For homeowners in Hurricane Dorian’s anticipated path, insurance claim preparation may be worth adding to your to-do list. The storm, which pummeled the Bahamas for 48 hours and left widespread devastation across the island nation, is churning northward and parallel to southeastern U.S. coastline with sustained winds of 105 mph as of Wednesday. While Dorian
Month: September 2019
Traders work under monitors displaying 3M Co. signage on the floor of the New York Stock Exchange (NYSE) in New York. Michael Nagle | Bloomberg | Getty Images In a world of falling and even negative interest rates, investors are searching high and low for yield. Companies with a high and stable dividends are a
The Slack Technologies logo is seen on a banner outside the New York Stock Exchange (NYSE) during thew company’s IPO in New York, June 20, 2019. Brendan McDermid | Reuters Check out the companies making headlines after the bell: Shares of Slack plunged 15% in extended trading after the company released its first earnings report
A JetBlue Airways Corp. Airbus A321 plane taxis outside of Terminal 5 at John F. Kennedy International Airport (JFK) in New York. Mark Kauzlarich | Bloomberg | Getty Images Shares of JetBlue were down more than 3% in premarket trading after the airline lowered its revenue forecast, citing weak demand for its flights to Puerto
A customer exits a CVS Health Corp. store in Oakland, California, U.S., on Friday, Aug. 2, 2019. Michael Short | Bloomberg | Getty Images A federal judge reviewing a Justice Department decision to allow U.S. pharmacy chain and benefits manager CVS Health to merge with health insurer Aetna said on Wednesday that the agreement was
Gentle encouragement or financial incentives could result in more people setting aside at least some of their tax refund for emergency savings, a new study suggests. The research shows that among taxpayers who used a prepaid card from H&R Block to receive their 2017 refund, those who were sent messages about saving their refund were
If President Donald Trump wants to keep his strong stock market gains, he may want to stay off Twitter. Days when Trump tweets a lot are associated with negative stock market returns, Bank of America Merrill Lynch said Tuesday in a report. The brokerage’s chief equity strategist, Savita Subramanian, wrote in a note that “since
Bugatti Chiron Source: Bugatti Bugatti became the first car maker to top 300 mph, when a modified version of its hypercar hit 304.77 mph. A Bugatti Chiron, adapted for higher speeds and driven by Andy Wallace, hit the top speed on Volkwagen‘s Ehra-Lessien test track in Germany on Aug. 2. It is the first supercar
There’s little evidence to suggest that money is being moved out of Hong Kong amid ongoing unrest in the city that has lasted for months, according to two top executives. “I can say to you that we’re seeing very little panic, that we’re seeing very little evidence of flight,” John Woods, Asia Pacific chief investment
Traders work on the floor of the New York Stock Exchange. Getty Images Leading stock forecasters differ greatly on where the S&P 500 will end up by year’s end compared to this same time last year, based on CNBC analysis. The wide range of forecasts reflects the current tumultuous stock environment due to the fragile
PeopleImages | DigitalVision | Getty Images Students and their families are grappling with the cost of higher education, but here’s one expense that might be a surprise: health care. The default option for many college students — especially if they’re under age 26 — might be to remain on Mom and Dad’s insurance, yet that
Now is the time to buy risk assets, a Bank of America Merrill Lynch strategist told CNBC on Tuesday. “When investors are this bearish, historically, it’s been a great time to buy risky assets like stocks and commodities,” BofAML global investment strategist Jared Woodard said on “Closing Bell. “ Woodard stressed he was looking at
Lamborghini Sián Source: Lamborghini Ahead of its official Frankfurt Auto show debut, Lamborghini has revealed the Sian, the Italian supercar maker’s first hybrid vehicle. Sian means flash of lightning in the Sant’Agata automaker’s Bolognese Italian dialect — an apt name for a car that’s also the company’s most powerful creation. The Sian’s heart is the
Artificial intelligence, automation and machine learning are just a few of the new technologies Japan’s top start-ups are embracing to attract employees and stay ahead of the curve. AI software business ExaWizards is leading that charge, according to a new report from LinkedIn, which names it as Japan’s top start-up to work for in 2019.
Customers pump gasoline at a Kroger gasoline station in the parking lot of one of the company’s grocery stores in Worthington, Ohio in 2006. Gary Gardiner | Getty Images Kroger on Tuesday followed Walmart in asking shoppers not to openly carry guns in any of its stores, in states where “open carry” is allowed, unless
Andrew Bret Wallis | DigitalVision | Getty Images You’ve just landed back in the U.S. after a 10-hour overseas flight. You’re jet-lagged, hungry, weighed down with overstuffed carry-on and duty-free bags, and in desperate need of a shower. How could things get any worse? Try the endless line snaking up to passport control. You can
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images Whether or not the U.S. is going into a recession is on the minds of Americans everywhere. Google searches show recession fears have spiked exponentially since the end of July, when the Federal Reserve cut interest
U.S. President Donald Trump may have the power to order American companies in China to leave the world’s second largest economy, but it would cost him politically, said a business leader on Tuesday. “The President could issue orders that would make it very difficult for American companies to continue to do business in China, but
Author and investor Danielle Town used to be afraid of the stock market. Financial statements, numbers and spreadsheets all made her eyes glaze over. “I was such a reluctant investor,” said Town, co-host of the podcast “InvestED. “ “Yet, we can find a way to make this stuff become actually a joyful part of our
Stocks are sending a sell signal. So says widely followed strategist Sven Henrich, founder and lead market strategist at NorthmanTrader, who told CNBC’s “Fast Money” on Thursday that one S&P 500 chart is showing the market heading for a major drop. Many market watchers have taken notice of the technical “megaphone” pattern the S&P has
A ‘No Gas’ sign is seen on a gas pump at a station after it ran out of gas as people get fuel before the arrival of Hurricane Dorian on August 30, 2019 in West Palm Beach, Florida. Joe Raedle | Getty Images News | Getty Images Hurricane Dorian’s winds slowed, prompting a downgrade to
Source: SmartAsset Retiring early can take some careful financial planning, especially in a era when many Americans have to keep working not only past 65 but well into their 70s just to make ends meet. Where you decide to settle down to ease into your golden years is a huge factor in just how far
Employees work on the production line of solar panel at Risen Energy Co., Ltd on February 21, 2019 in Ningbo, Zhejiang Province of China. Zhejiang Daily | Visual China Group | Getty Images President Trump rattled Wall Street when he demanded U.S. firms move production out of China. But many have already taken steps to
A cargo ship holds shipping containers as other containers sit at the Port of Los Angeles, the nation’s busiest container port, in September 2018. Mario Tama | Getty Images News | Getty Images BEIJING — China is moving slowly in the implementation of retaliatory tariffs as trade tensions with the U.S. escalate. The Chinese government
Factory workers at TNG Dai Tu Factory in Thai Nguyen Province, Vietnam work on brand name garments like Nike, Adidas and Converse. Justin Solomon | CNBC It’s crucial for businesses to be flexible and to hedge one’s bets amid the protracted and unpredictable trade war, according to a Hong Kong-based garment maker. For Lever Style, it
Image Source | DigitalVision | Getty Images For many minorities in America, it’s an all too familiar scene. An applicant who is a person of color and and applies for credit is either denied or gets much worse terms than a white borrower. In fact, an investigation by the National Fair Housing Alliance, a Washington
JJFarquitectos | iStock Editorial | Getty Images The world of competitive video games is coming out of “stealth mode” in the United States, analysts at Needham say, and the firm believes investors should pay attention to how its growing popularity will drive future profits. Known commonly as esports, the category is essentially defined as people
A bad August for the markets may usher in an even worst September based on seasonal trends. But long-time bull Jim Paulsen is positioning for a breakout by year’s end because he believes dread is oversaturating the market. “We almost have a fear bubble. That’s our primary thing that sits out there for me,” the
U.S. President Donald Trump speaks during a Federal Emergency Management Agency (FEMA) briefing on hurricane Dorian at FEMA Headquarters in Washington, U.S., September 1, 2019. Joshua Roberts | Reuters Hurricane Dorian will not hit Alabama, said the National Weather Service on Sunday, contradicting comments made by President Trump earlier. “Alabama will NOT see any impacts
In the midst of a tit-for-tat trade war between the U.S. and China, Labor Day sales may be your best chance to avoid the impact of higher prices for some products you buy. Tariffs on goods traded between the two countries have already increased in several stages since early 2018 and recently escalated again. Just