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Monthly Archives: October 2019

Investors are hoping stocks can beat the Fed meeting curse this time

(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) We’ve been here before – several times, and not long ago. A plodding but steady rally is drawing the S&P 500 toward a new record high as …

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California firefighters tackle huge blazes, thousands evacuated

California firefighters aided by subsiding winds took the offensive on Friday against two major wildfires at opposite ends of the state, one displacing 50,000 suburban Los Angeles residents and another roaring through Sonoma County’s famed wine country. Governor Gavin Newsom declared an emergency for both blazes, which erupted hours apart …

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Jim Cramer’s ‘Mad Money’ recap & stock picks Oct. 25, 2019

CNBC’s Jim Cramer on Friday said the slate of earnings reports he saw this week gave him a positive feeling about the week ahead. He breaks down what quarterly reports he’ll have his eye on. The “Mad Money” host also sits down with American Airlines CEO Doug Parker to find …

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Alphabet, Beyond Meat, Facebook, Apple earnings

With one jam-packed week of earnings down, another is nigh. The Dow Jones Industrial Average posted its second positive trading week in three, the S&P 500 had its third positive week in a row and the Nasdaq Composite posted its fourth-straight week of gains. The S&P 500 closed about three …

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Stock market outlook for Monday: Alphabet, Beyond Meat earnings

The Gmail email application is seen on a portable device in this photo illustration on December 6, 2017. (Photo by Jaap Arriens/NurPhoto via Getty Images) NurPhoto | NurPhoto | Getty Images Here are the most important things to know about Monday before you hit the door. 1. Busiest week of …

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You can save up to $268 a year by switching your cell phone plan

Americans spend a lot to stay connected. Last year, the average person spent $1,188, which comes out to about $99 a month, according to the latest Bureau of Labor Statistics Consumer Expenditure Survey. And when you look at Americans between the ages of 25 and 64, the average monthly spending …

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Fisher withdrawals top $3 billion as Texas retirement plan exits

Kenneth Fisher, chief executive officer of Fisher Investments, speaks at the Forbes Global CEO Conference in Sydney, Australia, on Tuesday, Sept. 28, 2010. Gillianne Tedder | Bloomberg | Getty Images The Employees Retirement System of Texas announced on Friday that it would end its relationship with Fisher Investments, yanking $350 …

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Communications, energy poised for breakouts on earnings, experts say

Which sectors will lead the way as markets near record highs? After the busiest day of earnings season, the S&P 500 is less than 1% away from all-time highs, and traders are placing their bets on which sector is poised to break out. Todd Gordon, founder of TradingAnalysis.com, is banking …

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Generac soars to a record as PG&E power cuts cause business to boom

Grim as it may be, backup-generator maker Generac Holdings is soaring as power cuts in California become the norm. The stock opened at a new all-time high on Friday, and is up 85% for the year. This week PG&E announced another large-scale preemptive power cut for hundreds of thousands of …

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The student loan crisis could see a turnaround in 2020

Big changes could be coming down the pipeline for the 44 million Americans with student debt. Presidential campaign proposals and recently introduced legislation aim to rewrite the rules around student loan interest, repayment and refinancing. Some of the plans would reduce — or altogether erase — people’s balances. More from …

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