Investors trying to get a gauge on the state of U.S.-China trade relations should look at shares of big chipmakers like Qualcomm, Micron Technology and Broadcom, according to Ned Davis Research. The firm points out that Qualcomm had 67% of its 2018 revenue come from China, while Micron saw 57.1% of its sales come from
Month: May 2019
Caiaimage/Trevor Adeline | Getty Images When it comes to clients who own permanent life insurance with cash value, financial advisors have both an asset and a liability. On the one hand, clients appreciate having a financial advisor who can analyze the contract and ensure that it still meets their goals. “It’s a perfect way to
Some days it can seem like we are experiencing the worst of polarized politics with no end in sight. But despite this polarization, members of Congress in both chambers and both parties seem eager to advance retirement savings legislation. There are two large looming retirement bills – the Senate’s RESA and the House’s SECURE Act
O’Shares Chairman Kevin O’Leary visits the trading floor after ringing the New York Stock Exchange opening bell. The cast member of television’s “Shark Tank” program was marking the recent launch of the O’Shares FTSE US Quality Dividend ETF. (Photo by AP/Richard Drew) Kevin O’Leary is Chairman of O’Shares Investments, but you probably know him as
Installation View: Artistic License: Six Takes on the Guggenheim Collection, Solomon R. Guggenheim Museum, New York, May 24, 2019– January 12, 2020. Photo: David Heald. © Solomon R. Guggenheim Foundation Solomon R. Guggenheim Foundation Slowly approaching ramp six on the rotunda of the Solomon R. Guggenheim Museum’s Frank Lloyd Wright Building, Lee Bontecou’s Untitled (1966)
Mario Batali Getty Images Celebrity chef Mario Batali is being charged with indecent assault and battery, more than a year after admitting to sexual misconduct. Batali has faced civil litigation, but this is the first time that he has been criminally charged for sexual misconduct. He is scheduled to be arraigned in Boston Municipal Court
Best Buy beat Wall Street estimates for quarterly same-store sales on Thursday, as the consumer electronics retailer sold more wearables and tablets and signed up more people to its subscription-based tech support services. Best Buy’s overall same-store sales rose 1.1% in the first quarter ended May 4. Analysts on average had expected a 0.9% increase,
The “Fast Money ” traders shared their first moves for the market open. Tim Seymour was a buyer of McDonald’s. Karen Finerman was a buyer of Target. Steve Grasso was a buyer of Walmart. Brian Kelly was a seller of the Oil & Gas Exploration and Production ETF. Trader disclosure: Steve Grasso is long stock AAPL,
Customers look at products in an Apple store in Beijing on December 11, 2018. Greg Baker | AFP | Getty Images Huawei is winning over more and more Apple fans in China as the escalated trade tensions stoked “nationalist sentiment,” according to the South China Morning Post. China’s consumers are increasingly favoring their domestic brands
fstop123 | E+ | Getty Images Life is financially complicated for many U.S. military troops and their families. Almost half of service members are under the age of 25, and a high percentage are married with children. They don’t get paid a lot and they must deploy repeatedly to difficult places, many times where their
ASSOCIATED PRESS Beijing wants to apply the Duterte Model of finding a solution to its South China Sea disputes with Malaysia. Negotiating a bilateral deal with Kuala Lumpur, that is, rather than a multilateral deal that could involve all countries having an interest in the region. That’s according to an article that appeared in The
A worker carries a package to a conveyor belt at the United Parcel Service Inc. (UPS) Utah Regional Hub in Salt Lake City. Photographer: Kim Raff/Bloomberg © 2019 Bloomberg Finance LP In a new paper, I propose a universal earned income tax credit (UEITC)—a one-for-one match on the first $10,000 of earnings delivered through a
I remember my first listing appointment like it was yesterday. I was 18 years old and the seller was a sweet elderly lady who wanted to sell her home in a gated community that I’d never been to before. The day before my appointment, I drove around to every property in her neighborhood that was
Share to facebook Share to twitter Share to linkedin For anyone with employees, paying employment taxes is inevitable. You withhold taxes from employee pay, and send the money to the IRS. The taxes are withheld from wages and are supposed to be promptly paid to the government. This is trust fund money that belongs to the government, and no matter how good a
United States Capitol Building, Washington DC, Getty In the past decade, the same proposed law has been repeatedly re-introduced in the U.S. Congress to make it easier for victims of age discrimination to sue discriminatory employers. Every year that proposed law, Protecting Older Workers Against Discrimination Act (POWADA), dies an ignominious death. Will this year
“PropTech AI won’t be able to immediately fill the shoes of an estate agent.” Starline Art / 123rf PropTech is hardly a new industry; estate agents and other businesses in the property industry have been digitally transforming for decades. Search portals, such as Rightmove in the UK, started amalgamating available properties and recommending homes over
CNBC’s Jim Cramer continues to suggest that investors should own Apple’s stock and not trade it, even as the company weathers the storm of the prolonged trade war. “You need to strap yourself to the mast if you’re gonna hold onto this one, as we’ve done for my charitable trust,” the “Mad Money” host said
Customers shop at a Target store in Seattle, Washington. David Ryder | Bloomberg | Getty Images Target is set to report first-quarter earnings before the bell Wednesday. Here’s what analysts are expecting, based on Refinitiv data: Earnings per share, adjusted: $1.43 Revenues: $17.52 billion Same-store sales: up 4.2% Target’s earnings follow those of rival Walmart
Slowing iPhone demand, trade war headwinds and possible ripple effects from a Huawei battle don’t bode well for Apple, according to a UBS analyst. The Swiss bank cut its 12-month price target on the iPhone maker to $225 — down from a previous $235. Apple closed at $186 Thursday. UBS still has a “buy” rating
With no one hitting all the winning numbers in Tuesday night’s Mega Millions drawing, the jackpot has jumped again. Now at $393 million, the top prize has been climbing for more than two months. And while the odds are stacked against players winning — your chance is 1 in about 302 million — the IRS
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