The Fiscal TimesSwiss Central Bank Continues Intervening in Currency Market, Data SuggestWall Street JournalZURICH—New data published on Friday by the Swiss National Bank suggest it bought around 60 billion Swiss francs (around $65 billion) worth of foreign currencies last month to blunt the surge in the Swiss franc's value, even …
Category: Finance
Here’s the real science behind time travel
Most people usually write off the idea of time travel as fantasy. But in reality, it occurs all the time – in small ways – as the result of time dilation. Produced by Alex Kuzoian. Special thanks to Jessica Orwig. Follow BI Video: On Facebook For more Science videos: Subscribe to our …
Partial Early Option Assignment on TLT
I woke up to the following email from Interactive Brokers this morning: Notification of Option Assignment This communication serves to inform you that an assignment notice has been issued for the short option contracts held in [your account]. The email didn’t say which options were assigned, but I figured …
Home price gains weakened in December on slower sales
U.S. home values rose at a modest pace in December, a sign there are too few potential buyers to bid up prices. Real estate data provider CoreLogic says home prices rose 5 percent in December from 12 months earlier.
Weddings? Babies? Now college kids are registering for gifts too
Gift registries aren’t just for weddings and baby showers. More and more college-bound students are directing family and friends to their online registries.
Amazon’s (Positive) Free Shipping Policy Change
Amazon has made a subtle change to their free shipping on orders over $35 policy (for users that don’t pay extra for Amazon Prime). Via LA Times and krutis of FW. There are now more than triple the number of items you can use to meet Amazon’s minimum $35 …
New Trade: Long Microsoft ($MSFT) and short Adobe Systems Inc ($ADBE)
After a more difficult start to the year, things are now back and my overall picks are back in the black. Today I’m back with my 4th pick, I’ll try to pick up the pace a bit. Apple has been a very big help in getting things back …
2015 Outlook: What You Really Need to Know
By Jeff Clark, Senior Precious Metals AnalystIn the January issue of BIG GOLD, I interviewed 17 analysts, economists, and authors on what they expect for gold in 2015. Some of those included what we affectionately call our Casey Brain Trust—Doug Casey, Olivier Garret, Bud Conrad, David Galland, Marin Katusa, Louis James, and …
Ford Truck Sales Rebound in a Big Way
After several months where sales were negatively impacted by consumers awaiting the new revamped F-150 truck, sales of Ford trucks rebounded in a big way in the month of January. In the first month of 2015, Ford announced sales of 54,370 F-series trucks, representing a 17{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} increase versus of January of …
The IRS Might Eat Your Frequent-Flier Miles
Frequent-flier miles awarded for opening new accounts sometimes come with a big catch: taxes
Buy the stock that allows Streaming in your Car
The stock is Harman International Industries Inc. (HAR) Harman International Industries Inc. (HAR) is enjoying a great earnings call and a boost from Jim Cramer. It is trading at a 52 week high around $132 a share. This company could soon be in every new car that will connect the internet…
The Five Most Important Factors for Your Investment Success
More than any other factor, the rate at which you put money away will impact your investing results. If you’re new to investing, it’s pretty easy to feel overwhelmed. There are strange words to figure out, complicated ideas to understand, new decisions to make, and plenty of conflicting …
U.S. FDA approves Pfizer’s high profile breast cancer drug
The U.S. Food and Drug Administration on Tuesday approved Pfizer Inc's Ibrance, a potential new standard of care for advanced breast cancer, in a regulatory decision that came more than two months earlier than expected. Wall Street has considered the drug, whose chemical name is palbociclib, to be …
Update: Gilead Gives Up Gains Despite Q4 Beat and This is Why
Gilead Sciences (GILD) was climbing in late trading on its better-than-expected fourth quarter. Gilead said it earned $2.43 a share on revenue of $7.31 billion. Analysts were looking for earnings of $2.16 on revenue of $6.67 billion. It also announced a $15 billion share repurchase program. As for …
5 Tax Red Flags That Can Lead to an IRS Audit
Many Americans will file their income tax return early before the April 15 deadline to receive their tax refund. Some IRS audits are randomly selected and based solely on a statistical formula, the IRS says, but other audits can happen when documents simply don't add up. Greg McBride, chief financial …
6 Ways You Can Emulate Top Brands
There is a distinct difference between your “brand” and your “branding.” Your brand is you. Your branding is you in action. Your brand is who you are, what you stand for, your values, DNA personality and essence. We are tangible, real entities, that create a brand image of ourselves …
Testy Tuesday – Back to our Strong Bounce Lines Again
Boy this is fun! ; It sure is fun for those of us getting in and out of our Futures trades as the lines have been fairly reliable in the channels as we make lower lows and lower highs on the way down, with plenty of up and down action in…
U.S. homeownership hits 20-year low, but new households growing
U.S. homeownership fell to a 20-year low in the fourth quarter, but a sharp rebound in the rate at which Americans are setting up home is expected to help drive a pick-up in housing. Household formation, however, more than quadrupled to 1.7 million in the fourth quarter from only 356,000 …