Romney, other senators signal enough Republicans could support calling witnesses at Trump’s impeachment trial

As the Senate prepares to vote this week on whether to subpoena new witnesses or documents in President Donald Trump’s impeachment trial, Mitt Romney and other senators are adding to speculation that the vote might have a chance. The Republican lawmaker from Utah made the following comment to reporters on Monday: Romney also said that revelations from Bolton’s forthcoming book […]

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Intel earnings: How Intel figures in data-center recovery is key

Intel Corp. is looking to hand in its second quarter of revenue growth in a row after sales stalled at the beginning of 2019, but only if data-center sales growth can offset declines in the chip maker’s largest segment. Intel INTC, -0.10% is scheduled to report fourth-quarter earnings after the market close on Thursday. At CES, Intel announced new laptop and […]

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The real Santa Claus rally is yet to come

The only stock-market rally that deserves the name “Santa Claus” doesn’t arrive until Christmas — just like the man himself. To be sure, the market’s rally in recent weeks has been impressive, with the Dow Jones Industrial Average DJIA, -0.13%  more than 5% higher than where it started the fourth quarter and the S&P 500 SPX, -0.02%  more than 7% […]

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Putting all your money into stocks is still a bad idea

I rise, your Honor, in defense of the 60/40 portfolio. I do so to counter the growing consensus that the standard asset allocation of 60% equities and 40% bonds is “dead.” Just last week, CNBC anchor Becky Quick added her voice to this chorus, saying that “you’re never going to make enough money if you have 40% of your money […]

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