Electric Cars: The Right and Wrong Reasons for Buying
When all is said and done, it's all about the actual driving experience.
Local Business News
Today’s Top Videos
National Top Stories
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TheDeal: Apax Offers to Take Back Rue21 in $1.1B Deal
Apax Partners will be taking back a greatly expanded unit. In addition to the deal, rue21 announced preliminary first quarter earnings.
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Stocks Fall as Fed, China Jolt Global Markets
Major U.S. stock averages on Thursday dip on fears of a Fed pullback and a China slowdown.
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Guggenheim BulletShares 2020 Corporate Bond (BSCK) Shares Cross Below 200 DMA
In trading on Thursday, shares of the Guggenheim BulletShares 2020 Corporate Bond ETF crossed below their 200 day moving average of $21.21, changing hands as low as $21.20 per share. Guggenheim BulletShares 2020 Corporate Bond shares are currently trading up about 0.1% on the day.
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IPW Makes Notable Cross Below Critical Moving Average
In trading on Thursday, shares of the SPDR S&P International Energy Sector ETF crossed below their 200 day moving average of $24.90, changing hands as low as $24.75 per share. SPDR S&P International Energy Sector shares are currently trading off about 0.5% on the day.
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VPY Makes Bullish Cross Above Critical Moving Average
In trading on Thursday, shares of Versapay Corp (TSXV: VPY. O) crossed above their 200 day moving average of $1.26, changing hands as high as $1.30 per share.
Small Business
Saks Soars on Report Goldman Sachs Hired for Buyout (Update 2)
Saks is surging after a media report said that the luxury retailer hired Goldman Sachs to pursue 'strategic alternatives," possible a sale.
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Veterans to Get More Small Business Loans
The U.S. Small Business Administration on Tuesday launched the SBA Veteran Pledge Initiative, a commitment by 20 of the largest banking institutions to increase their lending activity to veterans by 5% per year through 2018.
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How Your Boss Can Help You Save for Retirement
U.S. workers having a tough time with retirement savings may have help from an unlikely source -- their employer.
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Cities Need More Starbucks, Not CityTargets
By not innovating now, brick and mortar retail such as Target poorly prepares itself to respond to inevitable disruption.
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How Dale Katechis Made Oskar Blues Beer a Can-Do Beer
Here's how a craft brewer converted a town of good ol' boys, made cans a standard and leapt cross-country.
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Why the End of 'Craft' Beer Is Just a Tax Break Away
In this civil war, it's brewer against brewer and the BEER Act against the Small BREW Act in Washington, D.C.
Real Estate
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Fannie Freddie Rally Returns With a Vengeance
Fannie shares now up 700% year to date, while preferred shares lag.
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Taubman's Tasty Preferred Shares
The common shares of the shopping-mall owner are expensive, but its preferred shares are worth a look.
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Apax Partners Retreads Rue21 Amid Retail Buyout Boom
Rue21 has agreed to its second buyout by private equity firm Apax Partners.
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Starwood Upgraded as Capital Return Eyed
Hotelier seen sitting on $7 in excess capital that could be returned to shareholders.
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Should You Give Your Realtor a Second Chance?
NEW YORK (MainStreet)—Hiring a realtor to sell your house typically involves signing a four-month contract with the real estate agency. Also see: 5 Questions to Ask…
Taxes & Regulations
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Tesla Is Just a Winning Stimulus as Fourth U.S. Automaker Emerges
Why taxpayers will only be able to view Tesla as a winning stimulus.
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Why JPMorgan Will Always Be a Better Villain Than Apple
'We love the iPhone and the iPad,' isn't a great way to shame a company.
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Apple Would Do Better Spending that Cash
Apple's should step out of a politically charged debate on taxation and into growth mode.
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Workers Know It: In Retirement Planning, They're On Their Own
Workers are taking responsibility for their finances at levels unseen in recent history, a study shows.
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Why the End of 'Craft' Beer Is Just a Tax Break Away
In this civil war, it's brewer against brewer and the BEER Act against the Small BREW Act in Washington, D.C.
Jim Cramer's Investing Ideas
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'Mad Money' Lightning Round: I Like CVS Over Rite Aid
Cramer wants you to wait on Corning and AT&T and he's watching Oracle.
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Cramer's Top Stock Picks: CLH SIX WFM
Investors can clean up with Clean Harbors, have fun with Six Flags and dine out on Whole Foods, Cramer said.
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Cramer's 'Mad Money' Recap: Ignore the Fed
What Ben Bernanke says may have some effect on the market, but not much, Cramer said.
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Cramer: They Were Wrong About Whole Foods
Thanks to health-conscious millennials, this company is in fine shape.
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'Mad Money' Lightning Round: Buy Tractor Supply
Buy Toll Brothers but avoid iShares MSCI Mexico, Cramer said.
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The Digital Skeptic: Eerie How Web's Future Looks Like Useless Erie Canal
Wonder of the world? Once, but it's not too early to call out the vision of a 50-million-mile Web trench to nowhere.
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This Is How Much Women Love Smartphones and Not You
Most women in a survey would give up sex before their smartphone -- which they'll use to break up with you.
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5 Reasons the Housing Market Will Keep On Rising
Home Depot's strong showing is just a bellwether of a good housing market to come, a Realtors group says.
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What You Wear to the Office Still Matters
A study shows 80% of U.S executives still say clothing choices are a big factor in hiring and promotions
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10 Family Vehicles You Can Still Look Cool In
Not ready to give in the minivan yet? Here are 10 vehicles with a sporty, urban and not-at-all parental facade.
Technology
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Pandora Surges on Revenue Strength
Pandora shares are jumping in afterhours trading as investors cheer its revenue results.
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Windows Ad Turns The Table On Apple
Microsoft's new operating system TV ad compares "Apples" to Windows.
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The Digital Skeptic: Eerie How Web's Future Looks Like Useless Erie Canal
Wonder of the world? Once, but it's not too early to call out the vision of a 50-million-mile Web trench to nowhere.
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Apple: Keep Tim Cook's Feet to the Fire
Don't associate Tim Cook's performance on Capitol Hill with his ability to innovate at Apple.
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This Is How Much Women Love Smartphones and Not You
Most women in a survey would give up sex before their smartphone -- which they'll use to break up with you.
Your Career
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What You Wear to the Office Still Matters
A study shows 80% of U.S executives still say clothing choices are a big factor in hiring and promotions
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14 Good Jobs That Don't Require a College Degree
New study identifies good careers where a high school diploma is enough.
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The Deal: Airline Unions Sign Pact To Ward Off Teamsters
Unions representing US Air and American ground workers agreed to work together to head off a Teamster takeover.
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Top 7 Things You Should Never Ask Your Intern to Do
Interns may be eager and affordable, but it doesn't mean you should trust them with every job.
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Highest-Paid Public Employee in Your State Is Probably a Coach
Deadspin revealed the highest paid employee is a college sports coach in 41 out of 50 states.
Markets
NEW YORK (TheStreet) -- Major U.S. stock averages dropped Thursday after a choppy trading session, as investors worried the Federal Reserve would scale back stimulus and China could be headed for a slowdown.
A better-than-expected jobless claims report gave way to worries that the labor market was indeed improving and would encourage the Federal Reserve to taper its bond-buying program. Manufacturing data in China indicated an unexpected contraction in manufacturing activity in the country, culminating into the steepest decline for the Nikkei 225 in Japan since the aftermath of the tsunami and nuclear disaster in March 2011. The index closed down 7.3%.
"We had about a 3% intraday move to the downside from yesterday's high to today's low based upon what came out of the Fed yesterday," said Phil Orlando, chief equity market strategist at Federated Investors. Equities did retrace from their intraday lows by midday. "This market has gone vertically . . . and this is the most hated rally in the history of the stock market . . . and I expect down 3% some cash started to come into the market at the margin."
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