When a company like Amazon raises the prices for its service and nobody cares, CNBC’s Jim Cramer sees a clear next move. “When you see something like that, it’s about as clear a buy signal as you are ever, ever, ever going to get,” the “Mad Money” host said on […]
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Elon Musk invited 10 people who bought Boring Company hats to tour the LA tunnel
The prospect of visiting a construction site may not sound that exciting — unless the invite comes from billionaire serial entrepreneur Elon Musk and the site is The Boring Company’s Los Angeles tunnel. In December, the CEO of SpaceX and Tesla tweeted that anyone who bought one of the 50,000 […]
Cramer’s game plan: Watch individual stocks amid the earnings deluge
Even with a government shutdown looming, CNBC’s Jim Cramer expected good things for the next leg of earnings season. “Earnings season is upon us and it is always a guessing game, but this time around the rules have changed,” the “Mad Money” host said. “Rather than worrying about whether companies […]
#MeToo founder Tarana Burke has big plans for the movement in 2018
After hearing numerous stories about trauma from sexual assault and violence, Tarana Burke knew she had to do something to help the many survivors, like herself, heal. And so in 2006, Burke co-founded an organization called Just Be Inc., where she focused on improving the health and well-being of young […]
Macau police hunt for HK$48 million in gambling chips after Wynn casino robbery
Macau authorities are tracking down almost HK$48 million worth of cash chips stolen from Wynn casino earlier this week, following the arrest of a debt-ridden croupier and his elderly relative in connection with the crime. Four Wynn Macau chips were among banknotes and other items seized from the two suspects […]
Facebook’s News Feed will now have users decide ‘high quality’ news through surveys
To solve its “fake news” problem, Facebook is asking its users to complete surveys on what they determine is “high quality” news content. CEO Mark Zuckerberg said on a post on his Facebook page Friday that the company will ask users if they are familiar with a specific news source […]
Jay Leno once bought a McDonald’s Happy Meal with coupons
Jay Leno has millions in the bank, but he doesn’t always spend like a millionaire. Besides his auto collection, which consists of vehicles like the legendary McLaren F1, the comedian is pretty frugal. He hates spending on clothes and still hasn’t touched a dime of his “Tonight Show” money. “I’m […]
Why nearly 30% of Americans aren’t saving more money
Several past GOBankingRates surveys have found that the majority of Americans have very little set aside in a savings account or retirement account. For example, a 2017 survey of more than 8,000 adults found that 57 percent have less than $1,000 in a savings account. Included in that percentage is […]
Politics of shutdown drama bad for everyone, says former Bush aide
Americans are frustrated with both Republicans and Democrats, and the drama over a potential government shutdown certainly isn’t helping, a former senior aide to President George W. Bush told CNBC on Friday. Congress must come to an agreement by midnight Friday to avoid a shutdown. “It’s a reason why you […]
Kraft Heinz is a ‘best-in-class’ stock because of its acquisition strategy: Jefferies
Kraft Heinz will thrive as it uses its merger and acquisition expertise to boost earnings, according to one Wall Street firm. Jefferies initiated coverage on the food company’s shares with a buy rating, citing Kraft Heinz’s track record of cost cutting after its acquisitions. “We view Kraft Heinz as a […]