Back News Thursday, August 24, 2017
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52m Updated Market Snapshot: U.S. stock futures perk up on Jackson Hole day
Market Watch
U.S. stock futures were showing slight gains Thursday before action ramps up at the most anticipated event of the week: the gathering of global central bankers in Jackson Hole, Wyo.
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1h Updated Asia Markets: Hong Kong leads slight Asian market gains
Market Watch
Equity markets in Asia gained slightly Thursday, with indexes trading in a tight range as investors await guidance from a key meeting of global central bankers.
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How to always have a Wi-Fi signal when you travel1h 3m How to always have a Wi-Fi signal when you travel
USA Today
Name three things you can't travel without. We bet Wi-Fi made the cut. This summer, businesses (and cities) are making it even easier for you to plug in and stream.
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1h 4m Why remote workers are being called back into the office
Market Watch
Companies cutting back on their remote workforce may be making the right move.
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1h 21m Tim Mullaney: Note to the Fed: Watch what Americans do, not what we say
Market Watch
Some analysts still believe the Federal Reserve will step up the pace of rate hikes, but a better case can be made that the Fed will move slowly, if at all, writes Tim Mullaney.
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1h 30m Why people are paying to hear strangers whisper and get stroked by Q-tips
Market Watch
Autonomous sensory meridian response first became popular on YouTube. It can now be experienced in real life.
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1h 37m FA Center: Dear Adviser: 401(k) plans are too costly
Market Watch
High fees can eat up 30% or more of a retirement plan’s investment gains, writes Mitch Tuchman.
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1h 44m Your Digital Self: China’s latest tech innovation? Conducting court cases over the internet
Market Watch
Other countries, including Canada and the U.K., are following suit, writes Jurica Dujmovic.
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1h 45m Nvidia and AMD are deluged with orders for PC graphics cards
Market Watch
Cryptocurrency ‘miners’ are causing shortages in the companies’ graphics cards and graphics processing units, says Ryan Shrout.
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1h 51m World stocks steady; focus on Jackson Hole keeps market cautious
Reuters
MILAN (Reuters) - World stocks steadied on Thursday after two turbulent weeks as geopolitical worries eased in Asia and caution prevailed on the day the annual Jackson Hole gathering of central bankers gets underway.
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1h 51m Europe Markets: European stocks post cautious gains as Jackson Hole day arrives
Market Watch
European stock markets trade in narrow ranges on Thursday, with investors taking a cautious approach as the Jackson Hole summit of central bankers that’s been at the center of attention this week finally was about to kick off.
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1h 53m The Wall Street Journal: Now that you’re finished paying for college, you might want to boost your kid’s retirement
Market Watch
An expert does the math on the how a parental contribution could help jump-start a young worker’s retirement.
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1h 56m Next Avenue: As populations age, some countries find innovative solutions to a caregiving crisis
Market Watch
Countries like China are on the cutting edge when it comes to handling the age boom.
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1h 57m In One Chart: One theory why income inequality has grown in America
Market Watch
Right-to-work laws could be making matters worse for all workers
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1h 58m NerdWallet: Should you pay off your mortgage or invest the money?
Market Watch
It’s a choice with serious financial consequences. Here are 6 things to consider to help you decide.
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2h The Wall Street Journal: Invesco closes in on $1 billion deal to buy Guggenheim’s ETF business
Market Watch
Invesco is nearing an agreement to buy Guggenheim Partners’s exchange-traded-funds business for more than $1 billion, people familiar with the matter said.
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3h Regulator, Airbus issue software fix for A350 on explosion risk
Reuters
BERLIN (Reuters) - European aviation safety authorities have issued an emergency directive for operators of the Airbus A350-900 long-haul aircraft to upload a software fix to prevent potential overheating of the hydraulic system and a risk of explosion.
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3h London Markets: FTSE 100 inches higher as U.K. growth data come into focus
Market Watch
U.K. stocks move higher on Thursday, but with investors remaining cautious ahead of an updated reading on second-quarter economic growth and the closely watched global central-bankers summit in Jackson Hole.
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3h Exclusive: In China, the Party’s push for influence inside foreign firms stirs fears
Reuters
BEIJING (Reuters) - Late last month, executives from more than a dozen top European companies in China met in Beijing to discuss their concerns about the growing role of the ruling Communist Party in the local operations of foreign firms, according to three people with knowledge of the discussions.
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4h These bets might be more exciting than the Mayweather vs. McGregor fight
Market Watch
How many tweets will Trump send that day? Will McGregor throw a kick? People outside the U.S. can place their bets.
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4h Updated Not all FAANG stocks are created equal — here’s a ranking of best to worst
Market Watch
Nigam Arora also provides money flows for the popular tech stocks.
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4h Updated Deep Dive: These rapidly growing companies’ shares may rise as much as 74% in the next year
Market Watch
Favored names include six oil stocks as well as Micron Technology, Western Digital and United Continental.
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4h Updated The Tell: 5 things you don’t know about Germany’s Angela Merkel
Market Watch
While German Chancellor Angela Merkel is a known quantity after more than a decade on the world stage, there are still some not-as-well-known things about the 63-year-old politician.
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4h Updated Why Americans should steer clear of Mexico
Market Watch
U.S. government warns citizens about traveling to parts of Mexico.
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4h Updated Market Extra: Here’s what investors will be watching when Draghi, Yellen speak at Jackson Hole
Market Watch
Investors are watching closely for policy indications at the annual central banker meeting at Jackson Hole, Wyo., but they might wind up disappointed.
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Could hackers be behind the U.S. Navy collisions?6h Updated Could hackers be behind the U.S. Navy collisions?
USA Today
Was a hack attack behind two separate instances of Navy ships colliding with commercial vessels?  Experts say it’s highly unlikely, but not impossible.
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7h Wednesday’s $700 million Powerball jackpot: Here are the winning numbers
Market Watch
The jackpot has been growing without a winner since June 10, and is expected to be the second-largest in U.S. history.
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7h ‘Back up, you creep’ — and 10 less obvious things you should never say to a co-worker
Market Watch
Hillary Clinton’s new book reveals what she (almost) said to Donald Trump during their debates.
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7h Updated Why middle-class millennials are taking out hefty loans to travel the world
Market Watch
These young Americans are seeking fun experiences and ‘cultural capital.’
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7h Updated What I learned after being robbed at gunpoint in Mexico
Market Watch
Before you take that last-ditch summer vacation, do this to stay safe.
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8h Dollar regains some footing; focus on central bankers
Reuters
SINGAPORE (Reuters) - The dollar inched higher on Thursday, paring some of the losses it suffered after U.S. President Donald Trump suggested a shutdown of the government was possible and threatened to terminate the North American Free Trade Agreement.
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8h Updated What time is the $700 million Powerball drawing?
Market Watch
The drawing for this week’s estimated $650 million Powerball jackpot will take place at 10.59 p.m. Eastern Time on Wednesday, according to the Multi-State Lottery Association.
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Used electric cars: the best bang for your buck?9h Updated Used electric cars: the best bang for your buck?
USA Today
Consider buying a used electric car, said AAA, which releases its annual True Cost of Vehicle Ownership report Wednesday.
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9h Updated The Tell: Blood in the streets? Not yet, but when it happens, here’s what you shouldn’t do
Market Watch
Stocks have weakened a bit lately, and the recent decline, however mild, serves as a reminder that this relentless bull market won’t last forever. When that fateful day finally comes and stocks begin their painful unwind, will you be ready?
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9h Updated Market Extra: Trump ‘shutdown’ threat rattles stock market
Market Watch
President Donald Trump’s threat to shut down the U.S. government if Congress doesn't’ fund his plan for a border wall unsettles markets somewhat, though analysts question whether the White House is bluffing.
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10h Amazon deal for Whole Foods wins U.S. regulatory, shareholder approvals
Reuters
WASHINGTON/SAN FRANCISCO (Reuters) - Amazon.com Inc on Wednesday cleared two of the biggest hurdles it needed to close its $13.7 billion acquisition of Whole Foods Market Inc , with approvals from a U.S. regulator and the grocery chain's shareholders.
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10h The Wall Street Journal: Fairfax sells Singapore’s First Capital to Mitsui Sumitomo for $1.6 billion
Market Watch
Canada’s Fairfax Financial Holdings Ltd. confirmed Wednesday evening that it sold Singapore-based property-and-casualty insurer First Capital to Japanese insurer Mitsui Sumitomo Insurance Co. for $1.6 billion.
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Verizon’s cheaper 'unlimited' data plan means serious tradeoffs10h Updated Verizon’s cheaper 'unlimited' data plan means serious tradeoffs
USA Today
The fine print in these two new plans requires choices on video quality and hot-spot use.
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11h Hershey Trust to sell 4.5 million shares of Hershey Co
Reuters
(Reuters) - Hershey Trust Co, the charitable trust which controls chocolate maker Hershey Co , said on Wednesday it would sell 4.5 million shares of Hershey's common stock.
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The lines at Lowe's are too long, Jim Cramer explains11h Updated The lines at Lowe's are too long, Jim Cramer explains
USA Today
As an avid gardener, TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said the lines at Lowe's are too long and he tends to like shopping at Home Depot better. Video provided by TheStreet
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11h The Wall Street Journal: Uber narrows quarterly loss as bookings surge
Market Watch
Uber Technologies Inc.’s scandal-plagued year apparently hasn’t deterred ridership, though the ride-hailing company is still reporting heavy financial losses.
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11h The Wall Street Journal: New investment vehicle gives tech startups an alternative to IPO
Market Watch
A group of Silicon Valley entrepreneurs plans to launch an investment vehicle that will offer a richly valued technology startup an alternative route to public ownership.
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12h Uber second-quarter bookings increase, loss narrows
Reuters
SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] on Wednesday reported a 16 percent increase in quarterly bookings and a smaller loss than the previous period as the ride-services company showed signs of inching toward profitability.
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12h Ford names former Key Safety exec Lou to head China operations
Reuters
(Reuters) - Ford Motor Co. on Wednesday named former Key Safety Systems executive Jason Luo as chairman and chief executive of its China operations.
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12h Amazon deal for Whole Foods wins regulatory, shareholder approvals
Reuters
WASHINGTON/SAN FRANCISCO (Reuters) - Amazon.com Inc and Whole Foods Market Inc on Wednesday cleared two major hurdles needed to close Amazon's $13.7 billion acquisition of the natural grocery chain, with approvals from a U.S. competition regulator and Whole Foods shareholders.
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12h The Wall Street Journal: Meg Whitman on Uber CEO rumors: No, nope, nuh-uh, no way
Market Watch
Meg Whitman, the chief executive of Hewlett Packard Enterprise Co., on Wednesday repeated that she won’t be the next CEO of Uber Technologies Inc. following news that the board is considering her again as a candidate.
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12h The Wall Street Journal: Amazon’s deal for Whole Foods gets green light from FTC
Market Watch
Amazon.com Inc.’s takeover of Whole Foods Market Inc. cleared its biggest hurdle on Wednesday as federal regulators approved the e-commerce giant’s big bet on the more than $700 billion food retail market.
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12h GE, ABB restart talks over industrial solutions deal: sources
Reuters
(Reuters) - General Electric Co has resumed negotiations to sell its industrial solutions business to Swiss engineering company ABB Ltd , after the U.S. industrial conglomerate moderated its price expectations, people familiar with the matter said.
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12h Uber reports second-quarter loss of $645 million; ride bookings grow
Reuters
SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] reported on Wednesday that its losses narrowed in the second quarter by 9 percent and ride bookings rose, but the company is still a long way from being profitable.
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12h Updated Outside the Box: Here’s how Republicans and Democrats can come together to fix health care
Market Watch
Lasting health-care reform calls for sensibility and feasibility, writes Robert C. Pozen.
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12h Updated Outside the Box: Why nursing homes are suffering from old age problems
Market Watch
Demographics, Medicaid, and competition are making traditional rest homes less attractive, writes Betsy Rust.
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12h Updated U.S. new home sales hit seven-month low as prices soar
Reuters
WASHINGTON (Reuters) - New U.S. single-family home sales unexpectedly fell in July, dropping to their lowest in seven months amid a surge in prices, raising concerns of a slowdown in the housing market recovery.
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Watch GoDaddy CEO Blake Irving answer 10 questions in 60 seconds12h Watch GoDaddy CEO Blake Irving answer 10 questions in 60 seconds
USA Today
From his first pet to predictions about who will get a human on Mars first.
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12h Updated Wall Street falls as Trump threatens government shutdown
Reuters
NEW YORK (Reuters) - U.S. stocks closed lower on Wednesday as investors grappled with a threat from President Donald Trump to shut down the government if Congress fails to fund a Mexico border wall.
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WOW Air, known for $99 Europe fares, adds four new U.S. cities12h Updated WOW Air, known for $99 Europe fares, adds four new U.S. cities
USA Today
Can St. Louis support a non-stop route to Iceland? How about Cleveland, Cincinnati and Detroit? Icelandic budget carrier WOW Air thinks so.
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Investing advice: What makes small-cap stocks mighty (and risky)13h Updated Investing advice: What makes small-cap stocks mighty (and risky)
USA Today
Small caps can diversify portfolios and bring higher growth potential — albeit with higher risks. Here’s what you need to know.
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Penny stocks for beginners13h Penny stocks for beginners
USA Today
It's hard to check your email without hearing about the next "hot" penny stock that's going to make you rich. But what are penny stocks, and can they really deliver on those promises? Here's my 2 cents worth on penny stocks. Low-priced, small-cap stocks are known as penny stocks. Contrary to their name, penny stocks rarely cost a penny. The SEC considers a penny stock to be pretty much anything under $5. And while there are sub $5 stocks trading on big exchanges like NYSE and NASDAQ, most investors don't think of these when asked to describe a penny stock. READ MORE: How to Buy Penny Stocks (for Beginners) Video provided by TheStreet
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Whole Foods shareholders vote in favor of Amazon deal13h Updated Whole Foods shareholders vote in favor of Amazon deal
USA Today
Shareholders will get $42 per share.
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13h Facebook picks veteran executive to lead hardware efforts: Business Insider
Reuters
(Reuters) - Facebook Inc on Wednesday named one of its veteran executives Andrew Bosworth to lead all of its consumer hardware efforts, including its Building 8 division, the Business Insider reported.
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'No thanks, Alexa.' Walmart teams with Google to offer voice shopping13h Updated 'No thanks, Alexa.' Walmart teams with Google to offer voice shopping
USA Today
Starting next month, shoppers will be able to order Walmart items from Google Express in a challenge to Amazon.
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Lowe's to boost staffing as Home Depot rivalry intensifies13h Updated Lowe's to boost staffing as Home Depot rivalry intensifies
USA Today
Lowe's will increase store hours as it trails archrival Home Depot despite a strong housing sector that continues to boost the bottom line.
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Harley-Davidson reveals eight revamped cruiser motorcycles13h Updated Harley-Davidson reveals eight revamped cruiser motorcycles
USA Today
The new bikes, aimed at Harley's 115th anniversary year, are being rolled out as manufacturers of motorcycles have seen a decline in U.S. sales.
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Trump shutdown threat, ratings-downgrade fears rattle stocks13h Updated Trump shutdown threat, ratings-downgrade fears rattle stocks
USA Today
Markets flinched Wednesday after the president threatened to shut down the government and a ratings agency said U.S. top credit could be at risk.
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13h After-hours buzz: GES, WSM, PVH & more
CNBC
Check out which companies are making headlines after the bell on Wednesday: GES, WSM, PVH & more
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13h Updated Project Syndicate: Is Trump killing the dollar?
Market Watch
Not since World War II has the safety of the dollar been in such doubt, writes Benjamin Cohen.
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13h Google memo writer hires Republican Party official as lawyer
Reuters
(Reuters) - The engineer fired from Google for writing a memo critical of the company's diversity hiring policies has hired a lawyer who is a member of the Republican National Committee to represent him.
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13h FTC clears Amazon.com acquisition of Whole Foods
Reuters
WASHINGTON (Reuters) - The U.S. Federal Trade Commission said on Wednesday it has cleared Amazon.com Inc's planned $13.7 billion acquisition of Whole Foods Market Inc .
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These $99 earbuds are great for athletes but there's a catch13h These $99 earbuds are great for athletes but there's a catch
USA Today
They don't cost a lot but will they do the job? Watch to find out!
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13h Updated Cheap oil undercuts U.S. rail, bus service: study
Reuters
DETROIT (Reuters) - Cheap gasoline is squeezing U.S. bus companies and the Amtrak passenger rail system that bet more consumers would embrace alternatives to driving for trips shorter than 400 miles, a study by researchers at DePaul University concluded.
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13h The Tell: Gundlach’s favored gauge says the 10-year Treasury yield is due for a breakout
Market Watch
A composite measure melding prices for copper and gold suggest the 10-year benchmark Treasury yield should return to peaks last seen when the reflation trade was in full force back in December.
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13h NewsWatch: Trump ‘shutdown’ threat rattles stock market
Market Watch
President Donald Trump’s threat to shut down the U.S. government if Congress doesn't’ fund his plan for a border wall unsettles markets somewhat, though analysts question whether the White House is bluffing.
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14h Updated Whole Foods shareholders approve sale to Amazon
Reuters
LOS ANGELES (Reuters) - Whole Foods Market Inc on Wednesday said shareholders in the natural and organic grocery chain cleared the way for its proposed $13.7 billion sale to Amazon.com Inc.
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14h Nothing to be worried about with Salesforce, analysts say
Market Watch
Analysts loved Salesforce last quarter, but this quarter they have deepened their affection as the cloud-computing company yet again beat earnings expectations.
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14h Updated Project Syndicate: The age of nuclear deterrence is over
Market Watch
The nuclearization of East Asia and the Persian Gulf threatens world peace, writes Joschka Fischer.
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14h Currencies: Dollar retreats as Trump sparks fresh worries about U.S. policy
Market Watch
The U.S. dollar weakens against the euro, the Japanese yen and the Swiss franc on Wednesday as U.S. trade and domestic policy issues reclaim center stage and questions about the prospects for tax reform resurface.
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14h Market Snapshot: Stock market closes lower as optimism fades before Jackson Hole
Market Watch
U.S. stocks closed lower Wednesday on light volume, with the main indexes undoing some of the solid gains from the previous session as investors turn their attention to the Jackson Hole, Wyo., meeting of global central bankers and digested comments from President Donald Trump’s Tuesday night rally.
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Here’s why the Note 8's camera could be better than iPhone's14h Here’s why the Note 8's camera could be better than iPhone's
USA Today
Samsung's new flagship might have the best camera we've ever seen.
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14h Updated Mexico, Canada dismiss Trump threats to scrap NAFTA trade pact
Reuters
MEXICO CITY/OTTAWA (Reuters) - Mexico and Canada on Wednesday dismissed U.S. President Donald Trump's latest threat to scrap NAFTA, describing it as a negotiating tactic aimed at winning the upper hand in talks to update one of the world's biggest trading blocs.
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14h Updated The Margin: Elon Musk reveals what an actual SpaceX spacesuit will look like, and his fans swoon
Market Watch
Elon Musk knows how to play the social-media game. From throwing shade at Facebook’s Mark Zuckerberg to sounding the alarm on artificial intelligence, when the Tesla boss posts, people listen. It happened again on Wednesday
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14h Bond Report: 10-year Treasury yield falls by the most in 6 weeks on government shutdown fears
Market Watch
Treasurys saw mild buying, dragging yields lower, on Wednesday after President Donald Trump threatened to shut down the government, challenging key congressional leaders and White House officials remarks that the looming debt ceiling deadline wouldn’t end in a temporary closure of the Federal government.
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One of the best instant cameras is back down to its lowest price ever14h One of the best instant cameras is back down to its lowest price ever
USA Today
Fujifilm's Instax instant cameras are top-notch, and the Mini 9 is our pick for best value, especially when it's back on sale for the lowest price it's ever been.
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Diversified portfolio: 5 ways to invest in real estate14h Diversified portfolio: 5 ways to invest in real estate
USA Today
Many new investors don’t know where or how to invest in real estate. So here are five options, ranging from high maintenance to low.
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14h Student loan company accused of delaying debt forgiveness for teachers and social workers
Market Watch
Massachusetts AG sues student loan servicer, accusing the company of mistreating borrowers
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14h Updated La-Z-Boy in talks with Amazon as it seeks to connect with millennials, Gen X
Market Watch
Furniture maker La-Z-Boy is beefing up its e-commerce business in an effort to connect with younger shoppers who are comfortable making bigger purchases online.
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14h Trump Today: Trump Today: President urges unity in American Legion speech and bashes Sen. Flake on Twitter
Market Watch
President Donald Trump told the American Legion convention on Wednesday that there’s no division “too deep for us to heal,” as he signed a bill to benefit veterans and took aim at a fellow Republican lawmaker.
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15h Updated How Herbalife’s share buyback could force Bill Ackman to trim his short position
Market Watch
Herbalife’s $600 million share buyback will reduce the number of shares available for short sellers to borrow and sharply increase the cost of Ackman’s $1 billion short position.
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15h Market Extra: What currency analysts worry about as Trump threatens to scrap Nafta
Market Watch
President Donald Trump’s threat to scrap a longstanding trade agreement with its closest North American partners rattled Mexico’s peso and the Canadian loonie, but currency strategists are wagering that the president’s comments were more sizzle than steak.
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15h Market Extra: More active managers are beating the market, but it won’t last
Market Watch
More active managers are demonstrating better performance than the overall market thus far this year, but make no mistake: long-term performance stats remain dire.
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15h Futures Movers: Oil tallies a gain as U.S. crude supplies drop for eighth week
Market Watch
An eighth weekly decline in U.S. crude supplies lifts oil prices Wednesday, but domestic production continues its climb to levels not seen since July 2015—setting a limit on crude’s price strength.
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15h Updated Called to Account: Boeing and other big defense companies face special challenge in new revenue rules
Market Watch
Defense companies can soon recognize revenues as costs are incurred rather than waiting until deliveries are made
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15h Google throws lifeline to desperate retail industry besieged by Amazon
CNBC
Wal-Mart's teaming up to sell products on Google Home could spark hope for struggling retailers.
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Trump risks backlash in farm belt states if NAFTA gets scrapped16h Trump risks backlash in farm belt states if NAFTA gets scrapped
USA Today
Mexico and Canada together represent one-third of total U.S. agricultural exports but that could change if the North American Free Trade Agreement gets terminated.
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We never had school lunch like this16h We never had school lunch like this
USA Today
These kid-friendly bento-style lunch boxes put paper bags to shame.
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16h Top Wall Street quant could be entering the ETF game
CNBC
Cliff Asness' AQR Capital filed with the U.S. Securities and Exchange Commission last Thursday for an exemption that would allow it to potentially launch ETFs.
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16h Metals Stocks: Gold ends higher with dollar nicked by economic agenda uncertainty
Market Watch
Gold prices end higher to recoup much of the losses suffered in the previous session, as a wobbly dollar and losses in U.S. equities support the yellow metal.
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16h Updated The Problem With Dissing Teen Retailers
The Wall Street Journal
Investing in teen retailer stocks has always been treacherous. Now their volatility is being further compounded by low expectations.
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16h Updated Invesco Has Right Mix at the Right Price
The Wall Street Journal
A sharp correction in asset managers provides an opportunity to buy into Invesco.
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16h The Tell: These are the world’s 10 most crowded trades in the stock market right now
Market Watch
UBS this week released its list of the 10 most crowded trades, and among the mostly familiar crop of names are a few you probably wouldn’t expect to see, including the stock holding the top spot.
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16h This is what energy majors like Chevron are looking for in their next leaders
Market Watch
Chevron is reportedly looking to replace its CEO, and top contender comes from its chemicals and refining business — historically, a line where penny-pinching is the norm.
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16h Updated The Margin: You can get a ‘nothingburger’ at McDonald’s, but it takes some work
Market Watch
Not content to leave the political-talking-point term in the metaphorical domain, though, one U.K.-based Twitter user set about the task of determining whether the world’s largest burger purveyor would be willing to serve up a literal nothingburger:
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16h Market Snapshot: Dow rally fades along with optimism as Jackson Hole comes into focus
Market Watch
U.S. stocks trade lower Wednesday, with the main indexes undoing some of the solid gains from the previous session as investors turned their attention to the Jackson Hole, Wyo., meeting of global central bankers.
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World’s 1st trillionaire; Vladimir Putin or Jeff Bezos?17h World’s 1st trillionaire; Vladimir Putin or Jeff Bezos?
USA Today
There are plenty of billionaires on the Forbes list of the world’s richest people. But who will be the world’s first trillionaire? Well, it's a toss up at the moment between Jeff Bezos and Vladimir Putin. Susana Victoria Perez (@susana_vp) has more.
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Would you check in your phone at a restaurant to save money?17h Would you check in your phone at a restaurant to save money?
USA Today
How much money would it take to have you check your phone at the door? Angeli Kakade (@angelikakade) has the story.
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17h Updated 4 reasons NOT buy a $700 million Powerball ticket (that have nothing to do with the crazy odds)
Market Watch
Wednesday’s blockbuster lottery jackpot is stirring up more lottery fever.
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17h American Express to pay $96 million over discriminatory card terms
Reuters
WASHINGTON (Reuters) - American Express will end up paying $96 million to credit card customers in Puerto Rico and other U.S. territories for charging higher interest rates and engaging in other discriminatory practices, federal regulators said on Wednesday.
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17h BookWatch: These 6 books can make you a better college student
Market Watch
Understand statistics, gain financial literacy and get out of your comfort zone.
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Edmunds: Good deals for car shoppers on Labor Day weekend17h Edmunds: Good deals for car shoppers on Labor Day weekend
USA Today
Edmunds selected five of the best deals: two sedans, an SUV, a minivan and a truck. These deals are good now and should be available through Sept. 5.
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18h The New York Post: Jared Kushner snubbed by Egypt’s foreign minister
Market Watch
Egypt snubbed Jared Kushner on Wednesday, calling off a scheduled meeting between President Trump’s son-in-law and the country’s foreign minister after the U.S. withheld millions of dollars in aid.
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18h Market Extra: Bitcoin and Ether rise, helping take crypto space above $150 billion market cap
Market Watch
The price of the digital currency Bitcoin rose on Wednesday, putting it on track for a second straight daily increase, a rally that took the total market capitalization of the entire cryptocurrency space above $150 billion.
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18h American Express to pay $96 million to consumers over discriminatory card terms
Reuters
WASHINGTON (Reuters) - American Express will pay $96 million to consumers in Puerto Rico and other U.S. territories over discriminatory terms in its credit card agreements, according to the U.S. Consumer Financial Protection Bureau.
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The Best Backpacks for School and College18h The Best Backpacks for School and College
USA Today
We tested 11 popular backpacks to see which ones we liked best in terms of comfort, looks, and storage.
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18h Europe Markets: European stocks end lower amid strong factory activity
Market Watch
European stocks slump Wednesday, with investors assessing fresh data on the health of the eurozone economy, as market participants count down to a key meeting of central bankers.
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18h The best mega-cap technology stock may not be in the US
CNBC
MKM raises expectations for Alibaba, saying the e-commerce giant has the "best fundamentals of the mega-caps."
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18h London Markets: FTSE 100 logs minuscule gain as weak pound offsets wider European selloff
Market Watch
U.K. stocks end a choppy session little changed Wednesday as a falling pound buoyed exporters, but the benchmark index still struggled to shake off a downbeat trend in European equities.
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18h Updated ‘Game of Thrones’ season 7 episode 6: The 4 biggest takeaways from ‘Beyond the Wall’
Market Watch
What’s more powerful than a dragon? Try a White Walker dragon.
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Our favorite drip coffee maker is at a rare low price right now18h Our favorite drip coffee maker is at a rare low price right now
USA Today
The Technivorm Moccamaster is the best drip coffee maker we've ever tested, and the price just dropped, making it a great time to invest in your morning routine.
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18h Futures Movers: Oil prices climb as U.S. crude supplies drop an eighth week
Market Watch
An eighth weekly decline in U.S. crude supplies lifts oil prices Wednesday, but domestic production continues its climb to levels not seen since July 2015—setting a limit on crude’s price strength.
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18h NewsWatch: Dow rally fades as Jackson Hole comes into focus
Market Watch
U.S. stocks are trading lower in early trade Wednesday, with the main indexes undoing some of the solid gains from the previous session as investors turned their attention to the Jackson Hole meeting of global central bankers.
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More businesses are opening up to people with disabilities18h Updated More businesses are opening up to people with disabilities
USA Today
The 2017 Disability Equality Index reports more U.S. businesses are becoming accessible to people with disabilities.
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19h Toshiba prioritizes talks with Western Digital on chip business sale: sources
Reuters
TOKYO (Reuters) - Japan's Toshiba Corp is prioritizing negotiations with Western Digital to sell its memory chip business after talks stalled with a previously preferred bidder, sources familiar with the matter said on Wednesday.
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Court upholds insider trading conviction of money manager19h Updated Court upholds insider trading conviction of money manager
USA Today
A New York federal appeals court has upheld the conviction of an Ivy League-educated ex-portfolio manager convicted on insider trading.
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19h The Wall Street Journal: Vanguard plans low-cost corporate bond ETF that will pressure rivals on fees
Market Watch
The Vanguard Total Corporate Bond ETF would track an index tied to the U.S. investment grade corporate bond market and is expected to launch with an expense ratio of 0.07% per year.
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19h ‘Back up, you creep’ — and 10 other things you should never say to a co-worker
Market Watch
Hillary Clinton’s new book reveals what she (almost) said to Donald Trump during their debates.
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19h Updated Deep Dive: This could be the perfect time to buy shares of Exxon Mobil and Chevron
Market Watch
If production cuts cause crude-oil prices to rise, the beleaguered Big Oil companies could finally rebound.
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19h These charts show which group of stocks could survive the Amazon threat
Market Watch
Stick with those the stock market likes, writes Michael Kahn.
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19h Currencies: Dollar wanes as Trump sparks renewed worries about U.S. policy
Market Watch
The U.S. dollar edges lower against haven currencies and the euro Wednesday, as questions about the prospects for U.S. tax-policy reforms resurface.
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19h Updated U.S. new home sales fall to seven-month low
Reuters
WASHINGTON (Reuters) - New U.S. single-family home sales unexpectedly fell in July, dropping to their lowest in seven months, which could raise concerns of a slowdown in the housing market recovery.
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19h Updated It’s getting harder for white supremacists to find romance online
Market Watch
On these dating apps, it’s all love and no hate.
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19h The Wall Street Journal: Saudis open Iraqi border and forge ties to counter Iran
Market Watch
Saudi Arabia, with U.S. assistance, is pushing aside years of rancor with its neighbor Iraq and mounting a broad effort to win Baghdad’s allegiance and dilute Iran’s influence over the pivotal U.S. ally.
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20h Bond Report: Treasurys catch haven bid on government shutdown fears
Market Watch
Treasurys saw mild buying, dragging yields lower, on Wednesday after President Donald Trump threatened to shut down the government, challenging key congressional leaders and White House officials remarks that the looming debt ceiling deadline wouldn’t end in a temporary closure of the Federal government.
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20h If you received this spam call, you may be entitled to $900 in cash
Market Watch
Cruise companies are paying up for hitting consumers with robocalls.
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U.S. new-home sales plummet in July, yet still ahead of last year20h U.S. new-home sales plummet in July, yet still ahead of last year
USA Today
Sales of new U.S. homes plummeted 9.4% in July. But the decline followed strong sales in previous months, and sales so far this year are outpacing last year's.
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20h Metals Stocks: Gold higher with dollar nicked by economic agenda uncertainty
Market Watch
Gold prices tilt higher, aiming for a return to the nearly three-month high they hit earlier this week, as a wobbly dollar and losses in U.S. equities support the yellow metal.
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20h Economic Report: New-home sales skid to 7-month low in July
Market Watch
Sales of newly-constructed homes ran at a 571,000 annual pace in July, defying expectations and hopes for a sturdier pace of sales in a tight market.
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20h Updated Clouds Part for Europe This Year
The Wall Street Journal
The latest cloud on the horizon has been the rising euro, but the eurozone of 2017 appears to be proving a resilient place.
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20h Outside the Box: 5 surprising ways to make money off your home
Market Watch
Earn passive income to offset — or even cover — your mortgage.
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20h Updated Market Extra: Bad news for the stock market: The Hindenburg Omen is back
Market Watch
The appearance on the scene of a Hindenburg Omen sometimes portends a stock-market crash.
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Samsung Note 7 owners are a forgiving bunch20h Updated Samsung Note 7 owners are a forgiving bunch
USA Today
But not everyone is ready to snap up the new Note 8
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20h Updated Market Extra: 7 signs the stock market is ready to run smack into a wall
Market Watch
The stock market’s relentless rally to records may be facing its fiercest test of late.
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Winning the Powerball? You'll instantly be richer than these 7 stars20h Winning the Powerball? You'll instantly be richer than these 7 stars
USA Today
The lottery jack pot is worth $700 Million. If a single person were to win the prize they'd instantly become richer than these 7 celebrities.
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20h Key Words: Hillary Clinton says her ‘skin crawled’ during debate with Donald Trump
Market Watch
Hillary Clinton says in her forthcoming book that she was “incredibly uncomfortable” during the second presidential debate with Donald Trump, which came just two days after Trump’s “Access Hollywood” tape was released.
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20h Market Snapshot: Dow rally fades as Jackson Hole comes into focus
Market Watch
U.S. stocks are trading lower in early trade Wednesday, with the main indexes undoing some of the solid gains from the previous session as investors turned their attention to the Jackson Hole meeting of global central bankers.
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21h Goldman Sachs sees an opening in Trump’s White House
CNBC
After Obama-era battering, Goldman Sachs is now targeting Volcker rule under Trump administration, Financial Times reports.
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21h Key Words: ESPN under fire for removing announcer Robert Lee from Virginia football game
Market Watch
ESPN moved an Asian-American announcer named Robert Lee off the University of Virginia’s September 2 home opener against the College of William and Mary “simply because of the coincidence of his name.”
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21h Wall Street opens lower as Trump comments worry investors
Reuters
(Reuters) - U.S. stocks were lower at the open on Wednesday after President Donald Trump warned of a government shutdown to build a Mexico border wall and threatened to terminate a trade agreement with Mexico and Canada.
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21h Capitol Report: Clapper questions Trump’s fitness for office | Trump’s approval rating hits new post-Charlottesville low in poll
Market Watch
Former Director of National Intelligence James Clapper questions President Trump’s fitness for office; Trump’s approval rating hits new post-Charlottesville low in poll; the 7 Senate seats most likely to flip next year; and more.
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21h Updated Need to Know: This indicator says the ‘billionaire bears’ are wrong
Market Watch
A former RBC derivatives trader has mulled over the bearish growls coming from Ray Dalio and other billionaire investors, and he’s not that impressed. Instead, he is dazzled by an indicator that “magically continues to work.”
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21h Popular study app, Quizlet, faces a moment of truth as a new school year begins
CNBC
After reaching 1 in 2 high school students in the U.S., Quizlet is on a quest to reach the world's 1.5 billion students.
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21h Market Extra: Norway’s sovereign-wealth fund has $50 billion in shares on its shopping list
Market Watch
Norway’s sovereign-wealth fund’s equity mandate was expanded last December, but the fund still has work to do to fulfill it.
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21h Updated How Apple could make smartwatches more popular, and potentially help Fitbit
Market Watch
The smartwatch industry is poised to reaccelerate in the next few years, which is good news for Fitbit Inc. and Sequans Communications, a company that could power the watches.
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21h Actor Danny Glover joins Airbnb as adviser
Reuters
(Reuters) - Hollywood actor and political activist Danny Glover joined online rental marketplace Airbnb as an adviser to engage communities of color to help the website turn around its image of discrimination against non-white guests.
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21h Updated Stop spending thousands of dollars on back pain surgery and treatments that don’t work
Market Watch
A $100 billion industry has little evidence supporting its effectiveness, says investigative journalist Cathryn Jakobson Ramin.
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21h Updated Under new law, over-the-counter hearing aids could be cheaper and more widely used
Market Watch
Hearing aids cost more than $2,000 on average and aren’t covered by Medicare or many health plans.
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21h NewsWatch: This indicator says the ‘billionaire bears’ are wrong
Market Watch
A former RBC derivatives trader has mulled over the bearish growls coming from Ray Dalio and other billionaire investors, and he’s not that impressed. Instead, he is dazzled by an indicator that “magically continues to work.”
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Malls become models of reinvention to cope with closing stores22h Updated Malls become models of reinvention to cope with closing stores
USA Today
Malls are reinventing themselves at a time when stores are closing and more consumers are shopping online
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Lowe's to boost hours as Home Depot rivalry intensifies22h Lowe's to boost hours as Home Depot rivalry intensifies
USA Today
Lowe's will increase store hours as it trails archrival Home Depot despite a strong housing sector that continues to boost the bottom line.
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Valerie Plame Wilson wants to buy Twitter and ban Trump from it22h Valerie Plame Wilson wants to buy Twitter and ban Trump from it
USA Today
Valerie Plame Wilson is planning to take President Trump off twitter by buying a chunk of the social media platform. Veuer's Maria Mercedes Galuppo (@mariamgaluppo) has more.
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Weekly mortgage applications drop 0.5%, but jumbo loans get cheaper22h Weekly mortgage applications drop 0.5%, but jumbo loans get cheaper
USA Today
Overall mortgage applications to purchase a home fell 2% for the week. They remain 9% higher than the same week one year ago.
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22h Updated The Margin: FA Cup stardust sprinkled on lower-division sub as he nearly enters match while tweeting
Market Watch
England is home to soccer’s — and, indeed, the whole professional sporting world’s — richest league. But that’s the Premier League, populated by such famed clubs as Manchester United, Chelsea and Liverpool. Many rungs lower, you’ll find a club like Baldock Town. It plays in Division 1 of the South Midlands League.
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22h Updated Market Snapshot: Dow rally poised to fade as Jackson Hole comes into focus
Market Watch
Wall Street is set for a slightly downbeat open on Wednesday, pulling back after a solid rally as the countdown to the closely watched powwow of global central bankers in Jackson Hole that starts later in the week.
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22h Metals Stocks: Gold higher as dollar nicked by economic agenda uncertainty
Market Watch
Gold prices recovered Wednesday, aiming for a return to the nearly three-month high hit to start the week, as a wobbly dollar supported the yellow metal.
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22h Updated Market Extra: Here’s why domestic unrest isn’t a worry for Wall Street
Market Watch
The recent violence in Charlottesville, Va. — where a woman died after a rally by white supremacists was met with a fierce counterprotest — was no doubt a harrowing sight for Americans across the country. In the economy, however, the violence in the streets failed to echo in any meaningful way on Wall Street.
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Waiting for stocks to get cheaper? Don't wait too long, pros say22h Waiting for stocks to get cheaper? Don't wait too long, pros say
USA Today
The market's been so calm this year, with no drops of 3%, that many investors are stuck waiting for stocks to go on sale.
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22h Updated Beat the System: Want to win the Powerball? These numbers come up more than others
Market Watch
Statistically they shouldn’t, but they do — make of it what you will, says Brett Arends.
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22h People in the UK will soon be able to make payments by asking Siri
CNBC
Barclays customers are now able to use Apple’s virtual assistant Siri to make payments on their phones.
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Small businesses: Avoid these 8 mistakes the big guys make22h Small businesses: Avoid these 8 mistakes the big guys make
USA Today
Big Company Inc. can afford to lose customers. You can’t!
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Waiting for stocks to get cheaper? Don't wait too long, pros says23h Updated Waiting for stocks to get cheaper? Don't wait too long, pros says
USA Today
The market's been so calm this year, with no drops of 3%, that many investors are stuck waiting for stocks to go on sale.
 Like Reply
23h Currencies: Dollar wanes against euro, yen as U.S. tax-reform doubts resurface
Market Watch
The U.S. dollar edged lower against the euro and the Japanese yen Wednesday, in part as questions about the prospects for U.S. tax-policy reforms resurfaced.
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23h Updated Euro, bond yields rise on buoyant business surveys
Reuters
LONDON (Reuters) - The European single currency and euro zone government bond yields rose on Wednesday after a survey showed the bloc's manufacturing businesses had their best month of growth in six-and-a-half years.
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23h Updated Netflix depends less and less on licensed content from the likes of Disney
Market Watch
When Walt Disney said it would stop licensing its movies and TV shows to Netflix Inc. in favor of launching its own service investors were concerned—but Netflix will be fine.
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23h Updated DSW stock closes at biggest one-day gain in 12-year history as sales turn positive
Market Watch
DSW says it’s now prepared for the all-important holiday shopping season, with a solid online setup that’s already reaping rewards, with increases in mobile traffic driving a 27% increase in digital sales.
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Walmart products to be available via Google Express23h Updated Walmart products to be available via Google Express
USA Today
Starting next month, shoppers will be able to order items from detergent to orange juice from Google Express.
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Walmart teams up with Google to take on Amazon23h Walmart teams up with Google to take on Amazon
USA Today
Under a new partnership with Google, Walmart will allow shoppers to make purchases through the voice-activated device Google Home, the Google Express app or its website.
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23h Updated Deep Dive: Here’s a way to make more money with your dividend stocks
Market Watch
A covered-call option strategy can give you downside protection and higher income, says Ken Roberts of IWC Asset Management.
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U.S. businesses are becoming increasingly accessible to people with disabilities23h U.S. businesses are becoming increasingly accessible to people with disabilities
USA Today
The 2017 Disability Equality Index reports more U.S. businesses are becoming accessible to people with disabilities.
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4 salary negotiation tactics that really worked23h 4 salary negotiation tactics that really worked
USA Today
There are many ways to negotiate your salary, and some of the most effective are learned through personal experience.
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23h A small European nation is launching its own version of bitcoin
CNBC
Estonia wants to issue its own virtual currency with the help of Ethereum founder Vitalik Buterin.
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24h Toshiba sells $58.5 million in shares of Mitsubishi UFJ: source
Reuters
TOKYO (Reuters) - Japan's Toshiba Corp sold $58.5 million worth of shares in Mitsubishi UFJ Financial Group on Wednesday, a source told Reuters, as the conglomerate struggles with losses from its bankrupt U.S. nuclear business.
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24h Futures Movers: Oil prices slide as confusion over Libyan production reigns
Market Watch
Oil prices drop on Wednesday, as investors assess mixed messages about Libya’s oil supply and waited for weekly data on U.S. oil production.
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Investors’ angst: Puny gains for small stocks24h Investors’ angst: Puny gains for small stocks
USA Today
The weak link in the rally of 2017 has been the Russell 2000 index of small stocks. Small firms have benefited less from stronger growth abroad.
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24h Young middle-class adults spend their money (to help them in job interviews)
Market Watch
A summer abroad could give job seekers crucial “cultural capital.”
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24h Market Snapshot: Dow rally poised to peter out, as Jackson Hole comes back into focus
Market Watch
Wall Street is set for a slightly downbeat open on Wednesday, pulling back after a solid rally as the countdown to the closely watched powwow of global central bankers in Jackson Hole that starts later in the week.
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25h London Markets: FTSE 100 wobbles as WPP shares tumble
Market Watch
U.K. stocks lacked firm direction Wednesday, but WPP shares careened toward their worst session in more than a decade after a disappointing outlook from the advertising behemoth.
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25h Beer Goggles: Heineken throws everything it has at the U.S. beer market
Market Watch
The brewer uses big data and marketing to go head to head with its larger rivals, selling everything from cider to craft beer to Mexican lager, says Jason Notte.
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25h In One Chart: The unexpected benefit of renting an older apartment
Market Watch
Pre-war buildings don’t just offer stunning architecture — renters can find significant savings, too.
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25h Next Avenue: Most Americans can’t kick this habit, and it’s killing them
Market Watch
Sugar is highly addictive, but the benefits of giving it up are many. Here’s how to quit.
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25h NerdWallet: Watch for these tax errors on your paycheck
Market Watch
Here are three hidden payroll tax errors employers can make — and how you can spot them.
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25h The Wall Street Journal: Why gas stations will become relics
Market Watch
Those places where you stop to go to the restroom and buy lotto tickets and sodas won’t be needed in an EV world
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26h Updated The stock market is now in ‘correction mode’
Market Watch
Technical charts say the key test for the S&P 500 is support at 2,400, writes Lawrence McMillan.
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26h Updated This is the one stock to buy if the stock market crashes
Market Watch
The company’s stock is much cheaper than Amazon, and the company itself has better growth prospects and a better business model, says Nigam Arora.
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26h Europe Markets: European stocks tilt lower even as factory activity stays strong
Market Watch
European stocks slipped Wednesday, with investors waiting for figures on how well business activity fared in the eurozone this month.
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28h Market Extra: What could lift German stocks out of their summer slump
Market Watch
Germany’s blue-chip benchmark is set to rebound after struggling over the past two months, as the euro is due to pullback and Germany’s economic “remains rosy,” says one economist.
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28h Updated Mutual funds mark down investments in Uber by as much as 15 percent
Reuters
NEW YORK (Reuters) - Four mutual fund companies have marked down their investments in Uber Technologies Inc [UBER.UL] by as much as 15 percent following a scandal-ridden year for the ride-hailing company.
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29h Asia shares settle after rally, dollar squares losses on Trump comments
Reuters
TOKYO (Reuters) - Asian stocks steadied on Wednesday, taking a breather after the previous day's surge, lacking the momentum to keep up with a global rally spurred by gains for tech shares on Wall Street and miners in Europe.
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29h Mutual funds reportedly mark down investments in Uber by up to 15%
CNBC
Four mutual fund companies have marked down their investments in Uber by up to 15 percent, the WSJ reported Tuesday.
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30h Wal-Mart to enter voice-shopping market via Google platform
Reuters
CHICAGO (Reuters) - Wal-Mart Stores Inc is teaming up with Alphabet Inc's Google to enter the nascent voice-shopping market, currently dominated by Amazon.com Inc , adding another front to Wal-Mart's battle with the online megastore.
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30h The Wall Street Journal: Wal-Mart, Google team up to battle Amazon
Market Watch
Google and Wal-Mart Stores Inc. are joining forces in a partnership that includes enabling voice-ordered purchases from the retail giant on Google’s virtual assistant, challenging rival Amazon.com Inc.’s grip on the next wave of e-commerce.
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30h Toshiba prioritizes talks with Western Digital on chips business sale: Nikkei
Reuters
TOKYO (Reuters) - Japan's Toshiba Corp is prioritizing talks with Western Digital to sell its memory chip business, as negotiations with a previously preferred bidder have stalled, the Nikkei business daily reported on Wednesday.
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30h Updated Key Words: Trump threatens shutdown over border-wall funding, predicts end of Nafta
Market Watch
In a bombastic, angry and divisive speech to his core supporters, President Donald Trump said Tuesday night in Phoenix that he was ready to shut down the government in order to secure funding for a proposed border wall and that Nafta will probably be eliminated.
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IIHS auto safety study: Lane-departure, blind-spot warning could save thousands of lives30h IIHS auto safety study: Lane-departure, blind-spot warning could save thousands of lives
USA Today
Technologies that warn motorists when they're risking a collision could save thousands of lives if widely adopted, according to two new studies.
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