cartoon character Daffy Duck wails, spit flying and lisp in full effect as he stuffs Bugs Bunny down a rabbit hole in hopes of keeping the pile of treasure all to himself. For baby boomers, there’s a lesson to be learned from the wacky duck of their youth — think of the pile of gold coins as your Individual Retirement Account. Traditional IRAs are funded with pre-tax dollars, which can help lower your taxable income, and contributions also grow tax free. Taking a page from our friend Daffy, that

But the official said the U.S. government is concerned that foreign governments could be working with such firms to secretly amass enormous data sets of American DNA and health information. “But in the very near future if your health information or DNA sequence is taken — once it’s gone, it’s gone. Short of that, foreign adversaries could use stolen American data to become quicker to come up with solutions to future pandemics or diseases like Zika and SARS. Still, the official said the economic

But researchers say it points to the broader risks that come with technology’s embedding into the nooks of our lives. That allowed them to interfere with software that relies on the smartphone, like an app used to pilot a radio-controlled toy car. Still, computer security researchers said the discovery was not a sky-is-falling bug but rather a revealing window into the cybersecurity challenges inherent in complex systems in which analog and digital components can interact in unexpected ways. The

The chairman of the U.S. Senate Intelligence Committee said on Tuesday he plans to hold public hearings on possible links between President Donald Trump’s campaign and Russia, although he did not say when they would take place. “It will happen,” Republican Senator Richard Burr told reporters after a closed committee meeting. The House of Representatives Intelligence Committee, which, like the Senate panel, is conducting its own investigation of the possible Russia ties, will hold its first publi

LinkedIn co-founder Reid Hoffman joined Microsoft’s board on Tuesday, where he hopes to deepen Microsoft’s Silicon Valley ties and work on artificial intelligence. Microsoft agreed to buy LinkedIn for $26.2 billion in June, as CEO Satya Nadella continues to revamp Microsoft’s portfolio. Hoffman, who was chairman of LinkedIn’s board, announced his move in a LinkedIn post. He, Nadella and Microsoft co-founder Bill Gates thought a Microsoft board seat would be the best way for Hoffman to “serve Lin

The Labor Department said Tuesday that producer prices came in hotter than Wall Street expected last month. The big inflation report, the consumer price index, is out Wednesday and is expected to show a similar trend. History tells us certain kinds of stocks thrive during inflationary environments. Using hedge fund analytics tool Kensho, CNBC PRO found 32 periods going back to 1981 when CPI annual growth was between 2 and 3 percent. Here were the best and most consistent performers in the S&P 50

Morgan Stanley’s Katy Huberty said the new iPhone from Apple later this year will be so innovative that a rush of people will upgrade, driving much higher sales than the rest of Wall Street currently expects. “We do not think the super cycle is fully appreciated,” Huberty told CNBC PRO in an exclusive interview. The analyst projects 20 percent unit growth for the iPhone in fiscal 2018, double Wall Street’s current 10 percent growth estimate. Huberty said her “bull case” calls for 30 percent unit

Bitcoin investors have taken the U.S. regulators decision last week to reject listing a bitcoin-backed exchange-traded fund (ETF) in their stride and are continuing to invest in the digital currency. However, the price for the crypto currency has since recovered back to around $1,233. The regulator’s primary concern was consumer protection, according to Charles Hayter, founder of digital currency comparison website CryptoCompare. Following the regulator’s decision, investors remain optimistic no

Months of spin and political rhetoric will culminate in Dutch voters heading to the polls this week, with investors contemplating what the general election could mean for their portfolios. Using hedge fund analytics tool Kensho, CNBC conducted a study to show how stock indexes in Europe perform following Dutch elections. The data shows the average return following 11 different elections in the Netherlands, which date back to the early 1980s.

The game earned $200 million in its first month and served as an introduction for augmented reality games to most people. But as addictive as the game was, “Pokemon Go” was ultimately just a time suck for most people. Now a U.K. startup is utilizing the same concept to offer actual physical rewards to players. The game works like this: Players use augmented reality to find parcels that contain some kind of swag (much like you’d hunt for Pokemon in the better known game). Companies pay Snatch for

The problem is that most of those devices have software vulnerabilities by design,” Atias said. The device connects to your Wi-Fi router and essentially filters any traffic coming through it to detect and prevent malicious software. It is being released this month in the U.S. and will cost $199 which includes 12 months of service. Atias said that Dojo keeps on top of security by learning the behavior of a device and detecting if it’s acting in an unusual way. Dojo is constantly learning the beha

According to new research from the University of Southern California and Indiana University, up to 15 percent of Twitter accounts are in fact bots rather than people. Researchers at USC used more than one thousand features to identify bot accounts on Twitter, in categories including friends, tweet content and sentiment, and time between tweets. Using that framework, researchers wrote that “our estimates suggest that between 9% and 15% of active Twitter accounts are bots.” Since Twitter currently

January’s jobs report blew the doors off the Wall Street consensus estimate when it was released a month ago, boosting the whole market and one Dow Jones industrial average member in particular that day and in the month since: Boeing. The plane maker is up more than 11 percent since that jobs report. The last jobs report beat the Street by more than 50,000. (UPDATE: February’s nonfarm payrolls rose by 235,000, higher than the 190,000 consensus of economists.) According to hedge fund analytics to

Enterprise cloud firm ServiceNow says it is accelerating its growth in Asia, and insists a change at the top won’t impact its ambitions in the region. “As many people know, it’s very, very tricky to have a successful CEO transition, and you’re going to have to strike when the iron is hot. After six years with the company, he will step aside from his CEO role so Donahoe can take charge. “Our plans are to be a $4 billion company (in annual revenue) by 2020 and we’re really excited. ServiceNow has

The second strongest bull market in history turns 8 years old on Thursday. Since the market bottom on March 9, 2009, the S&P 500 index is now up a whopping 250 percent, led by consumer discretionary stocks, which have rallied 446 percent when accounting for dividends reinvested. One stock in the S&P 500 is up more than 9,000 percent since the run began. Using the quantitative tool Kensho, CNBC PRO ran the numbers to find out the biggest winners of this massive rally. Here are the results:U.S. in

The bull market turned eight Thursday, but many investors are not celebrating. Raymond James’ Jeff Saut told CNBC the bull is not over, but it’s long overdue for a pullback, one that could turn into a full-blown 10 percent correction. So what works during corrections that take place during a bull market? We looked at the average performance of every S&P 500 member during the last seven bull market corrections, as well as the 10-Year Treasury and gold. Here’s what managed to trade into the green

Oil is down more than 8 percent so far this week and it’s no coincidence to see the S&P 500 struggle as well. History shows the stock market rarely finishes higher during a week when crude prices decline significantly. Using Kensho, we found more than 100 five-day periods in the last decade when WTI crude declined by 5 percent or more. Here’s the average performance of the S&P 500 and other relevant securities during those five-day periods:

Fed on track for 3 rate hikes this year: Jeff Saut Thursday, 9 Mar 2017 | 7:03 AM ET | 03:10The odds the Federal Reserve will announce a rate hike at next week’s FOMC meeting have jumped again. According to the CME Group’s FedWatch tool, the probability of a rate increase was over 90 percent on Thursday – with the expectation the benchmark fed funds rate will rise by 25 basis points to the range of 0.75 percent and 1 percent. Since 1994, there have been 33 fed funds rate hikes. Using hedge fund

Raymond James chief investment strategist Jeffrey Saut shared his market views in an interview Thursday on CNBC’s “Squawk Box.” On the market: “I’m still sticking with a cautious stance here given the upcoming budget ceiling,” he said. I think the bull market in fixed income is over,” Saut said. On rates: “I think the Fed is going to raise rates, but I think it’s going to be very slow paced. Saut joined Raymond James in 1999 and spent more than four decades on Wall Street in various equity resea

How do you frustrate a CIA hacker? Show them Chinese. “I do not speak Chinese,” he wrote in an internal post in 2014. A dialogue box in Chinese had kept popping up on screen as the agent tried to install a test program on a computer running the Windows operating system. Unable to understand what the box said, he tried everything from setting the system region to an English-speaking zone to forcing the program installer to use English.