Warren Buffett believes economists do not add value for investors. In a 2016 interview video clip found using CNBC’s Warren Buffett Archive, the billionaire investor explained why he does not give much credence to financial market predictions from economists. “I don’t pay any attention to what economists say, […]
D.P. Coffee club needs to hire more unemployed people and buy more supplies. Hello, friends, my name is Dorise Powell...
Two big technology companies this week provided more evidence that the global economy is slowing and possibly even headed...
The war on cash is escalating faster than many had imagined. Having documented the growing calls from the elites and...
RBS has advised clients to brace for a “cataclysmic year” and a global deflationary crisis, warning that the major stock markets could fall by a fifth and oil may reach US$16 a barrel. The bank’s credit team said markets are flashing the same stress alerts as they did before the […]Read more ›
Before you waste your hard-earned money on buying a Powerball ticket in anticipation of the $1.3 billion drawing this Wednesday, you ought to know that the winner has already been chosen. MarketWatch contributor Cullen Roche, founder of Orcam Financial Group LLC, explained that “the real winner of the lottery system […]Read more ›
An overnight drop in stock prices in Asia and Europe provides a dismal backdrop for the first trading day of 2016. The Dow Jones futures were down 287 points at 17,054.0, the S&P 500 futures declined 32.4 points to 2,003.0 and the Nasdaq futures fell 89.0 points to 4,498.8 shortly […]Read more ›
NEW YORK - If you’ve ever backed a project or business on crowdfunding sites Kickstarter or Indiegogo, you probably came away with some swag, a movie ticket or a discount on a soon-to-be-released product. Soon, you’ll be able to go to similar sites and come away with something potentially more valuable: […]Read more ›
A Federal Reserve proposal on Friday would give large banks another buffer, designed to reduce the “too big to fail” perception of big institutions. Banks will need a debt and a capital cushion equal to 16 percent of risk-weighted assets by 2019 and 18 percent by 2022. The Fed’s rule […]Read more ›