Author: super@dmin

The global growth expansion may have peaked as trade uncertainty and stalled wages tighten their grip on confidence, the Organization for Economic Cooperation and Development said Thursday. The OECD projected global growth to plateau at 3.7% in both 2018 and 2019, the group said in its latest interim outlook released Thursday. That’s slower than the…

The recreational use of marijuana is still illegal on the federal level. However, nine states and Washington, D.C., have legalized it, and dozens of states allow cannabis to be used for medical purposes. No one can predict the timing of landmark federal legislation, but it’s reasonable to expect that it will happen, given the public’s…

Sky’s fate is likely to be decided in a one-day auction between Comcast and 21st Century Fox. The UK Takeover Panel announced Thursday it would hold an auction for the European broadcaster on Saturday if there’s no resolution to the long-running takeover battle by close of business on Friday. Sky (SKYAY) has been the subject…

Do you want to encourage your employees to get healthier and lose weight? Try offering them cash prizes for taking part in a wellness program, with a combination of small and bigger awards. So say researchers at the University of Pennsylvania, who found that the right kind of “lottery” boosted long-term participation in a wellness…

I met my wife at camp in the summer of 1989, when I randomly put my head in her lap and asked for a kiss. Boy, did I get lucky. I got lucky because we are both frugal and didn’t even know it. We didn’t fill out a questionnaire on money habits before we kissed…

Collectibles are often the most valuable assets in an estate. What starts out as a hobby turns into a passion and eventually becomes a lucrative investment, built gradually over a lifetime. The best way to preserve the value of your investment, both for yourself today and for your heirs in the future, is to start…

Click chart for more in-depth data 1. Nestle plans for the future: Nestle (NSRGF) says it’s exploring the sale of its skin health business. The company’s board said in a statement that “future growth opportunities of Nestle Skin Health lie increasingly outside the group’s strategic scope.” The move could put the spotlight on Nestle’s future…

Why China and FAANG can still be attractive for investors Chinese tech company Meituan Dianping made a robust stock market debut Thursday after raising billions of dollars from investors. Shares in Meituan, whose app is used by more than 300 million people, jumped as much as 7% in morning trading in Hong Kong. The stock…

Asian stock markets mostly rose modestly in early trading Thursday, continuing recent gains fueled by investors setting aside trade concerns for now. Japanese stocks opened to muted trading, with the Nikkei NIK, +0.00%  up 0.2% after consecutive gains of more than 1% on Tuesday and Wednesday. Still, the index was on pace for a fifth…

The past few months have been turbulent for Tesla CEO Elon Musk. From publicly accusing a Thai rescue diver of being a pedophile (without evidence) and conducting a radio interview while smoking marijuana to insulting equity analysts on one earnings call and threatening to take Tesla private — then reversing those statements, triggering a SEC…