For middle-class American parents who want “the best” for their kids, college can wreak havoc on their retirement plans. Increasingly, he is having conversations about how those clients can support their kids without hobbling their own retirement savings objectives. Maurer said that a shaming culture that puts the responsibility for education costs on parents can lead to disastrous decisions. “Don’t just write the proverbial check for education costs.” “Could there be a worse example of sacrific

Cathy Beaudoin, the longtime Amazon executive leading the company’s fashion division, is exiting the company. Beaudoin joined Amazon eight years ago from The Gap and was tasked with improving the fashion industry’s opinion of Amazon and courting popular name brands to sell on the mass-market e-commerce site. “Cathy Beaudoin has decided to step down from her position as President of Amazon Fashion,” an Amazon Fashion spokesperson said in a statement. We thank Cathy for her tremendous contribution

A decline in customer deposits suggests that demand for Model S and Model X cars may be tapering off, analysts said. “We believe investors… walk[ed] away from the call somewhat disappointed as management provided little insight on the Model 3 ramp or Model S/X orders,” said Cowen analyst Jeff Osborne in a research note. “Demand cracks are forming,” said Pacific Crest analyst Brad Erickson, for Model S and Model X.Erickson wanted more details around the number of orders Tesla was receiving and

Looking to make good on a pledge by CEO Mark Zuckerberg earlier this year to be a “video first” company, Facebook is hiring a growing number of people to create its own video programming. The positions include one for a film producer at Facebook, which was posted to LinkedIn six days ago. The first duty listed is to “develop, script, produce and edit sharable motion picture content.” Facebook already puts together personalized videos for its 1.9 billion users, often around anniversaries of notab

[The stream will begin soon. Please refresh the page if you do not see a player above.] President Donald Trump and fellow Republicans plan to address the media from the Rose Garden at the White House following the GOP-controlled House’s vote to repeal and replace the Affordable Care Act, also known as Obamacare.

[The stream is slated to start at 7:20 pm ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump is set to give remarks to commemorate the 75th anniversary of the Battle of the Coral Sea during World War II. Trump’s speech, at the Intrepid Sea, Air and Space Museum in New York City, comes after the GOP-controlled House passed a sweeping, controversial measure to repeal and replace the Affordable Care Act.

I’m about to get on a flight to Seattle. I’m worried my flight might not have in-seat entertainment, so I spent last night loading up my iPad with shows and movies from Netflix. Netflix added offline storage within the last year, but I haven’t really heard many people talking about it. One warning: Netflix doesn’t let you store all of its content offline, so some shows just aren’t available. Note that you’ll want to set all this up before you leave on your trip, while you still have internet.

Kevin Hart and YouTube will partner on a new series called “Kevin Hart: What The Fit,” another way the Google-owned platform is trying to prove it deserves advertising dollars earmarked for television. YouTube announced seven ad-supported exclusive shows at Brandcast in New York on Thursday, its annual presentation where it showcases content for advertisers. In addition, Rhett and Link and the Slow Mo Guys — who got their start on YouTube — will get series. YouTube already has exclusive content

Speaking to CNBC at the sidelines of the Innovfest Unbound conference in Singapore, the younger Son said, “Today, the people’s mindsets — especially parents, mothers — they expect their children to work for the big, established companies.” “Their parents, especially conventional mothers, (would) say no, you should learn how to make a business by working in a big company,” he said. ” This is where Japan tends to lose out on the potential of entrepreneurs to drive the country’s innovation, and gen

For Tom Stewart, collecting is in his DNA. It was the year that “Star Wars: A New Hope” hit theaters. Forty years later, his stockpile of Star Wars action figures, food packaging and party supplies now takes up a significant part of his 1,600 square-foot basement and is worth more than $100,000. Based on how my family had grown up, I needed to collect something and this was just what grabbed me.” His collection first started with Wonder Bread paper products that were sold during the run of the f

The real estate brokerage released two versions of the trailer on Vimeo: one for general audiences and the other – a more explicit version – for mature audiences, described in a press release as: “Two steamy movie trailers giving viewers a sneak peek into a life where the boundaries are limitless.” “I kept telling the director ‘Go darker … go sexier’ and was thrilled to see the results,” says Niami. Only time will tell if the developer’s noir fantasy will pay off. If you’re more interested in

The happiest and most motivated professionals are often those who have found meaning in their work, psychological research shows. But finding a sense of purpose is easier said than done. According to a national Gallup poll, only 30 percent of professionals feel engaged at work, which leaves 70 percent that feel apathetic or disinterested. Career and leadership experts, supported by a growing body of workplace research, know that there are multiple ways to start taking control of your career.

As CEO of Apple Tim Cook has been an outspoken leader on the fight for equal rights and privacy, among other topics. Most recently, and in an exclusive interview with CNBC’s Jim Cramer of “Mad Money,” Cook discusses his new focus as CEO: to have Apple create jobs for U.S. workers. Use your position to benefit others in needCook makes it clear in his recent interview that he’s using his position to help American workers. “You know, a lot of people ask me, ‘Do you think it’s a company’s job to cre

Another day, another postcard from the increasingly bizarre alternative universe that is Silicon Valley. This time, it’s the eye-popping story of a 908-square-foot, lovely-seeming home in Palo Alto, California, that hit the market in February for an asking price of $1,927,000. Curbed reports:Complete with hardwood floors, a brick wood-burning fireplace and exposed wood beam vaulted ceiling, the well-worn abode was lovely in its own right. But the real selling point here was the lot, approximatel

After college, when Garrett Marrero was living and working in finance in San Francisco, he went to Hawaii for vacation and fell in love with island life. He started thinking, “When I retire, this is where I want to live.” Then he started asking himself, “How can I move to Hawaii sooner than retirement?” Marrero also noticed that, when he asked for a local beer in Hawaii, he would be served a beer brewed somewhere else off island. A lover of craft beer, Marrero saw an opportunity.

House Republicans are being criticized for passing their Obamacare replacement plan Thursday without knowing its costs and effects, but the White House seemed to back that decision before the vote. White House spokeswoman Sarah Huckabee Sanders told reporters ahead of the vote that it is “impossible” for the nonpartisan Congressional Budget Office to score the proposal after a series of amendments. She echoed press secretary Sean Spicer, who said Wednesday that too many “variables” are “unknown”

The vote, which President Donald Trump was planning to tout as a big victory, sends the Republican-sponsored bill to gut Obamacare to the Senate for consideration. The bill passed by a vote of 217 to 213, which was one more “yes” vote than was needed for passage. “A lot of us have waited seven years to cast this vote,” House Speaker Paul Ryan, R-Wis., said shortly before the voting began. “Many of us are here because we pledged to cast this vote: to repeal and replace Obamacare.” After the vote,

Some strategists are cautious ahead of the monthly employment report to be published Friday, and are looking to some risk-off trades. Sentiment is quite high right now, observed Max Wolff, market strategist at 55 Capital, but the tape has proved to be much weaker. “Wages, wages, wages. Convergex’s chief market strategist, Nicholas Colas, in a note to clients Thursday asked, “What could go wrong?” “Its commentary [on Wednesday] shrugged off both a weak Q1 GDP print and the subpar March jobs repor

Cramer Remix: This stock at home in your wallet could be ready to rally 8 Hours Ago | 01:06Though brick-and-mortar retail has come under pressure of late, Jim Cramer found one related stock that could be making a comeback: Alliance Data Systems. Alliance Data deals in private label credit cards, rewards programs, and transaction-based marketing solutions. After the stock peaked in 2015, it tumbled down 43 percent and fell as low as $177 from its $312 highs in the February of last year. But the ”

Jim Cramer rang the lightning round bell, which means he gave his take on caller favorite stocks at rapid speed:Altria Group: “Altria did not have a good quarter and the stock didn’t go down. What that tells me is where there’s smoke, there’s fire. Shopify: “Well, I’ve got to tell you, they’re doing all the great, right things I want in terms of revenue growth. At one point it was at $60 today on a ridiculous rumor that [CNBC’s] David Faber killed about Kraft Heinz. Mad Money Twitter – Jim Crame