Is The Stock Market Open The Day After Thanksgiving? After a day off for Thanksgiving, is the stock market closed for Black Friday as well? No, but it’ll only be open for a few hours. The Nasdaq and New York Stock Exchange both shutter at 1 p.m. ET, giving you a two-and-a-half day trading break. […]
Amazon CEO Jeff Bezos knows what it takes to build a business worth billions and he has his grandfather to thank for part of his success.
Federal Communications Commission chair Ajit Pai is adding yet another item to his to-do list. On top of cancelling broadband-privacy and net-neutrality rules, boosting rural broadband and battling robocalls, he wants to make media mergers easier. In a post on the FCC’s site, Pai described this latest ambition as “modernizing our media ownership rules to reflect the marketplace of the present, […]
Roku (ROKU), Snapchat parent Snap (SNAP) and Sogou (SOGO) are all 2017 IPOs, but with different chart action. Roku skyrocketed 70% last week on its first-ever quarterly report since coming public. Snap crashed on yet another disappointing quarter as it struggles vs. much-larger Facebook (FB). Sogou, a Chinese search engine from Sohu (SOHU), had a solid first two days after pricing at the high […]
SEB CEO says productivity is key to ensuring banks grow Nordea CEO predicts half of bank jobs to vanish in 10 years Nordea Bank in Helsinki. Photographer: Vesa Moilanen/AFP via Getty Images Will every second banker lose his or her job in the next decade? The answer to that question is probably “yes,” according to the […]
Well-known author Michael Lewis offers up some sharp words on how Trump has performed one year into the presidency. Lewis tells TheStreet that Trump did do something good in selecting Jerome Powell to lead the Federal Reserve. How the stock market has performed during Trump’s first year in office has borderline shocked Michael Lewis. “If […]
Dear Moneyoloigst, I am 27 years old and a real estate agent in New York City. Lately, I have found myself really thinking about what to do with a sum of money that’s coming in to me from a couple of real estate closings next month. For the past 2 years I have ramped up […]
What it’s like for a student to meet the Oracle of Omaha Several times a year, Warren Buffett invites business students to Omaha, Neb., to listen to the Oracle himself. In mid-October I attended this event along with students from 10 universities and business schools. We met Buffett at the Hilton hotel in downtown Omaha, […]
If you’re a millennial looking to buy a home, put on your boxing gloves: The market is competitive. August housing sales fell to a 2017 low, dropping 3.4% from July’s numbers, according to the US Census Bureau. But while there are fewer homes on the market, there are more people looking to buy. This means the […]
Ready to start tackling your holiday gift list? Join the shopping frenzy—this year, holiday retail sales are expected to top $1 trillion, according to estimates by Deloitte. “People are feeling pretty good about things, incomes are rising, people have jobs, they’re in the spirit to spend and they’re going to spend,” said Vera Gibbons, a […]
You may have made a financial resolution for 2017—but did you keep it? Thirty-six percent of Americans made a financial resolution this year, according to Fidelity. The most popular resolutions? Save more, pay off debt and spend less overall. As the year comes to a close, it’s common for our resolutions to fall by the wayside. […]
Experts say this is the ideal retirement savings timeline. Planning how much to save for retirement, let alone actually putting away the money, can be overwhelming. Knowing is half the battle, but it can be difficult to wade through all the advice out there and get a clear answer to the question, am I where I […]
