My sharpest tool as a long-term investor is what is commonly known as a lazy portfolio, and it’s a great way for regular people to efficiently grow their assets, easily diversify away unsystematic risk and pay the lowest fees to do it. I think it’s “foxy” for several reasons. 1. It’s easy to understand. When
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Michael Fein | Bloomberg | Getty Images An employee works in a lab at Momenta Pharmaceuticals in Cambridge, Massachusetts. Hikma Pharmaceuticals Plc’s U.S. subsidiary has raised the price of a common diarrhea drug by more than 400 percent and is charging more for five other medicines as well, the Financial Times reported on Sunday. West-Ward
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There was “no single moment” that made her want to quit, but speaking with fintech entrepreneurs in Australia and the United States gave her a realization of how she wanted to change retail banking. “I started thinking about a bank that really focused on doing a couple of things well, that was all about everyday
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What is encouraged, however, are investments that fall along the lines of China’s “One Belt, One Road” framework. That giant foreign policy plan seeks to invest billions abroad and shore up influence by strengthening China’s infrastructure and trade links with the rest of the world. Beijing is also supporting investments in energy resources exploration, agriculture,
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Like fruity Trix, most people think back-to-school shopping is just for kids. But the bargains aren’t just on school supplies. Nearly everyone can benefit from some of the best discounts of the year right now, according to Brad Wilson, editor in chief of the deal site Bradsdeals.com, particularly on technology, apparel and basic consumer staples
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Online lending startups looking to raise money now have to answer one important question that didn’t get asked much in the past: how do avoid the fate of early pioneers like Lending Club or On Deck, which have lost nearly 80 percent of their value since going public in 2014. At least that’s what Bluevine
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He heaped praise on Jared Kushner at a private gathering of bankers and corporate executives in December, congratulating President Trump’s son-in-law on the surprise election triumph. He stood up again in May before a group of corporate leaders on the 39th floor of Citigroup’s offices to remind them of all the good the Trump administration
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Chris Walters, chief executive officer of Gradfin, another student loan repayment and management tech platform, said the tax code is keeping plenty of interested employers on the sidelines. “If an employer contributes $100 a month toward student loan repayment, it costs $107.65 a month because it is treated as compensation and requires paying the employer
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Target is expanding its clothing line for kids, this time catering to those children with special needs. Stemming from the success of Target’s private label, Cat & Jack, the retailer has rolled out a sensory-friendly selection for kids with processing sensitivities. The pieces include heat-transferred labels in place of tags, flat seams, and one-dimensional graphic
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While the attention is on leaked emails, that’s not to say Hollywood isn’t worried about piracy. On online forums where criminals “advertise their ill-gotten gains,” there is now entertainment content “popping up as basically sections of these websites,” Rasmussen said. Some people believe that video leaks can help gin up media and viewer attention for
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President Donald Trump‘s popularity is falling due to his controversial comments about the white supremacist rally in Charlottesville, Virginia. That will have negative implications for the administration’s agenda this year, according to a Goldman Sachs economist. The firm cited Trump’s poll approval ratings, which fell to 37 percent on average this week versus 38 percent
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Any shake-ups in the Trump White House won’t fundamentally change the story in stocks, money manager and popular blogger Josh Brown told CNBC on Friday. U.S. stocks turned higher Friday after a report by The New York Times said that President Donald Trump has removed his chief strategist, Steve Bannon. Axios first reported that Bannon
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Bitcoin has had a stellar year and one of Wall Street’s top strategists thinks it can rise 40 percent more by next year. Tom Lee, co-founder of Fundstrat Global Advisors, established a mid-2018 target of $6,000 on the cryptocurrency. Bitcoin traded at $4,284.14 on Friday, according to Coindesk. For the year, bitcoin has surged nearly
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