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Your Money

Articles to keep you informed about trends and help you manage your money

Traders Work On The Floor Of The NYSE As Stocks Rally Amid Earnings And Crude Shrugs Off China Slump
Business HeadlinesYour Money

published Feb 15, 2018, 6:30:12 AM, by Nir Kaissar (Bloomberg Gadfly) — ETF enthusiasts gathered recently in Hollywood, Florida, for the “Inside ETFs” conference, the industry’s biggest party of the year. By many accounts it was the swankiest celebration yet. And for good reason. When Inside ETFs first convened in

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Electric Meter Closeup
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published Feb 15, 2018, 9:13:09 AM, by Jim Efstathiou Jr. (Bloomberg) — Americas are spending the least of their paychecks on electricity in at least 58 years as gains in energy efficiency leave more for food, vacations and gadgets. Consumer spending on electricity fell to 1.3 percent of personal consumption

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Business HeadlinesYour Money

published Feb 14, 2018 4:24:36 PM, by Alex Nussbaum and Anders Melin (Bloomberg) — Want to make it big in the oil industry? Try getting fired by SandRidge Energy Inc. James D. Bennett, the CEO dismissed last week, left the company with a severance package worth at least $14 million,

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Stockprices Chart
Business HeadlinesYour Money

published Feb 8, 2018 9:24:23 AM, by Tim Duy (Bloomberg Prophets) — The meltdown on Wall Street in recent days might have an upside: It could help extend the length of the expansion. I had three primary concerns about the extent of the equity rally of 2017 and the beginning

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bitcoin
Business HeadlinesYour Money

published Feb 7, 2018 4:42:36 PM, by Shelly Hagan (Bloomberg) — The head of the World Bank compared cryptocurrencies to “Ponzi schemes,” the latest financial voice to raise questions about the legitimacy of digital currencies such as Bitcoin. “In terms of using Bitcoin or some of the cryptocurrencies, we are

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Congress Focuses On IRS Delay In Disclosing Groups' Scrutiny
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published Feb 5, 2018 2:44:19 PM, by Ben Steverman and Patrick Clark (Bloomberg) — If exploiting a tax loophole is as much an art as a science, then the tax planning profession is poised for a creative renaissance. The inspiration is the tax law signed by President Donald Trump in

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poverty
Business HeadlinesYour Money

published Feb 4, 2018, 1:00:00 PM, by Katia Dmitrieva (Bloomberg) — The tightest labor market in years isn’t pulling in all Americans. Despite a robust job market that added a greater-than-forecast 200,000 positions in January and has seen many companies struggle to find skilled labor, the unemployment rate is 10

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Little cute cartoon fantasy unicorn
Business HeadlinesYour Money

published Jan 18, 2018 8:39:36 AM, by Matt Levine (Bloomberg View) – Hovnanian. We have talked a few times recently about Hovnanian Enterprises Inc., which got favorable financing from Blackstone Group’s GSO Capital Partners through some credit-default-swap market machinations. GSO had bought CDS protection that would pay off if Hovnanian defaulted. Hovnanian will refinance its

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UNITED STATES OF AMERICA - CIRCA 1944: A stamp printed in the Un
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published Jan 22, 2018 7:50:48 PM, by Lyubov Pronina, Lilian Karunungan and Selcuk Gokoluk (Bloomberg) — Emerging markets are racking up bond sales at a record pace this year as issuers scramble to lock in low yields before the Federal Reserve’s next interest-rate increase. 1. The Tally so Far Borrowers

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poverty2
Business HeadlinesYour Money

published Jan 15, 2018, 3:00:09 PM, by Adam Minter (Bloomberg View) — For decades, the donation bin has offered consumers in rich countries a guilt-free way to unload their old clothing. In a virtuous and profitable cycle, a global network of traders would collect these garments, grade them, and transport

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