Companies concerned about employees' money stress are spending millions to branch out beyond 401(k)s

A growing number of American companies are incentivizing workers to build upemergency funds,reported Anne Tergesen for the Wall Street Journal. SunTrust Banks has reportedly spent $18 million on its program, which gives $1,000 to employees who, in part, complete a personal finance education course and set up automatic contributions to anemergency fund. Financial experts recommend building an emergency fund with […]

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Shopify: Buy at the High?

Shopify (NYSE: SHOP) has had a huge run over the past few years. The all-in-one e-commerce platform has benefited from its first-mover advantage, industry-leading platform, "sticky" subscription customer base, and a robust payments processing platform that grows along with its customers. Leading enterprise software companies have done terrifically in this market. Software companies don't have to deal with rising input […]

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How High Can Broadcom Stock Go?

Tech giant Broadcom (NASDAQ: AVGO) is a best-in-breed business. The company has a large and thriving semiconductor business that has exposure to a number of lucrative markets, including wireless chips for premium smartphones, network infrastructure silicon, and broadband access chips. Broadcom also recently began a push into infrastructure software, which has not only boosted the company's revenue and free cash […]

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Textron Rides High on Aviation Growth, Operational Improvements

Textron (NYSE: TXT) released solid first-quarter 2019 results early Wednesday, highlighting an expected revenue decline as growth from its core aviation products was more than offset by declines at its remaining segments. But the defense and aerospace conglomerate also delivered better-than-anticipated earnings thanks to both generous capital returns and its continued focus on operational improvement, including notable progress from its […]

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2 Airlines Flying High — and 1 Jeans Company?

Not many years ago, Wall Street legend Warren Buffett described the airline industry as "a death trap for investors." Seems that times have changed. Now, he invests in many of them, and their business models look solid. On Wednesday, for example, Delta Air Lines (NYSE: DAL) — the world's second-largest passenger airline — reported its first-quarter results before the market […]

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Oil hits 2019 high as supply squeeze looms, Brent nears $70 per barrel

US poised to surpass Saudi Arabia as the world’s leading oil exporter: Report Former Shell Oil President John Hofmeister on the outlook for gas prices and a report that the U.S. will surpass Saudi Arabia as the world’s leading oil exporter. NEW YORK (Reuters) – Oil prices hit their highest of 2019 on Tuesday, with Brent crude approaching $70 a […]

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US charges Facebook with high-tech housing discrimination

FILE – In this May 16, 2012, file photo, the Facebook logo is displayed on an iPad in Philadelphia. Facebook was charged with discrimination by the U.S. Department of Housing and Urban Development because of its ad-targeting system. (AP Photo/Matt Rourke, File) The federal government charged Facebook with high-tech housing discrimination Thursday for allegedly allowing landlords and real estate brokers to […]

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McCabe-Page texts reveal high-level intel meeting after 2016 election

Newly obtained texts between Andrew McCabe and Lisa Page reveal that they mocked President Trump Fox News obtained texts between former Deputy FBI Director Andrew McCabe and former FBI lawyer Lisa Page revealing that the two shared derogatory blogs about Trump and mocked former Congressman Trey Gowdy; Catherine Herridge reports. Newly obtained text messages between former Acting FBI Director Andrew […]

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