Millennials are going all-in when it comes to using exchange-traded funds in their investment portfolios. In fact, almost everyone — 96 percent — who responded to a recent Charles Schwab survey said they considered the passive index-tracking securities “a necessary part” of their investment strategy, and 91 percent said ETFs are their “investment vehicle of […]
Read moreRebecca Schulte, 24, was at her apartment in West Hollywood when she received a call from a familiar area code. She picked up. “I’m on the side of the road, there’s been a really bad car accident,” a man said. He told her he’d found her number in the injured man’s phone. Rebecca knew her […]
Read moreThe agreement between President Donald Trump and North Korea’s Kim Jong Un in Singapore represents a “big day” for China, two former U.S. diplomats told CNBC on Tuesday. “China would love American troops to be gone from the Korean Peninsula,” Wendy Sherman, a former undersecretary of state for political affairs, said in a “Squawk Box” […]
Read moreIn 2013, Facebook bought an Israeli app developer called Onavo, whose service helps consumer protect their mobile data while browsing. Now, the company has told legislators that it does not connect data from Ovavo to individual users’ Facebook profiles, while acknowledging it does use Onavo data to see what people are doing in other products […]
Read moreCurrency, United States Finance
A crucial Brexit debate is underway that threatens to derail the whole process
It is almost exactly two years since British citizens voted in a referendum on membership of the European Union. The relatively narrow vote in favor of Brexit stunned Britain’s political class, and that shock remains well represented in the current parliament, where a majority of today’s sitting lawmakers voted against a departure from the world’s […]
Read moreFacebook’s Instagram is letting people shop directly from its Stories, opening up a direct way for people to buy what they see. Starting on Tuesday, some retailers, including Adidas, Aritzia and The Kooples can tag and link directly to their products. Instagram users can click on the link and buy the item directly, without having […]
Read moreI tossed and turned last night, and according to a new app that uses your phone’s speakers to measure how well you sleep, I only got five hours and 37 minutes. The app is called SleepScore and it’s the first of its kind to measure how well you sleep without requiring anything more than your […]
Read moreFacebook denied building eye-tracking software in its response to questions from Congress released Monday but said if it ever did build out the technology, it would take privacy into account. The social media company holds at least two patents for detecting eye movements and emotions, which it said “is one way that we could potentially […]
Read moreRH shares skyrocketed on Tuesday after the luxury home goods retailer reported first-quarter earnings well-above estimates and raised its forecast for the year. Shares rose more than 28 percent, putting it on pace for its best day since Nov. 16, 2017. RH was formerly known as Restoration Hardware and has recently shifted its brand to […]
Read moreEven wealthy Americans are relying on family members to stay rich. That’s according to new data from Merrill Edge, which found that a third of “mass affluent” Americans are waiting on an inheritance to achieve financial stability. The study includes responses from 1,000 participants and defines the “mass affluent” as those with investable assets between […]
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