Boeing 737 Next Generation Source: Boeing The Federal Aviation Administration is ordering airlines that fly some older Boeing 737 jets to inspect them for “structural cracks,” the agency said Wednesday. The order comes after cracks were discovered on some aircraft in China and further inspections found other cracks, the FAA said. The order does not affect
Month: October 2019
New homes for sale by Lennar home builders. Getty Images Lennar reported a better-than-expected profit on Wednesday, as cheaper mortgage rates led to higher demand for its homes. The No. 2 U.S. homebuilder’s shares rose more than 2% before the opening bell. The company said its orders, a key indicator of future revenue, rose 8.5%
The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of Qudian. Tim Seymour was a buyer of Disney. Karen Finerman was a seller of iShares iBoxx $ High Yield Corporate Bond ETF. Dan Nathan was a seller of VanEck Vectors Semiconductor ETF. Disclosure Trader disclosure: Pete is long calls
CNBC’s Jim Cramer believes Wall Street should be much more afraid of Bernie Sanders in the White House of than of Elizabeth Warren. Vermont Sen. Sanders, who describes himself as a Democratic socialist, wants to “make people who are billionaires lower than billionaires,” Cramer said on “Squawk on the Street” on Wednesday. Sanders is “basically
Laura Oldanie, 49, would like to see more investing strategies in companies that look to regenerate the planet. Source: Laura Oldanie Investing in equities is investing in ownership. Whether it’s individual stocks or a group of companies within a fund, you are putting your money into actual businesses. However, you may not believe in the
Carmen Perez, 32, paid off $57,000 of debt and quit her job to become a computer programmer. Winifred Lao Carmen Perez, recently quit her six-figure job in the financial services industry in order to pursue her dream of becoming a computer programmer. As recently as two years ago, the thought of leaving a high-paying job
I work with many types of real estate investors — people who want to buy their first investment properties, investors who want to grow their property portfolios and first-time homebuyers who realize that even their homes are investments in their financial futures. My conversations with these investors have revealed the following as eight of the
Traders eligible for “trader tax status” (TTS) deduct business expenses, startup costs, and home office deductions. A TTS trader may elect Section 475 for exemption from wash sale loss adjustments (deferrals), the $3,000 capital loss limitation, and to be eligible for a 20% qualified business income (QBI) deduction. Trading income is not self-employment income, so TTS
European stocks are set to open slightly lower Wednesday morning, after unexpectedly weak U.S. manufacturing activity stoked worries over the world’s largest economy. The FTSE 100 is seen 30 points lower at 7,330, the CAC is expected to open little changed from the previous session at 5,598, while the DAX is poised to start 7
Dow Jones Industrial Average drops 343 points The Dow dropped 343.79 points, or 1.27% to 26,573.04. The S&P 500 slid 1.23% to close at 2.940.25. The Nasdaq Composite fell 1.13% to 7,908.68 The sharp decline came after disappointing manufacturing data spooked investors. ISM manufacturing dents stocks to start off first quarter Stocks fell after the
Trump International Hotel & Tower New York building is seen from the balcony of an apartment unit in the AvalonBay Communities Inc. Park Loggia condominium at 15 West 61 Street in New York, May 15, 2019. Mark Abramson | Bloomberg | Getty Images Prices for Manhattan real estate took their biggest plunge since the 2008
Technology companies, which face some of the biggest tariff impacts, have been slashing expectations for third-quarter earnings at a record pace. With the kickoff to the heart of earnings season still about two weeks away, some 29 information technology sector companies have lowered their guidance, which is the biggest number since FactSet starting tracking the
When it comes to love, debt can be a dealbreaker. These days, one-third of millennials would consider breaking up with their significant other because of a financial secret, such as hidden debt or a bad credit score, according to TD Bank’s fifth annual Love and Money Survey released Tuesday. Still, more than 1 in 4
Only about 35% of families remain “traditional.” Modern families need modern planning! Girls sitting together and holding hands Getty The 45th Annual Notre Dame Tax & Estate Planning Institute in South Bend, IN brings together some of the top estate planners from around the country to lecture at a two day conference. This is the
Share to facebook Share to twitter Share to linkedin SoftBank Group founder, Chairman and CEO Masayoshi Son. NurPhoto via Getty Images Topline: As WeWork’s biggest shareholder, SoftBank has been under scrutiny for its backing of the troubled office-sharing startup, but a recent report suggests that for it profit off its investment, WeWork would need a
Getty It turns out that there is such a thing as too much SALT. U.S. District Judge J. Paul Oetken has dismissed a lawsuit filed by four states to strike down the cap on state and local tax (SALT) deductions under the Tax Cuts and Jobs Act (TCJA). The lawsuit was filed in July of
CNBC’s Jim Cramer on Tuesday said the stock market got hit because “we were due for a pullback.” The Dow Jones Industrial Average dropped more than 343 points, or 1.28%, the S&P 500 fell 1.23%, and the Nasdaq Composite decreased 1.13% during the session. The major indexes are up about 14%, 17% and 19%, respectively,
Engines assembled as they make their way through the assembly line at the General Motors (GM) manufacturing plant in Spring Hill, Tennessee, August 22, 2019. Harrison McClary | Reuters Wednesday’s report of ADP private payrolls could give clues on the labor market, the next part of the economy to be scrutinized after an important manufacturing
Wall Street’s abject fear of Democratic Sen. Elizabeth Warren getting into the White House is a mistake, CNBC’s Jim Cramer said Tuesday. “The fear of Sen. Warren is getting overblown,” Cramer said on “Squawk on the Street,” three weeks after he said that financial industry CEOs were telling him that “she’s got to be stopped.”
Kathy Huff installs a headlight assembly at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018. John Gress | Reuters U.S. economic growth is expected to have slowed in the third quarter of 2019, according to the Atlanta Federal Reserve’s GDP tracking gauge. The GDPNow model estimates the