Pelosi urges Trump to delay State of the Union until partial shutdown ends

Pelosi asks Trump to delay his State of the Union address until the government shutdown ends House Speaker Nancy Pelosi urges President Trump to delay his State of the Union address until the government reopens or submit it in writing to Congress; Mike Emanuel reports from Capitol Hill. House Speaker Nancy Pelosi took the extraordinary step Wednesday of urging President […]

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Individual investors are in their most bearish mood in 3 years, according to E-Trade survey

Individual investors have turned pessimistic about the stock market, with 54% describing themselves as “bearish” in a survey of experienced traders on the E-Trade Financial Corp. ETFC, -0.52%platform that was conducted from Jan. 2–10. Even as the S&P 500 indexSPX, -0.44%has staged an impressive recovery from Christmas Eve lows, this bearishness ranks as the second highest level recorded in the […]

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Larry Ellison discloses $1B stake in Tesla

Oracle’s Ellison calls out ‘political distortions’ at some tech companies “Bulls & Bears” panel on how Oracle co-founder Larry Ellison called out technology companies for their Oracle co-founder Larry Ellison disclosed in a U.S. Securities and Exchange Commission filing on Monday that he owns a $1 billion stake in Tesla, making him the second-largest individual investor in the electric-car maker. […]

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This 37-year-old won $500,000 on 'Deal or No Deal'—now she can afford to go to grad school

Higher education in the United States is expensive:70 percent of college students graduate with student loans, and more than 44 million Americans currently hold $1.5 trillion in student debt. But paying for graduate school just got easier for 37-year-old Courtney Schlaud, who won $500,000 on CNBC’s “Deal or No Deal.” When you come into a huge windfall, like if you […]

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The stock market is on pace for its worst December since the Great Depression

Two benchmark U.S. stock indexes are careening toward a historically bad December. Both the Dow Jones Industrial Average and the S&P 500 are on pace for their worst December performance since 1931, when stocks were battered during the Great Depression. The Dow and S&P 500 are down 7.8 percent and 7.6 percent this month, respectively. December is typically a very […]

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Why Frontier Communications Stock Fell 25.8% in November

What happened Shares of Frontier Communications Corporation (NASDAQ: FTR) sank 25.8% in November, according to data provided by S&P Global Market Intelligence. The telecom company's stock plummeted following third-quarter earnings results that added to a string of recent disappointments and further dampened the business's outlook. Continue Reading Below Frontier Communications reported third-quarter results on Nov. 6, recording a loss of […]

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Stock markets rise after a week of bloodletting

Retail and tech stocks are rising, leading to gains in major U.S. stock market indexes after a week of bloodletting. Technology companies and retailers rallied Monday after a weekend of record consumer spending. Microsoft added 2 percent and Amazon rose 2.4 percent. The Dow Jones Industrial Average gained 340 points, or 1.4 percent, to 24,625. The tech-heavy Nasdaq composite climbed […]

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