Your Money
Articles to keep you informed about trends and help you manage your money
Investors Should Avoid Sector ETFs During Strong Earnings Season
published Apr 25th 2017, 12:08 pm, by Carolina Wilson (Bloomberg) —Looking to capitalize on what’s shaping up to be a strong earnings season? You may want to avoid some of the most popular vehicles in the market: large sector exchange-traded funds. ETFs tracking all sectors have gathered a record $18.1
The Average Person Really Isn’t Rockefeller Rich: Barry Ritholtz
published Apr 24th 2017, 10:56 am, by Barry Ritholtz (Bloomberg View) —You are not poor; income inequality is a myth; the middle class is doing just fine. That seems to be the message coming from numerous right-leaning think tanks, websites and authors. I was reminded of this yet again over
The Future of Taxes Is Mobile and Painless, TurboTax Says
published Apr 13th 2017, 5:00 am, by Ben Steverman (Bloomberg) — TurboTax, the reigning king of online tax preparation, is facing some particularly strong competition this year. Arch rival H&R Block started the 2017 tax season aggressively, touting a collaboration with IBM’s supercomputer Watson and free online returns. Credit Karma,
Breaking Up the Big Banks Offers a Lot to Like: Barry Ritholtz
published Apr 7th 2017, 10:56 am, by Barry Ritholtz (Bloomberg View) — One of the great misunderstandings about the financial crisis is the role that repealing the Glass-Steagall Act played. This is newly relevant, as there has been interest from White House economic adviser Gary Cohn in restoring the Depression-era
What Would Jesus Disrupt?
published Apr 5th 2017, 5:00 am, by Mya Frazier (Bloomberg) — For two days, the crowd sits in darkness in plush theater seats, watching the church stage. There are smoke machines and LED screens, harnessed climbers scaling a scaffold “mountain” and raising their arms in symbolic victory over the startup
Young Women Aren’t Closing the Great American Gender-Pay Gap
published Apr 5th 2017, 3:03 pm, by Rebecca Greenfield (Bloomberg) — It looked pretty good for young women’s earnings in 2011. The pay gap separating women and men aged 25 to 34 was the smallest ever recorded by the Pew Research Center, with young women earning 97 cents for every
Privacy Is Price We Pay for Always-On Internet: Stephen Carter
published Mar 31st 2017, 12:30 pm, by Stephen L. Carter (Bloomberg View) — President Donald Trump is poised to sign legislation to overturn Federal Communications Commission rules forbidding internet service providers from selling data they have vacuumed up about the online habits of their customers. Privacy groups are understandably perturbed.
Renting Your Home Is American, If Not the Dream: Stephen Mihm
published Apr 1st 2017, 9:00 am, by Stephen Mihm (Bloomberg View) — Last week brought the news that home ownership rates continue to slide, with over half the nation’s largest cities now dominated by renters. The decline is particularly pronounced among millennials: Only 31 percent of adults under the age
Ten Ways to Get a Good Return on Your Cash (Stocks Not Included)
published Mar 28th 2017, 3:00 am, by Suzanne Woolley (Bloomberg) — Maybe you’ve been riding that bull for eight years and feel like it might be getting tired. Maybe you’re getting a little jumpy yourself, with all that money in stocks and now the Trump-rally turbulence. You could use this
Health-Care Providers in Trader Sights Before Obamacare Vote
published Mar 22nd 2017, 3:14 pm, by Joseph Ciolli and Cristin Flanagan (Bloomberg) — Hospital and managed-care stocks are limping into Thursday’s vote on a bill that would repeal parts of the Affordable Care Act. An index tracking U.S. health-care providers slipped as much as 0.6 percent Wednesday, extending its