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
Month: August 2019
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.
Enrique Torrendell joined LinkedIn as a software developer in the company’s Reach engineering apprenticeship program in 2017, and he remains with the company more than two years later. LinkedIn Enrique Torrendell was stumped. It was 2017, and Torrendell, who previously managed a food truck business in New York, had just started a new gig at
The latest escalation in the trade war between the U.S. and China increases odds the U.S. economy will fall into recession— and that the Federal Reserve will try to stop it with more aggressive interest rate cuts. President Donald Trump called on U.S. companies Friday to find alternatives to China, following a new round of
In this photo illustration, a visual representation of a cryptocurrency sits on display in front of a Facebook logo. Chesnot | Getty Images Some original investors in Facebook’s digital currency project are considering leaving, the Financial Times reported Friday. Two Libra founders told the Financial Times they were worried about the regulatory spotlight that the
Jeffrey Epstein attends Launch of RADAR MAGAZINE at Hotel QT on May 18, 2005. Patrick McMullan | Getty Images A long battle lies ahead as Jeffrey Epstein’s estate grapples with legal claims over the distribution of his assets. The 66-year-old financier was facing federal charges of sex trafficking minors and sex trafficking conspiracy. He drew
KM4 | Getty Images They brew beer, make musical instruments, publish children’s books and design headphones. Their industries are diverse, but they all have something in common: They represent American small and medium-sized businesses that rely on China either for production or essential equipment. And they are dreading President Donald Trump’s latest round of tariffs
Target joined Walmart this week reporting strong sales, driven by same-day fulfillment. Online sales leaped 34% during the quarter. Last week, Walmart reported a 2.8% jump in same-store sales and a 37% jump in on-line sales for the fiscal second quarter. All in all, Target has reported nine consecutive quarters of positive sales results. Walmart
Summer travel vacation concept, Happy asian traveler woman holding passport and plane model relax on beach chair in tropical beach at Thailand Getty You’ve probably heard me mention SWANs a time or two by now: stocks that help you Sleep Well At Night. You’ve probably heard me talk about how important they are in your
Getty Tax season may be at an end for most taxpayers, but scammers aren’t letting up. The Internal Revenue Service (IRS) recently warned taxpayers and tax professionals about a new IRS impersonation scam email. The email subject line may vary, but according to the IRS, recent examples use phrases like “Automatic Income Tax Reminder” or
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