There’s a new tech fund in town. The new Invesco Nasdaq Next Gen 100 ETF (QQQJ), a “junior” version of the issuer’s incredibly popular Invesco QQQ Trust ETF (QQQ), launched on Oct. 13 to a good deal of fanfare from investors looking to get in on the next growth trade. […]
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These Atlanta suburbs show how Georgia has become a 2020 battleground state
Carolyn Bourdeaux and Rich McCormick Carolyn Bourdeaux for Congress and Rich McCormick for Congress. In a suburban county northeast of Atlanta, Melissa Clink has been pursuing an ambitious goal. “We’ve been working on normalizing being a Democrat in Forsyth County for quite some time,” she said. Clink is the chairwoman […]
Rising rates seem to signal a recovery is near, but investors wonder whether they can be believed
A worker uses a nail gun while installing trim in a home under construction at a Romanelli and Hughes Building Co. subdivision in Dublin, Ohio, July 9, 2020. Ty Wright | Bloomberg | Getty Images Bonds, it would seem, are speaking the bulls’ language. Treasury yields rolled to a four-month […]
Starboard tries to find another winner in the fintech space
Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc. Brendan McDermid | Reuters Company: ACI Worldwide, Inc. (ACIW) Business: ACI Worldwide, Inc. develops and markets software products and services focused on facilitating electronic payments. Its products and services are used principally by financial institutions, retailers, […]
How Aston Martin is trying to save its iconic brand
Aston Martin has come a long way since it was featured as James Bond’s weapon-laden sports car in the movie “Goldfinger.” It makes some of the world’s most envied and admired vehicles, but that isn’t helping it financially. Mounting losses, falling sales and the devastating impacts of the coronavirus, which […]
‘Follow the Fauci’ — Shepard Smith makes a plea to the country
As the devastating new coronavirus surge worsens, Shepard Smith, anchor and executive editor of CNBC’s “The News with Shepard Smith,” has a message for friends, loved ones and viewers across the country: “Follow the Fauci.” “Those of us in New York and the Northeast are worried about you, our friends, […]
Cramer’s week ahead: A tough week, a prelude to election day
Wall Street will face a deluge of market-moving events in the coming weeks. With a jam-packed week of big companies set to report and lawmakers still negotiating a highly anticipated stimulus bill, investors will have a lot of information to digest as the presidential election and uncertainty associated with it […]
Jared Kushner friend, Giuliani associate Ken Kurson charged with cyber stalking
Ken Kurson, the former editor of a New York newspaper when it was owned by his friend Jared Kushner, a top advisor to President Donald Trump, has been charged by federal prosecutors with interstate cyber stalking and harassment of three people. Kurson, a political consultant who is also a confidant […]
Barbie-maker Mattel CEO: Toy demand has been ‘more than we expected’
Mattel is working to catch up to an unexpected surge in consumer demand for toys as the holiday shopping season rolls near, CEO Ynon Kreiz told CNBC Friday. “We are seeing tremendous demand for our products, more than we expected,” he said in an interview with Jim Cramer on “Mad […]
Companies plan to continue shifting supply chains out of China under Biden or Trump, says PwC exec
Companies plan to continue shifting supply chains out of China, regardless of who wins the Nov. 3 presidential election, according to Tim Ryan, the chair of PwC U.S. The issue came into focus in response to President Donald Trump‘s trade war with China, but it only gained importance across corporate […]