CNBC's Sue Herera reports the latest on the "active shooter" situation at Ohio State University, including the death of one suspect and an update of 10 injuries.
CM: trump...prove to americans you will make america great again. first on your list should be to cut wasteful governmental spending as you've raged about throughout your campaign. i suggest you immediately allow the secret service to utilize 2 floors of the trump tower and any associated costs (i.e utilities) for FREE! second, reimburse all expenses incurred by nyc, ny state, and feds for protection of melania and barron as they refused to move to dc. taxpayers should NOT be forced to shell out at least $365 million/yr to protect melania and barron because they want to stay in nyc while you're in dc. that $365 million could be redirected to educationm infrastructure or law enforcement
The Roth IRA offers a huge tax break to retirement savers. Even though many people prefer the tax deductions that only traditional IRAs offer, Roth IRAs have the trade-off benefit of letting you take tax-free withdrawals once you retire. However, there are some things about Roth IRAs that many retirees don't realize, which could help them plan even more effectively. Below, we'll talk about three Roth IRA facts that should be on every retiree's mind as they plan their finances. 1. You don't have to take required minimum distributions from Roth IRAs. Perhaps the biggest advantage that Roth IRAs have over traditional IRAs is that you're never required to take distributions from a Roth IRA. One of
Missed out on some of the best Black Friday deals? No worries. Cyber Monday is just around the corner. Amazon on Friday unveiled its Cyber Monday sales, with more than 75,000 deals to roll out during the week. Some of the deals are similar to the retailer's Black Friday deals, including $20 off the Kindle Paperwhite e-reader as well as discounts on its Echo line of smart speakers. Also sticking around is $50 off the Play Station Slim 4 bundle that includes Uncharted 4 and $50 off the Sonos Play:1 speaker. The online retail giant says customers will be able to find new deals as often as every 5 minutes. Last year, customers ordered more than 54 million items worldwide on Cyber Monday, and Amazon
Former secretary of state Hillary Clinton is playing with fire by allowing her unsuccessful Democratic presidential campaign organization to participate in an election recount in Wisconsin initiated by Green Party presidential candidate Jill Stein. Marc Elias, the Clinton organization’s general counsel, said over the weekend that the campaign would take part in the Wisconsin recount without financially contributing to the operation.
Space World, a Japanese theme park that froze thousands of dead fish into the ice of a skating rink, closed the attraction Monday after it received a chilly response on social media. Photo: Space World
Much has been said in recent days about the structure of the Packers organization, thanks in large part to an argument floated by an Internet hack whose crap you shouldn’t waste your time reading that the absence of a traditional owner operates as an impediment to decisive action when decision action is needed. Current CEO Mark Murphy disputed that notion (as expected) in a rare radio interview this week, arguing that teams with traditional owners often make mistakes when the traditional owners make decisions. But the fact that some traditional owners screw things up doesn’t mean that, if the Packers had one, he or she would make the current situation in Green Bay worse. A traditional owner could
Yes, it is possible to shop at Whole Foods without spending your whole paycheck – if you learn the tricks to saving money at the upscale grocer. “The company is unfairly characterized as being overpriced,” says Burt P. Flickinger III, managing director of Strategic Resource Group, a consumer industry consulting firm. “It’s becoming much more cost-competitive for consumers, particularly with [its house brand] 365 products.” A family of four would typically spend about $5,500 a year shopping at Whole Foods, estimates Flickinger. But by employing cost-cutting strategies available to any shopper, he says, that annual amount can drop by $1,000 or more. The chain, which specializes in natural and organic
NEW YORK (Reuters) - Shares of oilfield services company Baker Hughes Inc (BHI.N) could rise significantly if it completes its merger with General Electric Co's (GE.N) oil and gas division, according to a report in Barron's. The companies
The World Trade Organization (WTO) ruled on Monday a tax break from Washington state to help Boeing (BA.N) develop its new 777X jetliner was a prohibited subsidy, in a setback for the U.S. planemaker as it eyes victory in a parallel case against Airbus. The WTO said the subsidy came in the form of a renewed cut in Washington state's main business tax for aerospace agreed in 2013, when Boeing was considering where to base assembly of the latest member of its long-haul jet family.
Here’s an outlier for you. There are 124 S&P 500 stocks currently trading over $100; not one of them is Starbucks Corporation (SBUX). Starbucks stock has gained 16,376% since it went public June 26, 1992, at $17 per share. Of course, part of that is due to the company splitting its stock six times over the last 24 years, each time on a 2-for-1 basis. If you bought one of those precious $17 shares back in 1992, on a split-adjusted basis they were worth 27 measly cents. What can you buy with that at today’s prices? Not much. Clearly, it’s one of the all-time great American retail success stories and CEO Howard Schultz has a lot to do with that, but if you think Starbucks stock doesn’t have more
The biotechnology industry has been a huge growth engine for the stock market in recent years, and Celgene (NASDAQ:CELG) stands as one of the biggest players in the biotech industry. The company behind treatments such as blood-cancer drug Revlimid and psoriasis fighter Otezla has seen impressive gains in revenue and profit over the years, and Celgene also has a pipeline of promising drug candidates to drive future growth. Given how well its stock has performed, some believe that it might be ready to split its stock, even though its most recent stock split wasn't all that long ago. Let's look more closely at Celgene's stock split history to see if a future split is imminent. Celgene stock splits
It almost doesn't seem fair for me to provide an answer to this question. I'm 35 years old, decades away from even having to consider this question. But I've been researching retirement, Social Security, and contentment for a long time, and all of the research points in one key direction: Yes, you should claim Social Security -- or, essentially, retire -- as soon as you can. The devil, however, is in the details. These are the two biggest caveats to my sweeping assertions. If you want to "buy" a life insurance policy for your spouse, wait to claim Social Security benefits To explain how this works, I'll be referring to the husband as the higher earner, even though that's clearly not always the
Oil prices gained more than 2 percent on Monday in volatile trading after falling as much as 2 percent, recouping losses as the market reacted to the shaky prospect of major producers being able to agree output cuts at a meeting on Wednesday. Brent crude (LCOc1) rose 98 cents to $48.22 a barrel, a 2.1 percent gain. Market watchers expected prices to remain volatile until OPEC's Wednesday meeting offers the market a definitive answer as to whether OPEC and non-OPEC producers can agree cuts.
Mark Gurman reported for Bloomberg on Monday that Apple is ceasing development of its Airport line of wifi routers as well as its Time Machine wireless backup disks. Less officially, the sheer amount of time that has passed since the last release of a Mac Pro desktop computer has users of high-end workstations convinced that Apple has effectively exited that market as well. The state of Apple’s semi-withdrawal from the professional grade computer market even has some die-hard Mac fans daydreaming about the idea of bringing back operating system licensing so that some other company can put in the time and effort needed to build Mac compatible workstations without Cupertino needing to worry about it.
A trader works the floor of the New York Stock Exchange. What does 2017 look like for the stock market? Against the backdrop of elevated valuations, slow growth and limited scope for credit expansion, our target and the recent rally are reliant on policymakers’ ability to deliver growth next year.
When an attorney for Hillary Clinton announced Saturday that the Democratic nominee’s campaign would participate in a recount of the presidential votes in the state of Wisconsin being called by Green Party candidate Jill Stein, supporters of president-elect Donald Trump were variously furious, sarcastic or just dismissive. Clinton lost them by a combined 107,000 ballots, as attorney Marc Erik Elias noted on Saturday. In theory, if the recounts in all three states throw their Electoral College votes to Clinton, she — not Trump — would be the president-elect.
Looking for high-potential stocks? Just follow the big players within the hedge fund industry. Why should you do so? Let’s take a brief look at what statistics have to say about hedge funds’ stock picking abilities to illustrate. The Standard and Poor’s 500 Index returned approximately 7.6% in the 12 months ending November 21, with more than 51% of the stocks in the index failing to beat the benchmark. Therefore, the odds that one will pin down a winner by randomly picking a stock are less than the odds in a fair coin-tossing game. Conversely, best performing hedge funds’ 30 preferred mid-cap stocks generated a return of 18% during the same 12-month period. Coincidence? It might happen to be
An international economic agency said Monday that the kind of infrastructure spending promised by U.S. President-elect Donald Trump could boost global growth, but warned that protectionist tendencies hurt prosperity. The OECD raised its forecasts for global growth to 3.3 percent for next year, up from 3.2 percent in its last outlook. After years of low growth, "there is reason to hope that the global economy may be at a point of inflection," as low interest rates give governments more freedom to lower taxes and spend on infrastructure and education, OECD chief Angel Gurria said.
Nov.28 -- U.S. President-elect Donald Trump claimed that millions of American's voted illegally in the U.S. presidential election, alleging "serious voter fraud" in a series of tweets over the weekend. Bloomberg's Marty Schenker and Gideon Rose, editor at Foreign Affairs magazine examine political uncertainty around Trump's policies and cabinet picks. They speak on "Bloomberg Surveillance."
By Roberta Rampton WEST PALM BEACH, Fla. (Reuters) - U.S. Senator Bernie Sanders turned up the pressure on President-elect Donald Trump on Saturday about his pledge to try to stop an Indiana air conditioner manufacturer from moving 1,400 jobs to Mexico. Both Sanders, who challenged Hillary Clinton for the Democratic nomination, and Trump seized on an announcement earlier this year by United Technologies Corp's Carrier division that it would shift production to Mexico as an example of how trade deals hurt U.S. workers. Sanders on Saturday warned "it is not good enough to save some of these jobs" and said Trump should use as leverage United Technologies' defense contracts, Export-Import Bank financing, and tax breaks.
To no one's particular surprise, neither of the initial public offerings (IPOs) scheduled for last week made it out the door. Through the week ending November 25 IPO ETF manager Renaissance Capital reported that 97 IPOs have priced in the U.S. so far this year, down about 42% from a year ago. Of the 97 IPOs that have gone off this year, 41 have come from the healthcare sector.