Americans think 22 is the ideal age to get a credit card—but money experts disagree

Americans think 22 is the ideal age to get a credit card—but money experts disagree

The right age to apply for your first credit card is whenever you can handle it responsibly. Many Americans think that age is 22. But according to a recent survey from financial website Bankrate, which polled 10 certified financial planners from different parts of the country, that’s actually not soon enough: 19 is a smarter age at which to start building your credit history. “I think 22 is a little late,” Dana Twight, a certified…

Read More

California GOP House candidate Kim takes slight lead over Democrat Cisneros in crucial CA race

California GOP House candidate Kim takes slight lead over Democrat Cisneros in crucial CA race

A fresh poll in a closely watched congressional race in Southern California shows Republican Young Kim with a slight lead despite having been outspent nearly 5 to 1 by her challenger, Democrat Gil Cisneros. A former state lawmaker, Kim is competing against Navy veteran and philanthropist Cisneros to fill the seat being vacated by retiring Rep. Ed Royce, a 13-term Republican from California‘s 39th Congressional District. Prior to serving one term in the state Assembly,…

Read More

‘The whole world economy’ is at risk if US-China trade war gets much worse, SocGen chair

‘The whole world economy’ is at risk if US-China trade war gets much worse, SocGen chair

Financial market participants are not paying enough attention to the escalating U.S.-China trade war, Societe Generale Chairman Lorenzo Bini Smaghi told CNBC on Friday. “I don’t think a trade war is very good, said Bini Smaghi, an Italian economist and former European Central Bank board member. He acknowledged there is a need to “put pressure on China to liberalize.” However, the world’s two largest economies need to find a way to resolve their trade dispute…

Read More

Stocks making the biggest move premarket: MU, MCD, T, TXN, WMT & more

Stocks making the biggest move premarket: MU, MCD, T, TXN, WMT & more

Check out the companies making headlines before the bell: Micron Technology– Micron reported adjusted quarterly profit of $3.53 per share, beating the consensus estimate of $3.34 a share. The chipmaker’s revenue also topped forecasts, however the stock erased an initial gain after company executives said U.S. tariffs on China goods would impact its financial results for as much as one year. McDonald’s – McDonald’s increased its quarterly dividend to $1.16 per share from $1.01, a…

Read More

UBS upgrades AT&T to buy: ‘The stock is trading near all-time low valuations’

UBS upgrades AT&T to buy: ‘The stock is trading near all-time low valuations’

UBS raised its rating of AT&T to buy from neutral on Thursday, citing a coming turnaround in the company’s operating performance and “an overly negative outlook” on AT&T shares, the firm said. “We believe the stock is trading near all-time low valuations (and the widest gap to Verizon),” UBS analyst John Hodulik said in a note. A 6 percent decline in earnings before interest, taxes, depreciation and amortization (EBITDA) during the first half of 2018…

Read More

Dow stock Nike just hit a record — and its run could just be getting started

Dow stock Nike just hit a record — and its run could just be getting started

Nike shares just sprinted to an all-time high, and some market watchers foresee even bigger gains. The athletic apparel company is the best-performing stock in the Dow Jones Industrial Average this year, up 36 percent and far outpacing peers like Foot Locker and Skechers. The bulk of its gains have come in just the last three months — 14 percent. The stock quickly recouped losses earlier this month in a move sparked by an advertisement…

Read More

Huawei drives to flagship Apple store, hands out juice to mock battery life on iPhone XS launch day

Huawei drives to flagship Apple store, hands out juice to mock battery life on iPhone XS launch day

Chinese smartphone maker Huawei trolled Apple by driving a van past the U.S. tech giant’s flagship London store on Friday, as the iPhone XS and XS Max went on sale. The Huawei van was serving juice to passers by with the tagline: “Get ju%ce that lasts,” followed by “No traces of Apple.” The reference was to battery life, with Huawei claiming its phones last longer. Apple’s flagship devices went on sale Friday with the technology…

Read More

Suge Knight to serve 28 years after pleading no contest to manslaughter over fatal confrontation

Suge Knight to serve 28 years after pleading no contest to manslaughter over fatal confrontation

Averting a murder trial that had been nearly four years in coming, former rap mogul Marion “Suge” Knight pleaded no contest Thursday to voluntary manslaughter for running over and killing a Compton businessman and agreed to serve nearly 30 years in prison. The Death Row Records co-founder entered the plea in Los Angeles Superior Court after striking a deal with prosecutors, and has agreed to serve 28 years. Jury selection for his trial, which could…

Read More

Cleveland Browns beat the NY Jets for their first win since 2016

Cleveland Browns beat the NY Jets for their first win since 2016

For the first time in 635 days, the Cleveland Browns won. Baker Mayfield showed them how. The No. 1 overall pick replaced injured starter Tyrod Taylor and sparked the Browns, who got two 1-yard touchdown runs from Carlos Hyde and beat the New York Jets 21-17 on Thursday night for their first win since Dec. 24, 2016. “I’ve just been waiting for my moment,” Mayfield said. “I’m just getting started.” And so ends Cleveland’s 19-game…

Read More

Uber reportedly in talks to buy food delivery firm Deliveroo

Uber reportedly in talks to buy food delivery firm Deliveroo

Ride-hailing company Uber Technologies Inc is in early talks to buy food delivery company Deliveroo, Bloomberg reported on Thursday, citing people familiar with the matter. The value of the deal is not known, Bloomberg reported, adding that the offer would need to be considerably above Deliveroo’s latest valuation. London-based Deliveroo was last year valued at more than $2 billion after raising $98 million from private investors. According to the Bloomberg report, the talks could fall…

Read More
1 2 3 996