Apple stock nears record high
Apple has found its groove again. The iPhone maker’s stock hit $133.82 in early trading Monday, putting Apple less than $1 away from its intraday trading high of $134.54, reached in April 2015. Apple’s stock ended the day at $133.29, beating its previous record closing price of $133, set in February 2015. The stock surge, […]
Stocks hit record again. But is Trump the reason?
The Dow, S&P 500, Nasdaq and Russell 2000 each hit new all-time highs Monday. Investors are giddy with excitement and they clearly believe that both big blue chip multinationals and smaller companies that do most of their business in the U.S. will continue to thrive. So is this the Donald Trump rally? Or the Janet […]
Mexico ready to retaliate by hurting American corn farmers
Mexico is ready to hit the U.S. where it hurts: Corn. Mexico is one of the top buyers of American corn in the world today. And Mexican senator Armando Rios Piter, who leads a congressional committee on foreign relations, says he will introduce a bill this week where Mexico will buy corn from Brazil and […]
Rand Paul’s hopes for a flat tax
If Rand Paul – the Libertarian-leaning, conservative senator from Kentucky – chooses to run for president in 2016, expect to hear a lot about a single-rate flat tax system. When it comes to taxes, Rand Paul wants them simple and flat. The blunt-spoken, Libertarian-leaning senator from Kentucky, who won the 2016 presidential straw poll among […]
Tesla car doors can be hacked
A security researcher worries about the security of Tesla’s computer systems. Hackers can unlock a high-tech Tesla car door by using the same run-of-the-mill techniques they use to crack open computers. That’s according to security researcher Nitesh Dhanjani, who spoke about his findings at a recent hacker conference in Singapore. All it takes is cracking […]
Manhattan home prices soar to median $972,000
While home prices in other parts of the country are still 20% below their housing boom peak, demand for large, luxury apartments has helped home prices in Manhattan almost fully recover from the housing bust. During the first quarter, the median sales price for a condo or co-op in Manhattan rose 18.5% year-over-year to $972,000, […]
Stocks: Signs of spring?
After a strong finish to an otherwise flat first quarter, markets look poised to begin April with a spring in their step.
‘America First’ could turn into ‘India First’
America is great because of its willingness to accept talented immigrants. That’s what Nandan Nilekani, the billionaire co-founder of Infosys Technologies, would tell President Trump if he had the opportunity. “If you really want to keep the U.S. … globally competitive, you should be open to overseas talent,” Nilekani said on the sidelines of CNN’s […]
Will the iPhone 8 charge wirelessly?
You may never have to plug in your iPhone again. Apple has joined an industry group devoted to wireless charging, strengthening existing rumors that the next iPhone will charge without a cord. The Wireless Power Consortium, which is made up of some 200 organizations that promote a single wireless charging standard, confirmed to CNNTech that […]
Retirement contribution limits will rise in 2019
Good news retirement savers: The Internal Revenue Service announced cost of living increases to the contribution limits for retirement-related plans in 2019. Annual contribution limits to 401(k)s will increase to $19,000 from $18,500. And the annual contribution to an IRA, last increased in 2013, rises to $6,000 from $5,500. “This is another win for investors […]
