Human stock pickers at hedge funds are actually beating their computer competition so far this year

Before computers completely take over the hedge-fund industry, they need to overcome one tiny obstacle: investment returns. In the first half of the year, computer-generated strategies, or what they call in the business, systematic strategies, returned 3.17 percent,...

‘Goldilocks’ environment for stocks, but a ‘big important catalyst’ could change that: Paulsen

The stock market should continue to climb higher despite the lack of progress on any of Trump’s policies in Washington, strategist Jim Paulsen told CNBC on Wednesday. For one, the market has no expectations for anything getting done, he said. However, “the...

45 Great Moments in Black Business – No. 40: The Auto Dealer That Broke The Billion-Dollar Barrier

Over 45 days, Black Enterprise shares 45 milestone events among the nation’s largest black-owned businesses that have had widespread impact on black economic development and American industry across four decades. This is in tribute to the 45th anniversary of...

Eurasia’s Bremmer: I broke story about the second G-20 Trump-Putin meeting because ‘nobody else’ did

Ian Bremmer, president of the political risk consultancy Eurasia Group, told CNBC on Wednesday he reported on a second, undisclosed G-20 meeting between President Donald Trump and Russian President Vladimir Putin because “nobody else was going to break...

Trump can’t make a health-care deal because he doesn’t understand health care

The blame in the Senate’s health care omnishambles is attaching to Majority Leader Mitch McConnell, and understandably so — he wrote the bill, he designed the process, he owns the result. But the absence of President Donald Trump from the story is, itself,...