Semiconductor stocks are undervalued and will keep rallying this year, according to one Wall Street analyst. The iShares PHLX Semiconductor ETF has risen 43 percent in the past 12-months versus the S&P 500’s 22 percent gain in the same time period. On the chip sector “for the 6th consecutive quarter, […]
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Judge lifts home confinement on Manafort associate
A federal judge on Tuesday lifted home confinement imposed on Richard Gates, an associate of former Trump campaign manager Paul Manafort who faces charges related to the special counsel’s probe of alleged Russian interference in the 2016 U.S. election. Gates had been confined to his home while awaiting trial since […]
The top 10 private colleges with generous financial aid packages
When it comes to college, most families assume public schools are far more affordable. That’s only partly true. At public, four-year institutions, costs for the 2017-18 school year hit $20,770, according to the College Board. Tuition plus room and board at four-year private universities was much higher: $47,000, on average, […]
Airlines ground more than 800 flights as winter storm hits Texas
Airlines called off more than 800 Texas flights on Tuesday as a winter storm hit the eastern part of the state, where its largest airports are located. More than 600 flights in or out of Houston’s George Bush Intercontinental Airport, a United Airlines hub, were canceled Tuesday, according to flight-tracking […]
Disrupting the internal combustion engine — from within
As automakers and enthusiasts from across the globe meet in Detroit this week for the North American International Auto Show, battery electric vehicles (BEVs) will be in the spotlight. In an era of climate change concerns, BEVs have become a symbol of innovation, promising to disrupt the automotive industry. Yet […]
Why Saudi Aramco, the world’s largest oil company, is trying to make vehicle engines more efficient
Electric vehicle purchases are expected to surge in the coming years, but making conventional, gas-powered cars and trucks more efficient will be the most effective way of driving down emissions in the near term, Saudi Aramco’s chief technology officer said. Aramco, the world’s largest energy company, is investing in technologies […]
Here are the best (and worst) states to retire
As they say in real estate, “location, location, location.” The same could be true for retirement. With more and more retirees responsible for their own financial security, choosing the right destination once you’ve stopped working can make or break any lazy-day fantasies. To that end, WalletHub compared the retirement-friendliness of […]
Number of Americans without health insurance spiked by more than 3 million under Trump
The number of Americans without health insurance increased by about 3.2 million in the first year of Donald Trump‘s presidency, which featured a series of efforts to undercut the Obamacare law, a new survey finds. A total of 12.2 percent of all adults now lack health insurance, an increase of […]
Cramer warns that a trade war with China represents the top three risks to the market
A possible trade war between China and the U.S. represents the biggest risk to the stock market’s record rally, CNBC’s Jim Cramer said Tuesday. Cramer was commenting on a Wall Street Journal report published Tuesday that looked at the potential consequences of a U.S.-China trade war. The report also said […]
Qualcomm’s fear of a takeover will force management to boost the stock, says Nomura
Qualcomm is likely to make aggressive moves to keep shareholders happy in the next two quarters while the company faces a possible hostile takeover attempt from Broadcom, research firm Nomura said Tuesday. The firm upgraded Qualcomm to a buy rating and rose its target price to $75 from $58. “We […]