BizTechNews

Wolff: Why we embrace Trump as a ‘businessman’

What is it with this idea of the “businessman?” Important parts of the Republican base failed to warm to Mitt Romney in part because he was a 1% businessman and financier — an extremely successful one. But big parts of that same base now rationalize their support of Donald Trump because he is such a good businessman. In fact, Romney, a ...

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The Safest Cities in America

The FBI reported Monday that 1,197,704 violent crimes were committed in 2015, up 3.9% from 2014. While the increase is discouraging, it is by no means a crime wave. Some areas have serious crime problems, but there are a number of U.S. cities where violence is a rare occurrence. 24/7 Wall St. reviewed violent crime rates in major U.S. cities ...

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Protests Mount After Teen Carnell Snell Jr. Shot and Killed By LAPD

The 18-year-old’s mother said he was shot five times running from police. An 18-year-old was shot fatally by the Los Angeles Police Department after a foot chase which relatives said ended tragically in front of his home. The dead teen has been identified as Carnell “CJ” Snell Jr., a young man neighbors say was into skateboards and his family, according ...

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Amy Schumer: Most dangerous person on the Internet?

You may want to think twice before searching for the recent Mets kiss cam video starring comedianAmy Schumer. No, it isn’t something that’s NSFW — you never know with Schumer — but it turns out she is the most dangerous celebrity on the internet. At least that’s what the 10th annual McAfee Most Dangerous Celebrities report says. How is this comedian so ...

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5 steps to your retirement portfolio

When it comes to structuring your investment portfolio, there’s no single ideal model portfolio. Your best asset allocation will depend, in part, on your investment goals and how much time you have to build wealth. Here’s how to create a solid retirement portfolio in five steps. Shed risky stocks One recipe for endangering your financial future is having an investment ...

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Many autoworkers like Trump. But his Ford-bashing — not so much.

WAYNE, Mich. — Ford Motor worker Chris Burns likes Donald Trump and supports him, but he says the Republican nominee is misguided when it comes to his longtime employer, the nation’s second largest automaker. The 46-year-old worker at Ford’s big auto assembly plant here believes the nation’s trade agreement with Mexico needs to be fixed or changed. But Burns thinks Trump ...

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6 key facts Social Security doesn’t always tell retirees

Claiming Social Security is one of the most important financial decisions you’ll ever make. Many Americans prefer to turn to the Social Security Administration for help in figuring out when to take their Social Security benefits, and the SSA provides a lot of valuable information both on its website and through its personnel. Yet a recent study from theGeneral Accounting ...

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Street shakes off DB doubts; Nasdaq up 9.7% for quarter

U.S. stocks shot up Friday as the Dow jumped 165 points after a sell-off a day earlier on worries about the health of a major German bank, signaling that Wall Street is closely monitoring the situation atDeutsche Bank but not pricing in disaster. Gains for the just-ended quarter: ► Nasdaq, a blistering 9.7% ► Dow, 2.1% ► S&P 500, 3.3% Stocks’ rebound Friday came after the Dow cratering nearly 200 ...

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Is Trump right about ‘big, fat, ugly bubble’?

Bubble talk is bubbling up on the presidential campaign trail. Nobody on Wall Street disputes that the stock market is pricey by historic standards. But are stocks — juiced by the Federal Reserve’s low interest rate policy — in a “big, fat, ugly bubble” that will end badly as Donald Trump warned at the first presidential debate? Trump, the Republican nominee, isn’t ...

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Redstones call for Viacom-CBS merger

The Redstone family, which owns a majority ofViacom and CBS Corp.’s voting stocks, called Thursday for a merger of the two media giants, a move to ensure its control and generate savings and efficiency amid heightened competition for viewers and evolving technology. The companies were housed under one company until a spin-off of Viacom’s assets ten years ago. Their reunification, if ...

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