23andMe CEO, Anne Wojcicki 23andMe Sales of consumer-focused DNA tests from companies like Ancestry and 23andMe are down this year. And while companies in the space aren’t offering any reasons why, experts speculate that the natural expiration of the early adopter wave and growing privacy concerns are to blame. But companies might be able to
In the early 2000s, professional poker reached new heights in popularity. Between ESPN, the 1998 movie “Rounders,” and Chris Moneymaker’s out-of-nowhere win at the 2003 World Series of Poker, the lure of turning professional and earning millions brought many to Las Vegas. Poker, however, is a game where players can go long periods without a
James Bullard David Orrell | CNBC This is a breaking news story. Please check back for updates. St. Louis Fed President James Bullard spoke with CNBC’s Steve Liesman on Friday from the Federal Reserve’s economic policy symposium in Jackson Hole, Wyoming. “You take out the insurance, if nothing happens you take it back,” said Bullard.
Purdue University Michael Hickey/Getty Images Venture capitalists, colleges and politicians are working to make income sharing agreements the norm on campuses. Consumer advocates are sounding the alarm. Under these types of agreements, students forfeit a slice of their future income in exchange for money to pay for college. The contracts are often framed as a
Insider buying can be a great indicator for us income investors to buy alongside management. After all, when the big bosses reach into their own pockets to purchase their own payout streams, it’s a signal that they are confident in more than just the next dividend. They believe their stock has upside, too. Often this
The real estate industry is facing disruption on two fronts: brokers are getting younger, and technology is changing how business is done. With older professionals retiring and recent grads entering the industry, it’s not surprising that this shift in demographics has brought other changes. Along with a shift in industry professionals comes an increase in
A documentary on billionaire hedge fund manager and founder of Tudor Investment Corporation, Paul Tudor Jones. This documentary follows Paul predicting the 1987 stock market crash and his trading behaviour. It also shows his frantic lifestyle and thoughts on philanthropy. 📚 Paul Tudor Jones favorite books are located at the bottom of the description❗ Like
An experimental patch designed to deliver cancer medications through the skin Source: M.I.T. An experimental patch designed to deliver cancer medications through the skin showed promise in mice and human skin samples, according to new research presented Sunday at the American Chemical Society conference in California, San Diego. Researchers at the Massachusetts Institute of Technology
Customers walk with Foot Locker shopping bags on the Third Street Promenade in Santa Monica, California. Patrick T. Fallon | Bloomberg | Getty Images Check out the companies making headlines in midday trading: Apple, Nvidia, Broadcom, Caterpillar — Shares of the tech companies, along with Caterpillar, all traded lower after President Donald Trump tweeted that
Republican presidential candidate Donald J. Trump speaks at the Saint Andelm College New Hampshire Institute of Politics in Manchester, New Hampshire June 13, 2016. Timothy A. Clary | AFP | Getty Images The White House is reportedly discussing a variety of options to try to juice U.S. economic growth ahead of the 2020 election, including
It’s no secret that today’s markets are uncertain. Between recent triple-digit drops to the Dow Jones Industrial Average and renewed fears of a looming recession, this year’s record run-up on stocks has been put on pause. Whether that’s just a blip or signs of a prolonged downturn is to be determined. In times like these,
Share to facebook Share to twitter Share to linkedin A few million people still are eligible to use a Social Security benefits strategy that’s so valuable Congress banned it. But time is running out for them. The strategy is known as filing a restricted claim for benefits. It’s available to married couples and some divorced
Share to facebook Share to twitter Share to linkedin National rents just notched their slowest uptick in almost two years. According to data from property analytics firm CoreLogic, rents grew just 2.9% in June, down from a 3% rise last year. Month over month, RENTCafe shows rents rose just $3, hitting $1,469 nationally. But it’s
R2-D2 and BB-8 attend Go Behind The Scenes with Walt Disney Studios during D23 Expo 2019 at Anaheim Convention Center on August 24, 2019 in Anaheim, California. Frazer Harrison | Getty Images Entertainment | Getty Images Disney is the king of the box office. The company, which houses a half dozen studios under its film
Sam Britton, head of tech, media and telecom M&A at Goldman Sachs Source: Goldman Sachs In the perpetual battle for tech investment banking supremacy, Goldman Sachs has taken a commanding lead this year over its Wall Street rivals, thanks to its top role in the three biggest deals of 2019. The guy at the center
People walk by a Nike store in New York. Spencer Platt | Getty Images Here are the biggest calls on Wall Street on Friday: Seaport Global initiated KB Home, D.R. Horton, Lennar, and PulteGroup as ‘buy’ Seaport said that despite it being a “volatile” group, the firm had a “generally positive” view of the homebuilders.
Brian Guay is a young man with a goal. The 25-year-old from Bedford, Massachusetts, who has autism, works three jobs and saves every paycheck. He is descended from a long line of farmers on his father’s side and says he wants to purchase a farm of his own someday. He’s stashing away more than $1,000
. Photographer: Andrew Harrer/Bloomberg © 2019 Bloomberg Finance LP Global financial markets could face a nightmare scenario one day: the burst of multiple bubbles, fueled by years of easy money around the globe. That’s what happened back in 2008-9. US stocks dropped 37%, German stocks 42%, and Chinese stocks 62%; commodities dropped 37 percent (with
Homeownership is considered a core part of achieving the American Dream. However, that achievement is slipping out of reach of many Americans these days. U.S. homeownership has been at record lows throughout this decade. More Americans are renting as a response while managing with stagnant wage growth. The path to homeownership in today’s America has
Share to facebook Share to twitter Share to linkedin Shutterstock There are significant tax advantages for independent contractors (IC) vs. employees. ICs deduct business expenses, whereas, the new tax law (TCJA) suspended “unreimbursed employee business expenses” as miscellaneous itemized deductions. ICs are eligible for TCJA’s 20% qualified business income (QBI) deduction, whereas, employees are not.