Marc Faber is concerned about how the global economy (ACWI) (VTI) will perform in the next five years.
The average American is holding too much cash in savings, and it's keeping them from building wealth. You should instead invest your excess savings in the stock market for the best returns, NerdWallet's retirement and investing specialist Arielle O'Shea recommends. The easiest way to put your savings to work is through a 401(k), which invests your money in stocks through low-cost index funds or exchange-traded funds.
A woman charged with carrying out a years-long conspiracy to work covertly in the United Stated as a Russian agent was ordered to remain jailed by a federal magistrate judge ahead of her trial after prosecutors insisted she was a flight risk in a salacious 29-page court filing. It was the latest twist in the case of Mariia Buttina, a 29-year-old recent graduate of American University, who prosecutors say lived a double life by using sex and a love of guns to infiltrate American political organizations, like the National Rifle Association, in order to advance Moscow’s agenda. The court filing, which presented new details on the case that was first made public on Monday, alleged Butina secretly communicated with Russian intelligence operatives and Kremlin-linked billionaires while simultaneously cultivating links with right-wing activists and Republican Party members.
Over the past few years, Boeing (NYSE: BA) and Airbus have experienced a slump in wide-body orders, even as airlines have continued to buy narrow-bodies like the 737 and A320 at a frenetic pace. This downshift in order activity caused Boeing's backlog for models like the 747 and 777 to erode, forcing the aerospace giant to slash production of those models. Demand for passenger variants of the 747 and the current-generation 777 has slowed to a crawl.
Bring on healthcare earnings season. Ahead of earnings season for the group, we have selected three healthcare stocks beating the market in 2018. Using TipRanks' Stock Screener tool, we quickly discovered the best-rated stocks, filtering by "best analyst consensus" stocks in the healthcare sector.
A sunken Russian warship estimated to contain 200 tons of gold bullion and coins was discovered about one mile off the coast of the South Korean island of Ulleungdo. Shinil Group, the South Korean treasure-hunting company that led the search, announced their discovery on Sunday. According to The Telegraph, a joint team with experts from South Korea, Britain, and Canada used two manned submersibles to film the wreck at a depth of more than 1,400 feet.
Some drugs used to control high blood pressure and prevent heart failure were voluntarily recalled this past week due to an impurity that could possibly lead to cancer
Much-maligned General Electric (NYSE:GE) stock is the most heavily traded stock in the market. According to Bloomberg, the average trading volume on GE stock in 2018 is a whopping 80 million shares a day. The spike in trading volume is mostly due to the fact that GE stock is a near-$10 stock (low price) that is widely covered and followed by the media, analysts and investors (lots of catalysts).
On Wednesday, United Rentals (NYSE: URI) will release its latest earnings report. Decipher the announcement with Benzinga's help. Earnings and Revenue United Rentals earnings will be near $3.44 per share on sales of $1.85 billion, according to analysts
Nearly a week after Broadcom Inc (NASDAQ: AVGO) stock crashed following the announcement of a puzzling .9 billion buyout of CA, Inc. (NASDAQ: CA), Broadcom is still getting hate from Wall Street. The Analyst Goldman Sachs analyst Toshiya Hari downgraded
If one local politician gets his way, Chicago could become the largest city in the U.S. to trial a universal basic income program. Chicago lawmaker Ameya Pawar has thus far received support from 36 co-sponsors on a bill to introduce the pilot program. If the bill receives adequate support, it will be voted on by City Council.
Former Microsoft CEO Steve Ballmer, the company's largest shareholder, says he has held his stock because "I'm a loyal dude." He spoke in the new episode of "The David Rubenstein Show: Peer-to-Peer Conversations," taped
Millennials may have only a little saved for retirement, but they still want to retire early. A recent Bankrate.com survey asked millennials, classified as Americans ages 18 to 37, what the perfect time to retire would be. Of those millennials already saving, the median retirement account balance is about $19,100.
New York City socialite Jocelyn Wildenstein was once worth billions — but now her fortune has vanished.
Texas Instruments has dumped CEO Brian Crutcher for personal misconduct less than two months after he took over the job, ruining the chip maker's hopes for a smooth transition to new leadership. Crutcher resigned Tuesday after TI's board determined he violated the company's code of conduct with behavior the company said was not consistent with its ethics and core values. TI emphasized Crutcher's transgression wasn't related to its operations or finances.
Berkshire Hathaway Inc shares rallied on Wednesday after the conglomerate's board gave its billionaire chairman, Warren Buffett, more freedom to conduct stock buybacks and whittle down a $108.6 billion stockpile of cash. Berkshire announced late Tuesday that Buffett and Vice Chairman Charlie Munger, who make major decisions on allocating capital, may now repurchase stock when both believe the price is below Berkshire's "intrinsic value," a determination that would be made "conservatively." The old policy prohibited buybacks when the stock price exceeded 1.2 times book value per share, or assets minus liabilities.
Shares of Apple AAPL are up roughly 10% over the last three months as investors show their confidence in the world’s most valuable company. Now let’s check out why the iPhone giant looks like a strong buy stock at the moment. Apple had been criticized for years about its overreliance on the iPhone.
In response to a research report from Citigroup that covered both tickers, shares of Windstream Holdings (NASDAQ: WIN) and Uniti Group (NASDAQ: UNIT) plunged on Wednesday morning. Windstream shares fell as much as 14.7%, while the stock of the regional telecom's former infrastructure management division took a 12.8% haircut at worst. Citi analyst Michael Rollins cut his ratings on both Uniti and Windstream from hold to sell.
Williams-Sonoma is in a sweet spot in the home goods space, CNBC's Jim Cramer says. In the lightning round, Cramer warns about investing in master limited partnerships. In a market plagued by worries about more tariff exchanges between the United States and China, CNBC's Jim Cramer knows what investors are looking for: the stocks of safe, domestic, consumer-facing companies.
It was a calculated attempt to pull the Mueller investigation onto a playing field that Putin can control. Here’s roughly how the Russian leader would like things to unfold: Now that the Special Counsel has indicted a group of 12 Russian intelligence officers for interfering in the U.S. elections, Putin wants to see the evidence, ideally translated into Russian and sent to the authorities in Moscow, all in accordance with an obscure law-enforcement treaty that the U.S. and Russia signed nearly two decades ago.
Wednesday was a relatively mellow day for U.S. stocks, as many equities consolidated their gains from the prior session. That allowed some high-quality setups to emerge, helping us pluck out a few top stock trades. Top Stock Trades for Tomorrow #1: JPMorgan
eBay Inc. (NASDAQ: EBAY) announced mixed second-quarter 2018 results on Wednesday after the market closed, detailing lighter-than-expected revenue growth and solid profitability as the online marketplace works to expand its reach. But eBay also offered
Kinder Morgan (NYSE:KMI) reported its latest quarterly earnings results after the bell on Wednesday, which included an earnings beat despite the company posting a loss. For its second quarter of fiscal 2018, the oil and natural gas pipeline managing company brought in a loss of roughly $141 million, which amounted to about 8 cents per share after reporting a profit in its second quarter of fiscal 2017. On an adjusted basis, the company’s earnings were a profit of 21 cents per share.
Analyzing General Electric before Its Second-Quarter Earnings (Continued from Prior Part) Analysts’ recommendations In this part, we’ll discuss analysts’ recommendations for General Electric (GE) and its peers. After the company update on June 26, analysts
Analyzing General Electric before Its Second-Quarter Earnings (Continued from Prior Part) Analysts’ second-quarter revenue estimate For the second quarter, analysts surveyed by Thomas Reuters estimate that General Electric (GE) will report revenues of
The world was in shock on Monday after President Donald Trump showed reverence to Russian President Vladimir Putin in Helsinki over Russia’s involvement in U.S. elections. At a press conference following a one-on-one meeting, Trump appeared to trust Putin