Author: super@dmin

Elon Musk stepping down as Tesla chairman Investors cheered Tesla’s deal with the SEC that keeps Elon Musk as CEO. The stock surged 17% on Monday, more than wiping away Friday’s loss. Over the weekend, Musk agreed to a settlement with the SEC that requires him to step down as Tesla’s chairman and pay a…

GE changed our lives. Why is it struggling? General Electric is turning to an outsider to clean up a mess that took decades to create. Larry Culp, 55, is a proven leader known for his hands-on approach. He received a hero’s welcome from Wall Street on Monday after suddenly being installed as GE’s new boss.…

Accenture CEO: Diversity is critical Companies headquartered in California can no longer have all-male boards. That’s according to a new law, enacted Sunday, which requires publicly traded firms in the state to place at least one woman on their board of directors by the end of 2019 — or face a penalty. It also requires…

Happy Monday, MarketWatchers! Here are the top personal finance stories of the day. Personal Finance Here is a simple and healthy way to save $200 this month Every October, people make this easy money-saving commitment. Here are the best new ideas in money In this series we explore the next phase of money’s evolution, profiling…

Goldman Sachs’ CEO is a part-time DJ It’s a new era at Goldman Sachs. David Solomon, the part-time electronic dance DJ who previously served as president of the company and co-head of its investment banking division, took the reins from Lloyd Blankfein on Monday as CEO. Blankfein, who had served as CEO since 2006 and…

GE changed our lives. Why is it struggling? General Electric, mired in a deep slump, has ousted CEO John Flannery after barely a year on the job. Flannery was replaced on Monday by Larry Culp, a respected executive who becomes the first outsider to lead GE in the company’s 126-year history. Culp, the former CEO…

Major digital currency prices were mostly unchanged Monday to begin the week. Bitcoin, the largest digital currency, which accounts for around 52% of the total share of digital currencies, remained stable, trading on either side of $6,500. In early Monday trading, bitcoin BTCUSD, +0.47%  fetched $6,570.30, up 0.1% since Sunday’s level at 5 p.m. Eastern…

Money loosed change upon the world. It was the OG social technology on which our civilization was built, turning value into a symbolic language that moves easily across space, time and culture. Money is the air we breathe. It surrounds us and permeates so much of our daily lives that we take for granted that…

Gold prices skidded lower to start October trade after bullion ended the past month with a sixth straight monthly loss. The yellow metal has been knocked back to six-week lows in recent sessions as the ICE U.S. Dollar index DXY, -0.06%  revived its 2018 march higher, including a 0.1% increase early Monday as markets kept…

While economists disagree over whether there’s a retirement-savings crisis in the U.S., one thing is clear: There’s an emergency-savings crisis. Getting more Americans to save for emergencies, especially low- and middle-income earners, is crucial for their financial security. Not doing so can result in financial ruin. The statistics are scary. In the past year, 48%…