
Housing affordability hit its worst level in nearly a decade during the first quarter, according to Attom Data Solutions. Attom measures affordability by comparing average wages to median home prices to determine the share of income people need to spend on housing. Prospective buyers needed to shell out more because mortgage rates rose.

Intel CEO Brian Krzanich resigned after the company learned of what it called a past, consensual relationship with an employee. Intel said Thursday that the relationship was in violation of the company's non-fraternization policy, which applies to all managers. Spokesman William Moss said Intel has had the policy in place for "many years." He declined to comment further.

Stocks were under pressure again on Thursday, driving U.S. indices lower once again on the week. The Dow Jones is now flirting with its eight consecutive close lower. Is it time to shop around with some new top stock trades? Top Stock Trades for Tomorrow
In a close decision delivered Thursday, the Supreme Court cleared the way for state and local governments to begin collecting sales taxes from online retailers and other merchants who lack a presence in a given locale. The decision could result in billions of dollars in extra tax revenues at the state and local level. The background: A 1992 court decision exempted retailers who lacked a physical presence in a state, such as catalog merchants, from paying sales taxes.

Marijuana stocks are surging after Canada became the second country in the world to legalize the drug. The Canadian Marijuana Index was up 3.34% as of 10:45 a.m. Marijuana stocks surged Wednesday morning after Canada legalized the drug.
Shares of GE fell Thursday morning after CNBC's David Faber reported it was expected to make a significant announcement about its future by the end of the second quarter. General Electric GE may not break up entirely, but it is heading toward a significant announcement about its future at the end of this month, CNBC's David Faber said Thursday. The company's announcement about its plans for the future has been widely anticipated.
"Shark Tank" investor and personal finance author Kevin O'Leary says that even married couples shouldn't only have joint checking accounts.

Intel Corp Chief Executive Brian Krzanich resigned on Thursday after an investigation found he had a consensual relationship with an employee in breach of company policy. Krzanich led Intel as rival chipmakers ate away at its dominance in the technology over several decades and he also presided over a series of high-level executive departures. The change in leadership comes as Intel expands beyond personal computers and servers into areas such as artificial intelligence and self-driving cars, where smaller competitors including Nvidia Corp are strong.
Filling your mind with pleasing images of retirement — what you’ll do, where you’ll reside — can divert attention from the daily grind. Counting the days until retirement gets easier if you’re used to priming your brain to work to your advantage. Joanne Waldman is director of training at Retirement Options, which certifies retirement coaches and offers retirement readiness assessments.
The Dow Jones industrial average, S&P 500 index and Nasdaq composite retreated Tuesday as President Donald Trump stepped up China trade war threats. Apple (AAPL) and Facebook (FB) fell back into buy range Tuesday, but found key support. On Wednesday,
Tech stocks have been unpredictable at times recently, but the sector has rebounded from volatility strongly, and there is no question that tech has been the leader of the market’s strong multiyear run. Finding a strong dividend-yielding tech stock might feel like searching for a golden goose, but investors should not feel too intimidated. In fact, dividend-focused investors can search for the best tech stocks by using the Zacks Stock Screener, the perfect one-stop screening tool for investors of all kinds.
Perhaps it is because trading stocks can often mirror the thrill of winning big at the blackjack tables, or maybe it is because Las Vegas conjures images of the world’s most flashy brands and businessmen. Regardless of the reason, it is clear that gambling stocks are always among the most popular on Wall Street. Luckily for investors, now is also a great time to be buying gambling stocks, as continued Vegas strength, a great recovery in Macau, and overall international interest in gaming have led to rising share prices.
Jim Cramer backs the stock of Intel despite Thursday's unexpected leadership change at the chipmaker.
CNBC's Jim Cramer breaks down why cloud-based enterprise software stocks are still red-hot despite Red Hat's disappointing guidance. The "Mad Money" host also hears from the CEOs of Okta and Zume, Inc. In the lightning round, Cramer recommends two plays for the current market environment.
After years where it husbanded resources in favor of paying dividends, AT&T (NYSE:T) was finally able to break out of its telecom box this week and buy Time Warner, now renamed WarnerMedia. CEO Randall Stephenson talks a good game, of reinventing AT&T for the cloud era. AT&T has spent the last two decades missing the biggest opportunity of the century.
The stock market’s strong run over the past few years brought attention to high-flying growth stocks, usually from the technology sector, that were consistently outpacing the market. REITs are companies that own, operate, or finance real estate properties that produce income, such as apartment complexes or retail locations. First of all, real estate can be a very profitable investment sector when certain economic conditions are present.
Stocks with a #1 (Strong Buy) ranking have a long history of outperforming the markets over a one-to-three-month time period, and it’s important to note that only 5% of the Zacks Rank universe receives this unique grade. Not only does this ranking system help identify the most elite companies, but it also enables people to hold a certain security while it continues to gain in value beyond the three-month investment horizon. Below, we highlight a stock that has evolved into a strong player in the broad semiconductor industry, and by following our ranking system, investors could have realized major gains.

Car stocks saw a bump in early June following news of easing Chinese import tariffs and rising U.S. import tariffs on foreign automakers. The reality of the currently volatile geopolitical situation is beginning to settle in for car stocks.
The ouster of Intel Corp. Chief Executive Officer Brian Krzanich for an inappropriate workplace relationship leaves the world’s second-largest chipmaker with the worst leadership crisis in its 50-year history. During a five-year stint as CEO, Krzanich upended Intel’s executive mentoring approach and pushed out several internal leaders, some of whom vied with him for the top job. Leaders who may have stepped into the CEO role in this situation but who left include Renee James, Stacy Smith, Dadi Perlmutter, Kirk Skaugen and Dianne Bryant.

By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks fell on Thursday, with the Dow slumping for an eighth straight decline as industrials wobbled again on trade war concerns while Amazon and other online retailers weakened after a U.S. Supreme Court
AT&T this morning announced the launch of a second TV streaming service, called WatchTV, days after its merger with Time Warner. The lower-cost alternative to AT&T's DirecTV Now will offer anyone the ability to join WatchTV for only $15 per month, but the service will also be bundled into AT&T wireless plans.
In a press release touting “another record year,” Intel dropped a bombshell, announcing that CEO Brian Krzanich is resigning, amid revelations of a “past consensual relationship” with an employee. “Intel was recently informed that Mr. Krzanich had a past consensual relationship with an Intel employee,” the company notes in the release. “An ongoing investigation by internal and external counsel has confirmed a violation of Intel’s non-fraternization policy, which applies to all managers.
Brian Krzanich stands to lose out on about $45.3 million after resigning as Intel Corp.’s chief executive officer after violating the company’s non-fraternization policy. As a result, he’ll forfeit about $7.8 million of restricted stock that pays out on a quarterly basis, and $37.5 million in performance equity grants made from 2016 to 2018.
Having a comprehensive, integrated and personalized retirement income plan is key for retirees and pre-retirees. Today’s retirees need to look at all available resources they may have available to them in their household balance sheet, which includes not only maximizing assets but also reducing liabilities. Many retirees overlook simple solutions to create and protect retirement income because they follow the herd instead of getting individual recommendations from a retirement planning expert.

If you start saving in a Roth IRA at age 15 rather than 25, you can double your savings by retirement with no extra work. "Individual retirement accounts, known as IRAs, are super smart places to put your money. Kobliner says young people should be taking advantage of Roth IRAs, because any earned income stored there will be taxed today rather than at withdrawal, when they're more than likely to be in a higher tax bracket.