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Tesla is a ‘faith stock,’ according to trader

Tesla shares are tapping the accelerator again. The electric automaker’s stock has added 2% so far this month, better than the slight decline by the Nasdaq 100. Gina Sanchez, CEO of Chantico Global, says its status as a “faith stock” could mean a bigger move is ahead. “Tesla is definitely …

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How the French influenced this beautiful African island

The Republic of Mauritius, located off the east coast of Africa, is full of Indians who speak French. The story of how it got that way is an intriguing one. Visitors may be surprised at the predominance of French influence on this island state in the Indian Ocean — a …

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‘Playmobil’ movie bombs at box office, hauls in less than $1 million

The character Marla in ‘Playmobil’ STX Films, promotional photo of Playmobil movie It seems Disney’s reign over the animation box office continued this weekend. While “Frozen II” neared $1 billion during its third weekend in theaters, STX’s “Playmobil” movie garnered less than $1 million in ticket sales over its opening …

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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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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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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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US tax revenue sharply dropped thanks to Trump cuts, new report says

John Ewing | Portland Press Herald | Getty Images U.S. tax revenue as a proportion of GDP dropped the most out of any country in the Organisation for Economic Co-operation and Development in 2018, according to a report released Thursday. That’s largely due to the $1.5 trillion GOP tax cut …

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Here’s where employers stand on 2019 bonuses

Charles Taylor | Getty Images There are less than four weeks left in the year, and your chances of a holiday gift at work are looking pretty good. About 2 in 3 companies anticipate giving workers a year-end bonus or perk, according to new data from Challenger, Gray & Christmas. The …

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Nike’s valuation provides a map for Lululemon’s future, Cowen says

Lululemon is beginning to look like Nike, Cowen said on Tuesday as it raised its price target on the stock to $250. The firm said Nike’s valuation provides a map for Lululemon’s future, and that when applying Nike’s multiple to Lululemon’s financial metrics and growth opportunities, there’s a path toward …

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