News - InvestingPie
Jamie Dimon says he's hoping Trump's trade methods work but fears negative outcomes


When asked what the biggest threats to the economy were, Dimon named the escalating trade dispute between the U.S. and China -- "if the skirmish becomes more of a war" -- and the unwinding of central banks' quantitative easing efforts. The administration is looking at imposing another round of tariffs on $200 billion in Chinese goods. Dimon also said that he told the administration that he and other business leaders disagreed on the tactics, but that President Donald Trump "obviously doesn't agree with us."
" >J.P. Morgan chief executive officer Jamie Dimon said that he fe
[Full Story...]

17 0
Jeff Bezos' parents invested $245,573 in Amazon in 1995 — now they could be worth $30 billion (AMZN)

Stephen Lovekin/Getty Images for Save the Children

 

Jeff Bezos isn't the only astronomically wealthy member of the Bezos family.

In 1995, Bezos was trying to get Amazon off the ground and turned to his mother and stepfather, Jackie and Mike Bezos, for an investment. They complied, investing $245,573 in the company,

At the time, Jeff Bezos warned them there was

Now, as Amazon closes in on becoming the first $1 trillion company, Bezos' parents have become two of the richest people in the world.

According to Bloomberg's calcula
[Full Story...]

20 0
An alarming percentage of divorcees say student loans ended their marriage

fizkes/Shutterstock


Financial problems have long been a but there's a new money factor wrecking marriages that arguably wasn't as prevalent a generation ago:

According to a new report by , 13% of divorced borrowers blamed their student loan debt for the dissolution of their marriage.

This may come as no surprise in an age where student loan debt is — more than 44 million Americans are saddled with student loan debt, contributing to a whopping national total of $1.5 trillion. Not only has the percentage of students taking out student loan
[Full Story...]

18 0
Better Buy: Biogen Inc. vs. Gilead Sciences, Inc.
2018-08-01 07:13 • Yahoo! Market News
Better Buy: Biogen Inc. vs. Gilead Sciences, Inc.

Two of the biggest biotechs on the market are undergoing big changes right now. Biogen Inc. (NASDAQ: BIIB) has expanded beyond multiple sclerosis (MS) into other key neurological indications. Gilead Sciences, Inc. (NASDAQ: GILD) is now a leader in treating cancer through cell therapy after years of focusing first on HIV, and then on hepatitis C. 

Biogen has turned in a better stock performance in recent years, although the two biotech stocks are neck and neck so far in 2018. Which is the better pick for investors now? Here&
[Full Story...]

19 0
McDonald’s MacCoin: 10 Things to Know About the Big Mac 50th Anniversary Promotion

The McDonald’s MacCoin is part of a new promotional event being held by the fast food company to celebrate the Big Mac’s 50th anniversary.

Source:

Here are a few things to know about the promotional event.

The following are the different types of McDonald’s MacCoin that customers will be able to collect during this special promotional event from the fast food chain.

You can to learn more about McDonald’s MacCoin.

More From InvestorPlace

As of this writing, William White did not hold a position in any of the aforementioned securities.

[Full Story...]

18 0
How this 32-year-old 'Shark Tank' reject got her lipsticks on the shelves at Target

When Melissa Butler, 32, took her line of custom-made, vegan lipsticks — in bright colors from pink and red to green and purple — on ABC's "Shark Tank" in 2015 , she was laughed out of the room.

Fellow shark Daymond John added, "You are never going to create anything new in this world. It's lipstick."

Sharks Lori Greiner, Mark Cuban and Robert Herjavec took a more subtle approach, but also declined to invest in Butler's cosmetics company, called The Lip Bar.

Butler was devastated.

But the experience only further ignited her ambition to succeed, Butle
[Full Story...]

16 0
 These 10 companies have recently raised their dividends by at least 10%

The pace of dire warnings in the stock market seems to have picked up lately.

They’ve been stoked by the recent declines in share prices for large tech companies. If you are either looking to make some safer choices or to draw income from your stock investments, the following screen might be a good place to start.

One cannot know when the bull market for stocks that began in March 2009 might end, but the high-profile and high-flying technology sector is certainly under pressure this earnings season. Two of the biggest drags on the sector have been disappointing subscriber gro
[Full Story...]

8 0
 Opinion: In just one week as a public company, Bloom Energy has squandered its credibility

Bloom Energy Corp.’s chief executive sat down with MarketWatch for a phone interview on the day his company’s stock debuted on Wall Street, to answer questions about an initial public offering that this column had openly questioned.

His answers only did more damage.

When asked about the company’s profitability, KR Sridhar told three MarketWatch staffers that Bloom was “a profitable company as of [the second quarter],” and he expected that to continue going forward. When asked in a follow-up question whether he meant profitable in GAAP terms — in accordance with generally acce
[Full Story...]

8 0
 Opinion: Is China’s bear market coming for your retirement?

How worried should retirees be that the Chinese stock market is now in a bear market—having dropped by more than 20%?

It’s an important question because it seems like few others are even paying attention. Wall Street appears to be comforted by the S&P 500 SPX, +0.19%  being up for the year, if modestly. But that’s little solace for retirees whose portfolios are often significantly diversified into non-U.S. stocks.

How unusual is it for a l
[Full Story...]

8 0
 Opinion: Apple earnings show why you can expect more $1,000 iPhones

Apple Inc.’s expensive iPhone X helped the company beat Wall Street’s expectations yet again this quarter, giving credence to the possibility of another higher-priced iPhone this fall.

Apple AAPL, +4.24%  reported better-than-expected fiscal third-quarter results late Tuesday, and the stock is currently trading at record intraday levels in Wednesday’s session, with shares up 4%. But Apple’s revenue beat came from higher prices of iPhones, even as
[Full Story...]

8 0
 Not all older workers are counting the days to retirement — many want to work

The stereotype of retirement where people lounge on a beach somewhere for the rest of their days, is retired.

Older workers aren’t always counting down the days until retirement — many do work, just in different capacities, studies show. The Bureau of Labor Statistics estimates in the next eight years, the groups of workers 65 to 74 years old and 75 and up will have the fastest rates of growth among all ages. For some people, that’s because they simply want to work, while for others, it may be for financial stability.

See: 3 countries that are better for older workers than
[Full Story...]

8 0
Bank of America Freezes Family's Accounts After Demanding Proof of Citizenship

A Kansas couple says they’ve had with the bank since the early 2000s after they ignored a form demanding proof of citizenship from the husband, who happens to be a native of Wichita.

Josh Collins and Jessica Salazar Collins say they assumed the form was a scam, given their long relationship with the bank, but when they showed up at a bank branch, access was denied, with a flag next to Josh’s name saying “citizenship”. The account was unfrozen after he supplied a driver’s license.

Bank of America, which , did not immediately respond to a request for comment by Fortune, b
[Full Story...]

8 0
Why Tandem Diabetes Care Is Rallying by 11.3% Today
2018-08-01 07:11 • Yahoo! Market News
Why Tandem Diabetes Care Is Rallying by 11.3% Today

What happened

After reporting second-quarter financial results and updating its full-year sales forecast, Tandem Diabetes Care (NASDAQ: TNDM) saw its shares soar 11.3% by 3 p.m. EDT.

So what

Tandem Diabetes' second-quarter financial results show that it's continuing to make progress toward profitability. The company reported that a 59% year-over-year increase in insulin pump shipments propelled sales 60% higher to $34.1 million, and that its operating margin improved from -89% in Q2 2017 to -41% in Q2 2018. [Full Story...]

8 0
U.S. plans $113 million 'down payment on a new era' in Indo-Pacific: Pompeo

WASHINGTON (Reuters) - The United States will invest $113 million in technology, energy and infrastructure initiatives in the Indo-Pacific as part of a new strategy to deepen ties with the region, U.S. Secretary of State Mike Pompeo said on Monday ahead of a trip to Singapore, Malaysia and Indonesia.

Pompeo said the United States "will oppose any country" that seeks to dominate the region in what appeared to be a warning to Beijing at a time of increased trade frictions and tensions in the South China Sea.


(Reporting by Lesley Wroughton and Daphne Psaledakis; Editing
[Full Story...]

9 0
Search InvestingPie
Search
Share on Twitter Share on Facebook Share on Google Plus
New comments
Very informative
05-03 04:23 by Liam
The same day Trump spoke with Reynolds
01-29 04:43 by Yavor737347
More from InvestingPie
Advertise with us

Find out our advertising solutions. Our Team will be in touch with you with a program that suits your needs. Please contact us.