The financial sector hits highs not seen since 2007Brian Kelly’s chart of the week. With CNBC’s Brian Sullivan and the Fast Money traders, Tim Seymour, Steve Grasso and Dan Nathan.

There may now be a higher chance of a soft Brexit: ProfessorAntonio Fatas of INSEAD says the U.K. Conservative Party now “finally” has the mandate to deliver Brexit, and there “must be” some relief in the European Union that the U.K. has made up its mind.

UK’s Johnson will be able to go for a softer Brexit: StrategistSteve Brice of Standard Chartered Private Bank says Prime Minister Boris Johnson is likely to try to reach a “reasonable deal” that makes sense for both Europe and the U.K. He also says the British pound could move up to 1.42 against the dollar sometime in 2020.

Prime Minister Boris Johnson leaves Downing Street for Buckingham Palace where he will seek permission to form the next government during an audience with Queen Elizabeth II at Downing Street on December 13, 2019 in London, England. Conservative Party leader Boris Johnson promised unity on Friday, shortly after securing a five-year term in office with a stronger-than-expected parliamentary majority. Speaking outside Downing Street, the newly-elected prime minister said the country would build a

The US dollar will find it hard to maintain its strength: UOBAs risk appetite recovers and as the Chinese yuan and British pound recover, it will be “tougher” for the U.S. dollar to remain strong, says Heng Koon How of United Overseas Bank.

‘At least we now know’: CFO on UK election outcomeMahendra Negi of Trend Micro discusses the U.K. election outcome. He says, with more certainty on Brexit, companies can be more confident in making business plans.

British Prime Minister and leader of the Conservative Party Boris Johnson speaks to supporters and press as the Conservatives celebrate election victory on December 13, 2019 in London, England. Christopher Furlong/Getty ImagesAs the world wakes up to the news of a landslide victory for the ruling Conservative Party in the U.K.’s general election, CNBC takes a look at frontpage reaction from newspapers across the globe. ‘Carrie on Boris – Tory landslide … and Corbyn’s on his bike’ – The SunBritis

He told CNBC: “We are ready, we have decided what are our priorities,” adding that it will be “important to keep this close cooperation with the United Kingdom.” A new trade agreementJohnson has said that it is his aim to reach a trade deal with the EU within this transition period. However, European leaders told CNBC that it will be possible to reach a deal. “In 11 months you can do a lot of things, if you have the political will,” Pedro Sanchez, the Spanish prime minister told CNBC Thursday. L

Prime Minister Johnson remains in power as Conservative Party wins majority in general electionThe U.K. vote was the first to be held in the winter months since 1974 and the first December election since 1923. At victory celebrations in central London, Boris Johnson told an audience that the country will now leave the EU on January 31, 2020. The result of the election is expected to have a decisive effect on the direction that Brexit takes, three-and-a-half years since the U.K.’s referendum on E

The new £10 note is seen alongside euro notes and US dollar bills on October 13, 2017 in Bath, England. The foreign exchange market was on hold Monday morning, with the U.S. dollar slightly lower in anticipation of further details on the U.S.-China trade agreement. U.S. President Donald Trump’s top trade negotiator, Robert Lighthizer, praised a “phase one” U.S.-China trade deal which is expected to nearly double U.S. exports to China over the next two years, while China remained cautious ahead o

Brent futures climbed 43 cents, or 0.7%, to $64.63 a barrel by 0426 GMT, its highest since Sept. 23. West Texas Intermediate (WTI) crude was up 31 cents, or 0.5%, to $59.49 a barrel, the highest since Sept. 16. “If we see even further progress with the U.S.-China trade war, we could see global GDP rise by half a percentage point in 2020 and that would do wonders for crude demand forecasts,” said Moya. While a trade deal that would end uncertainty could provide a shot in the arm for oil demand in

Gold prices were steady on Friday as a weaker dollar helped offset pressures from an increased appetite for riskier assets following reports of a breakthrough in China-U.S. trade negotiations, while palladium scaled a fresh peak. Spot gold fell 0.1% to $1,467.20 per ounce by 0452 GMT, but was up about 0.5% so far this week. However, the dollar was hovering close to its lowest since early-July hit in the previous session, which made gold cheaper for investors holding other currencies. In the prev

Why SpaceX and Amazon plan to drastically increase the number of satellites orbiting EarthSince the start of the space age, more than 8,800 objects have been launched into orbit, according to estimates from the United Nations Office for Outer Space Affairs. But in a few years, that number could increase significantly. Private companies plan to launch thousands of satellites to beam internet to customers on Earth. SpaceX alone has announced plans to launch 42,000 satellites. If this happens, Spac

There’s one form of discrimination that the 1990 Americans with Disabilities Act didn’t fix: economic. Until recently, people who were eligible for federal assistance programs such as Medicaid and SSI still faced an uneven playing ground. In order to stay under the cap, people routinely spent money monthly on non-essentials, such as extra clothes or DVDs. People with a disability are more than three times likely to have extreme difficulty paying their bills, Kennedy says. The problem of poverty

Empty gift cards, bogus charitable solicitations, cyberattacks and thieves who steal packages from your porch aren’t necessarily unique to this time of year. Florida, Fort Myers, Publix, supermarket Gift Card Display. Jeff Greenberg | Universal Images Group | Getty ImagesThe best thing to do is to buy gift cards that are behind the counter, since they are more protected, she advised. Another option is to buy the gift card directly from the retailer’s website. However, don’t buy gift cards throug

These costs of living can contribute to the financial struggles college students face. One study found that 36% of college students are considered food and housing insecure, meaning they do not get enough to eat or struggle to find stable housing. But a great college town has the potential to offer students a safe and affordable place to study and live. In a recent report, WalletHub examined 415 cities of varying sizes across the country to rank the best college towns in America. WalletHub consi

The rise in online food delivery has changed that. A 2011 Cornell survey of 372 U.S. restaurant operators found that less than 10% of takeout or delivery orders were done online. Since then, third-party delivery apps like DoorDash and Uber Eats have transformed the delivery market. Consumers looking for convenient meals ordered $10.2 billion from delivery aggregators in 2018, which would make the third-party delivery market the size of the fifth-largest U.S. restaurant chain, according to Techno

That means increasing domestic demand, and that means getting domestic financial systems right,” Yetsenga told CNBC on Thursday. The Chinese flag floats before the skyscrapers of multinational corporations on February 23, 2018 in Shanghai, China. “I think we all need to accept that China is slowing structurally — we use the word ‘structural’ and really, we mean ‘permanently,'” he said. “My expectation is, we say goodbye to (6% growth), it’s very unlikely we ever get back to (6% growth). I think

And fewer than 1 in 3 workers has tried to figure out how much money is needed for medical expenses. If 2020 is the year you plan to step away from the workforce for good, these are the steps you should take now:1. Revisit riskWith that in mind, make sure your asset allocation makes sense for your retirement income plan. Sotir advises near-retirees to aggressively pay down high-interest debt before it eats away at your retirement income. “Paying down debt with low-yield investments is often a go

We’ve hit a turning point: Oscar-worthy movies are coming to your living room nearly as quickly as they arrive in theaters. A year after showcasing Best Picture-nominated “Roma,” Netflix has made “The Irishman” and “Marriage Story” available to subscribers in November and December — around the same time they hit movie theaters — in preparation for awards season. “The Irishman” is the latest gangster movie from director Martin Scorsese, featuring veteran actors Joe Pesce, Robert DeNiro and Al Pac