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Apple is cutting hundreds of workers from its self-driving car projects, according to a report from CNBC. The news comes at an inflection point for the Silicon Valley company. iPhone sales are...
It is Economics 101. The best business model involves strong sales and high profit margins. Sadly, the combination almost never happens. Apple (AAPL) almost got there in the past quarter. The...
Apple (AAPL) has been a polished addition to just about any portfolio. Its shares are up 203% over the past five years. But as a technology company, Apple is thoroughly depressing. And this...
Memorial Day, originally known as “Decoration Day,” was created in 1868 in order to commemorate the Union and Confederate soldiers that died during the Civil War. Today, it honors all the...
Have you seen the action in gold lately? It’s good. The action in miners is even better. The miners are no longer hitting the snooze button. They’re waking up, shaking off the cobwebs, and looking...
It’s not easy for cryptocurrency speculators right now. Right now, it seems like everyone in a position of power is turning against them. This week, officials at the International Monetary Fund...
In movies and novels, overnight success stories are frequent. Real life doesn’t work that way. It takes years of hard work, vision and at least one gigantic bet-the-farm moment. This week,...
In the future, consumers will apply for and receive credit in seconds. They won’t even need a plastic credit card. Everything will be digital, always. Actually, that is not the future at all....
"If you use a credit card, you don't want to be rich." — Mark Cuban "If you can't pay cash ... don't buy it," I said to my son as he rolled his eyes. That's an old-fashioned attitude, but I...
Just like with most financial institutions, credit unions know that lending is one of the driving forces behind growth. The more loans they give out, the more money they can make — which can...