A patient at the Veterans Affairs Medical Center in Washington, D.C. Jeff Hutchens | Getty Images President Donald Trump signed a memorandum on Tuesday to automatically cancel the student debt of tens of thousands of disabled veterans. “Today I’m proud to announce that I am taking executive action to ensure that our wounded warriors are
Month: August 2019
US President Donald Trump sign a Presidential Memorandum on Discharging the Federal Student Loan Debt of Totally and Permanently Disabled Veterans, at the American Veterans (AMVETS) 75th National Convention in Louisville, Kentucky on August 21, 2019. Photo credit: AFP/Getty Images (Photo by Mandel NGAN / AFP) / ALTERNATIVE CROP (Photo credit: MANDEL NGAN/AFP/Getty Images) President
The Mountain looks over all of Beverly Hills MATTHEW MOMBERGER /JUWAN LI The largest parcel of land for sale in Los Angeles, that comes with precious grandfathered-in rights to build 12 feet higher than current code, has sold for a fraction of its worth after years of discord and some last minute legal wrangling. A
Share to facebook Share to twitter Share to linkedin “I’m not looking at a tax cut now. We don’t need it. We have a strong economy,” President Trump said Wednesday. ASSOCIATED PRESS Topline: President Trump said Wednesday he is no longer considering a payroll tax cut, contradicting a Tuesday statement in which he said the
Brian Cornell, Chairman and Chief Executive Officer of the Target Corporation. Anjali Sundaram | CNBC Target CEO Brian Cornell still thinks the U.S. consumer is strong and spending, despite fears that some shoppers may be pulling back with the threat of another economic recession looming. He told members of the media Wednesday morning after reporting
A Target worker helps a customer at a Target store in San Rafael, California. Justin Sullivan | Getty Images The ongoing trade war between the U.S. and China creates uncertainty and complexity for companies like Target, CEO Brian Cornell told analysts on a conference call Wednesday. “As long as the trade situation remains fluid, it
Bank of America CEO Brian Moynihan is not worried about a potential U.S. economic slowdown as the American consumer is still in a strong place and can keep the economy growing. “The underlying consumer is doing well and making more money. More importantly, they’re spending more money,” Moynihan told CNBC’s Becky Quick on Wednesday. Moynihan
Despite recent market swings, some retirement savers are feeling pretty comfortable these days. The number of Fidelity 401(k) plans with a balance of $1 million or more jumped to a record 196,000 as of June 30, up 17% from 168,000 last year, according to a new report by Fidelity, the nation’s largest provider of 401(k)
Harriet Taylor | CNBC J.P. Morgan Chase customers will no longer be able to pay with their phones in stores beginning next year. The bank said it plans to shut down its Chase Pay app in early 2020. The mobile payment app was launched in 2015 just as Apple Pay was gaining popularity. “The change
ADragan | iStock | Getty Images Credit card rewards can be tempting. They can also be costly. Nearly 70% of people with credit card debt are trying to pick up cash-back and other perks from their cards, even though they’re carrying a balance that’s costing them interest, according to a new survey by Bankrate.com. “This
For far too many older workers in the U.S., the prospect of retirement prompts a scary question: Can I get by on Social Security alone? Although we’re told to save throughout our working lives, many Americans simply lack the means to build up a 401(k) or IRA. Currently, about one in three older workers have
Bristol, England – May 28, 2018: Close up of Sainsbury’s shopping trolley A, shallow depth of field Getty Editor’s Note: The original version of this article was published in the August 2019 issue of Forbes Real Estate Investor. I’ve owned shares in Realty Income (O) for almost a decade now. And during that time, they’ve
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column explains what years of income can count toward higher Social Security benefits, benefits available after multiple marriages, benefits available after divorce and remarriage, adopted grandchildren and suspicious claims made by
CNBC’s Jim Cramer on Tuesday advised investors not to fret over IAC‘s move to divest from Match Group and ANGI Homeservices. The conglomerate of media, internet and tech businesses earlier this month announced it would consider selling off its large interests in the two companies. Match Group owns a portfolio of dating sites including Tinder
A technician inspects LEDs under a microscope at a Cree facility in Research Triangle Park in Durham, North Carolina. Jim R. Bounds | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of the lighting and LED company Cree fell as much as 7% in after-hours trading after the company’s
With the official launch of the Apple Card, Goldman Sachs is embarking on a multi-decade journey to becoming a leader in consumer banking just as it has been in Wall Street banking and trading, CEO David Solomon said. “Apple Card is big, but it’s also a beginning,” Solomon said Tuesday in an internal memo obtained
Hero Images | Hero Images | Getty Images If you’re looking for some of the nation’s most charitable donors, turn toward Beantown. Residents of the Boston-Cambridge-Quincy metro area were among the top three most generous cities based on gifts made to charities centered on the arts, education, the environment, health and human services, according to
Are these 5 hidden mistakes preventing you from becoming wealthy? Getty Many people fall in love with the idea of becoming wealthy. After all, who wouldn’t want to have all of their financial needs taken care of, and still have money some leftover for fun? The good news is there are steps you can take
Nicholas Kamm/AFP/Getty Images When real estate mogul Donald Trump falls in love with a piece of property, things don’t always turn out so well. Now that he’s president, and seems to be slowly falling in love with the idea of buying Greenland—or at least talking about it, it’s a good time to look back at
There has been a bit of hobby loss action, since the Tax Court decision in the case of James and Elaine Donoghue on June 11 which I covered here. None of the decisions struck me as quite interesting enough to merit a post, but I have resolved to be your go-to-guy when it comes to
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