Money

Here’s what could happen to your Kenmore warranty with Sears filing for bankruptcy

Your Sears warranty is probably safe at least for now. 

The best time to book holiday travel is right now

It's not even Halloween, yet this is the best time to start planning for Christmas.

CBS should hire a woman as its new CEO — and industry insiders have some suggestions

CBS has a rare opportunity to change the course of history after being mired in sexual misconduct scandals.

Artificial intelligence is changing how investors’ money is being managed

The Dow Jones Industrial Average shed more than 1,300 points earlier this month in the most dramatic drop since February. If you are a client of Morgan Stanley Wealth Management, you may have received a message from your financial advisor. The purpose of the message would be to tell you exactly what happened in the market and what the firm’s investment professionals are saying about it. It would also tell you your portfolio’s current probability of success in light of recent events. The email would come from your financial advisor. But behind the scenes, they are getting help from a source you might not expect: artificial intelligence. Morgan Stanley is one firm experimenting with how these new technologies can be applied to better manage clients’ money. Artificial intell...

As a voodoo-practicing advisor is convicted, here’s how to avoid the nightmare of bad money advice

We’ve all heard of voodoo economics, but voodoo investing? Noted Washington, D.C.-area radio personality and former financial advisor Dawn Bennett was convicted earlier this week of fraud, found to have bilked 46 listeners, advisory clients and friends who trusted her out of some $20 million in a Ponzi scheme. Prosecutors say she used voodoo in an otherworldly attempt to escape justice. Founder and CEO of Bennett Group Financial Services (now a defunct firm) and the host of weekly radio program “Financial Myth Busting with Dawn Bennett,” Bennett reportedly used investor money to pay Hindu priests in India for ceremonies to ward off investigators looking into her business practices. Stranger still, she wove voodoo spells around jars of beef tongue, labeled with Securities ...

Why one investor thinks the market need a 15 percent correction as a ‘gut check’ for the rally

The S&P 500 is having its worst month in nearly three years. But the worst has yet to come for the stock market, according to Jim Paulsen, chief investment strategist at Leuthold Group.

Guest Contribution: “Modeling Time-Variation Over the Business Cycle (1960-2017): An International Perspective”

Today, we are pleased to present a guest contribution written by Enrique Martínez-García (Federal Reserve Bank of Dallas), based on his forthcoming article in Studies in Nonlinear Dynamics and Econometrics. The views expressed here are those solely of the author and do not reflect those of the Federal Reserve Bank of Dallas or the Federal Reserve System. A sustained wave of globalization has led to deeper ties in the post-World War II period: The decision to terminate the convertibility of the U.S. dollar into gold in 1971 effectively ended Bretton Woods, ushering in a new era of fiat and free-floating currencies. The international monetary system has evolved since—removing the multilateral constraints of Bretton Woods (which fixed exchange rates and distorted the allocation of resources w...

Cramer Remix: It’s not a good time to be a company like United Rentals

Jim Cramer outlines why the industrial giant is getting beaten down by the bears in an aggressive-Fed environment.

Cramer’s memo to the Fed: Consider the jobs being wiped out by technology before hiking rates

Jim Cramer emphasizes the power of Silicon Valley when it comes to countering inflation in the workforce.

Cramer’s game plan: Companies tied to China or the Fed are ‘guilty until proven innocent’

Jim Cramer prepares for what he thinks may be the "toughest" earnings week yet and issues a warning about companies with links to China trade or the Federal Reserve.

Give Dan Loeb An Oscar

(YouTube) As you may have heard, Dan Loeb is in a little tiff with the people who run Campbell’s Soup. As such, you may be expecting a blistering open letter to a board of directors right now. Perhaps a scorching PowerPoint presentation laying out in excruciating detail all of Campbell’s many, many failings. But Dan Loeb’s rage cannot be contained to such media; he’s branching out. And no matter what that asshole George Clooney says, the man has a flair for film. And his brutal putdowns come across just as strongly on video as in the black and white of the printed word. [embedded content] OK, so maybe the “Mmm Mmm Bad” bit’s a little hokey and dated. (Does Campbell’s still even use “Mmm Mmm Good” in commercials anymore? I don’t think I’ve seen one since Donovan McNabb was starring in them,...

Small-cap stocks are getting hammered — three experts debate what to do next

The small-cap Russell 2000 index has seen better days. The group of stocks has fallen into a correction, and is currently on track for its worst month since January 2016. Here's what three experts have told CNBC in the last week about the move.