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Dow Chemical and DuPont’s long-awaited merger may have closed almost two weeks ago, but Cramer pointed out that there’s more to the story. “You have to remember, the current DowDuPont setup is only an intermediate stage before the combined company breaks itself up into three separate businesses,” he said. The company, currently the world’s largest
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The CreditCards.com survey, conducted in mid-August, shows that that consumers with lower incomes are less likely to attend sporting events. Among respondents, 26 percent have incomes under $30,000 compared with 49 percent who earn more than $75,000. Older consumers also are less likely to head to a stadium, with just 21 percent of people age
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Another reason to act fast: Insurers often handle claims on a first-come, first-serve basis, J. Robert Hunter, director of insurance for the Consumer Federation of America, told CNBC earlier this year. Consumers likely need to make several calls. (Ideally, policy numbers and agent contacts would have been part of an emergency “go bag.”) Homeowners: You
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Economic disruptions caused by a back-to-back pummeling from hurricanes in the United States may just seal the deal for the Federal Reserve to hold interest rates intact for the rest of this year, experts told CNBC on Monday. Hurricane Irma is still making its way up Florida’s coast, but Goldman Sachs and Bank of America-Merrill
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CNBC’s Jim Cramer says that suitability, or the concept that certain stocks are right for some investors but wrong for others, can last investors a long time once they figure out what’s right for them. But after college, during which the “Mad Money” host does not recommend investing or putting away money at all, “things
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Floridians are no strangers to hurricanes and the wealthy of Miami know just how to protect their prized automobiles from the impending Hurricane Irma. Gil Dezer developed the 60-story Porsche Design Tower to withstand a Category 5 hurricane, and now he says there are more than $25 million worth of supercars tucked inside. “One of
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Howard Marks reassessed his thoughts on bitcoin after starkly warning his clients against the high-flying digital currency in July. The co-chairman of Oaktree Capital is famous for his prescient investment memos, which predicted the financial crisis and the dot-com bubble implosion. “There has been particularly spirited response to my comments on digital currencies,” Marks wrote
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Unusual trading in Equifax options in mid-August suggests millions of dollars in profit were generated after Thursday’s disclosure of a massive data breach at the credit reporting company affecting 143 million consumers and their personal information. Shares of Equifax tumbled nearly 14 percent on Friday in the wake of the disclosure of the breach. Until
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