Home / 2017 / December (page 48)

Monthly Archives: December 2017

Paul Manafort wrote op-ed with colleague in Russia, prosecutors say

Andrew Harrer | Bloomberg | Getty Images Paul Manafort, former campaign manager for Donald Trump, arrives to the U.S. Courthouse for a bond hearing in Washington, D.C., on Monday, Nov. 6, 2017. Special counsel Robert Mueller said Monday that Donald Trump’s former campaign chairman Paul Manafort was working on an …

Read More »

Investors should rotate into these sectors with GOP tax plan

Jim Young | Bloomberg | Getty Images A worker uses a heat gun to smooth out the wrinkles on a car seat during production at the Lear Corp. manufacturing facility in Hammond, Indiana. With the Republican tax plan headed to the bicameral conference committee, JPMorgan is encouraging investors to make …

Read More »

Energy, financials stocks are on the verge of crossing key levels

Brittany Sowacke | Bloomberg | Getty Images Workers on Endeavor Energy Resources LP’s Big Dog Drilling Rig 22 in the Permian basin outside of Midland, Texas. As much of the equity market marches to new highs on Monday, I’m keeping an eye on two groups of stocks specifically — energy …

Read More »

Quanta, Lumus announce augmented reality licensing agreement

Stephen Lam | Reuters Craig Federighi, Senior Vice President Software Engineering speaks about “Augmented Reality” during Apple’s annual world wide developer conference (WWDC) in San Jose, California, U.S. June 5, 2017. Quanta Computer — a major supplier of components for the Apple Watch — announced a major deal on Monday …

Read More »

Schumer, Pelosi will meet with Trump after canceling previous meeting

Jim Watson | AFP | Getty Images President Donald Trump (C) makes a statement from the Roosevelt Room next to the empty chairs of Senate Minority Leader Chuck Schumer (L), D-New York, and House Minority Leader Nancy Pelosi (R), D-California, after they cancelled their meeting at the White House in …

Read More »

The most important thing to do no matter your age

Yui Mok | Getty Images Sir Richard Branson during the launch of Virgin Trains ’tilting train’ at Reading Station. The first tilting train to carry fare-paying passengers is being operated by Sir Richard Branson’s Virgin Trains company. Sir Richard joined customers on the Virgin CrossCountry service which was going into …

Read More »

SEC steps up ICO scrutiny with order to freeze ‘PlexCoin’ assets

The Securities and Exchange Commission is getting tougher on token sales. The agency said Monday it has obtained an emergency court order to freeze the assets of two individuals and a company to “halt a fast-moving Initial Coin Offering (ICO) fraud.” PlexCorps raised up to $15 million from thousands of …

Read More »

Trader tries a clever way to cash in on the bitcoin boom

Suddenly everyone is going crazy for crypto, and as bitcoin futures are becoming a reality, one trader has a way to cash in on the action. Bitcoin has been on a tear this year, surging at least 1,000 percent in 2017. As the cryptocurrency gained even more attention from investors …

Read More »

Trump formally endorses Roy Moore’s campaign

Yuri Gripas | Reuters President Donald Trump arrives at Joint Base Andrews in Maryland, U.S., upon his return to Washington from New York, December 2, 2017. President Donald Trump formally endorsed Alabama Senate candidate Roy Moore on Monday, following a phone call between the two men. “The President had a …

Read More »

Owning Home Depot and these other Dow stocks in December makes money

Buying Home Depot, General Electric, Nike and Goldman Sachs in December has been a good trade, history shows. Home Depot’s stock averages a return of 4.89 percent in the final month of the year — the best out of any Dow Jones industrial average component — and trades positive 67 …

Read More »