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BC-Money & Markets Extra Digest

January 3, 2019

For the week ending Saturday, Jan. 5, 2019

MONEY MATTERS-TIPS FOR BUYING SHEETS

Shoppers looking to start the new year with fresh, high-quality sheets might want to skip the so-called white sales at mass retailers. Parachute, Brooklinen and other startups are cutting out middlemen and selling directly to customers online at a fraction of the price.

THE WEEK IN REVIEW

Apple sinks as iPhone demand wanes; Nordstrom executive dies; Michael Kors changing name following Versace deal

QUICK FIX

“Gig economy” work can make for a stressful tax season that eats up your time. A separate credit card for business purposes can help simplify things and offer value to your side hustle.

WIRELESS & CASHLESS

Smart devices add marvelous efficiencies and convenience to homes. But privacy and security experts caution care.

SMALL BUSINESS MONITOR

Small business owners looking for new space may be considering buying rather than renting.

CENTERPIECE

The best defense?

Raytheon, Northrop Grumman and other defense contractors saw their stocks drop late last month after President Donald Trump’s unexpected decision to withdraw U.S. soldiers from Syria.

MARKET PULSE

Lord & Taylor closes flagship NYC store; Netflix criticized over decision to pull episode in Saudi Arabia; cancer drug developer Celgene being bought for $74 billion

OFF THE CHARTS-MUTUAL FUNDS-YEAR IN REVIEW

What made a dismal year even worse for investors was how all-encompassing it was. All types of stock funds, bond funds and commodity funds sank through 2018 as worries flared about rising interest rates, a predicted slowdown in economic growth and the painful effects of the global trade war.

INSIDER Q&A-ROSETTA STONE CEO

Rosetta Stone CEO John Hass talks with The Associated Press about how the Arlington, Virginia-based business known for selling foreign language CDs is expanding into teaching reading in U.S. schools and revamping its core language business.

$1,000 DERBY

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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