Weekly Market Review – July 27, 2019
Stock Markets U.S. stocks reached new record highs, spurred by increased corporate earnings results and strong second-quarter GDP numbers. It appears U.S. economic growth slowed in the second quarter thanks to trade and business investment pressures, but consumer spending which has the greatest influence, beat estimates once again, coming in at 4.3%. The solid GDP […]
The student debt crisis has hit black students especially hard. Here’s how
When Democratic presidential candidate Elizabeth Warren earlier this week unveiled the details of her bill to cancel student debt, she stressed how it would deliver significant financial relief to borrowers of color. “The day our bill gets signed into law, that black-white wealth gap would shrink by 25 points,” the Massachusetts senator said. Under the […]
No Matter How Prepared You Are, This 1 Mistake Could Ruin Your Whole Retirement
Planning for retirement isn’t something that can be done overnight — it takes decades of hard work and preparation. For many people, the biggest struggle is saving enough for retirement. One in five Americans has nothing at all saved for retirement, according to a survey from Northwestern Mutual, and money is also the No. 1 […]
Kiplinger’s Personal Finance: The talk before moving in together
Millennials are waiting longer than previous generations to get married, but that doesn’t mean they’re navigating their finances solo. About 30 percent of millennials are married, and about 15 percent of people age 25 to 34 live with an unmarried partner, according to the U.S. Census Bureau. Married or not, for most couples, managing money […]
Personal finance: Consumers lose thousands to fake credit repair scheme
No doubt, it’s tempting to sign up for a “quick fix” to clean up your credit. Who wouldn’t want to instantly find a way to add 100 or more points to a credit score to qualify for a rewards-packed credit card? Or maybe, finally, qualify for a great deal on a car loan? But the […]
Amazon Prime Day error put high-end camera gear on sale for peanuts
Bargain hunters say they picked up thousands of dollars of equipment for under $100. Sometimes during major online sales, too-good-to-be-true deals accidentally make it to storefronts. Often the retailer cancels those orders after realizing the mistake, but sometimes lucky bargain hunters actually receive the goods they found for way below market value. Case in point: […]
Two more unannounced iPads turn up in Apple filings
Apple’s going to have plenty of new tablets to show. Apple may have an abundance of new tablets to show this fall. MySmartPrice has found two new filings for unannounced iPad models at the Eurasian Economic Commission, joining the five new iPad models that popped up earlier in the month. The filings don’t say much […]
RED teases mysterious, compact Komodo camera
It may have a tie-in with Hydrogen phones. RED is countering the tales of its smartphone camera woes with something more exciting… if also cryptic. Company chief Jarred Land has teased an upcoming Komodo camera that doesn’t appear to fit into the company’s usual categories. While the lone image doesn’t show much more than a […]
Jammy’s digital guitar is a futuristic idea let down by today’s tech
The dream of an all-in-one electric guitar experience that fits in a carryon is still just that, a dream. When I was younger I took my acoustic guitar with me wherever I traveled. It’s ridden in the back of a van to the Poconos, taken rides down to the Jersey Shore and even flown to […]
Stocks to Watch: Caterpillar (NYSE:CAT) Shares Gap Down on Disappointing Earnings
Caterpillar Inc. (NYSE:CAT) shares gapped down prior to trading on Thursday following a dissappointing earnings announcement. The stock had previously closed at $132.84, but opened at $131.91. Caterpillar shares last traded at $133.73, with a volume of 2,816,019 shares changing hands. The industrial products company reported $2.83 EPS for the quarter, missing the Thomson Reuters’ […]