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Yearly Archives: 2019

Car shoppers should avoid this risky loan during Black Friday sales

I love images | Cultura | Getty Images As consumers check out Black Friday car deals, there’s a good chance some of them will consider heading down a costly path. That is, they’ll go to trade in their existing car for a new one, even though the value of the …

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Stocks have a history of positive trading around Thanksgiving, but not recently

@PlanetBrandee / Twenty20 The bullish chorus on stocks is getting louder heading into Thanksgiving as the market looks to regain its winning ways around the holiday. The Dow Jones Industrial Average  touched a record on Tuesday and sentiment was high riding into the traditionally strong two-day period surrounding Thanksgiving. The …

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Cancer patients at higher risk of dying from heart disease

Science Photo Library – ROGER HARRIS | Brand X Pictures | Getty Images Cancer patients have a higher risk of dying from heart disease and stroke with 10% of all cancer patients dying from cardiovascular problems, not cancer, according to a new study published in the European Heart Journal. For …

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Market experts made predictions for 2019 — did they get them right?

It’s that time of year when banks, brokers and analysts issue predictions for what the following 12 months will bring for financial markets. The experts gain bragging rights if their forecasts play out perfectly, but predictions can also go spectacularly wrong in the world of finance. CNBC looks back at …

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Dollar Tree shares tank 13% after discount retailer cuts forecast, blaming tariffs

Gary Philbin, CEO, Dollar Tree Scott Mlyn | CNBC Dollar Tree just signaled for a disappointing holiday earnings quarter thanks to U.S.-China trade war tariffs, sending shares cratering on Tuesday. The discount retailer said the tariffs slapped on Chinese imports will add $19 million, or 6 cents per share, to …

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How advisors can help clients through high-stakes Medicare decisions

A senior citizen holds a sign during a rally to protect federal health programs at the 8th Annual Healthy Living Festival on July 15, 2011 in Oakland, California. Justin Sullivan | Getty Images For most people, signing up for Medicare is a retirement rite of passage. But as they turn …

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Expect Thanksgiving travel delays as 55 million hit roads, rails, skies

Masses of vehicles move slowly on the Montrose Ave overpass at the 1-90 Kennedy Expressway and the I-94 Edens Split the day before Thanksgiving in Chicago, Illinois. (Photo by Patrick Gorski/NurPhoto via Getty Images) Patrick Gorski | NurPhoto | Getty Images There will be little chance of escaping the crowds …

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Biotech is busting out, but trader says managed-care stocks are best

There’s a burgeoning breakout in one corner of health care. The IBB biotech ETF has surged 6% over the past week, roughly triple the gains on the broader XLV health care ETF. Ari Wald, head of technical analysis at Oppenheimer, expects the group to continue to grind higher. The IBB …

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Stephen Roach on manufacturing, supply chain shifts amid trade war

A Chinese manufacturing worker. TPG | Getty Images SINGAPORE — U.S. companies aren’t likely to pack up their manufacturing operations in China and move them back home amid the trade war between Washington and Beijing, according to a prominent economist. That’s because supply chains are “very difficult to put together, …

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Global car sales expected to slide by 3.1 million this year in biggest drop since recession

Imported automobiles are parked in a lot at the port of Newark, New Jersey, February 19, 2019. Eduardo Munoz | Reuters Car sales around the world are expected to see their steepest year-over-year decline in 2019 since the financial crisis as consumer demand from the U.S. to China softens. Global …

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