Chief of staff John Kelly circulated a memo Friday on how the White House will be adjusting its security clearance process. Kelly said recent events made it clear that existing procedures needed reform. Going forward, the chief of staff’s office has to sign off on all new security clearance requests. […]
CNBC News
33 stocks that are leading market out of correction
More than 60 percent of the companies in the S&P 500 broke to new highs during January’s new year rally, and a diverse group are among the first to make a comeback after February’s correction. In the S&P 500, 23 stocks bounced back to their 52-week highs at some point […]
‘Black Panther’ is already smashing records with $25.2 million Thursday night box office haul
Marvel Studios’ “Black Panther” has already entered the record books after a single night in U.S. theaters. The first solo movie featuring Marvel’s African avenger took in an estimated $25.2 million on Thursday. That is nearly double the $12.7 million record for a February preview night set in 2016 by […]
WisdomTree shares pop on report of JP Morgan interest in buying an ETF firm
Shares of WisdomTree Investments jumped more than 6 percent Friday after reports that JP Morgan Chase is shopping for an exchange-traded fund firm. The U.S. bank’s asset-management unit is looking to up its presence in the growing $3 trillion-plus ETF market, Bloomberg reported, citing two people who asked not to […]
Millennial millionaire: The 8 steps I took to make $1 million
Since releasing my 2015 book “Millennial Millionaire,” I have enjoyed speaking alongside icons of the business world and sharing my advice on all things related to money. As fun as this journey has been, I realized there never was a chance to look in the rear-view mirror, a habit this […]
A Trump-state Democrat’s path to re-election is about to get tougher
Democratic Sen. Heidi Heitkamp‘s path to re-election in North Dakota will get tougher on Friday evening. The state’s lone congressman, Rep. Kevin Cramer, a favorite of Republican leaders, is set to announce his bid for Heitkamp’s seat in November’s midterm elections. Cramer initially declined to run, and his expected campaign […]
Walmart rolls out new apparel brands for women, kids and plus sizes
Walmart is rolling out a handful of new apparel brands at low prices and will phase out some of its older brands as a result, a source familiar with those plans confirmed to CNBC. The revamped clothing lines will include Time and Tru for women, Terra & Sky for plus […]
Three tiny stocks with same CEO suspended by SEC for questionable cryptocurrency announcements
The U.S. Securities and Exchange Commission said Friday it has temporarily suspended trading in three very tiny stocks due to questions about their cryptocurrency-related announcements. The companies announced in January that they each acquired several thousand trust units in a private equity fund called “NVC Fund” with investments related to […]
Indicted Russians used PayPal and cryptocurrency exchange accounts
Russians indicted in a federal grand jury for alleged interference in the 2016 presidential elections used false identification to maintain accounts at PayPal and online cryptocurrency exchanges, according to the indictment. Special counsel Robert Mueller released on Friday the indictment of 13 Russian nationals and three Russian entities for meddling […]
Wall Street veteran who predicted sell-off says bull market has ‘years left’
The stock market may hit some bumps ahead but the secular bull market isn’t ending anytime soon, the chief investment strategist at Raymond James told CNBC on Friday. U.S. stocks were on pace for a sixth straight day of gains on Friday after last week’s massive sell-off. “This market’s got […]