Archive for June 15th, 2017

Cheap groceries, cheap wine and $11.99 chest waders.

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US Government bond securities throughout the 1930s would trade with negative yields the closer to maturity they became. It was not then, and is still not in the modern day, uncommon for treasury bill yields to be slightly negative upon expiration, but that was and is more or less a few basis points. These were longer-dated bonds, though, and the negative yield was at times on the order of several percent.
Stephen Cecchetti in a December 1987 paper, The Case of the Negative Nominal Interest Rates, written for the NBER introduces it by reciting a New York Times bond quote from December…

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New Ford CEO Jim Hackett knows where the car business is going, and is equipped to bring Ford stock holders along for the ride.

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A judge's ruling that might open the door for at least a temporary shutdown of the disputed Dakota Access pipeline surprised the industry that hailed the project as a game changer for North Dakota oil.

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Bitcoin sank as much as 19 percent, putting the digital currency on pace for its worst week since January 2015, as volatility climbs following a record-setting surge in the price.

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For anyone who collects a paycheck, there’s some bad news, and some worse news.

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If Donald Trump gets his way in overhauling banking regulation, it would free up some of the billions of dollars in capital that banks were forced to amass after the financial crisis. Less clear is what they’ll do with it.

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Kroger shares fell 12% Thursday after cutting full-year guidance. But KR stock will remain one of the best ways to wait out a coming storm.

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The changes, which surprised customers, typically lowered their monthly loan payments, new lawsuits contend. • But the result meant that customers would ultimately owe the bank much more.

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<p>The Dow Jones industrial average fell 93 points, with Goldman Sachs and Apple contributing the most losses.</p>

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<p>U.S. equities opened lower on Thursday as large-cap technology stocks faced renewed pressure.</p>

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<p>Large-cap technology stocks fell Thursday, dragging Nasdaq futures lower.</p>

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U.S. stock index futures pointed to a mixed open on Thursday morning as traders reacted to the Federal Reserve’s latest policy decision and technology stocks slumped for the second time this week.

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It's hard to plan for retirement, and one of the trickiest questions is: How much should I save?

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