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Your Money

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

bigstock-Student-Financial-Aid-7834755
Business HeadlinesYour Money

published Oct 3, 2017, 3:33:58 PM, by The Editors (Bloomberg View) —America’s elite colleges are more selective than ever before. They also remain disproportionately populated by the wealthy — in part because many qualified students from poor backgrounds don’t even apply. The good news is that there are proven strategies

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Trump Links Terrorism, Bureaucracy as Threats to the West
Business HeadlinesYour Money

published Sep 28, 2017, 3:27:07 PM, by Sarah McGregor (Bloomberg) — President Donald Trump is still intent on eliminating the carried interest tax break even though it wasn’t specified in his tax framework, White House Economic Adviser Gary Cohn said. “The president remains committed to ending the carried interest deduction,”

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Rich businessman showing off his money
Business HeadlinesYour Money

published Sep 28, 2017, 4:25:29 PM, by Simone Foxman, Katya Kazakina and Tom Metcalf (Bloomberg) — President Donald Trump’s tax plan suggests that wealthy Americans could be in line for a boatload of breaks. At this point, the rich aren’t buying it. “Trying to plan is pretty impossible,” said John

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

published Sep 15, 2017 2:26:56 PM, by Ben Carlson (Bloomberg View) — In late July, Oaktree Capital’s Howard Marks put out a memo describing current investment trends that could turn out to be mistakes. Marks urged caution on equity valuations, low volatility, FAANG stocks (Facebook, Amazon, Apple, Netflix and Google),

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Little cute cartoon fantasy unicorn
Business HeadlinesYour Money

published Feb 2, 2017 8:20:51 AM, by Matt Levine (Bloomberg View) — Index funds and activists. The basic thesis of the index-funds-should-be-illegal crowd is that when most companies are mostly owned by the same overlapping group of owners — big mutual fund complexes, particularly passive index funds — then those companies

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europe
Business HeadlinesYour Money

(Bloomberg) — U.S. equity investors aren’t done with Europe even after enjoying their best returns in eight years. Those who bought European stocks in dollars have already seen gains of about 17 percent this year, and the prospect of another leg up is keeping them hooked. The two largest U.S.

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Interview With Lloyd Blankfein, Warren Buffett, Michael Bloomberg & Michigan Governor Rick Snyder
Business HeadlinesYour Money

published Aug 30, 2017 12:33:56 PM, by Noah Buhayar (Bloomberg) — Warren Buffett, the billionaire chairman and chief executive officer of Berkshire Hathaway Inc., said the rally in markets over the last several years has made it harder to find bargains, but that stocks remain his choice over bonds. When

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Male passenger waiting for a flight at the airport travel trip s
Business HeadlinesYour Money

published Aug 17, 2017 9:16:41 AM, by Nikki Ekstein (Bloomberg) —In the era of the humble brag, it’s harder than ever to know how your boss travels. Assuming he or she is the type that likes to share, you might see a suggestion of a private jet or a swanky

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sprint-zte-optik_02
Business HeadlinesYour Money

published Aug 9, 2017 5:00:07 AM, by Alex Sherman, Scott Moritz and Gerry Smith (Bloomberg) — As The Bachelorette wraps up another season, a mating dance is developing in the telecommunications world. SoftBank is desperate to find a match for Sprint, the fourth-largest U.S. wireless company, of which it owns

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401K IRA and Annuity words on three red dice to illustrate risk
Business HeadlinesYour Money

published Aug 3rd 2017, 3:00 am, by Suzanne Woolley (Bloomberg) —It’s happened again: Retirement savings account balances have hit all-time highs. A string of record 401(k) and IRA account totals now stretches across three consecutive quarters, according to second-quarter data from Fidelity Investments. The data covers 22,155 companies and 15.1

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