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Financial News of the Day

 

Fallen angels? Victoria's Secret sales plunge

23-02-2017

Fallen angels? Victoria's Secret sales plunge

Sex apparently didn't sell for Victoria's Secret on Valentine's Day. The company that owns the lingerie and intimate apparel chain -- and is famous for its models wearing angel wings -- warned that this month's sales are not going to set investors' hearts aflame. L Brands, which also owns Bath &... Read more

How Donald Trump Is Helping and Hurting Obamacare at the Same Time

21-02-2017

How Donald Trump Is Helping and Hurting Obamacare at the Same Time

While the Trump administration pursues plans to repeal and replace Obamacare, it is making some seemingly conflicting moves aimed at the current system. One federal agency has proposed changes to shore up the Obamacare health-insurance marketplaces, while a separate decision by the Internal Revenue Service weakens an incentive for consumers to... Read more

Where coal is still king

20-02-2017

Where coal is still king

WAYNESBURG, Pa. — Two weeks after Derek Cisar's wife gave birth to their son, the 36-year-old coal miner had to tell her he'd lost his job. "It wasn't because there wasn't any work," he said, moments after emerging from the underground mine. "Things in the industry in our area had started... Read more

Target's Lackluster Holiday Sales Signal Broad Industry Changes Ahead

18-01-2017

Target's Lackluster Holiday Sales Signal Broad Industry Changes Ahead

Consumers gleefully reached deep into their pocketbooks during the critical holiday-shopping season last year, but more evidence is surfacing that cheer was on short supply at many traditional retailers. Target (TGT) on Wednesday said sales in November and December at stores open for at least a year fell 3% thanks... Read more

Top Ten: Weekend roundup: How airlines c…

25-02-2017

Top Ten: Weekend roundup: How airlines can annoy you even more | Unions and the middle class | Weighing Snap’s IPO

MarketWatch rounded up 10 of its most interesting articles published over the past week . 1. American Airlines and its nine lines for getting on your flight Kari Paul explains why the new “simplified boarding... Read more

Jeff Reeves's Strength in Numbers: Here’…

25-02-2017

Jeff Reeves's Strength in Numbers: Here’s how inflation will impact your portfolio in 2017

The threat of inflation is very vivid in the minds of some investors, featuring prices that spiral ever higher and eat into both family budgets and the value of their savings. And after the Bureau... Read more

America’s battle with drugs: Fatal overd…

25-02-2017

America’s battle with drugs: Fatal overdoses spike among white, middle-aged men

America appears to be losing its battle against drug addiction. The rate of drug overdose deaths in the U.S. in 2015, adjusted for age, was more than 2.5 times the rate in 1999, according to... Read more

Why you should take bizarre job intervie…

25-02-2017

Why you should take bizarre job interview questions very seriously

In 2017, many employers want to know more than just your strengths and weaknesses — something they can learn from your references. So they’re asking far more probing interview questions. Like first dates, job interviews... Read more

No 'Nerd Prom' for Trump as president sa…

25-02-2017

President Donald Trumpsaid on Saturday he would not attend the White House Correspondent's Association Dinner, an annual parade of celebrities, journalists and politicians that in recent years has drawn fire for being too opulent and self-indulgent.Amid tensions between the White House and the national media... Read more

Democrats elect Tom Perez as new DNC cha…

25-02-2017

Mayor Pete Buttigeig of South Bend, Indiana, did not make it to the voting process, announcing during his nomination speech that he would be exiting the race. Buttigeig, 35, built a national profile as an emerging dark horse in the race for the chairmanship with... Read more

The American Greed Report: Don’t get stu…

25-02-2017

"It's a very large number of these boosters who would steal anything from a TV to flea medicine. They bring them back to him, and then he would resell it. And in this case, he was reselling it 50 cents on the dollar for retail... Read more

UPS tests drone deliveries via high-tech…

25-02-2017

UPS tested out home delivery via drone this week in Florida, moving closer toward a more automated delivery process.The drone took off from the roof of a modified delivery truck, equipped with a high-tech docking bay, then dropped off package before returning.The company does not... Read more

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