Trump or Clinton? The stock market says the winner is…
Who will win: Hillary Clinton or Donald Trump? Polls aren’t the only predictor. Keep an eye on the stock market and economy.
Clinton is the heavy favorite if the economy and markets are thriving. Many voters equate her with the Obama era. In contrast, Trump benefits from financial angst because then voters are more apt to want change.
Every Sunday in October, CNNMoney will check in on what the “market metrics” tell us about Election 2016. Right now, the S&P 500 test points to a Trump win, but everything else points to Clinton.
How Donald Trump could have – legally – paid no taxes
Losses can be the gifts that keep on giving when you make your money the way Donald Trump does.
The bigger his loss, the lower his taxes.
Trump claimed a $916 million loss in 1995, according to a few pages from his state tax returns obtained by the New York Times.
Because of how Trump structured his businesses and because of the vast array of tax breaks available to real estate developers, it’s a loss that he could have used to reduce the income tax he might otherwise owe.
Facebook Instagram Keeps Clicking As Advertisers Double In 6 Months
Facebook (FB) is cashing in on Instagram, which announced the photo- and video-sharing platform surpassed 500,000 advertisers, more than double that of six months ago.
The announcement comes a year after Facebook said it would expand efforts to make ads on Instagram available to more types of businesses, and also announced an international expansion that made Instagram ads available to businesses in more than 30 countries.
In Q2, Instagram rolled out new tools to make it easier for businesses to promote posts and track performance directly from the Instagram app.
Netflix goes down. Twitter blows up
Saturday bingewatchers were put on hold when Netflix experienced a massive outage.
Issues began just before 3 pm ET and lasted about three hours. And during the outage, users took to Twitter (TWTR, Tech30) to air their complaints. Downdetector — which monitors outage complaints online — reported more than 13,000 posts from users all over the world Saturday afternoon.
How Political Ignorance Threatens Democracy
One of the pillars of a democratic society is that all members get an equal say in political decisions and policy. When it comes to public elections, you don’t have to be a policy expert or have a Ph.D. in economics to have your voice heard.
In fact, elections may be one of the few times in America where everyone, no matter how wealthy, successful or educated, gets an equal say.
Unfortunately, too many Americans take for granted the tremendous responsibility of choosing the leaders of the most powerful country in the world.
Wells Fargo CEO forfeits $41 million as company launches probe
Wells Fargo CEO John Stumpf will forfeit much of his 2016 salary — including his bonus and $41 million in stock awards — as the bank launches a probe into its phony accounts scandal.
The fallout from the controversy has also resulted in its first major executive departure. Carrie Tolstedt, who headed the division that created the fake accounts, has left the company ahead of her scheduled retirement at year end.
U.S. Supreme Court to weigh reach of insider trading law
The U.S. Supreme Court is set to consider this week a closely watched insider trading case that could limit the ability of prosecutors to pursue such charges against hedge fund managers and other traders.
The eight justices, who open their 2016-17 term on Monday, will hear arguments on Wednesday in the case of an Illinois man, Bassam Salman, who prosecutors said made nearly $1.2 million trading on inside information about mergers involving clients of Citigroup Inc, where his brother-in-law worked.
Amazon Is Taking Over The Market, One Sector At A Time
Nearly 20 years have passed since Amazon’s 1997 IPO, and the company is now the world’s largest retailer. The stock has been hitting all-time highs, and currently sports a market cap of $400 billion.
Yet Amazon is showing no signs of complacency.
This week, the Wall Street Journal reported that Amazon’s package delivery ambitions are larger than many had expected.
Pair Of Top Internet Stocks Break Out To New High
A couple of solid breakouts by internet leaders highlighted Thursday’s action, though neither is a current Sector Leader.
Still, internet names make up nearly a third of the screen. Two, Facebook (FB) and GrubHub (GRUB), hail from the internet content industry group. The third, Gigamon (GIMO), is an internet-networking play.
Facebook remains in buy range from a 128.43 flat-base entry cleared earlier this month, while GrubHub and Gigamon are both extended from their respective buy areas.
Walmart is making a comeback. Watch out, Amazon?
Can anything stop Amazon? Don’t rule out a little retailer based in Arkansas. What’s its name again? Oh yeah. Walmart.
Yes, Amazon hit another new all-time high Thursday. Shares are now up 23% this year. The company’s market value is $395 billion. Billion. With a capital B. Just like Bezos.
And sure, the Amazon (AMZN, Tech30) CEO is now worth $70 billion.
Here’s How To Play All Of These Twitter Rumors, According to Axiom’s Options Desk
Twitter Inc TWTR 0.17% shares have surged to their highest level since December on yet another wave of buyout chatter. The most recent rumors linked both Walt Disney Co DIS 1.15% and Microsoft Corporation MSFT 0.35% as possible buyers.
Twitter has seen a constant stream of these buyout rumors throughout 2016. Despite no actual bids for the company, the stock is up 48 percent in the past three months.
Other Interesting Weekend Reads…
Former Navy SEAL commanders explain why they still wake up before dawn every day — and why you should, too
Jocko Willink retired in 2010 after 20 years in the Navy SEALs, but he still gets up at 4:30 a.m. nearly every day to work out.
Willink served as the commander of US Navy SEAL Team Three, Task Unit Bruiser, the most decorated unit of the Iraq War, and established a culture of discipline and responsibility that he calls “extreme ownership.”
8 Reasons to Become an Entrepreneur (Infographic)
Do you dream of starting your own business but fear giving up a stable paycheck?
Rather than focusing on that fear, consider how your life will change when you are doing something that you truly enjoy.
No matter what you choose to do in life, there will be pros and cons. When you focus on the risks of losing your regular source of income, you distract yourself from the benefits of pursuing your dream.
This One Quality Is the Most Important to Success
‘It separates the really good guys from the average guys.’
In this video, Entrepreneur Network partner Peter Esho discusses successful habits in sports and business with former athlete and business owner Denan Kemp. Kemp, a retired Australian professional rugby player in the National Rugby League (NRL), now hosts the Facebook show The Locker Room, where he interviews athletes.
Kemp says the secret to success for athletes is… watch the video — >>
9 science-backed ways to be a happier person
Most people like being happy.
But happiness isn’t always easy, and we don’t always know what makes us happy or unhappy on a day-to-day basis.
Thankfully, science is here to help. We’ve rounded up some of the best available research on why people become happy and how they stay that way.
There’s a hidden map in your iPhone of everywhere you’ve been
There’s a feature on your iPhone that tracks your frequent locations on a map and logs the times you arrived and departed. Here’s how to access it and turn it off, in case this freaks you out.
3 Simple but Powerful Tips for Startup Success
Everyone has to start somewhere. Whether he or she works for the largest corporation or the hottest start-up, every entrepreneur starts at square one.
Related: Some People Have a Therapist. I Have a Business Coach.
What separates the haves from the have-nots, however, is the path they take after stepping off square one. Though many paths lead to success, some are more direct and have fewer bumps along the way. No one, of course, finds success without encountering a few obstacles.
So, below are three tips I share with my clients to help them navigate the startup process and find success.
Why a mysterious black briefcase follows the US president everywhere
The so-called nuclear Football is a black leather briefcase that contains top-secret items capable of allowing the US president to authorize a nuclear strike while away from fixed command centers, such as the Situation Room.
Officially referred to as the “president’s emergency satchel,” the unsophisticated-looking portable Football is hand-carried by one of five military aides and is always within reach of the commander in chief, just in case.
According to Bill Gulley, a former director of the White House Military Office… Read More — >>