Author: super@dmin

Click chart for more premarket data. 1. Sky shareholders cheer: A great day for Comcast is turning into an even better one for Sky shareholders. The American cable giant outbid 21st Century Fox (FOX) and its powerful backer, Disney (DIS), on Saturday in an auction for control of the European pay-TV broadcaster. Comcast’s (CMCSA) final…

One look at the headline and Josh Brown of the Reformed Broker blog tweeted his plans over the weekend to “hate read” this Barron’s story: “Gold Is Cheap. Inflation Is Coming. You Do the Math.” Yes, gold seems to be about as divisive as politics these days. The point of the Barron’s piece is that,…

Comcast outbids 21st Century Fox for Sky A great day for Comcast is turning into an even better one for Sky shareholders. The American cable giant outbid 21st Century Fox (FOX) and its powerful backer, Disney (DIS), on Saturday in an auction for control of the European pay-TV broadcaster. Comcast’s (CMCSA) final bid was £17.28…

The gold industry has a new king. Canada’s Barrick Gold (ABX) is buying rival Randgold (GOLD) to create the world’s biggest gold miner, the two companies announced Monday. The combined entity will have a market value of more than $18 billion. Barrick shareholders will end up owning about 67% of the new company. John Thornton,…

This article is reprinted by permission from NerdWallet. Home value, job title, car model, savings account balance. These things merely hint at how wealthy you or your neighbors are. The naked financial truth comes down to just one number: net worth. Net worth is the total of what you own minus what you owe. It’s a mathematical reckoning…

As of 2012, about half of all adults in the U.S., 117 million people, were reported to live with one or more chronic health conditions. But for those of us who struggle with chronic illness and disease on a day-to-day basis, our conditions are much more than just a staggering statistic. From diabetes, to heart disease,…

The collapse of Lehman Brothers: 10 years later 1. The next debt crisis: There’s a $6.3 trillion elephant in the room. And it just might cause the next recession. The last downturn was triggered by Wall Street and Americans accumulating too much debt — particularly in the sizzling housing market. A decade later, it’s Corporate…

Dear Moneyist, I wrote to you some time ago about my uncle who is suffering with dementia. I wondered whether I should pay off his mortgage before he can no longer live alone and you gave me advice — thank you for that. Since then the landscape has evolved and, sadly, the circumstances have accelerated…

Dear Moneyist, My parents have always had a bad judgment when it came to my oldest brother. In addition to being the favorite, they paid nearly $1 million over several decades for schooling, trips, clothing, car, condo, wedding, etc. My other siblings and I received a tiny fraction of that. My brother is very wealthy…

While the lower and upper classes have increased in size over the past decade, the once-shrinking American middle class appears to holding ground. Just over half (52%) of American adults lived in middle-class households in 2016, up slightly from 51% in 2011, but down from 54% in 2001 and 61% in 1971, according to recent…