CNBC News

The U.S. economy created 261,000 jobs in October as the economy rebounded from hurricane-related disruptions. But as always, there are industries that are doing better and worse in terms of employment each month. Here are the net changes by industry for the month of October. The leisure and hospitality industry […]

U.S. employers hired significantly more people in October than last year but only slightly more than in September, according to the LinkedIn Workforce Report. Hiring across the U.S. was 24.1 percent higher last month than a year earlier, the data showed. The seasonally adjusted hiring figure was just 0.3 percent […]

Shares of Apple rallied after hours Thursday following an earnings beat for the tech giant, but that’s not stopping one strategist from hitting the sell button on the stock. Despite Apple’s 45 percent surge this year and high demand for the iPhone X, Larry McDonald, head of U.S. macro strategies […]

It’s been a frustrating year for investors in bank stocks as interest rates have remained stubbornly low. But according to one widely followed chart watcher, that may soon change. “There are too many bulls on bonds,” Ari Wald, head of technical analysis at Oppenheimer, said Wednesday on CNBC’s “Trading Nation.” […]

By one measure, investors are the most optimistic they’ve been in 30 years, and that could be a bullish sign of what’s to come for the markets. The Investors Intelligence bull/bear ratio, which measures the level of optimism in the markets, has reached its highest level since 1987 as the […]

The new tax bill unveiled by House Republicans Thursday is so simple that taxpayers will be able to file using a postcard, according to GOP lawmakers. “This is a complete redesign of the code, so we can simplify it so much that 9 out of 10 Americans can file using […]

America’s popular mortgage interest deduction is about to lose a lot of its punch. The House Republican tax plan halves the cap on the deduction of mortgage debt for newly purchased homes to $500,000. It does, however, maintain the current deduction of up to $1 million in mortgage debt for […]

U.S. crude prices retreated after coming within striking distance of their 2017 high on Wednesday, raising questions about whether a rally that started in June has reached its peak. On the one hand, the trend of future oil prices suggests that a prolonged global glut of crude is coming to […]

Shares of Activision Blizzard have soared 81 percent this year, and Oppenheimer technician Ari Wald says the stock’s about to fly even higher. “Activision is a high momentum stock and it does warrant a buy rating in our work,” he said Wednesday on CNBC’s “Power Lunch.” “The thing with these […]

The House Republican tax reform bill that’s being unveiled on Thursday morning could boost long-term economic growth above the Trump administration’s goal, said retiring Rep. Jeb Hensarling. President Donald Trump, while talking about growth as high as 4 percent on the campaign trail, has been focusing lately on sustained gross […]