Actor/producer Brad Pitt accepts the PGA Visionary Award during the 26th Annual Producers Guild Of America Awards last January in Los Angeles. Getty Images Hollywood star Brad Pitt, Steve Job’s widow Laurene Powell Jobs and UK-based stock-picker Neil Woodford are all reportedly investing in a little known “cold fusion company,” the Financial Times said on
Month: June 2019
Alija | Getty Images If you’re a New Yorker who spends half the year in Miami, you’ll have to do more than that to be considered a Floridian. Moving to an income tax-free haven like Florida, Nevada or Texas is a tempting prospect for residents in high-tax states such as New York, New Jersey and
Sandra Payne, owner of Denver Concrete Vibrator. CNBC Sandra Payne said she held out for as long as possible before raising her prices. The owner of Denver Concrete Vibrator, which manufactures equipment that strengthens and settles concrete for infrastructure projects, said tariffs finally took a toll on her business. Raising prices modestly became necessary to
From communicating with tenants to staying on top of repairs, property management requires commitment and patience. When done right, it can be a wise and rewarding investment. However, as in every industry, mistakes happen—and they can end up seriously costing you. To find out more, we asked a panel of Forbes Real Estate Council members to share
“Don’t go into the horse breeding business” That is good advice. You might modify it to something like “ Go into horse breeding to follow your bliss, but don’t expect to make money at it . The way to make a small fortune in the horse breeding business is to start with a large fortune”
A Hong Kong protest rally on June 9, 2019. Kelly Olsen | CNBC Hong Kong runs the risk of losing its special customs status with the U.S. if its autonomy is seen to be eroded with the contentious extradition bill, according to one analyst. There’s much at stake for Hong Kong, a special administrative region
Hock Tan, chief executive officer of Broadcom Martin H. Simon | Bloomberg | Getty Images Shares of chipmaker Broadcom fell more than 8% on Thursday after the company reported lower-than-expected revenue for the second quarter of its 2019 fiscal year, which ended on May 5, and cut its revenue guidance. Here are the key numbers
U.S. and Chinese flags seen at the US Department of State May 23, 2018 in Washington, DC. Brendan Smialowsk | AFP | Getty Images BEIJING – The Chinese government is trying to convince the world that the onus is on the U.S. to resolve trade tensions between the two countries. As negotiations remain at a
Amid ongoing controversy over its use of its users private information, Facebook has been kicked out of an index tracking companies that abide behind socially responsible practices. S&P Dow Jones Indices announced Thursday that the social network no longer will be part of the S&P 500 ESG Index. The gauge follows companies that S&P says
AleksandarNakic | E+ | Getty Images Your dream of exploring a foreign country doesn’t have to end when your paychecks do. More U.S. retirees are choosing to pack their bags and settle down internationally — and for some, that means stretching their retirement dollars. Leaving the U.S. can open the door to a more affordable
Will you be able to retire safely under the SECURE Act? expatica.com My previous post introduced the potential consequences of the SECURE Act, which is being promoted as an “enhancement” for IRA and retirement plan owners. This is because it includes provisions allowing some workers to make higher contributions to their workplace retirement plans. I
Once an investor acquires a few single-family residential properties, the management of each property can become a full-time job, with plenty of overtime. Running between properties to coordinate maintenance and completing administrative tasks can take its toll. This was the situation I found myself in while living in Vancouver, Canada, eight years ago. After consulting
Boca Raton Resort and Club entrance. (Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images) Universal Images Group via Getty Images Michael Dell’s recent purchase of the Boca Raton Resort & Club is closer to $1 billion rather than closer to half-a-billion dollars. According to a June 11 Fitch Ratings report, the tech billionaire’s MSD
CNBC’s Jim Cramer said Thursday that the life sciences sector is in “raging bull” mode, especially in the instrument manufacturing market. “The life science stocks have caught fire, and while some of that has to do with a rotation, what’s really going on here is Thermo Fisher and Danaher are both incredibly well-run companies that
The men’s assormtment on the inside of a Lululemon store. Source: Lululemon Lululemon on Wednesday reported first-quarter earnings and sales that outpaced analyst estimates, sending shares up nearly 3% in after-hours trading. Here’s what the retailer reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share:
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6th, 2019. Adam Jeffery | CNBC DoubleLine CEO Jeffrey Gundlach is betting on gold. “I am certainly long gold,” Gundlach said in an investor webcast on Thursday. He added his trade is based on the expectation that the dollar will finish the
Victorian homes and the downtown skyline in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Depending where you live, staying put in your home for the last two decades could be paying off well. As in really well. While the median nationwide home value is about 90% higher now than it was
Semiconductor stocks are going to fall as chipmakers start to cut their earnings forecasts for the second half of the year, AlphaOne Capital Partners’ Dan Niles said on Thursday. Niles started shorting semiconductor stocks this week and sold out of all is long semiconductor positions, in which he previously owned Qualcomm and Lumentum Holdings, he told CNBC’s
Democratic presidential candidate Elizabeth Warren gestures as she speaks during a campaign stop at George Mason University in Fairfax, Virginia on May 16, 2019. Mandel Ngan | AFP | Getty Images Democratic presidential candidate Elizabeth Warren isn’t waiting for the election to push forward her proposal to erase the majority of the country’s outstanding student
Regular readers will recall that back in the fall I wrote a series of articles digging into the insolvency crisis threatening many union-sponsored multi-employer pension plans as well as the multi-employer fund of the PBGC, the Pension Benefit Guaranty Corporation. The long and short of it is that both the multi-employer PBGC fund and certain
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