Trading Ideas
Here’s Your Full Social Security Retirement Age — And What It Means to You
Only one-fourth of Americans correctly know their Social Security full retirement age. Do you? …read more […]
Month: May 2018
Trading Ideas
From Bakersfield to DC, McCarthy’s unlikely rise in GOP
People watching Rep. Kevin McCarthy’s political rise often marvel at how he got here. The rest of the country might be stunned, too, if Republicans win in November and McCarthy succeeds in his quest to become speaker of the House, next in line after the vice president to the presidency. “People probably have a certain perception of Kevin — he didn’t graduate from Harvard or do a lot of things politicians do,” said Rick Priest, a McCarthy pal since the seventh grade. …read more […]
Trading Ideas
How to Replace Income With a Bond Ladder
Find out how you can boost your investment income with this simple strategy. …read more […]
Business News
Oil surges to fresh highs on growing supply worries
LONDON (Reuters) – Oil prices rose to their highest levels since late-2014 on Monday, boosted by Venezuela’s deepening economic crisis and a looming decision on whether the United States will re-impose sanctions on Iran.
Business News
Carlyle set to close new Asia fund at $6.5 billion: sources
HONG KONG (Reuters) – Carlyle Group is set to close its biggest-ever Asia private equity fund at $6.5 billion, people with direct knowledge of matter said, in a deal that adds to the record levels of funds seeking deals in the region.
Business News
Australia’s ANZ cuts financial planner bonuses as inquiry reshapes an industry
SYDNEY (Reuters) – Australia’s ANZ said it would quit paying bonuses to financial planners for selling its products, becoming the country’s first major lender to change business practices in response to a powerful inquiry that has unmasked widespread misconduct in the sector.
Trading Ideas
Nokia acquires SpaceTime Insight, adding AI to its Internet of Things business
Nokia last week said that it was selling off its digital health business, …read more […]
Business News
Air France KLM shares slump as CEO prepares to quit over union pay row
PARIS (Reuters) – Air France KLM shares slumped on Monday after the company’s chief executive said he would resign following the rejection of a pay deal by the airline’s staff.
Business News
Nestle to pay $7.15 billion to Starbucks to jump-start coffee business
LONDON/ZURICH (Reuters) – Swiss-based food giant Nestle will pay Starbucks $7.15 billion in cash for the rights to sell the U.S. coffee chain’s products around the world in a global alliance aimed at reinvigorating their coffee empires.
Business News
Dollar surge bringing emerging market rate cut cycle to a halt
LONDON (Reuters) – A resurgent dollar and higher borrowing costs are smashing through Argentina and Turkey’s currencies like a wrecking ball and raising the likelihood more broadly that emerging markets’ three-year long interest rate cutting cycle is at an end.
Business News
Oil prices reach highest since Nov 2014 on Venezuela, Iran worries
SINGAPORE (Reuters) – U.S. oil prices rose above $70 a barrel on Monday for the first time since November 2014 and Brent crude climbed to fresh highs, buoyed as a deepening economic crisis in Venezuela threatened the country’s already tumbling oil supply.
Business News
Asia shares mostly higher, U.S. crude powers past $70
SYDNEY (Reuters) – Most Asia markets firmed on Monday after a tame reading on U.S. wages lessened the risk of faster rate hikes by the Federal Reserve, although Sino-U.S. trade tensions and a looming deadline for an Iranian nuclear deal lurked in the background.
Trading Ideas
Chelsea Manning: Insurgent bid for US Senate is genuine
NORTH BETHESDA, Md. (AP) — Chelsea Manning is no longer living as a transgender woman in a male military prison, serving the lengthiest sentence ever for revealing U.S. government secrets. She’s free to grow out her hair, travel the world, and spend time with whomever she likes. …read more […]
Trading Ideas
Pelosi says Democrats have cash and environment to win House
House Democratic leader Nancy Pelosi said Sunday that House Democrats have the fundraising, the issues and the political atmosphere on their side to win back the majority in November. A stream of Republican House retirements, including House Speaker Paul Ryan, and the GOP-passed tax cut’s shaky popularity, underscored by President Trump’s low approval, are fueling increased Democratic hopes of retaking the House for the first time since 2010. …read more […]
Business News
Nestle to pay $7.15 billion to Starbucks in coffee tie-up
ZURICH (Reuters) – Nestle will pay Starbucks $7.15 billion as part of a global coffee alliance in which the Swiss-based food giant is getting the rights to market the U.S. coffee company’s products around the world outside Starbucks’ coffee shops.