The yield on the benchmark 10-year Treasury note started the week on a tear, jumping to 2.99 percent and toying with the key 3 percent level that could trigger a reaction across global financial markets.
Family and friends lend out about $89 billion in cash each year. More than a third of that total is used to help finance a new business while 6% of first-time home buyers get help from (usually) their parents. About a quarter of those loans were never paid back at all and more than 40% were only paid back partially.
The moral here is not to lend more than you can afford to lose. Sort of like....More>>>
Shares of the Japanese messaging and increasingly social media-like company Line Corp.(NYSE:LN)took a hit today, falling nearly 12% at one point today, even though the company reported a strong rise in sales for its first quarter and positive results from its new features.
For the the first-quarter results announced today, Line revenue increased more....More>>>
U.S. Treasuries suffered their worst month since 2009 as investors fret President-elect Donald Trump’s policies will spell bad news for debt investors and also brace for hikes in short-term interest rates by the Federal Reserve.
The SPDR Bloomberg Barclays Aggregate Bond fund, which tracks the broad bond market, has dropped 2.7% this month in its worst monthly performance since the....More>>>
We have been waiting for an attractive entry point to buy Fabrinet (NYSE:FN) for a couple of months now as the stock has continued its impressive climb upwards. And, after the stock’s recent sell-off over the past few weeks, we believe that now is a great time to buy.
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Brief Company Overview
Fabrinet is a high-tech contract manufacturer for some of the....More>>>
Eight men now control as much wealth as the world’s poorest 3.6 billion people, according to a new report from Oxfam International.
The men — Bill Gates, Warren Buffett, Carlos Slim, Jeff Bezos, Mark Zuckerberg, Amancio Ortega, Larry Ellison and Michael Bloomberg — are collectively worth $426 billion, the anti-poverty group said on Sunday.
1. Inauguration Day: On Friday, Donald Trump will be sworn in as the 45th president of the United States.
Since his election, Trump has shown an uncanny ability to move markets. Bullish investors, girded by his pro-business rhetoric, have pushed the Dow closer and closer to 20,000 points. But the Republican has also introduced a degree of uncertainty. Trump has made a habit of targeting....More>>>
Tesla (TSLA) is rising Monday, thanks to a bullish note from Piper Jaffray.
Analyst Alexander Potter and his team boosted their rating on the car maker from Neutral to Overweight, and increasing their price target from $223 to $368. He writes that the call comes after driving a Tesla for seven months and meeting with the company last week.
Related CLF Mid-Day Market Update: FedEx Surges On Earnings Beat; Guess? Shares Drop Nomura Downgrades Vale, BHP Billiton From Buy To Neutral The Vetr community has upgraded $CLF to 4-Stars. (Vetr) Related SID Mid-Day Market Update: FedEx Surges On Earnings Beat; Guess? Shares Drop Brazilian....More>>>
To blockchain developers and cryptocurrency watchers, the entire system has a mind of its own and is one step ahead of the market, at least two steps ahead of regulators. It's lack of physical roots make it nearly impossible to control. China tried. (Shutterstock)
New Uber CEO Dara Khosrowshahi's first day at the company will be Tuesday, Sept. 4, 2017, and he's not wasting any time preparing for the Uber IPO. In fact, he wants Uber to go public between 2019 and 2021.
This is much clearer than former Uber CEO Travis Kalanick's time