Treasury Secretary Steven Mnuchin speaks during a news briefing at the White House in Washington. Mnuchin is calling on Congress to combine a $7.9 billion disaster relief package for Hurricane Harvey with a contentious increase in the nation’s debt limit. (AP) The U.S. is up against its debt ceiling, with $19.847 trillion in debt securities […]
How real retirees make retirement work Shutterstock – The simple formula for a happy retirement. Every year, there is a new story of the scary “retirement crisis” facing our country. It makes you wonder how real retirees are making retirement work. Have they run out of money, or somehow, are they managing to get by? To […]
Europe’s Stoxx 600 is 7 percent up since the start of the year, but analysts believe that there’s further room to go. Improved fundamentals and attractive valuations for stocks are seen as key reasons why investors should continue to focus on the continent Stocks in Europe still have room to push higher in the next […]
NEW YORK/LONDON (Reuters) – Gold on Tuesday rose above a seven-week low as the U.S. dollar came off its highs. Bullion was pressured earlier by strong U.S. economic data that reinforced expectations of another U.S. interest rate increase this year and pushed the dollar and U.S. bond yields higher. (.DXY) Spot gold was up 0.1 […]
The U.S. is, slowly but surely, inching closer toward seeing the self-driving car on the road. Just Wednesday, the House of Representatives passed the SELF DRIVE Act to expedite the introduction of autonomous cars. Beyond the obvious perks they would bring like fewer accidents, decreased traffic, and more free time, there are vast implications for housing — […]
Doctor checking a man’s knee | Hero Images/Getty Images Hero Images/Getty Images When unexpected expenses pile up and the emergency fund has been drained, where can you turn for money? For many people their biggest stash of savings is […]
Am I on track for retirement? It’s a simple question. But to answer it accurately and make sure you don’t outlive your money, you need powerful data and high-level math. And, even then, a leap of faith. Online retirement calculators usually make just enough assumptions to be dangerous. What if you live 10 years longer than you planned for? What […]
If you’re hoping to just ride out the Equifax breach scandal and do nothing about it, you might not have a problem next week or next month. Or even next year. Since the credit reporting company Equifax EFX, -2.35% announced last Thursday it had been affected by a data breach earlier in the summer that potentially affected 143 million […]
breaking bad money (AMC) You don’t have to be a professional investor to make a killing in the volatility market. Just ask Seth M. Golden, who previously worked as a logistics manager at a Target store. The 40-year-old, who lives in a suburb of Ocala, Florida, says he’s grown his net worth from $500,000 to […]
The kids are going back to school and the weather will soon start to cool. While Labor Day signals the unofficial end of summer, there is still time to sneak in one last vacation. A recent survey from Expedia (EXPE) found that nearly 25% of Americans plan to travel over the Sept. 4 weekend, which means the […]
During the second quarter ended June 30, activist hedge fund Jana Partners snapped up 600,000 shares of meal kit delivery company Blue Apron (APRN), a position valued at $5.6 million at the time, according to a 13-F filing posted on Monday. This is interesting because Jana is also the fund that had been pushing Whole […]
This article is published in collaboration with Scutify, where you can find real-time markets and stock commentary from Robert Marcin, Cody Willard and others. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com. The Biotech-Cannabis Connection The biotech sector will be one of the greatest beneficiaries of the legal cannabis movement and we expect this market to […]
