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NEWS | May 27, 2019

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Legg Mason to Cut 120 Jobs as Reality Bites With Activist Peltz on Board

An announcement on job cuts comes just days after legendary corporate raider Nelson Peltz and his investment firm, Trian Fund Management, won two seats on Legg Mason's board of directors.
5 Arguments For And 5 Against Tax Cuts

Tax reform has passed the House and may become law. Here are five of the strongest arguments for it, and five of the strongest against.
How a Chinese Restriction on 'Rare Earths' Could Threaten Apple

China is the world's supplier of rare earths. Export restrictions could be bad news for Apple investors.
Jussie Smollett’s Case File Ordered Unsealed

A judge in Chicago ordered the file in Jussie Smollett's criminal case unsealed Thursday, saying the actor's actions did not appear to be those of someone seeking to maintain his privacy, the AP reports. The order by Cook County Circuit Court Judge Steven Watkins follows requests by the AP, the...
Paper Plate That Once Held Kurt Cobain's Pizza Sells for $22K

On April 23, 1990, Nirvana's Kurt Cobain enjoyed a slice of pre-show pizza, then scribbled a set list on the back of the paper plate the pizza once sat on. Someone has now purchased that plate, its black-marker scrawl intact, for a whole lot of money. Julien's Auctions announced the...
Trump's Surprise Decision on Healthcare Might Send Your Insurance Premium Up 25%

Trump is now trying to dismantle Obamacare by executive order. Here's how the decision it will affect your bottom line.
Tax Reform: 5 Things You Must Know This Week

As tax reform debates continue in Washington, here are five issues that have come up in the past week alone.
Your Money Shouldn't Have to Support the Harvey Weinsteins of the World

Every month seems to bring a new company into the crosshairs of sexual harassment and discrimination. Your money doesn't need to be involved. How to take a moral stance by moving your money.
33 Dogs Who Would Like You To Pretend This Never Happened

These doggies are definitely having a worse day than you.
7 ways the Fed's interest rate decisions affect you

There may be one more rate hike this year. See how it could affect your money.
North Korea dubs Bolton's missile comments 'more than ignorant': KCNA

By Josh Smith SEOUL (Reuters) - U.S. National Security Adviser John Bolton is "more than ignorant" to argue that North Korea's recent missile tests violated U.N.
7 steps to taking advantage of a VA loan

Veterans Affairs mortgage loans are making a comeback after being out of favor for several years.
Asia shares come off four-month low, euro steady after fragmented EU vote

By Tomo Uetake and Shinichi Saoshiro TOKYO (Reuters) - Asia stocks inched up but remained near four-month lows on Monday amid concerns about U.S.-China tensions while the euro stayed in a narrow range
Nationalists surge in EU Parliament vote, but pro-EU parties remain dominant

By Robin Emmott BRUSSELS (Reuters) - Pro-European parties retained a firm grip on the EU parliament, provisional results from the bloc's elections showed on Monday, though eurosceptic opponents saw
Wall Street Wonders if Trump Is Bluffing

Trump's Huawei reversal created a sea of green. The S&P 500 avoided breaking support, and the VIX showed underlying bullishness.
Economic Value vs. Market Value: What's the Difference?

Market value is based on supply and demand and is the price or amount that someone is willing to pay in the market. Economic value is the measurement of the benefit derived from a good or service to an individual or a company.
Will Found Under Aretha Franklin's Couch Cushions

Three wills have been found in the suburban Detroit home of Aretha Franklin nearly a year after her death, including one that was discovered under cushions in the living room, a lawyer said Monday. Franklin was 76 when she died last August of pancreatic cancer. Lawyers and family members said...
What Is and Isn't Covered by Homeowner's Insurance

Understanding what your insurance covers can be confusing. Learn what almost all insurance policies have in common so you're prepared if disaster strikes.
Trump Posts Surprising Tweet on Japan Trip

President Trump posted a tweet that likely surprised his Japanese hosts before they courted him Sunday with cheeseburgers, sumo-wrestling, and golf: "North Korea fired off some small weapons, which disturbed some of my people, and others, but not me," Trump tweeted Saturday, referring to short-range weapons that are often aimed...
Use a personal loan for home improvements?

See 5 reasons why a personal loan beats a home equity loan or line of credit.
6 vital things to do before you buy a home

You've decided to buy. Congrats! Now it's time to get your financial house in order.
5 tricks to sweeten your savings a little at a time

Contribute small sums of money to your savings to get that powerful snowball effect.
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New York Mysteries: The Outbreak

Be transported to the New York of the late 1960s. Laura, and her trusty workmate Will are investigating the complex case of a bizarre disease that’s plaguing the city! Together, you discover that it might have something to do with a mysterious artifact preserved in the archives of a secret order. There is a shadow hanging over New York City and time is running out!


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