Blog Profile / Business Insider: Money Game

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Archived Since:February 11, 2009

Blog Post Archive

The FTSE 100 is on its biggest bull-run since 2011 — and it's all thanks to Glencore

The FTSE 100 is marginally higher on Tuesday afternoon, but the gain is enough to put the stock market on track for its biggest 5-day gain since 2011. The FTSE 100 is up 0.46% to 6,328 at 3.25 p.m. BST (10.25 a.m. ET), it's fifth day of gains. Show More Summary

2015 has been ugly in the stock market, but less ugly than average

The markets have been all over the place in the last two months. Although the last few-days' upward trend was nice, this recent bout of good news comes after prices zigzagged dramatically in August and September. And let's not forget...Show More Summary

Apple 'own worst enemy,' U.S. antitrust monitor says in report

By Joseph Ax NEW YORK (Reuters) - Apple Inc's antitrust compliance program has improved, but the company continues to impede a court-appointed monitor overseeing the program, acting as "its own worst enemy," the monitor told a federal judge in a report made public on Tuesday. Show More Summary

These are the 2 things that will drive markets in the next three months

We are into the final quarter of 2015. The third quarter was dismal, with major US stock indices posting their worst quarter since 2011. Now, the question is: What is going to drive performance through the rest of 2015? Central banks policy is going to take a backseat, a ccording to a global research alert published by Societe Generale on Monday. Show More Summary

A group of much-hyped finance startups made a big bet on millennials — but it won’t work

America's deep-rooted wealth management sector has been feeling an uneasy rumbling underfoot of late. The threat: a group of tech-savvy underdogs aiming squarely at millennials. Robo-advisers such as Betterment, FutureAdvisor and Wealthfront...Show More Summary

Emirates just took another shot at its competitors with this Jennifer Aniston commercial

In Emirates' latest ad, a bathrobe-clad Jennifer Aniston finds herself experiencing indifferent service on board an airline that's not the Dubai-based carrier. In the ad, Emirates' luxury appointments on board its fleet of Airbus A380 superjumbo jets are contrasted with those of its western competitors. Show More Summary

IMF cuts global growth forecasts again, cites commodity and China worries

By David Chance LIMA (Reuters) - The International Monetary Fund cut its global growth forecasts for a second time this year on Tuesday, citing weak commodity prices and a slowdown in China and warned that policies aimed at increasing demand were needed. Show More Summary

Wall St. profits up 29 percent in first half of 2015 to $11.3 billion: report

NEW YORK (Reuters) - Wall Street broker-dealers posted profits of $11.3 billion in the first half of 2015, up 29 percent year-on-year and the strongest first half since 2011, according to a report by a New York financial watchdog on Tuesday. Show More Summary

Pepsi is starting to give up on soda

Pepsi is shifting away from its roots. "I think focusing on just (carbonated soft drinks) is a thing of the past," CEO Indra Nooyi told investors. Soda sales declined 1% in the most recent quarter, while diet sodas fell 6.5%, the Associated Press reports. Show More Summary

Britain's Conservative party is selling Margaret Thatcher baby bibs at its conference

Former Prime Minister Margaret Thatcher is one of the most divisive British politicians in history. The haters say her policies on privatisation plunged the country into a pit of unemployment, riots, strikes, and crime. UnemploymentShow More Summary

Wall Street's best paid CEO started out as a shoe shiner and golf caddy

The highest-paid chief executive of a publicly-traded Wall Street firm had humble beginnings. Mario Gabelli, managing director at GAMCO Investing Inc., who earned about $88.5 million in 2014, sat down with OneWire's Skiddy von Stade to chat about his childhood in the Bronx as well as his famed investing philosophy. Show More Summary

Greggs just proved that one of the biggest myths about the minimum wage is totally wrong

There are two types of employers in Britain right now: The guys who believe in increasing staff wages in order to retain the best talent (and simply because grinding the faces of the poor is, you know, wrong). People like Wetherspoon's chairman Tim Martin, who complain about having to pay workers more. Show More Summary

New VW CEO tells staff to brace for 'massive cutbacks'

By Andreas Cremer and Jurik Iser WOLFSBURG, Germany (Reuters) - New Volkswagen Chief Executive Matthias Mueller warned staff on Tuesday to brace for "massive cutbacks" in response to the diesel emissions scandal that has hammered the company's stock and reputation. Show More Summary

Actually, wages are going up (DIA, SPX, SPY, QQQ, TLT, IWM)

The September jobs report was a big disappointment. Behind the weaker-than-expected payroll gains (+142,000 vs. expectations for +201,000) was something even more discouraging: a lack of wage growth. But in a note to clients on Tuesday, Drew Matus at UBS writes that when you adjust wages for inflation, Americans actually are getting paid more. Show More Summary

RANKED: All 50 states and DC, from the weirdest to the most normal

The US is a huge, diverse country, and the characteristics of the states that make it up vary widely. We used 40 demographic, social, and economic indicators that cover several aspects of American life, mostly from the US Census Bureau's recently released "2014 American Community Survey" estimates. Show More Summary

MORGAN STANLEY: Tesla's new SUV is way too expensive — we're cutting our price target on the stock (TSLA)

Tesla's new Model X is great, but Morgan Stanley analysts say it's too pricey. After much anticipation, the electric car company unveiled its new SUV last week, and said it already has a backlog of orders out to a year. In a note onShow More Summary

UBS' investment banking chief explained how he prepares for a market catastrophe every day

Andrea Orcel, the experienced president of UBS's investment banking arm, summed up the global market sentiment in a phrase. "Nothing is good in general. We are in an environment where nothing is good," he told Bloomberg's Jonathan Ferro at a Bloomberg Markets event in London on Tuesday. Show More Summary

10 things you need to know before the opening bell (DIA, SPY, SPX, QQQ)

Here is what you need to know. The Bud-Miller deal may be falling apart. "SABMiller Plc rejected an informal takeover offer from Anheuser-Busch InBev NV of about 66.4 billion pounds ($100 billion) that it considered too low, according to people familiar with the matter," Bloomberg reported. Show More Summary

The 11 most expensive countries for a university education

Britain and the US are famous for high university tuition fees, but they actually don't top the list of places that parents spend most of their income on higher education for their children. Online B2B supplier site Expert Market analysed...Show More Summary

The 18 countries with the lowest tax rates in the world

When looking at where to locate themselves, international businesses pay a lot of attention to the tax rates in different countries. Governments also often compete to one-up each other on their business taxes. The World Economic Forum's...Show More Summary

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