BC-Money & Markets Extra Digest
For the week ending Saturday, August 25, 2018
MONEY MATTERS-FAMILY TRAVEL
The Trump administration has declined to draft rules detailing how airlines should apply a new law meant to ensure children are seated next to an adult family member. That means that kids are still being separated from their parents while other families are paying more to guarantee seats together.
THE WEEK IN REVIEW
Bull market in U.S. stocks becomes longest in history; long-term U.S. mortgage rates fall for the third consecutive week; Federal Reserve signals rate hike coming in September
Why you should avoid tapping into your home equity.
WIRELESS & CASHLESS
Amazon.com opened its first cashier-less store this year, but it could be some time before your neighborhood Walmart or Target follows suit.
SMALL BUSINESS MONITOR
Some small businesses offer employees time off to volunteer for charity. Letting employees take paid time off to volunteer can indeed be a gift, as well as a sign of the owner’s values.
Cloud computing boom
Amazon remains firmly atop the field in cloud computing, but the market shares of Microsoft and Google are growing twice as fast.
Kroger phasing out plastic bags; Nabisco uncages Barnum’s Animals on its cracker boxes; U.S. on pace for third consecutive year of 40,000 traffic deaths
OF MUTUAL INTEREST-BULL HAS LEGS
The same factors that have propelled U.S. stocks to their longest-running bull market — corporate earnings growth and a resilient U.S. economy bolstered by a solid job market and consumer confidence — could keep this bull running for some time, experts say.
INSIDER Q&A-AT&T-DAVID CHRISTOPHER
David Christopher, the president of AT&T’s mobility and entertainment division, talks to The Associated Press about how people’s media consumption is changing and the role that wireless carriers are playing in that change.
If you invested $1,000 at the start of this year in various types of stocks, bonds and commodities, how much would you have now?
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