with your money may be even more important than what you do with it. Here are 22 major money don'ts — straight from the expert.

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  Travel Insider Reveals Secrets To Save Money On Car Rentals

  Rachael Ray CBS
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  Want to Start Saving More Money? Do These 4 Things

  Motley Fool

US, China appear to brace for long haul in trade dispute

With negotiations on hold and tariffs piling up, the United States and China appear to be bracing for a prolonged standoff over trade. Beijing is airing Korean War movies (antagonist: America) to arouse patriotic feelings in the Chinese public and offering tax cuts to software and chip companies as U.S. export controls threaten Chinese tech companies. In Washington, Treasury Secretary Steven Mnuchin is talking to Walmart and other companies about finding ways to ease the pain if President Donald Trump goes ahead with plans to extend import taxes to the $300 billion in Chinese products that haven't already been hit with tariffs.

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  Stocks could fall 10% in 'all-out' trade war: Barclays

  Yahoo Finance
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  Read the letter 172 footwear companies sent to Donald Trump

  Quartz

How Is Your 401(k) Taxed When You Retire?

As with other income, distributions from traditional 401(k) and traditional IRA accounts are taxed on an incremental basis, with steadily higher rates for progressively higher tiers of income. As of the 2018 tax year, rates were reduced by the Tax Cuts and Jobs Act of 2017; however, the basic structure, comprising seven tax brackets, remains intact. For example, a married couple that files jointly and together earns $80,000 would pay 10% tax on the first $13,600 of income, 12% on the next $38,200, and 22% on the remaining $28,200.

• 
  The Father of the 401(k) Says This Is the Key to Retirement Today

  Money
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  6 Late-Stage Retirement Catch-Up Tactics

  Investopedia

Blue States Warned of a SALT Apocalypse. It Hasn't Happened

New York, in fact, saw revenue rise $3.7 billion in April from a year earlier, thanks to a shift in timing of taxpayer payments, a stock market that rallied through much of 2018 and a decade-long economic expansion that's pushed national unemployment to a 50-year low. Similar windfalls arrived in New Jersey, California and Illinois -- states that, like New York, had warned of dire consequences from the law. In all, about 64% of American households paid less in individual income tax for 2018 than they would have had the Tax Cut and Jobs Act not become law, according to the Urban-Brookings Tax Policy Center.

U.S. eases curbs on Huawei; founder says clampdown underestimates Chinese firm

SHANGHAI/NEW YORK (Reuters) - The United States has temporarily eased trade restrictions on China's Huawei to minimize disruption for its customers, a move the founder of the world's largest telecoms equipment maker said meant little because it was already prepared for U.S. action. The U.S. Commerce Department blocked Huawei Technologies Co Ltd from buying U.S. goods last week, a major escalation in the trade war between the world's two top economies, saying the firm was involved in activities contrary to national security. The two countries increased import tariffs on each other's goods over the past two weeks after U.S. President Donald Trump said China had reneged on earlier commitments made during months of negotiations.

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  Chinese Indexes Advance on Easing Restrictions on Huawei

  Market Realist
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  Dollar hovers near three-and-a-half-week high, supported by higher U.S. yields

  Reuters

Wow Air Collapse Decimates Iceland's Economy

The announcement makes clear how badly Wow Air's failure has hurt Iceland, which has also suffered from a disastrous fishing season. The airline had helped turn tourism into Iceland's biggest cash cow, fueling a boom that dragged the nation out of its financial collapse more than a decade ago.