April 24, 2017: Markets opened higher Monday following a first round of voting in France that appears at least to maintain both the EU and the currency union. The financial sector traded more than 2% higher near the end of Monday’s trading with real estate and telecom the only sectors showing losses for the day. WTI crude oil for June delivery settled at $49.23 a barrel, down 0.8% on the day.....More>>>
After a three-week rally that erased the dollar’s 2018 losses, greenback bulls face a test Thursday in the latest read on U.S. inflation. Millennium Global Investments doesn’t expect them to be disappointed.
That’s the view of Richard Benson, head of portfolio investments at the hedge fund, which manages $20 billion. April’s consumer-price index will be pivotal....More>>>
While looking through my portfolio, I realized I hold 300 shares of General Electric (NYSE: GE) from way, way back. I used to own 1000, but sold most off long before the financial crises. I’ve pretty much committed myself to just hold these shares, come whatever, and see what happens. I’ve invested the proceeds from the 700 sold shares well over the years, so GE is very small part of....More>>>
Oil futures rebounded from early losses after government data showed crude inventories rose less than expected last week, but then struggled to maintain gains on continued worries about rising U.S. production.
On the New York Mercantile Exchange, West Texas Intermediate futures
Government and Regulatory
According to sources, China is getting close to announcing a revised National Reimbursement Drug List (NRDL), the group of drugs covered by China’s national insurance plan. There will be 300 additions, 130 of which will be chemical drugs. The rest will be traditional Chinese medicines. This is the first update of the NRDL since 2009. Last May, China negotiated....More>>>
This article is reprinted by permission from NextAvenue.org.
To the question Does working past the traditional retirement age keep you mentally sharp? the answer was a qualified yes among several scholars attending the recent 2017 Age Boom Academy at Columbia University in early June. (Ill get to the caveats later.)
Intriguing evidence that work helps boost cognitive health among older....More>>>
When Congress changed Social Security spousal benefit provisions in November 2015, it grandfathered anyone 62 or over 62 as of January 1, 2016. The grandfathering permitted anyone meeting this birth deadline to file just for a spousal benefit starting at full retirement age, while waiting till 70 to collect their own retirement benefit, when it would start at its largest possible....More>>>
Russ Kaplan is a leading money manager with a value-oriented and contrarian approach to very long-term investing; here’s a look at his top growth idea for the coming year.
One of the few places of value in this market is the home building stocks and our Top Pick for growth-oriented investors is D. R. Horton (DHI), which is a home building stock.
D.R. Horton is more than just....More>>>
Geopolitical risk always exists. But historically, from an investing standpoint, it hasn’t mattered.
Each month, we book time with some of our company’s top financial brain power to answer questions about investing and your finances. This month we’re talking about political risk and your investments.
Our financial experts:
Ron Joelson is Northwestern Mutual’s....More>>>
GrubHub, Inc. (NYSE:GRUB) is an over-hyped growth stock whose growth prospects are misunderstood by the market. Despite big growth as a first-mover to the large online food and delivery service market, GRUB’s business model is defenseless despite its perceived “network effect.” GRUB’s projected growth runway will be eaten up by competing products from goliaths:....More>>>