Finance
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1.1KThe stock market is relying more than ever on the world’s hottest investment product
Traders scrambling to invest in ETFs.Reuters / Kevin Lamarque As one of the most important drivers of the eight-year equity bull market...
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981Flawed ‘gravity model’ Brexit predictions were ‘overly pessimistic’ about the economy, study says
Brexit secretary David Davis greets the EU’s chief negotiator Michael BarnierReuters The estimates of the economic impact of Brexit were “overly pessimistic,”...
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1.2KBusiness groups attack May’s new EU national plans for their ‘lack of clarity’
Chris J Ratcliffe / Getty LONDON — Business groups have hit back at new plans for EU nationals living in the UK...
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1.1KApple is crushing the Swiss watch industry — and one brand is particularly vulnerable (AAPL, FOSL)
Tom Pennington/Getty Smartwatches are taking over our wrists, and it’s likely to get worse for traditional Swiss watchmakers, according to UBS. The...
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2.3KConsumer confidence in the UK plummets in wake of the hung parliament
Photo by Jack Taylor/Getty Images LONDON — New data show consumer confidence has slumped in the wake of the UK’s hung parliament,...
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1.2KThe CBO report shows how the Senate healthcare bill could crush low-income Americans
The Congressional Budget Office released its projections for the effects of the Senate Republican healthcare bill on Monday. The report showed how...
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1.2KThe Russian ‘bank’ whose boss met with Jared Kushner keeps popping up as the Trump-Putin story unfolds
Jared Kushner at the Trump International Golf Club.Drew Angerer/Getty Images Three letters keep appearing in stories about Russia’s role in the US...
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1.4K$3.7 BILLION HEDGE FUND: This market doesn’t make any sense (AAPL)
Jason Karp.Milken Institute The stock market’s seemingly endless gains don’t make much sense, according to a $3.7 billion hedge fund. More than...
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1.2KA crucial stock market indicator just got its most bullish reading on record
A running bull in Pamplona gets in the stock-buying spirit.REUTERS/Desmond Boylan How low can the VIX go? That seems to be the...
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1.3KMedicaid cuts in the Senate healthcare bill could be brutal for people living in nursing homes
The cut in Medicaid funding could have devastating consequences for those living in nursing homes.Getty Images/Andrew Burton Medicaid covers health care expenses...