Stephen Hahn, nominee to be commissioner of the Food and Drug Administration, testifies during his confirmation hearing in the Senate Health, Education, Labor and Pensions Committee on Wednesday, Nov. 20, 2019. Bill Clark | CQ-Roll Call, Inc. | Getty Images A Senate panel on Tuesday advanced President Donald Trump’s nomination […]
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Investors fear repeat of last December’s sell-off if Trump lets tariffs take effect Dec. 15
U.S. President Donald Trump greets supporters after arriving in Air Force One at LAX Airport on April 5, 2019 in Los Angeles, California. Michael Kovac | WireImage | Getty Images Investors have been awaiting Dec. 15 as a pivot point for the stock market, with expectations the U.S. and China […]
A small tech company tried it all to stop employee turnover. Only one thing worked
Most companies don’t like to admit they have any turnover. For years I didn’t, either. We have always been an employee-focused company that has done everything in our power to hold on to our employees, building what I thought was a great culture. Beer on tap, dogs in the office, […]
Bridgewater’s co-CEO Eileen Murray is leaving the world’s largest hedge fund
Eileen Murray, co-chief executive officer of Bridgewater Associates LP, speaks during the Bloomberg Business of Equality conference in New York, U.S., on Tuesday, May 8, 2018. Mark Kauzlarich | Bloomberg | Getty Images Bridgewater’s co-CEO Eileen Murray is leaving the world’s largest hedge fund, a press release from the company […]
Here’s how ETF investors are positioned for the historically strongest month of the year
The year-end rush has begun. December, which has been the strongest trading month of the year for the stock market in the past 50 years, started off in the red as weaker-than-expected manufacturing data and a potential pause in U.S.-China trade dealings capped gains for the major averages. But with […]
Stubborn storm bringing heavy snow to parts of Northeast to linger at least another day
The wintry storm that has killed at least eight people as it marches across the country was expected to hang on stubbornly through Tuesday, further bedeviling travel plans in the Northeast. The powerful storm will show up along the Northeastern and New England coastlines, causing snow — heavy in some […]
Meet the ‘financial detective’ who has saved NBA players from losing millions of dollars to fraud
Professional athletes lose a lot of money to fraud. Research from Ernst & Young estimates the losses at almost $600 million from 2004 to 2018. And those are just the amounts publicly claimed by athletes. David Byrne wants to help change that. As a lifelong sports enthusiast and Washington Wizards […]
Tesla is ‘a must own stock,’ Piper Jaffray says, and will climb more than 25% next year
Tesla Model 3 Silas Stein | picture alliance | Getty Images Piper Jaffray increased its price target on Tesla’s stock to $423 a share, saying that “for all its controversy and volatility, we think TSLA is a must-own stock” in the auto sector. Tesla shares rose 0.5% in premarket trading. […]
Trump says it might be better to wait until after 2020 election for a China trade deal
President Donald Trump speaks during a tour of Apple’s Mac Pro manufacturing plant in Austin, Texas, November 20, 2019. Tom Brenner | Reuters President Donald Trump said Tuesday that it might be better to wait until after the 2020 election to strike a trade deal with China. “In some ways, […]
Starbucks launches holiday cold brew drink as the iced beverage’s popularity soars
Starbucks Irish Cream Cold Brew holiday drink. Source: Starbucks Starbucks is launching its latest holiday drink on Friday: the Irish Cream Cold Brew. The cold brew, mixed with Irish cream syrup, comes topped with vanilla sweet cream cold foam and cocoa powder. Two years ago, Starbucks’ midseason addition to its […]