Your Money
Articles to keep you informed about trends and help you manage your money
Personal Loans Surge to a Record High
published Jul 3, 2018 11:28:58 AM, by Hannah Levitt (Bloomberg) — Heather Turner and her husband needed a few thousand dollars to jump-start the adoption of a teenager from Ukraine, and their timing was good: Lenders led by online firms have opened the spigot for personal loans, even if it
How to Avoid Poverty After Making $650 Million: Barry Ritholtz
published Jun 29, 2018 11:35:39 AM, by Barry Ritholtz (Bloomberg Opinion) — The 1980s television series “21 Jump Street” launched Johnny Depp’s acting career; “Edward Scissorhands,” director Tim Burton’s dark Gothic fairy tale, made him a movie star. But it was Disney’s “Pirates of the Caribbean” movies that made him
Semiconductor ETF Gets Lots of Cash, But Not for What You Think
published Jun 27, 2018 3:16:22 PM, by Carolina Wilson (Bloomberg) — So much for semiconductor stocks hitting a floor. A record inflow into an exchange-traded fund tracking chipmakers that looked like a bullish signal for the industry actually may have been another bearish beacon for a group that’s had a
How to Make Money Off Brazilian Stocks When They Are Sinking
published Jun 26, 2018 1:28:23 PM, by Vinícius Andrade and Carolina Wilson (Bloomberg) — There’s at least one way to make money and bet on Brazilian equities at the same time, even if the Ibovespa is down more than 7 percent this year. Just ask investors in the ProShares UltraShort
Matt Levine’s Money Stuff: Financial Regulation Is Illegal
published Jun 22, 2018 9:55:45 AM, by Matt Levine (Bloomberg Opinion) — Everything is unconstitutional. The Securities and Exchange Commission brings a lot of enforcement actions against a lot of people in its own internal courts. Employees of the SEC’s enforcement division decide to bring a case, and then they
Internet Sales Tax Switch Is Good Policy, Wrong Way: Justin Fox
published Jun 21, 2018 12:49:03 PM, by Justin Fox (Bloomberg Opinion) — In the early days of the internet, online retailers were able to take advantage of a tax shelter that exempted them from sales taxes in states in which they did not have a physical presence. They used this
With Great Wealth Comes a Great Divide in Social Consciousness
published Jun 12, 2018 1:00:15 PM, by Suzanne Woolley (Bloomberg) — Impact investing—putting money to use with an eye not just on financial returns but on bringing about social or environmental change—is a hot topic. It may also be a divisive topic among different generations of wealth, according to a
Fidelity Cuts Target-Date Fund Fees as Competition Heats Up
published Jun 15, 2018 2:05:45 PM, by Charles Stein (Bloomberg) — Fidelity Investments, which has been cutting prices to compete with low-cost rivals such as Vanguard Group and Charles Schwab Corp., is trimming fees on the target-date index funds it sells to retirement plans and rolling out new offerings that
Rising Rates Put U.S. Homebuilders — and Investors — in a Spot
published Jun 13, 2018 2:42:17 PM, by Prashant Gopal (Bloomberg) — The Fed’s rate hike Wednesday, and its signal of two more increases to come this year, will only add to investors’ biggest worry about the U.S. housing market — that it’s getting too expensive. An S&P index of U.S.
Tech Startups Are Trying to Make Bank Accounts Cool
published Jun 11, 2018 7:00:00 AM, by Julie Verhage (Bloomberg) — Suddenly, a common, simple, and frankly boring product is all the rage in Silicon Valley: bank accounts. In recent months, a slew of startups have been launching products bringing them closer to becoming banks themselves. In January, Social Finance