Month: April 2019

The Car Is An Extra Half-Mil, But Never Mind: A private Arbore-designed villa on “The Pearl,” the new $15-billion island development off Doha, Qatar (Photo credit: Arbore) Arbore & Partners From Leonardo da Vinci and Andrea Palladio, whose influence on architecture and the philosophies of it cannot be overestimated, to Ettore Sottsass (buildings, furniture), Carlo
0 Comments
A interview with billionaire debt investor and founder of Oaktree Capital Management, Howard Marks. In this interview, Howard discusses how he invests in market cycles and the mentality of a successful investor. Howard also talks about starting a Hedge Fund/Asset Management firm and the trade war. ? Books by Howard Marks and his favourite books
0 Comments
Pressure is mounting in Washington D.C. to take action against Facebook’s chief executive Mark Zuckerberg for the company’s handling of customer data. Two Democratic senators voiced support for Zuckerberg to be held personally responsible for the company’s privacy fumbles following a Washington Post report that claimed the Federal Trade Commission is considering how to hold
0 Comments
United Continental Holdings, the parent company of United Airlines, reported first-quarter earnings Tuesday that beat Wall Street profit expectations but fell shy of revenue estimates as the airline grapples with the prolonged grounding of Boeing’s 737 Max jets. Here’s what the company reported versus what analysts polled by Refinitiv expected: Adjusted earnings per share: $1.15
0 Comments
The revenue Robinhood gets from a controversial practice of selling customer trades to high frequency trading firms is skyrocketing, according to new research. The popular millennial stock-trading app brought in $69 million in order routing revenue in 2018, according to a new estimate from Alphacution Research, three times what the company brought in a year
0 Comments
Nobel Prize-winning economist Richard Thaler made a splash on Thursday at the Brookings Institution, slamming 401(k)s and promoting Social Security. It was a bit surprising given Thaler’s conservative bent. He proposed that the Social Security Administration should get into the annuity business by allowing retirees to direct some of their retirement savings toward their Social Security balances to
0 Comments
When Instagram exploded in popularity, so did posting photos of food. Restaurants took note of the free marketing possibilities and invented eye-catching concoctions like rainbow bagels and Starbucks’ Unicorn Frappuccino. But now the Instagram trend has evolved to include more expensive investments — from customized tiles to handmade tables. “I feel like Instagram is basically
0 Comments
There’s long been a group in Congress determined to end the Stretch IRA, and this year they might have their way. The Stretch IRA is not a particular type of IRA comparable to a Roth IRA or SEP IRA. Instead, a Stretch IRA is a group of strategies applied to a traditional IRA or Roth
0 Comments
A SEP IRA can help small business owners  Getty A SEP (Simplified Employee Pension) IRA can be a good way for a small-business owner to set up a pension plan, and get potential tax-benefits at the same time. You might be more familiar with 401(k) plans, but those can be a little more complex to establish, whereas
0 Comments
Dining room Warburg Realty  A new listing at The Manhattan House, a building made famous for being home to Grace Kelly in the 1950s, has come on the market for $6.495 million. Belonging to David A. Sackler, the 4-bedroom, 5-bathroom unit measures just over 3,300 square feet overlooking the Lenox Hill neighborhood of Manhattan. The Sackler family business is Purdue Pharma.
0 Comments