Back News Saturday, September 23, 2017
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35m NewsWatch: This is (probably) how low Apple’s stock will go
Market Watch
Technical analysis shows that the iPhone maker’s shares may decline further, writes Nigam Arora.
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47m Updated Beat the System: London’s Uber ban has nothing to do with safety
Market Watch
Mayor Sadiq Khan is protecting the transport unions at an opportune time, writes Brett Arends.
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50m Updated NAFTA talks intensify; U.S. set to unveil demands on key issues
Reuters
OTTAWA (Reuters) - Talks to update the North American Free Trade Agreement looked set to intensify on Saturday as U.S. negotiators prepared for the first time to unveil their demands on some of the Trump administration's most challenging issues.
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Where should you retire? These 5 factors will help you decide1h 33m Where should you retire? These 5 factors will help you decide
USA Today
Your choice of retirement location will affect how big a nest egg you need, your health, and even your legacy, so choose thoughtfully.
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1h 41m Updated This is (probably) how low Apple’s stock will go
Market Watch
Technical analysis shows that the iPhone maker’s shares may decline further, writes Nigam Arora.
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1h 48m Uber, reviving old tactic, is backed by more than 500,000 in London row
Reuters
SAN FRANCISCO/LONDON (Reuters) - Half a million people have signed an online petition in under 24 hours backing Uber's bid to stay on the roads of London, showing the company is turning to its tried-and-tested tactic of asking customers for help when it locks horns with regulators.
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1h 59m After the hurricanes: What to know before retiring abroad
Market Watch
Researching weather patterns and “testing out” retirement abroad are crucial
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2h Updated MarketWatch First Take: Zuckerberg and investors both win in split quit, thanks to Wall Street love of Facebook
Market Watch
Mark Zuckerberg and Facebook Inc. investors got exactly what they wanted Friday with the surprise news that the company dropped its controversial shareholder plan, thanks to Wall Street’s love of Facebook stock.
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2h Updated Tesla shares suffer their worst losing streak in months
Market Watch
Tesla is on its longest losing streak in two months, ending the week off more than 7%.
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2h Updated Here’s why flagship stores for retailers like Apple and Starbucks have become tourist attractions
Market Watch
Tourists feel a deep connection to certain brands, and flock to flagship stores for companies like Apple and Starbucks as a result
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2h Updated The Sniff Test: Bed Bath & Beyond’s problems have little to do with Hurricane Harvey, analysts say
Market Watch
Home retailer missed earnings estimates by a wide gap and analysts said its competitors are not doing as poorly.
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2h Updated Earnings Outlook: Nike earnings: Even Jordan can’t clear hurdles in the athletic sector
Market Watch
Nike is facing a number of challenges this quarter, including a slowdown in the basketball category and a promotional athletic environment
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2h Snap backlash, Facebook capitulation won’t stop founder-friendly stock structures
Market Watch
Though it might seem as if the investor community is turning against dual-class share structures, there are still tough opponents who continue to argue for a founder-led approach.
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2h Updated WHO warns the world is running out of antibiotics
Market Watch
Not enough new antibiotics are being developed, which will challenge our ability to treat infections.
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2h Updated The Ratings Game: iPhone 8 reviews: Good, but nothing to get too excited about
Market Watch
Apple Inc. recently kicked off pre-orders for its iPhone 8 and iPhone 8 Plus with shipping to start on Friday, but reviews for the smartphone are tepid given that the slight upgrade is getting eclipsed by features touted on the more advanced, and more expensive, iPhone X.
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Rest easy: How not to lose sleep over buying a new mattress2h Rest easy: How not to lose sleep over buying a new mattress
USA Today
People have no shortage of choices when shopping for a bed these days, but finding the mattress that's going to best fit their needs without overpaying requires work.
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2h SportsWatch: Snubbed by NBA champ Stephen Curry, Trump takes back ‘invitation’ for White House fete
Market Watch
President Donald Trump on Saturday “uninvited” the NBA champion Golden State Warriors and star guard Stephen Curry to a White House congratulatory reception, taking to Twitter to say that “Going to the White House is considered a great honor for a championship team.Stephen Curry is hesitating, therefore invitation is withdrawn!”
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2h Updated This flaw in the human mind explains why the world is full of overconfident, bumbling know-it-alls
Market Watch
The gap between what we think we know and what we truly know leads us to bungle decisions at work, at home, in the ballot box, and in our brokerage accounts.
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2h Updated These 10 numbers reveal the average American’s financial health — how do you compare?
Market Watch
MarketWatch’s new dashboard paints a portrait in data of how the average family is faring financially.
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3h Updated Deep Dive: More than half of these high-yield dividend stocks are on sale
Market Watch
These consistent dividend payers have yields ranging from 5% to 12.5%. By Phil van Doorn.
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3h Updated Deep Dive: These 20 value stocks are disguised as bargain growth stocks
Market Watch
Some companies in the ‘value’ camp are increasing sales rapidly while becoming more profitable, says Phil van Doorn.
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3h Updated Deep Dive: Why it pays to take a second look at this year’s worst-performing Dividend Aristocrat stocks
Market Watch
These companies’ shares may have fallen this year, but many are able to keep raising their payouts, says Phil van Doorn.
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3h E.ON CFO defends plan to sell Uniper stake to Fortum: BoeZ
Reuters
FRANKFURT (Reuters) - German utility E.ON has good reason to try and sell its remaining stake in Uniper, the mainly fossil-fuels based power stations and trading business it spun off last year, to Finland's Fortum , its chief financial officer Marc Spieker said in an interview with Boersenzeitung (BoeZ).
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How to keep in the best mental/physical shape when you’re always working3h How to keep in the best mental/physical shape when you’re always working
USA Today
Here are a few ways to make better choices and stay (or get) healthy — even at the office.
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3h NewsWatch: Zuckerberg and investors both win in split quit, thanks to Wall Street love of Facebook
Market Watch
Mark Zuckerberg and Facebook Inc. investors got exactly what they wanted Friday with the surprise news that the company dropped its controversial shareholder plan, thanks to Wall Street’s love of Facebook stock.
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3h Updated The Tell: A rising share of Wall Street CFOs think this stock market is ‘bubblicious’
Market Watch
Wall Street stocks have been mostly on a record-setting uptrend and that has raised concerns from C-suite executives tasked with managing a corporation’s money, according to a quarterly survey conducted by Deloitte.
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3h The Moneyologist: I give my nanny time off — should I ask her to do extra babysitting as payback?
Market Watch
This father feels uncomfortable asking his nanny, who works over 50 hours per week, to stay late.
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3h Half a million sign petition supporting Uber in London
Reuters
SAN FRANCISCO/LONDON (Reuters) - Half a million people have signed an online petition in under 24 hours backing Uber's bid to stay on roads of London, showing the company is turning to its tried-and-tested tactic of asking customers for help when it locks horns with regulators.
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3h Updated Market Snapshot: New era of uncertainty dawns in the stock market as Fed begins to taper QE
Market Watch
As the Federal Reserve prepares to shut down the nearly decadelong quantitative-easing program and President Trump ramps up pressure on North Korea, some analysts are heralding the dawn of a new era where investors will have to grapple with unknown risks and uncertain rewards.
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4h Updated How a T-Mobile-Sprint merger would hurt consumers
Market Watch
It isn’t just T-Mobile and Sprint customers who would feel the effects of such a deal.
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4h Parents favor their sons over their daughters in this one life-changing way
Market Watch
Parents may have ‘antiquated expectations’ for their kids.
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4h Updated More parents are raising children without traditional gender roles
Market Watch
New survey of 12,000 people worldwide finds views of gender are shifting dramatically.
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4h These exotic flavors could steal pumpkin spice’s spotlight this fall
Market Watch
There’s been a bump in demand for chiles, curries and a slew of international flavors.
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4h In one traditional (or sexist) way, marriage in America has not changed in 50 years
Market Watch
Who should support a family financially — the husband or the wife?
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4h Updated This city has the best quality of life in the world (hint: it’s not in the U.S.)
Market Watch
Civil unrest and terrorism over the last year have hurt the score of many cities.
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6 states that are most likely to tax your Social Security income4h 6 states that are most likely to tax your Social Security income
USA Today
Though 13 states tax Social Security benefits, seven have pretty generous exemption levels.
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Financial preparation can help you weather all types of life storms5h Financial preparation can help you weather all types of life storms
USA Today
Just as those affected by hurricanes are hit by cash flow crises, so are people everyday who aren’t financially prepared for what life throws at them.
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A Foolish Take: America's favorite meat is beef, by far6h A Foolish Take: America's favorite meat is beef, by far
USA Today
Americans spend more on beef each year than any other type of meat.
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14h Wells Fargo hires new law firm to prepare CEO for Senate appearance
Reuters
NEW YORK (Reuters) - Wells Fargo & Co. has hired law firm Sidley Austin to take the lead in preparing Chief Executive Tim Sloan for his appearance before the U.S. Congress next month to answer questions about a year-long sales practices scandal, according to four sources with knowledge of the decision.
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14h Mutual Funds Weekly: Stock market bears take a swipe at ETF investors
Market Watch
Some days, the bear will eat you. And if you’re a pessimist, on other days the bear will eat you, too.
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Hurricane Maria halts crucial drug manufacturing in Puerto Rico, may spur shortages14h Updated Hurricane Maria halts crucial drug manufacturing in Puerto Rico, may spur shortages
USA Today
Drug companies rush to assess the damage and brace for the possibility of months of downtime.
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15h Take Five: World markets themes for the week ahead
Reuters
LONDON (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
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15h Shorting volatility: Rising risks mean itchier trigger fingers
Reuters
NEW YORK (Reuters) - A long stretch of low volatility for U.S. stocks has made betting on continued calm a popular and lucrative trade, but traders and strategists warn that risks to the trade have mounted, while the potential for profits has shrunk.
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15h Updated Exclusive: T-Mobile, Sprint close to agreeing on deal terms - sources
Reuters
(Reuters) - T-Mobile US Inc is close to agreeing tentative terms on a deal to merge with Sprint Corp , people familiar with the matter said on Friday, a major breakthrough in efforts to merge the third and fourth largest U.S. wireless carriers.
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Boeing lands blockbuster Dreamliner deal from Turkish worth up to $11 billion15h Boeing lands blockbuster Dreamliner deal from Turkish worth up to $11 billion
USA Today
The deal that would worth a whopping $11 billion at list prices, though airlines typically negotiate significant discounts on such orders.
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16h Brazil Supreme Court denies request to release JBS brothers
Reuters
SAO PAULO (Reuters) - Brazil Supreme Court Justice Gilmar Mendes on Friday denied a request to release from jail Joesley and Wesley Batista, the brothers who control the world's largest meatpacker JBS SA.
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17h The Wall Street Journal: U.S. notifies 21 states that Russians tried to hack their election results in 2016
Market Watch
The Department of Homeland Security on Friday gave election officials in nearly two dozen states additional information on Russian targeting of their election systems last year, ending months of uncertainty among administrators about which states were targeted in a Kremlin-backed effort.
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18h Investor group seeks probe into SEC hack, urges data rules delay
Reuters
WASHINGTON (Reuters) - A global investor group on Friday called for an independent investigation into a cyber breach at the U.S. Securities and Exchange Commission (SEC) and urged the regulator to delay new data-gathering rules until it could assure investors that its computer systems were secure.
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18h Zuckerberg nixes new Facebook share class after shareholder lawsuit
Reuters
WILMINGTON, Del. (Reuters) - Facebook Inc Chairman Mark Zuckerberg abandoned plans on Friday to create a new class of company stock with no voting power, which was meant to be a way for Zuckerberg to retain control over the company he founded while fulfilling a pledge to give away his wealth.
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Review: GMC Terrain Denali impresses with luxury touches18h Updated Review: GMC Terrain Denali impresses with luxury touches
USA Today
The SUV packs plenty of power and competes against the likes of Acura and Audi
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18h BMW to build new 8 series at German Dingolfing plant from 2018
Reuters
BERLIN (Reuters) - Carmaker BMW plans to build its new 8 series model at its plant in the southern German town of Dingolfing from 2018, strengthening the site's role in the production of premium models in addition to electric vehicle components.
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18h Updated Britain downgraded by Moody’s on Brexit concerns
Market Watch
Britain’s credit rating was downgraded on Friday night by Moody’s Investors Service, with the rating agency citing the impact of the country’s planned departure from the European Union.
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18h Snap backlash, Facebook capitulation won’t stop multi-class stock structures
Market Watch
Though it might seem as if the investor community is turning against dual-class share structures, there are still tough opponents who continue to argue for a founder-led approach.
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19h Ex-Akebia employee suspected of insider trading re-arrested
Reuters
BOSTON (Reuters) - A former Akebia Therapeutics Inc employee accused of insider trading was re-arrested on Friday after violating a bail condition as a prosecutor who once called him "increasingly unhinged" said he would seek the man's detention pending trial.
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19h Updated Hurricane Maria barrels over Turks and Caicos as death toll mounts
Market Watch
The Category 3 storm has devastated Puerto Rico and other Caribbean islands and killed at least 30 people.
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19h Market Snapshot: Dow, S&P 500 eke out small gains, post second weekly advance
Market Watch
U.S. stocks bounce late in the session, paring early losses and ending little changed on Friday as investors shook off the latest bellicosities between North Korean and U.S. leaders.
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19h Zuckerberg abandons bid for nonvoting Facebook shares after investor fight
Market Watch
Facebook announced late Friday that it was abandoning its bid to create a dual share class structure because the stock’s gains allow Chief Executive Mark Zuckerberg to both sell shares to fund his philanthropy and retain control of the company.
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19h Updated The Tell: Why this week’s jump by 2-year Treasury yields is a ‘big deal’ for stock-market bulls
Market Watch
The yield on 2-year Treasury notes hit a nearly nine-year high following the Federal Reserve’s policy meeting earlier this week. Here’s why this is a “big deal” for stock market bulls, as well as those looking for a rebound by a beaten-down U.S. dollar.
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19h Updated The Moneyologist: I give my nanny time off — should I ask her to do after-hours babysitting as payback?
Market Watch
This father feels uncomfortable asking his nanny, who works over 50 hours per week, to stay late.
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19h Updated What’s keeping teenagers unemployed? Online personality tests
Market Watch
A new report highlights how hiring practices make it more difficult for teens to get jobs.
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19h Traditional or sexist? In one way, marriage in America has not changed in 50 years
Market Watch
Who should support a family financially — the husband or the wife?
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19h The Tell: 3 reasons the U.S. dollar’s strength versus the yen could be here to stay
Market Watch
Despite tensions between North Korea and the U.S. and its allies, the dollar reached a two-month high against the Japanese yen, a traditional safe haven recently, and the rally could have more to give.
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Cheap imports hurt U.S. solar industry; Trade panel19h Updated Cheap imports hurt U.S. solar industry; Trade panel
USA Today
A U.S. trade panel has ruled that low-cost solar panels imported from China and other countries have caused serious injury to American manufacturers.
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19h NewsWatch: A rising share of Wall Street CFOs think this stock market is ‘bubblicious’
Market Watch
Wall Street stocks have been mostly on a record-setting uptrend and that has raised concerns from C-suite executives tasked with managing a corporation’s money, according to a quarterly survey conducted by Deloitte.
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19h Weekend Sip: A $900 whisky that’s ‘smooth, elegant and packs a punch’ — like a British spy
Market Watch
The 26-year-old GlenDronach was selected to tie-in with the movie ‘Kingsman: The Golden Circle.’
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19h Wall Street edges up, shaking off healthcare, North Korea worries
Reuters
NEW YORK (Reuters) - The S&P 500 closed slightly higher on Friday even though Apple was a drag, as worries about Washington's latest healthcare legislation proposal eased and investors shrugged off concerns about North Korea.
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19h Updated Capitol Report: Even after McCain statement, Republicans can try again to kill Obamacare
Market Watch
Republicans’ hopes of repealing Obamacare suffered their latest setback on Friday as Sen. John McCain said he couldn’t support a proposal from Sens. Lindsey Graham and Bill Cassidy. But that doesn’t mean their effort is dead.
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19h Market Extra: Stocks—at their 4th-most expensive level ever—are ‘smack-dab’ in ‘bubble territory’
Market Watch
If you’re a U.S. stock market investor, there is good news and bad news. The good news is that a popular measure of valuation may be overstating how expensive the market is at current levels. The bad news is that a different one suggests things are worse.
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20h Facebook drops Class C plan: shareholder attorney
Reuters
WILMINGTON, Del. (Reuters) - Facebook Inc has dropped its plan to issue Class C stock, according to an attorney who sued the company on behalf of a Facebook shareholder because the plan would have allegedly extended founder Mark Zuckerberg's control over the company.
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Health care stocks surge after Sen. McCain withdraws support for GOP bill20h Updated Health care stocks surge after Sen. McCain withdraws support for GOP bill
USA Today
Health care stocks climbed 0.5% from session lows to attempt slight gains in afternoon trade after Sen. John McCain withdrew support for GOP health care bill.
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T-Mobile, sprint close to a deal20h T-Mobile, sprint close to a deal
USA Today
T-Mobile US is close to agreeinging on tentative terms on a deal to merge with Sprint, sources told Reuters. Fred Katayama reports. Video provided by Reuters
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20h Fed officials in muddle over permanent vs temporary inflation lull
Reuters
OKLAHOMA CITY (Reuters) - Federal Reserve officials with competing views about inflation laid out on Friday the quandary facing U.S. policymakers as they wrestle over whether a recent dip in the pace of price increases is trivial, or the result of global forces that could permanently throw off the Fed's policy calculus.
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20h The Fed: Two Fed officials say ‘normal’ interest rates may peak far below prior cycles
Market Watch
The longer-run neutral interest rate is now closer to 2.25% or 2.5%, say two senior Federal Reserve officials.
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20h Updated Apple stock suffers worst product launch week of the iPhone era
Market Watch
Apple Inc. shares fall Friday, as the consumer electronics giant launched its new line of smartphones and watches, and turn in their worst weekly performance the week of a major product launch since the original iPhone was released back in 2007, following less-than-stellar product reviews.
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20h Trump Today: Trump Today: President tweets support for losing causes
Market Watch
President Donald Trump, ahead of a rally before a key Republican primary, spent Friday at his New Jersey golf course pressing for health-care legislation that now appears dead, touting a candidate who’s expected to lose and trading barbs with a dictator.
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20h College fraternities will make you dumber — and richer
Market Watch
There are some things that good grades just can’t buy.
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20h Updated Online snack sales are soaring as more people eat healthy snacks during traditional meals
Market Watch
Experts say online snack sales are growing due to a number of factors, including the increased consumption of snacks during meals.
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20h Updated The Ratings Game: Apple’s ‘short-term pain’ sets stock up for long-term gain
Market Watch
Apple’s stock keeps falling as hype over the iPhone 8 launch wanes, but some analysts say any near-term weakness just sets the stock up for longer-term gains.
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20h Updated How binge-drinking in college could affect the rest of your life
Market Watch
Research looks at the impact of alcohol on finding and keeping a job.
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20h It’s the first day of fall! These exotic flavors could steal pumpkin spice’s spotlight
Market Watch
There’s been a bump in demand for chiles, curries and a slew of international flavors.
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20h Bond Report: Treasury yields rise for the week as Fed displays hawkish feathers
Market Watch
Treasury yields rose for the week after the Federal Reserve pressed forward with its December rate hike despite concerns that softening inflation may prove more than temporary.
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When nearly everything's a winner, gold investors get antsy20h When nearly everything's a winner, gold investors get antsy
USA Today
A big part of why many investors are buying gold is that they're worried other investments, such as stocks and bonds, which are due for a drop.
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20h Updated Currencies: Dollar pulls back as North Korea turmoil flares again
Market Watch
The dollar falls broadly against most rivals, extending declines from the previous day as its post-Fed meeting glow faded and discord around North Korea bubble up again. Yet it managed to defend a second round of weekly gains.
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20h This is how much airline passengers paid in all those extra fees last year
Market Watch
Ryanair became the latest airline to tighten up free baggage policies last week.
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20h Updated ‘Dotard’ — and 10 less obvious things you should never say to a colleague
Market Watch
Kim Jong Un and President Trump are locked in a war of words.
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L.L. Bean's new ad can only be seen in the sunlight20h L.L. Bean's new ad can only be seen in the sunlight
USA Today
If you want to see L.L. Bean's new ad, you're going to have to step outdoors.
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20h Facebook trial over Class C stock canceled: Delaware court
Reuters
WILMINGTON, Del. (Reuters) - Facebook Inc's trial over a shareholder lawsuit opposing the company's stock reclassification has been canceled, according to a clerk in Delaware's Court of Chancery.
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Walmart skips the porch and delivers right to the fridge20h Updated Walmart skips the porch and delivers right to the fridge
USA Today
Walmart skips the porch and delivers right to the fridge
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20h Updated Finance chiefs are becoming increasingly pessimistic about the future
Market Watch
Deloitte’s third-quarter survey of CFOs finds them worried about the paralysis in Washington, D.C. and the growing tensions with North Korea.
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20h Futures Movers: Oil prices rise, extending streak of weekly gains
Market Watch
Oil ends slightly higher, with prices extending a streak of weekly gains, as major oil producers at an OPEC-led committee meeting boast record compliance with their production-cut agreement.
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Airbus says North American airlines now flying 1,500 of its jets21h Airbus says North American airlines now flying 1,500 of its jets
USA Today
The milestone was celebrated at the company's Mobile, Ala., assembly line with a brand new American Airlines A321 jet.
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Company fires employees who didn't work during Irma. Then, rehires them21h Company fires employees who didn't work during Irma. Then, rehires them
USA Today
The largest employer in Lee County, Fla., is scrambling to rehire the employees it released.
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21h Wall Street slips on healthcare, North Korea, earnings angst
Reuters
(Reuters) - U.S. stocks were down slightly in late afternoon trading on Friday as Apple weighed and investors eyed the progress of a healthcare bill in Washington on top of concerns about North Korea and the upcoming corporate earnings season.
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Genius new uses for that old iPhone21h Genius new uses for that old iPhone
USA Today
Don't give up that old smartphone just yet. You can still get plenty of use out of it.
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21h Native American tribe moves to dismiss Allergan patent case
Reuters
(Reuters) - A Native American tribe holding patents for drugmaker Allergan Plc on Friday moved to dismiss a case brought by generic drug company Mylan NV challenging the patents.
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Investing: 5 ridiculously silly mistakes no one needs to make21h Investing: 5 ridiculously silly mistakes no one needs to make
USA Today
It's easy to avoid these investing pitfalls -- if you know about them.
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P&G's Charmin offers free toilet paper to the 'Mad Pooper'21h P&G's Charmin offers free toilet paper to the 'Mad Pooper'
USA Today
The jogger that is bedeviling Colorado Springs, Colo., is building a fan base
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L.L. Bean publishes outdoors ad only visible in the sunlight21h L.L. Bean publishes outdoors ad only visible in the sunlight
USA Today
If you want to see L.L. Bean's new ad, you're going to have to step outdoors.
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10 gadgets that double as decor for your home's rustic farmhouse style21h 10 gadgets that double as decor for your home's rustic farmhouse style
USA Today
The rustic farmhouse look is so in right now, and you can get the look with everyday gadgets like a Crock-Pot, digital frame wall clock, electric kettle, and more.
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21h Key Words: The first black millionaire on Wall Street — and how that happened
Market Watch
Many of U.S. history’s most pioneering African-Americans, notes author Shane White, were advised to keep their heads down, to go along in order to get along. If Jeremiah Hamilton was given that advice, as well, he ignored it.
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London wants to boot Uber, which will keep running as it fights move21h London wants to boot Uber, which will keep running as it fights move
USA Today
Transport for London says it won’t renew a license for Uber to operate in the British capital.
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21h Metals Stocks: Gold ends slightly higher after North Korea threat, but posts weekly decline
Market Watch
Gold rises slightly on Friday, finding a modicum of support from heightened tension pegged to North Korea, but still records a second weekly decline in a row.
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21h Capitol Report: What to expect from Congress and Trump on tax reform next week
Market Watch
Investors can expect some more details about tax-reform goals next week from Washington but will have to wait longer to see legislation that would actually be voted on.
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CCleaner attack on millions of computers sought out telecom firms, app's owner says22h Updated CCleaner attack on millions of computers sought out telecom firms, app's owner says
USA Today
The CCleaner hack was specifically aimed at telecom equipment companies in the United States, South Korea, Taiwan and Japan
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Seven cool things to know about GMC trucks22h Updated Seven cool things to know about GMC trucks
USA Today
GMC built electric trucks -- in 1912. And that just one.
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22h Updated Market Snapshot: Stocks in holding pattern amid North Korea threat; Dow on track for 2nd weekly gain
Market Watch
U.S. stocks were little changed on Friday, as investors shrugged off the latest bout of geopolitical uncertainty to focus on a market that, while considered expensive, is still viewed one of the best values in the global economy.
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10 cities where your paycheck goes the furthest22h 10 cities where your paycheck goes the furthest
USA Today
When looking at where to live, you might want to consider a midsize city where your paycheck will go the furthest. Here are 10 good options.
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Time looks to sell 'Golf,' 'Sunset,' 'Coastal Living,' and stake in 'Essence'22h Time looks to sell 'Golf,' 'Sunset,' 'Coastal Living,' and stake in 'Essence'
USA Today
Time looks to divest some of its assets including Time U.K., "Golf" magazine and a majority stake in "Essence" magazine.
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Uber loses license to operate in London22h Uber loses license to operate in London
USA Today
One of its biggest markets outside the U.S.
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10 gadgets that will prevent everyday problems and make your life easier22h 10 gadgets that will prevent everyday problems and make your life easier
USA Today
Solve little problems around your house with smart products like the Halo Smoke Detector, Canary All-in-One Security Device, Eufy RoboVac 11c, and more.
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22h Key Words: The first black millionaire on Wall Street and how he achieved that distinction
Market Watch
Mary of U.S. history’s most pioneering African-Americans, notes author Shane White, were advised to keep their heads down, to go along in order to get along. If Jeremiah Hamilton was given that advice, as well, he ignored it, according to biographer Shane White.
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23h The UK plans to set its own rules for the financial-services industry after Brexit
CNBC
British ministers say long term competitive advantage for sector involves discrete regulation, Financial Times reports.
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23h Updated Swiss startup says high-tech water filter can remove bacteria, viruses and plastic
Market Watch
As people unfortunate enough to find themselves in the path of the recent string of hurricanes and other natural disasters scramble to access clean water, a Swiss startup says it has a product that could help.
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23h The Moneyologist: Will I automatically inherit my husband’s house?
Market Watch
This wife happens upon another reason for smart estate planning.
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23h Wall St. flat as gains in energy, industrials offset healthcare losses
Reuters
(Reuters) - U.S. stocks were little changed in early afternoon trading on Friday as losses in healthcare and technology stocks were evened out by gains in energy and industrial stocks.
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23h Updated London Markets: FTSE 100 pivots to end higher as pound weakens after May’s Brexit speech
Market Watch
U.K. stocks reverse course and rally to the close on Friday after Prime Minister Theresa May failed to instill confidence about the continuing Brexit talks at a speech in Florence, sparking weakness in sterling.
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23h Europe Markets: European stocks finished in the green after strong PMIs
Market Watch
European stocks edge mostly higher Friday, with upbeat economic data helping the market to move past weakness stemming from the latest round of tensions between North Korea and the U.S.
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23h The Wall Street Journal: Why financial advisers are not asking the right questions when it comes to ‘risk tolerance’
Market Watch
Advisers may be measuring something completely different—often leading to misguided investment strategies
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4 big ways lawmakers are messing with your retirement security23h 4 big ways lawmakers are messing with your retirement security
USA Today
If you're worried about retirement security, recent news out of Washington hasn't been helpful.
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23h Updated The Wall Street Journal: Spending alerts don’t work for the people who need them the most
Market Watch
Apps designed to curb spending make tightwads even tighter, but have no effect on others
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23h Updated The Wall Street Journal: Want to be happier? Buy some time
Market Watch
Paying for services like housecleaning and grocery delivery can help boost people’s mood.
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23h Updated The Wall Street Journal: Get a better deal on a new car by using this strategy
Market Watch
A reverse auction pits car dealers against each other bidding a price down, and you can set it up yourself.
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23h Ryanair crisis exposes low-cost scramble for senior pilots
Reuters
DUBLIN/BERLIN (Reuters) - Ryanair blames an internal "cock up", but its cancellation of 2,000 flights exposes the struggle that low-cost carriers face as they risk growing faster than their ability to recruit experienced pilots.
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23h Updated Next Avenue: Near retirement age, work and life is a balancing act
Market Watch
As workers reach their 50s and 60s, they often grapple with two big issues: work/life balance and job satisfaction.
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23h The Fed: New regional Fed model of underlying inflation points to more tightening
Market Watch
The New York Fed has released to the public its own model of so-called underlying inflation — and it suggests the Federal Reserve will have to keep tightening interest rates.
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23h Tesla shares are suffering their worst losing streak in months
Market Watch
Tesla is on its longest losing streak in two months, poised to end the week off more than 5%.
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Judge tosses a 'halal' lawsuit against Little Caesars; 1 remains23h Judge tosses a 'halal' lawsuit against Little Caesars; 1 remains
USA Today
A second lawsuit with different plaintiffs making the same allegations that regular pepperoni was used instead of halal pepperoni was allowed to proceed.
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23h Updated Market Extra: This is why Wall Street is pricing in status quo in Fed regime
Market Watch
By early 2018, the composition of the Federal Reserve’s policy committee may change dramatically, but markets continue to price in only the existing status quo, according to analysts
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Wal-Mart delivers to your fridge24h Wal-Mart delivers to your fridge
USA Today
The retailer is testing a service that has delivery persons putting groceries ordered online directly into customers' refrigerators. Video provided by Reuters
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24h Updated Market Snapshot: Stocks shrug off latest North Korea threat; Dow on track for 2nd weekly gain
Market Watch
U.S. stocks were little changed on Friday, as investors shrugged off the latest bout of geopolitical uncertainty to focus on a market that, while considered expensive, is still viewed one of the best values in the global economy.
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24h NewsWatch: Secret to Trump’s success? It’s not racism; it’s the economy, stupid
Market Watch
If Democrats continue to deny the economic roots of Donald Trump’s appeal, they are guaranteeing his victory in 2020, writes Darrell Delamaide.
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24h Moneyism: Searches for ‘dotard’ are soaring — meet the woman behind Merriam-Webster’s viral tweets
Market Watch
How Lauren Naturale has dealt with the hottest and most controversial words over the past year.
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24h Wall St. flat as losses in healthcare offset gains in energy
Reuters
(Reuters) - Wall Street was little changed in late morning trading on Friday as losses in financial and healthcare stocks were offset by gains in energy and industrial stocks.
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24h It’s the first day of fall! Meet the exotic flavors that could steal pumpkin spice’s spotlight
Market Watch
There’s been a bump in demand for chiles, curries and a slew of international flavors.
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24h Updated The Tell: Man who called S&P 500 to hit 2,500, says don’t bet against this stock market
Market Watch
A prominent equity bull Laszlo Birinyi, who accurately forecast that the S&P 500 would hit 2,500 by September, thinks the stock market has more room to run before 2017 is over.
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24h Metals Stocks: Gold tilts higher on North Korea’s threat, but on track for second weekly decline
Market Watch
Gold prices rise on Friday, finding support from heightened tension pegged to North Korea, but is on pace to record a second weekly decline in a row.
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24h Beat the System: London’s Uber ban isn’t about safety, it’s about protecting unions
Market Watch
Banning Uber in London isn’t about protecting the public, but about protecting cushy jobs in the taxi and transit industry, writes Brett Arends.
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25h Airlines charged passengers a record number of extra fees last year
Market Watch
Ryanair became the latest airline to tighten up free baggage policies last week.
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25h London Markets: FTSE 100 pivots higher as pound weakens after May’s Brexit speech
Market Watch
U.K. stocks reverse course and rally on Friday after Prime Minister Theresa May fails to instill confidence about the continuing Brexit talks at a speech in Florence, sparking weakness in sterling.
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Regulators strip Uber of London operating license25h Updated Regulators strip Uber of London operating license
USA Today
Transport for London says it won’t renew a license for Uber to operate in the British capital.
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25h Billionaire investor Jim Breyer on why big technology growth stocks will keep surging
CNBC
Jim Breyer is still bullish on large technology stocks in the U.S. and China for the next decade.
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25h Sleep pods are becoming increasingly common at airports
The Economist
IN THEORY, overnight air travel should be wonderfully convenient. Instead of booking a hotel for the night and losing a day, travellers simply sleep while they fly. In reality, sleeping on a plane is hard, and at an airport tougher still. The chairs in terminals, nobody’s idea of comfort to begin with, tend to have armrests that make splaying out unfeasible. Even in business-class lounges, travellers contort themselves into impossible shapes to pretend that workspace desks are actually beds. But soon there may be less need for such acrobatics. Sleep pods are coming to more and more airports. Last month, Washington Dulles International put out a call for proposals for a company to provide “a quiet and comfortable place within the airport to sleep, relax, or work while waiting to board a flight”. Mexico City’s airport has with a space-age design for $30 a night. YotelAir, which offers pods in...
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25h These homes are still worth less than they were in 2007
Market Watch
The national median home value masks the struggles in many other markets.
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25h Futures Movers: Oil prices fluctuate, but cling to a gain for the week
Market Watch
Oil fluctuates Friday, with prices holding on to a gain for the week, as major oil producers at an OPEC-led committee meeting boast record compliance with their production-cut agreement, but uncertainty surrounding a potential extension of the deal persists.
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25h Finance chiefs are becoming increasingly pessimistic about the outlook
Market Watch
Deloitte’s third-quarter survey of CFOs finds them worried about the paralysis in Washington, D.C. and the growing tensions with North Korea.
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25h Updated The ‘Pout-Pout Fish’ explores uncharted waters of bullying
Market Watch
Author Deborah Diesen tackles her most challenging subject yet in bestselling series.
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25h Updated Time Inc in talks to sell assets; warns on third-quarter ad revenue softness
Reuters
(Reuters) - Time Inc said on Friday it was looking to sell several assets, including Time Inc UK, and warned it experienced more-than-anticipated softness in both print and advertising revenue during the current quarter.
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The only 4 money rules you need to follow to become rich25h The only 4 money rules you need to follow to become rich
USA Today
They're simple, but they can change your financial future.
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25h Updated The number of single moms in college has soared, but they struggle to graduate
Market Watch
Nearly 40% of African-American women attending college are single moms.
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25h Phillips 66 Partners to buy Bakken assets from Phillips 66
Reuters
(Reuters) - Phillips 66 Partners LP said on Friday it would buy pipeline and other assets from parent Phillips 66 in a $2.4 billion deal that strengthens the master limited partnership's presence in the prolific Bakken basin.
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25h Key Words: London’s Uber decision unjustified, says Wilbur Ross
Market Watch
Count U.S. Commerce Secretary Wilbur Ross among the critics of the decision to not renew Uber’s license to operate in London.
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Conagra is buying Boomchickapop popcorn's parent company25h Conagra is buying Boomchickapop popcorn's parent company
USA Today
Conagra is acquiring Angie's Artisan Treats. The deal continues Conagra's efforts to bolster its portfolio of branded food and snacks.
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25h Updated This stock market rally is on thin ice
Market Watch
Seasonal weakness is upon us, says Simon Maierhofer.
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25h In one perhaps sexist way, marriage finances have not changed in 50 years
Market Watch
Who should support a family financially — the husband or the wife?
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25h The Fed: Fed’s Williams says ‘normal’ interest rate around 2.5%
Market Watch
The longer-run neutral interest rate is now around 2.5%, said San Francisco Fed President John Williams on Friday.
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25h Updated The Moneyologist: My sister stole my late mother’s clothes — can I get them back?
Market Watch
She believes that any clothes she gave her mother belong to her again.
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25h Economic Report: So far there’s little evidence Irma and Harvey have dented the U.S. economy
Market Watch
The U.S. economy appears to have largely shrugged off the damaged caused by hurricanes Irma and Harvey, according to one of the first looks at the growth in September.
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26h Updated Uber stripped of London license, plans to appeal
Reuters
LONDON (Reuters) - London stripped Uber on Friday of its license to operate from the end of next week in a huge blow to the taxi service and 3.5 million users in one of the world's wealthiest cities.
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Here's how you should be dressing for work26h Updated Here's how you should be dressing for work
USA Today
Rules for workplace dress: Be true to who you are, what you want to become and how you think of yourself
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J.C. Penney to hire 40,000 for holidays, the same as last year26h J.C. Penney to hire 40,000 for holidays, the same as last year
USA Today
J.C. Penney says it plans to hire more than 40,000 people during the holiday season, the same number as last year.
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Time Inc. looks to sell Golf, Sunset, Coastal Living, and stake in Essence26h Time Inc. looks to sell Golf, Sunset, Coastal Living, and stake in Essence
USA Today
Time Inc., is looking to divest some of its assets including Time Inc. U.K., Golf magazine and a majority stake in Essence magazine.
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Hurricane damage may trigger fuel glut, drop in gas prices, report says26h Hurricane damage may trigger fuel glut, drop in gas prices, report says
USA Today
Damage from hurricanes in the Caribbean, which sends a substantial amount of fuel oil to the U.S. Gulf Coast, could lead to a glut of the fuel.
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26h Wall St. flat as North Korea tensions make investors risk-averse
Reuters
(Reuters) - U.S. stocks were little changed on Friday as fresh concerns over tensions between North Korea and the United States weighed on the mood of investors.
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26h U.S. Commerce study argues for tougher NAFTA origin rules
Reuters
WASHINGTON (Reuters) - Seeking to bolster its case for tougher rules of origin in the North American Free Trade Agreement, the Trump administration released a new study on Friday that shows U.S. value-added content is declining for manufactured goods imported from Mexico and Canada.
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26h Market Snapshot: Stocks dip on latest North Korea threat; Dow on track for 2nd weekly gain
Market Watch
U.S. stock futures point to opening losses for Wall Street on Friday, as geopolitical tensions return to the fore after North Korea threatened to test a hydrogen bomb over the Pacific Ocean.
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Volkswagen isn't bugged by its plugged-in future26h Volkswagen isn't bugged by its plugged-in future
USA Today
Despite the diesel scandal, executives talk as if the future is bright
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Should you use a reverse mortgage to delay taking Social Security?26h Should you use a reverse mortgage to delay taking Social Security?
USA Today
Those who use a reverse mortgage to delay taking Social Security often assume debt.
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26h Updated Exclusive: T-Mobile, Sprint close to agreeing deal terms - sources
Reuters
(Reuters) - T-Mobile US Inc is close to agreeing tentative terms on a deal to merge with peer Sprint Corp , people familiar with the matter said on Friday, a major breakthrough in efforts to merge the third and fourth largest U.S. wireless carriers.
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26h Ascendis Pharma shares surge 42% as competitor Versartis plummets 85% on failed trial
Market Watch
Both companies are developing human growth hormone therapies for children, and Versartis’ product was expected to have an edge.
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26h The Wall Street Journal: Trump finalizes new restrictions to replace travel ban
Market Watch
The Trump administration is preparing to replace its controversial travel ban -- which sought to bar almost all travel to the U.S. from six countries -- with more targeted restrictions affecting a slightly larger number of countries, people familiar with the process said.
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26h Exclusive: VW moves to secure cobalt supplies in shift to electric cars
Reuters
LONDON (Reuters) - Germany's Volkswagen is moving to secure long-term supplies of cobalt, a vital component of rechargeable batteries, as the group accelerates its ambitious shift to electric cars.
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Governments will close down cryptocurrencies if they get too big, warns Jamie Dimon27h Governments will close down cryptocurrencies if they get too big, warns Jamie Dimon
USA Today
JPMorgan CEO Jamie Dimon has criticized bitcoin and digital currencies once again. Dimon called cryptocurrencies a "novelty" and said they are "worth nothing."
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27h Updated Wall St. opens lower as North Korea tensions rise
Reuters
(Reuters) - U.S. stocks opened lower on Friday as investors turned risk averse after North Korea and the United States entered into a fresh war of words.
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27h Updated Need to Know: Overly complacent investors may be in for a rude Fed wake-up call
Market Watch
Investors have been snoozing through lots of things -- even North Korean headlines are struggling to get much of a rise out of weary traders. But they may be all wrong when it comes to betting that the Fed may not stick to its game plan of rate hikes.
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27h Weekend Sip: Booze fit for a British spy that shouldn’t be shaken — or stirred
Market Watch
Scotch brand releases a limited edition whisky to tie in with “Kingsman” film.
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Silly rabbit, Trix are for kids whose parents don't mind artificial colors27h Silly rabbit, Trix are for kids whose parents don't mind artificial colors
USA Today
"We heard from many Trix fans that they missed the bright vibrant colors" of Classic Trix, the cereal maker said.
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27h Doing this in college will make you dumber — and richer
Market Watch
There are some things that good grades just can’t buy.
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27h Your first trade for Friday, September 22
CNBC
The "Fast Money" traders share their first moves for the market open.
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27h Bond Report: Treasury prices boosted as North Korean tensions flare-up
Market Watch
Treasury prices rebounded, dragging yields lower, on Friday trade after the North Korean regime threatened to test a hydrogen bomb in the Pacific Ocean, escalating tensions between the U.S. and stoking demand for Treasurys and other assets seen as safe
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27h Uber stripped of right to operate in London in latest blow to ride-sharing app
Market Watch
Transport for London, the body responsible for Greater London transport, said a review found Uber demonstrated a lack of corporate responsibility on a number of issues, including its approach to reporting serious criminal offenses.
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27h Updated Mark Hulbert: The shocking truth about stock returns in this century
Market Watch
Believe it or not, the S&P 500 has produced just a 0.9% annualized return after inflation since that top in March 2000.
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27h On the first day of fall, meet the exotic flavors that could steal pumpkin spice’s spotlight
Market Watch
There’s been a bump in demand for chiles, curries and a slew of international flavors.
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27h NewsWatch: Overly complacent investors may be in for a rude Fed wake-up call
Market Watch
Investors have been snoozing through lots of things -- even North Korean headlines are struggling to get much of a rise out of weary traders. But they may be all wrong when it comes to betting that the Fed may not stick to its game plan of rate hikes.
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You can make at least $20/hour at these 10 part-time jobs27h You can make at least $20/hour at these 10 part-time jobs
USA Today
These part-time jobs pay $20 per hour or more —nearly triple the federal minimum wage.
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27h Updated Being under surveillance changes our behavior — and not for the better
Market Watch
KB Home CEO Jeffrey Mezger was caught on tape berating comedian Kathy Griffin.
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27h Metals Stocks: Gold ticks higher on North Korea’s threat, but on track for worst week since July
Market Watch
Gold prices rose on Friday on heightened tension pegged to North Korea, but was on pace to record its worst weekly decline since early July.
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27h Updated How likely is it that the Fed will crash the stock market?
Market Watch
The central bank is draining liquidity from the financial system, which could act as a shock, says Nigam Arora.
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27h Updated Bottled water has overtaken soda — why you should avoid both
Market Watch
Some 45% of bottled water brands are sourced from the municipal water supply.
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27h Updated Toys ‘R’ Us bankruptcy could push retail loan default rate past 10% by year-end: Fitch
Market Watch
Toys ‘R’ Us’ bankruptcy filing has driven up the loan default rate, and it can go higher by year end.
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27h Phillips 66 to sell assets to MLP in $2.4 billion deal
Reuters
(Reuters) - Phillips 66 Partners LP , the master limited partnership (MLP) of Phillips 66 , said it would buy assets from the refiner in a deal valued at $2.4 billion, including debt, in its biggest acquisition ever.
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Entrepreneurs, you've got to play it safe as you plan ahead28h Entrepreneurs, you've got to play it safe as you plan ahead
USA Today
Take a lesson from the devastation from Hurricanes Harvey and Irma and protect your small business.
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28h Once German risk passes, China and the EU are waiting in the wings
Market Watch
After Germans vote in their general election, what’s next for investors to watch? A major meeting of China’s top politicians and wrangling over U.S. tax cuts are among the events and issues that analysts say have the potential to make markets sit up and listen.
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28h Updated The Tell: That’ll do, Dow: The average’s 9-day rally is over—but still historic
Market Watch
All good things must come to an end, but they’ve been taking unusually long to do so this year.
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28h JPMorgan picks Warsaw for new operations center: Polish deputy PM
Reuters
WARSAW (Reuters) - U.S. bank JPMorgan Chase has chosen Warsaw to host a new global operations center that will employ several thousand people over the next couple of years, Polish Deputy Prime Minister Mateusz Morawiecki said on Friday.
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28h Futures slightly lower as U.S.-North Korea tensions escalate
Reuters
(Reuters) - U.S. stock index futures were slightly lower on Friday after tensions between North Korea and the United States escalated again, pushing investors to safe-haven assets.
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28h Updated Uber stripped of London license
Reuters
LONDON (Reuters) - London stripped Uber [UBER.UL] on Friday of its license to operate from the end of September in a huge blow to the taxi app that will affect more than 40,000 drivers in one of the world's biggest cities.
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28h UK fintech start-up looks to raise $54 million investment for global expansion
CNBC
Mobile-only challenger bank Starling plans to raise £40 million ($54 million) from investors to drive expansion into markets beyond the U.K.
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28h Time Inc says in talks to sell several assets
Reuters
(Reuters) - Magazine publisher Time Inc said it was looking to sell several assets, including Time Inc UK, Time Customer Service and a majority stake in the Essence magazine.
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28h Updated Despite tough talk, Canada seen unlikely to walk away from NAFTA
Reuters
OTTAWA (Reuters) - Despite Canada's threats to walk away from NAFTA talks if necessary, its limited success in diversifying exports leaves the nation too reliant on U.S. markets to play hardball, government insiders and trade experts say.
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29h Futures Movers: Oil prices fluctuate as uncertainty persists over OPEC production-cut extension
Market Watch
Crude prices fluctuated between gains and losses Friday while an OPEC meeting was under way amid uncertainty about whether major oil producers will extend a deal to limit supply.
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29h Without U.S., 11 nations in TPP inch closer to a deal
Reuters
TOKYO (Reuters) - The 11 nations remaining in the Trans-Pacific Partnership after the United States withdrew have inched closer to a comprehensive deal, offering hope that major countries can maintain free trade in the face of U.S. protectionism, a negotiator said on Friday.
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29h Currencies: Dollar gauge pulls back as North Korean instability factors again
Market Watch
The dollar fell broadly against most rivals Friday, losing its post-Fed meeting glow as international discord around North Korea bubbled up again.
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29h Uber stripped of right to operate in London
Market Watch
Transport for London, responsible for the Greater London transport, said its review of the service found Uber demonstrated a lack of corporate responsibility in a number of issues, including its approach to reporting serious criminal offenses.
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GM invests in wind power as part of electric vehicle push29h GM invests in wind power as part of electric vehicle push
USA Today
The automaker can make the case that its wind energy offsets electricity generated for its battery-powered cars
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29h Updated In One Chart: Apple may not be the unstoppable force behind stock-market records it once was
Market Watch
A few weeks ago, CNBC declared last month to be “The August of Apple,” pointing out how the stock had been leading all Dow components as the blue-chip index continued its assault on record highs. What a difference a month makes.
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Rollovers keep IRAs relevant by preserving tax shelter29h Rollovers keep IRAs relevant by preserving tax shelter
USA Today
They remain a vibrant area of IRA activity, with continuing growth likely ahead as more baby boomers retire and younger workers switch jobs.
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29h Updated Deep Dive: These life-science stocks provide biotech-like performance without the gyrations
Market Watch
Life-science equipment-and-service providers have retuned as much as 60% this year. By Phil van Doorn.
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29h Updated Apple stock on track for worst week ahead of an iPhone launch
Market Watch
Apple Inc. shares head for their worst week ahead of a major product launch since the original iPhone was released back in 2007 after the consumer electronics giant is battered by less-than-stellar reviews on its new slate of product offerings.
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29h Updated MarketWatch First Take: Why Google’s HTC deal may be different than the Motorola bomb
Market Watch
Alphabet Inc.’s $1.1 billion deal to buy of part of HTC’s smartphone assets has some investors jittery that its Google division may be making another big hardware mistake, much like its controversial $12.5 billion buy of Motorola Mobility in 2012.
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29h GE nears sale of its industrial unit to ABB: Bloomberg
Reuters
(Reuters) - General Electric Co is nearing a deal to sell its industrial solutions unit to Swiss engineering company ABB Ltd in a deal valued at $2.5 billion to $3 billion, Bloomberg reported, citing people with knowledge of the matter.
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29h Uber stripped of its license to operate in London
Reuters
LONDON (Reuters) - London's transport regulator on Friday stripped Uber [UBER.UL] of its license to operate from the end of the month, affecting over 40,000 drivers in a huge blow to the taxi app.
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30h All the asset bubbles in one humongous graphic
Market Watch
Jared Dillian says everything is a bubble and it’s all about to blow.
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30h North Korea jitters ease as focus moves to Brexit speech
Reuters
LONDON (Reuters) - Jitters over a fresh exchange of barbs between North Korea and the United States eased in Europe on Friday as strong economic data supported European stocks, and investors' focus turned to a planned speech by Britain's prime minister on Brexit.
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30h Nintendo Switches on the Growth
The Wall Street Journal
Japanese videogame maker Nintendo is having another renaissance, but execution remains an obstacle to realizing investors’ lofty expectations.
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30h Market Snapshot: U.S. stock futures fall after North Korean nuclear bomb threat
Market Watch
U.S. stock futures point to opening losses for Wall Street on Friday, as geopolitical tensions return to the fore after North Korea threatened to test a hydrogen bomb over the Pacific Ocean.
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31h Parents save more for college for sons than daughters
Market Watch
Parents may have ‘antiquated expectations’ for their kids.
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31h Insiders love these 14 retail stocks hit by the Amazon.com wrecking ball
Market Watch
Top executives buying shares of their companies is positive for the retail sector, writes Michael Brush.
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31h The Wall Street Journal: Why ‘risk tolerance’ is not what you think it is
Market Watch
Advisers may be measuring something completely different—often leading to misguided investment strategies
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31h Citigroup targets Belt and Road to boost China revenue
Reuters
BEIJING (Reuters) - Citigroup Inc expects to boost its revenue growth in China by tapping into opportunities presented by Beijing's Belt & Road initiative, the bank's China chief said.
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31h Updated Market Extra: Don’t call the German election boring — it could mean a huge shift for the eurozone
Market Watch
The race is on to become Merkel’s junior coalition partner and her choice could determine Germany’s political direction for the next four years, including on issues such as the EU, refugees and social inequality.
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31h Updated 5 things you need to know about the German election
Market Watch
The Germans head to the polls on Sunday in an election that could dictate the future of the eurozone as Angela Merkel defends her position against Martin Schulz for a fourth term as chancellor.
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31h London Markets: FTSE 100 sags as North Korea-U.S. tensions flare up
Market Watch
Stocks in the U.K. fell Friday, dragged lower by a flareup in tensions between the U.S. and North Korea, but the benchmark FTSE 100 was on course to break a run of weekly losses.
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32h Europe Markets: European stocks shaken by North Korea, but strong PMIs keep losses in check
Market Watch
European stocks edge lower on Friday, with traders spooked by the latest aggression from North Korea that threatened to test a nuclear bomb in the Pacific Ocean.
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Do you want to sue Equifax over the cyberbreach? Winning a lawsuit may not be so easy.32h Do you want to sue Equifax over the cyberbreach? Winning a lawsuit may not be so easy.
USA Today
Plaintiff lawyers in the Equifax case typically will have to show consumer harm from massive cyberbreach.
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34h Boeing boosts Southeast Asia order forecast on strong demand
Reuters
SINGAPORE (Reuters) - Boeing Co said on Friday it had increased its 20-year forecast for Southeast Asian demand by 460 aircraft, the largest jump of any global region, as low-cost carriers make travel more accessible.
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34h Updated Asia stocks slip, yen and franc rise as North Korea moots H-bomb test
Reuters
TOKYO (Reuters) - Asian stocks fell and the Japanese yen and Swiss franc gained on Friday after North Korea said it might test a hydrogen bomb in the Pacific Ocean and escalated a war of words with U.S. President Donald Trump.
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35h Bitcoin is fiat money, too
The Economist
FINANCIERS with PhDs like to remind each other to “read your Kindleberger". The rare academic who could speak fluently to bureaucrats and normal people, Charles Kindleberger designed the Marshall Plan and wrote vast economic histories worthy of Tolstoy. “Read your Kindleberger” is just a coded way of saying “don’t forget this has all happened before”. So to anyone invested in, mining or building applications for distributed ledger money such as bitcoin or ethereum: read your Kindleberger. Start with , in which Kindleberger documents how many times merchants in different centuries figured out clever ways of doing the exact same thing. They made transactions easier, and in the process created new deposits and bills that increased the supply of money. In most cases, the or the king left these innovations in place, but decided to control the supply of money and credit themselves. It is good for the king to be in charge of his own creditors. But also, it has...
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36h Updated Boeing sees growth in demand for airplanes in Southeast Asia
Reuters
(Reuters) - Boeing Co said it sees demand for new airplanes worth $650 billion in Southeast Asia over the next two decades.
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36h Updated U.S. Commerce chief: U.S. content falling in Mexican, Canadian imports
Reuters
WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Thursday a new study by his department shows that U.S. value-added content is declining for manufactured goods imported from Mexico and Canada, arguing that this required tougher rules of origin in the North American Free Trade Agreement.
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