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Jeremy Siegel: With tech down for the count, a 'surprise' move could lead the market higher

Jeremy Siegel: With tech down for the count, a 'surprise' move could lead the market higher

Finance
The stock market can "absolutely" go higher even without technology stocks leading the way, Wharton School finance professor Jeremy Siegel told CNBC on Friday. Tech stocks, which have delivered the best returns in recent years, have been hammered lately. October was their worst month since 2008. "We might get surprised by [investors] moving into some more dividend stocks even in a rising interest rate environment because bonds wouldn't be good and people who don't want the risk of tech might say, 'Hey, I want stocks that have had long-term good dividend performance for income,'" Siegel said on "Closing Bell." ...
Powerball jackpot surges to $750 million. If you win, don't count on remaining anonymous

Powerball jackpot surges to $750 million. If you win, don't count on remaining anonymous

Finance
It's starting to look like deja vu all over again. On the heels of the Mega Millions jackpot climbing for three months to $ 1.537 billion before someone nabbed the prize this week, Powerball's haul has surged to $ 750 million following no jackpot winners in Wednesday night's drawing. It marks the 21st straight drawing with no one picking all six winning numbers. The last time someone beat the astronomical odds against winning Powerball was Aug. 11, when the $ 245.6 million prize went to a man from Staten Island, New York. The current $ 750 million jackpot — up for grabs in Saturday night's drawing — marks the thir...
AP count: Nearly 11.8M enroll for Obama health law in 2018

AP count: Nearly 11.8M enroll for Obama health law in 2018

Health
Call it the political equivalent of a death-defying escape: former President Barack Obama's health care law pulled in nearly 11.8 million customers for 2018, despite the Republican campaign to erase it from the books. An Associated Press count found that nationwide enrollment was about 3 percent lower than last year. California, with more than 1.5 million sign-ups, was the last state to report, announcing its numbers on Wednesday. Sixteen states increased their enrollment from last year, according to AP's analysis. Six of those were carried by President Donald Trump in 2016, while 10 went for Democrat Hillary Clinton. However, of the total number of people signed up this year about 6 in 10 live in states that went for Trump, according to the AP's analysis. "If you had asked me a year ago ...
How to make your charitable donation dollars count

How to make your charitable donation dollars count

Finance
Americans are getting into the giving spirit. Of course, donations generally pick up as the holidays approach. About 40 percent of all donations are made in the last few weeks of the year, according to nonprofit rating site Charity Navigator.And 22 percent of American adults say they are giving more to charity in 2017 than they did last year, according to a recent Bankrate.com report. Only 12 percent said they are giving less.Altogether, charitable giving has increased year over year almost every year since 1976, Charity Navigator said. Last year, it reached a record $ 390 billion, and this year is on track to surpass even that."The pool keeps getting bigger as more and more people get involved," said Rachel Hutchisson, chair of the Giving Institute, a trade association. "Generosity is inc...