Looking down on a pile of 100 dollar bills and Social security card Getty Congressional Democrats are poised to pass the first Social Security reform bill in 35 years, with House passage predicted by Congress’s summer recess. But unlike the 1983 reforms, which were evenly split between tax increases and benefit cuts, the Social Security
Month: June 2019
Share to facebook Share to twitter Share to linkedin NEW YORK, NY – MARCH 13: A view of 29 Howard Street (at center), where Paul Manafort reportedly purchased a condo unit in 2012, in the SoHo neighborhood of Manhattan, March 13, 2019 in New York City. Manafort, President Trump’s former campaign Getty Images A SoHo
An interview and Q&A with billionaire investor and founder of Duquesne Capital, Stanley Druckenmiller. In this interview, Stanley discusses the Macroeconomic factors he is monitoring and the impact of changes in interest rates. Stanley also talks about the US trade war with China and how to structure your portfolio. ? Books on Stanley Druckenmiller’s investing
Last October, period equity supporters celebrated Nevada’s vote against the sales tax imposed on feminine hygiene products. Nevada became the 15th state to eliminate the tax and fueled the national debate around what constitutes a necessity product and who gets to define it. However, as legislative sessions now come to a close for the summer,
Share to facebook Share to twitter Share to linkedin In celebration of Virgil Abloh’s upcoming Fall/Winter 2019 collection as Louis Vuitton’s Men’s Artistic Director, the label is hosting a “Chicago residency” in Chicago’s West Loop neighborhood from June 8-July 7, 2019. Located at 1100 W. Randolph St., the pop-up is also designed to coincide with
LaCroix sparkling water is displayed on a shelf at a Safeway store on March 08, 2019 in San Anselmo, California. Justin Sullivan | Getty Images Shares of National Beverage, the owner of the LaCroix sparkling water brand, fell to their lowest price since 2016 Tuesday following news of a lawsuit alleging its president considered falsely
Bernard Charles, chief executive officer of Dassault Systemes SA. Simon Dawson | Bloomberg | Getty Images French technology company Dassault Systèmes is nearing a deal to acquire Medidata Solutions, according to people familiar with the matter. The likely agreement was reported earlier by Bloomberg, which also published a story in April saying the companies were in
Mary Meeker presents her annual Internet Trends Report at Code 2018. Asa Mathat | Vox Media The most highly anticipated report of the year for tech investors has arrived. Mary Meeker, a widely followed technology backer and general partner at the venture firm Bond Capital, published her 333-slide “Future of the Internet” report Tuesday ahead
Blend Images – Hill Street Studios | Brand X Pictures | Getty Images A bill that will do away with a tax-planning strategy for inherited individual retirement accounts isn’t law yet, but financial advisors should act now to help clients avoid a surprise. The Secure Act, which the House of Representatives voted in favor of,
Kelvin Murray | Getty Images Older workers could soon find it easier to prove they’ve run into age discrimination on the job. The House Education and Labor Committee voted on Tuesday to approve the Protecting Older Workers Against Discrimination Act (POWADA), introduced by Sens. Chuck Grassley, a Republican from Iowa; and Bob Casey, a Democrat
On May 23, 2019 the House of Representatives overwhelmingly passed the SECURE Act (Setting Every Community Up for Retirement Enhancement). A more appropriate name for the bill would be the Extreme Death-Tax for IRA and Retirement Plan Owners Act, because it gives the IRS carte blanche to confiscate up to one third of your IRA
Ethan Brown, founder and CEO of Beyond Meat, prepares to ring the opening bell to celebrate his company’s IPO at the Nasdaq Market site in New York, May 2, 2019. Brendan McDermid | Reuters J.P. Morgan downgraded Beyond Meat on Tuesday, after the company’s stock has surged 600% from its initial public offering price of
European businesses are increasingly anticipating a recession in the near future as bad debt losses showed a marked increase in 2018. Companies reported 2.31% in bad debt losses in 2018 as a share of total revenues, an increase from 1.69% in 2017, according to a report from Swedish debt purchaser Intrum. Half of European companies
Close-up of vertical sign with logos for ride-hailing companies Uber and Lyft. Smith Collection | Gado | Getty Images Susquehanna bumped its rating of Lyft’s stock to positive from neutral on Tuesday, as the firm says Lyft is “a pure-play on US ridesharing” that should benefit from less buzz around Uber. “With the US rideshare
When it comes to your resume, DIY may not be your best strategy. It’s never been easier to create your own resume. You’ve got word processing templates, examples on Pinterest and decent paper from the office supplies store. Turn it into a PDF and you’re good to go. Maybe not, though. A survey from TopResume,
Families face more and more economic uncertainty in their daily lives with jobs quickly disappearing in some communities, pay at the whims of ever more powerful employers, contingent jobs and the gig economy taking on a larger role in everyday life, to name just some of the most common risks. Preparing for retirement is no
One of the most common questions I get from investors is how crypto investments like bitcoin are taxed. There seems to be a great deal of confusion, perhaps because of the different names people use for this new asset class. If bitcoin is a cryptocurrency … is it taxed like currency? If bitcoin is “digital
You’ve built your reputation, you’re driving leads and you’re growing a real estate team to increase sales more rapidly and serve your clients better. Now, as a real estate team leader, it’s important to make sure your brokerage has a tech-forward approach in line with where the industry is headed and that you’re able to
CNBC’s Jim Cramer said Monday that the old “sell in May and go away” investment adage does not fit in 2019. “More like ‘sell in May and miss the miraculous Fed-induced rally,’ the best move of the year,” the “Mad Money” host said. “You shouldn’t make financial decisions based on a rhyming couplet. … That’s
Check out the companies making headlines after the bell: Traders work the floor at the NYSE in New York. Brendan McDermid | Reuters Shares of Broadcom rose 1.9% after news that the chipmaker had entered into a two-year supplier deal with Apple. Under the agreement, Broadcom will provide radio-frequency, front-end components and modules for a
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