Investors should look to India for a prime opportunity within emerging markets, Franklin Templeton’s Mark Mobius says. Mobius told CNBC the emerging markets space as a whole is “going gangbusters.” When asked for his best investment idea, he turned a specific type of company in a specific market. “What’s most exciting in India are the small- and medium-cap companies,” Mobius told “Trading Nation” on Tuesday. “They’ve got thousands of companies listed, and these small and medium caps have not mov

The New England Patriots are the White House today to meet with President Donald Trump who will honor them for their recent Super Bowl championship. While wandering around the White House, it looks like Patriots tight end stepped away from the group and crashed press secretary Sean Spicer’s daily briefing. More from USA Today:An adorable encounter with a grizzly bear in VRNew super-sized Earth may be close enough to detect signs of lifeTrump increases deportations of formerly protected DREAMers”

Making online less expensiveMost retail experts think that both stores and online options give retailers the best chance for success to optimize the shopping experience. The order online, pick up in-store option is the second most profitable, followed by order online, ship from distribution center, and lastly order online, ship from store. Ellison further explained to CNBC “every time an online order touches the store, it actually helps the margin. So for the department store, there are two reas

Major corporations and business titans fueled a record fundraising haul for President Donald Trump’s inauguration in January, according to newly released disclosures. The president’s inaugural committee raised $106.7 million, about double what was raised for President Barack Obama’s 2009 inauguration, a Federal Election Commission filing shows. Bank of America gave $1 million, while JPMorgan Chase and American Financial Group gave $500,000 each. Chevron Products contributed $525,000, Citgo Petro

Facebook on Wednesday unveiled a series of ambitious research projects designed to help humans communicate using new and startling technologies. The development efforts include systems that will allow people to type using their thoughts — or hear through their skin. Dugan joined Facebook in 2016 from Google, where she led a similar group working on advanced projects; prior to that she was a director of DARPA, a U.S. Defense Department group with a similar mission. The company already has 60 eng

That is, if you do your research and stick to a few basic guidelines. To help you make the most out of your next trip without breaking the bank, CNBC rounded up eight tips from experienced world travelers. Read on to learn how to stretch your money on the road. “I remain fiercely loyal to my airlines and hotels of choice to maximize comfort, speed, familiarity and long-term rewards on the road.” Read more about how to pick the best rewards credit card and check out the best travel credit cards o

The stock market is coming to a screeching halt, unless good news comes from two fronts, according to one strategist. TIAA Investments’ Brian Nick says domestic concerns and geopolitical factors in Europe, specifically, need to improve for markets to move higher. On the domestic front, while analysts’ estimates going into the current earnings season were positive, Nick believes the optimism may not be well-warranted. “I’m not sure how much more upside we have even if earnings season comes in as

The market has been caught in a quiet correction for nearly two months, its once-hot sectors now well chilled and investor ebullience coming off the boil. Yet, she concludes that “down-volume was strong enough to suggest the pullback still has a hold on the market.” While this is a start, Suttmeier argues that broader measures of downside hedging with options “are nowhere near the oversold levels that have coincided with important S&P 500 lows.” Does this mean traders are overreacting to modest

Nobody is taking a bigger beating on the slide in IBM shares than Warren Buffett. Berkshire Hathaway’s 81.2 million shares represent about 8.6 percent of total shares outstanding, according to CapitalIQ. The payout so far this year has come to a healthy total of nearly $1.8 billion, assuming his ownership stake hasn’t changed. IBM actually topped Wall Street expectations on the bottom line, earning $2.38 a share against estimates of $2.35. I am confident that the IBM company will grow again,” IB

Equity hedge funds make best start to year since 2013 Tuesday, 11 Apr 2017 | 1:16 AM ET | 02:54After flocking from hedge funds in 2016, investors are beginning to find their way back. In fact, March saw money came back into the $3.1 trillion industry at the fastest pace since August 2015 — a 20-month span that saw fund managers adjust fees and make other concessions as clients fled. The month saw inflows of a healthy $15.7 billion, capping off a first quarter in which a fresh $21.9 billion in ca

When it comes to investment advice, you don’t always get what you pay for. And when it comes to state pensions, it’s not even clear how much those funds’ advisors are getting paid. That’s the takeaway from a recent analysis of more than 70 large pension funds in all 50 states for fiscal 2014 by The Pew Charitable Trusts. Unreported investment fees in 2014 were estimated at more than $4 billion, mostly payments to private equity managers, in addition to the $10 billion in reported investment expe

Investors who run the other way when they hear negative headlines are making a big mistake, according to Mark Mobius of Franklin Templeton. “We’re going to see continued growth,” and investors should “see through” negative headlines to the underlying fundamentals, said Mobius, executive chairman of Templeton emerging markets group. Investors “aggressively” bought emerging market stocks in April, propelling allocations to five-year highs, according to the report. Looking forward, investors ought

Bill O’Reilly is out at Fox News, parent company 21st Century Fox said in a statement on Wednesday. “After a thorough and careful review of the allegations, the Company and Bill O’Reilly have agreed that Bill O’Reilly will not be returning to the Fox News Channel,” the company said. In an internal memo obtained by NBC News, Fox said the decision was made in collaboration with outside counsel. “By ratings standards, Bill O’Reilly is one of the most accomplished TV personalities in the history of

Sen. Elizabeth Warren said her biggest regret is that Donald Trump won the 2016 election. When the Massachusetts Democrat was asked Wednesday on ABC’s “The View” if she regretted not running for president, Warren said: “Look, we all have a lot of regrets, but my biggest regret is that Donald Trump is president of the United States, period. Warren also said she doesn’t understand when people ask her if she thinks Bernie Sanders should have dropped out of the race earlier, explaining the Democrats

Earlier on Wednesday, the U.S. Energy Information Administration (EIA) said U.S. crude stocks fell 1 million barrels on the week, a bit less than anticipated. A surprise build in gasoline inventories despite heavier refining activity, along with an increase in U.S. crude production, largely pushed prices lower. Kilduff also noted that U.S. daily production increased to 9.25 million barrels per day. U.S. crude for May expires Thursday, and traders are dumping their oil contracts ahead of that, on

U.S. government debt prices were lower on Wednesday as investors await fresh economic data. The yield on the benchmark 10-year Treasury notes, which moves inversely to price, was higher at around 2.209 percent, while the yield on the 30-year Treasury bond was also higher at 2.867 percent. The two Treasury notes hit their lowest levels since November in Tuesday’s session. The benchmark yield hit its lowest level since November on Tuesday. Lyngen noted that the 2.20 percent to 2.25 percent yield l

Volatility returns to the markets: Pro Monday, 17 Apr 2017 | 7:06 AM ET | 03:14U.S. equities traded mostly lower on Wednesday, with IBM and oil prices pushing down the Dow Jones industrial average. The Dow traded about 100 points lower with IBM accounting for 56 of those points, while Chevron added 11 points to the downside. IBM posted mixed quarterly results as earnings beat but sales fell for the 20th straight quarter on a year-over-year basis. The energy sector fell more than 1 percent as U.S

A daily morning look at the financial stories you need to know to start the day. STOCKS/ECONOMY-Stock futures are higher after Tuesday’s 113 point loss for the Dow Jones Industrial Average fueled by the rare earnings miss by Goldman Sachs. At 2pm Eastern Time we get the Fed’s Beige Book report on economic activity. -Morgan Stanley shares are higher after it just posted strong first-quarter earnings. -The IMF says its projections for U.S. economic growth will have to be revised down if President

Credit Suisse raised its rating for Coca-Cola shares to outperform from neutral, saying the beverage company’s new “asset-light” business model will drive profit growth for the next two years. Coca-Cola President James Quincey, who becomes CEO on May 1, has vowed to refranchise and sell 100 percent of the company’s North American bottling operations by the year-end. “After the refranchising, the core Coke business will deliver EPS growth not seen for at least the last five years,” analyst Lauren

Earnings season is among the most volatile times for short-term traders and this one will be no exception with many cult stocks expected by the options market to have double-digit percentage swings in any direction. With this in mind, MKM Partners derivatives strategist Jim Strugger gave his best short-term earnings trade ideas in a note to clients Wednesday. Here are the two companies he recommends and the specific options trade to use to maximize your returns. Advanced Micro Devices (AMD)AMD i