Jim Cramer has not recommended bonds ever since the 2008 financial crisis because interest rates have been so low. But that does not mean that there is not a place for bonds in a portfolio. In fact, he says they play an essential role in investing, especially as investors get older. “In general, for the […]
Read moreTheir stories came out slowly, even hesitantly, at first. Then in a rush. One female entrepreneur recounted how she had been propositioned by a Silicon Valley venture capitalist while seeking a job with him, which she did not land after rebuffing him. Another showed the increasingly suggestive messages she had received from a start-up investor. […]
Read moreFirst Blue Apron, now Tintri. It’s been a lousy week for tech initial public offerings, so rough for Tintri that after slashing its offer price, the data storage company is worth about $225 million, or about $35 million less than the amount it raised as a private company. Tintri, which sells to large enterprises, and […]
Read moreGoogle released its fourth annual diversity report and the results show that the tech giant is still largely employing white males. About a third of the staff is Asian, just two percent are African American and 31 percent are women. Facebook‘s breakdown is nearly identical, according to its most recent diversity report, released in July, […]
Read moreIn the last four years, Jay Z has released two albums, both through non-traditional means. While most artists would sign with a record label to release their album, the most successful hip-hop artist of all time, a man worth $810 million, has made deals with a smartphone maker and carrier to cover distribution and promotion. […]
Read moreWheat futures prices soared more than 3 percent on Friday as drought worsened in a key growing region. “Wheat conditions are at some of the lowest ratings in over a decade,” said James Cordier, president and head trader at Optionsellers.com in Tampa, Florida. A major drought in the Dakotas has caused spring wheat crop conditions […]
Read moreIt’s been an easy few years to make money. Barring a late Friday plunge, the second quarter of 2017 will go out as the S&P 500’s 16th winning quarter out of the past 18. The large-cap index has risen by 2.7 percent in the three-month period. Throughout the whole history of the S&P 500, which […]
Read moreWhy is Amazon spending nearly $14 billion for Whole Foods? One reason: People who buy yoga mats and fitness trackers on Amazon might also like grapes, nuts and other healthy items at the organic grocery chain. In short, the deal stands to net Amazon a wealth of data-driven insights into how shoppers behave offline – […]
Read moreUnited Launch Alliance, a partnership of Lockheed Martin and Boeing, for the first time beat Elon Musk’s SpaceX in competition for an Air Force satellite launch, both launch companies said on Friday. The contract covers launch services for multiple satellites aboard an Atlas 5 rocket in June 2019. The contract value is $191,141,581, the Air […]
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Shares of Micron Technology fell on Friday, dragging the broader chips sector lower. The iShares PHLX Semiconductor exchange-traded fund (SOXX) slipped 0.2 percent, with Micron falling about 4 percent to lead the decliners. Shares of chip makers Advanced Micro Devices and Nvidia — last year’s best-performing S&P 500 component — also traded lower. Semiconductors have […]
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