Costs of being A dad

Since you are now responsible for another human being, you should know that the estimate of what it will cost to raise your child is approximately a quarter of a million dollars.

ETFs

Technology

Nike to slash 1,400 jobs, cut sneaker styles in shakeup

Nike wants to be more nimble on its feet and sell more shoes directly to customers online as part of a restructuring in which it plans to cut about 1,400 jobs and reduce the number of sneaker styles it offers by a quarter.

Stocks

Pershing Announces New No-Transaction-Fee ETF Platform – FundVest ETF

As inflows into exchange traded funds on the Pershing platform increased 20 percent in 2016 from the previous year, Pershing announced Thursday its new no-transaction-fee ETF platform: FundVest ETF. The no-transaction-fee platform requires no purchase minimums or holding period, and will be available to all Pershing clients. Pershing Director of Financial Solutions Justin Fay said as…

3 Surprising Hot ETF Following the Fed Rate Hike

Contrary to what many expected, Treasury bond exchange traded funds were among the best performers after the Federal Reserve raised benchmark interest rates for the third time in six months. Among the top performing ETFs, the iShares 20+ Year Treasury Bond ETF (NYSEArca: TLT), PIMCO 25+ Year Zero Coupon US Treasury (NYSEArca: ZROZ) and Vanguard…

Twitter Unveils Updates To Its Platform

Twitter Inc. unveiled an updated platform Thursday that puts the user's profile, additional accounts and privacy in the same tab, which is now a side-navigation menu.

Retirement

U.S. Stock ETFs Can’t Shake Ongoing Tech Weakness

The weakness in the technology sector has been an ongoing theme, weighing on broad U.S. equities and stock exchange traded funds, on increased anxiety over lofty valuations as markets hover near record highs. The S&P 500 Index, along with related funds including the SPDR S&P 500 ETF (NYSEArca: SPY), iShares Core S&P 500 ETF (NYSEArca:…

Cyber Security ETF Unveils a Lower Fee

Many exchange traded funds that can be considered highly focused or niche products sport annual fees that are higher than their plain vanilla counterparts. At least the PureFunds ISE Cyber Security ETF (NYSEArca: HACK) is doing something about that. HACK’s annual fee is now 0.6%, down from 0.75%. That new fee went into effect on…

APNewsBreak: Official says more Hanford nuke mishaps likely

Future accidental radiation releases at the largest U.S. site of waste from nuclear weapons production are likely following back-to-back emergency evacuations of workers in May and June because aging infrastructure is breaking down, the top Energy Department official at the site told The Associated Press.