Industry News

03/10/2018 - Market Extra: Is this bull market really 9 years old?
The bull market’s ninth birthday is being celebrated Friday, but is it really that old? It depends who is doing the counting.
03/10/2018 - The Moneyist: I paid my boyfriend’s rent and bills to improve his credit score — then he bought a house without telling me
This New Jersey woman wonders whether her partner is using her for a mortgage.
03/10/2018 - In One Chart: How biased is your news source? You probably won’t agree with this chart
Are we even aware of our biases anymore? If you look at this chart and are convinced your “extreme” source belongs in the middle, you just might be part of the problem plaguing America today.
03/10/2018 - ‘A Wrinkle in Time’ hopes to ride diversity trends to ‘Black Panther’-like success
“A Wrinkle in Time,” the next big-budget Disney blockbuster — this one directed by acclaimed filmmaker Ava DuVernay — heads to theaters this weekend amid a fervor for inclusion and representation in Hollywood.
03/10/2018 - Cigna’s $67 billion acquisition of Express Scripts will change the way drug prices get calculated
The deal marks a major shift in the health-care industry.
03/10/2018 - Market Extra: Why Goldman investors could be happy when Lloyd Blankfein leaves
Based on the only thing that matters to Goldman Sachs investors–the relative performance of the stock–they should be happy if CEO Lloyd Blankfein steps down.
03/10/2018 - The Ratings Game: If Tesla’s stock rises... sell, analyst says
A expected rally in Tesla’s stock, with the company poised to successfully overcome Model 3 production bottlenecks, offers investors a chance to exit positions, said Morgan Stanley analyst Adam Jonas.
03/10/2018 - Called to Account: How tax and accounting changes obscured a strong quarter for earnings
The tax bill signed into law in December introduced a new layer of confusion to the usual muddle of GAAP and non-GAAP numbers, or those prepared under Generally Accepted Accounting Principles and those that adjust for one-time items.
03/10/2018 - Barron's: No bargains left? These stocks look cheap and enjoy a ‘healthy’ backdrop
Is one corner of Europe—Portugal—offering a good deal? Yes, say the bulls, as they emphasize that Portugese stocks are benefiting from a greatly improved economic backdrop.
03/10/2018 - Opioid overdoses soar by 30% in one year
Emergency department visits for opioid overdoses jumped from July 2016 to September 2017.
03/10/2018 - Nearly 100,000 members of Generation Z own a home (they’re 23 and younger)
Their average mortgage balance is $140,000.
03/10/2018 - Read this before signing a ‘hush agreement’
Signing a nondisclosure agreement — and breaking it — can have serious financial consequences.
03/10/2018 - When rich ‘bros’ like Martin Shkreli get sent to prison, they call these wise guys first
What a ‘prison coach’ would tell white-collar criminals.
03/10/2018 - The Moneyist: I lived in fear of rogue advisers and dementia — but I changed my financial plan, my medication and my life
This woman’s mother was targeted by financial predators, but she’s determined the same thing won’t happen to her.
03/09/2018 - AT&T drops political bias defense in Time Warner deal suit
AT&T indicated Friday that it no longer intends to make allegations of political bias as part of its defense against the Justice Department's lawsuit to block its purchase of Time Warner, CNN's parent company.
03/09/2018 - Facebook to publishers: We are your friend. Really.
Facebook really wants to gain the trust of publishers after a contentious year of fake news and algorithm changes, as well as concerns the giant social network is squeezing out news sites.
03/09/2018 - Elon Musk overhauls Boring Company concept to focus on mass transit
Remember Elon Musk's plan to dig a massive web of traffic-beating tunnels underneath Los Angeles?
03/09/2018 - CryptoWatch: Bitcoin rout continues, records 5th consecutive losing day
Bitcoin prices continued to drop on Friday, as bloodbath in No. 1 digital currency persists.
03/09/2018 - Martin Shkreli sentenced to 7 years in prison for fraud
Martin Shkreli was sentenced to seven years in prison on Friday for defrauding investors out of more than $10 million.
03/09/2018 - Market Extra: The other assets that are in a bull market along with U.S. stocks
U.S. stocks are not the only asset currently in a bull market. European, Japanese equities are also enjoying rising prices.