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Snap’s first-ever earnings were a big miss — and the tweets are hilarious

Snap’s first-ever earnings were a big miss — and the tweets are hilarious The social network Snap, which went public in March in a frenzied $ 33 billion initial public offering, on Wednesday reported earnings for the first time. It wildly missed analysts’ projections for revenue and the number of users it added to its […]

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Upside, Downside Or Sideways: What Signals Were Sent By Year-End Mutual Fund Flows?

Upside, Downside Or Sideways: What Signals Were Sent By Year-End Mutual Fund Flows? End of the year 2015 saw significant outflows in both stock and bond funds with inflows into municipal mutual funds. Two alternative theories could explain these movements-either noise in the mutual fund market or a signal of the correction to come. Continue […]

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GOLDMAN SACHS: We’re investing deeply in artificial intelligence

GOLDMAN SACHS: We’re investing deeply in artificial intelligence Goldman Sachs is going big on big data. Don Duet, cohead of the bank’s technology division, said the firm was investing deeply in artificial intelligence and machine learning. “You know, we see that the ability to take data and help turn it into … Continue reading at […]

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Personal finance: Lick your wounds: Neither stocks nor bonds were kind last year

Personal finance: Lick your wounds: Neither stocks nor bonds were kind last year After a dismal stock finish to 2015, your natural conclusion might be: Why did I bother? If you glance at the markets and stock funds in your 401(k), IRA or college fund and subtract the money you plopped into the accounts during […]

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Personal finance: Lick your wounds: Neither stocks nor bonds were kind last year

Personal finance: Lick your wounds: Neither stocks nor bonds were kind last year After a dismal stock finish to 2015, your natural conclusion might be: Why did I bother? If you glance at the markets and stock funds in your 401(k), IRA or college fund and subtract the money you plopped into the accounts during […]

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Inside Third Avenue Management, where employees were terrified to bring bad news to the boss

Inside Third Avenue Management, where employees were terrified to bring bad news to the boss BOSTON (Reuters) – In the months before the blowup of Third Avenue’s junk bond fund in early December, investors and financial advisors called the New York-based investment company to voice their concerns about the growing percentage of hard-to-trade … Continue […]

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6 personal finance lessons we wish were taught in school

6 personal finance lessons we wish were taught in school One important lesson: Compound interest could be your best friend or worst enemy. (Photo: Getty Images/iStockphoto) Financial literacy is a big problem in the United States. In a recent study, only 9.4% of American students performed at the top level in a … Continue reading […]

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