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 […]
Summer is getting closer, which means Americans are buckling up. According to AAA, 80% of people plan to take a road trip this summer, which could mean it’s time to upgrade your wheels. Parents Magazine and Edmunds released their annual list of 10 Best Family Cars for 2017, just in time to hit the road. They looked at thousands of cars, […]
Everyday, the Federal Reserve puts new money into circulation, and takes old, damaged money out. The bills that look a little too worse-for-wear are deemed “unfit currency” and destroyed. Each year, the Fed recycles $200 billion worth of currency, and 70% of the new cash it ordered to be printed for 2017 is being used to replace […]
Unless you’ve been living under a rock, you probably know that Amazon (AMZN) Prime Day will happen Tuesday July 11. The third annual sale by the e-commerce giant will feature thousands of lightning deals only available to Prime members – they will be in limited quantities and available for a limited time. From kitchenware to electronics, the […]
Both initial public offerings (IPOs) on last week’s calendar succeeded in entering the public markets and another five are on the calendar for the coming week. Last week’s capital raise of about $132 million is dwarfed by the $966 million being sought in the week ahead. Of last week’s IPOs, Akcea Therapeutics Inc. (AKCA) raised […]
(Federal Reserve Chair Janet Yellen tours Daley College in Chicago, Monday, March, 31, 2014. AP Images) The Federal Reserve is embarking on an annual summer ritual: Downgrading its overly optimistic forecasts for economic growth and, potentially, preparing for a pause in interest rate increases. Wall Street rallied after Fed Chairwoman Janet Yellen’s testimony to Congress this […]
1000%, 2000%, 3000%, and higher returns are common in the emerging cryptocurrency market. Just last week, a trader posted screen shots showing him turning a $380 speculative bet into over $1 million in less than an hour. While this was a one-in-a-billion stroke of luck, other truly massive longer-term returns are easier to obtain and […]
