Articles

UniCredit reaches deal to boost Commerzbank stake

UniCredit on Monday said it’s reached an agreement to further increase its stake in Commerzbank as the German government increasingly attempts to ward off an Italian acquisition of its number-two bank.

Oil prices tick higher after scoring weekly gains on Fed rate cut

Oil futures edged higher early Monday, attempting to build on last week’s strong gains, which were scored after the Federal Reserve cut interest rates and investors monitored a rise in Middle East tensions.

‘I’m struggling with grief and loss’: I inherited seven figures after my parents died young. Why do I feel guilty?

“It’s odd that, in life, loss and money can be so tied up — that death can be a financial boon for bereaved people.”

Wall Street’s most cautious voice says defensive stocks are now too rich. What alternatives are left?

Morgan Stanley’s Mike Wilson has been one of the most cautious voices on Wall Street, but even caution can become too expensive. He says the firm is now neutral on defensives vs. cyclical stocks because of valuation.

We’re empty nesters. Should we buy a house with cash — or take on a mortgage and invest? 

“Our agent thinks it would be best if we just put a down payment on the new house and invest the money.”

This chart shows gold vs. the stock market since Bernanke’s famous helicopter drop speech

“In short, market participants seem to agree with this thesis—in a world in which the government decides to keep the economy going via heavy fiscal spending, lower rates / other policy tools are helpful in terms of supporting that spending. As a result, the purchasing power of U.S. dollars has fallen much more than what conventional measures of inflation would suggest,” say strategists at Morgan Stanley led by Mike Wilson.

Train singer Pat Monahan lists lakeside mansion in Washington for $8.2 million

The beautiful lakefront home in Issaquah, Wash., overlooks the waters of Lake Sammamish.

‘Selling Sunset’ fans want to know: Are the stars actual real estate agents, and who sells the most?

The popular Netflix reality series follows L.A. real estate agents as they market lavish megahomes in Southern California.

News Corp’s REA submits improved $8.1 billion bid for U.K.’s Rightmove

The improved offer would see REA Group pay a 9.2% higher price than the one it originally offered to pay in its Sept. 5 bid

Apollo reportedly offers Intel a multibillion-dollar investment

Apollo Global Management Inc. has offered to make an investment in Intel Corp. of as much as $5 billion, Bloomberg News reported Sunday.

TSMC, Samsung reportedly consider building huge chip factories in UAE

Chip-making titans Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. are considering building major factories in the United Arab Emirates to help fill future demand for artificial-intelligence chips, the Wall Street Journal reported Sunday.

The Fed’s rate cut should make it easier to get a job — eventually. Here are the industries that could ramp up hiring first.

Some sectors are more likely to pick up hiring as borrowing costs fall. Here’s what that could look like.
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