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Financial News of the Day

 

Aetna's Obamacare pullout means the 'insurance death spiral' has arrived

18-08-2016

Aetna's Obamacare pullout means the 'insurance death spiral' has arrived

Aetna the nation's fourth-largest health insurer, just decided to stop offering plans on Obamacare's exchanges in all but four states in 2017. The firm says that it was losing roughly $300 million per year on these policies. And it projected that its losses would only increase, since the share of... Read more

Ad blockers strike back against Facebook

12-08-2016

Ad blockers strike back against Facebook

Adblock Plus has released a new tool for people who really don't want to see adverts on Facebook, just as Facebook thought it had won back control of its feeds on desktops. Adblock is one of the most prominent pieces of open source software designed to keep your social media free... Read more

Three in four female small business owners say glass ceiling still exists

05-08-2016

Three in four female small business owners say glass ceiling still exists

The US may have the first female presidential nominee of a major political party in Hillary Clinton, but the glass ceiling for American women is far from shattered. According to a new survey, three in four female business owners believe women and minorities face almost insurmountable barriers to the top... Read more

Retailers look to high tech to hook store visitors

01-08-2016

Retailers look to high tech to hook store visitors

The store, that basic building block of commerce, is emerging as a high-tech laboratory. All sorts of things are bubbling up — from exotica such as holograms and virtual reality to more-prosaic but potentially more-useful technology — as legacy retailers seek to merge their physical outposts with the online world. The transformation... Read more

The Wall Street Journal: Obama pledges s…

23-08-2016

The Wall Street Journal: Obama pledges support to Louisiana flood victims

President Barack Obama traveled to the Baton Rouge, La., area on Tuesday to pledge federal support to repair the damage from some of the worst flooding to hit the U.S. in years, while also calling... Read more

Elon Musk, SolarCity execs to buy most o…

23-08-2016

Elon Musk, SolarCity execs to buy most of SolarCity bond offering

As SolarCity Corp. prepares to be acquired by Tesla Motors Inc., the leaders of those two companies are putting millions of dollars toward the solar installer’s latest round of debt.... Read more

Personal Finance Daily: What makes Tesla…

23-08-2016

Personal Finance Daily: What makes Tesla special and 6 strange facts about billionaires

Happy Tuesday, MarketWatchers! We’re back in that mid-week grind. Keep up the good work and catch up on these top stories in personal finance today. Personal Finance 10 things that make electric-car maker Tesla special... Read more

Market Snapshot: S&P 500, Nasdaq clo…

23-08-2016

Market Snapshot: S&P 500, Nasdaq close near records as housing data boosts stocks

U.S. stocks closed in positive territory on Tuesday, but off the best levels of the session, after upbeat data on U.S. new-home sales and a stronger-than-expected gauge of European private-sector activity. The Nasdaq Composite briefly... Read more

Judge approves Remington rifle settlemen…

23-08-2016

The federal judge overseeing a proposed class action settlement involving millions of allegedly defective Remington firearms says the parties can go ahead with a revised plan to notify gun owners of their right to get the triggers replaced. But in a unique twist,... Read more

Cramer Remix: Make no mistake, this move…

23-08-2016

Packaged food companies have also had a strong run this year, but with the possibility of a rate hike once again on the table, Cramer worries about the future of many high-yielding bond market alternative stocks like General Mills. General Mills... Read more

Traders move into homebuilders and home …

23-08-2016

Disclosures: TIM SEYMOUR Tim Seymour is long APC, AVP, BAC, BBRY, CLF, DAL, DO, DVYE, EDC, EWZ, F, FB, FCX, FXI, GM, GOOGL, GRMN, GE, INTC, LQD, M, MCD, MPEL, NKE, RACE, RAI, RH, RL, SINA, T, TWTR, UA, VALE,... Read more

Cash-burn companies not always bad inves…

23-08-2016

He believes it's important to look at the underlying business when deciding whether to invest. "You've got to make a judgment on what that business will look like if the company makes it. You've got to be an optimist. You... Read more

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