I am not a financial advisor. I cannot help you to re-balance your portfolio and find ways to mitigate any financial losses you have experienced in this crazy market. However, while I can't give you any investment advice or help you ignore the current market conditions, I can...
A new study in the peer-reviewed journal PLOS ONE implies that, for the most part, Facebook's 2.27 billion monthly active users are willing to look past recent privacy and data security controversies, and the social media site's role in facilitating the spread of fake news. In fact, to...
It's not unusual for airport security agents tasked with screening passengers to call-out sick in noticeable numbers after the holidays. But with a partial government shutdown entering its third week — and threatening to deny the nation's 51,000 Transportation Security Administration employees involved in the screening process a paycheck...
California utility PG&E faces at least $30 billion in liability for fires in 2017 and 2018, sources tell CNBC. The figure doesn't not include penalties, fines or punitive damages, the sources said. The report comes as the utility considers bankruptcy protection for some or all of its business as...
If you haven't made retirement savings a priority, now is a great time to start catching up. That is because retirement plan contribution limits have been pushed higher for this calendar year. The IRS has increased the amount employees can sock away in their 401(k) plans in 2019...
Goldman Sachs downgraded its oil price forecasts for 2019, citing a surge in global production and surprisingly resilient U.S. shale growth. The investment bank now expects international benchmark Brent crude to average $62.50 a barrel this year, down from a previous forecast of $70. Meanwhile, U.S. West Texas...
Cowen downgraded tobacco giant Altria to market perform from outperform on Monday, seeing accelerating declines in an already deteriorating US cigarette market. Altria's cigarette volumes will decline at a 7.3 percent annual rate over the next five years, compared to the average decline of 3.1 percent over the last...
Commerce Secretary Wilbur Ross told CNBC on Monday that U.S. trade tariffs are hurting the Chinese economy and Beijing's ability to create jobs to stave off social unrest. Ross appeared on "Squawk Box" as a new round of trade talks between the United States and China kicked off...
PNC Financial sees a sustainable relief rally taking shape. According to co-chief investment strategist Amanda Agati, market players who give up on the bull market will get hurt. "It can be very painful to miss out or get too bearish as we get into sort of the end...
Hedge-fund returns for 2018 are starting to trickle into investors' inboxes. Some investors — many of those that invest in quant funds and larger, established names — will be pleasantly surprised by the numbers in what was otherwise a challenging year in a variety of markets. Other investors,...