Oracle Chairman and Chief Technolgoy Officer Larry Ellison delivers a keynote address during the Oracle OpenWorld conference in San Francisco on October 22, 2018. Justin Sullivan | Getty Images Oracle shares moved 3% lower in extended trading on Thursday after the company reported fiscal second-quarter revenue that fell short of analysts’ estimates. On a conference
Month: December 2019
National Economic Council Director Larry Kudlow maintained a cautious optimism around the trade agreement struck by China and the U.S. He told CNBC’s “Power Lunch” on Friday the deal should lift business confidence, but “we will see how it works. We will see if the Chinese stay with their word.” China and the U.S. agreed
The Chartwell Estate Photograph by Jim Bartsch, courtesy of the Estate of Jerry Perenchio Media scion Lachlan Murdoch reportedly paid $150 million for an estate in Los Angeles’ Bel Air neighborhood, making it the most expensive home ever sold in the city. According to The Wall Street Journal, Murdoch — the eldest son of media
Netflix CEO Reed Hastings gives a keynote address, January 6, 2016 at the CES 2016 Consumer Electronics Show in Las Vegas, Nevada. Robyn Beck | AFP | Getty Images A lot can happen in a decade. Since 2010, the S&P 500 has returned nearly 185%, an impressive gain for the bellwether stock index. While the
Technology firms dominate your online activity, so why not your wallet, too? Most recently, Google has announced it will offer checking accounts as part of a project code-named Cache, notching the boldest move yet by tech into consumer banking. In fact, the company is just the latest Silicon Valley leader to make a bid to
Jamila Souffrant knew she needed a change. Her three-hour round-trip commute from where she lived in Brooklyn, NY to work in New Jersey had gotten on her last nerve. Meanwhile, she felt like she was missing some of her two young sons’ growth, with all the back-and-forth. That’s when she heard about the financial independence
Getty As December 31 creeps closer, some employees are wondering what Santa will leave in their payroll stockings. Visions of huge bonuses – like the $10 million in bonuses to be paid to the 198 employees of Baltimore-based St. John Properties – may be dancing in their heads. But statistically, most bonuses and gifts are
Apartment of photographer and Hotel Chelsea resident, Tony Notarberardino. © Colin Miller Located on West 23rd Street, between 7th and 8th Avenues, Hotel Chelsea is firmly part of American lore. Originally opened in 1884, Mark Twain, Allen Ginsburg, Andy Warhol, Arthur Miller, Leonard Cohen, and Patti Smith are among the artists, writers, musicians, and poets who
CNBC’s Jim Cramer gave viewers a peek at the week of earnings reports. Later in the show the “Mad Money” host says Costco has a China problem, but it’s not the tariffs on imports from the country. Cramer’s look at the week ahead An initial United States-China trade agreement appears to finally be coming to
Broadcom’s fourth-quarter earnings beat Street estimates on Thursday, but investors were put off by slowing growth in semiconductor business and a lukewarm revenue forecast for 2020, sending its shares down about 2% in extended trade. The 17-month long trade war between the United States and China and sanctions on China’s Huawei Technologies pressured its core
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters With trade tensions toned down, stocks have clearance to rally into year-end, a traditionally positive time for stocks. Stocks surged to record highs in the past week, as the U.S. and China moved to announce a phase one trade deal
With the Mega Millions jackpot at $340 million, Friday the 13th might turn out to be someone’s ultra-lucky day. Heading into Friday night’s drawing, the top prize has been climbing for more than two months with no one matching all six numbers in the twice-weekly drawings. And while the odds are stacked against a jackpot
Chinese President Xi Jinping and President Donald Trump at the G-20 Summit in Osaka on June 29, 2019. Brendan Smialowsi | AFP | Getty Images Amid a slew of headlines and tweets, a long-awaited phase one trade deal between the U.S. and China has finally been agreed upon. However, Goldman Sachs is not so happy
Alys Tomilson | Getty Images College students apparently have more to worry about these days than their grades and where to head for the weekend’s best party. A new form of financial fraud is exploiting college kids who own cars and are looking to make some extra cash, according to the Federal Trade Commission. Scammers
Getty As people look ahead to their retirement years, a primary objective is to identify areas of risk, with the goal of eliminating each and every risk that they believe could cause them harm. Experienced planners are trained to listen to these concerns, and their recommendations are typically well-intentioned efforts to meet this goal of
Share to facebook Share to twitter Share to linkedin The stock market’s reaction was tepid, to say the least. Mark Wilson/Getty Images Topline: Although the U.S. and China have finally agreed on an initial deal that’s expected to defuse the 19-month-long trade war and result in a rollback of both existing and scheduled tariffs, the
Horizontal photo close up of male businessman hand holding pen putting signature on official … [+] document contract paper binding agreement concept banner for website header design with copy space for text Getty Though no one likes to think about this possibility, sometimes even the most dedicated buyers get cold feet. When that happens, it’s
Agent Scott Boras prior to the game between the Miami Marlins and the New York Mets at Marlins Park on July 12, 2019 in Miami. Michael Reaves | Getty Images Following a week where he negotiated nearly $1 billion in Major League Baseball player contracts, super-agent Scott Boras says the model teams have used for
Costco Wholesale reported lower-than-expected quarterly revenue on Thursday, hit by a slowdown in the number of customers shopping on the warehouse club operator’s website. U.S. grocers have become increasingly dependent on their online businesses to drive sales growth as consumers demand the convenience of shopping at home or at work in a sector saturated with
President Donald Trump speaks to reporters in Washington, December 7, 2019. Erin Scott | Reuters The trade deal agreed to by the U.S. and China diffuses tensions between the world’s two largest economies, and could help boost corporate profits and the global economy next year, analysts say. That would be a positive for stocks and
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