Trading Ideas

Find out who’s still eligible to get some extra money from the program. …read more […]

Find out what the tobacco giant’s latest strategic move is and why it’s important. …read more […]

Transcript:
Here’s a slap for the financial planning industry that insists on using rules of thumb, specifically the 4% and 60-40 rules.

One of the things that really frosts me about this business is these “set and forget” tools. The idea that one number will serve you throughout your entire retirement is absurd.

Take the 4% rule first, which states you should withdraw 4% of your nest egg each year in retirement.

It puts such a crimp on our money lives in retirement when we could be enjoying other things. It’s just too restrictive. Plus, it’s based on numbers from the four worst years …read more […]

This big pharma’s future looks brighter than its recent past. …read more […]

American Airlines warned airline passengers may eventually face higher ticket prices if oil prices remain high, prompting carriers to remove seats from the market. Oil prices have risen around 50 percent compared to the levels seen last year and that is putting pressure on airline profits. “If it becomes clear this is the new normal you would see over time less capacity and growth in the industry and therefore higher prices, but I don’t think that’s going to happen in the near term,” CEO Doug Parker told reporters on the sidelines of the annual IATA meeting of …read more […]

All the chatter is that underdog Cleveland could be completely deflated from the way it flopped in Game 1 of the NBA Finals. Determined and as motivated as ever might be more appropriate and fitting whenever LeBron James is in the mix. “It’s one of the toughest losses I’ve had in my career,” James acknowledged Saturday, “because of everything that kind of went on with the game and the way we played. …read more […]

GitHub is practically a household name among developers looking to store, …read more […]

Boeing Co is prioritizing passengers over cargo belly-space in its potential new mid-sized airplane, a senior executive said on Sunday, dampening speculation of a redesign to accommodate freight demand from Asian airlines. Industry sources say the proposed 220 to 270 seat plane has been designed with an elliptical fuselage leaving less space for cargo in order to make it more aerodynamic and cheaper to fly. Randy Tinseth, Boeing’s vice president of marketing for commercial planes, said the company was reluctant to change the design because larger wide body jets were better suited for cargo. …read more […]

The United States was singled out by some of its closest allies Saturday over the imposition of tariffs that they warn will undermine open trade and weaken confidence in the global economy. The dispute over U.S. President Donald Trump’s new levies on steel and aluminum imports is driving a wedge in the G7 group of industrial nations. Following Saturday’s conclusion of a three-day meeting of G7 finance ministers, Canadian Finance Minister Bill Morneau issued a summary saying the other six members want Trump to hear their message of “concern and disappointment” over the U.S. trade actions. …read more […]

Thousands of Palestinians, including hundreds of medical workers in white uniforms, took part Saturday in the funeral procession of a colleague who was shot dead by Israeli troops the previous day along the Israel-Gaza border. Razan Najjar, a 21-year-old volunteer paramedic, was shot as she tried to help evacuate wounded near Israel’s perimeter fence with Gaza. …read more […]

If you’re retiring at age 65, this is the most you can get in Social Security. …read more […]

President Donald Trump’s lawyers composed a secret 20-page letter to special counsel Robert Mueller to assert that he cannot be forced to testify while arguing that he could not have committed obstruction because he has absolute authority over all federal investigations. The existence of the letter, which was first reported and posted by The New York Times on Saturday, was a bold assertion of presidential power and another front on which Trump’s lawyers have argued that the president can’t be subpoenaed in the special counsel’s ongoing investigation into Russian meddling in the 2016 election. The letter is dated …read more […]

Apple’s Worldwide Developers Conference is just a couple of days away, but …read more […]

Placating a new CEO at the expense of employees suggests Brian Niccol might not gel with the restaurant’s culture. …read more […]

The alcoholic beverage giant has a strong track record of making the right investments to grow its business. …read more […]