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Top 100 Stories to Know for 21 Mar 2018 - United States
Edward Thorp, the father of card counting and quantitative investing, fills you in on his mistakes so you don't have to repeat them.
The market is highly priced, says quant pioneer Thorp, who warns of a coming slowdown and--maybe--another severe correction.
Top performers usually check off all these boxes.
Organizers want to open the first new bank in Michigan since 2009, while a third group in Florida has filed a de novo application.
Wang He/Getty Images Brain teasers, puzzles, and optical illusions are a dime a dozen online these days. Heathrow Express is getting in on the fun with a new train puzzle. Among 27 trains, one of the... rail cars is facing the wrong way on the tracks. Keep reading to see which train is about to crash. People on the internet love to challenge themselves with viral puzzles and brain teasers. In a new puzzle created by Heathrow Express, a series of 27 different trains all appear to be traveling west. But one is going the wrong way. "This puzzle is a bit of a headscratcher but the train is in there somewhere if you look closely," a spokesman for Heathrow Express told The Mirror. "Thankfully catching the right train in real life is much easier – especially if you travel the smart way."See the...
With record inflows into equity mutual funds and ETFs, can a market top be far away?
The CEO of DoubleLine Capital called the subprime debt crisis 10 years ago. Today he sees "magical thinking" in cryptoocurrencies and bets on a low VIX.
A woman got engaged to her husband thinking he made $15 an hour as a brewer. She found out after their engagement that he had a nearly $2 million dollar trust fund. While the two do occasionally... splurge on nice dinners, they tend to live a simple life. Knowing how to invest and use the trust fund money responsibly has been stressful for the couple. In the two years since we beganMoney Diaries, we've received hundreds of submissions from fascinating women the world over with a variety of jobs, salaries, spending habits, cultural backgrounds, hobbies, side hustles, and dating lives. One reason we love Money Diaries is that it shows us how real women think about money. We're starting a series of interviews in which women discuss aspects of their financial lives that they are reluctant to...
HUD Secretary Ben Carson told lawmakers that overly rigid False Claims Act enforcement had forced lenders to suffer financially for what were just minor errors, but that lenders' fears of being sued... were dissipating.
Some execs at Tesla, which is led by CEO Elon Musk, said last week that the company is manufacturing a high ratio of flawed auto parts. Meanwhile, Musk separately said he planned a Mars spaceship but... warned that there was a good chance early passengers could die. I can understand that, especially if the same...
With the curtain rising on the Justice Department's suit to block AT&T's $85 billion acquisition of Time Warner, lawyers for both sides spent Monday arguing over what evidence should be allowed into... the case. The Justice Department asked to enter reams of internal records from AT&T and DirecTV -- both before and after their July...
Debt owed by the US hit $21 trillion last week. That's a $1 trillion rise since September. And the current increase doesn't include any debt caused by the recent Republican tax cuts. I suggest you... apologize to your kids, who'll be paying for those IOUs in the decades ahead.
The legislation, signed Monday by Gov. Rick Scott, authorizes 60- to 90-day loans of up to $1,000. It makes Florida the first state to pass a law designed to blunt the impact of the CFPB's payday... lending rule.
Bitcoin was trading at about $8,380 on Monday -- less than half its highest price. That means there is only $8,380 more to go before bitcoin is fairly priced at $0. This and all other crypto-assets... are a confidence game. And people seem to be losing confidence that they are worth anything, which is understandable...
The defunct KB Toys brand is planning a comeback -- after nearly a decade in mothballs. Hoping to capitalize on the apparent demise of Toys R Us, the California company that bought the KB brand in... 2016 is in talks with pop-up operators to open stores in malls before Black Friday, it said on Monday....
If you're looking for ground-breaking ideas that'll send shockwaves through your industry, it's time to search within.
Something is different about emerging markets this time around.
You'd have to have a total lack of emotional intelligence right now to be a United employee, and make jokes about dead dogs in front of paying customers. But that's what allegedly happened.
Asked about his $500 million yacht and $300 million French chateau, the prince said, "My personal life is something that I'd like to keep to myself."
A plan to revamp how digital revenue is taxed in Europe is expected. Dropbox is poised to go public, and tariffs on steel and aluminum will go into effect.
The price of bitcoin swung wildly Sunday, first plunging about 7% to nearly $7,000, then rallying by $700 in the span of a few hours.
Meredith Corp., the nation's largest magazine publisher, is expected to lay off up to 300 employees from the former Time Inc,. which Meredith acquired in January. The move comes at a time when... Meredith is taking steps to shop Time and Sports Illustrated, among other titles it got with the purchase.
As more and more people use mobile apps to access social media, it's important for small business marketers to know where customers are visiting, when they're looking, and what they're doing once... there. Here are the latest mobile social media app statistics.
Southwest Airlines The Boeing 737 is the best selling jetliner of all time. Through February 2018, Boeing has taken14,545 orders for the plane. Since its debut in 1967, the 737 has become a mainstay... for airlines around the world in a multitude of roles ranging from short-haul flights to work as a freighter. The Boeing 737 is ubiquitous. If you've taken a commercial flight in the last 50 years, there's good chance it was on a Boeing 737. That's because Boeing has sold a whole lot of them. Since 1965, the American aviation giant has sold a whopping 14,545 737s. Just this week, Boeing delivered the 10,000th 737, a new MAX 8 model, to Southwest Airlines. To put that into perspective, Boeing's second best selling plane, the wide-body 777, has received a little less than 2,000 orders. However,...
Wannabe hedge fund managers are itching to get in on the cryptocraze -- they just need some hand-holding getting there. Only two hands went up at a crypto event attended by dozens Thursday when a... panelist asked how many were at a hedge fund. "You're a salesman. You're always going to be a salesman," said...