Can app help you invest like a billionaire?
The iPhone has made a fortune for Apple, and turned a handful of app developers into instant millionaires, but a new app aims to help average investors be more like Warren Buffett.
Dow Hits Record, Erasing Great Recession Losses
(NEW YORK) — The stock market is back. Five and a half years after the start of a frightening drop that erased $11 trillion from stock portfolios and made investors despair of ever getting their money back, the Dow Jones industrial average has regained all the losses suffered during the Great Recession and reached a new high. The blue-chip index rose 125.95 points Tuesday and closed at 14,253.77, topping the previous record of 14,164.53 on Oct. 9, 2007, by 89.24 points. “It signals that things are getting back to normal,” says Nicolas Colas, chief market strategist at BNY ConvergEx, a brokerage. “Unemployment is too high, economic growth too sluggish, but stocks are anticipating improvement.” The new record suggests that investors who did not panic and sell their stocks in the 2008-2009 financial crisis have fully recovered. Those who have reinvested dividends or added to their holdings have done even better. Since bottoming at 6,547.05 on March 9, 2009, the Dow has risen 7,706.72 ...
Apple stock jumps on $1B Samsung verdict
Federal jury found that some of Samsung's products illegally copied features and designs from Apple's iPhone and iPad
Found more than 1 month ago on channel CBS