Kudlow says White House looking at infrastructure plan, including energy pipelines, LNG terminals
President Donald Trump’s administration is looking at a multifaceted infrastructure plan, according to top White House economic advisor Larry Kudlow on Tuesday. “We are looking at infrastructure in many different ways,” Kudlow said on CNBC’s “Squawk on the Street.” “I’d...
Trade war is ‘negative, negative, negative’ for business, investors and consumers, ITC says
The U.S. trade spat with China and other countries is having a negative impact on business decisions and passing on the cost to investors and consumers as a result, the leader of a top trade organization has said. “What I...
Prudential already has a large footprint in China — the challenge is to grow that, says its CEO
China is committed to opening up its insurance sector just as it’s indicated, but it will be on its own time, said Mike Wells, Prudential Group CEO on Tuesday. “Beijing is saying they have a plan for greater opening, and...
Stocks making the biggest moves after hours: PG&E, Eventbrite and more
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Trump to meet with White House trade team to discuss tariffs on European automakers: Report
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Take these steps to control your (over)reaction in the face of market volatility
Gyrating markets, rising rates and significant market volatility will always create anxiety for investors and leave them with a bad, sinking feeling. Those big swings typically cause investors great concern, no matter the rise or fall. But what is the...
SAP is acquiring survey software maker Qualtrics for $8 billion
SAP is acquiring Qualtrics for $8 billion, snapping up the survey software company just before its planned IPO. The all-cash deal has been approved by the boards of both companies and by Qualtrics shareholders, SAP said in a statement on...
Mayflower’s $3 billion money manager says don’t rule out Dow 30,000 next year
Larry Glazer believes a bullish scenario is unfolding on Wall Street, just in time for the holidays. The $3 billion money manager points to impending Washington gridlock as a major factor in his optimism. The polarized result of the midterm...
Jeremy Siegel: With tech down for the count, a ‘surprise’ move could lead the market higher
The stock market can “absolutely” go higher even without technology stocks leading the way, Wharton School finance professor Jeremy Siegel told CNBC on Friday. Tech stocks, which have delivered the best returns in recent years, have been hammered lately. October...
Former Goldman Sachs CEO Lloyd Blankfein attended meeting with disgraced Malaysian financier
Then-Goldman Sachs CEO Lloyd Blankfein attended a 2009 meeting with the Malaysian financier later accused of plundering billions of dollars from his country’s investment fund, according to a person with knowledge of the situation. Blankfein, who retired as CEO last...
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