For Sarah Guo, an investor at venture capital firm Greylock Partners, some of the future dangers of an ever-more-connected world are already here — in China. There, ransomware attacks on individual Android phones are a common problem. Someone could find their phone suddenly seized, and then a message pops up saying — “I want 1,000 […]
Read moreAfter struggling through most of 2017, banks stocks are ready to break out, according to a Credit Suisse analysis. “Improved prospects for tax cuts, and more importantly, progress on regulatory reform,” are the main drivers that will see an at least 10 percent return ahead for select stocks, analyst Susan Roth Katzke and others said […]
Read moreGeneral Motors is teaming up with a California tech company in the race to dominate the self-driving car market. GM announced an agreement on Monday to acquire Strobe, and will acqui-hire the start-up’s engineering team to work for Cruise Automation. The terms of the deal were not disclosed. “Strobe’s …. technology will significantly improve the […]
Read moreThe price of bitcoin will “collapse” as cryptocurrencies face continued regulatory pressure from governments, Harvard economist Kenneth Rogoff said Monday. “My best guess is that in the long run, the technology will thrive, but that the price of bitcoin will collapse,” Rogoff said in an article for The Guardian and Project Syndicate. Bitcoin has rallied […]
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iOS 11 is loaded with new features, but some of them are harder to find than others. If you follow this guide, you’ll be able to organize your iOS apps more easily than ever before. It’s useful if you’ve ever felt the pain of trying to move apps one by one from folder to folder […]
Read moreWhen it comes to careers, young people around the world are lured by start-ups over established companies. A global study conducted by media company 9gag and market research company GfK Global of more than 95,000 people aged 35 and under showed 71 percent of people would rather commit to a start-up opportunity for potentially many […]
Read moreGoldman Sachs says stocks of companies with low labor costs are outperforming the overall market, and the strategy could pick up steam as wages rise. In a note to clients on Friday, Goldman said a basket of stocks representing companies with low U.S. labor costs is up 20 percent this year, beating the 15.2 percent […]
Read moreFor decades, the global economy has been defined by dissonance. There has been the Japanese recession. The financial crises in the United States and Europe. And drama in emerging markets throughout. But as central bankers, finance ministers and money managers descend on Washington this week for the fall meetings of the International Monetary Fund, they […]
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Nobel Prize winner Thaler helps run a fund that’s nearly doubled the S&P since the bull market began
This year’s winner of the Nobel Prize for economics is also an advisor to investment funds with stellar track records. Behavioral economist Richard Thaler is principal at Fuller & Thaler Asset Management, which helps advise a $5.8 billion Undiscovered Managers Behavioral Value Fund. It has almost doubled the S&P 500‘s gains since the beginning of […]
Read moreBorn and raised in this Texas Gulf Coast beach town, James Wheeler Jr. finds himself sawing plywood and hanging sheet rock at a time when he would normally be leading deep-sea fishing excursions, trying to hook tuna or Spanish mackerel by the cooler-full. Since Hurricane Harvey came through Port Aransas just before Labor Day — […]
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