3 out of 4 American children in families rely on their mothers’ salaries

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Source: Market Watch Personal FinanceNearly three quarters of the country’s 33 million children in families (around 74%) rely on their mother’s earningsin a country where dual-earning married couples was the most common type of household, followed by households led by a single mom, according to an analysis of American Community Survey data conducted by Washington, D.C.-based thi … [Read more...]

Forget Paris, these are the European spots you should visit this summer

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Source: Market Watch Personal FinanceThe waiters can be snobby, the city cold and unfriendly, and now it’s armed to the teeth with security, yet Paris will undoubtedly remain a fixture among the most popular European travel destinations every summer.But are you ready to think outside the box? Lonely Planet, which publishes some of the most popular travel guides in the world, h … [Read more...]

Live Nation: Ariana Grande world tour suspended following Manchester attack

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Source: Market Watch Personal FinanceAriana Grande has suspended her “Dangerous Woman” tour in the wake of the terrorist attack in Manchester, England.The suspension affects the singer’s planned concerts through June 5, including shows in Belgium, Poland, Germany and Switzerland, tour organizer Live Nation said Wednesday. Grande also canceled two concerts she was set to perform … [Read more...]

Three reasons to fear the coming crash in bitcoins

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Source: Market Watch Personal FinanceAn investment of $1,000 in bitcoin in 2010 would be worth more than $38 million today, not $38 billion, as an earlier version of this column mistakenly stated.$1,000 $2,000 or $3,000. Heck, it could be up to $10,000 by the end of the month, and carry on climbing from there. While most markets around the world are mildly positive for this … [Read more...]

The stock market should be more worried about the hard economic data

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Source: Market Watch Personal FinanceThe election of Donald J. Trump as president in November unleashed a wave of confidence among businesses, consumers, and investors that prosperity was just around the corner. This so-called “soft” data, based mostly on sentiment surveys, point to a surging economy in which 3% GDP growth—which we haven’t seen consistently since the 1990s—was w … [Read more...]

Bitcoin is up over 400% in the past year—what’s stopping it from going mainstream?

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Source: Market Watch Personal FinanceBitcoin may not seem as though it needs much help these days, having soared more than 400% over the past 12 months, but the industry surrounding digital currencies and blockchain—the cryptocurrency’s underlying technology—needs to address some major issues if it is going to be viable for a broad and mainstream consumer base. Check out: Bitco … [Read more...]

Oil reverses some losses as investors get ready for OPEC meeting

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Source: Market Watch Personal FinanceOil prices rebounded on the heels of the first losing session in six on Thursday as investors undertake their last positioning ahead of later Thursday’s meeting of the Organization of Petroleum Exporting Countries.Finalization of an extension to ongoing production cuts is widely expected to be announced, as might an agreement to make output r … [Read more...]

Lenovo Group net profit falls 41%

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Source: Market Watch Personal FinanceLenovo Group Ltd. (0992.HK) swung to a net profit for the year ended March on the back of the absence of one-off charges.The Chinese PC maker said Thursday that its full-year net profit was US$535 million, compared with a net loss of US$128 million a year earlier when it recorded restructuring costs of US$596 million and onetime charges of … [Read more...]

Why Pope Francis did Donald Trump a huge favor when they met at the Vatican

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Source: Market Watch Personal FinanceThis could be a blessing in disguise.During President Trump’s visit to the Vatican on Tuesday, the pope was caught on camera asking Melania Trump, “What are you feeding him, potica?” The First Lady replied, “Pizza? Yes.” Was Pope Francis inferring that the president needed to lose weight (or merely poking fun at his robust figure)? Potica is … [Read more...]