Organizers claimed that nearly 2 million Hong Kong protesters took to the streets Sunday in a rally to demand the city's top official resign a day after she suspended — but...China Politicsread more
The Fed is not likely to make a move on interest rates when it meets next week, but it should clear the way for a rate cut later in the summer.Market Insiderread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
In the survey, 66% of Democratic primary voters say they'd be enthusiastic or comfortable about Biden as their nominee to take on President Trump in the 2020 election. Just...Politicsread more
You can save money by doing a quick check and unsubscribing from apps you no longer use.Technologyread more
Investors are holding out hope that Fed Chair Jerome Powell lays the groundwork for a rate cut as soon as July. Even just one this year would be a mistake, says Amanda Agati,...Trading Nationread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Luckin's opportunity in China is "one of the world's greatest retail growth opportunities," according to KeyBanc Capital Markets.Investingread more
Specifically, he believes there are four major disruptors investors need to be prepared for, the biggest concern being emerging technology's impact on industries.
"I think we're at the very beginning stages of having total disruption," the CEO of Carson Wealth Management said in an interview with "Power Lunch. "
"It's going to replace massive number of jobs."
The other "buses" Carson believes are heading for financial advisors and their clients are the global central banks' unprecedented negative interest rates, regulatory forces in every industry stifling innovation and making growth more expensive, and investors and clients pulling money out of the markets.
His advice to investors is to "hug your risk budget."
"Investor behavior is what destroys wealth because they are not prepared for what can possibly happen," said Carson, who is a member of the CNBC Digital Financial Advisor Council.
"It's expensive to hedge, but it's fire insurance."
Carson said he believes the stock market will be slightly higher in 10 years, maybe by compounded 2 or 3 percent. That means investors need to look for alternative ways to accumulate wealth.
"There will be some real opportunities along the way."
— CNBC's Hailey Lee contributed to this report.