Archive for January 8th, 2018

Jim Cramer explained how index funds, stock shortages, tax cuts and low valuations all coalesce to drive stocks higher.

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While every business handles personnel differently, one well-regarded approach is to annually make redundant the bottom 5 to 10 percent of employees. Such a policy redounds to business and worker alike. Businesses shed the workers who arent producing a multiple of their pay, while employees gain by virtue of exiting the kind of work that doesnt reinforce their skills.
Crucial here is that businesses have no choice. They have shareholders for whom theyre striving to earn profits. For them to retain individuals whose lack of productivity holds the business down is for them to…

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Grace Hopper was an extraordinary human being. She was one of the pioneers of computer science, helping to develop some of the first programming languages used, some of which are still used today. She was also extraordinary because she did these things in a military dominated by men and a field that over time became dominated by men. When she graduated from Vassar College in 1928, less than 5 percent of women were college graduates and roughly 40 percent of bachelor’s degrees were granted to women. Even fewer were in STEM fields. This restricted the number of women who could become a Grace…

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Those who fear Amazon is on the verge of becoming a monopoly that eats all competitors and locks up the retail market should take note of an announcement last week by Sears Holdings: The company will be closing another 100 stores this year.
Some will see Sears downward trajectory as proof that Amazon is on the verge of assuming near-monopolistic dominance of the retail market. In fact, it proves the opposite: No one can blithely assume that kind of power, at least not for long. Just look at Sears history: Back in the 1960s, many feared the Sears chain would mow down all that stood…

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Jim Cramer explained how index funds, stock shortages, tax cuts and low valuations all coalesce to drive stocks higher.

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<p>History says that if equities post a gain in the first five trading days of the year, there’s a very good chance that the stock market will continue to rise for the whole year.</p>

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<p>Despite fresh setbacks, many drugmakers, scientists keep pursuing treatments, with some focusing on earlier intervention</p>

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There's a dramatic new idea to solve inequality in America: Give every baby a small trust fund they can access when they turn 18.

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A Hong Kong-based company whose stock benefited from cryptocurrency fever to jump more than 900 percent last year had trading in its shares suspended by U.S. regulators over concerns that investors are being misled about the company’s business.

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Warren Buffett's Berkshire Hathaway stands to reap a $37 billion windfall from the tax reform bill Congress passed in December, according to a report.

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<p>Media icon, actor and entertainment executive Oprah Winfrey's buzzworthy speech Sunday night at the Golden Globes has generated speculation that she could run for president in 2020.</p>

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GoPro has hired JPMorgan Chase to help seek a potential sale.

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Ripple, the second-largest digital currency behind bitcoin, crashed more than 30 percent on Monday.

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Homeowners have $3 trillion more in equity now than when the housing market last bottomed in 2012.

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Brooklyn Mallard, 17 months old, spent the holidays surrounded by her Christmas gifts in a Pittsburgh hospital bed. She should have been home. Her doctors cleared her to leave the hospital last March.

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