Archive for April 1st, 2019

Investors need to see that Lyft can sustain its growth to justify such a high price, especially with a bunch more shares coming to market.

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Credit crunches cause recessions — and the Fed isn’t raising interest rates, write Ed Yardeni and Melissa Tagg.

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People have been using the same old retirement advice for ages, but as the times evolve so should your savings strategy. Here are five outdated tips.

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Amazon.com is planning to cut prices on hundreds of items at Whole Foods stores this week, as the e-commerce giant seeks to change the chain’s high-cost image amid intense competition among grocers.

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America’s wealthiest households are stashing their cash at record levels. 

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A sharp drop in interest rates last week suddenly made millions more borrowers eligible for a mortgage refinance. With the average rate on the 30-year fixed now close to 4 percent, 4.9 million borrowers could likely qualify for a refinance that could reduce their interest rates by at least three quarters of a percentage point, according to Black Knight, a mortgage data and analytics company. That is a nearly 50 percent increase in the size of…

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A sharp drop in interest rates last week suddenly made millions more borrowers eligible for a mortgage refinance. With the average rate on the 30-year fixed now close to 4 percent, 4.9 million borrowers could likely qualify for a refinance that could reduce their interest rates by at least three quarters of a percentage point, according to Black Knight, a mortgage data and analytics company. That is a nearly 50 percent increase in the size of…

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You don't have to be rich now to be able to retire wealthy.

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Walmart, like most other retailers, has a few subtle and sneaky strategies to separate consumers from their money.

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The first official glimpse of Saudi Aramco’s financial performance confirms the state-run oil giant can generate profit like no other company on Earth: net income last year was $111.1 billion, easily outstripping U.S. behemoths including Apple Inc. and Exxon Mobil Corp.

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U.S. airlines hit by system-wide outages

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<p>Stocks jumped on Monday as strong manufacturing data out of China eased worries of a possible global economic slowdown.</p>

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<p>Stocks jumped on Monday as strong manufacturing data out of China eased worries of a possible global economic slowdown.</p>

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The three "legs" of the retirement "stool" (private savings, pensions, and Social Security) are all in dire shape.

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The Sacklers had a new plan. It was 2014, and the company the family had controlled for two generations, Purdue Pharma, had been hit with years of investigations and lawsuits over its marketing of the highly addictive opioid painkiller OxyContin, at one point pleading guilty to a federal felony and paying more than $600 million in criminal and civil penalties. But as the country’s addiction crisis worsened, the Sacklers spied another business…

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