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GoPro stock drops after key supplier’s outlook
Vera Bradley soars on results, upbeat outlook
Oil prices keep sliding; WTI down2%
Europe stocks waver | FTSE 100 regains ground

China stocks rebound from day’s sharp selloff
Intel overhauls chip business to revive PC sales
AT&T urges rejection of TRC Capital offer
Amgen finds data falsified in diabetes study


U.S. productivity rises at fastest pace since end of 2013
Productivity rises at fastest pace since end of 2013

Why gold now looks more risky than stocks
Why gold now looks more risky than stocks: Reeves

Still too many gold market bulls, says Hulbert
Morgan Stanley cuts S&P 500 price target
Tuesday’s 10 weakest S&P 500 stocks

Donald Trump, Hillary Clinton playing game of liar’s poker with the voters
Trump, Clinton play game of liar’s poker: Delamaide
Bush mounts ‘germophobe’ attack on Trump

Workers don’t do better in unions
Opinion: Workers don’t do better in unions
Raising wages to $15 would raise prices by 4%
LA: $15 wage will lift 600,000 out of poverty

Growing doubts among Viacom investors lead to 50% stock drop
Growing doubts among Viacom investors

China stock market to close for World War II anniversary
China tightens controls to fight capital outflows

Guide to managing money from your 20s to your 70s
Guide to managing money from your 20s to your 70s
Take your company pension, or buy an annuity?
Don’t overcomplicate 401(k) transfer to an IRA
Is this all the investing advice you’ll ever need?

Never use a market order when stocks are selling off

Uber drivers lawsuit  endangers much more than Uber
Uber will likely appeal class action decision
Uber driver suit can proceed as class-action

McDonald’s set to offer all-day breakfast

No. 1 restaurant for ‘breakfastarians’ is ...
Teacher with 111 tardies blames breakfast

Where every Fed member stands on raising rates

Rate-hike question is what Yellen didn’t want
Boston Fed president: Sept. doubt remains

What to expect at September Apple event
What to expect from the Apple event on Sept. 9
New on the shelves of your Apple Store: drones
Apple talks to Hollywood for exclusive content
Lost Apple deal leads to 40% job cut at GT

Unlucky lottery winner gets IOU from Illinois

The 11 richest people on the planet under 35
The 11 richest people on the planet under 35

Babe Ruth’s New York apartment is for sale

These are the cars that get the most Instagram attention
Best time to buy a new car may be just ahead
U.S. car sales are stronger than expected

10 cities in U.S. with the very worst traffic problems
Lowest Labor Day gas prices in 11 years: AAA


/conga/frontpage.html 353928

Markets »

23.63MDow Volume:
Avg Vol: 111.86M
Unchanged
248
Decliners
2026
Advancers
3929
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,208 +149 0.93%
Nasdaq
/quotes/zigman/12633936/realtime 4,681 +45 0.96%
S&P 500
/quotes/zigman/3870025/realtime 1,929 +15 0.77%
GlobalDow
/quotes/zigman/629063/realtime 2,304 +8 0.36%
Gold
/quotes/zigman/662444/delayed 1,138 -2 0.18%
Oil
/quotes/zigman/2331095/delayed 45.40 -0.01 0.02%
FTSE 100
/quotes/zigman/3173262/delayed 6,126 +67 1.11%
DAX
/quotes/zigman/2380246/delayed 10,085 +69 0.69%
CAC 40
/quotes/zigman/3173214/delayed 4,588 +47 1.04%
FTSE MIB
/quotes/zigman/1482176/delayed 21,735 +284 1.32%
IBEX 35
/quotes/zigman/2759620/delayed 10,017 +24 0.24%
Stoxx 600
/quotes/zigman/2380150/delayed 356 +3 0.83%
Asia Dow
/quotes/zigman/6959860/realtime 2,704 -14 0.51%
Nikkei 225
/quotes/zigman/5986735/delayed 18,095 -70 0.39%
Hang Seng
/quotes/zigman/2622475/delayed 20,935 -250 1.18%
Shanghai
/quotes/zigman/1859015/delayed 3,160 -6 0.20%
Sensex
/quotes/zigman/1652085/delayed 25,454 -243 0.95%
Singapore
/quotes/zigman/1709939/delayed 2,878 -5 0.16%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 -0.01 0.72%
Yen
/quotes/zigman/16008150/realtime/sampled 120.12 +0.74 0.62%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 0.00 0.05%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 +0.00 0.06%
DXY Index
/quotes/zigman/1652083/delayed 95.83 +0.45 0.47%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.54 +0.37 0.42%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.19 +0.03 1.56%
German 10y
/quotes/zigman/15866409/realtime 0.81 +0.01 1.20%
Italy 10yr
/quotes/zigman/15866497/realtime 2.00 +0.01 0.35%
Spain 10yr
/quotes/zigman/15866444/realtime 2.15 +0.01 0.66%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.85 +0.02 1.13%
Japan 10yr
/quotes/zigman/15866525/realtime 0.39 +0.03 8.56%
Crude Oil
/quotes/zigman/2331095/delayed 45 0 0.02%
Gold
/quotes/zigman/662444/delayed 1,138 -2 0.18%
Corn
/quotes/zigman/7599553/delayed 368 -1 0.34%
DJIA F
/quotes/zigman/38649152/delayed 16,225 +138 0.86%
S&P F
/quotes/zigman/30356461/delayed 1,932 +16 0.81%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.72%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 88.18 0.95 1.09%
AAPL /quotes/zigman/68270/composite 109.93 2.21 2.05%
GOOG /quotes/zigman/30194416/composite 604.67 6.88 1.15%
BAC /quotes/zigman/190927/composite 15.70 0.17 1.06%
C /quotes/zigman/5065548/composite 51.43 0.49 0.96%
F /quotes/zigman/264304/composite 13.74 0.02 0.15%
T /quotes/zigman/398198/composite 32.75 0.43 1.33%
BP /quotes/zigman/247026/composite 31.99 -0.15 -0.48%
GE /quotes/zigman/227468/composite 24.00 0.12 0.50%
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Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

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Encore
A blog about living in and planning for retirement

Race Horses Crush a Nest Egg

There’s not much to feel good about in the ongoing story of 66-year-old Henry Wolfson of Skokie, Ill. To sum up: On Labor Day weekend, the local newspaper runs a heart-tugging story about Wolfson, a much-liked substitute teacher (unmarried, no kids) whose low pay and struggles with medical bills have forced him to live in a homeless shelter. The much-liked teacher’s former students launch fundraising drives to help him out. A few weeks later, the local newspaper reports something it had neglected to dig into earlier, which is that the much-liked teacher had lost about $180,000 in a little over a year gambling in off-track betting parlors, squandering most of a 2007 inheritance.

Wolfson is now offering refunds to anyone who donated to his cause, and the local paper is offering a mea culpa for having failed to do a basic background check that might have unearthed details about his inheritance. But the saga is mostly playing out in the media as a who-suckered-who story, ignoring what seems to me to be the more salient point: this much-liked 60-something gentleman blew $180,000 on the ponies—in barely a year!

Gambling opponents have been up in arms for decades the way the gaming industry woos seniors. Psychologists generally agree that some common problems that plague older people – loneliness, boredom and mild cognitive impairment – can make a night at the casino or the OTB sound like both a relief from sorrow and a “sure thing” financial proposition.

The most prominent study I could find that tried to hang a number on the senior-gambling issue (admittedly not very recent, as it’s from 2005) surveyed a group of Philadelphia seniors and found that 70% had gambled in the past year, while about 11% exhibited signs of having a gambling problem – betting more than they could afford to lose, for example. What’s 11% multiplied by 78 million baby boomers? An enormous financial headache waiting to happen.

 

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About Encore

  • Encore examines the changing nature of retirement, from new rules and guidelines for financial security to the shifting identities and priorities of today’s retirees. The blog also explores news that affects retirement, from the Wall Street Journal Digital Network and around the web. Lead bloggers are reporter Catey Hill and senior editor Jeremy Olshan. Other contributors include The Wall Street Journal’s retirement columnists Glenn Ruffenach and Anne Tergesen; the Director for the Center for Retirement Research at Boston College, Alicia Munnell; and the Director of Research for Pinnacle Advisory Group, Michael Kitces, CFP.

MarketWatch - Stock Market Quotes, Business News, Financial News

New York Markets Close in:

need to know
GoPro stock drops after key supplier’s outlook
Vera Bradley soars on results, upbeat outlook
Oil prices keep sliding; WTI down2%
Europe stocks waver | FTSE 100 regains ground

China stocks rebound from day’s sharp selloff
Intel overhauls chip business to revive PC sales
AT&T urges rejection of TRC Capital offer
Amgen finds data falsified in diabetes study


U.S. productivity rises at fastest pace since end of 2013
Productivity rises at fastest pace since end of 2013

Why gold now looks more risky than stocks
Why gold now looks more risky than stocks: Reeves

Still too many gold market bulls, says Hulbert
Morgan Stanley cuts S&P 500 price target
Tuesday’s 10 weakest S&P 500 stocks

Donald Trump, Hillary Clinton playing game of liar’s poker with the voters
Trump, Clinton play game of liar’s poker: Delamaide
Bush mounts ‘germophobe’ attack on Trump

Workers don’t do better in unions
Opinion: Workers don’t do better in unions
Raising wages to $15 would raise prices by 4%
LA: $15 wage will lift 600,000 out of poverty

Growing doubts among Viacom investors lead to 50% stock drop
Growing doubts among Viacom investors

China stock market to close for World War II anniversary
China tightens controls to fight capital outflows

Guide to managing money from your 20s to your 70s
Guide to managing money from your 20s to your 70s
Take your company pension, or buy an annuity?
Don’t overcomplicate 401(k) transfer to an IRA
Is this all the investing advice you’ll ever need?

Never use a market order when stocks are selling off

Uber drivers lawsuit  endangers much more than Uber
Uber will likely appeal class action decision
Uber driver suit can proceed as class-action

McDonald’s set to offer all-day breakfast

No. 1 restaurant for ‘breakfastarians’ is ...
Teacher with 111 tardies blames breakfast

Where every Fed member stands on raising rates

Rate-hike question is what Yellen didn’t want
Boston Fed president: Sept. doubt remains

What to expect at September Apple event
What to expect from the Apple event on Sept. 9
New on the shelves of your Apple Store: drones
Apple talks to Hollywood for exclusive content
Lost Apple deal leads to 40% job cut at GT

Unlucky lottery winner gets IOU from Illinois

The 11 richest people on the planet under 35
The 11 richest people on the planet under 35

Babe Ruth’s New York apartment is for sale

These are the cars that get the most Instagram attention
Best time to buy a new car may be just ahead
U.S. car sales are stronger than expected

10 cities in U.S. with the very worst traffic problems
Lowest Labor Day gas prices in 11 years: AAA


/conga/frontpage.html 353928

Markets »

23.64MDow Volume:
Avg Vol: 111.86M
Unchanged
234
Decliners
2037
Advancers
3932
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,207 +148 0.92%
Nasdaq
/quotes/zigman/12633936/realtime 4,680 +44 0.95%
S&P 500
/quotes/zigman/3870025/realtime 1,928 +15 0.76%
GlobalDow
/quotes/zigman/629063/realtime 2,304 +8 0.36%
Gold
/quotes/zigman/662444/delayed 1,138 -2 0.18%
Oil
/quotes/zigman/2331095/delayed 45.40 -0.01 0.02%
FTSE 100
/quotes/zigman/3173262/delayed 6,127 +68 1.12%
DAX
/quotes/zigman/2380246/delayed 10,085 +70 0.70%
CAC 40
/quotes/zigman/3173214/delayed 4,588 +47 1.04%
FTSE MIB
/quotes/zigman/1482176/delayed 21,735 +284 1.32%
IBEX 35
/quotes/zigman/2759620/delayed 10,015 +22 0.22%
Stoxx 600
/quotes/zigman/2380150/delayed 356 +3 0.83%
Asia Dow
/quotes/zigman/6959860/realtime 2,704 -14 0.51%
Nikkei 225
/quotes/zigman/5986735/delayed 18,095 -70 0.39%
Hang Seng
/quotes/zigman/2622475/delayed 20,935 -250 1.18%
Shanghai
/quotes/zigman/1859015/delayed 3,160 -6 0.20%
Sensex
/quotes/zigman/1652085/delayed 25,454 -243 0.95%
Singapore
/quotes/zigman/1709939/delayed 2,878 -5 0.16%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 -0.01 0.71%
Yen
/quotes/zigman/16008150/realtime/sampled 120.11 +0.74 0.62%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 0.00 0.05%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 +0.00 0.04%
DXY Index
/quotes/zigman/1652083/delayed 95.83 +0.45 0.47%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.54 +0.37 0.42%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.19 +0.03 1.56%
German 10y
/quotes/zigman/15866409/realtime 0.81 +0.01 1.20%
Italy 10yr
/quotes/zigman/15866497/realtime 2.00 +0.01 0.35%
Spain 10yr
/quotes/zigman/15866444/realtime 2.15 +0.01 0.66%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.85 +0.02 1.07%
Japan 10yr
/quotes/zigman/15866525/realtime 0.39 +0.03 8.56%
Crude Oil
/quotes/zigman/2331095/delayed 45 0 0.02%
Gold
/quotes/zigman/662444/delayed 1,138 -2 0.18%
Corn
/quotes/zigman/7599553/delayed 368 -1 0.34%
DJIA F
/quotes/zigman/38649152/delayed 16,226 +139 0.86%
S&P F
/quotes/zigman/30356461/delayed 1,932 +16 0.81%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.72%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 88.18 0.95 1.09%
AAPL /quotes/zigman/68270/composite 109.96 2.24 2.08%
GOOG /quotes/zigman/30194416/composite 604.67 6.88 1.15%
BAC /quotes/zigman/190927/composite 15.69 0.16 1.03%
C /quotes/zigman/5065548/composite 51.60 0.66 1.30%
F /quotes/zigman/264304/composite 13.74 0.02 0.15%
T /quotes/zigman/398198/composite 32.75 0.43 1.34%
BP /quotes/zigman/247026/composite 31.99 -0.15 -0.48%
GE /quotes/zigman/227468/composite 24.00 0.12 0.50%
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Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

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