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Yearly Archives: 2019

It’s possible the US economy is not ‘late cycle’

(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) The idea that we are late in the economic and financial-market cycle is one that even most Wall Street bulls won’t dispute. After all, when the economic …

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Wall Street bets international stocks will top US equities in 2020

A pedestrian walks past a stock indicator displaying numbers of the Tokyo Stock Exchange and the world’s major markets in Tokyo. Kazuhiro Nogi | AFP | 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 …

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Strong jobs report allows us to focus on earnings

Friday’s market action “makes sense,” CNBC’s Jim Cramer said. The major stock indexes all rallied about 1% in the session after Wall Street learned that 266,000 jobs were added to the economy in November, trouncing the projected 187,000 figure. Cramer said the nonfarm payroll results “drove a stake through the …

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Jim Cramer’s ‘Mad Money’ recap & stock picks Dec. 6, 2019

CNBC’s Jim Cramer takes a look at the coming week of earnings reports, the Fed and stock market news. The “Mad Money” host sits down with Boot Barn CEO to get a better picture of its expansion plans. Later in the show he explains why President Donald Trump should let …

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Teenager Pleads Guilty to Throwing Boy Off Balcony at Tate Modern in London

A teenager who threw a 6-year-old boy off a balcony at the Tate Modern museum in London in August pleaded guilty on Friday to one count of attempted murder, according to the authorities. The teenager, Jonty Bravery, from the Ealing area west of London, admitted at London’s Old Bailey criminal …

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Trade, Toll Brothers earnings, impeachment watch

Diego Perez works on a Toll Brothers home on August 21, 2018 in Boca Raton, Florida. Joe Raedle | Getty Images Here are the most important things to know about Monday before you hit the door. 1. Trade update Investors will be looking for clarity on the U.S.-China trade war …

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What to do first if you win the $285 million Mega Millions jackpot

More than a quarter-billion dollars is up for grabs in the next Mega Millions drawing. After 10 weeks with no one hitting all six numbers, the jackpot has climbed to $285 million for Friday night’s drawing. And while the odds are stacked against a jackpot win — your chance is …

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All art is political: Switzerland’s Blocher puts masterpieces on display

Swiss billionaire and politician Christoph Blocher poses in front of a painting by Ferdinand Hodler “Vue du Leman depuis Chexbres” after after a guided visit for the media of his collection at the Fondation Gianadda in Martigny, Switzerland, December 6, 2019. REUTERS/Denis Balibouse MARTIGNY, Switzerland (Reuters) – Christoph Blocher’s vast …

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2020 could be the year everything changes for people with student debt

Outstanding education debt has outpaced credit card and auto debt. The average college graduate leaves school $30,000 in the red today, up from $10,000 in the 1990s. Nearly 40% of students who took out loans in 2004 will default on their debt by 2023, according to the Education Department’s own …

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Here’s where the jobs are for November 2019 — in one chart

The November 2019 employment report showed U.S. companies added way more jobs than expected during the month as mammoth gains in health care and social services — as well as a bounce in manufacturing hiring — ushered labor statistics higher. The government reported Friday that payrolls increased by 266,000, easily …

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