Chinese President Xi Jinping and U.S. President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on November 9, 2017. Fred Dufour | AFP | Getty Images On Friday, we had positive news on trade related to delaying tariffs on European auto imports and eliminating steel and aluminum tariffs
Month: May 2019
Signage is displayed inside the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., on Monday, March 4, 2019. Andrew Harrer | Bloomberg | Getty Images The nation’s consumer watchdog agency on Friday filed suit against a debt-collection law firm, accusing it of using deceptive practices to get consumers to pay money that they
Beverly Hills City Hall in Beverly Hills, California on January 13, 2018. Raymond Boyd | Michael Ochs Archives | Getty Images LOS ANGELES — The Beverly Hills City Council will consider a first-in-the-nation ban on all tobacco sales next Tuesday. The ordinance would apply to cigarettes, cigars, pipe tobacco, chewing tobacco and electronic cigarettes sold
The Caveman is evolving. You wouldn’t know it to look at him out of makeup, but this comedic performer, writer and producer got his first break playing the ever-famous, metrosexual cavemen that somehow eluded extinction while developing a taste for racquet ball and “duck with mango salsa,” and was insulted by GEICO’s ad tagline, “So easy,
The daily jousting between UK Prime Minister Theresa May, members of her Parliament, and EU leaders has captivated the news media, with its endless play-by-play action. As growing pressure has mounted on May to resign following her third failed proposal, she is desperately trying to hold a fourth and likely final vote for the first
This estate in Bridgehampton is listed for $49.995 million. Courtesy of Out East via Bespoke Real Estate The Hamptons housing market is gearing up for a new summer season and included in it are several homes that aim to surpass last year’s most expensive sale. Closing at $40 million, 290 Further Lane in East Hampton
Tradeweb Markets Inc.: “That’s a very smart company … I’ve gotta tell you it’s got these big bank stakes. They’re all behind it. It’s gonna work.” Amgen Inc.: “I don’t know. It’s got a yield. You probably want more than that.” Palo Alto Networks Inc.: “Charitable trust owns it. We’re staying in it. Buy it.”
A John Deere excavator on display at the CONEXPO show in Las Vegas. Michael Newberg | CNBC Deere on Friday reported a lower-than-expected quarterly profit and cut its full-year outlook, as an escalating trade war between the United States and China threatens to hit U.S. exports of key commodities, hurting farm incomes and demand for
A deliveryman carrying bags of coffee walks out a Luckin Coffee in Beijing on August 2, 2018. Wang Zhao | AFP | Getty Images Chinese start-ups are growing faster than their American peers. A prime example is Luckin Coffee, the self-declared Starbucks rival in China that is set to go public in New York on
Apple CEO Tim Cook attends the annual session of China Development Forum (CDF) 2018 at the Diaoyutai State Guesthouse in Beijing, China March 26, 2018. Jason Lee | Reuters Nomura Instinet lowered its price target on Apple shares to $175 from $180 on Friday, citing a coming “trade strain” on the company’s earnings. “The renewal
If you regularly contribute to a health savings account and plan to claim Social Security past your full retirement age, watch out. That’s because you can no longer contribute to an HSA once you’re on Medicare, no matter whether you sign up just for Part A hospital coverage (which is free) or additional parts of
United states of America flag and flag on white background. USA and China trade tariff war concept. Getty China is threatening to take the trade war to the next stage: cut off rare earth metal supplies to US technology and defense industries. That’s according to a couple of Globaltimes editorials.” US faces squeeze on rare
UNITED STATES – MARCH 14: Alice Rivlin, former director of the Congressional Budget Office, testifies during a Joint Economic Committee hearing in Dirksen on “solving the federal debt crisis.” (Photo By Tom Williams/CQ Roll Call) CQ-Roll Call,Inc. Alice Rivlin, who died yesterday at age 88, was a policy legend. She also was a kind, generous,
77 Greenwich has a pleated, reflective glass wall façade design. Binyan Studios The next mixed-use luxury condominium to peek through the New York’s soaring skyline will be 77 Greenwich, a sculptural, 42-story glass tower with sweeping water views in the heart of lower Manhattan. Designed by firm FXCollaborative (architectural firm behind the recently opened Statue
Wall Street has seen what happens when “irrational exuberance” comes back down to reality in the long-awaited Uber and other companies that have come public this year, CNBC’s Jim Cramer said. The cannabis cohort is another group that has had a similar result as American states gradually legalize the drug and taboo dies down. “Whenever
Cisco’s Chairman and CEO Chuck Robbins speaks to participants during the Viva Technologie show at Parc des Expositions Porte de Versailles in Paris on May 24, 2018. Chesnot | Getty Images Cisco shares rose 3% after hours on Wednesday after the company reported better-than-expected earnings for the third quarter of its 2019 fiscal year, which
The stock market had a number of winners Thursday and many of them are names that have made slower gains than the rest of the market, CNBC’s Jim Cramer said. “In this newly rejuvenated market, it’s time to reach for the laggards and play catch-up,” the “Mad Money” host said. “The names on this list
A man sits outside the Metropolitan Museum of Art in New York. Michelle Bennett| Getty Images New York’s Metropolitan Museum of Art announced Wednesday that it would no longer accept gifts from members of the Sackler family, the principal owners of a pharmaceutical company behind the painkiller blamed for fueling the deadly opioid epidemic. The
A man walking past a Huawei P20 smartphone advertisement is reflected in a glass door in front of a Huawei logo, at a shopping mall in Shanghai, China December 6, 2018. Aly Song | Reuters Chip stocks have been struggling of late as trade tensions between China and the U.S. increase. The Trump administration’s latest
Your journey on the road to building wealth begins with one question: Have you earned the right to invest? Even the most ambitious savers need to go through a little bit of prep work before they start socking away cash into a brokerage account, an individual retirement account or any other long-term investment. “Before you
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