As a former CEO of Merrill Lynch, Smith Barney and Citi Private, Sallie Krawcheck has worked with all kinds of people. But there was still one group she said Wall Street has underserved: female investors. “It’s not … particularly surprising that industries that are dominated by men tend to do a better job for men,” […]
Read moreFutures tipped a lower open for Asian stocks on Wednesday after U.S. stocks fizzled on the back of U.S. President Donald Trump’s remarks that he was “not satisfied” with the latest round of trade talks with China. Nikkei futures traded in Chicago were lower by 0.2 percent compared to the index’s last close. Australian SPI […]
Read moreAfter U.S. crude oil prices hit a three-and-a-half-year high on Tuesday, CNBC’s Jim Cramer drilled down on why investors should’ve seen it coming. The “Mad Money” host pointed to an April conference call at oil giant Schlumberger led by its CEO, Paal Kibsgaard. On the call, Kibsgaard said that supply and demand were in balance, […]
Read moreRent the Runway may be a private company, but co-founder and CEO Jennifer Hyman told CNBC that people could benefit from viewing her retail disruptor like they view stocks. “People should think about their closets like they think about a stock portfolio,” Hyman told “Mad Money” host Jim Cramer on Tuesday. “There are things you […]
Read more
Researchers at Carnegie Mellon University and ASU Tech have come up with an idea for a projector watch that turns your arm into a touchscreen. The LumiWatch prototype uses a built-in, 15-lumen laser projector to display a smartphone-sized interface on the user’s arm. It can be swiped and tapped like a traditional touchscreen. The watch […]
Read moreWith U.S. Treasury Secretary Steven Mnuchin admitting on CNBC that there are still some “significant” issues hindering a new NAFTA deal, CEOs like Union Pacific’s Lance Fritz are concerned. “I am worried about NAFTA just overall,” Fritz told “Mad Money” host Jim Cramer on Tuesday. “What concerns me right now is there seems to be […]
Read moreA warning about a “new” international scam targeting Chinese students in Australia was issued by the Australian Federal Police on May 14, 2018. In a typical scenario, students are contacted by someone pretending to be from the Chinese Embassy or Consulate telling them that they have been implicated in a serious crime in China or […]
Read moreEven with most Americans feeling more financially secure than they did five years ago, many continue struggling to set aside any type of savings. About 40 percent of adults said that if faced with a $400 unexpected expense, they would either not be able to pay it or would do so by selling something or […]
Read moreHigh-level talks between North and South Korea will likely resume after May 25 following completion of joint U.S.-South Korea military drills, a South Korean government spokesman said on Tuesday. Yoon Young-chan, a spokesman for the South Korean presidency, was speaking to reporters in Washington following a White House meeting between U.S. President Donald Trump andSouth […]
Read moreConsumer Reports will re-evaluate Tesla‘s Model 3 if the electric car maker improves the vehicle’s braking distance, the publication’s director of automotive testing told CNBC on Tuesday. Tweets from Tesla CEO Elon Musk on Tuesday morning appear to show the automaker may take some steps to address the issue within days. It was was one […]
Read more