Though many American industries have ramped up hiring in recent years amid a strong economy and easier regulations under President Donald Trump, one sector in particular has lagged the rest: retail. Since January 2017, retail has lost more than 140,000 jobs; the sector added to that in March 2019 with a loss of more than
People with student debt may soon have another way to pay their monthly bills. What’s unclear is how much of a help that new method will be. The House Ways and Means Committee earlier this month unanimously passed the Secure Act, which would expand 529 accounts to cover costs beyond college to those associated with
. (AP Photo/Anupam Nath) ASSOCIATED PRESS The Indian elections haven’t been held yet. But foreign money has been pouring into Indian equities, giving Prime Minister Narendra Modi a vote of confidence. The SENSEX, which has outperformed S&P 500 in the last five years , increased 2510 points or 6.92% since the beginning of 2019, reaching
Share to facebook Share to twitter Share to linkedin Photocredit: © 2019 Bloomberg Finance LP © 2019 Bloomberg Finance LP The uptrend in the S&P is likely to persist through the week. Here are a long and a short recommendation. FedEx has been staging a recovery rally since its late November top. The weekly cycle
WASHINGTON, DC – MARCH 31: The Michigan State Spartans celebrate winning the East Regional game of the 2019 NCAA Men’s Basketball Tournament against the Duke Blue Devils at Capital One Arena on March 29, 2019 in Washington, DC. (Photo by Mitchell Layton/Getty Images) Getty With athletic phenomenon Zion Williamson and his star-studded Duke Blue Devils
President Donald Trump’s decision not to follow through with a shutdown of the Mexican border comes as a big relief for U.S. automakers, especially considering the industry is already struggling with the administration’s tariffs on imported aluminum and steel and a slowdown in U.S. sales. Nearly every major automaker saw sales fall in March and
Herman Cain addressed President Donald Trump’s recent announcement that he wants the former pizza chain CEO and Kansas City Fed chairman to join the Federal Reserve Board. In video posted on Facebook, Cain said that a background check would be “more cumbersome” in his case because he has had an “unusual career.” “They have to
An interview with billionaire and CEO of Berkshire Hathaway, Warren Buffett. In this interview, Warren discuses the 2008 financial crash and his memories from it. Warren also talks about the next potential financial crisis and if the US is prepared. ? Books about Warren Buffett and his favourite books are located at the bottom of
In the U.S., there is a three-digit number that helps determine how much you pay for credit, which can affect virtually all expenses in your life. It’s called a credit score, and it’s totally unique to you. Many U.S. lenders use one type of credit score called the “FICO score.” FICO — or Fair Isaac
When it comes to making plays, NFL linebacker Brandon Copeland is no stranger to risky moves. Since graduating from the University of Pennsylvania in 2013, Copeland has gained notoriety with the Detroit Lions and the New York Jets, where he recently re-signed for the upcoming season. Off the field, he plays it very safe. “I
Today I’m discussing three little-known growth stocks that I consider to be hot buys at current prices. A Genuine V(I)P I’m not going to pretend that VP doesn’t carry some degree of risk. The rental equipment provider sources the lion’s share of its profits from the UK, of course, and therefore is in danger of
Here’s something you may not know about closed-end funds (CEFs): they can give you a much lower tax bill than if you buy and sell stocks yourself. And if you follow the first-level strategy most folks do and invest through an index fund like the SPDR S&P 500 ETF (SPY), you’re almost certainly paying more
Young woman practicing basketball near the Venice beach in Los Angeles, California. She is having a great time, slamming the ball in the sunset hours. Getty He drives… He shoots… He scores! Here’s a question for you if you watch basketball on even a semi-consistent basis. How many times have you heard those three lines
The March employment report was good enough to dim worries about a recession and not rattle the Federal Reserve, CNBC’s Jim Cramer said Friday. “The Labor Department’s nonfarm payrolls report gave you some goldilocks numbers, alright, with just the right amount of job growth and just the right amount of wage inflation, meaning robust and
The worst earnings season in nearly three years is about to begin, but stock strategists say the market should be able to look right past declining profits and continue to reach for all-time highs, as long as trade talks between the U.S. and China continue to show progress. Stocks were higher in the past week,
Burlington Stores could be the next retailer to rebound, CNBC’s Jim Cramer said Friday. The stock was crushed, plunging 16%, after a rare sales miss in its most recent earnings results. Cramer pointed out that the March report marked the first time in 24-consecutive quarters that same-store-sales growth did not meet estimates. “I think you
Sections of a Chinese interview with billionaire investor and vice chairman of Berkshire Hathaway, Charlie Munger. In this interview Charlie discusses his investment philosophy and value investing. Charlie also talks about the Chinese securities market and the opportunities in China (Transcript of interview, however it is in Mandarin:http://bit.ly/CMTranscript). ? Books about Charlie Munger and his
About half of American households over the age of 55 have nothing saved for retirement. Those were the findings in a new report from the U.S. Government Accountability Office. In all, 48 percent of those individuals have no savings in a workplace retirement plan or in an IRA as of 2016, the GAO found. The
Across the country there are more drivers on the road, and many of them hanging on to their vehicles longer than ever. That means workers like Michael Gerhart are in demand. Gerhart, a master auto technician at Pep Boys, has been fixing cars for nearly three decades, keeping on top of his skills as technology
Filipinos are happier than Chinese. That’s according to the recently published 2019 World Happiness Report, which ranks Philippines in the 69th position, and China in the 93trd position. The World Happiness Report ranks 156 countries by combining quantitative data, such as per capita GDP growth; and qualitative data, such as social support, freedom to make life choices, and perceptions of corruption. Philippines’s climb in the