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Monthly Archives: September 2017

These kinds of stocks do well when the bull market nears its end

Growth stocks are likely to outperform even as the bull market nears an end, according to one Wall Street firm. Credit Suisse cited how equities are already trading 34 percent above the previous inflation-adjusted market peak. The average post-war bull market typically gains 32 percent from the previous bull market’s …

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Trump ending DACA program, which protected 800,000 immigrants

Susan Walsh | AP Attorney General Jeff Sessions speaks during a news conference at the Justice Department in Washington, Tuesday, Sept. 5, 2017, on President Barack Obama’s Deferred Action for Childhood Arrivals, or DACA program. Scrapping DACA, which started in 2012 under Obama, could affect roughly 800,000 young people registered …

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Alibaba reportedly set to open its first physical mall in China

Kiyoshi Ota | Bloomberg | Getty Images Jack Ma, chairman of Alibaba Group Holding Ltd., gestures as he speaks at SoftBank World 2014 in Tokyo, Japan. Alibaba, a pioneer of Chinese e-commerce, is reportedly embarking on its first brick-and-mortar mall. The five-floor center, to be called “More Mall,” is being …

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Who’s That Annoying Telemarketer on the Phone? It’s the Opera

“For the past three weeks, I have been harassed by Carnegie Hall telemarketers,” one reviewer, Youma W., posted on Yelp in March. Money pressures have risen for many cultural organizations as box-office revenues generally pay a smaller share of the cost of performances than they used to. While the bulk …

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Review: ‘American Horror Story: Cult’ Feeds Off Trump-Era Fears

The emotions at Ally’s viewing party will be familiar to half or so of America. There’s fear, in particular about what a conservative backlash will mean for her and her wife, Ivy (Alison Pill). There’s recrimination — starting with Ivy toward Ally, who, it turns out, voted for Jill Stein. …

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People aren’t that excited for iPhone 8, Piper Jaffray says

Stephen Lam | Getty Images Apple CEO Tim Cook speaks during a product launch event on October 27, 2016, in Cupertino, California. Consumers aren’t that excited for the new Apple iPhone, Piper Jaffray said on Tuesday. In a note to investors, Jaffray analyst Michael J. Olson said that consumers are …

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Investors need to stop beating up media stocks because of Netflix

Patrick T. Fallon | Bloomberg | Getty Images Bob Iger, chairman and chief executive officer of The Walt Disney Co. Disney’s upcoming internet video streaming services will thrive, according to one Wall Street firm. Wells Fargo raised its rating on company’s shares to outperform from market perform on Monday. The …

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More North Korea sanctions ‘required urgently’

Darsun Aydemir | Anadolu Agency | Getty Images German Chancellor Angela Merkel holds a press conference following the European Union (EU) Leaders Summit in Brussels, Belgium on March 10, 2017. German Chancellor Angela Merkel has urgently called for more sanctions over North Korea. In a parliamentary address Tuesday, Merkel said …

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Film Forum to Have a New Screen and More

Photo Film Forum is planning to undergo a renovation in spring 2018. Credit Chad Bolton Film Forum is getting a makeover. The popular downtown art house and repertory cinema will be adding a fourth screen along with buildingwide improvements, the theater announced Monday. The new screen will be built using …

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Bitcoin dips another $200 after China’s cryptocurrency crackdown

Vyacheslav Prokofyev | TASS | Getty Images The bitcoin community appears to have resolved the in fighting over the future of the cryptocurrency. Bitcoin fell by another $200 on Tuesday after the fallout of a Chinese ban on cryptocurrency crowdfunding methods saw the price of the digital coin slump earlier …

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