• Stocks ended a busy day of first quarter earnings mixed The Dow (^DJI) down 0.10% The Nasdaq (^IXIC) and the S&P 500 (^GSPC) were up slightly. The markets are closed tomorrow for Good Friday.

    IBM (IBM), Google (GOOGL) and UnitedHealth (UNH) were all lower on the day after disappointing earnings. Shares of Goldman Sachs (GS) and Morgan Stanley (MS) were both up after both reported better-than-expected earnings.

    The mixed bag of earnings news overshadowed two positive reports on the economy. Initial jobless claims rose less than expected in the latest week to 304,000. Economists were expecting to see 315,000 new claims for unemployment benefits. And the Philadelphia Federal Reserve’s index of manufacturing activity for April rose to the highest levels since September.

    Meanwhile, a pair of tech stocks debuted today. China’s version of Twitter, Weibo (WB) ended its first day of trading on the Nasdaq up 19%. The stock priced at $17 a share and opened at $16.27. And Sabre (SABR), the online

    Read More »from Stocks end shortened trading week mixed on confused earnings results
  • Dear Mom and Dad: When I grow up, I want to be a nostalgist.

    Said no child, ever.

    Wait a few years, though, and that scenario is likely to change.

    By 2030, job titles that may seem bizarre today will be among the most-sought after careers in the labour market, according to the Canadian Scholarship Trust Plan.

    FYI. A nostalgist is an interior designer who specializes in recreating memories for wealthy seniors.

    “Rather than settling for a typical ‘retirement village’ experience where everyone’s apartment looks the same, the wealthy elderly of 2030 will have the luxury of living in a space inspired by their favourite decade. Nostalgists recreate the setting of their preferred time and place for seniors wishing to relive their past, from a small-town 1970s living room to a 1980s university dorm room,” the CST website states.

    The list of future jobs also includes titles such as Tele-Surgeon (operating on people using robotic tools, rather than human hands), a Localizer (helping communities

    Read More »from Jobs of 2030 may include ‘Rewilder’ and ‘Nostalgist’: report
  • It’s human nature for kids to make different choices than their parents. But when it comes to the influential Millennial crowd, the children of the Baby Boomers, companies would be wise to pay close attention.

    This is particularly true in the restaurant business, where retail analysts from RBC Capital Markets have found that this group of 18-to-34 year-olds has “dramatically reduced” trips to restaurants – and it’s not just the ones without jobs.

    The RBC report says Millennials have cut back on restaurants visits by 21 per cent over the last seven years in the U.S., and experts in Canada believe the trend is similar up here.

    “While some of this is likely due to macro factors, much of the change seems to be due to the different values of the Millennial Generation,” says the report.

    Those values include a search for food that is better quality, yet still comes quickly, and the restaurant has to have some entertainment value (think iPads on the tables and interactions through social

    Read More »from Millennials shunning restaurants — even the ones with jobs
  • You can point out how rich the 1% are, or pound home how hard it is to keep up these days. But whatever you do, don’t act like there’s a “recovery.”

    That’s the advice from a prominent public-policy firm to Democratic politicians running for reelection this year. Democracy Corps, founded by Democratic strategists James Carville and Stan Greenberg, recently conducted a series of polls to determine how candidates can best connect with voters as they campaign for the 2014 midterm elections in November. The results show just how disheartened many Americans are about their economic prospects, even though the recovery is technically entering its fifth year.

    By some measures, the economy is getting back to normal. The unemployment rate is down from a peak of 10% in 2010 to 6.7% today. In aggregate, Americans have regained all the wealth lost during the twin housing and stock-market busts, and then some. After six years of extraordinary intervention, the Federal Reserve is beginning to back

    Read More »from One thing you can’t say to voters about the economy
  • The proverbial window for IPOs may be closing, but it's still open at least a crack. On Thursday, Chinese messaging service Weibo and Sabre Holdings, the parent of Travelocity, made their public debuts. At 91 so far, according to Renaissance Capital, the volume of IPOs in 2014 is more than double the pace of 2013 -- the biggest year for IPOs since 2000. 

    But as with a number of recent deals, including investment bank Moelis, Weibo and Sabre each sold fewer shares than expected, priced offerings below the expected range and struggled on their first day. (Shares of both Weibo and Sabre were up modestly in recent trading.)

    it's hardly the stuff bubbles are made of, as I discuss in the accompanying video with Ben Horowitz, cofounder and general partner at Andreessen Horowitz, a venture capital firm that has founded more than 2300 companies and has over $4 billion under management.

    "It's hard to see us in the bubble like we had in equities if we're not even back to [the year] 2000 in terms

    Read More »from Tech IPO bubble? "It's hard to see," Ben Horowitz says
  • What’s going on with IPOs?

    Host Lauren Lyster posed that questions to Breakout host Jeff Macke and Leigh Drogen, CEO of Estimize. Weibo (WB), dubbed the Chinese version of Twitter, began trading today. The company, which is owned by web-portal Sina (SINA), raised $286 million, less than expected and priced its IPO at $17, near the low end of the range. Sabre (SABR), the parent company of travel website Travelocity, also made its stock market debut today. It sold 39.2 million shares at $16. The company was expected to sell 44.7 million shares in the $18 to $20 range.

    Lyster asked if the lackluster performance of other IPOs in the last few weeks is due to less of an appetite for risky stocks.

    “They’re offering not very good companies for really high valuations,” Macke said of recent IPOs. He cautioned that it’s not an IPO bubble, because if it were, investers wouldn’t have “run away” from LaQuinta Holdings (LQ), which debuted last week at $17 a share, below the expected $18 to $21

    Read More »from What's going on with IPOs?
  • General Motors (GM) CEO Mary Barra has the unenviable challenge of explaining why a safety recall involving 2.6 million vehicles and at least 13 deaths took more than a decade to get underway. Her subordinates have a different but equally important job: To keep moving the metal.

    Related: Mary Barra’s strong leadership will lead GM beyond recall drama 

    GM’s sales have held up so far this year despite the worsening controversy over the safety recall, but that may be about to change. Data from research firm YouGov BrandIndex shows that GM’s reputation has deteriorated steadily during the last two months, as the recall has expanded and Congressional investigators have begun to scrutinize it. The same goes for Chevrolet, GM’s biggest division, which has also suffered a sharp drop in the “buzz score” BrandIndex calculates, wich is based on consumer polling. More people now say they have a negative image of Chevy than a positive image.

    Some of the recalled vehicles were sold by Pontiac and

    Read More »from At Chevy, some sharp cars fall victim to a recall controversy
  • Quarterly reports of two consumer-oriented stocks released this morning had very different results. Leigh Drogen, CEO of Estimize and Yahoo Finance's Jeff Macke joined Lauren Lyster to discuss toymaker Mattel (MAT) and burrito chain Chipotle Mexican Grill (CMG).

    Mattel, maker of the iconic Barbie and Fisher-Price toys, reported a loss $11.2 million or $0.03 per share. Worldwide sales for Barbie and Fisher-Price brands both fell, 14% and 6% respectively, though sales for its American Girl line rose 5%. Total worldwide sales fell 5% to $946.2 million.

    Drogen said, “Kids aren’t playing with these dolls anymore. They’re playing with apps,” he said. "Look at Candy Crush. It’s making a ton of money.”

    Macke agreed. “So make apps, Mattel,” he said. Macke compared Mattel to Coca-Cola (KO), saying that soda sales are in decline. So, what did they do? “Coca-Cola went out and bought a bunch of water instead,” Macke said, referring to their $4.2 billion purchase of Glaceau, maker of Vitaminwater

    Read More »from Barbie is out of fashion, burritos are in
  • As if the cost of a higher education weren’t crippling enough; university is poised to rival your first mortgage for expense supremacy. If living away from home, the average cost of an undergraduate degree is expected to reach $150, 000 by the year 2031, according to a TD economics report.

    And despite the staggering costs to come, nearly one-third of Canadian parents with a child under the age of 18 are not saving for their education.

    The reasons are wide ranging. For one, 41 per cent of parents included in the survey say saving for retirement plays a significant role in their ability to save for their children’s education. And 50 per cent of parents cited in the survey say costs associated with recreational activities and the other costs of raising a child -- think daycare and vacations -- impact their ability to save for future education.

    “According to data from the Canada Student Loans Program, students in kindergarten today will be paying $13,100 per year in tuition fees by the

    Read More »from Cost to attend university, live away from home to be $150,000 by 2031: TD
  • Controversial Internet television service Aereo is much like other popular high-tech entertainment products that courts have found to be legal, the company’s chief executive, Chet Kanojia, maintains.

    The service, available in 11 cities so far, lets customers watch over-the-air broadcast channels via the Internet for $8 to $12 a month. Broadcasters have sued, saying Aereo is distributing their programming without paying the licensing fees required by copyright law.

    But Kanojia, in an interview with Yahoo Global Anchor Katie Couric, explains that Aereo dedicates a tiny television antenna to each customer and then streams the signal over the Internet to the customer’s phone, computer or TV set.

    “The idea that somebody using an antenna is somehow stealing the signal just flies contrary to the original relationship between the consumer, the government, for giving them the spectrum, and the broadcaster,” he says. “Now if somebody's come out with a smarter antenna, a clever, different

    Read More »from Aereo CEO defends antenna, slams broadcasters

    In a housing or real estate bubble, home prices inflate because of overly optimistic speculation that they'll keep rising. When people can't afford to keep up, the bubble bursts. Demand for homes decreases, while supply goes up and home prices drastically drop.

    Today, certain markets across America are seeing home prices go up so quickly that people are starting to worry about another bubble. So where do we stand?

    From 2000 to 2006, home prices were skyrocketing. Why? It was fueled by overly-optimistic speculation on real estate, careless lending standards and very low mortgage rates. At the height of the bubble, homes were overvalued by 39%.

    Also see: Shark Tank Secrets of Success -- Building an Untouchable Career

    Built on that shaky foundation, when prices cooled millions of people defaulted on their mortgages and the bubble didn’t just burst, it exploded, creating the biggest real estate and credit crisis in modern history.

    Fast-forward to the present day, and we’re still in

    Read More »from Are we facing another housing bubble?
  • Nearly two years after Facebook’s (FB) tumultuous IPO, the company has found its grounding once again with strong financials and an ever-growing user base. Nearly one-fifth of the time Americans spend on their smartphones is spent using Facebook and the company has completed several large acquisitions including Instagram (for $1 billion), Whatsapp ($19 billion) and virtual reality platform Oculus ($2 billion).

    Related: Facebook's Mark Zuckerberg earns $1 salary in 2013

    Mark Zuckerberg told The New York Times on Wednesday that he wanted to dismantle his $150 billion social media company. This year he began Creative Labs, which aims to revamp the way the company distributes it services.

    “What we’re doing with Creative Labs is basically unbundling the big blue app,” he told The Times. Facebook is planning on splintering into more focused, smaller services.

    Zuckerberg also told The New York Times that this splinter strategy has to do with the way people use mobile phones. “In mobile,

    Read More »from No more Facebook? Mark Zuckerberg has a vision says Ben Horowitz
  • As high-flying social networking stocks cratered over the past few weeks, it was the out-of-favor old guard of tech – the IBM’s (IBM), the Intel’s (INTC), the Google’s (GOOG) – that held up better.

    The theory was that the big companies would weather any difficult times, perhaps brought on by the Fed, better than smaller upstarts. But as the giants have reported first quarter earnings, it’s become apparent these lumbering behemoths were out of favor for a reason. There’s not much growth, and profits, while still sizable, may be under threat.

    On Wednesday IBM reported first quarter revenue of $22.5 billion, well below the $22.9 billion Wall Street expected, as hardware sales took a hit. Sales at the overall systems and technology unit declined 23%, including a 40% drop in sales of “Z” mainframes and a 22% drop in the “Power” server line. IBM said its sales related to cloud computing jumped 50% but the company didn’t actually disclose the dollar figure of those sales in its earnings

    Read More »from Old tech's mediocre earnings undermine investors' shift to safety
  • Despite a topsy-turvy first-quarter, there were decent inflows in to the equity and bond markets.  On the equity side, funds saw total inflows of about $73 billion. 

    About $68 billion flowed in to open-end funds and just about $4.5 billion went in to Exchange Traded Funds (ETF).

    Equity income products have fallen in and out of favor with investors since this time last year but seem to be seen in a positive light again. 

    “With the market gyrations we’ve seen recently in the tech and biotech space, we’re starting to see some flows come back in, so this could be back on again in Q2,” said Bob Jenkins, global head of research at Lipper Thompson Reuters.

    RELATED: Avalanche of bonds

    Bond funds didn’t quite match to equities, with $44 billion coming in to the space.

    Within the bond industry, a big winner was in the alternative credit focus strategy.  This space has hedge-like strategies embedded in to the funds in terms of market downside and currency -hedging.  It allows managers to be

    Read More »from Follow the money: Bright spots for equities and bonds
  • Editor's note: On Thursday, April 17, Chipotle reported its first-quarter earnings before the bell. While the company missed Wall Street expectations on earnings per share, coming in at $2.64 vs. a consensus of $2.86, revenue came in at $904.2 million, exceeding expectations of $873 million.  Same-store sales were up a very healthy 13.4%, which beat last quarter's 9.3% gain. On its earnings call, Chipotle CEO Jack Hartung also noted the company would be passing on some of  its increased costs to customers for the first time since 2011. The stock was up as much as 5% early Thursday but ended the day down close to 6%.

    As the nation's restaurant chains prepare to report their quarterly results in the weeks ahead, sales on the whole are expected to continue growing modestly. However, a few notable standouts should emerge, with Chipotle (CMG), Buffalo Wild Wings (BWLD) and Starbucks (SBUX) among them.

    The 25 largest restaurants measured by market capitalization will likely post a 1.8%

    Read More »from Chipotle, Starbucks among projected restaurant winners at earnings time
  • Despite a topsy-turvy first-quarter, there were decent inflows in to the equity and bond markets.  On the equity side, funds saw total inflows of about $73 billion. 

    About $68 billion flowed in to open-end funds and just about $4.5 billion went in to Exchange Traded Funds (ETF).

    Equity income products have fallen in and out of favor with investors since this time last year but seem to be seen in a positive light again. 

    “With the market gyrations we’ve seen recently in the tech and biotech space, we’re starting to see some flows come back in, so this could be back on again in Q2,” said Bob Jenkins, global head of research at Lipper Thompson Reuters.

    Bond funds didn’t quite match to equities, with $44 billion coming in to the space.

    RELATED: Avalanche of bonds

    Within the bond industry, a big winner was in the alternative credit focus strategy.  This space has hedge-like strategies embedded in to the funds in terms of market downside and currency -hedging.  It allows managers to be

    Read More »from Follow the money
  • For McDonald's (MCD), 2014 may well end up as one of the most pivotal in its nearly 60-year history: Either it succeeds in powering past its recent setbacks, or it becomes further viewed as a faltering giant in retreat.

    McDonald's, to be clear, isn't going anywhere anytime soon. It's too large and entrenched, with $89 billion in system-wide sales and 35,000 locations globally, to suffer serious damage quickly. In the U.S. alone, its 14,000-plus units, the majority of them franchises, had sales in excess of $35 billion last year. Should its demise ever come, it will be in a far distant future.

    But cracks in the structure are there. McDonald's has mended them before, as with ongoing restaurant remodels meant to improve the perception of stores by offering fresh looks and cleanliness. Its menu additions, both the permanent and limited-time offers, regularly nod to changing consumer interests. Even after the "Super Size Me" era, it thrived.

    Now, however, McDonald's has a new set of

    Read More »from Ahead of earnings, McDonald's arches showing cracks
  • China's GDP slows: Time to panic?

    China’s economy grew by 7.4% in the first quarter of 2014, the slowest rate since September 2012 and below the 7.5% target set by the Chinese government.

    “The big picture is that this did miss the [Chinese] government’s target which is what raises eyebrows because China is the ‘engine of global growth’,” says The Daily Ticker’s Lauren Lyster. “But the truth is that’s what the economy is supposed to do there. They are trying to wean themselves off of their desperate addiction to investment-led growth.”

    Related: Russia, China aiming for dollar’s demise: Jim Rickards

    Retail sales in China were up 12.2% year-over-year, beating expectations but industrial production missed estimates at 8.8% and fixed asset investment also slowed down. “Clearly they have a slowdown going on,” says The Daily Ticker’s Aaron Task, “and they’re trying to manage it.”

    One of the ways China is attempting to manage is by intervening in the currency markets to weaken the yuan after years of increasing in value. A

    Read More »from China's GDP slows: Time to panic?
  • Canada’s housing market is headed for a soft landing in 2014, but buyers are still likely to feel the squeeze as record-high property prices remain surprisingly resilient, especially in major urban centres such as Toronto, Calgary and Vancouver.

    That’s the message from Scotiabank, which released its annual real-estate industry trends report Wednesday at an economic conference in Toronto.

    Among its key predictions, senior economist Adrienne Warren said we can already see the slowdown in resale activity, a trend she expects to continue over the next year or two due to a combination of high housing costs, rising mortgage rates and tighter mortgage regulations.

    At the same time, housing prices are expected to hold near the 10-year average under pressure from continued population growth, particularly in major urban centres, and relatively healthy labour market conditions.

    The only relief buyers can likely expect will be weak to flat house-price gains – a trend affecting the more amply

    Read More »from Resale activity to suffer as housing affordability deteriorates: Scotiabank
  • In conjunction with the April 15 tax deadline, the organization Americans for Tax Fairness released its annual report on Walmart and the Walton Family.

    Subtitled "How Taxpayers Subsidize Americas's Biggest Employer and Richest Family," the report concludes the company and its founding family received $7.8 billion in tax breaks and taxpayer subsidies in 2013, featuring:

    • $6.2 billion in public assistance to Walmart workers, namely Food Stamps and Medicaid
    • $1 billion in federal tax breaks, notably via the use of accelerated depreciation
    • $670 million directly to the Walton family due to lower tax rates on capital gains and dividends vs. wages

    Related: America’s 30M hourly workers deserve a raise: Ralph Nader

    Walmart (WMT) calls the report "inaccurate and misleading” and even some who support its overall focus take issue with the specific findings.

    The $1 billion in federal tax breaks cited by Americans for Tax Fairness overstated the case by about $900 million, according to David Cay

    Read More »from Yes, Walmart works the system: Don't hate the player, hate the game
  • Spring is usually the time when potential home buyers hit the road in search of that perfect house, and sales pick up. But this spring isn't looking so sunny.

    Housing starts in March rose less than expected, at a 2.8% annual rate, housing permits fell 2.4% and pending home sales in February fell to their lowest level in almost two and a half years. Homebuyer traffic in 40 major U.S. markets in March was down about a third from a year ago, according to a Credit Suisse index.

    Related: Housing outlook "still very positive," says PIMCO's Kiesel

    "We might have already seen the peak of the recovery," says The Daily Ticker's Aaron Task. "Unless overall economic activity picks up and wages pick up we may be plateauing in the housing market."

    And there's more data to support that thesis. Mortgage lending is at a 14-year low, 30-year fixed mortgage rates are averaging about 4.6% vs. 3.6% a year ago and the homebuilder confidence index last measured 47 (below the key 50 level) indicating more

    Read More »from Housing forecast: A not so sunny spring
  • Here's a look at some of the stocks the Yahoo Finance team will be watching for you today.

    Shares of SodaStream (SODA) surged after reports the company is in talks with a large soft drink company to sell a stake of up to 10% at a price of $52 a share. Potential buyers include Pepsi (PEP), Dr. Pepper Snapple Group and possibly Starbucks (SBUX).

    Twitter (TWTR) soared nearly 12% yesterday on reports of an acquisition and a key hire. The company said it was buying Gnip, a startup Twitter already works with. Gnip mines all of Twitter's data for trends and information useful to Twitter and other companies. Separately, Twitter hired Daniel Graf from Google to be its new consumer products vice president. Graf most recently was in charge of Google Maps.

    Intel (INTC) reported its quarterly results after the bell yesterday. Earnings per share were $0.38, which beat estimates by a penny. Revenue was $12.76 billion, just missing analysts’ estimates of $12.81 billion. Intel has been hit by

    Read More »from Stocks to watch: TWTR, INTC, YHOO, SODA, GOOGL
  • Stock futures were higher this morning on better-than-expected news on China's economy. China reported its economy slowed to 7.4% growth in the first quarter, but that was slightly better than Wall Street analysts were anticipating. The news eased fears that China's economy is headed for a hard landing.

    Meanwhile, the U.S. Commerce Department said home construction rose for the second-straight month, up 2.8% in March to a seasonally-adjusted 946,000. Economists were expecting 965,000 housing starts. Building permits, which are an indication of future activity, declined 2.4% in March.

    The White House today is expected to announce a new $600 million program aimed at job training in an effort to spur job creation and bring the unemployment rate down from the current 6.7%. In the associated video, Yahoo Finance Editor-in-Chief Aaron Task weighs in on whether the move is likely to work.

    In corporate news, Bank of America (BAC) reported it swung to a loss in the first quarter. Earnings per

    Read More »from March housing starts rise 2.8%; Bank of America misses; Big Nasdaq stocks in bear territory
  • You can be excused for thinking economists are crazy. With food prices rising, how can they be worried inflation is too low?

    The latest data confirm what many consumers already know: Certain types of food are getting considerably more expensive, with beef prices up 7.4% during the past year and eggs up 9.9%. The household pain doesn’t end there: Electricity costs rose 5.3% during the past 12 months and natural gas soared by 16.4%. The typical paycheck, meanwhile, has risen by just 2% or so.

    Economists aren’t particularly worried about rising prices, however. Food and energy prices are notoriously volatile, and they’ve risen largely because of temporary factors. A bigger concern: Prices that are barely rising or falling, which can signal pernicious stagnation or worse.

    Overall inflation is running at just 1.7% per year, below the Federal Reserve’s target of 2% annual inflation. Several big categories of stuff are getting cheaper, including clothes, furniture, appliances and of course

    Read More »from 3 ways low prices are actually harming consumers
  • Canadians who have yet to sort their receipts into different piles must be breathing a sigh of relief to know that the Canada Revenue Agency is extending the filing deadline as a result of the Heartbleed chaos.

    Tax season is all about the numbers. Here are a few more.

    Canadians don’t miss snail mail

    As of the end of March, the agency had received 6.7 million returns, with 84 per cent filed electronically.

    Of those, nearly 32 per cent of Canadians filed using Netfile and nearly 52 per cent used Efile. That leaves just over 16 per cent of Canadians using paper and paying for a stamp.

    Last year, 76 per cent of Canadians filed their income-tax return electronically, an increase of 17 per cent over the previous year.

    On March 24, 2014, the number of online submissions processed on the CRA website hit a seasonal high of 1,763 per minute.

    Show us the money, quickly

    As of March 24, 2014, 65 per cent of taxpayers getting a refund received it by direct deposit, compared to 61 per cent at the

    Read More »from Canadian income tax by the numbers
  • What's that car really worth? A helpful infographic

    Calculating vehicular value is a tricky business. Some cars depreciate quickly, others hold their value extremely well. This infographic will make clearer how much you should pay your next car.

    What's your car really worth? This helpful infographic from Unhaggle.com makes the calculation easy.Unhaggle.com makes the calculation easy." data-src="https://s.yimg.com/os/publish-images/autos/2014-04-15/3ed1fb70-c4cf-11e3-b061-a52ada277147_unhaggle-whats-that-car-really-worth-infographic.jpg" data-width="630" data-alignment="left" />

  • Consumer prices are still rising at a rate below the Fed's 2% annual target but they're creeping higher, weighing on households already under pressure from stagnant incomes.

    Consumer prices in March rose 0.2%, or 1.5% over the past 12 months, largely because food prices are climbing. Food prices were up 0.4% in March -- but three times as much for just meat, poultry fish and eggs. On an annualized basis that selective food index was up 5.1%. Beef prices alone are at a 27-year high.

    Related: How 4 companies control almost all the meat you eat

    "The rising cost in beef prices and pork prices [is what] really drives these rising food costs," says Christopher Waldrop, director of the Food Policy Institute at the Consumer Federation of America.

    Like most higher price trends, it's a matter of supply and demand. The 2012 drought in Texas and California resulted in higher feed prices, which caused many farmers to reduce their herds that produce beef. The U.S. cattle herd is the smallest it's

    Read More »from Expect to pay more for beef & pork for the foreseeable future
  • Markets ended the day up slightly after recovering from a midday slump. The Dow (^DJI) ended the day up 0.55%. The Nasdaq (^IXIC) closed up 0.29%. And the S&P 500 (^GSPC) ended the day up 0.68%.

    Federal Reserve Chair Janet Yellen said banks may need to hold additional capital to weather financial stress. Speaking via video to an Atlanta banking conference, Yellen said additional capital could help make the banks more stable if another financial crisis occurred. She said stricter rules are possible, but they would likely only apply to the most complex banks. The Fed will conduct a review to see how stricter rules would affect banks.

    New York Attorney General Eric Schneiderman is reportedly investigating whether Herbalife (HLF) is a pyramid scheme. The New York Post reported that the attorney general’s office has spoken to at least two people who have given sworn testimony. The report comes after a shareholder class action lawsuit was filed in a federal district court in Los Angeles

    Read More »from Markets regain after midday slump and end in the green
  • If you expect your employer to help cover the cost of your healthcare in retirement, you may be unpleasantly surprised.

    The number of employers providing health benefits for retirees has been in a state of steady erosion over the past few decades — dropping from 40% of firms to 28% between 1988 and 2013, according to a new report by the Kaiser Family Foundation. At larger companies (200+ employees) the drop has been even more dramatic, falling from 66% to 28%.

    Source: Kaiser Family Foundation

    As it stands, fewer than one in five employees work for a company that offers health benefits to retirees.

    "It's hard to forsee a scenario where this trend will be reversed," says Trisha Neuman, senior vice president of the Kaiser Family Foundation and co-author of the report. "Employers are making decisions on an annual basis on how they want to structure their plans. They’re deciding what they’re willing to pay.”

    The root of the decline is simple enough: Healthcare is growing increasingly expensive, and as retirees live

    Read More »from Employers are shifting the burden of health care to retirees
  • Monday's stock market rally may have convinced investors that the carnage is over but "scars still remain" from last week's big selloff, says The Daily Ticker's Aaron Task. Monday's rally helped the major indices erase some recent losses but they're still down for the month and year.

    Related: Stocks rally but this bull sees more pain ahead

    "This selloff is largely emotion driven," explains Yahoo's Jeff Macke in the video above. "Investors have to manage their emotions."

    Related: The market is rigged: Here's how not to be a victim

    Ukraine's crackdown on pro-Russian separatists, China's slowing economy and other geopolitical concerns are priced in to the market and cannot be blamed for the dramatic drop in momentum stocks, notes Macke.

    "Ukraine is a sideshow," he adds. "What's happening with the Nasdaq has nothing to do with what's happening with Putin."

    Related: America's "secret" economic weapon: Can it contain Putin?

    The Reformed Broker's Josh Brown says odds of a market crash are

    Read More »from Emotionally driven selloff leaves scars


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