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Monthly Archives: June 2019

Here are the jobs where the gender wage gap is the widest

John Wildgoose | Getty Images College degrees can actually widen the gender wage gap. Women with a bachelor’s degree earn 74 cents for every dollar a man with a bachelor degree makes, according to a new analysis by the U.S. Census Bureau. Among workers without a degree, in comparison, women …

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5 reasons income inequality has become a major political issue

Income inequality has captured America’s economic debate. President Donald Trump, elected with the votes of discontented blue-collar workers, slaps tariffs on allies and adversaries alike in the name of restoring yesterday’s middle-class manufacturing jobs. His 2020 Democratic challengers demand an array of federal initiatives, including higher minimum wages, tax hikes …

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Stocks just crossed a key level, according to JP Morgan chart

J.P. Morgan Chase’s Jason Hunter doesn’t think stocks are out of the woods. But the firm’s head of global fixed income and U.S. equity technical strategy believes they’re less vulnerable to another steep drop. According to Hunter, the S&P 500’s close above 2,800 on Tuesday provides a floor. It’s a …

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Closing a credit card account can hurt your credit score: Survey

skynesher | E+ | Getty Images Finally paid off that high-interest credit card balance? Great, but think twice before cutting up the plastic and closing the account. That’s because doing so won’t help your credit score — and might actually hurt it, according to Bankrate.com. More from Personal Finance:How old …

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Buy Uber because it will be a leader in the coming ‘offline era,’ Raymond James says

Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks on a webcast during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, May 10, 2019. Michael Nagle | Bloomberg | Getty Images Uber is strongly positioned …

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Tinder’s new feature lets users choose up to three sexual orientations

Tinder logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Dating app Tinder is rolling out a new feature that will let users choose up to three sexual orientations. Starting this month, the app will include a new “orientation” feature, which allows users …

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Huawei blacklist by Trump hammering Skyworks and other manufacturers

Liam Griffin, CEO of Skyworks Solutions Adam Jeffery | CNBC The Trump Administration’s blacklisting of Huawei is punishing a number of U.S. technology companies that provide components to the Chinese networking giant. The latest to publicly acknowledge the problem is chipmaker Skyworks Solutions. Skyworks lowered its quarterly earnings and revenue forecast on …

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Here’s where investors can hide out and areas they should avoid as trade tensions intensify

Traders work on the floor at the New York Stock Exchange (NYSE) in New York. Brendan McDermid | Reuters Stocks posted their first negative month of the year as trade angst deepened, and it doesn’t get easier from here since the U.S. toughened its stance on more trading partners. Now …

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Tiffany says sales to Chinese tourists are plummeting because of the trade war

A shopper carries a Tiffany & Co. retail bag on Fifth Avenue in New York, May 30, 2019. Victor J. Blue | Bloomberg | Getty Images Luxury jeweler Tiffany & Co. blamed disappointing quarterly results on a steep decline in Chinese tourism, the company said Tuesday. After slashing its full-year …

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A full breakdown of where the stock market stands today

The bad news: The opening of a second trade-war front along the U.S.-Mexico border last week dialed up fear of global economic stagnation and peaking corporate profits, further pressuring stocks and prompting an urgent rush into Treasury bonds. The good news: The surprise tariff threat on Mexico pushed Wall Street …

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