Investors hoping that tax cuts and aggressive government spending plans will add another leg to the bull market likely are going to be disappointed, Morgan Stanley argues in an analysis that contends the end of big returns is near.
Federal investigators have halted an alleged student loan debt relief scam that bilked more than $11 million from consumers nationwide.
Strategic Student Solutions and several related companies falsely promised to reduce or eliminate student loan debt and also offered the borrowers non-existent credit repair services, in exchange for upfront fees and monthly payments, the Federal Trade Commission....More>>>
It was an end befitting the first Period Con: a congresswoman and a YouTube star shared stories about the first time they menstruated.
“I read ‘Are you there, God? It’s me, Margaret’ by Judy Blume,” said congresswoman Grace Meng, who represents Queens, New York. “I think that’s what informed me. So when I first got my period, I wasn’t scared....More>>>
San Francisco Mayor Ed Lee announced at a press conference yesterday that, starting next fall, community college will be tuition-free for all San Francisco residents through the City College of San Francisco.
As first reported by The San Francisco Chronicle, San Francisco would become the first city in the nation to make community college free to all city residents. Any....More>>>
Wells Fargo is having a hard time getting Americans to sign up for credit cards these days. Credit card applications at Wells Fargo plunged by 55% in February, the sharpest decline since the bank’s fake account scandal erupted last September. In addition, consumers opened 43% fewer checking accounts than a year ago and interactions with....More>>>
President-elect Donald J. Trump’s decision to pick Steven Mnuchin, a former Goldman Sachs partner, as the next Treasury Secretary is driving hopes on Wall Street that government sponsored mortgage giants Fannie Mae and Freddie Mac will be privatized in the new administration. “We’ve got to get them out of government control,” Mnuchin told Fox Business News on Wednesday morning....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.
Although the Big 3 market indexes all closed lower, market breadth was mixed, with a slightly positive reading on the NYSE and a negative reading on the Nasdaq exchange. On the Big Board, the number of advancing stocks outnumbered decliners 1,503 to 1,387, according to FactSet, while volume in
On March 13th, 2018, CTS Labs announced that they have found no less than 13, yes, count them, 13 vulnerabilities in AMD's (AMD) Ryzen and EPYC architectures. To back up this claim they have had their findings reviewed by not less than ONE, yes, just one, company, Trail of Bits. To further bolst
You can make the argument that the Dow Jones Industrial Average isn’t necessarily the best representation of the entire U.S. economy anymore. That title goes to the S&P 500 Index. But you can’t deny that the 30 Dow Jones stocks are kingpins in their respective indus
Traders work on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange on August 16, 2017 in New York. Wall Street stocks rose early Wednesday ahead of the release of Federal Reserve meeting minutes expected to shed light on the prosp