More than $750 million sitting in Powerball, Mega Millions jackpots. Here are key decisions if you win

More than $750 million sitting in Powerball, Mega Millions jackpots. Here are key decisions...

You also get to decide whether to take an immediate lump sum or spread your winnings across several decades. Either way, Uncle Sam will take 24 percent before it reaches you. For the $470 million Mega Millions jackpot, the cash option is $265 million. For the $282 million Powerball jackpot, it's $161.1 million. The 24…
Goldman banker who forged Amazon-Whole Foods merger reveals firm’s new strategy to win more deals

Goldman banker who forged Amazon-Whole Foods merger reveals firm’s new strategy to win more...

That will be on display Tuesday when Goldman holds a conference for corporate finance chiefs in Seattle for the first time. Amazon retail chief Jeff Wilke is scheduled have a fireside chat with Eisman in the company's Sphere conservatory, he said. Amazon, Apple and Microsoft executives will be interviewed by bankers including Dan Dees, co-head…
After meeting delay, Rosenstein to fly with Trump on Air Force One

After meeting delay, Rosenstein to fly with Trump on Air Force One

SAUL LOEB | AFP | Getty Images President Donald Trump stands alongside Rod Rosenstein (R), US Deputy Attorney General, during a roundtable discussion on immigration at Morrelly Homeland Security Center in Bethpage, New York, May 23, 2018.  Deputy Attorney General Rod Rosenstein will fly with President Donald Trump on Air Force One on Monday to…
Brazilian shares surge after far-right presidential candidate wins first round in a blowout

Brazilian shares surge after far-right presidential candidate wins first round in a blowout

Brazilian stocks rose sharply Monday after far-right presidential candidate Jair Bolsonaro left his opponents in the dust in the first round of voting. The iShares MSCI Brazil exchange-traded fund (EWZ) jumped 8.1 percent in the premarket. Bolsonaro garnered 46.7 percent of the votes in Sunday's first round, much more than any other candidate. Former Sao…
Stock market bears have their best chance in nearly four months to cut into the bulls’ 2018 lead

Stock market bears have their best chance in nearly four months to cut into...

If Wall Street's bears are going to fatten up at all before this year is through, they will probably have to capitalize within the next few weeks on hunting opportunities that suddenly seem more plentiful. The S&P 500 is still up 8 percent in 2018 after slipping 1 percent last week. Neither the bullish uptrend…
Secretary of State Mike Pompeo’s visit to China kicks off with a frosty exchange

Secretary of State Mike Pompeo’s visit to China kicks off with a frosty exchange

A meeting of top U.S. and Chinese diplomats got off to a frosty start on Monday, with U.S. Secretary of State Mike Pompeo and Chinese Foreign Minister and State Councillor Wang Yi airing grievances amid worsening bilateral relations. While the exchange included typical diplomatic pleasantries, and the two officials emphasized the need for cooperation, their…
Baker Hughes acquires 5% of ADNOC Drilling for $550 million

Baker Hughes acquires 5% of ADNOC Drilling for $550 million

Aaron M. Sprecher | Bloomberg | Getty Images Martin Craighead, president and chief executive officer of Baker Hughes. State energy giant Abu Dhabi National Oil Company (ADNOC) on Monday signed a strategic partnership agreement with Baker Hughes, allowing the world's second-largest services company to acquire a 5 percent stake in ADNOC's drilling unit. The transaction…
Trump is trying to ‘de-globalize’ the Chinese and US economies, former WTO chief says

Trump is trying to ‘de-globalize’ the Chinese and US economies, former WTO chief says

President Donald Trump is trying to "de-globalize" the U.S. and Chinese economies, the former head of the World Trade Organization (WTO) told CNBC on Monday. Trump has imposed tariffs on Chinese goods since the start of the year in an attempt to reduce the U.S.'s trade deficit. The controversial policy is intended to reduce the…
China’s markets tumble after the central bank moves to spur the economy

China’s markets tumble after the central bank moves to spur the economy

China's stock markets tumbled on Monday, as investors were unnerved by the central bank's decision to slash the amount of cash that the country's lenders must hold as reserves, in a bid to help spur economic growth. The People's Bank of China (PBOC) announced measures on Sunday to cut the reserve requirement ratio (RRR) —…
China says it’s not afraid of trade war with the US — its actions show Beijing is nervous

China says it’s not afraid of trade war with the US — its actions...

PBOC's latest move came at the end of a week-long national day holiday in China. When Chinese markets were closed last week, Hong Kong stocks fell for four consecutive days as investors grew increasingly concerned that the impact of the trade war is starting to show. Experts had expected the sell-off to spill over to…

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