Ex-Illinois Rep. John Anderson, who ran for president, dies
Former longtime Illinois Rep. John Anderson, who ran for president as an independent in 1980, has died at age 95.
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- WorldTime
Turkish Official Says Jamal Khashoggi's Remains May Have Been Taken Outside Istanbul
The official told The Associated Press that police have established that two vehicles belonging to the consulate, left the building on Oct. 2 — the day Khashoggi had walked into the consulate and vanished. One of the vehicles traveled to the nearby Belgrade Forest while the other traveled to the city of Yalova, across the Sea of Marmara from Istanbul, the official said, speaking on condition of anonymity due to the secrecy of the ongoing investigation. Turkish reports say Khashoggi was brutally murdered and dismembered inside the consulate by members of an assassination squad with ties to Saudi Crown Prince Mohammed bin Salman.
- BusinessMarketWatch
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
- NewsMarketWatch
Marijuana investors may lose 90% of their money in Canada, so consider the really big prize elsewhere
Marijuana presents a tremendous opportunity for investors over the next few years. Naïve investors are excited. The reality is that professionals will pick their pockets, and many naïve investors who are excited now will end up losing 90% of their investment.
- BusinessBenzinga
Morgan Stanley's Recipe For Strong Q4 Guidance From Tesla
Tesla Inc. (NASDAQ: TSLA) is set to report third-quarter earnings data in early November after a whirlwind of a quarter that included a chain of events that began Aug. 7 with CEO Elon Musk’s “funding secured” tweet and ended with a Securities and Exchange
- BusinessMotley Fool
Why Advanced Micro Devices, Inc. Stock Closed 11% Lower on Friday
Analyst Pierre Ferragu from financial firm New Street Research set his price target for AMD at $18 per share, arguing that the stock has been priced for a level of success that simply isn't realistic. "AMD's stock price reflects a scenario we don't believe possible," Ferragu wrote. In particular, Ferragu sees larger rival Intel (NASDAQ: INTC) getting its manufacturing act together as we speak.
- AXPCNBC Videos
Looks like when millennials have some money, they get an ...
CNBC's 'Squawk on the Street' team discusses markets ahead of the market open.
- BusinessInvestopedia
Market Sell-Off 80% Over, Will Be Reversed by Stock Repurchases: JPMorgan
Last week, global markets were hit with a widespread shock that weighed on nearly all asset classes, encompassing even the cryptocurrency space, once viewed as a type of "safe haven" bet unrelated to the broader market. In a note to clients on Thursday, JPMorgan equity strategist Dubravko Lakos-Bujas and team forecasted for U.S. equities to make a comeback as fundamentals come back into play, highlighting stock buybacks as a key driver of the nine-year-bull market, as reported by CNBC.
- BusinessMotley Fool
Hate Taxes? 37 States Make Social Security Tax Free
Over the course of your career, you'll probably have tens of thousands of dollars in Social Security payroll taxes withheld from your paychecks. Workers are confident that by paying those taxes up front, they'll be able to collect Social Security benefits
- FinanceMotley Fool
Tech Stocks This Week: Volatility Strikes Again
In another volatile week, many tech stocks made some big moves over the past five trading days. Notably, streaming-TV giant Netflix (NASDAQ: NFLX) and financial-technology company PayPal Holdings (NASDAQ: PYPL) both saw their shares jump sharply after their earnings releases. Netflix stood out with its surging subscriber growth, while PayPal made headlines with its strong momentum in its peer-to-peer payment app, Venmo.
- BusinessMotley Fool
1 Top Stock to Buy Amid October’s Turbulent Market
In the past three weeks alone, stocks have tumbled about 5%, which has many investors unnerved. One top option to consider amid the current turbulence is Magellan Midstream Partners (NYSE: MMP), which has lost more than 5% of its value in the past few weeks. Because of that, investors can get an even better starting price on one of the top master limited partnerships (MLPs), potentially setting themselves up to earn market-beating returns in the coming years.
- BusinessMotley Fool
3 Energy Stocks You Can Buy and Hold for the Next Decade
North America needs to build $23 billion of new natural gas-related infrastructure annually through 2035, according to a recent report. Three of the best positioned to capture this growth are Kinder Morgan (NYSE: KMI), Williams Companies (NYSE: WMB), and TransCanada (NYSE: TRP), making them great stocks to buy and hold in the coming decade. Kinder Morgan is already the largest natural gas pipeline company in North America, operating roughly 70,000 miles of pipeline.
BusinessBloombergChina’s Problems Keep Piling Up With Trump, Economy, and Markets
A day after the Shanghai Composite Index plunged to a four-year low and Trump took new steps to escalate his trade war with Beijing, third-quarter growth figures showed China’s economy expanding at the weakest pace since the depths of the global financial crisis in 2009. Economic policy makers including Vice Premier Liu He, who also weighed in on Friday, are now left walking a tightrope.
- BusinessMotley Fool
3 Great Stocks Under $10
Among the stocks you can currently purchase for less than $10 per share are Sirius XM Holdings (NASDAQ: SIRI), Annaly Capital Management (NYSE: NLY), and Infosys (NYSE: INFY), and below, we'll take a look at how long they're likely to remain this cheap for would-be investors. Sirius XM was a pioneer in the satellite radio industry, and it's been an investor favorite for years.
BusinessMotley FoolWill Cloud and Improving Margins Dominate Amazon's Earning Report?
Part of what drove the company to those dizzying heights was the impressive results Amazon has produced so far this year. The company grew revenue an impressive 41% year over year in the first half of 2018, but Amazon Web Services (AWS) is doing even better, up 48% compared to the first six months of last year. All signs point to another strong performance when Amazon reports the financial results of its third quarter after the market close on Thursday, Oct. 25, but let's look at Amazon's most recent results and see what the company will need to do to continue its upward momentum.
- NewsMarketWatch
Marijuana stocks to watch: Aurora Cannabis investments may be more valuable than its pot
Aurora Cannabis Inc. is a major pot producer, but if its bets on other cannabis companies continue to pay off, it may be able to stop actually growing weed on its own. Aurora (ACBFF)(CA:ACB) said recently its investments were worth more than C$700 million ($540 million) as of Sept. 21, bolstered in part by demand for pot stocks ahead of full legalization of marijuana in Canada on Wednesday. As the entire sector has benefited, so has Aurora’s portfolio, boosting the company’s fiscal fourth-quarter profit to C$79.9 million, after a loss of $20.8 million the year earlier.
- BusinessMarketWatch
Don’t cheat yourself with the 4% rule
If you’re planning for retirement, you’re probably thinking about how much you’ll need, how long the money will last, and how much you can safely take out each year. You recognize that in retirement there will be a balancing act between spending on current needs while also preserving enough for your later years. Instead, all-too-often, retirees use simplified rules of thumb to determine how much to take out each year.
- PoliticsFox Business Videos
Should Congress cut entitlement programs to combat rising deficit?
Maya MacGuineas, Committee for a Responsible Federal Budget, and Wall Street Journal editorial page deputy editor James Freeman discuss America’s deficit problem and how President Trump asked members of his Cabinet to cut their departments’ budgets by 5 percent.
- BusinessMotley Fool
This Refining Giant Is the Latest Energy Company to Give Up on Its MLP
The energy sector continues to experience a gigantic consolidation wave, which is causing master limited partnerships (MLPs) to drop like flies. Valero Energy (NYSE: VLO) is behind the latest disappearing act in the space after it agreed to buy out its MLP Valero Energy Partners (NYSE: VLP). Valero Energy launched Valero Energy Partners in late 2013, joining its refining rivals in creating an income-producing vehicle that would steadily buy its parent's midstream assets.
- BusinessMotley Fool
Colorado’s Marijuana Market Just Hit This Huge Milestone
Marijuana has been legally available in Colorado for recreational use since 2014, and consumers' appetite for marijuana products continues to grow due to the launch of new products, including concentrates and edibles. As a result, Colorado's annual marijuana sales surpassed $1 billion in August -- the earliest it has ever achieved that milestone. There's been some debate over how much money would move from the black market to regulated markets following legalization, but Colorado's experience suggests it's substantial.
- WorldBloomberg
Suddenly Toxic, Saudi Prince Is Shunned by Investors He Courted
Now Crown Prince Mohammed bin Salman could become the biggest risk to his own project. Everything changed when Jamal Khashoggi walked into the Saudi consulate in Istanbul on Oct. 2 and didn’t come out. Prince Mohammed, who’s denied any knowledge of Khashoggi’s fate, still has his defenders -– notably Donald Trump.
- BusinessMotley Fool
This Marijuana Investment Firm's 11 Top Cannabis Picks for Explosive Growth
The marijuana industry has become a hotbed of investment activity, and players of all sizes are looking to get into the action. On top of all the interest from ordinary investors, cannabis companies have seen demand rise from sophisticated institutional investors that have experience with deploying larger amounts of investment capital in search of high-growth opportunities. One of the most interesting marijuana investment specialists that investors can follow is Canopy Rivers (NASDAQOTH: CNPOF).
- BusinessMotley Fool
Why Valero Energy, eBay, and New Age Beverages Slumped Today
Some major market benchmarks managed to hang onto their gains, but the Nasdaq Composite, and Russell 2000 indexes posted losses of 0.5% to 1.25%, and the S&P 500 was virtually flat. Valero Energy (NYSE: VLO), eBay (NASDAQ: EBAY), and New Age Beverages (NASDAQ: NBEV) were among the worst performers on the day. Valero Energy dropped 10% after the refinery company announced that it would buy back all outstanding units of its related MLP, Valero Energy Partners (NYSE: VLP).
- NewsMarketWatch
Marijuana stocks to watch: Canopy Growth is the cannabis business’s $4 billion gorilla
The following article is part of a package of stories that MarketWatch is publishing to mark the start of full legalization of cannabis for adult use in Canada on Wednesday. Smith Falls, Ontario–based Canopy Growth Corp. made headlines and drove cannabis stocks to new heights over the summer when it announced that Corona brewer Constellation Brands Inc. was going to invest an additional $4 billion in the company. Billed by both companies as a strategic partnership, the additional $4 billion investment adds to the 9.9% stake that Constellation bought in October of last year and sets the company up to either be bought outright by Constellation — via warrants that could increase its stake to more than 50% — or continue to work with the beverage company to create a range of consumer-focused cannabis products that may one day appear in markets in dozens of countries.
- FinanceYahoo Finance
Now is a ‘once-in-a-lifetime’ chance to invest in US pot companies, investor says
With some Canadian pot stocks posting triple-digit return rates this year, many retail investors have looked north to pour cash into cannabis. U.S. cannabis companies are worth a lot more than their current valuations suggest since federal illegality has put undue pressure on the industry, said David Wenger, a New York attorney and senior editor of the Cannabis Law Digest.
BusinessBusiness InsiderTesla slides after Elon Musk announced lower-cost Model 3 (TSLA)
Tesla CEO Elon Musk announced on Twitter on Thursday that a lower-cost Model 3 was immediately available for order on the company's website. The electric car will have a base price of $45,000 and is eligible for federal and state tax rebates. Tesla shares were down more than 3% Friday after — they gained as much as 2.2% earlier in the session.
