A $10,000 investment in Amazon.com 20 years ago would be worth $4.9 million today. So, why didn't you buy it and hold it that whole time? We'll tell you the scientific reason why. And which 9 stocks are in position to give Amazon a run for its money in the new, ever changing field of retail? The names might surprise you in this report from Barron's
It's a TATRO Tuesday!--today we'll be discussing Facebook CEO Mark Zuckerberg's Harvard commencement speech where he called for a Universal Basic Income for all--but we don't think he mentioned free tuition at Harvard. And now, backing up Zuckerberg is Tesla founder Elon Musk. Musk says robots will take half of all jobs in the next decade. The American Association for the Advancement of Science proclaimed robots could wipe out half of all jobs currently performed by humans not later than 2030--less than 13 years from now. Get the facts and statistics and see how it could all affect your retirement investments!
Don't miss a special Memorial Day edition of Mastering Money with Steve and Ken--and Red Skelton. Larry Kudlow is also featured on today's show. Listen in!
ESPN, one of the most powerful names ever in cable television that got so popular Disney bought it outright--has lost nine million subscribers in the past three years alone, is losing money hand over fist, and Disney shareholders say it is time to dump it. We'll find out what one prominent sports commentator says the real problem is. ....Then..Got Milk? In fact, maybe we've all got too much of it! Farmers are dumping milk in the fields due to a glut, as the population of dairy cows has grown to a record number. Green Bay fans will be happy to learn that there has never been more cheese in reserve--and that ain't no bull.
Estate planning attorney Richard Dwornik is in the house, but first a A fascinating Wall Street Journal report. U.S. Insurance companies employ 2.1 million Americans and although they are adding artificial intel systems for data analysis, they still need peopleto perform key tasks. That doesn't stop them from using algorithms to determine the likelihood of automobiles crashing, hurricanes wiping out beach towns and juries finding doctors liable for malpractice. . Then
Algorithmic trading is taking over Wall Street. Investments held by what are known as quant hedge funds have more than doubled in three years from $408 billion dollars in 2013 to $918 billion dollars by the end of 2016, says the Wall Street Journal, and will surpass the one trillion mark soon. Find out why Wall Street firms are hiring physics PhDs rather than Wharton or Harvard MBAs. And, it's a Tatro Tuesday! A big show lined up today along with breaking news stories!
it’s a Larry Kudlow Monday! The one and only Larry Kudlow, economist and former Reagan advisor, shares his views on money and politics, today focusing on health care reform, Donald Trump, and plenty more—get a true Washington insider's take on what's happening now—then Steve wraps it up right after Larry
The WannaCry ransomware attack may be just the beginning. Demand for chief information security officers is rising as cybersecurity problems attract the attention of corporate boards. About 65% of large U.S. companies now have what is known as a CISO position--Chief Information Security Officer--up from 50% in 2016, according to the Information Systems Audit and Control Association. And today is a JOE FRIDAY!! Mortgage expert Joe Capitano is in the house to bring us all up to date on both mortgages and the real estate market.