Archive for July 19th, 2017

Chuck Bundrant was a college freshman with $80 in his pocket when he drove halfway across the country to Seattle to earn a few bucks fishing.

More…

Comments No Comments »

According to Trulia, almost half of buyers wish they had done a key thing differently.

More…

Comments No Comments »

Those who rail against free trade as a job killer are beginning to grasp that they are boxing a shadow. The realization that jobs arent going to Mexico or China so much as to robots, digitization, and other technologies has spawned the emergence of a new Ludditism, aimed at saving jobs by stopping or slowing technological advancement. But all it could save us from is greater prosperity.
The recognition that Americans (and those in other developed countries) are not being replaced by foreigners so much as by robots has seeped through, spawning a new target. The same job-protection…

More…

Comments No Comments »

The alleged failure of Republicans to repeal the mis-named Affordable Care Act (ACA) predictably has the conservative punditry up in arms. Why Cant Republicans Get Anything Done? was one of many frustrated headlines lamenting the GOPs lack of legislative success. One editorial asserted that Republican failure to do something about the ACA is one of the great political failures in recent U.S. history, and the damage will echo for years. Really?
Implicit in all the conservative ranting about the need to repeal, or worse, fix the ACA, is that healthcare was a…

More…

Comments No Comments »

Many investors fear that stock prices will plunge when the Fed raises interest rates to normal levels. Others say, not to worry, the Fed only controls short-term interest rates, and stock prices depend on long-term rates. Yet others argue that, even if long-term rates do rise, the historical correlation between stocks and bonds is very loose.
Who is right? These arguments are all reasonable, but divert attention from what should matter to value investors.
It is certainly true, other things being equal, that higher interest rates make stocks (and bonds) less valuable.
It is certainly…

More…

Comments No Comments »

Elon Musk tamped down expectations about Space Exploration Technologies Corp.’s new rocket designed to carry private citizens into space, saying whoever chooses to be among the first passengers will need to be "brave."

More…

Comments No Comments »

Find out what the Oracle of Omaha always carries in his pocket.

More…

Comments No Comments »

The activist investor that Whole Foods Market Inc. Chief Executive Officer John Mackey labeled as “greedy bastards” has sold its stake in the grocer and made a profit of about $300 million in a matter of months.

More…

Comments No Comments »

The proposed tax rate for businesses is now said to be around 20 percent, rather than the 15 percent rate the administration said it wanted.

More…

Comments No Comments »

REUTERS/Rick WilkingThe Waltons are the richest family in America, but they're pretty discreet about it. The Walmart heirs have a combined wealth of $130 billion, which is more than both Bill Gates and Warren Buffett. In…

More…

Comments No Comments »

Three major stock-market benchmarks in the U.S., Europe and Asia have avoided pullbacks this year, commonly defined as 5% declines from recent highs.

More…

Comments No Comments »

Employers increasingly see the match as a way to lure talented workers — and to keep them

More…

Comments No Comments »

Everyone makes mistakes, but these could be particularly painful.

More…

Comments No Comments »

<p>U.S. stocks traded higher on Wednesday as investors digested key housing data and more quarterly earnings.</p>

More…

Comments No Comments »

<p></p><p>U.S. stocks opened higher on Wednesday as investors digested key housing data and more quarterly earnings.</p>

More…

Comments No Comments »