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Top Ten: Weekend roundup: Facebook | Trade wars | AbbVie’s costly disappointment

MarketWatch rounded up 10 of its maximum interesting subjects over the past week.

1. Facebook pile-on

Over the previous 2 half years — 10 profits seasons — buyers were thrilled to peer Facebook Inc. FB, -3.34%  record quarterly gross sales growth of greater than 40% over the year-earlier duration. But the stock has skidded 7% over the past week, as users, executive officials and buyers react to the obvious misuse of Facebook user data by way of Cambridge Analytica. Here’s a sampling of MarketWatch protection:

• Facebook CEO Zuckerberg’s apology excursion — too little, too overdue

• Why Facebook stocks are ‘useless cash’ for rest of 2018

• How to get Facebook to stop the use of your data

• The Facebook controversy may well be excellent for Apple

• Web’s author expresses sympathy for ‘devastated’ Mark Zuckerberg

• WhatsApp co-founder who made billions from Facebook now says to delete it

2. Regulating firms that gather private data

This Michigan State University professor believes that regulating Facebook wouldn’t prevent a equivalent data breach. That's as a result of this misdeed was once brought about by way of “a wild violation of academic analysis ethics.”

Read about European efforts to protect peoples’ privateness on the net:

• How Europe is better at protecting data than the U.S. — and what the Stasi and Nazis have to do with it

• 5 issues to learn about Europe’s new data rules

3. Why are you freely giving your personal data?

One explanation why there could be a breach of Facebook data is that users of the social media giant freely give away their knowledge. Here’s how little it takes to motivate folks to surrender their privateness.

four. ‘Warrior’ president stops bragging about the stock marketplace

President Trump was once quick to take credit score for the stock marketplace’s strong performance all through his first yr in place of job, but issues have changed. The Dow Jones Industrial Average DJIA, -1.77%  is on pace for its worst March performance since 2001. Early this month when his plan for tariffs on steel and aluminum was once introduced, the president described his world business coverage this way:

Trump loves to start out negotiations by way of taking an excessive position and then backing off. But many buyers don’t imagine it'll be simple to win a business war with China.

Here are some differing opinions about business conflicts:

• ‘I don’t suppose it is a business war,’ says veteran Wall Street strategist

• With China tariffs, Trump barks but doesn’t bite

• U.S. soybeans would be China’s largest weapon in a business war

• EU plus six different nations get temporary U.S. tariff reprieve

5. AbbVie’s painful trial

Shares of AbbVie Inc. ABBV, -Zero.65%  plunged 13% on Thursday after disappointing trial effects for an extended most cancers drug underneath development that the company paid $5.eight billion to obtain in 2016. And the footnotes of AbbVie’s announcement made the trial effects look even worse.

6. Enthusiasm for driverless automobiles would possibly need to be curbed

Car producers and others were waxing poetic for years about the courageous new global of driverless automobiles and vans this is simply across the corner. There is attainable to avoid wasting tens of thousands of lives yearly within the U.S. with the best era, but this week’s fatality in Tempe, Ariz., shows the will for a planned, well-regulated approach, in step with Tarun Wadhwa.

7. Evolving considering on the Fed

Rux Nutting describes how U.S. economic cycles run from recession to recession and concludes that the Federal Reserve underneath Jerome Powell continues to show a willingness to let the unemployment charge continue to fall before hitting the brakes.

eight. Good news for ageing employees

Technology has resulted in power disruption of work markets, but demographic developments may make it more uncomplicated for more folks to stay working properly into their 70s.

9. Beware target-date budget

If you've got an employer-sponsored retirement plan, chances are high that that the plan administrator is touting target-date budget with funding chance tailored to a five-year increment inside of which you plan to stop working. The idea is to limit chance as you get with reference to your retirement date. But target-date budget will have their own risks, as Mitch Tubman explains.

10. A millennial writes about how you'll be able to make your cash work for you

Danielle Town, the author of a new ebook on investing, stocks her “billionaire-style” approach inspired by way of Warren Buffett and Charlie Munger.

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