BC-Money & Markets Extra Digest
For the week ending Saturday, May 19, 2018
MONEY MATTERS-BRA SHOPPING ONLINE
Shopping for bras, particularly online, can be an exercise in frustration. Changing fashions and better fit tools on sellers’ websites are making it a bit easier.
THE WEEK IN REVIEW
FDA accelerates approval of treatment to combat U.S. opioid epidemic; Hawaii’s Kilauea volcano costs state millions in lost tourism; Macy’s sales soar in first quarter
5 survival strategies for camping on a budget
WIRELESS & CASHLESS
An e-commerce battle is heating up in India after Walmart agreed to pay $16 billion for a controlling stake in Flipkart, India’s Amazon-like online store.
SMALL BUSINESS MONITOR
Age is no barrier to entrepreneurship, but a company owner under the age of 18 may need an adult’s help when it comes to signing contracts and legal papers and getting loans.
CBS eyes independence
The on-again, off-again talks of reuniting CBS and Viacom appear to be off for the moment after CBS sued its majority shareholder.
Uber makes fresh bid to reverse reputation for brushing aside bad behavior; Amazon to give Prime members extra discounts at Whole Foods; BJ’s Wholesale Club to offer shares in return to stock exchange
OF MUTUAL INTEREST-REACTING TO RATES
Most experts agree that inflation is going to speed up eventually as the economy expands, and while it’s not clear exactly when greater inflation will arrive, Steve Wood, chief market strategist for Russell Investments, says it’s not too soon to prepare.
INSIDER Q&A-PEAK EARNINGS
Sam Stovall, chief investment strategist for CFRA, talks to The Associated Press about why he thinks slower corporate profit growth this year and next isn’t a reason to worry.
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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