Boys run past burning tires set up by Iraqi protesters during ongoing anti-government protests in Najaf, Iraq, November 26. Alaa al-Marjani | Reuters The resignation of Iraq’s prime minister helped trigger a drop in oil prices, but analysts say that may not be the right response by investors, as Iraq’s future may have just become
Month: November 2019
jeffbergen | E+ | Getty Images The average American is in poor financial health. Those with credit cards carry more than $5,5000 in debt and, according to the American Psychological Association, 81% of Americans say that money is a significant source of stress in their lives. Despite the struggle, the basics of personal finance are
Warren Buffett Gerard Miller | CNBC Despite having $128 billion to burn, Warren Buffett just backed out of a bidding war after a slightly higher offer topped Berkshire Hathaway’s. If the Oracle of Omaha is that shy to just spend a tad more of his giant cash pile, could that be saying something about the
If you hit the Mega Millions jackpot in Friday night’s drawing, don’t forget that good ol’ Uncle Sam will be hovering with palm out. After more than two months of twice-weekly drawings with no one matching all six numbers — your chance of doing so is 1 in about 302 million — the top prize
When Sam Dogen, creator of the popular Financial Samurai blog, first stepped away from the job at 34, he imagined he had finished his days as a working stiff. He built passive income streams that would fund much of his life and he had received a nice severance from his day-job in order to make
Share to facebook Share to twitter Share to linkedin Living Room Juan Trujillo There is a sprawling full-floor condo/co-op available in the coveted 820 Fifth Avenue building that hasn’t been on the market for over sixty years. Residences in this 12-unit building are hardly ever for sale and even when they are getting past the
A burgeoning economic, political and military power, China is also aiming to lay down a marker on the renewable energy sector. Take offshore wind energy. According to the International Energy Agency (IEA), China added 1.6 gigawatts (GW) of capacity in 2018. To put things in perspective, the U.K., Belgium, Germany, Denmark and the Netherlands combined
European markets are set to open lower on Friday amid strained relations between the U.S. and China over protests in Hong Kong. The U.K.’s FTSE 100 index is seen falling 15 points to 7,396, Germany’s DAX down 21 points to 13,219 and France’s CAC off by 4 points at 5,905, according to IG data. Sentiment
The GrubHub website on an iPhone. Andrew Harrer | Bloomberg | Getty Images While investors in struggling companies occasionally benefit from a buyout that juices the stock, Raymond James said that shareholders of floundering internet stocks should not hold out hope given a variety of factors pressuring the sector. “In most sectors, public companies that
Hero Images | Getty Images No one is born knowing how to handle money. Smart money management has to be taught. Guess whose job that is? That’s right: parents. Yet teaching their kids about money is something most parents dread. Instead, they’d rather go to the dentist (39%), talk about sex (36%) or pay a
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