CNBC’s Jim Cramer explains why Disney and Nvidia are two perfect stocks to put in a young child’s portfolio. The “Mad Money” host also hears from Starbucks CEO Kevin Johnson about why the coffee giant continues to hire veterans. Later on, Cramer talks about other companies that hire former service members and argues that TJX and Burlington Stores are retail winners. Feature China | Barcroft Media | Getty ImagesIf your child wants to start picking stocks, and are the two places to start, CNBC’s J

The S&P 500 rose 0.26% to 3,093.08. Stocks hovered around the flatline for most of Friday’s session as investors digested solid weekly gains and a move to fresh record highs. S&P 500 extends weekly win streak to 5The S&P 500 posted its fifth straight weekly gain while the Dow rose for a third consecutive week. The Nasdaq, meanwhile, notched its sixth straight weekly gain. Better-than-expected earnings from companies such as Disney and Qualcomm also contributed to the weekly gains.

Moody’s warned on Friday it might further cut its rating on Britain’s sovereign debt, saying Brexit had eroded the country’s ability to tackle the challenge of its high levels of borrowing. Moody’s said the “increasing inertia and, at times, paralysis that has characterized the Brexit-era policymaking process” showed how the UK’s institutional framework had diminished. Moody’s said the risk was that Britain’s 1.8 trillion pounds of public debt – more than 80% of annual economic output – would be

LinkedIn cited as biggest target of spiesLaw enforcement experts cited LinkedIn as the biggest target of spies. CNBC’s Eamon Javers reports on “Closing Bell.”

But while picking one health insurance plan for both of you may seem like a convenient solution, experts say this strategy doesn’t make sense for most couples. When it comes to shared vs. solo participation, about a third of American couples, 29%, are on separate health insurance plans, according to a survey of nearly 2,200 U.S. adults Morning Consult performed in conjunction with CNBC Make It. Breaking down the cost of insuranceSome couples may not have a choice when it comes to their health in

It could cost between $133,000 and $2.8 million to purchase a home in Sicily, Italy, according to Realtor.com. But now, in Cammarata, an ancient town located in central Sicily, homes are being offered for free. However, there is a catch. In order for new residents to land a free home, they must present a clear renovation proposal for the property and renovate it within three years. In Cammarata, each homeowner must pay a deposit of about 5,000 euro ($5,500), which will be returned once the renov

Democratic presidential candidate Elizabeth Warren revealed a “calculator for the billionaires” on Thursday that shows how much the wealthiest Americans would pay under her wealth tax plan. “Some billionaires seem confused about how much they would pay under my #TwoCentWealthTax,” Warren tweeted after billionaires Bill Gates and Leon Cooperman expressed concern about how much they’d pay under her plan. “Don’t worry, we’ve got a calculator for that, too.” The users of Warren’s calculator can inpu

Oprah recently bought Jeff Bridges’ former California ranch — take a lookOprah Winfrey recently purchased Jeff Bridges’ $6.85 million ranch. She now owns 70 acres of land and property in Montecito.

Oprah Winfrey has added yet another Montecito, California property to portfolio — a ranch previously owned by her neighbor, Oscar-winning actor Jeff Bridges, according to Variety. Bridges first listed the property in April for just under $8 million, and Winfrey ultimately bought it for $6.85 million. Winfrey already owns two properties in the area: She purchased the first, nicknamed the “Promised Land,” for $50 million in 2001, and the other, nicknamed “Seamair Farm,” for $29 million in 2015. Bu

A single snow crab sold for $46,000 (or 5 million yen) at an auction in Tottori, Japan, CNN reports. Last year, a snow crab sold for $18,000, which set the world record. Snow crab season only runs for four months in Japan, from November to early March, which makes it even more of a seasonal delicacy. Snow crab prices reached record levels in 2017, due to short supply and global demand, according to the Food and Agriculture Organization of the United Nations. Hamashita told CNN that he’s “sure th

Secretary of the Air Force Barbara Barrett speaks during the commencement of the U.S. Air Force Space Pitch Day, Nov. 5, 2019, San Francisco. SAN FRANCISCO — Outside a hotel ballroom in the heart of downtown San Francisco, the U.S. Air Force awarded $22.5 million in government contracts to small companies focused on space technologies. The two-day inaugural event, dubbed Space Pitch Day, is a break from the typical monthslong government contract process. Following their pitches, the Air Force ha

Hero Images | Getty ImagesThere’s a downside to this year’s stock market appreciation: Some investors are in line for a surprise tax bill. Mutual funds distribute capital gains to their investors close to the end of each year. Surprise gains distributions pose a planning conundrum for financial advisors. Likely culpritsSome mutual funds are more likely than others to have large capital gains distributions. See below for a list of 10 funds with hefty expected capital gains distributions for this

Chase Young of the Ohio State Buckeyes looks on against the Northwestern Wildcats at Ryan Field on October 18, 2019 in Evanston, Illinois. Ohio State’s star defensive end, a favorite for the NFL’s No. 1 draft pick next year, has been suspended from this week’s upcoming game for accepting a loan from a family friend last year — in violation of NCAA rules. Gavin Newsom opposing his “Fair Pay to Play Act,” a bill that would allow student athletes to profit off their likeness. The NCAA declined to c

McDonald’s first learned about former CEO Steve Easterbrook’s relationship with an employee roughly three weeks ago, The Wall Street Journal reported. The Chicago-based company announced on Sunday that its board ousted Easterbrook for having a consensual relationship with a female employee, a violation of the company’s nonfraternization policy. People familiar with the matter told the Journal that the company’s general counsel, Jerry Krulewitch, informed McDonald’s board about the matter after a

Facebook announced Friday it will remove from its platform any content that purports to name the U.S. official whose whistleblower complaint led to the impeachment inquiry against President Donald Trump. In a statement, a Facebook spokesperson said attempts to unmask the whistleblower violate its policies around coordinating harm, which prohibits content “outing of witness, informant or activist.” Facebook on Wednesday took down ads purporting to name the whistleblower after critics questioned t

Waymo, Alphabet’s self-driving car project, is shuttering its operations in Austin, Texas. The relocations will not affect other Waymo employees around the country. “As a result we’ve decided to relocate all Austin positions to Detroit and Phoenix. Austin is where the company says it conducted its first full-self driving route on public roads back in 2015. Most of the employees in Waymo’s Austin office provided rider support and fleet assistance.

WeWork to divest non-core businessesWeWork outlined a 90-day plan to turn around the struggling company. It plans on divesting non-core businesses. CNBC’s Deirdre Bosa reports.

What Wall Street expects from a Bloomberg presidential campaign6 Hours AgoMike Bloomberg, the billionaire former mayor of New York, is preparing to enter the Democratic presidential primary, according to NBC News, which cited a Bloomberg advisor. Here’s what five experts say Wall Street should expect from a Bloomberg presidential run.

How Apple CEO Tim Cook won over Trump amid a trade warThe U.S. and China trade war has big tech companies fearful of how tariffs will cut into their bottom lines, but Apple CEO Tim Cook has been able to thread the needle between a volatile American president and the world’s biggest consumer market. Cook has spent a lot of time charming the Trump administration, and it seems to be paying off. Here’s how Cook made that happen.

Here are the most important things to know about Monday before you hit the door. Investors will be looking for updates on the U.S.-China trade war on Monday. Trade optimism spurred by news that the world’s two largest economies agreed to roll back tariffs rallied all three stocks averages to record-highs this week. However, President Donald Trump said Friday he has not agreed to scrap tariffs on Chinese goods, dampening hopes about a resolution. News of trade progress over the weekend could send