Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 30, 2019. Brendan McDermid | Reuters Value investing might have lost its value. The classic factor investing strategy of picking stocks with cheap book valuation, embraced by the legendary Warren Buffett, has become increasingly irrelevant thanks to central
Artist Jeff Koons with his 1986 sculpture “Rabbit,” which sold at auction this year for a record-setting $91.1 million. Steve Parsons – PA Images | PA Images | Getty Images Interest in collectibles is hitting new heights. “Rabbit,” a 1986 stainless steel sculpture by the artist Jeff Koons, sold to Robert E. Mnuchin, father of
There is an adage that cautions about planting seeds of discontent. You reap what you sow. The Verge reported earlier this month that a pair of smartphone app developers are seeking class-action status to sue Apple. They claim the Cupertino-based company maintains an improper monopoly over iPhone apps. It’s part of a growing trend of legal complaints against Apple. This
NEW YORK, NY – SEPTEMBER 15: Technology monitors a patient’s vital signs in New York City. (Photo by Andrew Lichtenstein/Corbis via Getty Images) Corbis via Getty Images As a tax shelter, health savings accounts are a winner, and are growing in popularity. But, according to a new study (subscription only) by Paul Fronstin and M.
The entry to The Stories at Congressional Plaza in Rockville, Maryland. Courtesy Federal Realty Investment Trust All the recent studies show that people want to remain in their homes and in their communities as they age, and the importance of community can’t be overstated. That’s how Ryan Frederick sees it. He’s the founder of SmartLiving
Tourists rest at Bavaro beach, in Punta Cana, Dominican Republic, on January 16, 2012. Erika Santelices | AFP | Getty Images Over 2 million Americans travel to the Dominican Republic every year, but following a number of mysterious deaths on the island, tourists are rethinking whether they want to travel there. So far nine Americans
The headquarters building of Micron Technology Inc. stands in Boise, Idaho, U.S. Matthew Staver | Bloomberg | Getty Images Shares of Micron Technology fell on Friday after J.P. Morgan lowered its outlook for the chipmaker due to the U.S. restrictions on Chinese telecom giant Huawei, a big customer of Micron. J.P. Morgan cut its year-end
Kyle Bass Mark Neuling | CNBC Hedge fund manager Kyle Bass believes the United States now has more leverage over China in trade negotiations than ever before and encouraged President Donald Trump to follow his hard-line tactics to force concessions from Beijing. In an interview with CNBC’s David Faber, Bass said that the strength of
Share to facebook Share to twitter Share to linkedin Photocredit: © 2019 Bloomberg Finance LP © 2019 Bloomberg Finance LP This is options expiration week in the month of June. This week has a seasonally bearish bias, so we are likely to see some pullback but the uptrend remains intact. Here are short-term trading selections
The Department of Justice announced that one of its alumni strayed. According to court documents, attorney James F. Miller, 67, underreported his gross income on his 2010 through 2014 tax returns by approximately $2,215,587. Miller, a tax policy lobbyist and former employee of the Justice Department’s Tax Division, filed multiple false tax returns with the