Category: Finance

Moody’s downgrades Tesla credit rating on Model 3 production delays

The price on Tesla’s eight-year junk bond, which matures in 2025, fell to its lowest since it was issued in August. It hit 90.8 cents late Tuesday afternoon just...

Trump health insurance proposal could push 2019 premiums up by $2K

“It creates a situation where older Americans and people with pre-existing conditions are left in the ACA marketplace, and that would make their premiums go...

Icahn, with 6 percent of Newell Brands shares, hasn’t decided which side he’s on

Billionaire Carl Icahn reported a greater than 6 percent stake in Rubbermaid parent Newell Brands, calling them undervalued, according to a regulatory filing on Friday....

Using bitcoin in your IRA may be a bad idea

In a standard retirement account, your investments are typically limited to stocks, bonds and money market funds. “If you walk into Fidelity and say, ‘Put...

SixCap filed for liquidation, owes investors $143 million: report

The company, known as SixCap, was placed into insolvent liquidation last month in the British Virgin Islands where it’s incorporated, according to a statement...

What to watch for in your 401(k) amid market selloff

You may still want to ask yourself, “How’s my 401(k) doing?” even though the markets aren’t giving President Donald Trump anything to brag about....

Fintech bank Revolut breaks even as it prepares global expansion

British digital banking app Revolut has broken even for the first time, in a rare development for a niche sector that has struggled with profitability. Revolut said...

Fees could sink your retirement savings. Here’s what to do about it

The next time you check your 401(k) account, take a careful look at the fees you’re paying. “Fees erode returns,” and what you don’t know could...

Food group Danone eyes further sales and profit growth for 2018

Andrey Rudakov | Bloomberg | Getty Images Cartons of strawberry yogurt pass along a conveyor belt before packaging at the Group Danone in Russia dairy production plant...

JP Morgan strategist to investors: Don’t panic

Behind the turmoil is the prospect of rising interest rates and there’s “nothing wrong” with that, Kelly also said. “It’s appropriate as...