Every wealth builder should know one thing… When the outcome of an investment depends heavily on some expected future event, it is inherently risky. When that anticipated event comes with a time frame, the risk is exponentially greater. The good news: You can shorten those odds by being rational. The bad news: Your brain is wired to respond to investment opportunities....More>>>
Late last year, Japan legalized casinos in the country, opening up a gaming industry that could generate as much as $30 billion a year in revenues and become the second-largest casino market in the world. As several players scout for licenses, Las Vegas Sands (NYSE: LVS) is ready to invest heavily in the region, committing to an initial investment of $10 billion. While this is a significant number,....More>>>
Boston, MA, based Investment company Fmr Llc buys Bank of Americaoration, Goldman Sachs Group, Coty, LyondellBasell Industries NV, Centennial Resource Development, Flowserve, Morgan Stanley, Northrop Grumman, CBOE Holdings, Capital One Financial, sells Medtronic PLC, Roper Technologies, CVS Health, NXP Semiconductors NV, Alibaba Group Holding during the 3-months ended 2016-12-31, according to the....More>>>
Canada is ready to play hard ball with President Trump.
Canadian leaders are pushing back after the Trump administration slapped 20% tariffs Monday night on Canadian lumber, along with individual tariffs on five specific firms that ranged from 3% to 24%.
“When it comes to defending Canada’s economic interests, we’re going to play hard,” Canada’s Foreign....More>>>
Last week, women’s clothing retailer The Limited announced it was closing down all of its stores. It’s yet another casualty in the war on shopping malls and highlights the further transition of clothing retail to “fast fashion” and online formatting. It has been an ominous year for brick-and-mortar stores, but another one down could be good news for the survivors.
In this video from theMotley Fool Answerspodcast,Alison Southwick and Robert Brokamp welcome Sean Gates to the show as they answer listener questions.
To wrap up the episode, the team discusses the minimum amount of money that you might need to start investing. While no amount is too small, the key is to avoid letting transaction fees eat up too much of your money and to pick stocks that....More>>>
Star Wars: The box office guide At the box office, “Star Wars: The Force Awakens” has become even more powerful than some could have possibly imagined.
Disney’s seventh installment in the “Star Wars” saga is expected to cross the $2 billion mark at the global box office on Saturday, the studio announced on Friday.
“The Force Awakens”....More>>>
The FOMC meeting announcement was just released following the two-day December Fed meeting. Here’s what we know so far…
As widely expected, the Fed raised its benchmark lending rate 0.25% to a new range of 0.50% to 0.75%. That makes a new midpoint of 0.625%. Market odds heading into today’s FOMC meeting announcement were 95%, according to CME Group’s FedWatch....More>>>
European Pressphoto Agency
An upbeat reading on U.S. retail sales isnt enough to keep U.S. stock indices from tanking today. The Dow dropped more than 200points in late afternoon market action.
The Dow Jones Industrial Average dropped 1.19% and the S&P 500 fell 1% while the Nasdaq Composite fell 0.6%.
Energy and financial shares in the S&P 500 led the declines with....More>>>