Month: January 2020

We want to invest, not speculate Continue reading… …read more […]

(Bloomberg) — The already low level of interest rates in the U.S. and the rest of the industrial world could fall further, three senior central bankers said on Sunday.Speaking at the American Economic Association’s annual meeting, Federal Reserve Bank of New York President John Williams, European Central Bank chief economist Philip Lane, and Bank of England Deputy Governor Ben Broadbent all saw a possibility that so-called R star — the neutral level of interest rates that neither spurs nor restricts growth in their economies — might drop in the future.“You could see R star go lower because of demographics,” Williams …read more […]

For the full year, sales of SUVs and pickup trucks totaled more than 1 million units Continue reading… …read more […]

Orange, Iron Mountain, PLDT and Meredith present buying opportunities Continue reading… …read more […]

Insiders invest in Conagra Brands, Darden Restaurants, Gran Tierra Energy and USA Technologies Continue reading… …read more […]

Amazon.com Inc is generating lots of free cash flow, which it often uses to invest in growing its business, making the e-commerce retailer a good investment, weekly newspaper Barron’s said on Jan. 3. The company’s shares closed Friday at $1,875, which is 69 times its projected earnings this year, but the price is still sensible when compared to Amazon’s free cash flow, according to Barron’s. When the company’s financial results for 2019 are released, Wall Street analysts expect Amazon to report revenue increasing by 20% and free cash flow swelling by 28%, the newspaper said. …read more […]

Homeowners face high costs to protect their property in fire-prone areas and beyond. …read more […]

A growth stock at a value price Continue reading… …read more […]

Boeing Co and the Federal Aviation Administration (FAA) confirmed on Sunday they are reviewing a wiring issue that could potentially cause a short circuit on the grounded 737 MAX. The New York Times reported Boeing is reviewing whether two bundles of wiring are too close together, which could lead to a short circuit and potentially result in a crash if pilots did not respond appropriately. Boeing is currently working to design separating the wiring bundles if necessary and conducting extensive analysis to establish if the electrical fault could occur in a real-world scenario, a company official said. …read more […]

(Bloomberg) — The U.S. and the euro area face daunting economic challenges in a world of low inflation and interest rates and central banks alone don’t have the tools to cope.That’s the message delivered to the American Economic Association’s annual meeting on Sunday by former European Central Bank President Mario Draghi and ex-Federal Reserve Chair Janet Yellen.“I believe that for the euro area there is some risk of Japanification, but it is by no means a foregone conclusion” if it acts comprehensively to avoid a deflationary malaise, Draghi said via a video link to the conference in San Diego. “The …read more […]

The 2021 Mustang Mach-E has triggered a rapid response at Ford dealerships nationally as pony car collectors and others pivot to the all-electric SUV. …read more […]

(Bloomberg) — As the U.S. awaits possible retribution over a recent airstrike that killed a top general, there’s at least one American businessman who can attest, in detail, to what happened after he provoked Iran.In October 2013, Sheldon Adelson, the casino magnate and prominent supporter of conservative politicians and Israel, appeared on a panel in New York in which he suggested that the U.S. could send a message to Iran, regarding its nuclear ambitions, by detonating an American warhead in the middle of the Iranian desert.“You want to be wiped out? Go ahead and take a tough position,” said Adelson, …read more […]

(Bloomberg) — Would you give up Facebook for one month in exchange for $50?The question, posed by MIT’s Erik Brynjolfsson and four co-authors of a new paper, may help economists get a better measure of the extent to which new, free technologies are reshaping the economy and our lives. The answer, unsurprisingly, is a lot.They estimate that the social network by itself could add as much as 0.11 percentage points annually to U.S. gross domestic product if measured by its benefit to users. The paper was presented Saturday at the annual meeting of the American Economic Association in San Diego.The …read more […]