Month: August 2019

London’s Old Street roundabout, often dubbed “Silicon Roundabout.” Chris Ratcliffe | Bloomberg | Getty Images British technology start-ups have attracted more foreign investment since the start of the year than they did throughout all of 2018, according to fresh figures published Wednesday. U.S. and Asian venture capital investors poured $3.7 billion into U.K. tech companies
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‘Whatever you do, don’t try to sell us an annuity.’ When 60-something couples visit a financial adviser’s office for help with retirement planning, these are often the first words they say after sitting down. Most of what they’ve read about annuities has been eye-glazing or frightening. But don’t write off annuities yet. Owning annuities can
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Hand holding U.S. passport Getty Earlier this month, the Internal Revenue Service (IRS) issued a reminder to taxpayers with significant tax debts that their passports could be at risk. Now, IRS Commissioner Charles Rettig has granted a reprieve for some taxpayers. A memo (TAS-13-0819-0014) from Acting National Taxpayer Advocate Bridget Rogers has advised that there is
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Billionaire investor Ron Baron remains bullish on Tesla and CEO Elon Musk despite “some self-inflicted wounds” and shares of the company falling about 32% in 2019. Baron, speaking Tuesday on CNBC’s “Squawk Box,” cited Tesla’s ongoing expansion in China; revenue growth; and advancements in all-electric vehicle technologies as reasons for his unwavering support. “Tesla has
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The “Fast Money ” traders shared their first moves for the market open. Tim Seymour was a buyer of Home Depot. Lori Calvasina was a buyer of the Consumer Staples Sector.  Dan Nathan was a buyer of Lyft.  Guy Adami was a buyer of Dollar General.  Disclosure Trader disclosure: Dan Nathan is Long EA Sept call
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The Trump Tax Plan (aka Tax Cuts and Jobs Act or TCJA) was supposed to make filing taxes simpler and cut the tax bills of millions of hard-working Americans. Like many things out of Trump’s mouth, both of these statements appear to be far from the truth. According to new data from the IRS, Americans paid
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General Electric’s head of investor relations released a more detailed statement about accounting practices, which were under fire last week from fraud investigator Harry Markopolos. “We operate with absolute integrity and stand behind our financial reporting,” wrote Steve Winoker, vice president of investor communications in Q&A for investors. Winoker wrote that GE believes it has
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Hero Images | Getty Images This isn’t your mother’s or grandmother’s retirement. If you’re a woman in your 50s, the chances are greater than ever that you’re not married, either because you’re divorced or because you’ve never walked down the aisle. That’s according to a recent study from the Center for Retirement Research at Boston
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