Home / 2019 / December (page 19)

Monthly Archives: December 2019

If we are in for another December market plunge, here are the places to hide out

Traders work on the floor of the New York Stock Exchange on August 14, 2019 Spencer Platt | Getty Images It’s December, markets are dropping and it feels like we’ve been here before. Stocks dropped the first two trading days of December and investors are having deja vu. The Dow …

Read More »

Dow drops 450 points after Trump says he could wait on China deal

U.S. equities sank on Tuesday after President Donald Trump suggested he may want to delay a trade deal with China until after the 2020 presidential election. The Dow Jones Industrial Average fell more than 450 points in morning trading, led lower by trade-vulnerable Apple, Caterpillar and 3M. The S&P 500 …

Read More »

French luxury stocks drop as Trump threatens heavy new tariffs

Matthew Lloyd | Getty Images Shares of French luxury goods makers, including LVMH and Hermes, dropped in European trading on Tuesday after President Donald Trump’s administration said it may place heavy tariffs on several goods. LVMH – which includes the brands Louis Vuitton and Hennessy – and Hermes each fell more …

Read More »

The other college debt crisis: Schools are going broke

HIRAM, Ohio — Small, private liberal arts colleges — a staple of American academia since before the founding of the republic — are colliding with new realities including changing demographics, ever-increasing demand for technical skills and competition with bigger and richer schools. The result, in many cases, is not pretty. …

Read More »

Nike’s valuation provides a map for Lululemon’s future, Cowen says

Lululemon is beginning to look like Nike, Cowen said on Tuesday as it raised its price target on the stock to $250. The firm said Nike’s valuation provides a map for Lululemon’s future, and that when applying Nike’s multiple to Lululemon’s financial metrics and growth opportunities, there’s a path toward …

Read More »

AMD could be at risk of a major pullback, traders warn

Stocks kicked off December on a sour note, pulling some of November’s best performers lower. Last month’s hot stocks, including Autodesk, Adobe, Target, Disney and Capri, were all under pressure at the start of the new month. One top-performing chipmaker could be among those susceptible to further weakness in the near …

Read More »

Three charts that show why Trump thinks NATO is a bad deal

The NATO summit celebrates its 70th birthday in London this week but some of the main attendees aren’t quite in the party mood. The biggest guest, President Donald Trump, has traveled to the U.K. capital to attend the meeting and join other heads of state in marking the alliance’s seven …

Read More »

Starbucks launches holiday cold brew drink as the iced beverage’s popularity soars

Starbucks Irish Cream Cold Brew holiday drink. Source: Starbucks Starbucks is launching its latest holiday drink on Friday: the Irish Cream Cold Brew. The cold brew, mixed with Irish cream syrup, comes topped with vanilla sweet cream cold foam and cocoa powder. Two years ago, Starbucks’ midseason addition to its …

Read More »

The 25 Best Children’s Books of 2019

Picture Book ImageCredit… ANOTHER, by Christian Robinson. (Atheneum, $17.99.) Robinson’s first book as both author and illustrator is a wordless story about a girl and her cat who discover a portal into another world, where children and pets encounter mirror versions of themselves. ImageCredit… GOOD BOY, by Sergio Ruzzier. (Atheneum, …

Read More »

Large investor lays out $31 million options hedge against U.S. stock market drop

FILE PHOTO: The New York Stock Exchange is pictured in the Manhattan borough of New York, September 21, 2015. REUTERS/Carlo Allegri/File Photo NEW YORK (Reuters) – Monday’s slide in U.S. stocks prompted at least one large investors to load up big on stock options that would guard against a sharper …

Read More »