Fast food workers and supporters protest to raise the minimum wage for fast food workers to $15 dollars an hour. James Leynse | Corbis Historical | Getty Images For the more than six million small businesses nationwide, employee turnover can be a brutal expense. In fact, nearly one in three (32%) employees will no longer
Month: September 2019
Retirement income planning is an important step for all Americans, and efficiency is the goal. Drawdown strategies can help individuals along the way by targeting a monthly cash flow during retirement, minimizing taxes and maximizing government benefits. For the wealthy, however, being fortune enough to have the means to retire comfortably comes with additional financial
As the local partner of a global co-living community, I spend a portion of my day scanning the news for headlines related to the topic of co-living, analyzing how it affects the communities we live in and what it means for people today and in the future. Without a doubt, the rise of co-living is
A group of young people are taking selfie in a cafe while having great time (Photo by / Getty) Getty A few weeks ago, at our Cabot Wealth Summit, I introduced my new book, Making Money Buying and Selling Stocks, a nice primer for those new to the investing arena. The book includes a section
This photo taken on July 19, 2018 shows a worker loading sacks of animal feed made from soybeans at the Hopefull Grain and Oil Group in Sanhe, in China’s northern Hebei province. The company is currently using soybeans imported from Brazil, after recently changing from U.S. soybeans. Greg Baker | AFP | Getty Images In
US Secretary of State Mike Pompeo (L) reacts as he is shown the way by China’s Foreign Minister Wang Yi (R) before they proceed to their meeting at the Diaoyutai State Guesthouse in Beijing on October 8, 2018. Andy Wong | AFP | Getty Images Chinese State Councilor and Foreign Minister Wang Yi said in
Democratic presidential candidate Sen. Bernie Sanders (I-VT) (R) and Sen. Elizabeth Warren (D-MA) greet each other at the start of the Democratic Presidential Debate at the Fox Theatre July 30, 2019 in Detroit, Michigan. Justin Sullivan | Getty Images News | Getty Images Sen. Bernie Sanders unveiled a tax on wealth Tuesday as he aims
Michael Nagle | Bloomberg | Getty Images Stocks were set for a muted open on Wednesday even after House Speaker Nancy Pelosi said she will launch a formal impeachment inquiry on President Donald Trump. Dow Jones Industrial Average futures were up 14 points after the 6 p.m. open, implying a gain of 44 points at
Democratic presidential candidate Sen. Bernie Sanders (I-VT), former Vice President Joe Biden, and Sen. Elizabeth Warren (D-MA) interact on stage during the Democratic Presidential Debate at Texas Southern University’s Health and PE Center on September 12, 2019 in Houston, Texas. Win McNamee | Getty Images When it comes to changes to Social Security, Sen. Elizabeth
Users should be alarmed about all the issues that didn’t get fixed by the new Medicare Plan Finder. Getty The Centers for Medicare and Medicaid Services (CMS) redesigned the Medicare Plan Finder to address many concerns. Probably, the best summary of these concerns is in the July 2019 GAO report, “Medicare Plan Finder: Usability Problems and
modern businesswoman replaces several people at once Getty We’ve discussed the topic of real estate-as-a-service in this column enough that all readers will by now know what I’m talking about. Providing the right services to end users of real estate (be they residential tenants, office workers, or shoppers) has two very positive outcomes: greater customer satisfaction which
CENTERVILLE, MASSACHUSETTS, 2019/09/01: Beach house, Cape Cod. (Photo by John Greim/LightRocket via Getty Images) LightRocket via Getty Images The wealth tax is having a moment. At least two current Democratic presidential hopefuls have proposed some form of the tax, and just today Sen. Bernie Sanders (I-VT) rolled out his own more detailed version of the
An employee works next to shoes on display inside the flagship store of sporting-goods giant Nike in Shanghai on March 16, 2017. Johannes Eisele | AFP | Getty Images Nike on Tuesday reported quarterly earnings and sales that topped analysts’ expectations, as investments it’s made to sell more directly to customers showed signs of paying
Todd Haselton | CNBC Canada’s BlackBerry on Tuesday cut the top end of its current fiscal-year revenue forecast and posted lower-than-expected quarterly revenue, hit by weak demand for its software amid increasing competition. U.S.-listed shares of the company fell nearly 12% before the bell. Once known for its phones, BlackBerry has pivoted to selling software
If Democrats pursue an impeachment of President Donald Trump, it could rattle markets and create temporary uncertainty, but the GOP-led Senate may not go along with any effort to oust Trump or stop any of the president’s economic initiatives. House Speaker Nancy Pelosi told reporters she would have an announcement at 5 p.m. ET Tuesday,
Amazon CEO Jeff Bezos announces Blue Moon, a lunar landing vehicle for the Moon, during a Blue Origin event in Washington, DC, May 9, 2019. Saul Loeb | AFP | Getty Images Jeff Bezos would pay about $9 billion in taxes this year under Sen. Bernie Sanders’ proposed wealth tax. As part of his primary campaign
U.S. President Donald Trump walks toward journalists as he departs the White House for a campaign rally in Pennsylvania May 20, 2019 in Washington, DC. Chip Somodevilla | Getty Images One of Wall Street’s top brokerages on Tuesday announced that its base case for President Donald Trump is impeachment. Cowen Washington policy strategist Chris Krueger
Phil Ashley | Stone | Getty Images Chances are, your savings are getting eaten up by inflation. That is because the average interest rate on a traditional savings account is 0.1% annual percentage yield. Meanwhile, the U.S. inflation rate is currently 1.7%. To help combat that problem, more companies are providing high-interest accounts to help
Today I want to show you how you can retire on $405,000—and with just five buys, too! Put together, these five stocks and funds hand you a 7.4%-yielding portfolio that will pay you reliably for decades. First, though, let’s quickly run through how our “5-buy” portfolio will work—and how it proves the so-called “experts,” who
A modern villa in Nashville, Tenn. that is situated on 10.97 private, fenced and gated acres will be sold at auction on October 12 with no reserve. Courtesy of Elite Auctions A modern villa with 11,795-square-feet of space in Nashville, Tennessee will be sold at auction with no reserve on October 12. Located on nearly
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