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  • The stock market has risen sharply since President Donald Trump’s election win in November, but can those returns continue? In the market, one never knows what is coming next,”said Jack Bogle, founder of The Vanguard Group. In an interview with CNBC’s “On The Money,” the retired chief executive of the index-fund giant sees a change in returns for individual investors in the stock market. Today, Bogle says “we’re looking for a 4 percent nominal return and one and a half to 2 percent inflation, fo
    Tips from Vanguard founder Jack Bogle for 'hazardous times'

  • President Donald Trump declared on Sunday that neither the U.S. or China would be “happy” if North Korea tested more missiles, adding that “we’ll see” if military action would be needed to curb the country’s nuclear ambitions. Trump added that Chinese President Xi Jinping would feel the same. When asked whether the U.S. would resort to military action, Trump replied: “I don’t know. Barely 24 hours ago, North Korea tested a short range missile that failed instantly, in the face of widespread inte
    Trump warns North Korea on missile tests, says 'we'll see' if military action is needed

  • “We are using labor in China instead of a machine because labor is cheaper than maintaining machines. If you relocate factories to the States you need to think of how to manage the workers,” Zeng explained. Zeng never saw the strike he was there to monitor, but he believes that sort of strike could easily happen in the U.S. “We don’t have labor unions in China. He added that high turnover and lack of labor leadership makes strikes unlikely in China. For ordinary workers, it’s very hard to have a
    iPhone factory observer: why Trump can't bring manufacturing jobs back

  • The United States is prepared to kill the North American Free Trade Agreement (NAFTA) if renegotiation efforts prove fruitless, President Donald Trump said on Sunday. “I got a very nice call from Justin Trudeau, the prime minister of Canada,” Trump told CBS. After conversing with Trudeau and Mexican President Enrique Pena Nieto, Trump said he would negotiate. However, the president added that “if I’m not able to renegotiate NAFTA, I will terminate NAFTA.” Last week, Trump raised eyebrows after h
    Trump says he'll kill NAFTA if he's not able to renegotiate a better deal

  • The U.S. government’s spy tools are being revealed. Wikileaks continues to publish alleged CIA hacking techniques for smart devices, including smart TVs and smartphones. And recently a treasure trove of alleged hacking tools used by the NSA were leaked by hacking group, Shadow Brokers. Experts say the leaks could open the door for cybercriminals to use the same tactics to target consumers. Now, Mitnick advises companies and consumers on how to protect themselves from cybercriminals.
    Cybercriminals have taken notice of leaked government spying techniques

  • David Stockman has a stern message for investors: They’re living in a fantasy land about Trump. In a recent interview on CNBC’s “Futures Now,” the former director of the Office of Management and Budget under President Reagan said that “Wall Street is totally misreading Washington,” and President Trump’s promises of tax reform will be “dead before arrival.” “I like [the tax plan] but you have to pay for it either with a new tax like the border adjustment tax, which is dead, or spending cuts which
    David Stockman: Trump's tax plan is 'dead on arrival' and Wall St. is 'delusional'

  • Josh Elman of Silicon Valley venture capital firm Greylock Partners knows about keeping an eye out for the next hot industry. In the early 2000s Elman was so intrigued by social networking, then a fledgling industry, that he dropped out of business school to pursue a job at LinkedIn. It’s important for job seekers to focus on the unique value they can bring to an employer. For that reason, Elman says he’s hesitant to hire job seekers who say they want to join a company to have a learning experie
    Silicon Valley VC: 7 things to study if you want a high-paying job in the future

  • WHAT’S HAPPENING: The individual tax rate may be going downWHY IT MATTERS: More money in your pocketTrump also wants to lower your personal income tax and simplify the process. Lower taxes means more money in your clutch. The number of income brackets would be reduced from seven down to just three: 10 percent, 25 percent and 35 percent. The proposal would also eliminate the estate tax, which right now applies to inheritances upwards of $5.5 million. Oh, and it also needs to be approved by Congre
    The biggest money news of the week in 60 seconds

  • On President Trump’s 100th day in office, thousands of climate activists descended on Washington, D.C., to send the president a message — climate change is real. The gathering, already a familiar sight during Trump’s nascent presidency, came together under the banner of the People’s Climate March. Several demonstrators said they were inspired to march by new reports that the Environmental Protection Agency (EPA) removed references to climate change from its website late Friday night. EPA adminis
    People’s climate march spurs thousands to descend on the White House

  • “And they’re sitting and they’re wishing in Washington – they’re watching right now – they would love to be with us tonight. To the cheers of the crowd, Trump listed numerous achievements he said he has accomplished in the first 100 days since the inauguration. On Feb. 25, Trump announced he wouldn’t be attending the dinner on Twitter, but sent his best regards. “I will not be attending the White House Correspondents’ Association Dinner this year,” Trump wrote. Trump is the first president to mi
    Trump touts first 100 days record, slams the press in campaign-style fally

  • Jack Frost is nipping at France’s vineyards as a spring cold snap has swept across some of the country’s most famous wine regions, including Bordeaux, Champagne and Burgundy. Scroll through to see how some farmers are using fire to try to save their vineyards.
    In pictures: French farmers use fire to try to save their vineyards

  • With the S&P 500 Index closing in on record highs this week, the question of how richly stocks are valued looms large in the market conversation—and well-known academics Robert Shiller and Jeremy Siegel have very different answers. Shiller is referring to the cyclically adjusted price-earning (or CAPE) ratio, which he helped develop and popularize. As Shiller also pointed out, the CAPE ratio was about the same in 1998, but it continued skyward as the dot-com froth escalated into a full-fledged b
    Robert Shiller vs Jeremy Siegel on stock valuations

  • The organizers of Fyre Festival are now pledging to overhaul the failed event and try again next year. In a statement released on Saturday, Fyre Festival’s organizers explained how the high-end concert — which cost participants thousands of dollars to attend — went awry. Once party-goers arrived in the Bahamas, all of the promised luxury accommodations, chart-topping artists, celebrities and even food were nowhere to be found. This is an unacceptable guest experience and the Fyre team takes full
    Fyre Festival apologizes for Bahamas fiasco, vows to put on a new event in 2018

  • The first few weeks of Donald Trump’s presidency were flooded with jobs announcements with a common theme: bringing jobs back to America. While some companies were eager to provide big, tweetable numbers a few months ago, progress has been a little slower. In January, Amazon touted plans to hire 100 thousand “new, full-time, full-benefit jobs” across the nation over the next 18 months. Who could forget Softbank’s Masayoshi Son’s visit to Trump Tower in December where he pledged to invest $50 bil
    Here's how tech companies are living up to their promises to create jobs in Trump's America

  • When it comes to criticism, Ray Dalio wants you to give it to him straight. But from the stage at the TED conference in Vancouver, Dalio said it was an idea he wanted to spread. If you in any way think my view is wrong, please ask the others or we can talk about it. And it’s great because if I don’t let Jim and people like Jim express their points of view, our relationship wouldn’t be the same.” Serial entrepreneur and investor Marcus Lemonis looks for employees who’ll tell him flat out that a b
    Why hedge fund titan Ray Dalio says you shouldn't pull punches when you criticize your boss

  • The White House released on Saturday a slickly produced reel of President Donald Trump’s accomplishments since his inauguration, using mainly news video clips to show how Trump “went right to work” during his first 100 days in office. Ahead of a rally in Pennsylvania, the administration published the YouTube video—relying heavily on clips from various cable news networks which he frequently denounces as propagating “fake news.” The clips are primarily Fox News, but also pulled from CNN and MSNBC
    'He's pretty close to perfect': New video shows how the White House views Trump's first 100 days

  • The CR holds spending to prior-year enacted levels for the budget and stops any new programs that were previously not funded. The CEOs of the nation’s top defense contractors also vented this week on first-quarter earnings calls about the budget mess. Still, they remain generally upbeat about the outlook for U.S. defense spending and foreign military sales. “We feel a further lack of budget clarity could have longer-term consequences for our armed forces and our industry.” “We’re in the marketpl
    Defense industry CEOs vent about ongoing budget mess in Washington

  • WASHINGTON — In a meeting at the White House with business leaders two weeks into his presidency, Donald J. Trump turned to Jamie Dimon, the chief executive of JPMorgan Chase. “As he’s shaping his view, he is kind of learning a lot of things,” Mr. Phillips said of Mr. Trump. Some business leaders have parlayed their White House access into support for specific causes. Executives are hoping the White House will support putting federal education grants toward skills-training programs rather than j
    White House Is Open for Business Leaders (and Their Ideas)

  • Yet Peter Norvig, a leading artificial intelligence scientist and a director of research at Google, thinks that’s far-fetched. The real worry is how to prepare for the mass elimination of jobs that is surely coming, he said. “I certainly see that there will be disruptions in employment … we’ve already seen a lot of change, that’s going to continue,” Norvig said in an interview, before a lecture on machine learning at the Stevens Institute of Technology. By now there’s wide consensus on this matt
    Here’s how one of Google’s top scientists thinks people should prepare for machine learning

  • China’s semi-official Global Times newspaper criticized an ongoing “game of chicken” between North Korea and Washington but also knocked Pyongyang’s tech talents. Moreover, it contends North Korea’s missile tests are not just for research and development purposes but part of “an outdated confrontational mentality” demonstrated by the hermit regime. “Missile tests are North Korea’s way of expressing its dissatisfaction, and the most recent test is a typical example,” the paper said. North Korea l
    Chinese paper mocks North Korea's tech prowess after failed ballistic missile launch

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