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Monthly Archives: November 2019

Be on high alert for scams during Medicare open enrollment

You might know by now that Medicare’s annual open enrollment is underway and ends Dec. 7. So do scammers. Every fall, when the program’s 60 million or so beneficiaries can make coverage changes for the next year, criminals tend to step up their game, experts say. It could involve a …

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Walmart appears to be gaining ground against Amazon

Amazon CEO Jeff Bezos (l) and Doug McMillon, CEO of Walmart. Getty Images | CNBC Less shopping is happening on Amazon, and consumers are favoring Walmart, according to a new survey. The frequency of people buying items on Amazon six times or more per month has dropped to 40% this year …

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Where to invest with stocks at records, according to two traders

Stocks kicked off November with fresh records. The S&P 500 has added 22% this year and roared more than 30% higher off its December bottom. With stocks at sky-high levels, MKM Partners chief market technician JC O’Hara says one corner of the market could offer value. “If I were to …

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Trump 2020 election bid to be defined by economy, China trade deal

Harley-Davidson motorcycle engines are assembled at the company’s Powertrain Operations plant on June 1, 2018 in Menomonee Falls, Wisconsin. Getty Images As President Donald Trump latches his reelection bid to a strong economy, he has to tread carefully to prevent it all from unraveling before November 2020. Sunday marks a …

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Why this ex-Trump official says student debt needs to be cancelled

MACON, Georgia — As the head of student loan debt at the U.S. Education Department, Wayne Johnson discovered some people had balances of more than $1.5 million. “I’ll never forget it,” Johnson, 67, said, during an interview with CNBC on Sunday night at a gated retirement community he owns here. …

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Companies ask for China tariff exclusions despite deal optimism

The Office of the United States Trade Representative faces a massive backlog of requests from companies seeking a reprieve from the Trump administration’s tariffs against China, even as Washington and Beijing try to finalize phase one this year of a deal to end the 18-month-long trade war. More than 3,000 …

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Dropbox Activision Blizzard Roku among names that usually beat the street

(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’re now more than halfway through earnings season, but there are still a number of companies set to report quarterly results in the coming weeks. When it …

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Investors reassess the hope-and-hype business model, causing stocks like GrubHub to plunge

(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) Investors lately have been heeding that classic bit of advice for writers: “Kill your darlings.” Rather than a writer deleting his most cherished but overwrought passages, investors …

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The outcome of the US, China trade negotiations will make or break these stocks into year-end

Chinese President Xi Jinping (R) and US President Donald Trump at the Great Hall of the People in Beijing on November 9, 2017. Nicholas Asfouri | AFP | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening …

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Jim Cramer’s ‘Mad Money’ recap & stock picks Nov. 1, 2019

October’s robust jobs report doesn’t reflect an economy that’s falling into recession, CNBC’s Jim Cramer says before giving a preview into what’s on his trading calendar for next week. The “Mad Money” host is bullish on the housing market and offers suggestions to play the homebuilder sector. Later in the …

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