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10/22/2017 07:00 AM
Here's How Much the Average 50-Something American Has Saved for Retirement

Here's How Much the Average 50-Something American Has Saved for RetirementHow do your savings compare?


10/22/2017 10:09 AM
Gretchen Carlson: It’s ‘Horrifying’ Fox News Renewed Bill O’Reilly’s Contract Amid Sexual Harassment Claims

Gretchen Carlson: It’s ‘Horrifying’ Fox News Renewed Bill O’Reilly’s Contract Amid Sexual Harassment ClaimsA new report claims the network knew about sexual harassment claims against him.


10/22/2017 01:31 PM
3 Dividend Stocks That Should Pay You the Rest of Your Life

3 Dividend Stocks That Should Pay You the Rest of Your LifeWant to put the power of reinvested dividends to work for your portfolio? Take a look at 3M, Genuine Parts, and Waste Management.


10/22/2017 12:08 PM
Trump: I doubt I'd be here if it weren't for social media

Trump: I doubt I'd be here if it weren't for social mediaFormer House speaker Newt Gingrich discusses the president's use of Twitter on 'Sunday Morning Futures.'


10/22/2017 11:37 PM
Philippines troops find dead, soon to declare end of siege

Philippines troops find dead, soon to declare end of siegePhilippine troops have captured a building where pro-Islamic State group militants made their final stand in southern Marawi city and found about 40 bodies of suspected gunmen inside, two security officials ...


10/22/2017 09:36 AM
401(k) Contribution Limits Are Going Up for 2018 -- but That Won't Affect the Average American

401(k) Contribution Limits Are Going Up for 2018 -- but That Won't Affect the Average AmericanParticipants in employer-sponsored retirement plans will get the option to set aside an extra $500 next year. But most people won't take advantage of it.


10/22/2017 05:00 PM
Did Intel Just Fire a Shot Across the Bow of AMD and NVIDIA?

Did Intel Just Fire a Shot Across the Bow of AMD and NVIDIA?Intel is clearly targeting the gaming market with its latest CPU, but is this more smoke than fire?


10/21/2017 01:32 PM
Tesla strikes another deal that shows it's about to turn the car insurance world upside down (TSLA)

Tesla strikes another deal that shows it's about to turn the car insurance world upside down (TSLA)Tesla has created a customized insurance package, InsureMyTesla, that is cheaper than traditional plans because it factors in the vehicles' Autopilot safety features and maintenance costs. InsureMyTesla has been available in 20 countries, but Tesla just recently partnered with Liberty Mutual to make the plan available in the US. InsureMyTesla shows how the insurance industry is bound for disruption as cars get safer with self-driving tech.


10/21/2017 03:57 PM
GOP Tax Plan Will Have Fourth Bracket for Top Earners, Could Lower Retirement Deductions

GOP Tax Plan Will Have Fourth Bracket for Top Earners, Could Lower Retirement DeductionsGOP Tax Plan Will Have Fourth Bracket for Top Earners, Could Lower Retirement Deductions


10/22/2017 01:00 PM
Will Demand For Offshore Rigs Ever Recover?

Will Demand For Offshore Rigs Ever Recover?Offshore drilling companies have struggled since the oil price crash, idling rigs due to high costs, but a revival might be underway


10/22/2017 07:13 AM
China Races to Catch Up to SpaceX

China Races to Catch Up to SpaceXBut how do you beat a company that launches half the world's satellites?


10/22/2017 08:17 AM
Should You Avoid Celgene Stock After Its Big Pipeline Setback?

Should You Avoid Celgene Stock After Its Big Pipeline Setback?The market is reacting like Celgene's future hinged on failed Crohn's disease drug GED-0301. It doesn't.


10/22/2017 08:59 AM
Airbus turmoil overshadows bid to rescue CSeries

Airbus turmoil overshadows bid to rescue CSeriesAirbus's coup in buying a $6 billion Canadian jetliner project for a dollar stunned investors and took the spotlight off a growing ethics row last week, but internal disarray has raised questions over how smoothly it can implement the deal. The European planemaker secured the deal for Bombardier's CSeries programme by pledging to throw its marketing might behind the loss-making jets, just as the Airbus sales machine reels from falling sales and internal and external corruption investigations. Chief Executive Tom Enders has urged staff to keep calm in the face of French reports describing payments to intermediaries and growing concern over fallout from the investigations.


10/22/2017 10:18 AM
Is Bank of America Stock Still a Bargain?

Is Bank of America Stock Still a Bargain?Check out what two key valuation metrics have to say.


10/22/2017 09:01 AM
This Marijuana Stock Could Be the Biggest Comeback Story of 2018

This Marijuana Stock Could Be the Biggest Comeback Story of 2018This cannabinoid-focused biotech stock is down -- but not out.


10/22/2017 07:15 AM
How Much Will My Social Security Be In 2018?

How Much Will My Social Security Be In 2018?Social Security is heading higher, but there's a twist that could leave some Americans frustrated.


10/22/2017 11:27 AM
President Trump talks possibility of fifth tax bracket

President Trump talks possibility of fifth tax bracket'Sunday Morning Futures' panel reacts to the president's remarks.


10/22/2017 11:41 AM
3 Arguments for and Against Legalizing Marijuana

3 Arguments for and Against Legalizing MarijuanaWhere do you stand?


10/22/2017 06:00 PM
Stop Panicking About Poor Apple Inc. iPhone 8 Sales

Stop Panicking About Poor Apple Inc. iPhone 8 SalesDon't get too worked up about the reports of iPhone 8 production cuts.


10/22/2017 12:35 PM
Jim Hackett: ‘I love Ford but I was not hired because I was a car guy’

Jim Hackett: ‘I love Ford but I was not hired because I was a car guy’In the draughty hallway of the former media centre on London’s Olympic Park, Ford’s new boss Jim Hackett is sketching out the future for the 113-year-old company. Listening in are a small group of staff who will work at the “smart mobility innovation office” he is in the UK to formally open. It’s part of a network of similar bases aimed at positioning the company for the future of motoring – whatever it may be. Hackett – tieless to fit in with the environment – is confident they will help make Ford a leading player in automotive sector of the 21st Century. “As the company thinks about its future, it’s certain that it does not have to cede that opportunity to anyone,” he says in his first UK interview. “It has a right to help interpret that and translate that for people all over the world.” The 62-year-old took over at Ford in May, when predecessor Mark Fields was ousted following investor concern over shares falling by a third during his three-year reign and worries Ford was dropping behind rivals in developing autonomous, connected and electric vehicles. Jim Hackett being announced as the new chief executive of Ford by chairman Bill Ford Credit: Bloomberg “We are behind in connectivity,” says Hackett, referring to expectations of a more joined-up world in which the cars of the future will be linked up to internet and infrastructure. Connected cars and “smart mobility” also includes self-driving vehicles and new models of “owning” cars – such as subscription services, shared ownership and ride-sharing. “But once cars are connected, our software will lead the industry and as customers get digital services, that is an advantage for Ford,” he says. As with all chief executives, there’s conviction in what Hackett says. Unlike most chief executives, he’s got a physical presence hinting at his college sporting career as a centre for the University of Michigan American football team which makes feel it might not be wise to question his conviction too intensely. However, he relents slightly, admitting that, when it comes to electric vehicles, “we aren’t where we are going to be”. But this isn’t necessarily a problem – at least for now, according to Hackett. “There is not a provider of EVs that is profiting from them without support from government or whatever,” he says. “The reason is the cost of the technology is too high for what customers will pay. You can’t really charge them the cost of the system today but I’m optimistic about its role.” Plug in, baby – the best electric cars on the market It’s a solid counterpoint to critics who consistently point to Tesla’s soaring market value – currently $57.6bn (£43.6bn) – having overtaken Ford which lags behind on $48bn. This is despite Ford having decades of experience in the challenging world of car production and last year delivered 6.6m vehicles compared with Tesla’s 76,000.  Nevertheless, with the industry likely facing more change over the next few years than it has seen in the last century, Hackett has got to press the accelerator now to ensure that Ford isn’t lost to history. Hackett took the top job after four years with Ford: three on the board and one year in charge of the company’s future-gazing smart mobility unit, before being elevated to chief executive. It’s that forward looking role that led to him taking the wheel. Chairman Bill Ford, great-grandson of Henry Ford, called Hackett a “proven transformational leader, a visionary thinker, a futurist” when he was appointed. “I love the business but I was definitely not hired because I was a ‘car guy’,” says Hackett. Instead he says he’s in the job to “marry myself with some really great car guys and what I understand about the intersection of the use of new technologies by people.” Hackett earned this forward-looking reputation from his three decade career with office furniture manufacturer Steelcase. Ford was founded 103 years ago and is famed for the Model T - but cars have transformed since then Credit: Hulton Archive He cemented this reputation after returning to his alma mater and becoming interim director of the University of Michigan’s athletics department in 2014, turning around its struggling football team and revitalising the department. Hackett believes his new way of thinking can be applied just as well to Ford as furniture or football. “What I do understand really well is the way markets change and the way technology evolves and its use by people,” he says. “We have the prospect in front of us that vehicles will be smarter than anyone ever imagined, so smart you don’t need a driver,” Hackett says. He neatly dismisses the idea that he’s an outsider to the world where “car guys” were needed to run car companies. “Driverless cars were a fantasy back in the day. When car people were running car companies the idea that there might not be a driver would not be a plan they would have been thinking about.” But, for all his talk of Ford being at the vanguard of a brave new world for motoring, his plans sounded trite rather transformational when he set out his vision for the company following his 100-day review. Costs would be cut by $14bn, $7bn of spending would be shifted away from saloon cars to strong-selling SUVs and trucks, and $500m towards electric vehicles. Ford’s share price failed to react and there were questions about the vagueness of the slides in his presentation, with criticisms over their lack of figures and comparisons to the big – but sketchy – ideas beloved of management consultants. However, maybe this is what Bill Ford was looking for in Hackett. When a future is still uncertain, committing to a certain path could be a company-killing mistake. Hackett says he is taking action, though. “If you try to time the point when the market has tipped it has already left you.” He says his role at Ford is “helping [colleagues] see themselves the way they are now and in the future”. Jom Hackett is credited with revitalising the University of Michigan's athletics department It’s a lot to take on board for Ford’s 200,000 employees, especially when Hackett notes the company is having to “adapt to the forces of what I am calling deep learning in vehicles”, referring to the step-changes in the complexity of cars as they become more computerised. “It’s a force unlike any force the industry has had in modern times,” he says. “It basically means that the amount of data a vehicle can have overwhelms every sense.” Hackett has been described as a “cheerleader in chief, a coach” who can get the company to believe in itself and its future and do things that the previous chief executive couldn’t. He believes that Ford can handle the unprecedented change in the industry. “We have some real skills in that,” Hackett says. “We have done that over history.”  Age: 62  Lives: Grand Rapids, Michigan  Family: Married, two children  Education: University of Michigan  Career: Served as chief executive of US office furniture company Steelcase from 1994 to 2014. He joined Ford’s board of directors in 2013 and became chairman of Ford Smart Mobility in March 2016. Became president and chief executive of the Ford Motor Company in May 2017.  Interests: American Football – interim director of athletics at University of Michigan in 2014  


10/22/2017 10:21 PM
China September New Home Prices Rise in 44 of 70 Cities

China September New Home Prices Rise in 44 of 70 CitiesOct.22 -- China releases its new home prices for September. Bloomberg's Tom Mackenzie reports on "Bloomberg Markets: Asia."


10/22/2017 08:20 AM
The Southwest Effect May Not Be All It's Cracked Up to Be

The Southwest Effect May Not Be All It's Cracked Up to BeA recent University of Virginia study found that fares fall an average of 15% when Southwest Airlines enters a new market. However, the level of competition on each route may matter a lot more than whether Southwest is involved.


10/22/2017 08:42 AM
The new titans of Wall Street have their eyes on your savings (BX)

The new titans of Wall Street have their eyes on your savings (BX)Private equity firms are killing it. The investment managers, which typically buy up companies in the hope of selling them for a higher prices years down the line, averaged returns of 13.5% before fees between 1998 and 2014, according to a recent study by CEM Benchmarking. Money typically follows performance, and so investors have been pouring funds into the private equity asset class in recent years.


10/22/2017 11:31 AM
OPEC Says the Thirst for Oil Will Lead to 100 Million Barrels a Day by 2020

OPEC Says the Thirst for Oil Will Lead to 100 Million Barrels a Day by 2020The organization of oil producers doesn’t see oil demand peaking anytime soon.


10/22/2017 11:42 AM
Why This REIT Stock Is a Dividend Investor's Dream

Why This REIT Stock Is a Dividend Investor's DreamRealty Income stock pays a higher-than-average dividend yield, has outperformed the market over the long term, and has continued growth potential.


10/22/2017 02:01 PM
Sunday Drive: Taking a gaze into the automotive crystal ball

Sunday Drive: Taking a gaze into the automotive crystal ballSix cars, all coming for 2019, highlight the past week in automotive news.


10/21/2017 12:00 PM
What Will Happen to WWE’s Streaming Network Business?

What Will Happen to WWE’s Streaming Network Business?The success of the service may very well determine the future of the company.


10/22/2017 07:32 AM
The 2018 Saver’s Tax Credit: Free Money to Save for Retirement (Seriously)

The 2018 Saver’s Tax Credit: Free Money to Save for Retirement (Seriously)If you qualify, this tax credit could be worth up to $1,000 in 2018.


10/22/2017 01:00 PM
Should You Buy AT&T After its Recent Dip?

Should You Buy AT&T After its Recent Dip?Is this unloved telco still a safe income investment?


10/22/2017 07:32 AM
3 High-Yield Stocks to Own in a Market Crash

3 High-Yield Stocks to Own in a Market CrashReal estate, fast food, and pharma could give investors some protection when the next crash comes.


10/21/2017 11:27 AM
China's modern Mao

China's modern MaoChina's modern Mao


10/22/2017 08:07 AM
What Is Warren Buffett’s Top Dividend Stock?

What Is Warren Buffett’s Top Dividend Stock?Here are three of the Oracle of Omaha's dividend stocks that stand out from the rest.


10/21/2017 04:17 PM
Why General Electric Stock Dropped, Then Bounced Back, on Friday

Why General Electric Stock Dropped, Then Bounced Back, on FridayDown more than 6% at one point, GE stock ended the day in positive territory. Why?


10/22/2017 07:03 PM
'Nobody really knows' state of play for proposed Aramco I...

'Nobody really knows' state of play for proposed Aramco I...Omar Al-Ubaydli, senior scholar, Mercatus Center says Saudi budget plans mean there is a need to raise funds from a stake sale in Aramco, whether via an IPO or private placement.


10/21/2017 08:32 PM
Intel Corp. Reportedly "Vying Aggressively" for Huawei Chip Orders

Intel Corp. Reportedly "Vying Aggressively" for Huawei Chip OrdersThis would be the chipmaker's first big mobile chip manufacturing win.


10/21/2017 10:33 AM
Boeing "Strikes" a Deal to Buy Revolutionary Heli-Plane Maker

Boeing "Strikes" a Deal to Buy Revolutionary Heli-Plane MakerWhat if you could turn your driveway into a runway?


10/22/2017 11:45 AM
Is the New Kohl's Partnership With Amazon.com Suicidal?

Is the New Kohl's Partnership With Amazon.com Suicidal?Kohl's may seem crazy for letting Amazon into its stores -- but at this point, there really isn't much to lose.


10/22/2017 06:07 AM
7 Changes to Social Security in 2018

7 Changes to Social Security in 2018Benefit, tax, and even qualifying guidelines are changing for America's most important social program. Here's what you need to know.


10/22/2017 09:58 PM
Noble Group to Sell Oil Trading Unit to Vitol

Noble Group to Sell Oil Trading Unit to VitolOct.22 -- Embattled commodity trader Noble Group announced the sale of its U.S. oil-liquids business to Vitol Group, with proceeds to be used to pay down dome of the company's debt. Bloomberg's James Poole reports on "Bloomberg Markets: Asia."


10/22/2017 02:49 PM
Tillerson Says Saudi Arabia Rebuffed Him on Ending Qatar Crisis

Tillerson Says Saudi Arabia Rebuffed Him on Ending Qatar CrisisSecretary of State Rex Tillerson said Saudi Arabia’s leaders rebuffed his request in meetings Sunday to end the four-month isolation of Qatar.


10/21/2017 01:00 PM
Syrian Kurds Cut Secret Gas Deal With Russian Forces

Syrian Kurds Cut Secret Gas Deal With Russian ForcesIn a surprising move, United States-baked Syrian Kurds have handed over one of Syria’s largest gas fields to Russian forces


10/22/2017 06:10 PM
JD.com, Tencent, and Wal-Mart Join Forces Against Alibaba

JD.com, Tencent, and Wal-Mart Join Forces Against AlibabaA new e-commerce triumvirate has emerged in China.


10/21/2017 10:50 AM
Cost Creep Remains American Airlines' Achilles Heel

Cost Creep Remains American Airlines' Achilles HeelThree years of rapid cost inflation have sabotaged American Airlines' profitability. So far, the world's largest airline doesn't seem to have a plan to reverse the damage.


10/22/2017 01:36 PM
Schumer Says Bill to Prop Up Obamacare Has Votes to Pass Senate

Schumer Says Bill to Prop Up Obamacare Has Votes to Pass SenateSenate Democratic leader Chuck Schumer said a bipartisan bill to temporarily stabilize Obamacare’s insurance markets has enough support to pass the Senate, but Majority Leader Mitch McConnell said he’s ...


10/22/2017 12:47 PM
What I'm Watching When Under Armour Reports Earnings

What I'm Watching When Under Armour Reports EarningsFind out when management is projecting getting back to 20%-plus top-line growth.


10/21/2017 10:30 AM
Want to Get Paid Every Month? These Dividend Stocks Are for You

Want to Get Paid Every Month? These Dividend Stocks Are for YouYou'll be surprised at how easy it is to get the income you need.


10/21/2017 09:07 PM
Intel Corp. Reveals New Detail About Upcoming 10-Nano Tech

Intel Corp. Reveals New Detail About Upcoming 10-Nano TechIt's more impressive than I thought it was.


10/22/2017 11:40 AM
Better Buy: Yamana Gold Inc. vs. GoldCorp

Better Buy: Yamana Gold Inc. vs. GoldCorpWith both gold stocks lagging the yellow metal this year, which has better turnaround prospects?


10/21/2017 11:34 AM
3 Great Stocks for Low-Risk Investors

3 Great Stocks for Low-Risk InvestorsSolid business models help make these stocks less risky than most.


10/21/2017 08:07 AM
Warren Buffett's advice for CEOs touches on a key issue plaguing the US economy

Warren Buffett's advice for CEOs touches on a key issue plaguing the US economyWarren Buffett generally likes to take a hands-off approach when it come to investing in companies, but he has some advice for CEOs on how to run a business better. Warren Buffett, generally speaking, likes to take the hands-off approach with companies he and Berkshire Hathaway invest in.


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