Stocks recover amid Europe uncertainty
NEW YORK (CNNMoney) — U.S. stocks recovered Monday afternoon from modest losses earlier in the day as investors considered the implications of leadership changes in France and Greece. With less than two hours remaining in the trading day, the Dow Jones industrial average (INDU) was up 5 points, while the S&P 500 (SPX) added 4 [...]
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Investors predict the market will drop, but not yet
FORTUNE — Is the market too calm? Despite some recent bumps, shares have mostly raced up this year, and investors seem to be getting less and less worried about risking their money in stocks. The VIX (VIX), which is sometimes called the fear index because it tracks how many people are buying insurance against a [...]
Read MoreFederal Reserve sees economy improving
NEW YORK (CNNMoney) — The Federal Reserve believes the economy is improving, but not enough to warrant a change in its stimulative policies just yet. The 17 members of the Federal Open Market Committee revised their economic forecasts Wednesday, predicting the unemployment rate will fall to between 7.8% and 8% by the end of the [...]
Read MoreApple literally does rule the world
NEW YORK (CNNMoney) — If you are waiting for the Apple “bubble” to pop, you might be doing so for a very long time. Apple defied the skeptics Tuesday, blowing away earnings and sales forecasts. Shares of Apple surged 9% Wednesday and are now back to within about 5% of their all-time high. I think the [...]
Read MoreBest deals on stocks & bonds
(Money Magazine) — It’s getting tough to find a bargain these days and the stock market isn’t cheap. But there’s value to be found in the markets, if you tilt your game plan toward equities. To assess the relative value of stocks and bonds, experts look at the earnings yield on stocks (that is, earnings [...]
Read MoreWhat’s next for LivingSocial
The daily deals firm thought it’d be pulling in $1 billion a year by now. The truth is far different. Here’s what management is banking on now. Few remember LivingSocial as anything but a deals site. But when CEO Tim O’Shaughnessy co-founded it with three colleagues from Revolution Health four years ago, deals were [...]
Read MoreApple: We didn’t stifle e-book rivals
NEW YORK (CNNMoney) — Apple has responded to an antitrust lawsuit from the U.S. Department of Justice, saying it fostered, not quelled, competition in the electronic publishing industry. “The DOJ’s accusation of collusion against Apple is simply not true,” said Apple spokesman Tom Neumayr in a statement to CNN on Thursday. “The launch of the [...]
Read MoreWhy gas prices may have peaked
NEW YORK (CNNMoney) — After one of the fastest and steepest runups in recent memory, it’s possible gasoline prices may have peaked. Retail gas prices fell more than half a cent Friday to a nationwide average just above $3.90 a gallon, according to AAA, continuing a decline started late last week that has shaved almost 4 cents [...]
Read MoreBest investments at ages 35 to 44
(MONEY Magazine) — When it comes to putting together a retirement portfolio, you need to think like an athlete running a marathon. The race isn’t always easy. No doubt you’ll experience periods in which the market puts you to the test, whether in the form of raging bears like those of 2000 and 2008 or [...]
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