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Americans are cutting the cord at record pace

A new report shows cable and satellite TV providers lost around 1.1 million subscribers in the last quarter. Yahoo Finance's Dan Roberts, Adam Shapiro, Julie Hyman, and Ethan Wolf-Mann discuss.

  • Top Stocks Warren Buffett Just Sold
    Business
    Motley Fool

    Top Stocks Warren Buffett Just Sold

    Warren Buffett's Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) has been busy. In addition to swooping in and buying bundles of bank stocks, Buffett sold some of Berkshire's longtime holdings in the third quarter. Since Berkshire Hathaway manages a portfolio worth more than $200 billion, and it tends to be among the biggest owners of the stocks it purchases, knowing what stocks it's selling is important.

  • Business
    Fox Business

    Why hasn't the $1.5 billion Mega Millions winner claimed the prize?

    Three weeks after someone hit the biggest Mega Millions jackpot in history, the winner has still not stepped forward to claim their prize, according to South Carolina lottery officials – and there might be a strategy behind the move. “I’m actually not surprised at all that it’s taking them some time to claim the prize,” Michael A. Silver, a financial advisor at Morgan Stanley, said on Wednesday. The winning ticket, which was sold in a KC Mart in the South Carolina town of Simpsonville, is worth about $1.5 billion in annual installments over three decades, or an $877 million lump-sum cash package.

  • President Trump Criticizes a Retired Four-Star Navy Admiral for Not Finding Bin Laden 'Sooner' in Wide-Ranging Fox News Interview
    Politics
    Time

    President Trump Criticizes a Retired Four-Star Navy Admiral for Not Finding Bin Laden 'Sooner' in Wide-Ranging Fox News Interview

    President Trump addressed the killing of journalist Jamal Khashoggi, the recent court decision reinstating CNN White House Correspondent Jim Acosta‘s press pass, his own claims about the media and many other subjects in a wide-ranging interview with Fox News’ Chris Wallace on Sunday. Wallace pressed the President on his references to the mainstream media as the “enemy of the people,” a line he continues to use even after a pipe bomb addressed to CNN was intercepted on Oct. 29. “I’m only saying it very differently than anyone’s ever said it before,” the President told Wallace, before reiterating claims that much of the mainstream coverage of his presidency is false.

  • It’s Official: The 2019 Standard Deduction Is Getting Even Larger
    Business
    Motley Fool

    It’s Official: The 2019 Standard Deduction Is Getting Even Larger

    The standard deduction nearly doubled in 2018 as part of the Tax Cuts and Jobs Act. Although the personal exemption was eliminated, the combination of the higher standard deduction and the increased Child Tax Credit resulted in significant tax savings for many American families. Well, the IRS just announced its inflation-related adjustments for the 2019 tax year, and the standard deduction is going up a bit more.

  • Why NVIDIA Is Down 15% in 2018
    Business
    Motley Fool

    Why NVIDIA Is Down 15% in 2018

    NVIDIA's (NASDAQ: NVDA) stock was humming along nicely in 2018 and had gained about 45% as of the very beginning of October, but the company's shares took a sharp plunge the rest of the month and into November as investors fled tech stocks. The initial share price drop was then followed by lower-than-expected guidance for the graphics chipmaker's fourth quarter, which caused NVIDIA's stock to tank once again and left the company's share price down about 15% so far this year. Many tech stocks felt the brunt of this drop, and NVIDIA was no exception.

  • A Market Crash Is Inevitable -- Here's What to Do
    Finance
    Motley Fool

    A Market Crash Is Inevitable -- Here's What to Do

    If you're a stock investor, you probably think about market crashes from time to time, and there's a good chance that you dread them. The reason a stock market crash is virtually inevitable is that so far in our market's history, there have been always been crashes every now and then. You can also see that while the stock market's average annual gain over many decades has approached 10%, that's rarely near the actual return of any particular year.

  • Business
    Fox Business

    Thinking about retiring? These states don't have an income tax

    Recent studies have found that Americans are becoming increasingly concerned that they will outlive their savings, with more than 30 percent of Americans expecting that they will need more than $1 million in retirement, according to NerdWallet. For those looking to maximize their retirement income by minimizing their taxes, here are the seven states without an individual income tax. Despite its cold climate, Alaska offers some of the best benefits and services to retirees.

  • Alibaba Sold in 1 Day Just as Much as Amazon Sells in 3 Months
    Business
    Motley Fool

    Alibaba Sold in 1 Day Just as Much as Amazon Sells in 3 Months

    Chinese e-commerce leader Alibaba (NYSE: BABA) just completed its ninth annual Singles Day sales event and smashed all previous records by selling $30.8 billion worth of goods. To put that in perspective, the five-day kickoff to the Christmas shopping season that begins on Thursday, Thanksgiving Day, and runs through the following Monday, known as Cyber Monday, generated sales of $19.6 billion. Put another way, it took Amazon.com (NASDAQ: AMZN) three months to sell $33.7 billion worth of goods in the third quarter, which also included its best-ever Prime Day event that sold an estimated $3.4 billion -- and that was over 36 hours.

  • Chipotle manager fired after reportedly asking customers to pay before ordering
    Business
    WLS – Chicago

    Chipotle manager fired after reportedly asking customers to pay before ordering

    Following the incident, the popular fast-food chain said it had re-trained its staff in order to prevent an issue like this from happening again.

  • Finance
    TheStreet.com

    This Energy Stock Is a Well-Oiled Dividend Machine

    has top-tier assets, with a huge presence in the oil-rich Permian Basin. With low operating costs, the company can support its growth plans and sustain its dividend, even with these low oil prices. Occidental has a high dividend yield of around 4.4% and a long history of annual dividend increases.

  • 2 Reasons Pot Stocks Could Plunge in January
    Business
    Motley Fool

    2 Reasons Pot Stocks Could Plunge in January

    With just a little over six weeks left in 2018, investors will likely look back and proclaim this the "Year of Cannabis." So far this year we've witnessed Canada become the first industrialized country in the world to legalize recreational marijuana, and observed two additional U.S. states approve medical cannabis in midterm elections less than two weeks ago. Beyond just legalization, the U.S. Food and Drug Administration approved its very first cannabis-derived drug, and we've seen no shortage of Canadian-listed pot stocks making the move from the over-the-counter exchange to reputable U.S. exchanges (i.e., the Nasdaq and New York Stock Exchange). With so many milestones hit this year and over the past couple of years, it's not been hard for investors to get behind marijuana stocks.

  • My Top 3 Favorite Clinical-Stage Biotech Stocks to Buy
    Business
    Motley Fool

    My Top 3 Favorite Clinical-Stage Biotech Stocks to Buy

    The potential to develop blockbuster next-generation drugs that reshape patient treatment makes biotechnology stocks one of the most exciting industries for investors. While there are no guarantees for success, it can help to focus on companies with lots of financial firepower and drugs in late-stage studies or with proven mechanisms of action. It's for those reasons that Arena Pharmaceuticals (NASDAQ: ARNA), Acceleron Pharma (NASDAQ: XLRN), and bluebird bio (NASDAQ: BLUE) are my top stocks to buy in the industry right now.

  • Could Bank of America Corporation Be a Millionaire-Maker Stock?
    Business
    Motley Fool

    Could Bank of America Corporation Be a Millionaire-Maker Stock?

    In the aftermath of the global financial crisis, the banking industry was persona non grata with the public, blamed -- and not unfairly so -- for playing a role in causing what would be the worst global recession in 80 years. In the half-decade following America's slow climb out of the depths of the crisis, no other American bank would pay more in fines, lawsuit settlements, or court penalties than Bank of America, which has paid more than $90 billion in damages and fines over the past decade. How bad of a bad actor was BofA?

  • Rep. Nunes talks response to California's deadly wildfires
    U.S.
    Fox Business Videos

    Rep. Nunes talks response to California's deadly wildfires

    Republican weighs in after President Trump surveys the devastation in his state.

  • Business
    CNBC

    Survey: Wealthy investors think the bull market is coming to an end, but they don't blame politics

    Investors with at least $1 million invested in a brokerage account aren't making major changes in their portfolios after the midterm elections. Investors think the end of the record bull run is almost here — but they aren't blaming the change of power in Congress.

  • Millennials Are Disrupting Thanksgiving With Their Tiny Turkeys
    Business
    Fortune

    Millennials Are Disrupting Thanksgiving With Their Tiny Turkeys

    Tiny turkeys will increasingly grace Thanksgiving tables next week, thanks to the millennial generation’s ongoing campaign to remake American gastronomy. “People are starting to understand it’s not natural to grow turkeys up to 30 pounds,” said Ariane Daguin, co-founder and owner of D’Artagnan LLC, a wholesale and e-commerce food company in Union, New Jersey. Bell & Evans is working with a breeder to make tiny turkeys that consumers will eat all year.

  • 3 Dividend Stocks to Buy on Sale
    Business
    Motley Fool

    3 Dividend Stocks to Buy on Sale

    Three that stand out are high-yielding pipeline giants Enbridge (NYSE: ENB), Energy Transfer (NYSE: ET), and Williams Companies (NYSE: WMB). Shares of Canadian oil-pipeline giant Enbridge have tumbled about 21% from a recent high. Because of that decline, and a 10% dividend increase to start the year, shares now yield 6.3%.

  • Why Is Schlumberger (SLB) Down 17.5% Since Last Earnings Report?
    Finance
    Zacks

    Why Is Schlumberger (SLB) Down 17.5% Since Last Earnings Report?

    It has been about a month since the last earnings report for Schlumberger (SLB). Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Schlumberger’s third-quarter 2018 earnings of 46 cents per share (excluding charges and credits) trumped the Zacks Consensus Estimate of 45 cents and also improved from the year-ago quarter’s adjusted figure of 42 cents.

  • Business
    Benzinga

    Barron's Picks And Pans: Apple, Amgen, TreeHouse Foods And More

    This weekend's Barron's looks at some retailers that could be poised to thrive this holiday season. Other featured articles offer where to find bargains in energy stocks and selections from a noted stock picker.

  • Google parent Alphabet’s stock becomes 2nd FANG to produce ‘death cross’ and Netflix is next
    News
    MarketWatch

    Google parent Alphabet’s stock becomes 2nd FANG to produce ‘death cross’ and Netflix is next

    Google parent Alphabet Inc.’s stock chart has just produced a bearish “death cross” chart pattern for the first time in over two years, that may put the future of the internet giant’s 7-year old bull market in doubt. Some chart watchers believe the cross marks the spot when a shorter-term slump morphs into a longer-term downtrend. The last time Alphabet’s stock (GOOGL)produced a death cross was June 24, 2016.

  • Why Did Berkshire Hathaway Buy JPMorgan Chase Stock?
    Business
    Motley Fool

    Why Did Berkshire Hathaway Buy JPMorgan Chase Stock?

    Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) surprised investors by revealing that it had invested billions of dollars in bank stocks during the third quarter -- including a brand new $4 billion position in JPMorgan Chase (NYSE: JPM). To be perfectly clear, we don't know for sure why Buffett decided to invest in JPMorgan Chase, and it's likely that we'll never get the specifics. As I mentioned, Buffett and his team invested billions in bank stocks during the third quarter.

  • Better Buy: Celgene Corporation vs. Merck & Co.
    Business
    Motley Fool

    Better Buy: Celgene Corporation vs. Merck & Co.

    My apologies to Robert Frost for butchering his famous poem "The Road Not Taken." But Celgene Corporation (NASDAQ: CELG) and Merck & Co. (NYSE: MRK) certainly are two drug stocks headed in different directions. Celgene is down more than 30% so far in 2018, while Merck is up more than 30% year to date. If you look at Celgene's financial performance, it might make you wonder why there's been such negativity about the stock.

  • Best Big Marijuana Stock: Aurora Cannabis, Canopy Growth, or Tilray?
    Business
    Motley Fool

    Best Big Marijuana Stock: Aurora Cannabis, Canopy Growth, or Tilray?

    There are distinct categories for Canadian marijuana stocks when it comes to market cap. Most of these stocks have market caps of well under $1 billion. A few are between $1 billion and $5 billion. But only three claim market caps greater than $5 billion

  • Watch out for these 10 ‘retirement killers’
    News
    MarketWatch

    Watch out for these 10 ‘retirement killers’

    There are plenty of things that can ruin a person’s retirement plans — divorce, illness, job loss, overspending. A recent study has revealed for the first time the 10 biggest causes of financial regret among those who have retired or are near to retirement. The survey was conducted by researchers from the RAND Corporation and the Max Planck Institute in Munich, Germany.

  • 3 Top Driverless Car Stocks to Buy Right Now
    Business
    Motley Fool

    3 Top Driverless Car Stocks to Buy Right Now

    The driverless car spending wars are heating up, with both technology companies and automakers committing significant sums to this endeavor, both in internal research and development and by acquiring technology-focused start-ups. With that in mind, we asked three Motley Fool contributors what stocks are poised to truly profit from the driverless car revolution. Read on why Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), NXP Semiconductors (NASDAQ: NXPI), and NVIDIA (NASDAQ: NVDA) are in pole position.