Is your 529 savings plan in the red? Tuition may still be due

With stock returns in the red this year, people are generally advised to leave their investments alone until they recover. That can be hard with a 529 college savings plan if you expected to tap the account for a tuition bill due in a few months or weeks. Many of the accounts are likely to have taken a hit as of late. Ideally, savers would have “age-based” 529 accounts, which automatically shift to more conservative investments, such as bonds and certificates of deposit, as the child approaches


With stock returns in the red this year, people are generally advised to leave their investments alone until they recover. That can be hard with a 529 college savings plan if you expected to tap the account for a tuition bill due in a few months or weeks. Many of the accounts are likely to have taken a hit as of late. Ideally, savers would have “age-based” 529 accounts, which automatically shift to more conservative investments, such as bonds and certificates of deposit, as the child approaches
Is your 529 savings plan in the red? Tuition may still be due Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-26  Authors: annie nova, alex wroblewski, the new york times
Keywords: news, cnbc, companies, withdraw, plan, accounts, investments, red, used, twothirds, 529, college, weeksthe, bill, savings, tuition


Is your 529 savings plan in the red? Tuition may still be due

With stock returns in the red this year, people are generally advised to leave their investments alone until they recover. That can be hard with a 529 college savings plan if you expected to tap the account for a tuition bill due in a few months or weeks.

The state-sponsored investment plans encourage parents to save for college and they can withdraw money from the accounts tax-free, so long as the funds are used for qualifying education expenses.

Many of the accounts are likely to have taken a hit as of late. The S&P 500 entered Wednesday down more than 20 percent from an intraday high set in September, meaning the major index was in bear market territory.

Ideally, savers would have “age-based” 529 accounts, which automatically shift to more conservative investments, such as bonds and certificates of deposit, as the child approaches college, said Mark Kantrowitz, publisher of SavingForCollege.com. Two-thirds of families are invested in such accounts, he said.

So, if your son or daughter’s tuition bill is due soon, “the losses are minimal and there is little harm in taking a distribution now,” he said.


Company: cnbc, Activity: cnbc, Date: 2018-12-26  Authors: annie nova, alex wroblewski, the new york times
Keywords: news, cnbc, companies, withdraw, plan, accounts, investments, red, used, twothirds, 529, college, weeksthe, bill, savings, tuition


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In a blatant attempt to pull at our heartstrings, Chevrolet is offering an in-car Santa tracker

As Christmas fast approaches, children around the world are anxiously anticipating the arrival of Santa Claus. Now, those children lucky enough to have parents who drive Chevrolets will be able to track his deliveries through General Motors’ OnStar information and communication system. The automaker is getting in on a decades-old tradition started by the North American Aerospace Defense Command in the 1950s. Chevrolet said its OnStar service receives thousands of “Santa update” requests every ye


As Christmas fast approaches, children around the world are anxiously anticipating the arrival of Santa Claus. Now, those children lucky enough to have parents who drive Chevrolets will be able to track his deliveries through General Motors’ OnStar information and communication system. The automaker is getting in on a decades-old tradition started by the North American Aerospace Defense Command in the 1950s. Chevrolet said its OnStar service receives thousands of “Santa update” requests every ye
In a blatant attempt to pull at our heartstrings, Chevrolet is offering an in-car Santa tracker Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-19  Authors: robert ferris, getty images
Keywords: news, cnbc, companies, pull, onstar, incar, red, system, chevrolet, military, tracker, north, information, attempt, tradition, norad, blatant, heartstrings, gm, santa, offering


In a blatant attempt to pull at our heartstrings, Chevrolet is offering an in-car Santa tracker

As Christmas fast approaches, children around the world are anxiously anticipating the arrival of Santa Claus. Now, those children lucky enough to have parents who drive Chevrolets will be able to track his deliveries through General Motors’ OnStar information and communication system.

The automaker is getting in on a decades-old tradition started by the North American Aerospace Defense Command in the 1950s. As the story goes, a child accidentally called the red phone set up for military defense at a NORAD office in Colorado while trying to dial the North Pole. The military officer on the other end played along as the kid read his Christmas list and a tradition was born.

Chevrolet said its OnStar service receives thousands of “Santa update” requests every year. It’s partnering with NORAD to give its OnStar users real-time updates on Saint Nick’s whereabouts.

Calls through GM’s OnStar information system can be made anytime between 6 a.m. Eastern time on Dec. 24 through 5 a.m. Eastern time, on Dec. 25, the company said. For every call, GM will donate $1 to the American Red Cross.

“NORAD uses sophisticated systems, such as the North Warning Radar System and geo-synchronous satellites with infrared sensors, to follow Santa on his journey around the globe,” GM said in a statement Wednesday.


Company: cnbc, Activity: cnbc, Date: 2018-12-19  Authors: robert ferris, getty images
Keywords: news, cnbc, companies, pull, onstar, incar, red, system, chevrolet, military, tracker, north, information, attempt, tradition, norad, blatant, heartstrings, gm, santa, offering


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Cramer’s lightning round: Sell Teva—debt is not king in this environment

Sell, sell, sell.” I’ve got enough problems on my mind right now, right here, at this moment.” If that’s not a red flag, what’s a red flag? I’ve got to tell you, I don’t trust it. I don’t trust it.


Sell, sell, sell.” I’ve got enough problems on my mind right now, right here, at this moment.” If that’s not a red flag, what’s a red flag? I’ve got to tell you, I don’t trust it. I don’t trust it.
Cramer’s lightning round: Sell Teva—debt is not king in this environment Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-19  Authors: elizabeth gurdus
Keywords: news, cnbc, companies, tevadebt, round, trust, cramers, right, lightning, dont, thats, king, tell, yield, red, flag, environment, sell, ive


Cramer's lightning round: Sell Teva—debt is not king in this environment

Teva Pharmaceuticals: “I think the problem here is they’ve got a huge amount of debt. And in this environment, debt is not king. Sell, sell, sell.”

Cyberark Software Ltd.: “I like Cyberark. Why? Because safety against cyber-terror never takes a vacation.”

Ford Motor Co.: “Everyone keeps saying, ‘Look, the next shoe’s going to drop.’ I have to tell you, I don’t want to reach for a 7 percent yield. I’ve got enough problems on my mind right now, right here, at this moment.”

Washington Prime Group: “Oh my god, 20 percent yield. I mean, what does that tell you? If that’s not a red flag, what’s a red flag? That’s worse than having a touchdown called back when you’re playing Dallas. I’ve got to tell you, I don’t trust it. I don’t trust it. It’s a little stock, but you can still lose, and that one’s scary to me.”


Company: cnbc, Activity: cnbc, Date: 2018-12-19  Authors: elizabeth gurdus
Keywords: news, cnbc, companies, tevadebt, round, trust, cramers, right, lightning, dont, thats, king, tell, yield, red, flag, environment, sell, ive


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Beijing’s economic ‘red lines’ may clash with Trump’s 90-day plan, analysts say

The “Made in China 2025” plan is Beijing’s industrial policy to invest heavily in high-end technologies such as artificial intelligence in a bid to catch up with rivals like the U.S. and Germany. The analysts’ comments follow Trump and Xi’s agreement over the weekend at the G-20 meeting in Argentinato put their bilateral trade war on pause momentarily. China is one of the world’s top producers of ingredients used to manufacture fentanyl, according to the U.S. Department of Justice. After all, so


The “Made in China 2025” plan is Beijing’s industrial policy to invest heavily in high-end technologies such as artificial intelligence in a bid to catch up with rivals like the U.S. and Germany. The analysts’ comments follow Trump and Xi’s agreement over the weekend at the G-20 meeting in Argentinato put their bilateral trade war on pause momentarily. China is one of the world’s top producers of ingredients used to manufacture fentanyl, according to the U.S. Department of Justice. After all, so
Beijing’s economic ‘red lines’ may clash with Trump’s 90-day plan, analysts say Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-04  Authors: huileng tan, thomas peter, pool, getty images
Keywords: news, cnbc, companies, trump, trade, policy, xi, beijings, wrote, lines, 90day, clash, trumps, chinese, plan, say, technology, red, china, analysts, statements, economic, 2025


Beijing's economic 'red lines' may clash with Trump's 90-day plan, analysts say

U.S. President Donald Trump and Chinese President Xi Jinping may have put their tit-for-tat tariff fight on hold, but differences between the two countries’ views on technology and state-supported businesses will challenge negotiations between the two economic giants, analysts said.

“Staunchly committed to the Chinese economic model, Xi will continue to lend state support to targeted industries, particularly in technology under the Made in China 2025 programme,” Eleanor Olcott, China policy analyst at research firm TS Lombard, wrote on Monday.

Washington has accused China of forcing technology transfers, and tacitly supporting intellectual property violations and cyber-crime, but those issues were downplayed in official descriptions of the weekend’s agreement.

“Despite White House economic advisor (Larry) Kudlow suggesting that the two sides are ‘pretty close’ on an agreement on intellectual property theft, 90 days still looks like a short period for discussions on complicated issues such as non-tariff barriers,” wrote Zhu Huani, an economist at Mizuho Bank in a note on Tuesday.

“Whilst reducing (the) trade gap could be the easier part to begin with, China is less likely to make concessions on its industrial policies such as ‘Made in China 2025,’ which might hinder discussion surrounding technology transfer,” added Zhu.

The “Made in China 2025” plan is Beijing’s industrial policy to invest heavily in high-end technologies such as artificial intelligence in a bid to catch up with rivals like the U.S. and Germany.

The analysts’ comments follow Trump and Xi’s agreement over the weekend at the G-20 meeting in Argentinato put their bilateral trade war on pause momentarily. They would, according to official statements, hold off on slapping additional tariffs on each other’s goods after Jan. 1 as talks continue between both countries.

As part of the deal, China said it would purchase more American imports, particularly in energy and agriculture. Beijing will also exert more control over the flow of fentanyl — a synthetic opioid that is 50 times more addictive than heroin and has been linked to thousands of overdose deaths in the United States. China is one of the world’s top producers of ingredients used to manufacture fentanyl, according to the U.S. Department of Justice.

But, “it is unclear how this [deal at the G-20] will resolve issues related to IP protection and forced technology transfers in China — it won’t,” economists from French trade credit insurer Coface wrote in a note on Monday.

After all, some are even jokingly questioning if Trump and Xi even attended the same meeting given the significant differences in statements from the two sides.

“There is reason to believe the two parties do not quite meet over the finer details of the deal: pointedly, no joint statement was released after the meeting. Furthermore, the statements that the U.S. and China issued separately showed material divergences, with the Chinese statement making no mention of the 90-day deadline on the threatened 25 percent tariff increase,” economists from Pictet Wealth Management wrote Monday.

Neither side referred to the “Made in China 2025” industrial policy, Pictet noted.

“Given the differences in starting positions, with the Chinese side setting red lines around its state-led system, it is highly unlikely that the time-frame of 90 days will allow the U.S. to extract concessions Trump could present as a large-scale ‘win’ with any degree of conviction,” said TS Lombard’s Olcott.

—CNBC’s Kevin Breuninger, Javier David and Saheli Roy Choudhury contributed to this report.

Disclosure: Larry Kudlow is a former CNBC contributor.


Company: cnbc, Activity: cnbc, Date: 2018-12-04  Authors: huileng tan, thomas peter, pool, getty images
Keywords: news, cnbc, companies, trump, trade, policy, xi, beijings, wrote, lines, 90day, clash, trumps, chinese, plan, say, technology, red, china, analysts, statements, economic, 2025


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Rockstar parent Take-Two’s CEO says it’s possible the firm could branch out beyond gaming

Gaming giant Take-Two Interactive is open to the idea of broadening its horizon beyond the gaming market, its chief executive said Thursday. Take-Two has made a killing in revenues from “Red Dead Redemption 2” and “Grand Theft Auto V” developer Rockstar Games, which it owns. The company sold 17 million units of Wild West-style title “Red Dead Redemption 2” in just eight days — more than it sold of the first game in eight years. It also recently raised its earnings guidance for the fiscal year en


Gaming giant Take-Two Interactive is open to the idea of broadening its horizon beyond the gaming market, its chief executive said Thursday. Take-Two has made a killing in revenues from “Red Dead Redemption 2” and “Grand Theft Auto V” developer Rockstar Games, which it owns. The company sold 17 million units of Wild West-style title “Red Dead Redemption 2” in just eight days — more than it sold of the first game in eight years. It also recently raised its earnings guidance for the fiscal year en
Rockstar parent Take-Two’s CEO says it’s possible the firm could branch out beyond gaming Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-29  Authors: ryan browne, adam jeffery
Keywords: news, cnbc, companies, parent, redemption, rockstar, zelnick, firm, ceo, red, billion, branch, taketwo, yearsit, sold, dead, wild, taketwos, gaming, possible


Rockstar parent Take-Two's CEO says it's possible the firm could branch out beyond gaming

Gaming giant Take-Two Interactive is open to the idea of broadening its horizon beyond the gaming market, its chief executive said Thursday.

Take-Two has made a killing in revenues from “Red Dead Redemption 2” and “Grand Theft Auto V” developer Rockstar Games, which it owns.

The company sold 17 million units of Wild West-style title “Red Dead Redemption 2” in just eight days — more than it sold of the first game in eight years.

It also recently raised its earnings guidance for the fiscal year ending March 31, 2019, lifting its net revenue expectation to between $2.55 billion and $2.65 billion from the $2.5 billion to $2.6 billion it had previously forecast. That upgrade was underpinned by the success of its new game.

But CEO Strauss Zelnick said on Thursday that Take-Two could in the future look to enter into other areas of the entertainment business.


Company: cnbc, Activity: cnbc, Date: 2018-11-29  Authors: ryan browne, adam jeffery
Keywords: news, cnbc, companies, parent, redemption, rockstar, zelnick, firm, ceo, red, billion, branch, taketwo, yearsit, sold, dead, wild, taketwos, gaming, possible


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Ohio ‘rolls out the red carpet’ for blockchain businesses by accepting bitcoin this tax season

Ohio has a message for blockchain enthusiasts: The Buckeye State wants your business. That memo was a key driver of the state’s decision to accept bitcoin for taxes, Ohio’s state treasurer Josh Mandel told CNBC this week. As of Monday, Ohio became the first state where business can pay their taxes in cryptocurrency. While there is no fee to pay taxes with a check, or ACH deposit, paying by credit card incurs a 2.5 percent fee. “Not only is this a new option, it’s actually a less expensive option


Ohio has a message for blockchain enthusiasts: The Buckeye State wants your business. That memo was a key driver of the state’s decision to accept bitcoin for taxes, Ohio’s state treasurer Josh Mandel told CNBC this week. As of Monday, Ohio became the first state where business can pay their taxes in cryptocurrency. While there is no fee to pay taxes with a check, or ACH deposit, paying by credit card incurs a 2.5 percent fee. “Not only is this a new option, it’s actually a less expensive option
Ohio ‘rolls out the red carpet’ for blockchain businesses by accepting bitcoin this tax season Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-29  Authors: kate rooney, studioeast, getty images
Keywords: news, cnbc, companies, taxes, bitcoin, fee, carpet, rolls, pay, state, mandel, option, season, businesses, blockchain, cryptocurrency, red, accepting, ohio, tax


Ohio 'rolls out the red carpet' for blockchain businesses by accepting bitcoin this tax season

Ohio has a message for blockchain enthusiasts: The Buckeye State wants your business.

That memo was a key driver of the state’s decision to accept bitcoin for taxes, Ohio’s state treasurer Josh Mandel told CNBC this week.

As of Monday, Ohio became the first state where business can pay their taxes in cryptocurrency. Mandel, 41, said the decision was twofold: It increases “options and ease” for taxpayers, and it opens the door to software engineers and tech start-ups.

“We’re doing this to plant the flag in Ohio as a national and international leader in blockchain technology,” Mandel told CNBC at the Consensus Invest conference in New York this week. “We really want to roll out the red carpet and welcome all sorts of blockchain companies to Ohio — not just in the cryptocurrency space but in a variety of different use cases.”

States tend to compete for software engineers and new businesses, Mandel said. By being open to bitcoin, the idea is that blockchain companies may follow.

Forty-one-year-old Mandel, a former U.S. marine who served multiple tours in Iraq, led the cryptocurrency charge after learning about bitcoin a few years earlier. The bitcoin-tax process started in the middle of this year, he said.

For now, the payment option is only available to businesses. Companies can go to OhioCrypto.com, enter their tax information, then third-party payment processor BitPay verifies the transaction on blockchain. It converts the cryptocurrency to U.S. dollars, then transfer those dollars to the state of Ohio.

For now, Ohio is the only bitcoin-friendly state for taxes. But Mandel hopes the move will inspire others, including the IRS.

“By leading the charge at the state level, we hope that will inspire other states and ultimately the federal government to allow people to pay their federal taxes.”

Bitcoin seemed like “a good place to start,” Mandel said, but the state will eventually would look to accept individual taxes and a range of other cryptocurrencies.

One benefit is price. While there is no fee to pay taxes with a check, or ACH deposit, paying by credit card incurs a 2.5 percent fee. Paying in bitcoin is a 1 percent fee, collected by BitPay.

“Not only is this a new option, it’s actually a less expensive option,” Mandel said.

Bitcoin can be a divisive topic with its fair share of critics. CEOs like Jamie Dimon and Warren Buffett have repeatedly warned investors of the hype and risks. News of hacks and fraud in initial coin offerings have also muddied the reputation of cryptocurrencies. Still, Mandel said he hasn’t seen resistance from state policy-makers.

“We haven’t seen pushback,” Mandel said. “Thankfully, not yet.”


Company: cnbc, Activity: cnbc, Date: 2018-11-29  Authors: kate rooney, studioeast, getty images
Keywords: news, cnbc, companies, taxes, bitcoin, fee, carpet, rolls, pay, state, mandel, option, season, businesses, blockchain, cryptocurrency, red, accepting, ohio, tax


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It’s now up to President Trump to rescue the stock market from ending 2018 in the red

Trade and the Fed have been the two big fears hanging over the market, as it has sold off in October and November. I don’t think Powell blinked because of Trump. If Powell blinked, it was because of the market and I’d make a similar comparison to the markets and trade. Just as Powell listened to the markets, I think Trump listens to the markets. The markets should be pleased with both Powell and Trump listening to their message.”


Trade and the Fed have been the two big fears hanging over the market, as it has sold off in October and November. I don’t think Powell blinked because of Trump. If Powell blinked, it was because of the market and I’d make a similar comparison to the markets and trade. Just as Powell listened to the markets, I think Trump listens to the markets. The markets should be pleased with both Powell and Trump listening to their message.”
It’s now up to President Trump to rescue the stock market from ending 2018 in the red Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-29  Authors: patti domm, jonathan ernst
Keywords: news, cnbc, companies, fed, tariffs, stock, trade, think, rescue, red, markets, trump, market, ending, 2018, talks, president, powell, 25


It's now up to President Trump to rescue the stock market from ending 2018 in the red

“The market is pricing in some degree of further escalation, breakdown of talks. If we have an agreement, then you price out the downside,” said Keith Parker, head of U.S. equity strategy at UBS.

Many analysts believe the two sides could announce they will negotiate, somewhat calming the market, but the U.S. will likely increase tariffs as expected, to 25 percent in January. Strategas Research gives this scenario 40 percent odds.

But if Trump agrees to hold off on increasing those tariffs, now 10 percent on $200 billion in Chinese goods and agrees to hold off putting tariffs on a wider group of goods as talks proceed, that could be a big positive for stocks.

Strategas gives this scenario 30 percent odds, and if there’s an even better deal where there are no new tariffs and some are removed, the odds fall to 20 percent. In a note, Strategas saw just a 10 percent chance of absolute failure.

Trade and the Fed have been the two big fears hanging over the market, as it has sold off in October and November. After a 4.3 percent bounce back this week, the Dow is now up nearly 2.5 percent for the year. It surged more than 617 points Wednesday, after Fed Chairman Jerome Powell said the fed funds rate was close to neutral, meaning interest rates do not need to be raised much more.

The S&P 500, ending Thursday at 2,737, is up 4 percent for the week and is now up 2.4 percent for the year.

“To me the Powell comments were above and beyond what I expected. The market is pricing that in, and if there’s a 25 percent tariff off the table that’s worth 1.5 to 4 percent in equities, based on our earnings model,” said Parker.

If instead, talks breakdown and the U.S. moves forward on further tariffs, the S&P 500 could slide about 200 points to 2,550, Parker said.

“My theory is that the markets are having tremendous influence on Jay Powell and on Donald Trump. I don’t think Powell blinked because of Trump. If Powell blinked, it was because of the market and I’d make a similar comparison to the markets and trade. The markets have sent a clear signal,” said Greg Valliere, chief global analyst at Horizon Investments.

Valliere said he believes Trump is more sensitive to the market’s moves. “I think the market blowback to Trump’s trade policies took him aback. I think he feels he’s going to get something out of Buenos Aires. The question is, ‘what is something?’ The very least is a good atmospherics, a good photo op, a nice dinner. They superficially get along? I think they need to issue a statement they are planning to speed up the pace on talks and try to get a resolution,” said Valliere.

“The ultimate bargaining chip is to back away from the additional 25 percent tariffs at the end of the year,” he said. “I’ve thought all along that would be part of an agreement in Buenos Aires. Just as Powell listened to the markets, I think Trump listens to the markets. I think on both Fed policy and China trade policy, the markets will have gotten their way. The markets should be pleased with both Powell and Trump listening to their message.”

As for a trade deal, Valliere said it could take a while and come later in the year. “China is a very proud country, and it will take many months to get a deal,” he said.

WATCH: Navarro going to G-20 summit not a good sign


Company: cnbc, Activity: cnbc, Date: 2018-11-29  Authors: patti domm, jonathan ernst
Keywords: news, cnbc, companies, fed, tariffs, stock, trade, think, rescue, red, markets, trump, market, ending, 2018, talks, president, powell, 25


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Robert Mueller’s Russia probe is red hot again after midterm election quiet period

They include Trump’s former campaign chairman, his former personal lawyer and fixer, a former campaign advisor and his longtime confidant. And he ramped up his already hostile attitude toward the probe — which he has called corrupt, illegal and a “witch hunt” — as new details emerged. Trump’s legal team insists the president is cooperating with the Mueller probe to an unprecedented degree. But the president continues to rail against the special counsel, recently claiming, “Mueller is a conflicte


They include Trump’s former campaign chairman, his former personal lawyer and fixer, a former campaign advisor and his longtime confidant. And he ramped up his already hostile attitude toward the probe — which he has called corrupt, illegal and a “witch hunt” — as new details emerged. Trump’s legal team insists the president is cooperating with the Mueller probe to an unprecedented degree. But the president continues to rail against the special counsel, recently claiming, “Mueller is a conflicte
Robert Mueller’s Russia probe is red hot again after midterm election quiet period Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-29  Authors: kevin breuninger
Keywords: news, cnbc, companies, month, robert, midterm, quiet, muellers, witch, probe, investigation, red, trump, president, hot, election, presidential, russia, special, period


Robert Mueller's Russia probe is red hot again after midterm election quiet period

Michael Cohen pleads guilty to lying to Congress about Trump Tower project in Moscow 15 Hours Ago | 01:39

After a hibernation period during the midterm elections, special counsel Robert Mueller’s sprawling criminal investigation roared back into the public eye in November.

The month was marked by a series of bombshell developments for a handful of key players in the investigation, all of whom have connections to President Donald Trump.

They include Trump’s former campaign chairman, his former personal lawyer and fixer, a former campaign advisor and his longtime confidant.

Trump has certainly taken notice. And he ramped up his already hostile attitude toward the probe — which he has called corrupt, illegal and a “witch hunt” — as new details emerged.

“So much happening with the now discredited Witch Hunt,” Trump tweeted Wednesday night — just hours before a key figure in the case pleaded guilty to new charges lodged by the special counsel.

Mueller since last year has been investigating Russian interference in the 2016 U.S. presidential election, possible coordination between Russia and Trump campaign-related people, and potential obstruction of justice by the president himself.

Trump’s legal team insists the president is cooperating with the Mueller probe to an unprecedented degree.

But the president continues to rail against the special counsel, recently claiming, “Mueller is a conflicted prosecutor gone rogue.”

He and one of his lawyers also continue to publicly suggest that presidential pardons for some of Mueller’s targets may not be off the table.

A month earlier, it was widely speculated that the Russia probe might be wrapping up its final stages. Now, the investigation appears to be hitting its stride.

Here’s what happened to some of its most high-profile figures this month:


Company: cnbc, Activity: cnbc, Date: 2018-11-29  Authors: kevin breuninger
Keywords: news, cnbc, companies, month, robert, midterm, quiet, muellers, witch, probe, investigation, red, trump, president, hot, election, presidential, russia, special, period


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A second ‘FAANG’ stock just went red for the year as popular tech trade dies

While Facebook turned negative a few months ago, Alphabet became the second major tech company to go negative. Tech stocks overall were hit hard Tuesday as the Nasdaq Composite Index slid another 1.2 percent. Facebook and Alphabet are just two of the companies that make up the group of large tech stocks commonly known as FAANG. Still, the three other FAANG stocks hung onto their gains for the year. Clarification: This story was revised to clarify the timing of the decline of more than $1 trillio


While Facebook turned negative a few months ago, Alphabet became the second major tech company to go negative. Tech stocks overall were hit hard Tuesday as the Nasdaq Composite Index slid another 1.2 percent. Facebook and Alphabet are just two of the companies that make up the group of large tech stocks commonly known as FAANG. Still, the three other FAANG stocks hung onto their gains for the year. Clarification: This story was revised to clarify the timing of the decline of more than $1 trillio
A second ‘FAANG’ stock just went red for the year as popular tech trade dies Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-20  Authors: lauren feiner, anindito mukheriee, bloomberg, getty images
Keywords: news, cnbc, companies, faang, stocks, trade, apple, popular, tech, trillion, stock, second, went, dies, alphabet, google, company, netflix, red, facebook


A second 'FAANG' stock just went red for the year as popular tech trade dies

Facebook and Google parent company Alphabet stocks are now down for the year. While Facebook turned negative a few months ago, Alphabet became the second major tech company to go negative.

Tech stocks overall were hit hard Tuesday as the Nasdaq Composite Index slid another 1.2 percent. Facebook and Alphabet are just two of the companies that make up the group of large tech stocks commonly known as FAANG. The others are Amazon, Apple and Netflix. As of Tuesday, the FAANG stocks have lost more than $1 trillion from their recent highs.

Still, the three other FAANG stocks hung onto their gains for the year. As of Tuesday, Amazon was up 30 percent year to date, Apple was up 5.7 percent and Netflix was up nearly 42 percent.

Facebook was down more than 25 percent this year and Alphabet was down more than 2 percent as of Tuesday. The year has been tumultuous for Facebook, which has faced a series of scandals involving misinformation on its platform and questions over data privacy. Google employees walked out of offices around the world earlier this month after The New York Times reported that the company had paid out a $90 million exit package to a former executive who was accused of sexual misconduct.

Clarification: This story was revised to clarify the timing of the decline of more than $1 trillion in market value for FAANG stocks.

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Company: cnbc, Activity: cnbc, Date: 2018-11-20  Authors: lauren feiner, anindito mukheriee, bloomberg, getty images
Keywords: news, cnbc, companies, faang, stocks, trade, apple, popular, tech, trillion, stock, second, went, dies, alphabet, google, company, netflix, red, facebook


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Netherlands looks set to regain Grand Prix slot in Formula One calendar

A Formula One (F1) Grand Prix in the Netherlands is a frontrunner to be added to the motorsport’s calendar from 2020, after senior figures within the group talked up its potential this past weekend. Dutch interest in F1 has risen again with the emergence of the Red Bull driver Max Verstappen. The Dutch national has been tipped as a future world champion and is often praised for his aggressive driving style. Dutch F1 fans have had to make do with exhibitions and minor motorsport competitions at t


A Formula One (F1) Grand Prix in the Netherlands is a frontrunner to be added to the motorsport’s calendar from 2020, after senior figures within the group talked up its potential this past weekend. Dutch interest in F1 has risen again with the emergence of the Red Bull driver Max Verstappen. The Dutch national has been tipped as a future world champion and is often praised for his aggressive driving style. Dutch F1 fans have had to make do with exhibitions and minor motorsport competitions at t
Netherlands looks set to regain Grand Prix slot in Formula One calendar Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-19  Authors: adam reed, lars baron, getty images sport, getty images
Keywords: news, cnbc, companies, looks, circuit, racing, million, grand, regain, dutch, slot, formula, red, set, verstappen, prix, calendar, f1, netherlands, zandvoort, race


Netherlands looks set to regain Grand Prix slot in Formula One calendar

A Formula One (F1) Grand Prix in the Netherlands is a frontrunner to be added to the motorsport’s calendar from 2020, after senior figures within the group talked up its potential this past weekend.

Dutch interest in F1 has risen again with the emergence of the Red Bull driver Max Verstappen. The Dutch national has been tipped as a future world champion and is often praised for his aggressive driving style.

“We are very interested in racing in Holland,” Sean Bratches, the sport’s commercial managing director said when asked about a possible return to the Zandvoort circuit that hosted thirty races from 1952 to 1985.

“We are having productive conversations there and I am cautiously optimistic we can do something to surprise and delight fans in that territory and take advantage of the Max factor,” he added.

Local media reports have suggested a deal for 2020 could be on the table.

Dutch F1 fans have had to make do with exhibitions and minor motorsport competitions at the Zandvoort Circuit over recent years in order to get their racing fix. Verstappen, along with other Red Bull drivers, attracted more than 110,000 people earlier this year to a demonstration event.

The circuit, located in sand dunes on the Dutch North Sea coast, first hosted a Formula One championship race in 1952 but has been refurbished since 1985, when Austrian Niki Lauda won the last grand prix there.

Owners of the Zandvoort track were invited earlier this month to draw up proposals to take such a race back to the country. Dutch media reported it could cost 20 million euros ($22.8 million) to buy the rights to stage the event and that the total bill could hit 40 million euros.


Company: cnbc, Activity: cnbc, Date: 2018-11-19  Authors: adam reed, lars baron, getty images sport, getty images
Keywords: news, cnbc, companies, looks, circuit, racing, million, grand, regain, dutch, slot, formula, red, set, verstappen, prix, calendar, f1, netherlands, zandvoort, race


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