Dryden Pence, chief investment officer at Pence Wealth Management. Source: Pence Wealth Management (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) There are several approaches to investing in capital markets that have yielded strong returns. For Dryden Pence, the backbone
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Chipotle restaurant workers fill orders for customers in Miami. Getty Images The stronger-than-expected October jobs report and big revisions to prior months shows that the labor market is resilient and that should encourage the Fed to stay on the sidelines. The economy added 128,000 jobs in October, despite the negative impact of 42,000 striking General
Comcast’s NBCUniversal is considering making an ad-supported version of its Peacock streaming service free for everyone, bucking the trend of charging for streaming products, according to people familiar with the matter. It would be the first free streaming on-demand video service from a major U.S. media provider. Previously, Comcast had planned on making Peacock free
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on August 19, 2019 in New York City. Drew Angerer | Getty Images As November unfolds, stocks should continue to make gains in one of the best months of the year for the market, and it’s
Chinese President Xi Jinping (C) attends a military parade with former presidents Hu Jintao (L) and Jiang Zemin in Tiananmen Square in Beijing on October 1, 2019, to mark the 70th anniversary of the founding of the PeopleÕs Republic of China. Greg Baker | AFP | Getty Images BEIJING — At the highest level, Chinese
A Pinterest banner hangs on the facade of the New York Stock Exchange (NYSE) in New York City, September 22, 2017 Brendan McDermid | Reuters Check out the companies making headlines after the bell: Shares of Pinterest plummeted 20% after the bell following the company’s third-quarter revenue miss, coming in at $279.7 million, which was
President Donald Trump delivers keynote remarks at the Shale Insight 2019 Conference in Pittsburgh, Pennsylvania, October 23, 2019. Leah Millis | Reuters It’s all coming down to President Donald Trump and the China trade war if the market can close out the year with gains, according to Wall Street strategists and investors. Trump has been
India needs to clean up its troubled financial sector fast in order to get economic growth back on track, says a former governor of the Reserve Bank of India, Raghuram Rajan. Rajan served as RBI governor for three years — from Sept. 2013 to Sept. 2016. During his tenure, the central bank told troubled Indian
The Lyft logo is shown on the screen at the Nasdaq offices in Times Square on March 29, 2019 in New York. Don Emmert | AFP | Getty Images Check out the companies making headlines after the bell: Lyft shares climbed during extended trading following the company’s raised full-year revenue guidance and posted better-than-expected earnings
Chile President Sebastion Piñera’s surprise cancellation of the APEC summit highlights how serious anti-government protests have become in the country, viewed by many as the economic crown jewel of Latin America. Santiago’s stock market was down 3.1% Wednesday, adding to losses after Pinera’s announcement about the APEC summit. Since Oct. 21, the Santiago stock market