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War likely to wipe 9% off Lebanon's GDP, with fallout set to exceed 2006 conflict

BEIRUT/NEW YORK – The war between Israel and armed group Hezbollah is expected to wipe 9% off Lebanon’s national wealth as measured by GDP, the United Nations said on Wednesday, with the scale of hostilities and the economic fallout set to surpass the last war in 2006.

The U.N. Development Programme’s rapid appraisal of the conflict’s impact on Lebanon’s gross domestic product was released a day ahead of a summit hosted by France to help drum up international support for Lebanon.

 » Read more about: War likely to wipe 9% off Lebanon's GDP, with fallout set to exceed 2006 conflict  »

Dow trades near session lows, set for longest losing streak since August

U.S. stocks were seeing some renewed selling pressure on Wednesday, trading near session lows as the 10-year Treasury yields advanced further, while a slump in shares of McDonald’s Corp. and Starbucks Corp. also weighed on the broader market.

The Dow Jones Industrial Average was falling over 290 points,

 » Read more about: Dow trades near session lows, set for longest losing streak since August  »

Stock market today: Wall Street barely budges as GM’s best day in years offsets GE Aerospace tumble

NEW YORK — U.S. stock indexes barely budged after a quiet day of mixed trading on Tuesday.

The S&P 500 edged down by less than 0.1%. It was a tiny loss, but it still marked the first back-to-back drop for the index in a month and a half.

 » Read more about: Stock market today: Wall Street barely budges as GM’s best day in years offsets GE Aerospace tumble  »

Stock Market Today: Dow futures struggle to gain traction as Treasury yields rise further

All three major U.S. stock indexes remained lower into Wednesday’s afternoon trading, with the Dow Jones Industrial Average on track for its third straight day of losses, as rising Treasury yields weighed on risk-taking sentiment.

The Dow was down 306 points, or 0.7%, at 42,623. It was poised to match its longest losing streak since Aug.

 » Read more about: Stock Market Today: Dow futures struggle to gain traction as Treasury yields rise further  »

Stock market today: Wall Street slips as its red-hot rally cools some more

NEW YORK (AP) — U.S. stocks are falling Wednesday as some more steam comes out of Wall Street’s huge, record-breaking rally.

The S&P 500 was 0.8% lower in midday trading. It’s coming off two small losses since setting an all-time high on Friday and is on track for its first three-day losing streak since early September.

 » Read more about: Stock market today: Wall Street slips as its red-hot rally cools some more  »

Roth vs. Traditional IRA Investments: Don't Let the Tail Wag the Dog

Slott and Levine noted that investments that have a high return and that are also tax inefficient are often best placed in the Roth, because it has tax deferral and tax-free growth.

“So, if you have inefficient investments, meaning investments that produce a lot of capital gains or interest or dividends each year,

 » Read more about: Roth vs. Traditional IRA Investments: Don't Let the Tail Wag the Dog  »

DuckDuckGo will be making more early-stage investments in privacy-focused startups

DuckDuckGo, the privacy-focused search alternative to Google, wants to put money into startups that have a similar focus on privacy.

The company says that it’s actively seeking startups looking for investment, or startups that might be interested in partnering up or being acquired. In a blog post today,

 » Read more about: DuckDuckGo will be making more early-stage investments in privacy-focused startups  »

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