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  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 3 months ago

    A fierce behind-the-scenes dispute between House Speaker Nancy Pelosi’s office and Facebook erupted into public view Friday, as the speaker’s office demanded that Facebook remove a video posted online by President Donald Trump. The video, labeled “Powerful American stories ripped to shreds by Nancy Pelosi,” was posted on both Facebook and Twitter. Trump tweeted the video from his Twitter account just before 6 p.m. Thursday to his more than 72 million followers. Both Facebook and Twitter decided
    Facebook and Twitter decline Pelosi request to delete Trump video

  • Watch CNBC’s full interview with Labor Secretary Eugene ScaliaLabor Secretary Eugene Scalia joins CNBC’s Kelly Evans to discuss the January job numbers that beat expectations.
    Watch CNBC's full interview with Labor Secretary Eugene Scalia

  • How the coronavirus outbreak is a risk to China’s leadershipCNBC contributor Michele Caruso-Cabrera breaks down the potential coronavirus threats to the world economy.
    How the coronavirus outbreak is a risk to China's leadership

  • Monthly retirement for a $50,000 salary factoring in Social Security and savingsAs a rule of thumb, experts recommend saving 10% to 15% of your income for retirement. And If you have a traditional job, you already pay 6.2% of your salary in Social Security taxes. Watch this video to learn how much money you could have in monthly retirement if you make $50,000 and factor in savings and Social Security benefits.
    Monthly retirement for a $50,000 salary factoring in Social Security and savings

  • The former head of asset management firm Pimco was sentenced on Friday to nine months in prison for his part in a scheme in which privileged parents paid bribes to get their children into U.S. colleges, federal prosecutors said. Unlike 14 other defendants who received prison terms ranging from one day to six months, prosecutors said Hodge and three others who entered guilty pleas in October deserve stiffer sentences. In all, 53 people have been charged in the college admissions scandal, includin
    Former Pimco CEO sentenced to nine months in prison for US college admissions scam

  • WASHINGTON — Vice President Mike Pence acknowledged Friday that the United Kingdom’s recent decision to grant Chinese telecommunications giant Huawei access to its 5G mobile networks could jeopardize trade talks between the United States and the U.K. Asked whether the Huawei decision was a deal breaker, Pence told CNBC’s Wilfred Frost: “We’ll see.” “The United States is disappointed by the U.K.’s decision,” a senior Trump administration official wrote in a Jan. 28 emailed statement to CNBC. So,
    Vice President Pence: 'We'll see' if UK decision on Huawei is a deal breaker for a trade pact

  • “The new data show that the trend in job growth stepped down in 2016 and has been little changed, net, since then.” Benchmark revisions to the March 2019 payrolls number showed the economy created 514,000 fewer jobs than initially reported over the previous 12-month period. That high-powered job growth following the 2017 tax cut lost a little of its sizzle Friday after the government released revised figures over the past year. For all of 2019, job gains were 175,000 a month, according to monthl
    Post-tax cut job gains weren't quite as great as initially thought

  • The e-commerce giant eBay more closely resembles the New York Stock Exchange than it does Amazon, at least in the eyes of Intercontinental Exchange CEO Jeffrey Sprecher. He suggested instead that eBay “be viewed as a 25-year-old cash market for collectible goods, which looks a lot more like the New York Stock Exchange than Amazon.” The comments came as Sprecher sought to clarify ICE’s discussions with eBay. ICE operates exchanges for commodity and financial markets, including the New York Stock
    eBay is more like the NYSE than Amazon, says Intercontinental Exchange CEO Jeffrey Sprecher

  • “Deficits and debt are right in line, but it is first about getting this economy moving again and we really do believe the trajectory of this economy,” Pence said. “The president came into office and he said, ‘First and foremost, we have to restore growth,'” Pence said. Pence, who spoke to CNBC’s Wilfred Frost at the White House on the heels of President Donald Trump’s victory lap over his acquittal in the Senate’s impeachment trial , maintained that focusing on growth will solve long-term fisca
    Vice President Pence defends deficit expansion under Trump as necessary for economic growth

  • Vice President Mike Pence said Beijing has demonstrated “an unprecedented level of transparency” with world health officials in dealing with the new, fast-spreading coronavirus. China’s National Health Commission has raised its confirmed coronavirus cases in the country to 31,161. While health officials believe the number of actual coronavirus cases to be much larger, some have praised China, Pence among them, for its quick reporting and its willingness to share information about the outbreak. ”
    VP Mike Pence praises China's 'unprecedented level of transparency' on the coronavirus outbreak

  • Even with the 4.7% decline in Chinese travel to the states in the first nine months of 2019 due to trade tensions, the Chinese still remain the third largest source of travel for the country. That’s a loss for big metropolitan cities like New York City, San Francisco, and Los Angeles that have long benefited from the rise in Chinese tourism over the past decade. Coronavirus and the travel restrictions to and from China have drastically changed those expectations, and the implications for global
    Coronavirus expected to hit Chinese travel, global economy

  • This is a file photo showing Royal Caribbean Cruises Ltd.’s Quantum-class cruise ship, the Anthem of the Sea, as it sits moored at the Cape Liberty Cruise Port in Bayonne, Oct. 6, 2015. The ship, Royal Caribbean ‘s Anthem of the Seas, is docked in Bayonne, New Jersey, about 15 miles from New York City. More than two dozen passengers on a cruise ship docked near New York City have been tested for the new coronavirus, state officials said Friday, and four have been hospitalized. Royal Caribbean sa
    Dozens tested for new coronavirus on cruise ship docked near New York City

  • Of the top 50 markets, 14 showed very little difference between the monthly costs of renting and owning a home. It looked at median rent prices, median home sale prices, and taxes and insurance. California claimed the top four spots, with San Jose, Los Angeles, San Francisco and San Diego favoring renting costs over owning. The national homeownership rate in the third quarter of last year was 64.8%, according to the U.S. Census. If more inventory does come on the market, rental vacancies will ri
    Here's where owning a home is cheaper than renting one

  • “As you know, epi curves can zigzag,” referring to a diagram that shows the distribution of cases over time. Tedros said the slowing rate of new cases is “good news” but cautioned the public not to read too much into the new data. The number of new coronavirus cases slowed in China for a second day, but it’s too early to celebrate, World Health Organization officials said Friday. WHO said it has sent medical supplies such as masks, gloves, gowns and diagnostic tests around the world. Kerkhove sa
    Coronavirus cases slow in China for second day but it's way too early to celebrate, top WHO official says

  • Buttigieg led Sanders on the measure by 26.2% to 26.1%, while Sanders received more votes, according to Iowa Democratic Party data. That discrepancy is theoretically impossible under caucus rules, which are determined by the state party. Supporters of candidates who do not reach a minimum viability threshold, generally 15%, must reallocate their support in the “final alignment.” But it is seemingly impossible for there to be an increase in voters for the final alignment. CNBC provided its findin
    Iowa caucus: Here's a map of precincts where the data appear to be irregular

  • Change your mindset: It’s possible to do what you love and get super wealthy doing it. Middle class individuals believe that their investments in formal education determines their wealth. Change your mindset: If you always strive to be a kinder and more giving person, money will likely strengthen your good morals and characteristics. Middle class people tend to operate with a scarcity mindset: They believe there will never be enough of something. Change your mindset: Use your logic to dictate yo
    Self-made millionaire: 7 middle class beliefs that may be holding you back from getting super rich

  • It’s worth being “very careful” when approaching certain ESG investments. While that’s not exactly the case yet — some ESG funds still contain the stocks of companies with spotty records on environmental issues, for example — Siegel’s bigger worry is that buyers could bid up ESG funds to unsustainable levels (no pun intended). “One has to … be very careful,” Siegel told CNBC’s “ETF Edge” on Monday. And while sustainable investing, which has been around for decades, is likely a more stable bet
    Watch out for this trend in ESG investments, Wharton's Jeremy Siegel warns

  • Matt Maley, chief market strategist at Miller Tabak, sees worrying signs of a looming pullback in its charts. “It’s had this unbelievable move in recent weeks and recent months, and it’s taken the stock to a very overbought condition. Mark Tepper, president of Strategic Wealth Partners, says any weakness is opportunity to buy even more Microsoft shares. They’ve evolved, they’ve shifted their business, now they’re focusing around Azure and Office 365. Disclosure: Tepper and Strategic Wealth Partn
    Microsoft's charts haven't seen a technical signal this bearish since 1997

  • One of the wildest stock stories this week could also be the most dangerous, according to Mark Tepper of Strategic Wealth Partners. “It’s one of the most dangerous stocks in the world. Large-cap companies aren’t supposed to trade like penny stocks — go up 20% one day, down 20% the next,” said Tepper on CNBC’s “Trading Nation” on Thursday. But “the stock works when Tesla is in that planning and storytelling stage, but it doesn’t work in the execution stage. Right now, we are entering that executi
    This is 'one of the most dangerous stocks' on Wall Street, according to money manager

  • A Chevrolet Equinox SUV is seen on the production line at SAIC-GM Wuhan Manufacturing Plant on April 7, 2017 in Wuhan, China. VCG | Getty ImagesThe coronavirus extending factory shutdowns in China is the latest problem for increasingly “dangerous days” for the Detroit automakers in the world’s largest vehicle market. “We certainly are very concerned about the situation on an overall basis,” GM China President Matt Tsien said Thursday during an investor day for the automaker. ‘Dangerous days’Dunn
    Coronavirus adds to 'dangerous days' for Detroit automakers in China

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