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Moody’s Investors Service just downgraded China. But someone apparently forgot to tell Chinese funds the “bad news.” That’s because they’re some of the best performers in the entire market!...
You work hard to earn your money, and you deposit it into a bank account so it can be kept safe and so you can have access to it later. But at what cost? Around $4.2 billion per quarter, or...
How much is too much? That’s the question the Securities and Exchange Commission is wrestling with when it comes to leverage. Earlier this week, the SEC halted the approval process for a pair of...
Soon, you can manage your finances like a pro with the help of your very own personal digital assistant. This week Bank of America (BAC) unveiled Erica. The state-of-the-art chatbot comes...
Don’t worry about turmoil in Washington affecting your investments. The market will continue to move higher later this year, one noted strategist says. That’s despite questions about White House...
In 1997, a tiny company in Scotts Valley, Calif., came up with a radical business model. The big idea was to use data to change the way average people consume media. That company was Netflix...
President Donald Trump just unveiled the “biggest tax cut” ever. Or at least, that’s what he and deputies like Treasury Secretary Steve Mnuchin and National Economic Council Director Gary Cohn are...
There is a new calculus in corporate boardrooms. Profits are so yesterday. Now it’s all about vision and great storytelling. Blame Amazon (AMZN). The online behemoth cracked the code. Despite...
Last week, the awakening began. In the tawny uptown offices, big banks reported mostly dismal results and warned the economic Trump bump was more smoke than fire. The contrast from January is...
Is today’s market volatile or non-volatile? The answer is … yes. In fact, it reminds me of the famous Schrodinger’s cat experiment. That’s the one where Austrian physicist Erwin Schrodinger...