Netflix Inc.: “Candidly, I’m not a fan of Netflix. I’m not a fan of Netflix because I think that a lot of it depends on the content and I just don’t find the content as compelling as it once was. I think it’s a good story, but not a great story, because it’s up so
Snap Inc.’s stock price may have fallen to just over $6 a share — down about 70 percent from where the stock started publicly trading — but even this low price shouldn’t fool investors, CNBC’s Jim Cramer said Friday. “Do not be tempted by Snap’s $6-and-change share price. It’s not a bargain,” he warned. “At
President Donald Trump’s meeting with Chinese President Xi Jinping at this weekend’s G-20 summit will be a defining moment for the U.S. economy and the stock market, so investors have to be prepared, CNBC’s Jim Cramer said Friday. Leaders of the world’s top 20 economically developed nations, known collectively as the Group of 20 or
A compromised passport number could be your ticket to identity theft woes. Marriott International announced Friday that hackers had accessed the reservation database for its Starwood Hotels brand, compromising data for 500 million guests. For 327 million of those affected consumers, the hotelier said, the information compromised “includes some combination of” data points including name,
O cannabis! Jon Fortt sits down with Danny Danko, High Times Senior Editor and Adam Bierman of Medmen Enterprises to discuss. the legalization of marijuana in Canada and the impact it will have around the globe. Fortt Knox is a weekly podcast from CNBC anchor Jon Fortt . Previous episodes of the program can be
How much is too much when it comes to screen time for kids? Jon Fortt sits down with three experts to discuss, including NPR’s lead education blogger Anya Kamenetz; social media influencer and author Katherine Ormerod; and child and adolescent psychologist Dr. Richard Freed. Fortt Knox is a weekly podcast from CNBC anchor Jon Fortt
Amazon feels the heat in niche markets. Jon Fortt speaks with Chegg CEO Dan Rosensweig on disrupting e-commerce and taking on Amazon in education. Plus — former Amazon Insider Nadia Shouraboura and Revzilla Founder Anthony Bucci on what it takes to challenge the e-commerce king. Fortt Knox is a weekly podcast from CNBC anchor Jon
Wall Street is loading up on boring stocks as year-end approaches, a trend that could signal investors are worried the recent market volatility could continue. Net inflows into exchange-traded funds that track high-dividend, low volatility stocks are above $500 million on an eight-week rolling basis — the first time since 2016 — according to data
Here’s a question you probably haven’t been asked: “Who are you when you are not working?” In other words, how do you define yourself outside of work? If you’re struggling for an answer, you’re not alone. Too often, traditional retirement planning assumes that if you have the right amount of money and asset allocation, things
Financial advisors who beat the save-early-and-often drum might want to stifle their agonized groans. To that point, 59 percent of investors ages 18 to 34 say they already have taken money from their retirement account, according to recent research by E-Trade Financial. That figure has been growing steadily since 2015, when it was 31 percent.
The top-floor unit retains the building’s original 17-foot vaulted ceilings.Compass Real Estate ‘Twas the season before Christmas when two property owners in a historic Chelsea building decided to put their condo up for sale. The unit is nestled in an 1830s building on land once used as an apple orchard by Clement Clarke Moore, author
At this point, if you haven’t adjusted your tax withholding at work, you should prepare yourself to owe the IRS or get a smaller refund in 2019. Though Uncle Sam has repeatedly warned filers with high incomes and dependents, as well as retirees, to ensure that they are withholding sufficient income tax in 2018 in
This holiday season could be a good time to knock down your student debt. Gift of College, an education registry, lets people register their student loan account, and then share their profile with friends and family who can contribute funds toward your loans. “Wouldn’t you rather get Aunt Emma to kick in toward your student
If you’ve stayed at a Starwood Hotel property in recent years, your personal information may have been compromised. Marriott International announced Friday that hackers had copied data from the reservation database for its Starwood Hotels brand, with unauthorized access dating back to 2014. “The company has not finished identifying duplicate information in the database, but
If you were reluctant about investing in bitcoin before, you’ve probably completely given up on the idea now. The cryptocurrency is trading at around $4,000, a steep drop from its all-time high of nearly $20,000 last December, according to data from CoinDesk. Investors looking for clues on how to move forward are likely to find
Twitter shares have lost altitude. The social network has been in a tailspin since the summer, losing more than one-third of value after hitting 52-week highs in June. One technical analyst foresees a bounce. “I actually am pretty constructive on Twitter at current levels,” Mark Newton, technical analyst at Newton Advisors, told CNBC’s “Trading Nation”
Colorful donuts on a wooden brown backgroundGetty The last few days have been a blur, I was in Delray Beach on Tuesday and Fort Lauderdale on Wednesday, meeting with area chapters of AAII (American Association of Individual Investors). Now I’m up in New York City, planning to meet a few REITs and tour a few
Christa Luedtke, center, founder of Boon Hotel + Spa in Guerneville, a town in California’s Sonoma County.Photo courtesy of Boon Hotel + Spa A couple of months ago, Crista Luedtke — the founder of Boon Hotel + Spa in California’s Sonoma County — received a handwritten letter out of the blue. According to Luedtke, it read, “I just
DowDuPont Inc.: “I think you should buy more. I told people at a Deal Economy conference, a part of TheStreet.com, today that I think the breakup pain is over and the gain is about to start. Please, let’s not write off [CEO] Ed Breen. He’s done it before. He’s going to do it again. Three
Bull market business concept with a group of organized arrows going up as investor confidence in stock trading predicting future price increases as a financial symbol of profits.iStock They should be. Alternative investments are continuing to gain popularity for investors seeking to diversify their retirement plan assets, and advisors are taking notice. Savvy investors and their
Members of the defense team for Paul Manafort depart the federal court in Alexandria, Va., Friday, Oct. 19, 2018. (AP Photo/Andrew Harnik)ASSOCIATED PRESS Paul Manafort, President Trump’s former campaign chairman, signed a deed on Oct. 25 in his Virginia prison that transferred his five-bedroom mansion in Florida’s Palm Beach Gardens to his wife for $10.
Owning property in a landmark building like The Dakota, at 72nd Street and Central Park West, is seen as a status symbol, experts said.StreetEasy Despite the scramble to construct high-end new developments in New York City, its oldest buildings are more likely to retain their value over time, according to a recent report from StreetEasy.
November’s sell-offs have pushed the popular FAANG stocks well below their average Wall Street price targets. Facebook, Apple, Amazon and Google parent company Alphabet are now at least 20 percent below analysts’ expectations, while Netflix is as much as 35 percent below its average target. Matt Maley, equity strategist at Miller Tabak, said FAANG’s recent
Reverse mortgages have a relatively short history in the United States, beginning in a bank in Maine in 1961. The 1987 Housing and Community Development Act saw the federal government systemize reverse mortgages through the Home Equity Conversion Mortgage (HECM) program under the auspices of the US Department of Housing and Urban Development (HUD). A
The War of the Roses could continue indefinitely. And one key deadline could force couples to come to an agreement before the end of the year. Dec. 31, 2018 is the date by which couples need to get the terms of their divorce settled before the tax rules on alimony change, a result of the
If you’ve recently graduated and skated through half a year without too much thought about your student loan debt, it’s time to pay the piper. For federal loans, which make up the bulk of student debt, there is generally a six-month grace period after graduation that gives borrowers time to get on their feet before
For many consumers, the real magic of the holiday season is the sleight of hand it takes to hide overspending from their spouse. Almost half of Americans say their spouses or significant others do not know how much they spend during the holiday season, according to a new survey from Swagbucks.com, of 1,000 U.S. adults.