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Monthly Archives: October 2018

This chart shows why October has such a scary reputation on Wall Street

There may be one reason why investors fear October so much despite stocks averaging a gain this time of the year: it tends to be the most volatile month of the calendar. On average, the S&P 500 posts a daily move of at least 1 percent on 10.3 percent of …

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Tech will figure out the solutions to abuse

Joshua Roberts | Reuters Jeff Bezos, president and CEO of Amazon and owner of The Washington Post, speaks at the Economic Club of Washington DC’s “Milestone Celebration Dinner” in Washington, U.S., September 13, 2018.  Amazon CEO Jeff Bezos said Wednesday Silicon Valley’s biggest problems don’t have solutions yet, but “we’ll …

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Blue Origin’s Jeff Bezos predicts 1 trillion humans in the solar system

Jim Watson | AFP | Getty Images Amazon and Blue Origin founder Jeff Bezos provides the keynote address at the Air Force Association’s Annual Air, Space & Cyber Conference in Oxen Hill, MD, on September 19, 2018. Blue Origin founder Jeff Bezos predicts we’ll have 1 trillion humans in the …

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Saudi Arabia top US weapons buyer, but doesn’t spend as much as Trump boasts

Jabin Botsford | The Washington Post | Getty Images President Donald Trump shows off posters as he talks with Crown Prince Mohammad bin Salman of the Kingdom of Saudi Arabia during a meeting in the Oval Office at the White House on Tuesday, March 20, 2018 in Washington, DC.  Last …

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US budget deficit expands to $779 billion in fiscal 2018 as spending surges

Getty Images Treasury Secretary Steven Mnuchin testifies on ‘The Annual Report of the Financial Stability Oversight Council’ before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill February 6, 2018 in Washington, DC. The U.S. federal budget deficit rose in fiscal year 2018 as spending …

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Facebook removes accounts spreading military propaganda in Myanmar

Matt McClain | The Washington Post | Getty Images Facebook CEO, Mark Zuckerberg Facebook said it removed numerous pages and accounts linked to the Myanmar military that were being used to spread propaganda to approximately 1.35 million people, the company’s latest effort to crack down on the spread of misinformation …

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Apple buys music analytics company Asaii to improve Music playlists

Stephen Lam | Reuters Tim Cook, CEO of Apple, smiles during a demonstration of the newly released Apple products following the launch event at the Steve Jobs Theater in Cupertino, California, September 12, 2018. Apple bought music analytics company Asaii, according to a LinkedIn profile update from the company’s co-founder, …

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Apple and Zimmer Biomet bring Apple Watch to people getting new knees

Justin Sullivan | Getty Images News | Getty Images Jeff Williams, chief operating officer of Apple Inc., speaks during an Apple event at the Steve Jobs Theater at Apple Park on September 12, 2018 in Cupertino, California. As Apple pushes deeper into health care with the Apple Watch, the company …

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Netflix price target slashed by Goldman Sachs and Raymond James

Goldman Sachs and Raymond James have slashed their 12-month forecasts for Netflix on concern that rising interest rates will eat away at the valuation of the high-flying internet company, which reports earnings Tuesday after the bell. Goldman on Monday laid out a bullish case for the upcoming Netflix quarterly earnings …

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Italy borrowing rates could rise further, EU officials warn

Tony Gentile | Reuters DATE IMPORTED:June 02, 2018An Italian Army parachutist hoists the Italian flag during the Republic Day military parade in Rome, Italy, June 2, 2018. The worst could be yet to come for Italy if its coalition government sticks to plans to increase public spending, according to the …

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