Millennial homebuyers struggle the most, according to new data
If you’re a millennial looking to buy a home, put on your boxing gloves: The market is competitive. August housing sales fell to a 2017 low, dropping 3.4% from July’s numbers, according to the US Census Bureau. But while there are fewer homes on the market, there are more people looking to buy. This means the […]
7 ways to make extra holiday cash
Ready to start tackling your holiday gift list? Join the shopping frenzy—this year, holiday retail sales are expected to top $1 trillion, according to estimates by Deloitte. “People are feeling pretty good about things, incomes are rising, people have jobs, they’re in the spirit to spend and they’re going to spend,” said Vera Gibbons, a […]
How to meet your money goals by the end of the year
You may have made a financial resolution for 2017—but did you keep it? Thirty-six percent of Americans made a financial resolution this year, according to Fidelity. The most popular resolutions? Save more, pay off debt and spend less overall. As the year comes to a close, it’s common for our resolutions to fall by the wayside. […]
Viacom, Charter agree to extend renewal deadline: source
(Reuters) – Viacom Inc and Charter Communications Inc agreed on a short-term extension of their renewal deadline, a source familiar with the matter said, as the companies aim to avoid the immediate blackout of Viacom networks. If no deal is reached, 16.6 million subscribers of Charter’s Spectrum service will lose Viacom’s networks, which include Comedy […]
Gold eases on firm dollar, stronger equities
By Apeksha Nair REUTERS – Gold slipped on Monday on a firmer dollar and stronger Asian equities, but stayed above the key psychological level of $1,300. The metal gained about 0.9 percent on Friday after U.S. President Donald Trump warned he might ultimately end a 2015 nuclear agreement with Iran and after data showed underlying […]
Wall Street week ahead: The Senate takes on Trump’s tax plan. Plus, a big week for earnings
There’s an interesting debate going on in the markets now: Has this year’s rally in stocks been all about tax reform and the rest of the Trump trade, or is something bigger at work? The market is up big this year, so it’s worthwhile to know whether the wind is at investors’ backs or if […]
Busy IPO Season Beckons for Cairo as Reforms Seen Bearing Fruit
At least six Egypt companies plan to list by end of next year Franklin Templeton says state company IPOs would boost market Egypt’s stock market is shaping up to be the Middle East’s hot spot for initial public offerings next year. At least six companies plan IPOs by the end of 2018, following two sales […]
All the money milestones to hit in every decade of your life
Experts say this is the ideal retirement savings timeline. Planning how much to save for retirement, let alone actually putting away the money, can be overwhelming. Knowing is half the battle, but it can be difficult to wade through all the advice out there and get a clear answer to the question, am I where I […]
JD.com shares are a better deal than Alibaba’s: Barron’s
NEW YORK (Reuters) – Shares of China’s No.2 e-commerce firm JD.com <JD.O> are a better deal for investors than Alibaba Group’s <BABA.N> stock and could rise 30 percent or more over the next year, Barron’s said on Sunday. JD.com’s shares have underperformed Alibaba’s since the beginning of August due to misplaced concerns, and JD.com stands […]
Exclusive: T-Mobile, Sprint aim to announce merger without asset divestitures – sources
By Liana B. Baker and Anjali Athavaley (Reuters) – T-Mobile U.S. Inc and Sprint Corp plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost synergies as they can before regulators ask for concessions, according to people familiar with the matter. […]