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BC-Money & Markets Extra Digest

May 2, 2019

For the week ending Saturday, May 4, 2019

MONEY MATTERS-MAX FLIGHTS

The grounding of Boeing 737 Max jets likely means that fare increases this summer will be larger than already expected.

THE WEEK IN REVIEW

Fed signals neither a rate hike nor a cut is likely soon; Beyond Meat goes public; Many college grads feel their grip on middle class loosening.

QUICK FIX

How to start financial planning when a family member has special needs.

WIRELESS & CASHLESS

Snapchat is letting video game developers adopt its popular Bitmoji feature, which lets you personalize a cartoon avatar.

SMALL BUSINESS MONITOR

Owners of small businesses need to get their companies ready for staffers to take vacations.

CENTERPIECE

Walgreens’ first year as part of the Dow Jones Industrial Average hasn’t been good for Walgreens, or for the Dow. The drugstore chain’s share price has plunged 20 percent since it was added to the index late last June.

MARKET PULSE

Tesla CEO Elon Musk must clear his statements about the company before making them public; New York City will no longer allow alcohol advertisements on city property; PetSmart’s online pet store Chewy plans an initial public offering.

OFF THE CHARTS-MILLENIAL HOMEBUYERS

The competition to buy that first home will be even tougher over the next decade as the biggest crop yet of millennials enter prime home-buying age.

INSIDER Q&A-ZHENG

Questions and answers with Denise Zheng, vice president at the Business Roundtable, an association of CEOs of major U.S. companies. Zheng oversees the technology and internet innovation committee.

$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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