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  • Two Minute Money: Combating Credit Card Fraud

    Credit card fraud doesn't have to ruin your life. Here are some ways to fight back.

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  • Millennials Could Be Poised to Kill the Bull Market in Stocks
    Business
    The Street2 hours ago

    Millennials Could Be Poised to Kill the Bull Market in Stocks

    "You'll know it's the 'big top' when millennials start buying," Bank of America (BAC)  analyst Michael Hartnett said in a note Friday. Millennial investment is the classic late-cycle signal. Millennials have only 30% of their assets allocated to equities, whereas older age groups have 46%. Once the catch-up begins, the market could be nearing a peak before a downturn, according to Business Insider. The uptick in mobile trading platforms might stir more millennials to invest in equities since they already spend a great deal of time on mobile devices. Most millennial trades skew toward futures and derivatives, TD Ameritrade (AMTD) Director of Trading Victor Jones said. Hartnett said the end of

  • Biden tells Ackman ‘never disrespect’ memory of his dead son
    News
    MarketWatch20 hours ago

    Biden tells Ackman ‘never disrespect’ memory of his dead son

    It has been a rough stretch for Wall Street honcho Bill Ackman. The hedge-fund manager, who runs Pershing Square and boasts a net worth of $1.4 billion, reportedly locked horns with former Vice President Joe Biden at a dinner in Las Vegas last month, according to Fox Business. and the New York Post. Biden—still reeling from the death of his 46-year-old son, Beau Biden, who lost a battle with brain cancer two years ago—cited his son’s death as the central reason that he didn’t make a run for the White House in 2016. According to the reports, Biden grew emotional as he explained his decision to a room of high-profile attendees, concluding with, “I’m sorry. I’ve said enough.” At that moment, Ackman

  • Could Walmart Buy Costco to Take on Amazon? Well ...
    Business
    The Streetyesterday

    Could Walmart Buy Costco to Take on Amazon? Well ...

    I heard a rumor out there that Walmart (WMT) might consider acquiring Costco (COST) to offset the Amazon (AMZN) buyout of Whole Foods (WFM) . Just a rumor. However, even if this turned out to be true, these would not be the same type of deals. First, Costco is near all-time highs, where savvy buyers, of which Walmart is among the savviest, don't buy. Savvy buyers like to buy assets, and everything else, near lows, and sell them near highs. Amazon didn't agree to buy Whole Foods at its all-time high, near $60, in 2013. They waited until no one appreciated the asset, and after a 50% crash, they made their offer. No, Amazon isn't getting Whole Foods at that extreme discount, but they will get it