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- Bernie’s Houses
Sanders's net worth doesn’t extend all that far beyond his real estate portfolio.... Read more »
Published: February 21, 2020 - 9:49 pm - Redlining and the Financial Crisis
Michael Bloomberg has come under a lot of criticism for remarks he has made about the origins of the financial crisis.... Read more »Published: February 21, 2020 - 7:55 pm - 30-Year Treasury Yields Reflect Long-Term Economic Headwinds
U.S. markets had performed well despite fears that coronavirus could disrupt global supply chains and hold back demand in key Asian markets. That changed Friday.... Read more »Published: February 21, 2020 - 6:14 pm - The Problem with Expanding Guest-Worker Programs
If the GOP wants to help secure its support among working Americans, expanding guest-worker programs would seem a step in the wrong direction.... Read more »Published: February 21, 2020 - 5:13 pm - California Pension Fund Does Not Deny CIO’s Involvement in China’s ‘Thousand Talents Program’
The CEO of CalPERS said Representative Jim Banks had made 'baseless accusations' but did not deny that Yu Ben Meng was recruited to a Chinese program.... Read more »Published: February 21, 2020 - 5:09 pm - How coal mine waste could help build your next phone
To the coal mining industry, cleaning acid drainage is a burden. Some researchers see the mine waste as a possible source of now-scarce minerals.... Read more »
Published: February 21, 2020 - 4:30 pm - Jeffrey Epstein Associate Leslie Wexner Steps Down as Victoria’s Secret CEO
This comes after ex-wrestlers at Ohio State, where Wexner and his wife are huge donors, requested an investigation into the school’s dealings with Epstein. ... Read more »Published: February 21, 2020 - 1:38 pm - How New Is the Oren Cass Approach?
The public-policy expert has some interesting ideas. But they aren’t necessarily new ones.... Read more »Published: February 21, 2020 - 11:30 am - Will the U.S. and India Play the Long Game on Trade?
Trump’s visit to India could produce long-term economic and strategic benefits.... Read more »Published: February 21, 2020 - 11:30 am - Bernie’s Wrong: We Are Better Off Today Than We Were 45 Years Ago
Wage stagnation is a myth, we live longer, there’s much less crime, and the environment is cleaner.... Read more »Published: February 20, 2020 - 9:37 pm - Kenneth Rogoff on Fiscal Fantasy
Economist Kenneth Rogoff notes that the last decade has seen a resurgence of interest in using fiscal policy to stabilize the business cycle.... Read more »Published: February 20, 2020 - 7:05 pm - ‘Extraordinarily Disturbing’: Mulvaney Calls Out Republicans for Hypocrisy on Deficits
Mulvaney said that he is disturbed by congressional Republicans' abandonment of their commitment to curtail spending when their party holds power.... Read more »Published: February 20, 2020 - 3:29 pm - Should We Worry About Record-High Household Debt?A report from the Federal Reserve Bank of New York finds that household debt balances have hit a record high.... Read more »Published: February 20, 2020 - 3:15 pm
- Watch: Kat Timpf Criticizes NYC Government for Dictating What Prada Can’t Sell
Kat Timpf criticizes NYC's Commission on Human Rights for acting as if it has the right to stop businesses, like Prada, from selling certain products.... Read more »Published: February 19, 2020 - 8:25 pm - Michael Milken and Insider Trading
Reis Thebault, writing in the Washington Post, identifies Michael Milken as “the ‘junk bond king’ who was charged with insider trading...”... Read more »Published: February 19, 2020 - 4:13 pm - While We All Gawk at the Political Circus, Our Fiscal House Is Falling Apart
Debt and deficits are not exciting issues, but they’ll have a huge impact on our future.... Read more »Published: February 19, 2020 - 11:30 am - The Return of Conservative Economics
A society that attempts to maximize everyone’s freedom at every moment will fail miserably in preserving individual liberty and limiting government over time.... Read more »Published: February 18, 2020 - 5:00 pm - Apple Says Coronavirus Will Stunt Its Quarterly Earnings
The tech giant said the virus, which as of Monday had affected over 71,000 people in China, was impacting the production of the flagship iPhone.... Read more »Published: February 17, 2020 - 10:33 pm - Michael Bloomberg Is a Condescending Jerk . . .
. . . who made a legitimate point about how jobs are changing.... Read more »Published: February 17, 2020 - 9:16 pm - U.S. Considering Restrictions to Curb Chinese Access to Chip Tech
The Trump administration is considering slapping China with new trade restrictions that would curb the country's access to American chip technology.... Read more »Published: February 17, 2020 - 4:13 pm
- ● Can Royal Mail get back on track? Union rows place dividend at risk
Royal Mail is facing a pivotal year. Boss Rico Back is trying to roll out modern technology and shift its business model towards parcels, as the number of letters being sent continues to decline.... Read more »
Published: February 22, 2020 - 9:43 am - ● The UK motorways with the biggest gaps between service stations revealed
A traffic-free run - which is highly unlikely given the motorway's infamous track record - from Cobham to South Minns on the M25 would take a motorist a foot-tapping 37 minutes to complete.... Read more »Published: February 22, 2020 - 9:41 am - ● Local milk deliveries: Why are they making a comeback?
Thousands more British households decided to get their milk delivered last year in glass bottles - what's behind this booming trend? I go on a round to find out.... Read more »Published: February 22, 2020 - 9:41 am - ● Billionaire's offer to take Daejan Holdings private sends property firm's shares soaring 55%
The Freshwater family already owns 79.5 per cent of the FTSE 250-listed company, and now wants to buy the remaining 20.5 per cent for 8050p per share.... Read more »Published: February 22, 2020 - 9:20 am - ● Top train boss who dodged jail is now at National Express
Mark Heffernan was spared jail earlier this week after he admitted rubber-stamping unauthorised expenses on alcohol, hotels and travel in a scam spanning more than seven years.... Read more »Published: February 22, 2020 - 8:26 am - ● Dormant investments worth millions could be handed to good causes
Some £600m sitting in inactive bank accounts has gone to good causes since 2008, and the Government is thinking about extending this to investment funds, shares and insurance products.... Read more »Published: February 22, 2020 - 7:49 am - The 'Friends' Reunion Is Official at HBO Max, and It's a Perfect Example of How to Turn Fans Into Customers
An 'unscripted reunion show' is coming to HBO MAX this May.... Read more »
Published: February 21, 2020 - 11:52 pm - Kia's new seven-seater Sorento SUV is a triumph, says RAY MASSEY
This new Sorento is another triumph for Korea, which is still celebrating Oscar glory with Bong Joon-ho's film Parasite. Kia has sold more than 53,000 Sorentos in the UK.... Read more »Published: February 21, 2020 - 11:08 pm - DIRECTOR DEALS: Glaxo boss Emma Walmsley handed £6.6m in shares
Walmsley, 50, will receive the 392,260 shares if she and the pharma group hit a number of targets between January 2020 and December 2022. She will have to sit on the stock for two years.... Read more »Published: February 21, 2020 - 11:08 pm - PUNT OF THE WEEK: International research group YouGov
An international research group that gathers data on opinions and is best known for its political surveys and polling, YouGov was founded in 2000 by two former aides to Jeffrey Archer.... Read more »Published: February 21, 2020 - 11:08 pm - TRUST WATCH: Fidelity China Special Situations
Fidelity China Special Situations employs a locally based analyst team. Its manager Dale Nicholls searches for undervalued companies which he believes have good long-term prospects.... Read more »Published: February 21, 2020 - 11:08 pm - Rio Tinto appoints three female non-executive directors
Hinda Gharbi, an executive vice-president at oil fields services group Schlumberger, and Jennifer Nason, a global chairman at JP Morgan Chase, will take up their roles on March 1.... Read more »Published: February 21, 2020 - 11:07 pm - MAGGIE PAGANO: Why the rich still get richer
When Bernard Arnault of LVMH, went to the corporate bond markets last week to raise around €9bn to help pay for his purchase of US jewellers Tiffany, he made his company even richer.... Read more »Published: February 21, 2020 - 11:07 pm - Squawk firm leaked secret trading details to its subscribers
The serious breaches by Livesquawk, which sells its breaking news service to traders at investment banks and hedge funds, could potentially have helped its clients make millions in profit.... Read more »Published: February 21, 2020 - 11:07 pm - Hornby raises £15m to take its traditional toys into the 21st century
Hornby, most famous for its toy trains, said it had sold 37.2m shares for 36p each to its existing investors Phoenix Asset Management and Artemis Investment Management, pulling in £13.4m.... Read more »Published: February 21, 2020 - 11:06 pm - Savers hammered by surging inflation and falling interest rates
The number of accounts which pay more than inflation has slumped by over 90 per cent in a month. There are only a few now and these require savers to lock away their money for at... Read more »Published: February 21, 2020 - 11:06 pm - Factory output and sales of commercial properties soar
HM Revenue & Customs revealed 11,170 sales completed in January - the highest volume of commercial property sales and the biggest monthly rise in almost 12 years.... Read more »Published: February 21, 2020 - 11:06 pm - Barclays faces probe over computer software it used to spy on staff
The High Street bank started trialling the technology last week, which lets managers track how long employees spend at their desks and time spent on tasks.... Read more »Published: February 21, 2020 - 11:06 pm - Power couple at the heart of battle for Sirius Minerals
Nichola Pease will join Jupiter Asset Management, which has a 7.8 per cent stake in Sirius. Her husband runs Odey Asset Management, which has built up a 1.3 per cent stake.... Read more »Published: February 21, 2020 - 11:06 pm - Why This Memory Expert Says You Need to Treat Your Brain Like a Muscle
Why This Memory Expert Says You Need to Treat Your Brain Like a Muscle... Read more »Published: February 21, 2020 - 9:43 pm - 4 New Social Media Trends You Need to Know for 2020
You're not imagining things. Social is definitely getting weirder--and that's just one of the factors that will shape how youcreatecontentin the year ahead.... Read more »Published: February 21, 2020 - 9:40 pm - Small Business Approval for President Trump at All-time High
Trump approval rating by small business owners is at a record high.... Read more »
Published: February 21, 2020 - 9:30 pm - VideoFrank Eliason from Amazon – Proud to be an Amazonian Working in the Fulfillment Center
Frank Eliason describes his experiences working at an Amazon fulfillment center and gives us insight into what it's really like.... Read more »Published: February 21, 2020 - 8:35 pm - The Most Important Lesson of Social Science
Sam Bacharach considers a line from sociologist W.I.Thomas and its implications for brain science.... Read more »Published: February 21, 2020 - 7:48 pm - 5 UX Mistakes That Hurt Your Best Apps
An attention-grabbing interface might be the least important aspect of your app's UX. Know your users' needs, and make sure your app addresses them.... Read more »Published: February 21, 2020 - 7:07 pm - 3 Ways to Spark the Next Million-Dollar Idea Within Your Company
Serious about your company's growth? Then listen carefully to what your employees have to say.... Read more »Published: February 21, 2020 - 7:00 pm - It's Okay to Cry at Work--Everyone Else Does It
If you feel those tears welling up, it's okay. We've all been there.... Read more »Published: February 21, 2020 - 6:43 pm - Apple's iOS 14 Could Fix Its Most Glaring Omission by Letting You Change Your Default Email and Browser
This would finally fix one of iOS users' biggest pain points.... Read more »Published: February 21, 2020 - 6:11 pm
- ● Malaysia says American coronavirus case from Westerdam cruise ship now tests negative for virusThe 83-year-old woman was the first passenger from the MS Westerdam, run by Carnival Corp unit Holland America, to test positive.... Read more »
Published: February 22, 2020 - 7:58 am
- ● China brings in 7 cruise ships to house Wuhan medical workers, state media reportsThe move comes at a time when such ships are under scrutiny after hundreds of passengers on the Diamond Princess liner in Japan contracted the coronavirus.... Read more »
- ● With savings rates so low where should you put your extra cash?Long-suffering savers have fewer accounts to choose from and some customers are being paid no interest at allMillions of savers were dealt a blow this week when National Savings & Investments cut rates on many of... Read more »
Published: February 22, 2020 - 7:01 am - ● My partner wants a dog but I worry as we go away a lotI fear the cost of care while on holiday could be enormous. How do others solve this problem?Every week a Guardian Money reader submits a question, and it’s up to you to help him or her... Read more »Published: February 22, 2020 - 7:00 am
- ● A truly bold chancellor would scrap national insuranceIf NI and income tax were merged, the extra sum raised could solve the social care crisisWhat’s the basic rate of tax? No, it’s not 20%. That’s just income tax. The true basic rate of tax... Read more »Published: February 22, 2020 - 7:00 am
- ● 'I didn't become a competitive swimmer for money'Former GB Paralympic swimmer Liz Johnson on her varied career and the importance of staying independentName: Liz JohnsonAge: 34Income: £22,000-£45,000 from earnings and personal independence payment (PIP)Occupation: Former GB Paralympic swimmer, speaker, broadcaster, managing director of... Read more »Published: February 22, 2020 - 7:00 am
- ● China's central bank vows more steps to support virus-hit economyThe People's Bank of China (PBOC) will guide market interest rates lower and keep liquidity appropriately ample to help companies affected by the coronavirus epidemic, Liu Guoqiang, the bank official, told the Financial News in an... Read more »
- ● Coronavirus outbreak, economic ills dim luster of Japan's Olympic yearInstead of gearing up for the Summer Olympics, Abe and his government are battling criticism over how they've dealt with the outbreak.... Read more »
- ● Tokyo postpones training for Olympics volunteers over virus fearsJapan is facing growing questions about whether it is doing enough to stop the coronavirus, which emerged in central China late last year and has spread to 24 other countries.... Read more »
- ● Boeing to expand 737 Max inspections, sources sayTeams looking in the fuel tanks of brand new Boeing 737 Max planes for foreign object debris will expand their inspections, sources familiar with the checks told CNBC on Friday.... Read more »
- ● Coronavirus updates: Cruise ships to house Wuhan medical staff; South Korea cases spikeSouth Korea reported that two people have died as the country's total cases rose to 433.... Read more »
- ● Free trading fuels rampant speculation in stocks like Tesla and Virgin GalacticSmall investors are flocking to high-flying growth stocks after the brokerage industry made trading free.... Read more »
- DuPont ramps up safety suit production as coronavirus causes shortages in ChinaAt DuPont's largest manufacturing facility in Richmond, Virginia, CNBC got an inside look at how the company is making changes to its operations to accommodate the rise in demand for protective suits.... Read more »
- The Moneyist: ‘My father has lived a life of crime and drugs. He threw away every opportunity we gave him.’ Now that he’s on disability, doesn’t he owe his kids something?
‘My siblings and I got him a used car. He drove it off the lot, went for a joyride, and wasn’t heard from for three days.’... Read more »
Published: February 21, 2020 - 10:27 pm - Outstanding auto-loan balances just hit a new record and delinquencies are on the rise — should you be concerned?Published: February 21, 2020 - 10:27 pm
- The Moneyist: My son told me that I’ve amounted to nothing and he doesn’t want anything to do with me. Should I cut him out of my will?Published: February 21, 2020 - 10:20 pm
- Interactive Brokers founder Thomas Peterffy says he passed on pursuing E-trade purchase"We evaluated whether we should buy them or not and we decided against it," IB founder Thomas Peterffy said.... Read more »
- NewsWatch: Here are two charts that show the stock market isn’t anything like that of the dot-com maniaPublished: February 21, 2020 - 10:00 pm
- US officials reportedly told Bernie Sanders that Russia is trying to help his presidential campaignThe Washington Post reported Friday that President Trump and lawmakers have also been informed about the Kremlin's assistance to Sanders.... Read more »
- Key Words: Ex-Goldman boss Lloyd Blankfein ‘might find it harder to vote for Bernie’ than for TrumpPublished: February 21, 2020 - 9:48 pm
- Market Extra: Warren Buffett’s annual letter: Here’s what investors are looking forPublished: February 21, 2020 - 9:48 pm
- Market Snapshot: U.S. stocks slump, ending two week win streak, led by tech sector as coronavirus worries ratchet higherPublished: February 21, 2020 - 9:44 pm
- As Mike Bloomberg says he’ll release ex-employees from NDAs, here’s why you should be VERY careful about signing onePublished: February 21, 2020 - 9:44 pm
- SEC reportedly probing Altria's Juul investmentThe Securities and Exchange Commission has launched an investigation into Altria's investment in e-cigarette start-up Juul Labs, the Wall Street Journal reported on Friday.... Read more »
- Google reaches a settlement with state AGs after contesting consultants in antitrust probeThe Google settlement means that potential roadblocks to the states' probe may be cleared for now.... Read more »
- Bloomberg offers to release women from 3 NDAs after Warren roasts him at Dem presidential debateMike Bloomberg was blasted by Sen. Elizabeth Warren at the recent Democratic debate for using NDAs and for his refusal to release women from them while running to unseat President Donald Trump.... Read more »
- Wells Fargo to pay $3 billion in settling investigations into its fraudulent sales practicesThe settlement represents the latest government penalties for Wells Fargo and its former management for malfeasance.... Read more »
- Nevada Democrats are trying to avoid repeating the Iowa caucus debacle — here's howNevada Democrats said they will not use the failed app that forced Iowans to tabulate votes by hand and marred the results reporting process.... Read more »
- Warren Buffett speaks, Shake Shack earnings, Nevada caucus reaction: 3 things to watch for MondayWe'll speak to Warren Buffett following the release of his annual shareholder letter, get earnings from Shake Shack and digest the results of the Nevada caucuses on Monday.... Read more »
- Weinstein judge tells jurors to keep working after note suggests they are hung on top chargesThe judge in Harvey Weinstein's rape trial told jurors to continue deliberations after they suggested they might be hung on the most serious charges.... Read more »
- EU summit collapses as leaders struggle to fill €75bn Brexit holeStates deeply divided over budget as big contributors reject plan for them to pay more A summit of EU leaders seeking to fill a €75bn hole in the bloc’s budget left by Brexit dramatically collapsed after... Read more »Published: February 21, 2020 - 7:31 pm
- The S&P 500 just passed its highest valuation level in almost 18 yearsThe S&P 500 trades at 19 times 12-month forward earnings, the highest the P/E level has been since May 23, 2002.... Read more »
- Warren Buffett has investing lieutenants who buy stocks for him. Here's what they are betting onInvestors turning to Berkshire's portfolio for inspiration from Buffett will find more and more investments are being made by his lieutenants.... Read more »
- Coronavirus fears spoiled a solid earnings season and will further dominate markets aheadSolid corporate results were overlooked by investors who are focusing on the spillover impact from the coronavirus on the U.S. corporations.... Read more »
- As billionaires Bloomberg and Steyer burn through money, some 2020 Democrats run low on cashBloomberg and Steyer are spending huge sums on their 2020 campaigns, as Sanders leads fundraising among the nonbillionaire Democrats.... Read more »
- White House plans 5G summit with global tech leaders as battle with Huawei continuesThe Trump administration is planning a 5G summit with global tech leaders in April at the White House, officials said.... Read more »
- SpaceX is looking to raise about $250 million, valuing Elon Musk's space company at $36 billionSpaceX is seeking about a quarter billion dollars in new funds, people familiar told CNBC, raising the valuation of Elon Musk's company.... Read more »
- Branson unveils first cruise ship as he shrugs off coronavirus fearsVirgin Voyages line poised to set sail as founder downplays threat of virus to new ventureSir Richard Branson has launched his first cruise ship and brushed off concerns that the coronavirus outbreak will dissuade younger holidaymakers... Read more »Published: February 21, 2020 - 5:54 pm