Sears Employees: Get Your Resumes Ready — Your Troubles Are Far From Over
Under Lampert, Sears laid off thousands of workers, sold off properties and became a shell of its former self.
Being Underinvested Is a Risky Proposition for Those Retiring Soon
A recent report more than half of investors between the ages of 50 and 59 are underinvested.
Tesla Cuts 7% of Workforce in Effort to Improve Profitability
Tesla posted a $311 million quarterly profit in October, only its third profitable quarter in eight years as a public ...
Sears Creditors Challenge Hedge Fund Chairman’s Winning Bid
Lampert was the only one to put forth a proposal through an affiliate of ESL to rescue the floundering company ...
Chinese Official Calls Canada’s Arrest of Huawei Exec an Act of ‘Backstabbing’
The arrest of Meng Wanzhou for the U.S. has created a growing diplomatic rift between the two countries.
Daily Stock Market Update — Thursday, Jan. 17
The S&P 500 rose 19 points to 2,635; Dow rose 162 points to 24,370; Nasdaq rose 49 points to 7,084.
Retirees Shouldn’t Be Terrified of a Bear Market
The market typically recovers from bear markets in a far shorter time than most doom and gloomers think
Morgan Stanley: 5 Reasons Recession Risk Highest Since ’08; S&P Will Fall to 24k
Morgan Stanley: It is too late for a dovish Fed to prevent an earnings or economic recession.
China’s Economy Czar Visiting Washington as Trade Talks Heat Up
They are likely to take up more complex U.S. complaints about Chinese policy such as tech theft.
Number of Federal Workers Seeking US Jobless Aid Doubles
The Labor Department says that is double the number of federal workers who sought aid the previous week.
Why Investors Should Be Worried About the Shutdown
JPMorgan's biggest risks: "U.S. government shutdown and signs of additional slowdown outside the U.S."
Vanguard Founder John Bogle Dies at 89
Bogle served as Vanguard's chairman and Chief Executive Officer from its 1974 founding until 1996.
Ocasio-Cortez Gets Powerful House Committee Seat Overseeing Wall Street
The Financial Services Committee has formal responsibility to oversee the Fed and the SEC.
Banks Rally After Strong Earnings, Sending US Stocks Higher
The S&P 500 rose 5 points to 2,616; Dow rose 141 points to 24,207; Nasdaq rose 10 points to 7,034.
Fed Survey: Businesses Worried by Political Uncertainty
Concerns: market volatility, rising interest rates, falling energy prices, elevated trade and political uncertainty.
Nine Lives: UK PM Theresa May Survives Another No-Confidence Vote
The embattled leader now has until Monday to come up with a new Brexit blueprint.
Bipartisan Retirement Legislation Reform on Tap for 2019
Among last year's legislative efforts, the House of Representatives approved the Family Savings Act.
Sears Staves off Liquidation, Stores Will Remain Open
Eddie Lampert, a 56-year-old billionaire, is the only one to put out a bid for the whole company.
Warning Sirens Blare: Shutdown Becoming Catastrophic for US Economy
JPMorgan CEO Jamie Dimon cites research that shows U.S. GDP growth could fall all the way to zero.
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