Is this a wise alternative to credit cards?

It’s hardly a secret that millennials loathe credit card debt. They fear it, in some cases more than other very frightening life events. It was widely reported last year that debt conscious millennials are disrupting the credit card industry in large part because only one in three members of this demographic carries plastic. Instead, they prefer to … Read more

London Markets: FTSE 100 gains ground as pound dips before Bank of England rate verdict

U.K. stocks moved higher Thursday, aided by pound weakness before the Bank of England delivers its latest decision on interest rates, as the key London index continued to recover from a selloff prompted by trade tensions earlier in the week. How markets are moving The FTSE 100 index UKX, -0.07%  moved 0.4% higher at 7,657.48. … Read more

These 3 ‘game changers’ are shaking up asset management, KPMG partner says

It’s been a rough ride for active fund managers in recent years, as they wrestle with tougher regulations, increased competition on fees and technological disruptions hurting the industry. But there’s a silver lining — or three, to be exact — and asset managers who figure out a way to navigate the shifting landscape will come … Read more

How AMC’s new subscription service stacks up to MoviePass and its competitors

Grab your popcorn because the battle of the movie-ticket subscription services is ratcheting up. AMC AMC, +2.15% revealed Wednesday that it will begin offering its own movie-theater subscription service, to be called AMC Stubs A-List, later in June. The plan is designed to compete with MoviePass HMNY, -30.65% which has attracted notoriety since it lowered … Read more

The New York Post: Trump reportedly threw Starburst candy at Merkel at G-7 meeting

President Donald Trump reportedly tossed a Starburst toward German Chancellor Angela Merkel during the G-7 summit in Canada. The candy diplomacy took place during a tense exchange that was caught in a memorable image of Trump with arms folded while surrounded by European allies, according to CBS News. “Trump was sitting there with his arms … Read more

Asia Markets: Surge from Down Under leads Asia-Pacific stock gains

An uncertain start for Asia-Pacific stocks has turned into broad gains in early trading Thursday, with indexes Down Under leading the way. New Zealand’s stock benchmark NZ50GR, +1.40%   was up 1.4% to hit fresh record highs while Australia’s S&P/ASX 200 XJO, +1.10%   was 1.2% higher after notching a 10½-year closing best Wednesday. Japan’s … Read more

The Wall Street Journal: SoftBank director: ‘I get so worried’ by massive, widespread investments

TOKYO — A SoftBank Group Corp. director told the Japanese giant’s shareholders that its breakneck investment pace worries him, highlighting tensions over Chief Executive Masayoshi Son’s penchant for big bets in loss-making startups. “Please don’t think you can rest easy,” Tadashi Yanai, who leads clothing retailer Uniqlo and serves as an outside director on SoftBank’s … Read more

Key Words: Will detained migrant children be reunited with parents? No one seems to know

President Donald Trump on Wednesday stopped his administration’s widely condemned policy of separating children from their parents at the border, but one big question lingers: What happens to the nearly 2,500 children already in federal custody? No one seems to really know. “There will not be a grandfathering of existing cases,” a spokesman for the … Read more

The Wall Street Journal: White House wants to merge federal Labor, Education departments

The White House plans to propose merging the departments of Labor and Education as part of a broader reorganization of the federal government, said a person with knowledge of the proposal. An announcement is planned for Thursday morning, after a monthslong review of cabinet agencies with an eye toward shrinking the federal government. The reorganization … Read more