This may be the market’s final run at record highs for 2019, and one top investor believes there’s nothing Federal Reserve chief Jerome Powell can do about it. The Bleakley Advisory Group’s Peter Boockvar warns the rally is running out of fuel. “After those are sort of out of the way, then everyone has to ask, ‘What’s the next catalyst?'” … That’s sort of a new thing thrown at the market.” “All news has been good news for stocks over the past month,” Boockvar said.

Boeing CEO Dennis Muilenburg is back on Capitol Hill on Wednesday for a second congressional hearing at 10 a.m. ET about two deadly crashes of the 737 Max. At one tense moment in the hearing, Sen. Richard Blumenthal, D-Conn., equated the 737 Max to “flying coffins.” A key issue is how Boeing marketed the 737 Max to customers around the world, promising minimal training for pilots to transition from older models of the 737, which Boeing first introduced in 1967. Before the 737 Max debuted, airlin

Former Trump campaign adviser George Papadopoulos arrives at a closed-door hearing before the House Judiciary and Oversight Committee October 25, 2018 at the Rayburn House Office Building on Capitol Hill in Washington, DC. George Papadopoulos, a former campaign advisor for President Donald Trump, said he is running for the California House seat soon-to-be vacated by Rep. Katie Hill. Papadopoulos became a key figure in the Mueller probe after the FBI learned of a meeting he had with a Russian int

Most major Wall Street economists expect the Federal Reserve to cut its key interest rate by a quarter point at the conclusion of its two-day meeting on Wednesday, but they differ on what the central bank will signal about its future policy. If the Fed does cut, it will be the third time this year following rate cuts in September and July. Economists, strategists, and Fed watchers alike will also be parsing the Fed’s statement and Chairman Jerome Powell’s subsequent press conference for comments

Nearly six in 10 Americans have what’s considered a “good” credit score or better, according to credit bureau Experian. That’s good news, since your credit score is essential when you’re considering taking out a mortgage, opening a credit card, renting an apartment and even some job opportunities. Automate your bill payThe number-one thing you can do to raise your credit score is to improve and maintain your payment history. Piggyback on good credit habitsAnother easy win when improving your cre

In a big step for online wealth managers everywhere, Betterment is finally launching its long-awaited checking account this week. Those who signed up for the waitlist in July will start to be invited to open an Everyday Checking account on Wednesday, October 30. Source: BettermentHow Betterment Everyday Checking worksTo offer a checking option, Betterment is working with Kansas-based nbkc bank, which will issue the checking account and the corresponding Betterment Visa Debit Card. The no interes

And Ocasio-Cortez worked with a career coach before running for office, New York Magazine reports. A representative for Ocasio-Cortez confirmed to CNBC Make It that she worked with Megan Hellerer, a 35-year-old career coach and former Google employee. Hellerer told New York Magazine that she first connected with Ocasio-Cortez at one of Hellerer’s workshops in 2016. Hellerer said she helped Ocasio-Cortez figure out what her direction was in life around the time she was deciding to run for Congres

Most major Wall Street economists expect the Federal Reserve to cut its key interest rate by a quarter point at the conclusion of its two-day meeting on Wednesday, but they differ on what the central bank will signal about its future policy. If the Fed does cut, it will be the third time this year following rate cuts in September and July. Economists, strategists, and Fed watchers alike will also be parsing the Fed’s statement and Chairman Jerome Powell’s subsequent press conference for comments

General Electric continues to burn cash at its aviation business, as the grounding of Boeing’s top-selling 737 Max caused GE to delay production of engines for the aircraft. GE makes the LEAP engines used for the 737 Max, which has been grounded worldwide following two deadly crashes in the past year. “We still expect this year to be impacted to the tune of about negative $1.4 billion,” Miller said of delays in aircraft engine production during the company’s third-quarter earnings call. That’s i

On the eve of the Federal Reserve’s announcement, some on Wall Street started to get flashbacks to Chairman Jerome Powell’s past communication miscues. “We would not be surprised if the market sells off after the FOMC partly because we think Chairman Powell may be overdue for a press conference gaffe,” Christopher Harvey, head of equity strategy at Wells Fargo Securities, said in a note to clients on Wednesday. Powell is set to take the podium at the press conference at 2:30 p.m. “The last few t

Brian Kelly was a buyer of Comstock Resources. DisclosureTrader disclosure: Pete is long calls ALLY, ANF, BABA, BBBY, BP, CCJ, CZR, ETFC, FB, FCX, FIT, GDX, MPC, MRTX, MU, NFLX, PBR, SIG, TPH, TPR, UNG, VALE, VST, XOP. Dan is Long TLT Dec call spread. NKE Nov / Dec Call calendar. DIS Nov / Dec Call Calendar.

The U.S. may begin issuing 50-year ultra-long government bonds for the first time, Treasury Department said on Wednesday. Treasury is “exploring” potential additions to the current suite of Treasury securities, including a 20-year nominal coupon bond, a 50-year nominal coupon bond and a one-year floating-rate note linked to the Secured Overnight Financing Rate, according to the Treasury’s quarterly refunding statement released Wednesday. “Treasury is taking a proactive approach to prepare for pr

HBO Max will cost $14.99 per month, which is about the same price as a standard HBO subscription today. Stankey also said consumers will be interested in HBO Max despite its high price when compared to Disney and Netflix. HBO Max will launch with about 10,000 hours of content, including original content and classic shows. The company said Tuesday it will spend $4 billion over the next three years building HBO Max. They will debut on HBO Max a day after they’re available on Comedy Central.

AT&T Chief Operating Officer John Stankey said WarnerMedia is working with pay-TV distributors to give current HBO subscribers access to HBO Max. If HBO Max renders HBO obsolete, the quality brand of HBO could diminish over time. While HBO will live on as a brand within the HBO Max application, it’s possible consumers, over time, will view HBO Max as synonymous with HBO. HBO Max will actually become profitable in 2025 when 50 million Americans are subscribing to HBO Max, according to AT&T. It’s

Watch the full interview with Senator Manchin and Senator RomneySenator Mitt Romney (R-Utah) and Senator Joe Manchin (D-W.Va.) join “The Exchange” to unveil the Trust Act and discuss the Trump impeachment inquiry.

Watch five experts break down third-quarter GDP dataMohamed El-Erian, chief economic advisor at Allianz, Mark Zandi, chief economist at Moody’s Analytics, Binky Chadha, chief global strategist at Deutsche Bank, and CNBC’s Steve Liesman join “Squawk Box” to breakdown the latest read on Q3 GDP.

Companies hired 125,000 employees in October, according to ADP and Moody’s Analytics, 25,000 more than expected by economists polled by Dow Jones. Large businesses added 44,000 jobs while small businesses saw jobs expansion of 17,000. September payrolls were also revised down 93,000, a decrease of 42,000 from the ADP/Moody’s Analytics survey on Oct. 2. “Job growth has throttled way back over the past year,” said Mark Zandi, chief economist at Moody’s Analytics. ADP and Moody’s Analytics’ report

Molson Coors – The beer brewer fell a penny a share short of estimates, with quarterly profit of $1.48 per share. Amgen – Amgen reported quarterly profit of $3.66 per share, 13 cents a share above estimates. Electronic Arts – Electronic Arts reported quarterly profit of 96 cents per share, 10 cents a share above estimates. Mondelez International – Mondelez reported quarterly profit of 64 cents per share, 4 cents a share above estimates. Yum China – Yum China beat analyst estimates by 3 cents A s

Yngve Slyngstad, chief executive officer of Norges Bank Investment Management, poses for a photograph following an interview in London, U.K., on Monday, April 23, 2018. Yngve Slyngstad will step down as head of Norway’s sovereign wealth fund after almost 12 years in the job, he said on Wednesday, although he will continue to work for the fund in a new position based in London. Norwegian central bank Governor Oeystein Olsen told a news conference the search for Slyngstad’s successor had begun, ad

Global end-user spending on wearables will hit $52 billion in 2020, according to a new forecast from research firm Gartner, an increase of 27% compared to this year. Gartner said that end-users would spend the most money on smartwatches and smart clothing, with spending on these items increasing by 34% and 52%, respectively. For this year, global end-user spending on wearables is set to amount to $41 billion. The wearables market is an increasingly crowded and competitive place, with major compa