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.
High-flyer Boeing BA just hit an air pocket, closing out last week with its worst weekly losses since March, on worries over an escalating trade war with China. Newton Advisors technical analyst Mark Newton is urging caution on the Dow leader. Boeing's losses over the last week could mark the beginning of a short-term correction for the stock, says Newton.
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.
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.
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.
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.
Michael Bell of JP Morgan Asset Management gives his take on the big market risks.
Google has been increasing its presence in China in recent times, and today it has continued that push by agreeing to a strategic partnership with e-commerce firm JD.com which will see Google purchase $550 million of shares in the Chinese firm. Google has made investments in China, released products there and opened up offices that include an AI hub, but now it is working with JD.com largely outside of China. In a joint release, the companies said they would "collaborate on a range of strategic initiatives, including joint development of retail solutions" in Europe, the U.S. and Southeast Asia.
Stocks opened lower on Monday amid lingering trade tensions between the U.S. and China, the two largest economies in the world. The Dow Jones industrial average dropped 250 points, with Intel as the worst-performing stock in the index. On Friday, President Donald Trump announced that the U.S. would inflict tariffs that would impact up to $50 billion worth of Chinese goods.
UBS raises its price target to $285 from $266 for Nvidia shares, citing the company's leadership in the artificial intelligence market. The firm predicts the "mass facial recognition and traffic monitoring" market will be an additional $5 billion sales opportunity for Nvidia by 2020. Nvidia NVDA shares will rise as the chipmaker benefits from governments using artificial intelligence technology to monitor its citizens, according to a Wall Street firm.
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.
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."
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
Gold futures are trading higher early Monday as aggressive investors take advantage of prices not seen since December 19. On Friday, gold plunged $29.80 or -2.33% on what looked like a delayed reaction to the Fed’s rate hike on Wednesday and the European Central Bank’s monetary policy moves on Thursday. At 0121 GMT, August Comex Gold futures are trading at $1284.30, up $5.80 or +0.44%.

The Fundstrat cofounder Tom Lee says bitcoin futures contracts could be linked to the cryptocurrency's "gut-wrenching" decline. LONDON — A Wall Street analyst known for his bullish stance on bitcoin has flagged the possibility that bitcoin futures contracts could be hurting the cryptocurrency's price. Bloomberg reports that Tom Lee, the cofounder of the research firm Fundstrat, said in a note last week that bitcoin futures contracts could be behind bitcoin's recent "gut-wrenching" price declines.
Audi CEO Rupert Stadler was arrested in connection with the diesel-cheating scandal, making him the highest-profile manager ensnared in the probe that’s engulfed the carmaker and parent Volkswagen for almost three years. Munich prosecutors investigating Audi’s role in the scandal said they arrested Stadler, 55, in the early hours of Monday at his house in Ingolstadt in Germany. With the escalation of the case, German prosecutors who have been probing VW since September 2015 have finally broken through to the automaker’s higher ranks.
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.
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.

Oil prices rose on Monday ahead of an OPEC meeting this week that is widely expected to increase global crude supply and as investors assessed the impact of a trade dispute between the United States and China. U.S. light crude oil hit a two-month low of $63.59 a barrel but they recovered to trade at $65.00, down 6 cents, by 1140 GMT. Benchmark Brent, meanwhile, rose more than $1 to a high of $74.45 a barrel and was trading at $74.40, up 96 cents, by 1210 GMT.
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.
There hasn’t been much happening in the crypto markets over the weekend which is something unusual for a market that has been used to a lot of volatility as compared to the other ones. Why Bitcoin Cash is Better than Bitcoin? How to Buy Bitcoin Cash?
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.

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.
Tehran says it has Iraqi and Venezuelan support to veto any proposal for more output, a position taken by both Saudi Arabia and Russia. “If the Kingdom of Saudi Arabia and Russia want to increase production, this requires unanimity,” Hossein Kazempour Ardebili, Iran’s OPEC representative, said on Sunday, before the group meets in Vienna on Friday.
Analyst: ‘We have seen investors escape into U.S. tech stocks, but that may be starting to run its course’President Donald Trump and Chinese President Xi Jinping shake hands during a meeting in Beijing in November 2017. U.S. stock-index futures pointed to a lower open on Monday, putting the Dow industrials on track for a fifth straight negative session as trade-war fears continued to dog global markets. Dow Jones Industrial Average futures (YMU18.CBT)gave up 212 points, or 0.8%, to 24,899, while S&P 500 futures (ESU18.CME)shed 18 points, or 0.6%, to 2,766.25.