Home / 2019 (page 21)

Yearly Archives: 2019

Ralph Ellison’s Letters Offer the Pleasures of Big Ideas and Everyday Life

“You are hereby warned,” Ralph Ellison wrote to his friend Albert Murray in 1951, “that I have dropped the shuck.” After years of struggle and doubt, Ellison had finished “Invisible Man,” his epic of midcentury African-American life. The novel would win the National Book Award. His life was about to …

Read More »

Apple, Microsoft contribute more than 1000 points to the Dow this year

Apple and Microsoft are leading the record market rally in 2019. The two have amassed a collective $819 billion in market cap this year, leading the Dow Jones Industrial Average to all-time highs. If those gains were stripped from the Dow, the blue-chip index would be nearly 1,100 points lower …

Read More »

December could be good for the stock market, but there’s one big risk

The Charging Bull near Wall Street is pictured in New York. Carlo Allegri | Reuters Stocks have had a bang-up year so far, and they’re heading straight into the month that is often the best of all. The S&P 500 is up more than 25% for the year. Thanksgiving week …

Read More »

5G broadband is a threat to cable companies but execs aren’t worried

T-Mobile US CEO John Legere testifies before a House Committee on Energy and Commerce Subcommittee hearing in Washington, February 13, 2019. Erin Scott | Reuters For about the last two decades, the cable industry has been fueled by three revenue streams: cable television, landline phones and high-speed broadband. Recently, though, …

Read More »

‘Tax Cuts 2.0’ could include rate reduction for the middle class

Don’t be surprised if a proposal billed as a middle-class tax cut emerges from the White House at some point next year. With the president’s hope to make it an election issue — as recently described by his top economic policy advisor in an interview with CNBC — the idea is to lower …

Read More »

Disney’s dominates animation category, why other studios can’t compete

Sven the reindeer and Olaf from “Frozen II.” Disney Disney has long been the king of animation, with titles that have not only hauled in billions of dollars at the global box office, but also scored a record number of Academy Awards. This year, that trend continues. The company, which …

Read More »

One way to graduate college with less debt

Like many students his age, Natanael Pabon-Trinidad, 18, wanted to pursue a college degree.  He simply didn’t have the funds to afford it. “My mom doesn’t have a high-paying job, and I was worried about all that and not being able to pay,” he said. Rather than relying on loans, …

Read More »

How NASA is evolving through partnerships with private space companies

NASA is opening up the International Space Station for tourists with the first mission as early as 2020. Stocktrek Images | Getty Images Companies are increasingly looking to space as a place of business, and the National Aeronautics and Space Administration has been changing in several different ways, especially by …

Read More »

Towns try to stoke excitement for Small Business Saturday

Independent retailers are gearing up for Small Business Saturday, a day used to promote mom-and-pop retailers, and many towns are doing their best to support the effort.  In 2018, an estimated 104 million consumers shopped at independent retailers and restaurants on the Saturday after Thanksgiving. They spent $17.8 billion, the …

Read More »

Tesla, Facebook, GE & more

Elon Musk, co-founder and chief executive officer of Tesla Motors. Yuriko Nakao | Bloomberg | 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 analysts tend to run in packs, with most …

Read More »