No oil slump here: New Mideast port could rival Singapore

No oil slump here: New Mideast port could rival Singapore

Oil producers have been slashing investment by hundreds of billions of dollars in the past year or two. Not here. From my vantage point on a small tug boat in the Gulf of Oman, I watched last week as “The Kelly” — a super tanker with a capacity of two million barrels — docked at → Read More

3 Top Biotech Stocks to Buy on Sale

3 Top Biotech Stocks to Buy on Sale

Image source: Getty Images. Investors looking for growth opportunities often like what they find in the biotech sector. Unfortunately, biotech stocks frequently come with valuations that are either sky-high or highly speculative. The good news, though, is that there are some biotech stocks with solid financials and great pipelines that can be bought relatively inexpensively. → Read More

Deutsche Bank shares plunge to lowest level in over 20 years

Deutsche Bank shares plunge to lowest level in over 20 years

Uncertainty affecting banking stocks Shares in Germany’s biggest bank haven’t been this cheap for more than 20 years. Deutsche Bank stock slumped as much as 6.5% on Monday. The trigger appeared to be reports over the weekend that the German government has ruled out state assistance for the troubled bank. Read More

Can You Guess Which Big Pharma Has Raised Its Drug Prices 5 Times Since June 2014?

Can You Guess Which Big Pharma Has Raised Its Drug Prices 5 Times Since June 2014?

Image source: Getty Images. This is probably far from breaking news — or in any way shocking — but prescription drug prices are soaring. If you’ve filled a prescription recently, you probably don’t need that affirmation. According to an analysis conducted by healthcare data company Truveris earlier this year, prescription drug inflation topped 10% in → Read More

Taxes: 5 Facts Every Baby Boomer Should Know

Taxes: 5 Facts Every Baby Boomer Should Know

Image source: Getty Images Baby Boomers are those born between 1946 and 1964, currently aged between about 52 and 70. They’re approaching retirement or have already entered it, and there are a bunch of tax-related things they would do well to know, as some could save them a lot of money. Read on, for five → Read More

Can You Guess How Much Credit Card Debt the Average Household Has?

Can You Guess How Much Credit Card Debt the Average Household Has?

Many Americans rely on credit cards for purchasing power in the absence of cash on hand. But there’s a difference between using credit cards wisely, and using them as an excuse to charge away the things you can’t afford. Unfortunately, Americans across all ages and income levels have a tendency to fall into the latter → Read More

10 Smart Things You Can Do with $1,000 Right Now

10 Smart Things You Can Do with $1,000 Right Now

Image source: Getty Images. Did you win a mini-lottery? Get a huge birthday gift? Have a month with drastically lower spending? Whatever the reason, congratulations on the extra $1,000. Now don’t blow it! Here are 10 smart ideas for how you can use that extra cash: 1. Pay off high-interest debt This is mentioned first for → Read More

ITT Tech: The for-profit college that went up in smoke

ITT Tech: The for-profit college that went up in smoke

For-profit colleges explained ITT Tech abruptly shut down its 130 campuses earlier this month, leaving 35,000 students without a degree and 8,000 employees without a job. But if you were paying attention, the school’s demise shouldn’t have been a total shock. The government and an independent accrediting agency had shown concern for years about ITT → Read More

Baidu (BIDU) Offering Possible 39.66% Return Over the Next 25 Calendar Days

Baidu (BIDU) Offering Possible 39.66% Return Over the Next 25 Calendar Days

Baidu’s most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $187.50 short put and a strike $182.50 long put offers a potential 39.66% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to → Read More

The 6-Point Personal Finance Checklist for 40-Somethings

The 6-Point Personal Finance Checklist for 40-Somethings

Hitting your 40s can only mean one thing: You’re undeniably an adult, and there are certain financial responsibilities you can no longer get away with ignoring. If you’re in your 40s, be sure to check these critical items off your list. IMAGE SOURCE: GETTY IMAGES. 1. Check on that emergency fund In our early working → Read More

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