Google CEO Sundar Pichai testifies during a House Judiciary Committee hearing on Capitol Hill in Washington, DC, December 11, 2018. Saul Loeb | AFP | Getty Images Alphabet shares fell more than 3% in the premarket Monday after a report said the Justice Department is readying an antitrust investigation against Google. The probe would look
Month: June 2019
The bad news: The opening of a second trade-war front along the U.S.-Mexico border last week dialed up fear of global economic stagnation and peaking corporate profits, further pressuring stocks and prompting an urgent rush into Treasury bonds. The good news: The surprise tariff threat on Mexico pushed Wall Street toward extremes of pessimism and
Caiaimage/Tom Merton | Caiaimage | Getty Images The people you know — and what they know about you — can be the key to landing a job, advancing in the workplace, and getting paid what you are worth. Talking about your pay in the workplace is sometimes seen as taboo, but not always. There are
Senior couple checking bills at home in the morning Getty If you retire in your late 50s or early 60s, you might need to make your money last 30 years or more, particularly if that money has to provide for both you and your spouse. It takes a boatload of money to be retired that
Unhappy aged lady showing thumbs-down gesture, unhappy with state government Getty The new 401k/IRA modification rules that have passed the House of Representatives and are now being taken up by the Senate will provide a number of improvements and simplification for high net worth taxpayers, while also taking away the ability to “stretch out” distributions
Flaneur takes bespoke to the next level. Flaneur Bedding is probably one of the most intimate purchases we make. So if there is one home item most of us can rationalize being overly discerning about, what we sleep on should certainly be it. Luckily, a bedding startup called Flaneur has found a way to cater to
An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. Lindsey Wasson | Reuters More than 300 Boeing 737 jets, including the Max, may have wing parts could have been improperly manufactured and may not meet regulatory requirements for strength and durability,
Long-time market bull Phil Orlando just cut his exposure to stocks. The Federated Investors chief equity market strategist cites President Donald Trump’s new threat to impose 5% tariffs on Mexico imports for the decision. “In light of this growing uncertainty and expanded downside risk, we opted to pull in our horns a bit this morning, and we
The economic relationship between the United States and China needs to change, Tony Ressler, a billionaire veteran of Wall Street, said Friday. “The Trump administration is making some very important points about how we do business with China,” said Ressler, co-founder of private equity giants Apollo Global Management and Ares Management. President Donald Trump, through
A bill aimed at boosting retirement savings could also grant some tax relief to college students. Last week, the House of Representatives passed the Secure Act with support from both Republicans and Democrats. The proposed legislation, which will go before the Senate, includes a range of provisions to help workers boost their retirement savings. Major
Share to facebook Share to twitter Share to linkedin Photocredit: © 2019 Bloomberg Finance LP © 2019 Bloomberg Finance LP The Friday decline took the NASDAQ 100 to the 38.2% retracement level of the prior rally. The S&P 500 is 30 points from its equivalent level. Friday was a projected turning point, and the coming
I lost power in my condo yesterday in an intense rainstorm and I wondered if my phone and computer were charged enough, and if I’d have to be in the dark all night, reading by candlelight. It was a good reminder to be grateful for the electricity we in developed countries take for granted every
Attainable housing aims to make homes affordable at lower income levels. Adobe Stock As home prices rise across the country, middle-class Americans and first-time home buyers often struggle to find housing within their budgets. And many would-be buyers are simply not eligible for subsidized affordable housing. A new report, Attainable Housing: Challenges, Perceptions and Solutions, by
Christopher Ahlberg, CEO of Recorded Future Recorded Future On Thursday, Recorded Future — a threat intelligence company little known outside cybersecurity circles — announced its sale to venture firm Insight Partners for $780 million. The deal bought out high-profile investors in the company, including Alphabet‘s GV (formerly Google Ventures), the CIA’s In-Q-Tel and Reed Elsevier,
Wall Street bull Jeffrey Saut predicts the market will stabilize by mid-June despite growing trade tensions with China and Mexico. But first, he expects investors will have to get through a cruel couple of weeks. “Our models… are saying we ought to be chop around and flop around until mid-June,” the Capital Wealth Planning chief
U.S. President Donald Trump answers questions on the comments of special counsel Robert Mueller while departing the White House May 30, 2019 in Washington, DC. Win McNamee | Getty Images Tariffs that the U.S. is threatening to impose against Mexican goods could have steep costs, both economically and politically, while also impacting important policy decisions.
One in 4 adults will become disabled at some point before reaching retirement age, according to the Social Security Administration. Yet few people prepare for the possibility that any one ailment could cause them to miss work for an extended period of time. A total of 20.1 million adults of employment age report a work
An interview with billionaires Warren Buffett, Charlie Munger and Bill Gates. In this interview, Warren discusses his acquisition strategy and how to negotiate, including how gains and falls in the wider economy plays into his strategy. The gentlemen also talk about current investments and ones they have missed, including the impact of trade tariffs on
A truck transports new cars at the Port of Veracruz, Mexico. Susana Gonzalez | Bloomberg | Getty Images Honda’s head of American operations, Henio Arcangeli, worries that President Donald Trump’s latest proposal to slap a 5% tariff on auto imports from Mexico will price some Americans out of cars just when auto prices are near
Corona beer, owned by Constellation Brands. Getty Images Check out the companies making headlines midday Friday: Constellation Brands, Calavo Growers, Chipotle Mexican Grill — Shares of the Corona and Modelo beer marker fell more than 6% as investors worried tariffs on Mexican goods would increase Constellation Brands’ import costs. Calavo Growers and Chipotle, meanwhile fell