cnbc

cnbc

  • Samsung Pay is has a lot of features Apple Pay doesn’t have, and it’s really easy to use, so long as you have one of Samsung newer smartphones. Samsung Pay is accepted in more places than Apple Pay because it doesn’t require special NFC-based terminals. It’s capable of working with a regular magnetic stripe reader that’s otherwise used for swiping debit and credit cards, thanks to special technology Samsung received when it acquired a company named LoopPay. It’s also super useful; if you forget
    Here's how to use Samsung Pay, which does things Apple Pay can't do

  • Based on these results, Nomura-Instinet analyst Mark Kalinowski raised his same-store sales estimate for the company by 270 basis points, saying he expects the metric to be up 0.8 percent for the quarter. Wall Street’s consensus estimate is that comparable sales will be down 1.1 percent. In the same quarter last year, the chain’s same-store sales rose 5.4 percent. Nomura- Instinent polled the same domestic franchisees about second quarter 2017 and, in aggregate, they expect same-store sales to b
    McDonald's franchisees optimistic about first-quarter sales growth

  • Don’t expect Bill O’Reilly to appear on another major cable network anytime soon, FBR Capital Markets senior analyst Barton Crockett said Thursday. I could imagine him on a new cable network, on some type of internet service. Fox News parent 21st Century Fox announced Wednesday it is parting ways with the star cable news host amid allegations of sexual harassment and major brands pulling their advertisements. “After a thorough and careful review of the allegations, the company and Bill O’Reilly
    Don't expect Bill O’Reilly on another major cable network, says top media analyst

  • T-Mobile said it’s only fitting that competitor Verizon Communications released its quarterly earnings on “the holiest of high days,” April 20. “There’s really only one explanation,” T-Mobile went on in its blog post. “We like puppy memes too,” Verizon spokesman Bob Varettoni told CNBC in an email. We’re also busy enhancing our network to handle 3D, virtual reality and holographic puppy memes.” T-Mobile said it will be updating its blog post throughout the day with memes and content, “trying to
    T-Mobile trolls Verizon for releasing its earnings report on 4/20

  • A high-tech Tesla semitruck could garner billions in revenue just by capturing a small fraction of the country’s trucking market, according to one analyst. That business could bring $7.5 billion in revenue, Jonas said. If Tesla were to lease batteries at 25 cents per mile, Jonas estimates it would cut costs for truckers in half. Jonas estimates Tesla would have to spend about $1.7 billion in capital upfront to supply both the trucks and the battery swap infrastructure. Jonas is not the only anal
    Tesla could add billions in revenue by entering the trucking market, analyst says

  • First, avoid publicly traded marijuana companies (they’re all over-the-counter) such as Medbox (OTC:NGBL) which ended up settling with the SEC for securities fraud. There are very few solid businesses in the space and finding the right one to invest in is extremely difficult. Your best bet is to invest in privately-held companies, which means you need to be an accredited investor, per SEC guidelines. Second, look for companies with solid management teams teams. Examples include Flowhub, an innov
    On 4/20, here's how to invest in marijuana-commentary

  • It is doubly disconcerting given the disproportionate impact energy prices have on economies — especially economies in desperate need of fuel-injection themselves. While securing a solid grip on future oil prices is not a new dilemma, the current diversity and disparity of opinion is. According to the Energy Information Agency, global oil production is 98.3 million barrels per day (MMPD), and consumption is a bit less at 98.1 MMPD. Domestic policy & politics concerns: In addition to geopolitical
    Why oil prices—and prediction—are so wild right now—Bart Chilton—commentary

  • Tax cuts would provide “some stimulus” to get growth to about 2½ percent, added Rubin, co-chair of the Council on Foreign Relations think tank. President Trump has said he hopes to boost economic growth to more than 3 percent or even 4 percent. Rubin also questioned whether the Republican-controlled White House and Congress can deliver on their tax-reform promises. “The probability of the border tax happening is remote.” Like many members of Trump’s economic team, including Mnuchin and Gary Cohn
    Robert Rubin: Long-term economic growth beyond 3% would be a 'stretch'

  • A strong showing by far-right candidate Marine Le Pen in Sunday’s French presidential election would cause major problems, the head of the International Monetary Fund said Thursday. “It would certainly unveil major disorder and the risk of dislocation,” IMF Managing Director Christine Lagarde told CNBC during an interview at this week’s meeting of the foundation and the World Bank in Washington. Lagarde was speaking of the possibility of the National Front leader winning enough votes to qualify
    IMF's Lagarde: Far-right win in France would cause 'major disorder'

  • Experts say the forthcoming VantageScore changes shouldn’t warrant a shift in how you manage your credit. “Don’t get too hung up on changes like this,” said Gerri Detweiler, head of market education at business credit site Nav. VantageScore is just one of many players in the credit score market, she said — and not the biggest one. The bottom line: You don’t have just one credit score. “If you can do those things … you’re going to have a good score across all of the platforms,” he said.
    How to use this new formula to boost your credit score

  • The pace of commercial and industrial loan growth has slowed to its weakest pace in nearly six years, according to Federal Reserve data, adding to worries about economic growth and whether the rally in bank stocks since the election is justified. Commercial and industrial loan growth rose at its weakest pace since July 2011, at $58.1 billion year over year through the week of April 5, according to the Fed. Reports on sentiment, or soft data, have been encouraging, while so-called hard data such
    Bank lending is rolling over, giving economists some 'hard' data to worry about

  • Former Federal Reserve Chairman Alan Greenspan told CNBC on Thursday the prospect of getting rid of the Dodd-Frank banking regulations has been a driver of higher stocks and would continue to be. “If you get rid of Dodd-Frank, it’s going to have a very significant positive impact on the economy,” he said on “Squawk on the Street,” from the sidelines of the IMF-World Bank meeting of finance ministers in Washington. “In my judgment, that’s where the surge in the stock prices has come from. It’s ve
    Ex-Fed Chairman Greenspan: Get rid of Dodd-Frank and watch economy and stocks soar

  • The memo is a mid-April summation of the changes Republicans are negotiating for the new health-care bill. The Trump administration’s first effort to repeal and replace the Affordable Health Care Act failed earlier this year.
    Read the full health-care proposal memo here

  • Like most leaders, Elon Musk has big ambitions for his team — really big. According to the popular 2015 biography “Elon Musk” by Ashlee Vance, Musk uses a brilliant management trick to get the most out of his people. After interviewing three dozen SpaceX engineers, Vance discovered that Musk doesn’t just set deadlines; he gets people to take ownership over their projects. “He doesn’t say, ‘You have to do this by Friday at 2 p.m.,'” early SpaceX engineer Kevin Brogan tells Vance. You’re working h
    Elon Musk and Steve Jobs' brilliant trick to inspire employees to achieve the impossible

  • Federal Reserve Governor Jerome Powell expressed support Thursday for removing the qualitative standard applied by regulators to regular stress testing of banks. Powell called parts of the Dodd-Frank Act “unnecessarily burdensome” and said some parts may not be needed at all. Jerome Powell, a member of the Fed’s Board of Governors and a voting member of the Fed’s policy-setting committee, said the financial regulations enacted in the wake of the financial crisis of 2008 are “excessively complex.
    Fed's Powell says parts of too-big-to-fail rules 'unnecessarily burdensome' and may not be needed at all

  • A daily morning look at the financial stories you need to know to start the day. STOCKS/ECONOMY-Stock futures are higher after IBM pushed the Dow Jones Industrial Average to another 100-plus point loss Wednesday. We get weekly jobless claims numbers and the Philadelphia Fed survey this morning. -More Americans ages 18-34 now live with their parents than those in their age group who live with a spouse. GM/VENEZUELA-General Motors says Venezuela has illegally seized its auto plant in Valencia.
    Here are the 10 most important stories for investors Thursday morning

  • That’s when Dwyer went neutral. “I’ve been a little bit cautious looking for a correction — too early,” the firm’s chief market strategist said Wednesday on CNBC’s “Trading Nation.” “You rammed so hard after the election, that you went too far, too fast especially in the ‘Trump trade.'” “When you downgrade the market, you’re looking to get back in, you just need to work off some of the overbought conditions,” he said. “Gold is overbought, the VIX is overbought, the yen is overbought and, of cour
    My correction call came 'too early,' but the time to get in may be near: Canaccord's Dwyer

  • “Your subconscious mind works continuously, while you are awake, and while you sleep.” What happens on your subconscious level influences what happens on your conscious level. As Hill further states, “The subconscious mind will translate into its physical equivalent, by the most direct and practical method available.” Consequently, your goal is to direct your subconscious mind to create the outcomes you seek. Additionally, you want to tap into your subconscious mind to unlock connections and sol
    This 10-minute routine will increase your clarity and creativity

  • Shares of steel companies surged after President Trump signed a directive asking for a speedy probe into whether imports of foreign-made steel are hurting U.S. national security. United States Steel Corp. jumped more than 8 percent, as investors doubled down on Trump’s “Made in USA” promise. AK Steel, Steel Dynamics and Cliffs Natural Resources, all steel-related stocks, were up more than 2.5 percent each. Trump signed the memorandum related to section 232 of the Trade Expansion Act of 1962 at a
    US steel stocks skyrocket as Trump launches probe on foreign products

  • President Donald Trump on Thursday criticized Canada for its trade policies, singling out multiple industries in that country and saying among other things that “what they have done to our dairy farmer workers is a disgrace.” Trump frequently singles out individual countries, including close allies, with claims that they’re taking unfair advantage of the United States. “We’re not going to let Canada take advantage [of the U.S.],” Trump told a group of reporters at the White House after a closed
    Trump blasts Canada on trade, calls its actions a 'disgrace'

  • Load More
Skip to toolbar