Month: November 2019

European markets traded slightly lower on Tuesday morning, despite optimism over progress in the U.S.-China trade dispute. The pan-European Stoxx 600 slipped 0.1% below the flatline in early trade, with travel and leisure stocks dropping 2.5% as most sectors and major bourses edged into negative territory. Trade negotiators from Washington and Beijing held another phone
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Jensen Huang, president and CEO of Nvidia, speaks during the company’s event at the 2019 Consumer Electronics Show in Las Vegas on Jan. 6, 2019. David Paul Morris | Bloomberg | Getty Images Here are the biggest calls on Wall Street on Monday: Wells Fargo downgraded Netflix to ‘underperform’ from ‘market perform’ Wells Fargo said in
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With the release of presidential candidate Pete Buttigieg’s Social Security plan, the Democratic Party’s stance on Social Security is clearer than ever. All four top tier presidential candidates — Buttigieg, Joe Biden, Bernie Sanders and Elizabeth Warren — favor expanding, not cutting, Social Security. Democrats’ support for Social Security expansion extends beyond the presidential campaign
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Thomas Barwick | DigitalVision | Getty Images The process of recommending life insurance doesn’t have to be rife with conflicts of interest. Insurance has its place in a client’s comprehensive financial plan. For instance, term coverage can protect a young family in the event of a breadwinner’s early demise. Permanent life insurance — which can
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China’s hand in cementing a phase one trade deal with the U.S. keeps getting weaker even though many American media outlets keep reporting otherwise because they seem to like Chinese President Xi Jinping better than President Donald Trump, CNBC’s Jim Cramer said on Monday. Cramer said on “Squawk Box” the mainstream media wrongly thinks that
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A pedestrian passes in front of a Charles Schwab Corp. office building in New York. Gabriella Angotti-Jones | Bloomberg | Getty Images Charles Schwab’s proposed acquisition of TD Ameritrade is stirring up worry among financial advisors. Schwab on Monday announced it would acquire TD in a $26 billion all-stock transaction. Together, the firms will serve
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UNITED STATES – AUGUST 21: The Internal Revenue Service building is pictured in Washington on … [+] Wednesday August 21, 2019. (Photo by Caroline Brehman/CQ-Roll Call, Inc via Getty Images) CQ-Roll Call, Inc via Getty Images Hear that noise? It’s the collective sighs of tax professionals around the country upon learning that the Internal Revenue
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