Life is a series of negotiations, be it buying a car, asking for a raise, or entering a collaborative business partnership. Five members of The Oracles share the persuasion strategies that helped them handle higher stakes and close monster deals. I’ve negotiated my whole life. When I was 22, I […]
CNBC News
Goldman Sachs: Don’t sell yet, but time is running out on ‘Goldilocks’
Goldman Sachs remains pro-risk in equities, but the investment bank’s top strategists say “time is running out for Goldilocks.” An economy growing at just the right speed to support stock prices, but not trigger inflation will soon end as consumer prices and rates start creeping higher next year, according to […]
Despite healthy performance, be careful with small caps in 2018: Jefferies
Investors need to be careful on small-cap names heading into 2018 despite better-than-expected performance this year, according to Jefferies. Though strategist Steven DeSanctis admits he was “way too conservative” with his 1410 Russell 2000 target, he isn’t necessarily changing his wary views. “We see another year of low returns for […]
Disney and Fox are closing in on deal, could be announced next week: Sources
Walt Disney Co. and 21st Century Fox are closing in on a deal and it could come as soon as next week, according to sources familiar with the matter. CNBC has been reporting that Disney has held talks with the Rupert Murdoch-controlled media company to acquire its studio and television […]
Now New Yorkers can get a new Mercedes-Benz for 47 cents (a minute)
In a push to capitalize on its fastest growing North American market, Daimler-owned car-sharing service car2go just added Mercedes-Benz CLAs to its New York City fleet. Twenty new CLAs are joining car2go’s tiny 550 smart fourtwo vehicles in the Big Apple, its second-largest market. Car2go grew by 70 percent year […]
Tax bill is reshaping this bull market for the better — and not just for tech
Move over “FANG.” The next leg up for the bull market could be driven by a whole new group of market leaders, fueled by tax law changes. Technology stocks took a hit Monday and have come under pressure lately, as investors game the anticipated reshaping of the tax law once […]
Tax bill is reshaping this bull market for the better — it’s not just tech
Move over “FANG.” The next leg up for the bull market could be driven by a whole new group of market leaders, fueled by tax law changes. Technology stocks took a hit Monday and have come under pressure lately, as investors game the anticipated reshaping of the tax law once […]
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 […]
SEC steps up scrutiny of digital coin sales with order to freeze ‘PlexCoin’ founders’ assets
The U.S. 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 […]
Home Depot and these other Dow stocks are the best bets for December, history shows
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 […]