Stocks fell sharply on Thursday as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.Marketsread more
The yield on the 10-year Treasury note fell to its lowest level since 2017 as more traders grew confident in a longer U.S.-China conflict.Bondsread more
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
"For them to say that they don't work with the Chinese government is false," Secretary of State Mike Pompeo tells CNBC.Politicsread more
Facebook has stopped paying commission to staff for selling political advertisements on its platform, The Wall Street Journal reported.Technologyread more
Oil prices dropped on Thursday, extending falls from the previous session amid surging U.S. crude inventories as low refinery runs and ongoing trade tensions weighed on the...Energy Commoditiesread more
U.S. manufacturer growth hit new lows in May, the latest sign that the economic slowdown accelerated amid the ongoing trade war.Economyread more
Wall Street is under pressure, but a handful of stocks are breaking out to new highs. McDonald's, Waste Management, Hershey, Visa and Costco have notched records this month,...Trading Nationread more
No timetable has been set on returning the money to outside investors in Tepper's Appaloosa Management, source says.Hedge Fundsread more
Huawei is winning over more and more Apple fans in China as the escalated trade tensions stoked "nationalist sentiment," according to South China Morning Post.Marketsread more
Celebrity chef Mario Batali is being charged with indecent assault and battery, more than a year after admitting to sexual misconduct.Restaurantsread more
Jason Zweig, a best-selling author and investing columnist for The Wall Street Journal, sat down with CNBC's Mike Santoli for an in-depth discussion on the psychology of investing, the traits of successful investors and why the average investor is actually better off than the pros.
"If you're an individual investor, you have a massive advantage over professional investors, which is nobody's looking over your shoulder, except maybe your spouse or your significant other or your partner," Zweig said.
"And that cripples professional investors. And you don't have that cinder block tied to your ankles with a steel chain. You can judge your success by your own standards. And you can set your own time horizon. And I constantly urge people, think in terms of decades or generations rather than days or weeks or months or years," he added.
Zweig is the author of "The Devil's Financial Dictionary," among other books, and edited the revised edition of Benjamin Graham's "The Intelligent Investor," the classic text that Warren Buffett has described as "by far the best book about investing ever written."
In this exclusive interview, Zweig outlines the driving forces behind decision-making when it comes to money and investing and also discusses:
PRO subscribers can also read the entire transcript of the exclusive interview below.