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Study: Overconfident people more likely to make bad crowdfunding investments

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Do you believe in yourself? If so, you may want to think twice before investing in crowdfunded ventures. New research from Indiana University’s Kelley School of Business shows that people who overestimate their talent at investing are three times more ...

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A number to know: Oprah’s investment loss

$58 million Oprah Winfrey lost nearly $58 million on paper from her investment in Weight Watchers International Wednesday morning as the company’s stock fell more than 36 percent. READ MORE AT USA TODAY >

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Business news roundup

The number of billionaires in China went down by 161 because of a plunge in Chinese stock markets and weak currency CNN BUSINESS > FedEx unveiled SameDay Bot, an autonomous delivery service to be tested in some markets this summer. ...

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Some tax tips for the 2018 season

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The Tax Cuts and Jobs Act could change the way you do your 2018 taxes. Moskowitz LLP, a San Francisco tax law firm, has the following tips for the 2018 tax season:

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Business news roundup

Amazon’s deal to build a new campus in New York was supposed to be foolproof. Why did the deal fail? CNN > Amazon made $11.2 billion in profits in 2018, but will pay $0 in taxes. Here’s why.  THE GUARDIAN ...

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A number to know: Company valuation

$6 billion The market value that Xiaomi Corp. stock lost in a a three-day rout, as analysts have trimmed profit and sales forecasts for the company while China’s martphone market slows down. READ MORE AT BLOOMBERG >

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Business news roundup

Costco sells out of 27-pound mac-and-cheese bucket with 20-year shelf life NEW YORK POST > Alphabet, the parent company of Google, has been sued over its sexual misconduct policy. BBC NEWS > President Donald Trump’s trade war could divide smartphone ...

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Steps for your end-of-year financial checkup

(Brandpoint)

The end of the year is an ideal time to reflect on your financial plan and review your savings and investing approach. Before you say goodbye to 2018, take these steps to maximize your savings and help position your portfolio favorably for the coming year:

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Do Americans want activist CEOs?

Researchers at The Stanford Graduate School of Business and the Rock Center for Corporate Governance looked at the prevalence of CEO activism, the range of positions taken by CEOs and the public’s reaction to activism. DOWNLOAD THE FULL REPORT >

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These are the highest-paid radio hosts

According to Forbes, the highest-paid radio hosts for 2018 are: 1. Howard Stern ($90 million) 2. Rush Limbaugh ($84.5 million) 3. Ryan Seacrest ($74 million) 4. Sean Hannity ($36 million) 5. Glenn Beck ($8.5 million)

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A number to know: Holiday travel

46 million The Transportation Security Administration recently estimated a record 46 million people will fly during the 2018-19 holiday season. READ MORE AT THE WASHINGTON POST >

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