Friday afternoon, Donald Trump traveled to the US Treasury Department where he’s expected to sign a new executive order. The good or bad news, depending on how you feel, is that, based on briefings provided in advance by the White House, it does not appear that today’s order actually does anything per se. As with his earlier executive order on climate regulation, this push for bank deregulation is significant as a statement of priorities and certainly could lead to meaningful policy change down

“Mythbusters” doesn’t need to tell you that there’s no such thing as a stupid question. Accidentally offending someoneSometimes, we say dumb things that can affect our reputation, and other times we say dumb things that actually offend people. If you’re afraid of hurting someone, that means you’re a good person — and shouldn’t be insecure about it. And in general, you can avoid the situation altogether by staying away from sharing any comments that you’re unsure about. The reality is that you’re

In honor of World Book Day on Sunday, billionaire Richard Branson has put together an eclectic and charming list of 70 “must-read books.” Not too surprising, perhaps, given that the Virgin Group founder and chairman says J. M. Barrie’s “Peter Pan” is the book that changed his life. Peter Pan – J. M. Barrie7. The Adventures of Tom Sawyer – Mark Twain9. Mountains Beyond Mountains: The Quest of Dr. Paul Farmer, A Man Who Would Cure the World – Tracy Kidder22.

Jim Cramer rang the lightning round bell, which means he gave his take on caller favorite stocks at rapid speed:Teva Pharmaceutical Industries, Ltd.: “No, no. By the way, I think that Teva is just not good enough to be in your portfolio, period. EQT Midstream Partners, LP: “Oh, that’s a good one. I mean, this is a steady Eddie and I don’t know what’s happening there. Mad Money Twitter – Jim Cramer Twitter – Facebook – Instagram – VineQuestions, comments, suggestions for the “Mad Money” website?

But, the truth is, traditional city gas stations will not be where/how we “energize” our cars in the future. To really jump start electric vehicle use, we need to stop focusing on wired super charging at gas stations and focus more on wireless charging everywhere else. For that reason, we won’t see much EV charging at the gas stations around town. Based on convenience, we are also going to start seeing wireless charging develop in the EV charging landscape. On the manufacturer side, Mercedes has

President Donald Trump’s tax plan will probably look similar to what he espoused on the campaign trail, Grover Norquist, the president and founder of Americans for Tax Reform, told CNBC on Friday. “It is probably going to look a lot like what Trump talked about in the campaign merged with the Republican House proposal, which was co-authored by the Trump people. So, we know Trump in the campaign talked about taking the 35 percent corporate rate down to 15 percent. The president also remarked that

A Blackstone executive criticized a Citigroup analyst in a testy exchange during the asset manager’s earnings call Thursday. Citgroup analyst Bill Katz then asked if that was the case, why didn’t Blackstone repurchase shares if the firm saw its stock as so grossly undervalued at its current levels around $30 a share. The average dividend yield on the S&P is 2 percent, versus an average annual dividend yield of 8.3 percent over the last three years for Blackstone shares, Schwarzman said on the ca

Klaus Kleinfeld has resigned from Morgan Stanley’s board, effective immediately, and will not stand for election at its annual meeting, the Wall Street bank said in a filing on Friday. Kleinfeld, who had been on Morgan Stanley’s board since 2012, resigned as chief executive of Arconic earlier this week after a controversy related to his battle with activist hedge fund Elliott Management. Watch: Kleinfeld’s letter ‘inappropriate’

With the first round of the French election occurring on Sunday — and the biggest week of earnings approaching — Jim Cramer smells panic in the air. Hasbro: Rival toymaker Mattel’s weak Thursday earnings report could pass some negativity on to Hasbro when it reports, but Cramer doubts it because the companies have very different prospects. We can’t focus on all of you,” Cramer said before diving in to some of Tuesday’s 30-plus earnings reports. McDonald’s: Some Wall Street hawks worry that the s

A California lawmaker has proposed a statewide measure to ban retailers from accepting coupons that lower the price of tobacco products. It follows California this month more than doubling the tax on cigarettes. The legislation, proposed by California Assemblyman Kevin McCarthy (D-Sacramento), would prohibit the redemption of all coupons and promotional discounts for tobacco products. “California has led the nation in its fight against tobacco by enacting some of the strongest anti-tobacco laws

South African finance minister denies he is a puppet of scandal-engulfed president who appointed him 9 Hours Ago | 11:23South Africa’s recently installed finance minister vehemently pushed back against assertions that he is a puppet of scandal-wracked President Jacob Zuma. Malusi Gigaba told CNBC on Friday that his loyalty lies with South African constitution, “regardless of who is president.” “I think that these attempts to castigate me, to frame me, paint me in a particular way are quite malic

And right now, the race is a “complete wild card,” with about 40 percent of voters undecided, he pointed out. The first round of the election is set for Sunday. Former Economy Minister Emmanuel Macron and mainstream conservative Francois Fillon are the two centrist candidates. Far-right Marine Le Pen and far-left Jean-Luc Melenchon have both indicated they are willing to take France out of the European Union. “Any kind of serious contention that Le Pen wins or, the worst-case scenario, if we hav

Call it bearishness, or just protecting their positions, but that rhetoric drives Cramer crazy. That is because many of the big fund managers that speak out publicly made their millions (or billions) in a different time, shorting the market in the 1980s, the 1990s or the 2000s. The hedge fund gurus of today arguably do not need to buy anything at all to maintain their stature. The win-win position makes sense for those who have already made the money, but has few and possibly negative implicatio

Trader Steve Grasso said he is staying out of airline stocks entirely, but mentions Spirit and JetBlue as the best names to buy. Tim Seymour said he “is not scared” of United’s stock, in spite of the company’s long dragging passenger fiasco. Her firm is long ANTM, BAC, C, C calls, FB, GOOG, GOOGL, JPM, JPM calls, KORS, LYV, PLCE, SPY puts, WIFI, her firm is short IWM, MDY. Steve Grasso’s firm is long stock AON, BX, CUBA, DIA, F, HES, ICE, KDUS, MAT, MFIN, MJNA, MSFT, NE, RIG, SNAP, SPY, SQBG, TI

Nearly three years ago he crashed into a truck riding his bicycle less than a mile from his home in Knoxville, Tennessee. He and his wife are self-employed and rely on their Obamacare plan to cover his medical needs. More than half of the state’s Obamacare enrollees receive cost-sharing subsidies that reduce out of pocket costs, but the Trump administration and Congress have not given insurers a firm commitment that they’ll continue funding the so-called CSR payments. Tennessee’s Republican Sena

“I think his hundred days is up, and from a symbolic standpoint, he’s trying to get an outline out there within 100 days,” said Peter Boockvar, chief market analyst with the Lindsey Group. “We think markets are overly pessimistic on the odds of something ultimately getting done, and we do think there’s a lot of will in Washington to try to deliver on some type of tax reform. It happens on the anniversary of his 100 days. Block said there was a reason Trump on Friday announced plans to discuss ta

Those closures come on top of the planned shuttering of 150 under-performing stores that were announced in January. More from USA Today:Sears and Kmart might not have enough money to stock their shelvesAdvice for Sears and Kmart from Middle AmericaWhich mall stores are in danger of closing? Sears also said that Rob Riecker, the company’s controller and head of capital market activities, is its new chief financial officer. But Sears’ financial troubles are deep. The company said the actions it’s

United Airlines Chief Executive Oscar Munoz will not chair the company’s board in 2018, it said in a regulatory filing on Friday, following a high-profile incident in which an elderly passenger was dragged from a flight. In a reversal of Munoz’s earlier employment agreement, he has opted to leave “future determinations related to the Chairman position to the discretion of the Board,” the filingsaid. Watch: What affects United shares?

With markets stalled out ahead of Sunday’s French vote, the postelection scenarios are as extreme as the candidates and could continue for weeks, depending on the outcome. Next best for markets would be that both of those candidates are the choices heading into the second vote. Right now, it looks like it will end up being Le Pen and Macron battling it out in the second round with the latter winning, analysts say. “All the polls show Le Pen and Macron in the top two, and the polls may differ on

“We’ll see what happens,” he told reporters after signing an executive order at the Treasury Department. “No particular rush, but we’ll see what happens.” Yet Trump did not insist on a health-care vote next week when reporters asked him about it Friday afternoon. Next week doesn’t matter,” Trump said. The White House hopes language on a possible health-care deal can come as early as Friday or Saturday, leaving the potential for an agreement next week, a White House official told CNBC earlier Fri