Right now, Jim Cramer sees companies at war all over the place. They have two choices, either get involved in a deal to kill competition and gain customers or be held hostage by events overseas.
A war for the inside of your cellphone, a war for the connections to your home or your car or even your watch, and were witnessing an unprecedented merger frenzy thats roiling the entire market, the Mad Money host said. (Tweet This)
The negatives overseas are something that has been floating around for ages, yet they have an uncanny ability to overpower stocks. And when issues such as the Greek situation and a slowdown in China take hold of stocks, the whole market can be brought...
NORFOLK, Va. (WAVY) — A college student is accusing a local bishop of stiffing him out of money.
Trae Coles, who lives in Richmond, said he got a call from his aunt in early May. She told him about an inquiry from Bishop Kendrick Turner in Norfolk, who needed a sound crew for a church revival event. Coles jumped at the chance to make some extra money and signed a contract with Temple of Praise Outreach and its founder, Bishop Turner.
CLARKSVILLE, Tenn. – Prosecutors weaved together the states case Friday against two lawyers accused of extortion by claiming that at the time they allegedly pressured a client to pay them $50,000, they had just wrongfully taken $50,000 from another clients escrow account to buy a building.
Clarksville attorney Carrie Gasaway and Adams attorney Fletcher Long are each on trial for one count of extortion, accused of trying to coerce client Michelle Langlois to pay them more money than she owed them for helping with her fathers will reading and estate.
Langlois claimed she hired Gasaway and Long to attend her fathers will reading in October 2010, initially agreeing only to pay their...
Goldman Sachs, one of the most profitable banks in the history of Wall Street, figured out a way to monetize relationships with its star traders, even as they left the firm in the wake of the financial crisis.
Goldman (along with other big banks) still had to find an opportunity to monetize ex-star traders. So it added its own stars to its own hedge fund platforms, which let Goldman simultaneously earn fees from valuable client relationships and make money from hedge fund managers that were quitting to launch their own funds.
But lets step back for a second.
Goldman Sachs’ trading desks once fueled massive profits for the investment bank — but that changed...
Carl Richards, a financial planner and author of The One-Page Financial Plan: A Simple Way to Be Smart About Your Money, is known for boiling down essential money advice into a simple sketch that could fit on a napkin.
In the one above, Richards looks at the question that should guide your savings goals: Where do you want to go?
When you plan a trip, you decide where to go first.
Then, you weigh your travel options, like whether to fly or drive. After all, driving wont get you to Paris if youre starting in New York.
You need to use the same logic with money. Yes, you may want to save money, but for what purpose?
NEW YORK (TheStreet) — Were nowhere near the level where interest rates can hurtthe economy, Jim Cramer told his Mad Money viewers Tuesday. Thats why hes using the bond-induced weakness in the markets to do some buy, buy, buying.
When positive things happen, stocks tend to go higher. That may seem like a simple notion but for many bond traders, the fact that European interest rates are creeping higher because, well, things are actually getting a little better, can only mean Sell everything.