Buffett: don’t expect another 50 years of outperformance at Berkshire

By Luciana Lopez, Jonathan Stempel and Jennifer Ablan NEW YORK (Reuters) – In his 50 years at the helm of Berkshire Hathaway Inc, Warren Buffett has transformed a failing textile company into a sprawling conglomerate that has vastly outperformed most of the rest of corporate America. But he now says: Do not expect a repeat […] Read more

GE to demolish a vacant buildings on Fort Wayne campus

FORT WAYNE, Ind. (AP) — General Electric plans to begin demolishing one of its 13 vacant buildings on its 32-acre campus in Fort Wayne in the next few weeks but hasn’t decided what to do with the other 12 buildings or the iconic lighted sign that sits atop one of them. The building that will […] Read more

Germany’s Schaeuble says confident Greece will fulfil bailout conditions

BERLIN (Reuters) – German Finance Minister Wolfgang Schaeuble told a German newspaper he was sure the Greek government would be able to fulfil the conditions attached to its bailout but warned that it would receive no further aid if it did not keep its promises. “The new Greek government has a lot of legitimacy with […] Read more

Owner seeks quick profit on 575 Lexington

Owner seeks quick profit on 575 Lexington Normandy Real Estate Partners, an investment firm that has scooped up several office buildings in the city at opportune moments and later sold them for quick profits, bought the building in 2012 from a partnership between Silverstein Properties and the … Read more on Crain’s New York Read more

Insurance Quote – Getting an Auto Insurance Quote

Getting an auto insurance quote online is a great system. One that will be in a position to have at least the payment of the amount of your policy if you’re in the right direction. It is not always a business that will make you feel the least expensive. Sometimes the larger companies can give […] Read more

Day Trading Tools

by robynneblume Getting Started Day trading involves trading, or speculating though a derivative such as spread betting, within the time period of a single day. Day traders tend to close their positions by the end of the day. The results with this form of trading can vary depending on the number and size of trades/speculative […] Read more

S&P 500 caps February with solid gains in best month since ’11

By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 posted its best monthly gain since October 2011 on Friday, but U.S. stocks ended lower for the day as U.S. economic growth slowed more sharply than initially thought in the fourth quarter. The S&P 500 gained 5.5 percent for the month, while the Nasdaq rose […] Read more

Mortgage rates finally acknowledge the sell-off in bonds

Why Yellen’s Humphrey-Hawkins testimony will drive markets (Part 4 of 6) (Continued from Part 3) Mortgage rates are a critical input to the housing market Mortgage rates are the lifeblood of the housing market, and the Fed's plan to help housing began with pushing rates lower in order to allow people to refinance. It also […] Read more

Dudley, top U.S. economists urge later Fed rate hike

* Dudley sees bigger risks from acting too early * Fischer says rate hike this year, getting closer * Top economists urge ‘later but steeper’ tightening (Adds Fischer’s comments) By Jonathan Spicer NEW YORK, Feb 27 (Reuters) – Raising interest rates too late is safer than acting too early, an influential Federal Reserve Read more

Millennials in the military gain a financial advantage

Millennials in the military gain a financial advantage The survey measured financial literacy, readiness for a financial emergency, goals related to loans and debt, and self-confidence in personal finances among 300 active-duty Millennials and their spouses and 1,011 civilians ages 18 to 34. Millennials … Read more on USA TODAY The Read more