A lot of teenagers spend their final year of high school preparing for college. But what Alex Balfanz did during his senior year ended up paying for college. A 20-year-old student who recently began his junior year at Duke University, Balfanz is also the co-creator of the hit online video […]
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The trade war is weighing ‘like a big, dark cloud’ on the global economy, says Christine Lagarde
For incoming European Central Bank President Christine Lagarde, the U.S.-China trade war is the biggest threat to the global economy. Lagarde, who has run the International Monetary Fund since 2011 and was selected in July to replace Mario Draghi on Nov. 1, said the tariffs that the U.S. and China […]
Apple reveals details of Oprah’s exclusive new streaming show
Tim Cook, chief executive officer of Apple Inc., waves while onstage with Oprah Winfrey, chief executive officer of Oprah Winfrey Network LLC, during an event at the Steve Jobs Theater in Cupertino, California, U.S., on Monday, March 25, 2019. David Paul Morris | Bloomberg | Getty Images Oprah Winfrey is […]
Survey: People aren’t as interested in the iPhone 11 because they’re waiting for a 5G model
Members of the media take photographs of iPhone 11, iPhone11 Pro and iPhone 11 Pro Max smartphones in the Apple Marunouchi store on September 20, 2019 in Tokyo, Japan. Tomohiro Ohsumi/Getty Images Buyer interest in Apple’s latest iPhone line up is lower than the previous year despite a more affordable […]
Rep. Deb Haaland: For Native American women, the pay gap is even wider—here’s a way to fix it
If I told you that Native women have to work 22 months to make what their white male counterparts make in 12 months, would you be surprised? This year, Native American Equal Pay Day lands on Sept. 23, a day that shows how much longer Native women must work before […]
Here’s how much financial advisors should invest in alternatives to make a difference
Oliver Furrer | Cultura | Getty Images You don’t have to be a hedge fund guru to discuss alternative investments with your clients, yet it doesn’t hurt to get educated. It’s no secret that portfolio diversification protects investors from the whims of the stock market, blunting the volatility you get […]
Investors wonder whether this calm march back to near record highs can be trusted
Fortitude or denial? Wall Street’s steadiness last week in response to several tidy excuses for skittishness raises this question. The S&P 500 eased back just half a percent, holding within 1% of a record high, in a week that began with an oil-price spike following an attack on Saudi Arabia […]
Roku could fall another 30% before finding a bottom, chart suggests
The streaming wars may have claimed a new victim. Roku shares plummeted nearly 30% last week, its worst weekly performance stretching to its 2017 IPO. The streaming platform stock was pummeled Friday after Pivotal Research slapped a sell rating and $60 price target on it, fearing a rush of competition […]
Time for the US and China to return to ‘serious communication’ on a trade deal: ex-Beijing official
The U.S. and China must work closely to reach a trade deal as their bilateral dispute has a global impact, said China’s former vice finance minister on Monday. “We hope that China and U.S. can reach an agreement with mutual respect, mutual benefit with equal treatment for each other,” said […]
Deutsche Bank, BNP reach transition agreement for global prime finance platform
Deutsche Bank and BNP Paribas reached a master transaction agreement to assure service continuity to Deutsche’s global prime finance and electronic equities clients, the banks said on Monday. Under the agreement, Deutsche Bank will continue to operate the platform until clients can be migrated to BNP Paribas, Deutsche said in […]