The latest hacking threats were WannaCry, a type of ransomware, and Adylkuzz, malware that takes over computers and servers to solve complex math equations that mine, or create, virtual currencies like Bitcoin. Ransomware locks up computer files and demands payment to get them back. Each malware is known as a worm, malicious software that spreads from connected computer to computer without the user needing to click on a link or download a file. These threats are currently targeting businesses, b

Consider two competing strategies at the center of technology innovation: the ARK Industrial Innovation ETF (ARKQ), with $45 million in assets under management, and the ROBO Global Robotics and Automation Index ETF (ROBO), with nearly $550 million in AUM. They are each designed to capture the benefits of technological advancements across various industries. They aren’t purely tech ETFs as much as they are niche ETFs that focus on new technologies impacting various industries. More from ETF.com:R

Brazil, attempting to extricate itself from a recession as its president fends off a corruption scandal, has a well-kept secret: A thriving financial technology (fintech) sector that has managed to defy the country’s political and economic turmoil. The political intrigue has all but drowned out a tentative rebound in the economy, and a nascent boom in fintech. At least for the moment, enthusiasm blooms for Brazil’s fintech sector, which is driving innovation within the country’s banking sector —

David, a 54-year-old portfolio manager in New York, said he looked around his office when he turned 50, and realized he needed to do something. The days when investors look for a wise, old money manager were disappearing. So I decided I wanted to remain relevant and marketable,” said David, who requested that his last name be withheld. He says the $1,000-per-procedure investment keeps him looking 40-something — and keeps his clients happy. When your clients think you are younger, they think you

“I think inflation will be the big surprise,” said Joseph Zidle, portfolio strategist at Richard Bernstein Advisors on CNBC’s “Trading Nation” this week. Zidle referred to Commerce Department data showing the number of people voluntarily leaving their jobs, relative to the amount of people getting fired. “In the law of large numbers, the only reason why people quit their jobs in big numbers is because they have something better lined up and something that pays more.” The scenario could help driv

A shocking plunge in one of its key components may dampen, but not crush, Wall Street’s favorite investment trade of the last few months: emerging markets. Brazilian stocks collapsed Thursday on news of a fresh political scandal that jeopardizes the new administration’s reform plans. But market strategists remained mostly optimistic about the hot emerging-markets trade, even as Brazilian stocks tumbled Thursday. Emerging market countries include Brazil, China, India and Russia. Despite a histori

It only took 10 minutes for a 1982 painting, featuring a black skull on top of a colorful background, to soar to a record-breaking price at Sotheby’s New York auction house on Thursday. And now shares of Sotheby’s stock are soaring, relatively speaking. A work of art by Haitian-American painter Jean-Michel Basquiat has just sold for $110.5 million at Sotheby’s New York, according to the auction house. Sotheby’s stock has climbed around 80 percent over the past 12 months and is up about 26.5 perc

Retail, man. After two weeks chock full of retailers’ earnings — largely disappointing Wall Street and missing analysts’ expectations — the S&P 500’s Retail ETF (XRT) was trading in the slumps Friday afternoon, on pace for its worst week of the year. The index was falling as much as 3.3 percent week-to-date, on pace for its worst week of the year dating back to December 2016 when the XRT lost 4.2 percent over a five-day period. Leading the declines were names like Ascena Retail Group, Foot Locke

A number of other founders and CEOs surveyed say they think of themselves as rule-breakers, but thoughtful ones. “The biggest thing you’re investing in is the entrepreneur,” he said. “It turns out early stage, middle stage, late stage, you’re investing in the entrepreneur. So you’re looking for someone who is passionate, can tell a story, and most of all, is persistent.” Thirty-two of this year’s Disruptor companies responded to the survey.

The 18-karat yellow gold wristwatch is one of only three models to feature a black dial and diamond hour markers. The rock at 12 o’clock forced Rolex to move its trademark crown below the diamond, resulting in the only dial of its kind in the world. Phillips likened demand for high-end collectible watches to that of fine art and vintage sports cars. The watch last sold in 2002 for a then-world record price of $235,000. The previous record for a Rolex sold at auction was held by the “Split-Second

Exxon Mobil shareholders should not support the continuation of the oil major’s executive payment program, influential proxy advisory ISS has determined. The advisory says the company’s payment structure for its CEO is out of step with current market standards, and Exxon offers too little detail on the criteria for bonuses. “Exxon’s executive pay program has remained largely unchanged for the better part of a decade. What has not remained constant over this period, however, are prevailing market

“President Trump can’t realistically hope for an immediate boost in the polls or any real respite from his critics at home. Enter President Trump who is unlikely to retract his earlier attacks on Saudi Arabia, but is appears willing to make amends with Riyadh and use a strengthened relationship as leverage against the Iranians and ISIS. Now, President Trump can take credit for being the savior in what was a deteriorating relationship. President Trump can’t realistically hope for an immediate boo

The prevailing viewpoint today is that a retail apocalypse is upon the American market, that it will bring the death of shopping malls, and that e-commerce is largely to blame. But the headlines and store closings do not show the full picture of the health of the U.S. retail sector. When looking closely at the data, one can quickly see that the numbers don’t tell the full story of the evolving market and it’s something that we have felt for a long time. As shown by the renewed appeal for showroo

Last month, federal agents executed search warrants in connection with an investigation into an alleged scheme to defraud EB-5 investors from China. About 75 percent of the 10,000 visas awarded each year go to Chinese investors, who are primarily driven by the desire to get a visa, rather than profits. He travels frequently to China, reassuring Chinese investors worried about moving abroad, including helping their children adjust and throwing dinners. In 2014, Fortune magazine found Mr. Mastroia

Here’s how to save on your summer travels Monday, 1 May 2017 | 10:14 AM ET | 00:55If you’re planning a summer getaway, better start hunting for deals. Prices for summer airfares are expected to be up to 5.8 percent from last year, according to travel site Hopper. “Our advice is always to plan ahead as early as possible,” said Patrick Surry, chief data scientist at Hopper. “We’re already starting to see [summer] prices rise.” Travelers may have already missed one deal window: Comparison site Hipm

For some high school seniors, putting college on hold could be just the right thing. Also known as a “gap year,” the break between high school and college might include travel, work, research or volunteering before continuing academic studies. Now, more than 35 percent of high school students are thinking of taking a gap year, according to a recent survey by TD Ameritrade. According to the AGA, a nonprofit that accredits gap year programs, between 30,000 and 40,000 students are taking time off f

A stealth budget buster: the intersection of travel season and wedding season. In a recent Priceline.com survey, 15 percent of travelers say they have spent more than $1,000 on wedding-related travel. If there’s a wedding (or more likely, weddings) on your summer calendar, factor those in as part of your overall budget, Sophia Bera, a certified financial planner and founder of Gen Y Planning in Austin, Texas, told CNBC. “You don’t have to go to every wedding you’re invited to,” she said. Read mo

Investors who think Tesla shares are overvalued are discounting the fact that the company will be a major player in the autonomous taxi market, a $2 trillion opportunity, one fund manager told CNBC, adding that the stock could be worth “multiples” more than its current $51 billion valuation. Last year, Tesla CEO Elon Musk announced his intention to begin a Tesla ride-sharing platform when regulators approve fully self-driverless cars. “When true self-driving is approved by regulators, it will me

Cramer expects it to be cautious, but noted that the more hawkish Philadelphia Fed President Patrick Harker will also speak and is likely to express a more positive outlook. Lowe’s and Tiffany & Co. will report earnings before Wednesday’s bell, and PVH will report after the close. In the game of “is retail strong or weak,” Cramer expects all three to be strong. While the market may be bearish on its stock, Cramer likes Costco’s story, and is looking forward to its Thursday earnings report. Final

“I think that’s what appeals to young people. Young women to middle-aged women are the primary users. But the mobile app has unlocked potential.” “They didn’t fit the profile of the stereotypical social media app user,” Kay said. “The Pinterest user is comfortable spending money in mobile, which is probably the single most important think you should take away from this.”