• MarketWatch8 hours ago

    Should I sell my $565,000 duplex and invest the money — or continue to collect rent?

    The main question is whether I would get a better return by selling the duplex and investing the money or by keeping the property and collecting rent. What if the rental is vacant for a period of time?

  • MarketWatch7 hours ago

    Wells Fargo auditors could soon deliver another blow to the bank

    Wells Fargo investors have learned a lot about the bank’s worsening issues recently, but they should be watching carefully over the next couple of weeks for possibly more bad news — from the bank’s auditors, KPMG. KPMG must opine on Wells Fargo’s(WFC) internal controls by around March 1, and investors might not like the answer: the very real possibility of an adverse opinion from the auditors identifying material weaknesses in the bank’s controls.

  • Iran Fails To Comply With OPEC Deal
    Oilprice.com22 hours ago

    Iran Fails To Comply With OPEC Deal

    The OPEC Monthly Oil Market Report is out production data for January 2018. All data, unless otherwise noted, is through January 2018 and is in thousand barrels per day. OPEC crude only production has held steady for three months.

  • Amerisource shares jump on Walgreens buyout report
    Associated Press8 hours ago

    Amerisource shares jump on Walgreens buyout report

    Shares of AmerisourceBergen soared Tuesday on reports that Walgreens is pursuing a complete takeover of the huge drug distributor. The Wall Street Journal reported late Monday that Walgreens Boots Alliance Inc. reached out to AmerisourceBergen Corp. about a potential deal several weeks ago. Walgreens already owns about 26 percent of the company, according to data provider FactSet.

  • Stock market will sell off by 30%: MacroMavens president
    Fox Business Videos2 days ago

    Stock market will sell off by 30%: MacroMavens president

    MacroMavens President Stephanie Pomboy discusses her concerns over current economic conditions and the Fed’s impact on the stock market.

  • MarketWatch7 hours ago

    There’s another option when the answer to ‘can I retire’ is ‘not yet’

    You need to estimate health-care expenses, your lifespan, taxes, future investment returns, interest rates and inflation over decades to make an informed retirement decision. Miscalculation in any of these areas can cause drastically divergent retirement outcomes.

  • MarketWatchyesterday

    Former SEC boss says U.S. has become ‘a nation of day traders’

    An ex-chairman of the Securities and Exchange Commission, Harvey Pitt, had a withering take on the current state of the stock market, which has seen average speculators crushed by short-volatility products and speculators gripped by a fervor around blockchain-related assets. Pitt told CNBC during a Friday morning interview that the U.S. has “become a nation of day traders.” The Brooklyn-born, 72-year-old legal professional was the 26th SEC head, serving from 2001 to 2003, during George W. Bush’s first term.

  • Wynn gets no money in termination deal with casino company
    Associated Press2 days ago

    Wynn gets no money in termination deal with casino company

    A termination agreement released Friday between embattled casino mogul Steve Wynn and the company bearing his name leaves him without any severance or compensation and prohibits his involvement in any competing gambling business for two years. As part of the agreement, he also agreed to cooperate with any investigation or lawsuits involving his time with the company, which experts have said are likely to keep mounting. The allegations surfaced last month, when the Wall Street Journal reported that a number of women said Wynn harassed or assaulted them and that one case led to a $7.5 million settlement.

  • MarketWatch5 hours ago

    Cisco turns corner in tough transition to a new era

    Cisco Systems Inc. has turned the corner in a painful transition, with the first quarter of revenue growth since 2016 showing success in the networking giant’s quest to become a subscription-based business. Cisco (CSCO) reported better-than-expected fiscal second-quarter revenue and adjusted earnings Wednesday, excluding the impact of a charge related to the changes in the U.S. tax law, and its shares rose 7% in premarket trading Thursday. Cisco shares jumped to levels not seen since the dot-com boom went bust, and were already up nearly 10% this year, while the Dow Jones Industrial Average (^DJI) , which counts Cisco as a component, is up less than 1% early in 2018.

  • Many people spend their tax refund on this immediately
    MarketWatch7 hours ago

    Many people spend their tax refund on this immediately

    Forget vacations, new wardrobes or money toward a new car — when people get their tax refunds, health care spending rises 60% immediately in the week following, according to a recent study. Health care continues to be the top expenditure with these tax refund payments over the next 100 days, according to the report “Deferred Care: How Tax Refunds Enable Healthcare Spending” by J.P. Morgan Chase Institute. Cash-strapped families are more likely to use the money towards health care — out-of-pocket medical expenses on debit cards increased 83% following a tax refund check, instead of no real change to credit card spending, suggesting the people who needed the money were the ones making the transactions

  • MarketWatch5 hours ago

    People are walking into glass at the new Apple headquarters

    Silicon Valley is known for moving fast and breaking things, but Apple Inc. may want its employees to slow down in order to not break themselves or the company’s new $5 billion headquarters. According to documents and sources, Apple (AAPL) has run into a problem at Apple Park: Because so much of the interior is made from glass — the walls and doors, for example — people are walking into the panes, sometimes painfully. The company famous for its innovative design experienced at least two incidents of men walking into glass and causing injuries serious enough to warrant calls for local emergency services in the early days of its new “spaceship” campus, according to documents MarketWatch obtained via a public-records request.

  • Lighthouse Research's Pigat Sees Reason for Optimism in South Africa
    Bloomberg Video17 hours ago

    Lighthouse Research's Pigat Sees Reason for Optimism in South Africa

    Feb.18 -- Lighthouse Research Founder and Chief Economist Jean-Paul Pigat discusses the future of South Africa's credit rating. He speaks with Bloomberg's Yousef Gamal El-Din and Tracy Alloway on "Bloomberg Markets: Middle East."

  • Visa: Coinbase Was Not Responsible For Overcharging Customers
    Investopediayesterday

    Visa: Coinbase Was Not Responsible For Overcharging Customers

    Payments processor Visa Inc. (V) issued a statement this morning stating that it had reversed numerous erroneous charges made to Coinbase customers accounts. Visa also clarified that it was responsible for the mess-up in customer charges at Coinbase. The cryptocurrency exchange has been criticized after customers complained of increased or duplicate charges to their accounts. (See also: Coinbase Accused Of Overcharging Customers.)  Visa said the duplicate transactions have been reversed and appropriate credits posted to cardholder accounts. “All reversal transactions have now been issued, and should appear on customers’ credit card and debit card accounts within the next few days,” the company

  • MarketWatch8 hours ago

    Forget the stock market’s roller coaster — many Americans struggle with income volatility

    The stock market’s up-and-down ride has grabbed breathless news coverage this month, with the Dow Jones Industrial Average(^DJI)  suffering its biggest one-day drop since 2008 followed by a rebound this week. It’s not an issue that gets a lot of attention in news about the country’s economic health, but it’s common: More than one-third (34%) of households experienced a 25% or more change in income year-to-year between 2014 and 2015, according to an analysis by the Pew Charitable Trusts, a Philadelphia-based think tank. “When we think about how the economy is doing broadly, there are big topline numbers we see, whether it’s GDP or the unemployment rate, that may not explain what’s happening at the household level,” said Clinton Key, a research officer at Pew.

  • Proxy advisory firm ISS says Qualcomm should negotiate sale to Broadcom
    Reutersyesterday

    Proxy advisory firm ISS says Qualcomm should negotiate sale to Broadcom

    Qualcomm has been seeking to walk a fine line between resisting Broadcom's acquisition approach, which it says undervalues it and is fraught with regulatory risks, and demonstrating to shareholders and proxy advisory firms such as ISS that it is willing to engage to secure a better deal if possible. In a report published late on Friday, ISS recommended to Qualcomm shareholders that they vote for four out of the six board director nominees that Broadcom has put forward for election at Qualcomm's shareholder meeting on March 6.

  • 60 Seconds: Here's How Your Paycheck Will Change Thanks to the New Tax Law
    The Streetyesterday

    60 Seconds: Here's How Your Paycheck Will Change Thanks to the New Tax Law

    Thanks to the new tax law there are new lower tax rates - that means there also need to be different withholding rates -- and THAT could that your paycheck is going to change. But give us 60 seconds and you'll tell you why you shouldn't get too excited yet.  The withholding tables tell your employer how much to withhold from your paycheck each pay period so that you pay in enough tax throughout the year. Come February, many of you will have less money withheld and watch your paychecks go up. Or not. So watch our video to see if you are one of the lucky ones. (Fingers crossed for your sake.)  For more 60 second tips, subscribe to our YouTube channel here:

  • MarketWatchyesterday

    Billionaire Charlie Munger says ‘bitcoin is noxious poison’

    Berkshire Hathaway vice chairman rips cryptocurrencies, urges tougher regulationBloombergCharles Munger, vice chairman of Berkshire Hathaway Inc., speaks at an event in 2011.DMAMBMCMDMEMGZGZQZRZSZTZUIt’s safe to say that billionaire Charlie Munger is

  • What Investors Are Dumping Junk Bond ETFs
    Zacks2 days ago

    What Investors Are Dumping Junk Bond ETFs

    Junk bond ETFs have been suffering lately as investors in the United States have been escaping the high-risk segments of the domestic debt markets. Moreover, recent fund flows show the shift in sentiment among investors and how they are adapting to changing

  • Mueller Opposes Manafort Request to Change Bail, Citing Fraud
    Bloomberg2 days ago

    Mueller Opposes Manafort Request to Change Bail, Citing Fraud

    The U.S. special counsel rejected Paul Manafort’s proposed new bail package, in part because of alleged additional criminal conduct that the U.S. has learned since the initial terms were set. Manafort laundered money from overseas to buy houses, cars, clothes, antiques and landscaping services, the U.S. said. The possible new criminal conduct by Manafort “includes a series of bank frauds and bank fraud conspiracies,” Mueller said in a court filing late Friday in a response to a request from Manafort to reconsider his bail conditions.

  • Stock rebound could continue as long as the Fed doesn't spook markets
    CNBC.com2 days ago

    Stock rebound could continue as long as the Fed doesn't spook markets

    Stocks could continue to rebound as long as the bond market doesn't get spooked about the Fed in the week ahead and send interest rates higher. After the best week in five years, the stock market has regained about half the 10 percent it lost in a swift February correction due to rising inflation and fears of higher interest rates. The stock market has become more tolerant of rising bond yields, which contributed to its violent sell-off. The bond market has been the stock market's nemesis, with new signs of inflation in wage data and January CPI driving interest rates higher. Now the markets are waiting to hear what the dozen or so upcoming Fed speakers may have to say about inflation. The fear

  • Buy Stocks That Are Right For You: Cramer's 'Mad Money' Recap
    The Streetyesterday

    Buy Stocks That Are Right For You: Cramer's 'Mad Money' Recap

    Editor's note: This week and next, it's all about the Winter Olympic Games from PyeongChang on CNBC. But Mad Money will be back soon. In the meantime, we're giving TheStreet readers a chance to enjoy some of the best recaps of Cramer's special Mad Money episodes. Jim Cramer says it's extremely important to buy stocks that are exactly right for you and your level of risk tolerance. Is that stock you're about to buy really right for you? That was the question Jim Cramer posed to his Mad Money viewers, as he dedicated the entire show to the notion of suitability -- finding stocks that aren't right just for this week or this month, but are right for you, given your age and temperament. Suitability

  • MarketWatchyesterday

    Chipotle taps marketing-savvy Taco Bell CEO for top job

    Customers should not expect nacho fries to show up at Chipotle Mexican Grill Inc. now that Taco Bell’s former chief Brian Niccol is taking the helm, but they can brace for improved service and more aggressive marketing efforts to bring back lapsed customers. Chipotle (CMG) announced late Tuesday that Niccol would be filling the CEO vacancy, as CEO and founder Steve Ells moves to the executive chairman position. Niccol joined Taco Bell in 2011 and has been CEO since January 2015.

  • A math formula from the 1990s can help investors make smart bets on the exploding ICO market
    Business Insider2 days ago

    A math formula from the 1990s can help investors make smart bets on the exploding ICO market

    The initial coin offering market is off to a red-hot start in 2018, according to new data from Autonomous NEXT. The law, which suggests the value of a telecommunications network is equal to the square of the number of users connected in the system, can be used in three ways to value an ICO's network, according to Steves.

  • Venezuela’s Ex-Oil Chief Sued by Houston Energy Firm Over Bribe Demands
    Bloomberg2 days ago

    Venezuela’s Ex-Oil Chief Sued by Houston Energy Firm Over Bribe Demands

    Former Venezuelan oil minister Rafael Ramirez, already accused of corruption by his own country, now faces a lawsuit from a Houston energy firm alleging that it lost almost half a billion dollars over its refusal to pay bribes for contracts. Harvest Natural Resources Inc. said that because it rebuffed four separate $10 million bribe demands from associates of Ramirez, Venezuela’s power ministry withheld approval for Harvest to sell its energy assets in the South American nation. A Venezuelan public prosecutor said in December, just after Ramirez resigned his post as the nation’s ambassador to the United Nations, that the former head of state-run oil producer Petroleos de Venezuela was linked to a scheme to sell crude illegally.

  • Explaining Saudi Arabia’s Oil Export Strategy
    Oilprice.com2 days ago

    Explaining Saudi Arabia’s Oil Export Strategy

    Saudi Arabia continues to keep the market informed about its stance on the OPEC production cut deal, with Khalid al-Falih's latest guidance that Saudi would prefer to overtighten the market than exit early from cuts (channeling Neil Young's 'it's better to burn out than fade away'). Al-Falih also signaled that the kingdom will continue to keep its crude exports in check next month, holding below 7 million barrels per day. This is no surprise, and will be their stance until at least the Saudi Aramco IPO.