Warren Buffett’s fans know that he views Benjamin Graham’s “The Intelligent Investor” as the book that changed his life by introducing him to security analysis. Indeed, some financial advisers cite this 1949 classic as an invaluable resource. Yet the books that most influence financial planners often revolve around non-monetary subjects including gratitude, goal attainment, and […]
Democrat Adam Schiff’s committee formally presented its findings to the House Judiciary Committee on Monday, bringing the House one step closer to a formal vote to impeach President Trump. “The evidence is overwhelming that the president abused his power by pressuring Ukraine and its new president to investigate a political opponent,” said Barry Berke, staff attorney for […]
In financial markets, being like Japan isn’t a good thing — representing having few investment opportunities and nonexistent inflation. So an examination of the risk of Japanification outside of Japan — by a firm that should know, the Japanese broker Nomura — is an interesting exercise. Nomura strategist Naka Matsuzawa outlined 10 characteristics of Japanification, […]
Dear Moneyist, I recently found out through a DNA test through 23andMe that my “daughter” isn’t mine. I was forced to marry, thinking the baby was mine. My wife passed away in 1990. Can I claim back child support from the biological father? I reside in Pennsylvania. Thank you. Al K. Also see: Can I […]
You can count on European governments to be missing in action again in 2020, as they were this year, when urged to help steer the continent’s economy out of its current slump. They remain divided, reluctant to reform either their own economies or the eurozone’s institutions, and the major powers are turning inward, focused more […]
Gold futures headed higher Friday morning as weakness in the U.S. dollar helped to prop up the yellow metal ahead of a policy update from the Federal Reserve due in the middle of the week and a U.K. general election that could roil markets. February gold GCG20, +0.23% on Comex picked up $3.70, or 0.3%, […]
MARKETWATCH FRONT PAGE You might think the hard-money, recession-at-every-corner crowd would be predicting an imminent reversal in the stock market given the 20% gain for the Dow Jones Industrial Average this year. Not necessarily. See full story. Sanofi to acquire Synthorx for $2.5 billion The French pharmaceutical company said it plans to take control of […]
Key Point: We’ll probably never know what happened. Russian diesel subs chased a British nuclear sub off the Syrian coast, according to British media. The incident reportedly involved one or two Russian Kilo-class diesel-powered submarines, which have been dubbed the “Black Hole” by Western navies because they are remarkably quiet. Their prey was a British Astute-class […]
By Tim McLaughlin BOSTON (Reuters) – This city’s deepest wound – the 2013 Boston Marathon bombings that killed three and injured hundreds more – will be re-examined Thursday when lawyers for bomber Dzhokhar Tsarnaev seek to have his death sentence lifted because the jury pool was too traumatized to render a fair verdict. The then-19-year […]
1 / 6 Police personnel and ambulances line up to aid victims of the deadly blaze that ripped through a four-storey bag factory in New Delhi Police personnel and ambulances line up to aid victims of the deadly blaze that ripped through a four-storey bag factory in New Delhi (AFP Photo/Sajjad HUSSAIN) At least 43 […]