U.S. President Donald Trump speaks in the East Room of the White House in Washington, D.C., U.S., on Tuesday, June 25, 2019. Al Drago | Bloomberg | Getty Images President Donald Trump lambasted Twitter, Google and other technology giants on Wednesday for what he sees as their efforts to repress his messaging and public commentary.
Month: June 2019
When it comes to Social Security benefits, women and minorities tend to receive less money. That means those individuals have a greater chance of retiring into poverty or grappling with financial instability if they become disabled. That also affects their families, who often receive less in dependent or survivor benefits. Congressional Democrats took to the
Getty Getty Most would agree that the type of job you hold determines how you feel about working. Some jobs just offer more and better benefits. The tasks associated with prestigious and professional occupations make them more ego-gratifying and intellectually stimulating, not to mention better paying. These jobs contribute greatly to one’s emotional well-being because
A beachfront estate on 1.8 acres in Rhode Island ideal for use as a family compound is on the market for $8.5 million. Courtesy of Christie’s International Real Estate A waterfront estate on 1.8 acres in a hidden enclave of Bristol Highlands, Rhode Island is on the market for $8.5 million. The home is located
Shutterstock If you actively trade securities, futures, forex or crypto, consider setting up a trading business to maximize tax benefits. With a sole proprietorship, a trader eligible for trader tax status (TTS) can deduct business and home-office expenses and make a timely Section 475 election on securities for tax loss insurance and a potential qualified
Facebook CEO Mark Zuckerberg speaks during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images Facebook CEO Mark Zuckerberg on Wednesday said the U.S.’s weak response to the 2016 Russian election interference has resulted in similar activity from more nation states like Iran. “The signal that
Frederick Smith, CEO of FedEx. Adam Jeffery | CNBC FedEx CEO and Chairman Frederick Smith said on Tuesday the company’s lawsuit against the Department of Commerce is “separate and distinct” from recent shipping incidents involving Chinese technology company Huawei. The shipping company sued the Department of Commerce on Monday, saying that regulations requiring companies to
A Tesla Model S is displayed during the London Motor and Tech Show at ExCel on May 16, 2019 in London, England. John Keeble | Getty Images News | Getty Images Analysts at Credit Suisse initiated coverage of Tesla Wednesday with a relatively bearish outlook on the electric vehicle maker, thanks in part to ambitious,
Paychex Access payroll card in Brookline, Mass. Pat Greenhouse | The Boston Globe | Getty Images Shares of Paychex dropped on Wednesday after Bank of America downgraded the stock due to its “excessive valuation” and “underwhelming fundamentals.” The bank slashed its rating for the employment services company to underperform from neutral, while keeping its 12-month
A bill that cleared the House on Wednesday includes an amendment that would upend securities regulators’ plans to hold brokers to a new standard when giving advice to retail investors. Added to an appropriations bill that passed 224 to 196, the late addition would prohibit the Securities and Exchange Commission from implementing and enforcing a
Atlanta Mayor Keisha Lance Bottoms waits to speak at the Atlanta Press Club luncheon, Tuesday, June 18, 2019, in Atlanta. Andrea Smith | AP City governments are under assault from ransomware, malicious software that infects entire computer networks, freezing up important files and equipment until the organization pays for a key to unlock the information.
© 2015 Bloomberg Finance LP Japan is ahead of China in the Southeast Asia. In building the region’s infrastructure, that is. That’s according to a recent Fitch Solutions survey published by CNBC. Japan’s outstanding projects in the Southeast Asia are valued at $367 billion. China’s projects are valued $255 billion. Japan’s projects are concentrated in
One Brooklyn knitter turned the library in her Park Slope townhouse into yarn storage. Carolina Carvalho-Cross As a millennial knitter for the past dozen years, I’ve come to understand just how much being a maker becomes part of a person’s identity. For me and many of the other knitters, crocheters, fiber spinners and sewers I
If you drive a car, I’ll tax the street, If you try to sit, I’ll tax your seat. If you get too cold, I’ll tax the heat, If you take a walk, I’ll tax your feet. —–TAXMAN – The Beatles – 1966 This is an apolitical statement: at Proficio Capital we believe with a high
Customers exit a Target Corp. store in Colma, California David Paul Morris | Bloomberg | Getty Images Retailers can’t let Amazon have all the fun on Prime Day. Target and eBay so far have announced their own deal strategies following Amazon’s announcement Tuesday — where it said Prime Day will actually run for two days
General Mills Cereal boxes Joe Raedle | Getty Images Shares of General Mills tumbled Wednesday after the Cheerios maker’s quarterly revenue fell short of analysts’ estimates as fewer Americans eat its snack foods. The company’s stock, which has a market value of $32.2 billion, fell by more than 5% during premarket trading. Net sales for
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters The S&P 500 is about to pull off its best first half of a year in at least 10 years and the Dow Jones Industrial Average is having its best June since 1938, but underneath this impressive rally is a
Federal Reserve Chairman Jerome Powell holds a news conference following the two-day Federal Open Market Committee (FOMC) policy meeting in Washington, U.S., March 20, 2019. Jonathan Ernst | Reuters Despite a policy pivot earlier this year and an even clearer shift just last week, the Federal Reserve remains miles apart from what Wall Street wants.
Jim McGuire | Getty Images The Social Security program is approaching insolvency. Social Security costs keep escalating, with future expenses for the program expected to be 20% higher than projected revenue. To that point, action must be taken promptly to prevent an across-the-board benefit cut for many current and future beneficiaries, according to the Social
If you’ll reach age 65 after this year, be aware that the lineup of Medicare supplement insurance policies — aka Medigap plans — will look a bit different beginning in 2020. While the options will remain the same for people who turn 65 before Jan. 1, those who hit that Medicare-eligible age after this year
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