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Yearly Archives: 2019

25% of jobs in US are at ‘high risk’ to be automated

Demika Alston was a teenager when she was hired at Au Bon Pain as a cashier. Through the years, she climbed up to general manager. There were other changes during that time too. Catering orders moved online, kiosks that could answer customers’ questions were installed and meal-taking iPads arrived. Many …

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Buy Apple now before earnings next week because the bad news is already in the stock

Apple’s stock has plummeted more than 30 percent over the past three months. Shares of the iPhone maker took a huge hit when it slashed revenue guidance by 8 percent on Jan. 2, blaming the slowdown on weaker sales in China. The stock tanked 15 percent on that day. Morgan …

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Steve Bannon is high-ranking Trump official mentioned in Roger Stone indictment

Jacquelyn Martin | AP Former White House strategist Steve Bannon leaves a House Intelligence Committee meeting where he was interviewed behind closed doors on Capitol Hill, Tuesday, Jan. 16, 2018, in Washington. Former White House chief strategist and Trump campaign CEO Steve Bannon is the “high-ranking Trump campaign official” in …

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As Intel plunges, here’s what every major analyst had to say about its dismal report

Justin Sullivan | Getty Images The Intel logo is displayed outside of the Intel headquarters in Santa Clara, Calif. Rising competition weighed on analysts minds following Intel’s dismal report after the bell Thursday. Wall Street largely believes the company’s sales shortfall is an Intel-specific problem and they remain bullish on …

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Facebook and others pledge millions of dollars to affordable housing

Mark Zuckerberg (R), founder and CEO of Facebook, and wife Priscilla Chan arrive on the red carpet during the 2nd annual Breakthrough Prize Award in Mountain View, California November 9, 2014. Facebook and the nonprofit Chan Zuckerberg Initiative are among the participants in a new group that’s promising to commit …

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Experts say Trump’s border wall will take years longer than he claims

Mandel Ngan | AFP | Getty Images President Donald Trump (C) is shown border wall prototypes in San Diego, California on March 13, 2018. President Trump claimed this week that his long-promised wall — the solution for what he describes as an illegal immigration crisis at America’s southern border — …

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Trump demands payment on wall as Schumer and McConnelll try to reach shutdown deal

Andrew Harrer | Bloomberg | Getty Images Senate Majority Leader Mitch McConnell, a Republican from Kentucky, right, talks to Senate Minority Leader Chuck Schumer, a Democrat from New York, while walking towards the Senate Chamber at the U.S. Capitol in Washington, D.C., U.S., on Wednesday, Feb. 7, 2018. Funding for …

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Venezuelan government could topple on its own, even without new U.S. sanctions, economists say

Threatened U.S. sanctions on Venezuelan oil could further destabilize the beleaguered country, but some economists say there’s already a good chance the Latin American country could collapse on its own. Venezuela’s 14 months of hyperinflation is among the worst in recent history, and that could be its undoing, according to …

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Microsoft Bing restored in China after nearly a day-long outage

Mark Kauzlarich | Bloomberg | Getty Images Microsoft CEO Satya Nadella speaks at an Economic Club of New York event in New York on Feb. 7, 2018. Microsoft’s Bing search engine was restored in China Thursday after a nearly day-long outage, a company spokesperson confirmed to CNBC. Users first reported …

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US economy now growing at less than 2 percent due to government shutdown, JP Morgan says

Scott Olson | Getty Images Government workers protest the government shutdown during a demonstration in the Federal Building Plaza on Jan. 10, 2019 in Chicago, Illinois. J.P. Morgan economists said the government shutdown is beginning to take a bigger toll on the U.S. economy, and growth is now below 2 …

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