Tag: business news

Wall Street strategists recommend stable dividend-paying investments

Wall Street strategists recommend stable dividend-paying investments

Traders work the floor of the New York Stock Exchange on August 23, 2019 in New York. Don Emmert | AFP | Getty Images Stocks may be at record highs, but 2020 has already proven to be a volatile year, leading a growing cohort of Wall Street strategists to recommend stable dividend-paying investments. Favorite names […]

European stocks close lower as US imposes fresh sanctions on Iran

European stocks close lower as US imposes fresh sanctions on Iran

European stocks closed in negative territory on Friday, paring earlier gains after the U.S. announced fresh sanctions on Iran. The pan-European Stoxx 600 had dipped below the flatline by the closing bell, with most sectors and all major bourses in the red. The blue-chip stock index closed lower by 0.12%. The FTSE 100 in London […]

Apple announces iPhone XS battery case replacement program

Apple announces iPhone XS battery case replacement program

Apple CEO Tim Cook pose next to an image of the new iPhone 11. Kena Betancur | AFP | Getty Images Apple said on Friday that it will provide free replacements for some iPhone cases with built-in batteries because of charging problems.  Customers can replace malfunctioning iPhone XS, iPhone XS Max, and iPhone XR Smart Battery […]

Saving for retirement, erasing debt among popular resolutions for 2020

Saving for retirement, erasing debt among popular resolutions for 2020

Every year millions of Americans make resolutions, and every year those same Americans fall short of reaching their goals. To fuel a commitment toward a healthier financial well-being in 2020, the Invest In You team asked readers and viewers to reveal their goals. The response was overwhelming — and humbling. Several themes emerged, including investing […]

Neil Peart, drummer and lyricist for rock band Rush, dies at 67

Neil Peart, drummer and lyricist for rock band Rush, dies at 67

Neil Peart, the prodigiously talented drummer and eclectic primary lyricist for the Canadian rock band Rush, died Tuesday in Santa Monica, California, according to a family spokesman. He was 67. The cause of death was brain cancer, which he had been battling quietly for three years, according to his spokesman, Elliot Mintz. He was considered […]

Here’s where the jobs are for December 2019 — in one chart

Here’s where the jobs are for December 2019 — in one chart

While overall employment gains were slightly disappointing in December, there were strong job increases in the retail, hospitality and leisure services industries as employers looked to boost payrolls during the peak holiday season. The government reported Friday that payrolls increased by 145,000, falling short of the 160,000 estimate economists polled by Dow Jones had forecast. […]

MIT puts professor on leave for Jeffrey Epstein donations

MIT puts professor on leave for Jeffrey Epstein donations

Jeffrey Epstein in 2004. Rick Friedman | Corbis News | Getty Images The Massachusetts Institute of Technology said Friday that it had placed one of its tenured professors on paid administrative leave after finding that he “purposefully failed to inform MIT” that convicted sex offender Jeffrey Epstein was the source of two donations in 2012 […]

Amazon says uninstall Honey, which PayPal just paid $4 million for

Amazon says uninstall Honey, which PayPal just paid $4 million for

Honey co-founders Ryan Hudson and George Ruan. PayPal Amazon has a beef with the start-up PayPal recently acquired, Honey. During the height of the holiday shopping season, the e-commerce giant warned some users that the browser extension could be a “security issue.” “Honey tracks your private shopping behavior, collects data like your order history and […]

Stocks dip from records after jobs data

Stocks dip from records after jobs data

Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the closing bell on October 2, 2019 in New York City. Drew Angerer |Getty Images Dow Jones Industrial Average falls 133 points The Dow slid 133.13 points, or 0.46%, to 28,823.77 after briefly breaking above 29,000 for the first […]

US slaps new sanctions on Iran following strikes on US targets

US slaps new sanctions on Iran following strikes on US targets

Secretary of State Mike Pompeo and Treasury Secretary Steven Mnuchin announced new sanctions Friday on Iran’s metal exports and eight senior Iranian officials. The penalties came days after Iran fired missiles at U.S. targets in Iraq in retaliation for an American airstrike in Baghdad that killed Iran’s top military leader, Qasem Soleimani, last week. After […]