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Monthly Archives: November 2019

Iran warns regional states of consequences if they stoked unrest

DUBAI (Reuters) – Iranian Vice President Eshaq Jahangiri on Saturday warned regional countries of consequences if it is proven that they meddled to stoke recent unrest in Iran. FILE PHOTO: Iranian Vice President Eshaq Jahangiri speaks during a news conference after a meeting with Iraq’s top Shi’ite cleric Grand Ayatollah …

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Wall Street’s stock forecasters see just a 5% gain in 2020

A road construction site near Wall Street in Manhattan. Robert Nickelsberg | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) Wall Street’s equity strategists see stocks posting far more modest gains next year …

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Thanksgiving dinner still costs less than $50 on average

The average Thanksgiving dinner still costs less than $50 for Americans, but for all the bounty of this annual feast, farmers are getting only a pittance. The price for a Thanksgiving meal for 10 people hardly budged over the past year, costing an average of $48.91 for 2019, according to …

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Bargains aren’t just for Black Friday. Value retailers are winning year-round

A wave of good and bad retail earnings reports in recent days highlights one key theme for the industry: Value is winning. Target, Walmart, T.J. Maxx owner TJX and Nordstrom’s off-price Rack business were bright spots in a tumultuous landscape that’s been beaten down with bankruptcies, store closures and management …

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As US college costs soar, some students find bargains overseas

Oxford University Joe Daniel Price | Getty Images For high-school seniors, the world is their oyster. In fact, a growing number of college-bound students are completing their bachelor’s degrees in foreign lands. Rather than just studying abroad for a semester or two, about 50,000 U.S. students are currently pursuing full …

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Investors are left to wonder if the stock market rally is resting or rolling over

(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) This month has become a sideways “slowvember” slide in recent weeks, with stocks remarkably steady near record highs, as investors are again left to wonder if the …

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Clean energy technology was thought to be uninvestable. One fund thinks otherwise

(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) Venture capital funding for clean energy technology companies has declined after years of lackluster performance drove investors to other sectors. But a new fund is making a …

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Jim Cramer’s ‘Mad Money’ recap & stock picks Nov. 22, 2019

CNBC’s Jim Cramer takes a look at the week ahead in stock market news as Wall Street prepares for a short week of trading with Thanksgiving on Thursday. The “Mad Money” host sits down for interviews with Clorox CEO Benno Dorer and SoFi CEO Anthony Noto. Noto says he expects …

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Short week on Wall Street, plate full of earnings

Wall Street is counting on a breakthrough in U.S.-China trade negotiations, but CNBC’s Jim Cramer isn’t banking on it. President Donald Trump, again, on Friday teased that the U.S. was nearing a trade agreement with China, while Chinese President Xi Jinping signaled that Beijing also wants to land a deal …

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Alcee Hastings paid his girlfriend more than his former chief of staff

Rep. Alcee Hastings, D-Fla., who is facing a House ethics probe for engaging in a relationship with a subordinate staff member, has been paying his girlfriend the highest salary among his staffers for nearly a decade, according to House disbursement records. Patricia Williams, Hastings’ girlfriend of at least 25 years, …

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