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Monthly Archives: December 2019

This ETF should tell you if Elizabeth Warren has a chance in 2020

2020 Democratic Presidential candidate Senator Elizabeth Warren at a Warren Indianola Town Hall at Simpson College in Indianola, Iowa on Sunday October 20, 2019. Melina Mara via Getty Images Those in search of a real-time, market-based way to make money on the possibility that Sen. Elizabeth Warren wins the Democratic …

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The top 10 college majors American students regret the most

College is a significant investment that comes with the hope of a better, richer life. It doesn’t always work out that way. Some experts say the value of a bachelor’s degree is fading. Starting salaries for new college graduates have grown less than 1% over the past two years, remaining …

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Here’s when newlyweds will face a ‘marriage tax penalty’

Ah, the joys of new marital bliss. Now … about those tax returns. If you tied the knot this year (or plan to this month), it’s worthwhile evaluating what getting married will mean for your 2019 tax situation. While many couples will see their taxes drop, some will face a …

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Nearly 40% of Facebook’s valuation is on the line from regulatory risk, HSBC says

The Facebook logo is displayed during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images Imagine $225 billion of Facebook’s $565 billion market cap was gone. That’s how much HSBC Global Strategies said is threatened by the social media giant’s dance …

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Oracle shows buybacks can go too far

Oracle chief technology officer Larry Ellison speaks at a company event in Redwood Shores, Calif., on Aug. 7, 2018. Oracle livestream screenshot Among finance types, it’s practically an article of faith that the easiest way to use cash to boost a company’s stock is to buy back shares of its …

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Stocks on verge of year-end rally, Bespoke’s Paul Hickey predicts

The market could be on the verge of a year-end rally. According to Bespoke Investment Group’s Paul Hickey, stocks generally stage their final push for the year in mid-December — even when the month starts off weak, as this one did. “You would think you’d see strong performance throughout the …

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Aurinia more than double in one day after positive data for Lupus drug

scientists’ team work Getty Images Shares of biotech Aurinia Pharmaceuticals surged on Thursday after the company announced positive results from a trial for its lupus-related drug. The Victoria, Canada-based company rallied as much as 110% in premarket trading on Thursday after its phase three trial for drug voclosporin posted positive …

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Here’s where employers stand on 2019 bonuses

Charles Taylor | Getty Images There are less than four weeks left in the year, and your chances of a holiday gift at work are looking pretty good. About 2 in 3 companies anticipate giving workers a year-end bonus or perk, according to new data from Challenger, Gray & Christmas. The …

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Microsoft Teams has ‘weak engagement’

Slack CEO Stewart Butterfield said on Wednesday that most of Slack’s top customers use parts of Microsoft’s Office 365 suite, but are choosing Slack for messaging anyway, instead of the competing Microsoft Teams app. Following Slack’s third-quarter earnings report, Butterfield told analysts that the company now has more than 50 …

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2020 Democrats fighting over Kamala Harris’ biggest fundraisers

Democratic presidential candidates Sen. Amy Klobuchar (D-MN) (L-R), Sen. Cory Booker (D-NJ), South Bend, Indiana Mayor Pete Buttigieg, Sen. Bernie Sanders (I-VT), former Vice President Joe Biden, Sen. Elizabeth Warren (D-MA), Sen. Kamala Harris (D-CA), former tech executive Andrew Yang, former Texas congressman Beto O’Rourke, former housing secretary Julian Castro …

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