A J.Crew store logo is pictured on a building along the Lincoln Road Mall in Miami Beach, Florida March 17, 2016. REUTERS/Carlo Allegri NEW YORK (Reuters) – J.Crew Group Inc, known for its preppy men’s and women’s clothing, said on Saturday that its Chief Executive Officer James Brett is leaving […]
Business
Every once in a while a Tax Court decision breaks out of the tax ghetto. This month it is a Wesley Snipes case. I started on it, but when I saw how well Kelly Erb covered it I figured that my post would end up being “what she said” and […]
Political uncertainty surrounding Brexit has long sparked speculation of banks and big businesses ditching Britain in favour of new financial hubs, including Paris and Frankfurt. JPMorgan and Bank of America are just some of the names who have already established their intent to move some business elsewhere. But Clifford Abrahams, […]
NEW YORK (Reuters) – Investors will get a glimpse of consumer health next week as the holiday shopping season gets under way with Black Friday sales, and a solid start could help equities steady after several tumultuous weeks. Traders work on the floor at the New York Stock Exchange (NYSE) […]
(AP Photo/Gillian Flaccus, File)ASSOCIATED PRESS After weeks of boring, mostly sideways price action, the new investment thing called bitcoin finally conceded at least short-term defeat and closed below the $6000 support level in a dramatic one-day 10% sell-off last week. Whoever had been buying it up at that level finally […]
The President of the European Central Bank predicted a “squeeze on margins” could occur should businesses become rattled about the eurozone growth and inflation outlook. Eurozone growth skidded to its slowest rate in more than two years in October, with the economy gripped by escalating US-China trade war fears and […]
FILE PHOTO: German Transport Minister Andreas Scheuer addresses a news conference in Berlin, Germany, November 8, 2018. REUTERS/Fabrizio Bensch BERLIN (Reuters) – Transport Minister Andreas Scheuer wants to open the German market to car pooling services offered by Uber and other companies by 2021, Focus magazine reported Saturday. Scheuer told […]
Is economic growth the cause of stock market growth? Is a recession necessary to cause a bear market? Is this a correlation that will allow you to get out of stocks in time? Those are most important questions for investors that are always raised when bull markets are turning into […]