Share to facebook Share to twitter Share to linkedin Tax Day was Monday, April 15, for most taxpayers (though taxpayers who live in Maine or Massachusetts have until April 17, 2019). Not every taxpayer who needed to file made it on time (I’m not counting those of you who filed for an extension since you’re
Month: April 2019
Yardbird’s Waverly Collection. Yardbird When purchasing outdoor furniture, consumers usually have to choose between sustainability and affordability, but two-year-old startup Yardbird has found a way to offer both. Launched in 2016, the brand’s 2017 pop-up store sold $1 million in inventory within its first four weeks of opening. With over $4 million in sales, they’ve exceeded
A interview with billionaire debt investor and founder of Oaktree Capital Management, Howard Marks. In this interview, Howard discusses what he has learnt from the history of financial markets and how this has aided his investment decision making. Howard also talks about how he views risk and the market cycles. ? Books by Howard Marks
The Jaguar I-Pace electric sport utility vehicle swept the World Car Awards handed out at the New York International Auto Show on Wednesday. Jaguar’s first electric vehicle took home the awards for best design, best green car award and best overall vehicle. “In my 40 years in this business, this is my Oscar moment,” said
It was a tale of two stories for Netflix according to Wall Street analysts. While the company posted first-quarter revenue that beat estimates, it also warned that it expected light second-quarter guidance. Shares of the streaming giant plunged 9 percent in extended hours trading after the report but by Wednesday morning had pared those losses
The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of IBM. Tim Seymour was a buyer of United Airlines. Steve Grasso was a buyer of Netflix. Guy Adami was a buyer of UnitedHealth. Trader disclosure: Pete is long calls AAL, AMD, ASHR, BABA, BAC, BP, BSX, CFX,
The fossil of a baby T-Rex is being sold on eBay for almost $3 million, sparking outrage among the scientific community. The 68-million years old fossil, reportedly listed by professional fossil hunter Alan Detrich, has a “buy it now” asking price of $2.95 million. The listing, last updated on Tuesday, claims the artefact is “most
Federal Reserve Chairman Jerome Powell isn’t the only market player who may be guilty of a little capitulation. Millionaire investors began 2019 with major reservations about the stock market, but as the Federal Reserve‘s abrupt December about-face on interest rates takes hold as the new normal in monetary policy, the wealthy have decided that the
If you’re among the 4.3 million consumers whose car lease ends in 2019, don’t be surprised if going that route holds less appeal this time. With record-high auto prices, higher interest rates and generally weakening residual values on cars, consumers can expect to pay $1,600 more on average for a lease than they did in
NatWest has launched biometric payment approval technology for business and commercial customers. In an announcement Tuesday, the bank said the system enabled its customers to make payments, via an app, using Apple’s Face ID or Touch ID. Once a customer registers a device, they set up and give approval for a payment using biometric authentication.
Rich Karlgaard, the Silicon Valley-based publisher and futurist at Forbes Media and author of the fascinating new book Late Bloomers: The Power of Patience in a World Obsessed With Early Achievement, has had an enormously successful career. But things didn’t start out so well for this archetypal late bloomer. That’s one reason he wrote the
One way you can tell a thing is really becoming a thing is when you have national accounting firms jumping on it. So it looks like cannabis is now a thing. I had a nice discussion with Rick Frimmer, a managing director at EisnerAmper (According to this list EisnerAmper ranks 18 in the United States.) Rick is
Typically, when somebody describes a business as being “in the toilet,” it’s bad news. But property management is an industry built on the gritty work of contractors and maintenance technicians, including plumbing repairs. So if you’re a property manager and your company isn’t “in the toilet,” you’re doing something wrong. The quality of your company
Lincoln unveiled a new small sport utility vehicle called the Corsair at the New York International Auto Show on Wednesday, in a bid to keep revitalizing its brand and recreate some of the success it has seen with larger vehicles such as the Navigator. The two-row Corsair continues Lincoln’s strategy of leaning into what it
BlackRock, the world’s largest asset manager, reported a better-than-expected first-quarter profit and garnered tens of billions of new investor cash as global financial markets rebounded from a volatile fourth quarter. Net income attributable to BlackRock fell to $1.05 billion, or $6.61 per share, in the three months ended March 31, from $1.09 billion, or $6.68
Goldman Sachs Chief Executive David Solomon said Wednesday that the chances of the U.S. economy soon entering a recession are lower now than they were earlier this year. “I don’t see any data in any way, shape or form that leads me to believe that that chance is accelerating at the moment,” Solomon told CNBC’s
J.B. Hunt Transport Services‘ downbeat earnings call on Monday should put to rest any ideas that the economy is too strong and that the Federal Reserve should tighten interest rates again, CNBC’s Jim Cramer said Tuesday. The trucking and transportation company’s stock sank nearly 5% after missing Wall Street’s expectations and blaming low volume on
Tax season has come and gone — at least for the more than 103 million filers who submitted their returns before April 15. This spring marked the first time taxpayers and their accountants submitted tax returns under the Tax Cuts and Jobs Act. The overhaul of the tax code, which went into effect in 2018,
Has Lyft’s failed IPO soured the market? Getty With Lyft now trading 20% below its offering price we can call it what it is, a failed IPO. My top tech manager, Tony Mitchell, made the right call to pass on Lyft’s IPO. I asked him for his thoughts on Pinterest and Uber. Ken Kam: These IPOs are some
Magnifier and retirement text on blue background. Horizontal composition with copy space. Getty Royalty Free Getty Is there a retirement crisis? The debate centers on how much people have saved or set aside for retirement. But the focus on savings amounts misses the point. Retirement isn’t about achieving some magical retirement savings number. Instead, it’s
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