Month: April 2019

The HECM for Purchase program can be used to either downsize or upsize a retirement home. Retirement Researcher The HECM for Purchase program began in 2009 as a way to use a reverse mortgage to purchase a new home. The government saw enough people using a costlier and more complicated two-step process—obtaining a traditional mortgage
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Getty You may think you know what a taxpayer with foreign assets looks like. It’s easy to paint a picture of the super-rich jetting off to the Caymans, but that’s more Hollywood-driven than real life. Taxpayers with control over foreign assets come in all shapes and sizes. It’s the executive who works in the U.S.
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Delta Air Lines posted first-quarter earnings Wednesday that beat Wall Street’s expectations for both profit and revenue. “Demand for Delta’s product has never been stronger,” President Glen Hauenstein said in a statement announcing the earnings. “With our customer-focused commercial initiatives delivering strong customer loyalty and top-line momentum, we now expect full-year revenue growth of five
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Check out the companies making headlines after the bell: Shares of Bed Bath & Beyond initially jumped before reversing to trade 6% lower after hours Wednesday following the release of the retailer’s mixed fourth quarter earnings. Bed Bath & Beyond posted earnings per share of $1.20 on revenue of $3.31 billion. Wall Street projected earnings
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Share to facebook Share to twitter Share to linkedin Getty It’s my annual Taxes from A to Z series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can claim house office expenses or whether to deduct a capital loss under the new law, you won’t want to miss
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An interview and Q&A with billionaire and founder of the quantitative hedge fund Renaissance Technologies, James Simons. In this interview, James discusses his quantitative approach to investing and how this has evolved over his career. James also talks about fundamental trading and how his management style has helped make Renaissance Technologies so successful. Like if
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The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of Levi Strauss. Tim Seymour was a buyer of Home Depot. Karen Finerman was a buyer of JPMorgan. Dan Nathan was a seller of the Industrials ETF. Trader disclosure: Pete Najarian is long calls AAL, AMD, ASHR, BP,
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Private jet company Vista Global agreed to acquire JetSmarter, betting that the value of JetSmarter’s technology will outweigh the controversy and lawsuits still dogging the company. Terms and price weren’t disclosed. The deal, once approved, will be an equity swap, with JetSmarter investors receiving equity in Vista Global. Vista said it plans to integrate JetSmarter’s
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Lloyd Blankfein is enjoying retirement. As his former fellow bank CEOs endured a multi-hour grilling in a Congressional hearing today, the ex-leader of Goldman Sachs tweeted sarcastically that he really missed his old job. Tweet Blankfein, who stepped down as Goldman CEO in October, tweeted a link to an article on the House Financial Services
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