Microsoft unveiled the new Neo laptop. Microsoft on Wednesday officially recognized the existence of a two-screened foldable laptop, the Surface Neo. The product will be ready next holiday season, Panos Panay, Microsoft’s chief product officer, said at an event in New York on Wednesday. Although Microsoft is arguably most well […]
CNBC News
The bull market is losing one of its most powerful backers
Traders work on the floor of the New York Stock Exchange on August 14, 2019 Spencer Platt | Getty Images One of the market’s most important players is losing its mojo. Corporate America’s share buybacks, which hit a record of over $1 trillion in 2018 on the back of a […]
Andrew Yang says the wealth tax proposals from Sanders and Warren could be a ‘disaster in practice’
Some of the top contenders in the Democratic presidential primary have called for a wealth tax on America’s top earners. But entrepreneur Andrew Yang, whose profile in the primary race has risen in recent months, told CNBC’s John Harwood that the policy could be a “disaster in practice.” Yang’s campaign […]
Worried about a recession? Here are 4 ways to protect your finances
It seems like every time you turn on the TV or open a newspaper these days, financial experts are talking about the possibility of a recession. But Tiffany Aliche, personal finance expert and founder of The Budgetnista says there are several simple steps you can take to protect your finances. […]
Elizabeth Warren plans to unleash ‘excessive lobbying tax’ if she becomes president
2020 Democratic presidential candidate Sen. Elizabeth Warren (D-MA) speaks during a rally in Washington Square Park on September 16, 2019 in New York City. Drew Angerer | Getty Images Sen. Elizabeth Warren on Wednesday unveiled a plan that takes aim yet again at the multibillion-dollar lobbying industry. This time, she’s […]
5 things to know before the stock market opens Wednesday
1. Dow set to sink for a second day at Wall Street open NEW YORK, NEW YORK – SEPTEMBER 03: People walk along Wall Street in the Financial District of Manhattan on September 03, 2019 in New York City.(Photo by Spencer Platt/Getty Images) Spencer Platt | Getty Images News | […]
Boris Johnson promises no checks ‘at or near’ Irish border as new Brexit offer is delivered
Britain’s Prime Minister Boris Johnson delivers his keynote speech to delegates on the final day of the annual Conservative Party conference at the Manchester Central convention complex, in Manchester, north-west England on October 2, 2019. OLI SCARFF | AFP | Getty Images U.K. Prime Minister Boris Johnson addressed his first […]
Buy this one industrials group as the others slump, Oppenheimer technician says
Industrials have been crushed this week. The XLI industrials ETF plummeted more than 2% on Tuesday, its worst one-day drop since August, after ISM manufacturing activity contracted to its lowest level in more than a decade. The group is down but not out, Oppenheimer head of technical analysis Ari Wald […]
Iran’s oil minister dismisses tensions over Aramco attack; says Saudi energy minister is a ‘friend’
Bijan Namdar Zanganeh, Iran’s petroleum minister, second left, speaks to reporters ahead of the 176th Organization Of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on Monday, July 1, 2019. Bloomberg | Bloomberg | Getty Images Geopolitical tensions between Iran and Saudi Arabia might be the biggest issue facing the […]
There are ‘black swans’ all around us, Russia’s Energy Minister Novak warns
Russia’s Energy Minister, Alexander Novak. Sergei Malgavko | TASS | Getty Images Oil markets are surrounded by “black swans” – unforeseen events – and “they can seriously impact the market situation,” Russia’s Energy Minister Alexander Novak said Wednesday. “The situation is quite difficult,” Novak said at a Russia Energy Week […]