Symbol Price Change %Change DJIA 26426.30 -26.36 -0.10% NASDAQ 8015.29 15.06 0.19% S&P 500 2906.59 -0.47 -0.02% GOLD 1276.90 -0.2999 -0.02% OIL 64.11 0.06 0.09% US 10-YR 2.596 0.002 0% EUR/USD 1.1299 0.0019 0.17% VIX 12.40 0.22 1.81% Stock Indexes Symbol Price Change %Change TRAN 10953.92 127.20 1.17% UTIL 771.61 -0.08 -0.01% NASD 100 7693.42 […] Read more
Ford Motor Co. is investing $900 million to set up both a battery-car plant — its second — and an autonomous vehicle center in Southeast Michigan, not far from its headquarters in the suburb of Dearborn. It’s part of the Detroit automaker’s push to lead in autonomous vehicles while also trying to catch up to […] Read more
Younger Millennials Become a Home Buying Force The National Association of Realtors is reporting this week that one in six Gen Xers purchased a multi-generational home, overtaking younger boomers as the generation most likely to do so; with 52 percent of those Gen X buyers indicating that they did so because their adult children have […] Read more
Despite rising concerns about growth this year, the CNBC All-America Economic Survey finds confidence in the economy holding up, dropping from the optimistic heights of last year but maintaining relatively strong levels. The survey of 800 people across the country, with a margin of error of plus or minus 3.5 percentage points, shows half believe […] Read more
Swing traders were aggressively buying banking shares in the UAE for a second day on Monday as the government decided to consolidate debts that its citizens owed to the government. Traded value on the Dubai Financial Market (DFM) jumped to Dh355 million due to buying in banks from a paltry Dh80 million in the previous […] Read more
New York City’s deputy mayor for housing and economic development, Alicia Glen, told CNBC on Friday, her last day in office, that she’d like to see more women running big companies — and if that were the case, deals like the now-scuttled Amazon headquarters plans for Queens might have different outcomes. “Maybe if there weren’t […] Read more
The amount of $100 bills in circulation is surging. And it’s leaving some economists scratching their heads. The number of outstanding U.S. $100 bills has doubled since the financial crisis, with more than 12 billion of them across the world, according to the latest data from the Federal Reserve. C-notes have passed $1 bills in […] Read more
At 95, Charlie Munger is best known for his steady role as the right-hand man of investing legend Warren Buffett. As the vice chairman of Berkshire Hathaway, Munger is worth $1.7 billion, according to Forbes. In addition to the his role alongside Buffett, Munger is chairman of the publisher the Daily Journal Corp. and is […] Read more
British teenagers expect to earn as much as £70,000 a year ($89,750) by the time they hit 30, a figure that’s a lot higher than the current national average, according to a survey published by financial services provider OneFamily this week. For teenagers expecting to earn “a lot” of money by their thirties — which […] Read more
Markets have been mixed in their response to President Trump’s combative State of the Union address while investors shift their attention to any signs for the economy from Federal Reserve chair Jerome Powell. European shares sunk lower after disappointing results from BNP Paribas and Daimler. The Australian dollar plunged 1% after the central bank opened […] Read more
