China just expanded its efforts to boost consumption. Here are some stocks to watch

China has, in its own way, signaled it wants to support specific kinds of consumer purchases. Authorities on Thursday announced the equivalent of 300 billion yuan ($41.5 billion) in special bonds would go towards trade-ins and equipment upgrades — a significant...

Going for gold — Three ‘Big Short’ traders say the precious metal is a major long

“The Big Short” traders Danny Moses, Vincent Daniel and Porter Collins are focused on one of their top long bets: gold. “I just don’t think Americans have enough gold in their portfolio,” Collins said on CNBC’s ” Fast Money...

Climate change is gentrifying neighborhoods. In Miami, residents fear high prices — and a lost soul

A development towers over the Lyric Theater in Miami’s Overtown neighborhood.Greg IacurciMIAMI — Nicole Crooks stood in the plaza of the historic Lyric Theater, a royal blue hat shielding her from the midday sun that baked Miami.In its heyday, the theater, in...

Bill Ackman’s IPO of Pershing Square closed-end fund is delayed, NYSE says

Bill Ackman, founder and CEO of Pershing Square Capital Management.Adam Jeffery | CNBC Billionaire investor Bill Ackman is delaying the highly scrutinized listing of Pershing Square’s U.S. closed-end fund, according to a notice on the New York Stock...

Bill Ackman’s IPO of Pershing Square closed-end fund is postponed, NYSE says

Bill Ackman, founder and CEO of Pershing Square Capital Management.Adam Jeffery | CNBC Billionaire investor Bill Ackman is postponing the highly scrutinized listing of Pershing Square’s U.S. closed-end fund, according to a notice on the New York Stock...