If OPEC succeeds in rebalancing the market and oil prices start to recover, this would present a significant upside risk for stocks in the oil & gas and energy sectors. Tim Hayes, investment strategist at Ned Davis Research Group, suggested investors should put their money into commodity and energy stocks. This has been the one area that has been divergent in what has essentially been a rolling correction since the beginning of the year,” Hayes told CNBC’s Squawk Box on Wednesday. “We saw tech b

How much does it cost to sell your home? Homeowners shell out an average $15,190 nationwide in the course of offloading a house, according to a new report from home sale website Zillow and Thumbtack, a local services marketplace. That includes real estate commissions, transfer taxes and hiring pros for common home prep projects like cleaning and repainting. (The study assessed costs in the largest 35 metropolitan areas, excluding New York and San Jose.) Don’t forget about these seven potential c

Brazilian stocks fell more than 10 percent in opening trade Thursday on an emerging scandal involving the country’s recently installed president. The Brazil Bovespa recovered to trade about 9 percent lower, tracking for its worst day since Oct. 22, 2008. The iShares MSCI Brazil Capped ETF (EWZ), a heavily traded U.S. exchange-traded fund that tracks Brazilian stocks, briefly dropped more than 18 percent in morning trade and was also tracking for its worst day since October 2008. Brazil’s top cou

Positive and negative speculation over the rumor sparked daily billion-dollar moves in AMD shares during the past two days. “The recent rumors that Intel has licensed AMD’s graphics technology are untrue,” an Intel spokesperson said in a statement to CNBC. AMD shares surged 12 percent Tuesday after website Fudzilla reported Intel signed a deal to license AMD’s graphics technology. “Heading into the investor event, mainstream media reports suggested AMD’s largest competitor, Intel, may license AM

Donald Trump’s economic agenda has become further delayed by what seems like daily leaks from the White House. This may finally bring about the long-awaited equity market pullback of at least 5 percent. The markets have been feeding off artificial interest rates from our Federal Reserve and that of the European Central Bank and the Bank of Japan for years. The perma-bulls on Wall Street argue this willingness to take on debt demonstrates optimism among banks and other lenders about economic grow

Since the inception of the CNBC Disruptor 50 list five years ago, seven companies have stayed on the list for all five years, wooing us with innovative ideas and their ability to scale quickly and reshape industries. These seven companies raised more than a combined $25 billion from more than 400 investors, and they have a market valuation of about $120 billion, according to PitchBook. Eleven start-ups worth more than $1 billion from the 2017 CNBC Disruptor 50 are on the IPO watch shortlist — at

Liberty Media is the majority owner of SiriusXM, and CEO Greg Maffei has been open about his interest in Pandora. “Pandora actually under-monetizes on its listening hours … it has a superior product to many of the other free services,” Maffei said in a Liberty Media earnings conference call on May 9. Pandora posted mixed quarterly earnings on May 8: The streaming company posted an adjusted loss of 24 cents per share, excluding items, on revenue of $316 million. That’s compared with 34 cents pe

Despite a somewhat rocky outlook in the near term, Cisco is “focused on its transition to software,” the company’s chief executive, Chuck Robbins, told CNBC on Thursday. The company cut over 5,000 jobs back in August, an estimated 7 percent of its workforce. Robbins said there were multiple reasons for the worse-than-expected guidance. “We saw a significant slowdown in the U.S. public sector, particularly the federal business — which is a pretty significant business for us — due to the uncertain

What Pichai is really excited about is machine learning — software that gets smarter over time by munging reams and reams of data. “We want it to be possible for hundreds of thousands of developers to use machine learning,” Pichai said. Amazon has built a personal assistant that beat Google to market with hands-free calling and product-image recognition, and makes its own AI services available through its market-leading cloud service, AWS. Microsoft is also in the game with its personal assista

Athenahealth shares surged more than 18 percent Thursday after activist hedge-fund manager Paul Singer of Elliott Associates disclosed a 9.2 percent stake in the company. Singer said “the securities of the company are significantly undervalued and represent an attractive investment opportunity,” according to an SEC filing. Singer and Elliott Associates may submit plans, which could include seeking changes in management and a sale of the company or some of its assets. Elliott Associates represent

Treasury Secretary Steven Mnuchin reiterated the Trump administration’s goal for 3 percent or greater gross domestic product growth in congressional testimony Thursday. Mnuchin told a Senate panel that level of growth “is achievable if we make historic reforms to both taxes and regulation. Those prepared remarks did not go into detail about when the administration expects tax reform will happen. Hopes for quick action on overhauling the American tax system have faded recently as the White House

The U.S. stock market may be coming off its worst day since September, but the world’s largest asset manager is giving investors a dose of optimism. “If we have mini-corrections like today [Wednesday], it could actually be a nice opportunity to put some capital to work,” said Terry Simpson, multi-asset investment strategist at the BlackRock Investment Institute, Wednesday on CNBC’s “Trading Nation.” The S&P 500 and Dow dropped by nearly 2 percent, while the Nasdaq fell by more than 2 ½ percent.

Cramer: Amazon might need physical stores to compete with Wal-Mart on food 3 Hours Ago | 02:19Online retail giant Amazon might need to invest in physical stores in order to compete with Wal-Mart’s grocery business, CNBC’s Jim Cramer said Thursday. “They need a brick-and-mortar component perhaps to compete with Wal-Mart on food,” Cramer said on “Squawk on the Street.” Amazon, which has dominated the online retail space, has grown a presence in the grocery space with different approaches, such as

Japan’s economic engine may not exactly be roaring, but there is a definite hum in the air. The economy grew for a fifth consecutive quarter at the start of 2017, the longest stretch of growth in more than a decade. The government of Prime Minister Shinzo Abe has been trying for four and a half years to coax the economy into a higher gear. Although Japan’s output is still the world’s third-largest, after the United States and China, consistent growth has been elusive — the result of headwinds li

It sounded like a typical New Year’s resolution: On January 1, 1975, Robert “Raven” Kraft, promised he would run eight miles, every day, for 365 days. But 42 years and more than 15,000 days later, he’s never missed a single run. In the process, he’s become an inspiration for many, taking more than 3,000 other runners out on what he calls “Raven Runs.” What leadership lessons can we learn from a person who has made running his purpose in life? Here are five from a recent interview with Kraft and

Editors’ note: This article, originally published in November 2016, was updated May 16, 2017. There are more reasons than ever to understand how to protect your personal information. A set of top-secret National Security Agency hacking tools were dumped online over the past year. In an interview, Mr. Larson walked us through some of the basic steps he recommended. We encourage you to send any questions or feedback about this article to smarterliving@nytimes.com.

Apple has completed a trial run of the first-ever iPhones assembled in India, “a small number of iPhone SE,” the company told CNBC on Tuesday. Armed with their massive war chests, drug manufacturers, big-box retailers and information technology behemoths are racing to expand their businesses to India. Apple, the world’s most valuable company, is courting India in the hope of reigniting the growth story that appears to be losing steam in China. Not just Apple, large global companies like Amazon,

“I worked at FOX and FOX Business for 5-plus years and had several interactions with Ailes during that time. In this way, Ailes was no trailblazer. That kind of behavior ultimately sank Ailes’ career and, based on multiple reported harassment settlements, the same thing sank O’Reilly, his biggest star for decades. But it’s important to remember that Roger Ailes put on shows. But Ailes was no political thought leader and certainly not a groundbreaking or authoritative conservative thinker.

It pays to be the boss. According to Bloomberg’s recently released list of the highest-paid executives in America, top CEOs pull in hundreds of millions of dollars per year. However, one name on the list stands out: Elon Musk of Tesla. Although Musk earned a whopping $99,744,920 in 2016, his official salary was only $45,936, which reflects the minimum wage requirements for California. And he never accepts the money.

Even employees already working in the financial sector are eyeing opportunities in tech. In a new study of over 800 financial services employees in partnership with Kronos, we found that one-fourth are more interested in working in the tech industry than finance. These employees are looking for meaningful work, companies that innovate and flexibility — all of which tech companies offer and where financial companies lag behind. Tech companies in their very nature are innovative. For instance, whi