12 killed in fiery plane crash in Costa Rica

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A plane crashed in Costa Rica on Sunday, killing all 12 people on board, 10 foreign passengers and two crew members, local authorities said. The crash happened near Punta Islita in the Guanacasta province according to Costa Rican officials who posted images of the burning wreckage amid a thicket of trees. It was not immediately clear […]

HUSSMAN: Trump’s tax cuts are a ‘quickly planned looting through a broken window in our nation’s character’

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John Hussman thinks tax cuts are coming a little too late in the economic cycle, when there’s little room for much faster growth. “The current tax legislation isn’t some thoughtful reform to benefit Americans,” he said in his December monthly note. “It’s a quickly planned looting through a broken window in our nation’s character.” He […]

A top private equity recruiter explains why there’s a ‘perfect storm’ for hiring right now

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Fundraising and “dry powder” in the private-equity industry is booming. This “perfect storm” has stoked demand for talent and increased compensation for junior-level employees, according to top recruitment firm Heidrick & Struggles. Senior talent is as coveted as ever, but money is less of a concern and they’re harder to lure away. Compensation is surging […]

These are the leading credit card processing companies (JPM, BAC, C, WFC, VNTV, TSS, BCS, FDC, WPG)

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Credit card processors are mostly responsible for data transmission and security when you use your card at a store or online to make a purchase. There are two types of processors in the payment-card system. Front-end processors route transactions from merchants to the cardholder’s bank to gain authorization; that is, they make sure a customer has enough available […]

There’s a ‘submarine trend’ in the tech world, and it’s affecting nearly every company you know (AMZN, AAPL, FB, NFLX, GOOGL)

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Artificial intelligence took the world by storm in 2018, but its impact on the tech world is hard to measure. Because the technology is woven into everything a modern tech company does, it doesn’t show up in a profit and loss statement, for example. One of the biggest tech trends of the year is also […]