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Report: Rams' stadium, development costs approaching $5 billion

On Tuesday, ESPN reporter Seth Wickersham tweeted that team owners were set to vote to increase the debt limit for the Los Angeles Rams’ new stadium in Inglewood to almost $5 billion.

  • The Latest GE Stock Decline Could Provide Another Buying Opportunity
    Business
    Motley Fool

    The Latest GE Stock Decline Could Provide Another Buying Opportunity

    Having already plunged about 60% since the beginning of 2017, General Electric (NYSE: GE) stock began moving lower again last week after the company disclosed oxidation issues for its next-generation gas turbines. Obviously, it's unfortunate that General Electric will have to incur extra costs to fix the affected turbines and redesign components to improve their durability. As a result, if GE stock continues to plumb new lows, it could create an attractive buying opportunity for long-term investors.

  • BANK OF AMERICA: The most important segment of the housing market has peaked
    Finance
    Business Insider

    BANK OF AMERICA: The most important segment of the housing market has peaked

    The top is in for existing-home sales, which make up 90% of transactions in the US, according to economists at Bank of America Merrill Lynch. The largest segment of the housing market has peaked and will no longer contribute to the US economy's growth, according to US economists at Bank of America Merrill Lynch. "We are calling it," the team led by Michelle Meyer said in a research note on Friday.

  • 3 Marijuana Stocks to Absolutely Not Buy Right Now
    Business
    Motley Fool

    3 Marijuana Stocks to Absolutely Not Buy Right Now

    Following a roughly six-month lull, investors can't seem to get enough of marijuana stocks, as evidenced by the more than tripling in the North American Marijuana Index over the trailing year. The reason for this bullishness is most clearly related to the imminent legalization of recreational marijuana in Canada, which is set to occur on Oct. 17, 2018. This could very well be the case with a handful of marijuana stocks.

  • Why Geron Corporation Stock Is Bolting Higher Today
    Business
    Motley Fool

    Why Geron Corporation Stock Is Bolting Higher Today

    Shares of the clinical-stage biotech Geron Corporation (NASDAQ: GERN) rose by as much as 12.19% in early-morning trading today on heavier-than-normal volume. The decision, if positive, could result in a massive short squeeze in Geron's stock. Fortunately, bulls and bears alike don't have long to wait to find out J&J's final decision.

  • Here's how much money people in their 50s have in their 401(k)s
    Business
    CNBC

    Here's how much money people in their 50s have in their 401(k)s

    Is the average fifty-something with a retirement account on track? As of the second quarter of 2018, Americans between 50 and 59 years old with a 401(k) had an average balance of $174,200 and were contributing 10 percent of their paychecks. Fidelity reports that Americans aged 50 to 59 are saving more in their 401(k)s than they were five years ago: In 2013, they had an average balance of $128,900.

  • Micron Hides Another Key Metric From Investors
    Business
    Motley Fool

    Micron Hides Another Key Metric From Investors

    Just as the booming market for memory chips begins to cool off, Micron Technology (NASDAQ: MU) is making it harder for investors to understand its results. During the company's earnings call earlier this month, CFO David Zinsner announced that the memory chip manufacturer would no longer disclose gross margins for its DRAM and NAND product categories. This isn't the first time Micron has become tight-lipped about a key metric.

  • Why Snapchat Is Teaming Up With Amazon
    Business
    Bloomberg Video

    Why Snapchat Is Teaming Up With Amazon

    Sep.24 -- Snapchat is teaming up with Amazon.com Inc. to let users of its social-media app buy products based on what they see through their smartphone’s camera lenses. Bloomberg's Sarah Frier and Brad Stone have more on "Bloomberg Technology."

  • Why Novavax Inc. Is Surging 14.4% Higher Today
    Business
    Motley Fool

    Why Novavax Inc. Is Surging 14.4% Higher Today

    After a Wall Street analyst upgraded Novavax Inc. (NASDAQ: NVAX) from underperform to outperform on Friday, shares in the company are rallying 14.4% at 3:30 p.m. EDT on Monday. JPMorgan's about-face on Novavax shares is due to increasing confidence that the company's ResVax vaccine for respiratory syncytial virus (RSV) can hit its mark in late-stage studies due to wrap up next year. If the data next year is good enough to support an FDA submission for approval and the FDA eventually signs off on ResVax, it would be a needle-moving event for the company.

  • Business
    TheStreet.com

    Legendary Technician Gives Her View of the Current Market

    Louise Yamada is a Wall Street legend. As one of the first female technicians, she called the Enron and Tyco debacles before they happened and knew someone was selling the financials as early as 2007. Listen to her now explain the current state to the

  • How Brett Kavanaugh's Second Accuser Just Raised the Stakes for Everyone
    Politics
    Time

    How Brett Kavanaugh's Second Accuser Just Raised the Stakes for Everyone

    If Americans thought the stakes couldn’t get any higher than a woman coming forward to accuse a Supreme Court nominee of sexual assault while he was in high school, they have been proven wrong. After The New Yorker published a new allegation Sunday night — a new woman, Deborah Ramirez, claims nominee Brett Kavanaugh exposed himself to her while she was drunk at a party during college — the confirmation fight reached a new fever pitch, leaving both political parties, all three branches of government and the American people with no good options. The White House is sticking by Kavanaugh, who has denied both allegations.

  • 3 Stocks That Are Absurdly Cheap Right Now
    Business
    Motley Fool

    3 Stocks That Are Absurdly Cheap Right Now

    Read on to learn what they had to say about JD.com (NASDAQ: JD), Apache Corporation (NYSE: APA), and Baidu (NASDAQ: BIDU). Steve Symington (JD.com): Down 37% so far in 2018 and trading at just 0.6 times trailing-12-month revenue, shares of Chinese e-commerce leader JD.com have been absolutely hammered by a combination of U.S.-China trade tensions and -- much more troubling -- the arrest late last month of its founding CEO, Richard Liu, on an allegation of sexual assault in Minneapolis. To be clear, I would be uncomfortable buying JD.com stock if I don't believe in the morals of its executive leadership.

  • Big Highs Won't Last for New Age Beverage Stock
    Business
    Motley Fool

    Big Highs Won't Last for New Age Beverage Stock

    Shares of New Age Beverages hit an all-time high of $9.99 shortly after Friday's open, only to close sharply lower. New Age Beverages soared on the potential of CBD as a beverage additive, but there are a couple of things to consider. Investors will want to size up what New Age Beverages is all about, and that involves a sobering look at last year's heady top-line growth. Revenue doubled in 2017, but that wasn't organic growth.

  • The startling amount of money millennial men say they need to earn to be happy
    Business
    CNBC

    The startling amount of money millennial men say they need to earn to be happy

    In order to be happy, millennial men, defined here as those aged 21 to 37, say they need to earn an average of at least $118,000 per year, according TD Ameritrade's recent "Millennials and Work" survey. In 2016, millennial women said they needed an average of $48,500.

  • Here's How Much the Average American Household Has in a Savings Account
    Business
    Motley Fool

    Here's How Much the Average American Household Has in a Savings Account

    In fact, earlier this year, I reported that 40% of U.S. adults don't have enough savings to cover a mere $400 emergency. Case in point: The average household's savings account balance is $16,420. Given the number of U.S. adults who couldn't come up with $400 at a moment's notice, it's encouraging to see that the average savings account balance is upward of $16,000.

  • Finance
    Investopedia

    AMD Could Triple Market Share on Intel Issues

    Analyst Mark Lipacis, who rates the Santa Clara-based semiconductor manufacturer at buy, attributed his upbeat outlook on Intel Corp.'s ( INTC) struggle to ramp up production for its next-generation 10-nanometer processor.

  • 3 Small-Cap Marijuana Stocks That Could Be Humongous Winners
    Business
    Motley Fool

    3 Small-Cap Marijuana Stocks That Could Be Humongous Winners

    You've probably seen the incredible gains racked up by some of the largest Canadian marijuana stocks in recent weeks. The market caps of several of these stocks are now so great that even investors with the most optimistic views about the prospects for the cannabis industry are leery of buying.

  • SO and PPL: Which Utility Could See Higher Dividend Growth?
    Business
    Market Realist

    SO and PPL: Which Utility Could See Higher Dividend Growth?

    SO and PPL: How These Top-Yielding Utilities Stack Up (Continued from Prior Part) Expected dividend growth Southern Company (SO), the second-largest regulated utility, is expected to grow its EPS by 4%–6% per year for the next few years. Wall Street

  • The first and only cannabis ETF listed in the U.S.
    Business
    Yahoo Finance Video

    The first and only cannabis ETF listed in the U.S.

    The ETFMG Alternative Harvest ETF, trading under the ticker MJ, is the first and only cannabis ETF listed in the U.S. Since inception in December, MJ is having a roller coast run, especially with the recent volatility around Canopy and Tilray, which are among MJ’s top holdings.

  • Best Oil Stocks to Buy Now
    Business
    Motley Fool

    Best Oil Stocks to Buy Now

    Oil stocks offer investors the chance to profit from global economic growth, and that might have you wondering what oil stocks are best for your portfolio today. Read on to learn why oil stocks are worth owning and what makes ExxonMobil (NYSE: XOM), Hess Corp. (NYSE: HES), and Core Labs (NYSE: CLB) particularly compelling stocks to buy.

  • 3 Top Biotech Stocks to Buy Right Now
    Business
    Motley Fool

    3 Top Biotech Stocks to Buy Right Now

    Biotech stocks sometimes have a stigma of being highly speculative and highly risky. Here's why they chose Celgene (NASDAQ: CELG), Exelixis (NASDAQ: EXEL), and Gilead Sciences (NASDAQ: GILD) as their top picks to buy right now. Brian Feroldi (Celgene): Would you believe that a publicly traded company exists today that is expected to grow its profits by 19% annually over the next five years and yet only trades for eight times forward earnings?

  • Business
    The Wall Street Journal

    The Case for Revamping 401(k)s

    Over the next five years, the federal government will provide subsidies in excess of $1 trillion for retirement saving, according to estimates from the Joint Committee on Taxation. The bulk of these subsidies will be delivered through defined-contribution accounts, such as 401(k)s and IRAs, that lower savers’ tax bills if they sock money away for retirement. While retirement security is indeed an important policy goal, the way we subsidize such saving is ineffective, regressive and in pressing need of reform.

  • Why Seabridge Gold, Inc.’s Stock Is Surging Today
    Business
    Motley Fool

    Why Seabridge Gold, Inc.’s Stock Is Surging Today

    Shares of Seabridge Gold Inc. (NYSE: SA) rose more than 14% by 10:30 a.m. EDT on Monday after the gold exploration company updated investors on a key development program. Seabridge Gold stated that the summer program at its 100%-owned KSM project in British Columbia met its objectives despite some early delays due to the weather and the impact that fires in the region had on equipment and labor availability.

  • Why Tilray's Plunge Continued Today
    Business
    Motley Fool

    Why Tilray's Plunge Continued Today

    Shares of Tilray, Inc. (NASDAQ: TLRY) were 16.2% lower as of 3:13 p.m. EDT Monday. The Canadian marijuana stock soared in recent weeks, fueled in large part by what appears to have been a short squeeze.

  • Better Marijuana Stock: Canopy Growth Corporation vs. Auxly Cannabis Group Inc.
    Business
    Motley Fool

    Better Marijuana Stock: Canopy Growth Corporation vs. Auxly Cannabis Group Inc.

    If this were a boxing match, Canopy Growth Corporation (NYSE: CGC) and Auxly Cannabis Group Inc. (NASDAQOTH: CBWTF) probably wouldn't be allowed to fight in the same ring. Canopy Growth would definitely be a heavyweight, with a market cap of more than $11.5 billion. Which is the better marijuana stock right now?

  • Forget General Electric, These 2 Stocks Are Better Values
    Business
    Motley Fool

    Forget General Electric, These 2 Stocks Are Better Values

    General Electric Company (NYSE: GE) is undoubtedly attractive to value-based investors. Back in June I looked at General Electric and Eaton stocks from a dividend investor's perspective and concluded that the latter was a better buy.