BC-Money & Markets Extra Digest
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
“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.
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.
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.
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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