The 5 Dumbest Things on Wall Street This Week: May 17
Dan Loeb gets soft, Bloomberg and traders are 'Spy vs. Spy,' and Wal-Mart torpedos a cooperative reform effort by choosing its own, awkward path.
Local Business News
Today’s Top Videos
National Top Stories
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US Airways Flight Makes Belly Landing
A US Airways plane was forced to make a belly landing at Newark Liberty Airport early Saturday morning after its landing gear malfunctioned.
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ATADF Crosses Critical Technical Indicator
In trading on Friday, shares of Atac Resources Ltd. entered into oversold territory, changing hands as low as $0.927 per share.
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Stocks Can't Be Stopped, Rise on U.S. Economy Confidence
Stocks closed higher Friday as confidence in the U.S. economy improves.
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Shares Of REW Now Oversold
In trading on Friday, shares of the Proshares UltraShort Technology ETF entered into oversold territory, changing hands as low as $30.01 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.
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Shares Of MZZ Now Oversold
In trading on Friday, shares of the Proshares UltraShort MidCap400 ETF entered into oversold territory, changing hands as low as $17.38 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.
Small Business
5 Things To Know About Small Business This Week: May 17
PayPal announces "Cash for Registers;" small-business optimism improves; Kabbage expands financing to bricks-and-mortar businesses; restaurants tapping into big breakfast opportunity; GoDaddy launches restaurant-specific Web site designs.
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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.
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5 Lessons in Innovation
From e-cigarettes to a help line to stop sex traffickers, innovative ideas can come from anywhere.
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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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Kabbage Expands Small-Business Financing
Kabbage, which made its mark by focusing exclusively on funding small e-commerce merchants, is expanding its reach to fund both online and offline small businesses by partnering with Intuit.
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5 Things to Know About Small Business This Week: May 10
Senate passes Internet sales tax; bitcoin for small biz?; big banks lending again; mompreneurs; eCreamery sales jump without swimming with sharks.
Real Estate
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5 Worst Home Renovation Projects
None of 35 upgrades studied will boost a home's value enough to cover the job's average price.
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Berkshire Is an Insurance Company, Not a Nation-State: S&P
Standard & Poor's has cut Berkshire Hathaway's credit rating below that of the U.S. government.
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Housing Momentum Good to 2017: CoreLogic Case-Shiller
The housing recovery has plenty of steam, with many markets still considerably undervalued, according to CoreLogic Case-Shiller economist David Stiff.
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How to Make Your Real Estate Make Sense
NEW YORK (MainStreet) — A house is a home. No, it's an investment. O.K., then, it's both. And that's problem — a muddled view that can… -
Would You Buy The Ariel Castro House Where He Brutalized Three Women?
NEW YORK (MainStreet)—The home of Ariel Castro, the Cleveland man charged with the kidnapping and rape of three women he held captive for a decade,…
Taxes & Regulations
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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.
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How to Invest Your IRA In Your Future Retirement Home
The Self-Directed IRA is perfectly legitimate, even coming with the blessings of the Internal Revenue .Service
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Ex-Prime Minister Claims Victory in Pakistan
Nawaz Sharif was holding talks Sunday on forming a government after claiming victory in Pakistan's parliamentary elections.
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Today's Economic Mystery
The economy may be healthy because so much of it is underground. Edgar Feige has a modest proposal for law and order.
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Morici: To Boost Growth, Everyone Should Pay Income Tax
Why not require everyone to pay at least 6% of their income in taxes and set the maximum rate at 18%?
Jim Cramer's Investing Ideas
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Selloff Reaction; Valuing Beloved Companies: Cramer's Best Blogs
Catch up on Jim Cramer's thinking over the past week, including the new market pattern and two hard-to-value stocks.
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'Mad Money' Lightning Round: Don't Sell Heckmann
Cramer thinks you should wait on Ubiquiti Networks and Potash is just ok.
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Cramer's Top Stock Picks: BSX BAX FB
Boston Scientific could be making a comeback, Baxter is worth more in pieces and the Facebook IPO leaves an unpleasant memory one year on, Cramer said.
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Cramer's 'Mad Money' Recap: Next Week's Game Plan
It's a full week of earnings and Cramer said he'll be watching and planning his investing strategy.
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'Mad Money' Lightning Round: Magnum Hunter Blew It
Cramer thinks Gilead Sciences is terrific and is ready to buy more Starbucks.
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Food Trends At Their Freshest in San Diego
In Southern California, here's you should eat to catch some of the hottest spring menu trends.
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5 Traits of Our Unbanked and Underbanked
The underbanked are more Main Street than Skid Row, and that doesn't say good things about the system.
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5 Worst Home Renovation Projects
None of 35 upgrades studied will boost a home's value enough to cover the job's average price.
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Expect Your Health Care in Retirement to Hit $200,000
Most are off by up to 30% in thinking about what health care will cost after their working years.
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10 Reasons to Stop Being a Jerk and Drink a Fruit Beer
You'll throw a withered lime into a Corona, but won't try a beer brewed with apricot? Time to rethink that.
Technology
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Selloff Reaction; Valuing Beloved Companies: Cramer's Best Blogs
Catch up on Jim Cramer's thinking over the past week, including the new market pattern and two hard-to-value stocks.
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Facebook: New and Improved One Year Later
Its IPO was a disaster. Its CEO admitted to mistakes. But today's Facebook is a force to reckon with in the mobile technology business.
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Investors Shouldn't 'Like' Facebook at Current Price
Buying stocks with sky-high P/Es that are not rapidly growing revenue and profit is a recipe for portfolio disaster.
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Morgan Stanley Did Right by Facebook
Morgan Stanley got Facebook the maximum possible price in its IPO a year ago. Isn't that the idea?
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Tesla's Future Is Full of Green
Tesla shares fell Friday even as the electric car manufacture raises more than $1 billion and Morgan Stanley lifts its price target.
Your Career
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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.
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Why Young Americans Don't Want Disability Insurance
Younger workers are turning down affordable disability insurance, and not just because they think they're invincible.
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Where (and How) to Get Hired Now at that Summer Job
If you're looking for summer work, pay is up and jobs are plentiful.
Markets
NEW YORK (TheStreet) -- Major U.S. markets closed higher Friday, led by energy stocks, after a consumer confidence gauge reached to a post-crisis high and an upbeat report on U.S. economic activity bolstered the outlook for the world's largest economy.
The S&P 500 gained 1% to 1,666.12.
"The rise in consumer confidence appears to be a longer-lasting vote of support for the longevity of the U.S. economic recovery," Andrew Wilkinson, the New York City-based chief economic strategist at Miller Tabak & Co., wrote in a report.
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