- CNBC•18 hours ago
The greatest gift my father gave me were these 8 financial lessons
The Financial Industry Regulatory Authority Foundation estimate s nearly two-thirds of Americans c a n't pass a basic financial literacy test. Schools aren't instilling financial literacy along with ABCs and the three R's, but parents can educate kids about money.
Business Insider•yesterdayAll Apple employees now get standing desks — and Tim Cook has said he believes 'sitting is the new cancer' (AAPL)
Apple CEO Tim Cook recently disclosed an interesting detail about Apple Park, the company's new headquarters: Everyone gets a standing desk. "It's much better for your lifestyle," Cook said in a recent interview. Most of what happens inside Apple Park, the iPhone company's stunning new headquarters, is top secret.
Reuters•24 minutes agoGoogle to invest $550 million in Chinese e-commerce giant JD.com
Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant's efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com. The two companies described the investment as one piece of a broader partnership that will include the promotion of JD.com products on Google's shopping service. JD.com's investors include Chinese social media powerhouse Tencent Holdings Ltd, the arch-rival of Chinese e-commerce leader Alibaba Group Holding Ltd, and Walmart Inc.
- TheStreet.com•11 hours ago
Why GE's Stock Has Fallen 9% in the Last 30 Days
Shares of the beleaguered industrial giant are down 9.6% in the last 30 days, despite getting a boost from investors on May 21 when the company announced an $11.1 billion deal between GE Transportation and Wabtec. The challenges in the Power segment could pose a severe risk to GE's credit rating.
- TheStreet.com•2 days ago
Five Attractive REITs With Yields Above 5% for Income Investors
Real estate investment trusts are excellent investment vehicles for investors looking to generate current portfolio income. This is in large part because of the legal implications of operating as a real estate investment trust. REITs are required by law to pay out more than 90% of their net income as distributions to shareholders.
- Bloomberg Video•3 hours ago
Investors Should Pay Careful Attention to U.S.-China Trade Dispute, Jooste Says
Jun.17 -- Johan Jooste, chief investment officer at Bank of Singapore Ltd., talks about the trade disputes between the U.S. and China, and the implications for financial markets. He speaks with Haidi Lun on "Bloomberg Markets: Asia."
- MarketWatch•2 days ago
3 big lifestyle moves to make so you can retire early
There were several things I did to get to the point of early retirement. Retiring early can be done at all income levels, but the more you earn the more you can sock away and the more you’ll have to fund the retirement you want.
- CNBC•9 hours ago
Stocks are in 'reset,' but these 2 groups could deliver solid profits
The bull market is entering a new phase, but PNC Financial's Jeffrey Mills believes that's no reason to get negative on stocks. In an interview on CNBC's " Futures Now ," the firm's co-chief investment strategist acknowledged it will be hard to replicate
- MarketWatch•yesterday
Micron earnings: China probe poses wild card for highflying stock
Micron Technology Inc. faces many questions when it reports earnings, with the most important focusing on concern that memory-chip prices have wandered too high even amid continued strong demand from data centers. Chinese regulators launched a probe into memory chip makers like Micron, Samsung Electronics Co Ltd. (005930.KS) and SK Hynix Inc. (000660.KS) earlier this month.
- Zacks•2 days ago
One Year After Amazon Bought Whole Foods, Who's Winning the Grocery War?
Amazon AMZN might have forever changed the grocery industry exactly one year ago when the e-commerce giant bought Whole Foods for roughly $14 billion on June 16, 2017. Today, grocery delivery is commonplace across the entire industry. Nielsen NLSN and the Food Marketing Institute released their second-ever "Digitally Engaged Food Shopper" study earlier this year, which stated that within the next five to seven years 70% of consumers will do at least some grocery shopping online.
- MarketWatch•8 hours ago
What the stock market’s most crucial week of the year tells us about the road ahead
Stock-market investors navigated, virtually unscathed, a gauntlet of central-bank gatherings, a historic summit between President Donald Trump and North Korean Kim Jong Un, and flaring trade tensions. The S&P 500 index(^GSPC)ended the week essentially flat, managing the narrowest of weekly gains, up 0.02% to 2,779.66, while the Dow Jones Industrial Average(^DJI)posted a weekly decline of 0.9%. The Nasdaq Composite Index(^IXIC)outperformed both, rising 1.3% for the five-day period.
Business Insider•2 days agoThe crypto boom is like the dotcom bubble but that's not a bad thing: 'Selling crypto now is like selling Apple in 2001'
More than 1,000 cryptocurrency startups worldwide have raised over $10 billion over the last two years. Yoni Assia, the CEO of eToro, told BI this week: "95% are going to end as nothing because that’s startup funding." Many others in the industry agree. Investing in crypto now is "as good as an investment in the internet 10 years ago," Assia said.
- Business Insider•yesterday
Ford CEO Jim Hackett reveals details about how he's reinventing the 115-year-old car company (F)
Ford has developed a massive development plan for a new-mobility corridor stretching from Detroit through its revamped headquarters in Dearborn to the University of Michigan in Ann Arbor. CEO Jim Hackett is bringing his "design thinking" innovation and management approach to the task of remaking the 100-plus-year-old company. Ford has bought a huge, crumbling rail station near downtown Detroit and intends to combine it with a plan to revive the city's Corktown neighborhood to be a center of the carmaker's Smart Mobility efforts.
- Bloomberg•15 hours ago
Iran Says Three OPEC Members to Veto Saudi-Proposed Supply Boost
Iran says Venezuela and Iraq will join it in blocking a proposal to increase oil production that’s backed by Saudi Arabia and Russia when OPEC and its allies meet in Vienna this week. “Three OPEC founders are going to stop it,” Iran’s representative to the bloc Hossein Kazempour Ardebili said in comments to Bloomberg on Sunday.
- Bloomberg Video•4 hours ago
Japan's Mercari to Start Trading Tuesday After Raising $1.2 Billion in IPO
Jun.17 -- Japanese online marketplace Mercari Inc. raised 130.5 billion yen ($1.2 billion) in an initial public offering last week, after pricing at the top of the targeted range. Investors now gear up for the start of trading on Tuesday. Bloomberg's Pavel Alpeyev reports on "Bloomberg Daybreak: Asia."
InvestorPlace•20 hours agoIs Oracle Corporation’s Drop Your Chance to Load Up?
Shares of Oracle Corporation (NYSE:ORCL) haven’t been trading too well, tumbling some 5% on June 14. While ORCL stock started to recover as the week ended, some investors have to be wondering if this is a buying opportunity. JPMorgan analyst Mark Murphy downgraded the stock to neutral from overweight and cut his price target to $53 from $55.
- MarketWatch•8 hours ago
Don’t ever do this with your credit card
A shocking number of people with rewards credit cards are making the same mistakeComedy Central/Courtesy Everett CollectionRewards points won’t offset a shopping spree. If you have a credit card with a high interest rate, this is the worst mistake you could make. Nearly 40% of cardholders with a rewards credit card carry a balance, according to a recent survey from the credit-card website CompareCards.com.
- InvestorPlace•yesterday
3 Reasons Ford Motor Company Stock Is Worth a Spin
At 115 years old, Ford Motor Company (NYSE:F) has had to adapt to many wrenching changes. Ford stock is tough. Through it all, Ford has been able to find ways to overcome the challenges, and become a stronger company.
- TheStreet.com•18 hours ago
Closed-End Funds Provide Opportunities for Bargain Hunting Investors
Warren Ward readily acknowledges that closed-end funds occupy a particularly obscure niche in the market, but that's one reason why the Indiana certified financial planner likes them. Closed-end mutual funds have been around for years, with the sector tracing its roots to the 19th century. Closed-end funds have long had a small but faithful following, with about 2% of investors owning them in their portfolios.
Reuters•15 hours agoGE should be fined if French job pledges not met - France
U.S. company General Electric should be fined if it does not create as many jobs at Alstom as agreed when it purchased its energy subsidiary in 2015, a French government spokesman said on Sunday. GE had committed to create 1,000 net new jobs by the end of this year when it bought Alstom's energy business in 2015, but had created only 323 by the end of April, the Finance Ministry said last week. GE Chief Executive John Flannery informed French Finance Minister Bruno Le Maire this week that the target was now "out of reach" because of difficult market conditions.
- InvestorPlace•yesterday
A Deal with SNAP Could Be Just What Pandora Media Inc. Stock Needed
This week, music streaming platform Pandora Media Inc. (NYSE:P) made its way 10% higher after the company announced a new social media partnership with Snap Inc. (NYSE:SNAP). The partnership is a big deal for Pandora stock because it marks the firm’s first big step into social media integration and gives the firm a leg up on competitors with an easy-to-use sharing platform that will direct people to listen through Pandora.
- FX Empire•yesterday
Oil Price Fundamental Weekly Forecast – Traders Pricing in 1 Millon Bpd OPEC Production Increase
August West Texas Intermediate and international-benchmark Brent crude oil futures settled lower last week with the Brent contract feeling the brunt of the selling pressure. The weakness was fueled by aggressive position-squaring ahead of next week’s OPEC meeting in Vienna on June 22-23. August WTI crude oil finished the week at $64.85, down $1.84 or -2.84%, and August Brent settled at $73.44, down $2.50 or -3.40%.
InvestorPlace•16 hours agoNew Lows Almost Certainly Are in the Future for Petrobras Stock
Petroleo Brasileiro S.A. (PBR) (NYSE:PBR) has been so volatile it might make investors sick. Some might be asking whether they’re riding a roller coaster or are long on PBR stock. Given that, why go with PBR, which is not only being decimated from a stock-trading perspective, but also suffering thanks to its location in South America? It’s no secret the iShares MSCI Brazil Index (ETF) (NYSEARCA:EWZ) has been struggling big time this year.
- InvestorPlace•19 hours ago
BMW China Partnership Shows That Baidu Inc Is On The Right AI Track
The past few months have been a roller coaster ride for China digital search giant Baidu Inc (ADR) (NASDAQ:BIDU). From the beginning of April to the middle of May, BIDU stock rallied from $220 to $280 thanks to resurgent strength in China technology stocks and a really strong double-beat-and-raise first-quarter earnings report which underscored strengthening long-term fundamentals. Lu was widely considered to be the “AI guy” at Baidu, and AI is at the core of Baidu’s growth engine.
Reuters•3 hours agoAsian shares fall as U.S.-China trade spat escalates
TOKYO/SYDNEY (Reuters) - Asian shares fell on Monday after U.S. President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind. MSCI's broadest index of Asia-Pacific shares outside Japan skidded 0.4 percent to its lowest level since May 31. Financial markets in China and Hong Kong were closed for Dragon Boat festival holiday.
