As 2017 comes to a close, CNBC’s Jim Cramer has noticed that one of the market’s starkest features is its shortage of stock. “We don’t have enough shares to go around. That’s how I feel about this incredibly strong year and the uber-bullish reaction to tax reform,” the “Mad Money” host said. “There’s just not […]
Read moreWall Street climbed on Thursday ahead of Asia’s Friday trading day as markets weighed the benefits U.S. companies would gain as a result of lower corporate taxes. Several major U.S. corporations revealed details on how they would spend savings that a recently passed tax bill would bring about. Among those spending measures were wage increases […]
Read moreThe Securities and Exchange Commission is cracking down on suspicious cryptocurrencies and that will only continue, according to a former chairman of the regulatory body. “We’re in line for some serious regulatory responses to all of this and that will be forthcoming after the first of the year,” Harvey Pitt said Thursday on CNBC’s “Fast […]
Read moreMining company Crystallex International said on Thursday Venezuela failed to honor a settlement and urged a federal judge to allow it to seize control of U.S. refiner Citgo Petroleum, which is owned by the country’s state oil company. Canada-based Crystallex won a 2016 international arbitration award of $1.2 billion against Venezuela, which has refused to […]
Read moreAs 2017 comes to a close, CNBC’s Jim Cramer has noticed that one of the market’s starkest features is its shortage of stock. “We don’t have enough shares to go around. That’s how I feel about this incredibly strong year and the uber-bullish reaction to tax reform,” the “Mad Money” host said. “There’s just not […]
Read moreCatalonia’s separatist leader Carles Puigdemont was on track to regain the leadership of Spain’s northeastern region after preliminary results showed a coalition of secessionist parties winning a majority in regional elections. Puigdemont went on self-imposed exile in Brussels in October after conservative Prime Minister Mariano Rajoy sacked his regional government when they organised an illegal […]
Read moreEric Schmidt will be stepping down as the executive chairman of Alphabet‘s board of directors and transitioning to technical advisor, the company announced. He will continue to serve on the company’s board. Schmidt first joined Google as CEO in 2001, back when the company only had several hundred employees, and become its executive chairman 10 […]
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It’s been a record-breaking year for the markets as the major indexes track for their best annual performances since 2013. With the Dow sitting just a hair below yet another major milestone — 25,000 — Rich Ross of Evercore ISI says there are three names that could propel the index to new heights. First, Ross […]
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Virtual reality is off to a slow start with general audiences, but a start-up called MEL Science is betting this new media will take off in schools in 2018. The company just raised a new round of funding to take its combination chemistry sets and VR content into the classroom. Based in London, MEL Science […]
Read moreLifetime Brands, a houseware maker best known for its FarberWare and KitchenAid product lines, used to finish most of its holiday shipments by the end of October. As a traditional brick-and-mortar wholesaler, Lifetime Brands shipped the products to retailers in advance of the holiday season so the stores can fill their racks in time. But […]
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