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 […]
Category: Finance
Gold turns up from seven-week low as U.S. dollar pares gains
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 […]
‘Age in place’: How self-driving cars will transform retirement
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 — […]
How to withdraw penalty-free from IRA or 401(k)
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 […]
Finally, a Retirement Calculator That Might Help You Retire
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 […]
Were you impacted by the Equifax breach? You risk financial chaos by doing nothing
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 […]
A former manager at Target became a millionaire using one of Wall Street’s favorite trades
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 […]
Money-saving Labor Day travel tips
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 […]
Hedge fund that profited from Whole Foods-Amazon deal discloses bet on Blue Apron
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 […]
The Biotech Side Of The Cannabis Sector Will Be Larger Than Life
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 […]
The 10 Best Family Cars for 2017
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, […]
Here’s what happens to your old money
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 […]