BlackRock Investment Institute released its 2018 Global Investment Outlook on Monday. Terry Simpson, Multi-Asset Investment Strategist at the Institute, explains his outlook for the economy heading into the new year.
The top themes in 2018 include: room to run in economy growth, inflation making a comeback in select regions, and lower reward for risk. This year, the global stage saw big surprises in economic growth from Europe, Japan, and China. Simpson expects the economic recovery to continue, but adds that there won't be as many surprises in 2018.
On Sunday, CBOE launched futures contracts for cryptocurrency. During this first day on futures, Bitcoin surged 26 percent. Simpson says he sees tremendous opportunity for blockchain technology. But, Simpson says, now is not an opportune time to recommend that its institutional clients invest in crypto assets, because of lack of regulation and volatility.
Apple announced that starting this week, it will stop selling some versions of the Apple watch in the U.S.
Southwest Airlines will pay a $35 million fine as part of a $140 million settlement to resolve a federal investigation into a debacle in December 2022 when the airline canceled thousands of flights and stranded more than 2 million travelers over the holidays.
The House of Representatives recently passed a bill aimed at increasing transparency in healthcare.
If you have a flexible spending account, here's some short information for you so you don't leave money on the table.
With high healthcare costs, bills can quickly add up. In some cases, it is possible to negotiate your medical bills. Barak Richman, law professor at George Washington University, joined Cheddar News to discuss the easiest way to talk to medical debt companies about what's owed.
Millions of people have selected insurance plans for 2024 but sometimes navigating them can be tricky time consuming and expensive. Paula Pant, host of 'Afford Anything' podcast, joined Cheddar News to break down what's needed to know about their insurance plans.
The European Union is investigating Elon Musk's X over alleged illicit content and disinformation on its platform. Cheddar News breaks it all down and discusses what it could mean for users.
Adobe and Figma called off their $20 million merger, Southwest Airlines gets fined, Nippon Steel is buying U.S. Steel and oil and gas prices surge after a pause in shipments.
With more employees being called back to the office, many workers are suddenly protesting by being in the office for as little time as possible. As the term suggests, coffee-badging means coming in for just enough time to have a cup of coffee, show your face, and swipe your badge.
Japan's Nippon steel is buying U.S. Steel for $14.9 billion.
