Pinterest is launching a new feature ahead of the holiday season that will let users shop from a curated list of small businesses, the company announced Monday. The Pinterest Shop, as the new feature is called, will feature hundreds of “Product Pins.” Users can shop from 17 small businesses in time for Small Business Saturday following Thanksgiving. Facebook-owned Instagram also lets users shop from the platform, allowing them to tap on items to reveal details and a purchase link. Pinterest says

If you’re daydreaming about how you’d celebrate winning the Mega Millions jackpot, remember that Uncle Sam has a way of crashing the party. After about two months of twice-weekly drawings with no one matching all six numbers, the top prize has climbed to $226 million for Tuesday night’s drawing. MARK RALSTON | AFP | Getty Images”There is still a sizable tax bill coming, for sure,” said April Walker, lead manager for tax practices & ethics at the American Institute of CPAs. For Tuesday night’s Me

Gabriella Angotti-Jones | Bloomberg | Getty ImagesCharles Schwab’s proposed acquisition of TD Ameritrade is stirring up worry among financial advisors. Together, the firms will serve 24 million brokerage accounts, accounting for more than $5 trillion in client assets. They also provide firms with the technology to simplify their workflow and allow advisors to focus on financial planning. Schwab, Fidelity, TD and Pershing collectively hold 80% of the RIA firms’ $4 trillion in advisory assets, acc

“I can really appreciate this recent short-term positive momentum, especially after we got past the lockup expiration earlier this month,” O’Hara said. Still, O’Hara said one level would determine Uber’s ability to turn around. Uber shares were just above the $29 level in early Monday trading. Steve Chiavarone, equity strategist, vice president and portfolio manager at Federated, wasn’t as confident that Uber could find an upward catalyst. Earlier this year, Uber CEO Dara Khosrowshahi told CNBC

Jensen Huang, CEO of Nvidia, shows the NVIDIA Volta GPU computing platform at his keynote address at CES in Las Vegas, January 7, 2018. Here are the biggest calls on Wall Street on Monday:Wells Fargo said in its downgrade of the stock that Wall Street is overestimating the video streaming service’s free cash flow, and also pointed to increasing competition. “We’ve dug deep into our NFLX cash estimates and have conviction in our 2019-25E cumulative FCF forecast that’s $18bn below the street. If w

Goldman Sachs’ analysis shows that since 1928, the median S&P 500 12-month return under a divided government is 11% versus 8% under a unified government. The durable profit cycle and continued economic expansion will lift the S&P 500 index by 5% to 3250 in early 2020,” Kostin wrote. In a note subtitled, “United we fall, divided we rise,” Goldman Chief U.S. Equity Strategist David Kostin outlined his market predictions for 2020, including the implications of the upcoming presidential election. Th

Hundreds of airline catering workers are protesting this week at some of the largest U.S. airports to demand higher wages and better benefits during what’s expected to be a record Thanksgiving travel period. Others plan to picket and hand out pamphlets about their demands, according to the union, which represents more than 20,000 airline catering workers. The workers are employed by LSG Sky Chefs and Gate Gourmet, which big airlines subcontract to provide on-board food and beverages. for LSG Sky

Louis Vuitton’s parent company LVMH is preparing to buy Tiffany & Co. for $16.2 billion, marking the biggest deal ever in the luxury sector. “They kind of have been running the risk of being your mom’s or grandmother’s jewelry brand.” Tiffany has come under pressure as French luxury brand Cartier has been investing more in targeting a younger generation of shoppers. Cartier parent company Richemont’s jewelry business, which is headquartered in Switzerland, has an operating margin of about two ti

EBay announced plans Monday to sell StubHub to Swiss ticket vendor Viagogo for $4.05 billion in cash. The companies are likely to operate independently for some time while executives examine the best way to integrate the businesses, representatives for eBay and Viagogo told CNBC. “The combined company will allow StubHub and Viagogo to realize efficiencies to reinvest in innovation,” the eBay spokesperson said. EBay’s proceeds from the deal will be put toward stock buybacks, dividends and M&A inv

With the year coming to a close Wall Street’s equity strategists are releasing their predictions for the coming year. “Forecasting the next two months, let alone a year, is hard, and uncertainty bands grow through the year,” Wilson wrote in a note to clients Monday. Additionally, given stocks’ recent run higher overall market sentiment as well as technical levels are beginning to look a little stretched. Soon, a subdued earnings outlook and deteriorating fundamentals will begin to take their tol

Transport for London said Monday that it will not renew Uber’s license, but that won’t change anything for riders just yet. Uber has already said it will appeal the decision, which will grant the company the opportunity to publicly argue its case in front of a judge. Uber will remain free to operate throughout the appeals process, according to Transport for London. TfL also claimed that dismissed or suspended Uber drivers were able to create an account and carry passengers. But this TfL decision

The biggest mistake young people make when saving for retirement isn’t choosing the wrong account or contributing less than the idealized 10 to 15%. I’ll invest when I make more money,” or “I can’t save for retirement right now, I’ve got student loans,” Torabi tells CNBC Make It. That’s because when you’re young, investing isn’t just about the amount you’re able to save. Other experts agree that it’s a mistake for young people to hold off on preparing for retirement. As Orman points out, the key

A no-deal Brexit in January 2020 is still possible: DBSPhilip Wee of DBS Bank says he is skeptical that the U.K. will be able to form a majority government following the elections in December, and he foresees the pound moving toward 1.20 against the U.S. dollar. If there is a hung parliament, the risk of a no-deal Brexit still remains, he says.

UK stock valuations are looking ‘a lot more appealing’: StrategistIf the Conservatives win a majority and Brexit is resolved, Roger Jones of London and Capital says the pound could go up to $1.35 against the dollar. Domestic stocks in the United Kingdom could benefit as well, he says.

Luxury goods are the new consumer “staples” for Chinese consumers, according to Raphael Pitoun, portfolio manager at CQS New City Equity. In particular, he highlighted the growing opportunities in China for dominant companies in the luxury market. “On the luxury goods side, when consumption slowed down a bit in China, there was kind of a catch-up effect after that which is very strong. It looks like luxury goods are a bit like the staples of China,” he said. “There is a very strong appetite for

Julian Assange gestures to the media from a police vehicle on his arrival at Westminster Magistrates court on April 11, 2019 in London, England. More than 60 doctors have written to British authorities asserting that WikiLeaks founder Julian Assange urgently needs medical treatment at a university hospital. The doctors said in a letter published Monday that Assange suffers from psychological problems including depression as well as dental issues and a serious shoulder ailment. Assange is in Belm

Uber is awaiting a crucial decision from London’s transport regulator on whether to grant the ride-hailing giant another license to operate in the U.K. capital. The company’s permit expires Monday at 11:59 p.m. London time, and according to Transport for London (TfL) a decision is yet to be reached. “TfL is considering Uber’s application and no decision has been made,” a spokesperson for the watchdog told CNBC by email on Monday. Earlier this month, the company told a group of reporters in Londo

Markets expected to open higher53 Mins AgoU.S. stock index futures were slightly higher Monday morning, as investors continue to closely monitor a long-running dispute between the world’s two largest economies. CNBC’s Rahel Solomon reports.

ET, the yield on the benchmark 10-year Treasury note , which moves inversely to price, was higher at around 1.7843%, while the yield on the 30-year Treasury bond was also higher at around 2.2307%. U.S. government debt prices were lower Monday morning, as investors awaited a speech from Federal Reserve Chairman Jerome Powell. Investors are monitoring developments on the U.S.-China trade front as well as in Hong Kong. Meanwhile, in Hong Kong, pro-democracy candidates saw a landslide victory in loc

Aside from security risks, European governments should consider the wider consequences of handing out contracts to 5G suppliers, according to an EU document seen by CNBC and one which could have repercussions for the Chinese firm, Huawei, that is under scrutiny as a potential 5G supplier. 5G is the next generation of mobile internet technology, designed to deliver super-fast data speeds. However, the debate over the providers of 5G technology has become politicized, with officials in the U.S. an