Monday, September 30, 2024
State judge strikes down Georgia abortion ban
The law, which took effect in 2022 after the Supreme Court's reversal of Roe v. Wade, banned abortion around six weeks of pregnancy in the battleground state.
These U.S. stocks do the best during periods when China stimulates its economy, according to Trivariate Research
Trivariate Research is laying out some U.S. companies that could win big in China's latest stimulus deal.
Sunday, September 29, 2024
Stocks to play the China trade until the latest stimulus package kicks in
Beijing surprised markets last week with a variety of steps designed to boost the economy.
Stocks to play the China trade until the latest stimulus package kicks in
Beijing surprised markets last week with a variety of steps designed to boost the economy.
Mark Cuban warns Elon Musk: Trump’s ‘loyalty is only to himself'
Mark Cuban is supporting Vice President Kamala Harris, while Elon Musk has endorsed ex-President Donald Trump in the 2024 election.
How Warren Buffett decides when to sell a stock, and why he might be dumping Bank of America
The Sage of Omaha is usually only motivated to exit a big position when he judges that the competitive edge of a business has eroded.
Israel pounds Lebanon, pressuring Hezbollah after killing its leader
Israel struck multiple targets in Lebanon on Sunday, pressing Iran-backed Hezbollah with more attacks.
Saturday, September 28, 2024
Photos: Hurricane Helene leaves flooding and destruction across the southeastern U.S.
President Joe Biden and Vice President Kamala Harris expressed their sympathies for communities ravaged by Hurricane Helene.
Friday, September 27, 2024
Here are our trades of the week and what's ahead for this overbought market
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Thursday, September 26, 2024
How we're thinking about 7 portfolio stocks with ties to OpenAI after its latest shakeup
Less than a year after CEO Sam Altman's brief ouster rattled OpenAI, the board is mulling a for-profit structure, and three high-profile employees are leaving.
Wednesday, September 25, 2024
A 'gender promotion gap' fuels wealth inequality between men and women, Yale professor says
The gender promotion gap is a major contributor to the persistent income inequality between men and women, according to Professor Kelly Shue.
Tuesday, September 24, 2024
These funds aim to multiply the market's dividend yield. How they stack up to competitors
Pacer launched a new exchange traded fund on Tuesday designed to deliver distributions six times greater than the dividend yield on the Nasdaq-100 Index.
Why Nvidia stock is surging, and the lesson to be learned from Home Depot's rally
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Nvidia shares pop as CEO may be done selling shares after hitting preset plan limit
The 61-year-old executive adopted a trading plan for the sale of up to 6 million Nvidia shares, and he has hit that threshold months ahead of schedule.
Monday, September 23, 2024
Best checking account bonuses of September 2024
New account holders can earn hundreds of dollars when signing up for these checking accounts.
Sunday, September 22, 2024
6 things from my San Francisco trip reveal which stocks are AI winners
We are at a pivotal time when it comes to the revolution of artificial intelligence and accelerated computing.
More than 700 former military and national security officials endorse Harris, say Trump is 'impulsive and ill-informed'
Hundreds of bipartisan former national security officials endorsed Harris in an open letter criticizing Trump as "impulsive and ill-informed."
Trump says he won't run again in four years if he loses November election
If he is re-elected, though, he didn’t rule out the possibility of appointing former Hawaii Rep. Tulsi Gabbard, tech billionaire Elon Musk or Robert F. Kennedy Jr. to his Cabinet.
Saturday, September 21, 2024
Billionaires poured millions of dollars into presidential super PACs in August
The latest documents filed with the Federal Election Commission show that investment bankers were some of the biggest GOP donors while tech entrepreneurs donated heavily to Democrats.
Billionaires poured millions of dollars into presidential super PACs in August
The latest documents filed with the Federal Election Commission show that investment bankers were some of the biggest GOP donors while tech entrepreneurs donated heavily to Democrats.
How Sean ‘Diddy’ Combs wielded power and prestige to fuel decades of alleged abuse
Combs’ public image projected wealth and achievement, but the indictment that led to his arrest paints a more sinister picture of his private life.
Friday, September 20, 2024
What normalizing the yield curve means — and why investors should care
The shape it takes in the coming months and years is going to have massive implications for both Main Street and Wall Street.
Local Teamsters groups announce Harris endorsements after national union declines to do so
Almost two-dozen local Teamsters unions and joint councils representing approximately 1 million Teamster-affiliated workers have endorsed the vice president.
Thursday, September 19, 2024
Wall Street hits records — here are the winners and the losers after the Fed rate cut
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
High home prices aren't 'something the Fed can really fix,' says Federal Reserve chair Jerome Powell
Fed chair Jerome Powell says that high housing prices are a supply problem that the Central Bank can't fix.
Wednesday, September 18, 2024
How Fed rate cuts affect the global economy
Federal Reserve interest rate decisions can influence the trajectory of the U.S. economy and create spillover effects in parts of the global financial system.
The Fed forecasts lowering rates by another half point before the year is out
The so-called "dot plot" indicated that 19 FOMC members see the benchmark fed funds rate at 4.4% by the end of this year.
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
The Federal Reserve on Wednesday lowered the federal funds rate to a range between 4.75%-5%.
Tuesday, September 17, 2024
Our approach to the stock market heading into the Fed's big Wednesday decision
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Coca-Cola and Bacardi testing canned rum and cokes
Coca-Cola and Bacardi Limited announced Tuesday plans to release the ready-to-drink cocktail in several international markets.
Monday, September 16, 2024
This 'back of the napkin math' shows whether you could have a surprise tax bill, expert says
There is still time to take action if you have not paid enough taxes in 2024, experts say. Here is a quick calculation to know if you are on track.
This is the 'billion-dollar blind spot' of 401(k)-to-IRA rollovers, Vanguard finds
Many investors are unaware their rollover from a workplace retirement plan to an individual retirement account sits in cash as a default.
Sunday, September 15, 2024
Nvidia shares climbed nearly 16% last week — read the latest from CNBC Pro here
Nvidia stock got a boost last week after comments by CEO Jensen Huang. In case you missed it, here's a round-up of all the top analyst calls and more.
How I'm approaching the stock market after its wild reversal to start September
The S&P 500 and the Nasdaq had their best weekly gains of 2024, gains that made up for the prior week, the worst of the year.
Trump safe after possible gunshots 'in his vicinity,' campaign says
Donald Trump endured a minor ear injury after an assassination attempt against him at a Pennsylvania rally in July.
Saturday, September 14, 2024
Nearly 30% of US Gulf of Mexico oil output offline after storm
Hurricane Francine moved through the Gulf and Louisiana earlier this week.
It was ‘tough on China’ week in Congress, one of the few issues both parties agree on
Lawmakers took up more than two dozen mostly Republican-led measures aimed at countering Beijing’s technological, political and economic influence.
What credit score is needed to buy a car?
Your credit score has a big impact on the interest rate you'll get for a car loan. Here's how it works.
Friday, September 13, 2024
Tech roars back, and Eli Lilly sends a welcome signal on its growth prospects
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Stocks often drop in September — but many investors shouldn’t care
September is historically the worst month for the stocks of large U.S. companies. But that doesn't mean investors should sell out of the market.
Thursday, September 12, 2024
Why we started a position tied to housing and where we see this stock going
The stock started to work again over the past few months after bond yields plunged.
Wednesday, September 11, 2024
Tuesday, September 10, 2024
Bank stock woes hold back the overall market, but Starbucks' new CEO is full steam ahead
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Harris wants to raise the top capital gains tax rate to 28%. How that compares to recent history
Vice President Kamala Harris last week proposed a 28% tax on long-term capital gains for top earners. Here's how that compares to historic rates.
Monday, September 9, 2024
The stock market bounces back without Apple — plus, a new economic growth estimate
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Sunday, September 8, 2024
This Swiss chip stock is set ride the AI boom, analysts say — and one gives it 75% upside
Vontobel expects this stock to rise 35%, while Jefferies is even more bullish and says it's set to soar 75%.
Stock futures slip after the S&P 500 suffers its worst week since 2023: Live updates
Investors are gearing up for some fresh inflation data following a tough week for stocks.
Kendrick Lamar will headline Super Bowl LIX halftime show
The game will take place on Feb. 9. The rapper previously performed at the Super Bowl in 2022 in Los Angeles.
Norfolk Southern board probing CEO Alan Shaw over alleged inappropriate workplace relationship
Norfolk Southern's board is examining allegations that CEO Alan Shaw engaged in an inappropriate workplace relationship.
Saturday, September 7, 2024
U.S. believes Iran transferred short-range ballistic missiles to Russia
The U.S. finding comes as the Kremlin tries to repel Ukraine's surprise offensive of Russia's Kursk region.
3 ways Wall Street's largest banks are leveraging AI to increase profitability
Top finance leaders are becoming convinced that the tech will transform their businesses.
CIA director saw ‘genuine risk’ of Russia using tactical nuclear weapons early in Ukraine war
CIA Director Williams Burns said the risk of escalation should not be taken lightly, but the U.S. should also not be intimidated by Russia.
Friday, September 6, 2024
Chips get crushed, and clues in the jobs report for Modelo brewer Constellation Brands
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
U.S. job market slows, but it's not yet a 'three-alarm fire,' economist says
The labor market has shown unambiguous signs of cooling, economists said. Recession could follow if the trajectory continues.
Thursday, September 5, 2024
Wall Street is still bullish on sports betting stocks ahead of NFL season despite mixed results
The NFL season has historically been a positive time for at least one leading sportsbook stock.
Wednesday, September 4, 2024
Cramer names the No. 1 underappreciated megacap to buy in the recent tech stock sell-off
Microsoft's gen AI prospects are impressive, but the stock has more to offer investors than just the new tech.
There's an opportunity to find solid yield in asset-backed securities, even as headwinds emerge
Headwinds have been emerging in the consumer space, which may have some investors wondering about the impact on asset-backed securities.
Four killed in shooting at Georgia high school, suspect is in custody
At least nine others were injured in the violence at Apalachee High School in Barrow County, the Georgia Bureau of Investigation said.
GE Healthcare shows signs of life, but a lingering uncertainty keeps us on the sidelines
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Tuesday, September 3, 2024
Younger retirees can face a 'phantom tax' on Marketplace health insurance — here's how to avoid it
Younger retirees can face a 'phantom tax' on Marketplace health insurance. Here's how to avoid it, according to financial experts.
Monday, September 2, 2024
Citi names 2 green stocks that's unlikely to be affected by interest rates or political changes
The Wall Street bank expects one of the stocks to rise by 35% over the next 12 months.
Stock futures are little changed to kick off September trading: Live updates
The major averages are coming off a winning session, securing a gain for the month.
Netanyahu pushes back against new pressure over Gaza and hostages: ‘No one will preach to me’
Netanyahu's remarks came after Sunday's mass protests showed many Israelis' furious response to the discovery of six more dead hostages.
Sunday, September 1, 2024
Far-right state win shakes Germany's fragile coalition
German state elections and historic wins for two anti-establishment parties are likely to aggravate instability in an already fractious ruling coalition.
German far-right party could win its first state in eastern regional elections
Far-right German parties have gained ground amid deep concerns about a cost of living crisis, the Ukraine war and immigration.
PDD just gave markets the latest warning on China's consumer. Where investors are looking instead
PDD's tumble last week on disappointing earnings is a reminder that China's consumer has moved on from its years of double-digit growth.
Apple and Google wallets want to help make the hotel room key card obsolete
Through use of Apple Wallet and Google Wallet, hotel chains are racing to ditch the plastic room key card.
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