A common misconception, reinforced recently by U.S. President Donald Trump, is that the crisis in Venezuela is the natural result of a socialist system of government. While it may be true that socialism leads to market inefficiency, the causes of the ongoing crisis in Venezuela are not the […]
The CBS news magazine 60 Minutes will lead its show Sunday with a segment on “The Power of Google,” and...
Warren Buffett believes economists do not add value for investors. In a 2016 interview video clip found...
The Weinstein Company said late on Sunday that the U.S. film studio, whose ex-chairman Harvey Weinstein has been accused...
Warren Buffett offers his ‘strongest argument’ against a practice investors are doing in record numbers
Warren Buffett doesn’t recommend going into debt to buy stocks. But that’s exactly what investors are doing in record numbers. Margin-debt balances — loans individual investors take from their brokers in hopes of beefing up their portfolios and maximizing returns — rose to a record $665.72 billion in January, according […]Read more ›
The Latest on companies cutting ties with the NRA (all times Eastern): 2:15 p.m. Walmart Inc., the world’s largest retailer, says it’s not currently changing its policies related to gun purchases, but it says it already has a rigorous background check for buyers. The company stopped selling AR-15 rifles and […]Read more ›
Apple AAPL reported lower-than-expected iPhone sales in its most recent quarter, and all signs point towards its special-edition iPhone X smartphone being less desired than investors originally hoped. To skeptics, this sluggishness foreshadows Apple’s decline from its leadership position in the tech sector. But for others, Apple’s slightly-disappointing iPhone sales […]Read more ›
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Tesla Motors Inc said on Wednesday it had discontinued its resale value guarantee program that assured buyers that cars would retain value over time, and lowered the starting price of its Model X crossover, the second time it has lowered prices this year. Tesla, Silicon Valley’s electric vehicle maker, has […]Read more ›