U.S. President Donald Trump speaks with Tim Cook, chief executive officer of Apple Inc., during an American Workforce Policy Advisory board meeting in the State Dining Room of the White House in Washington, D.C., U.S., on Wednesday, March 6, 2019. Al Drago | Bloomberg | Getty Images If you need a new television, you might
Month: August 2019
President Donald Trump meets business leaders at the Great Hall of the People in Beijing, China, in November, 2017. Jonathan Ernst | Reuters Barring an unlikely agreement or a presidential tweet, it will soon be 15% more expensive for U.S. companies to import everything from milk to diapers to sports equipment from China. Tariffs on
Jin Lee | Bloomberg | Getty Images Wall Street suffered from whiplash throughout August as trade headlines and recession angst sent stocks on a wild ride during the last full month of summer. The S&P 500 posted 11 moves of more than 1% in 22 trading sessions for August. Those moves included three declines of
If you’re in the market for a new car, there’s a good chance you’ll find some decent deals during the long Labor Day weekend sales push. With vehicles sitting on lots longer and dealerships eager to make room for next year’s models, automakers have boosted their discounts ahead of the three-day weekend. The average incentive
Beer being poured at Night Shift Brewing. Source: Night Shift Brewing Collin Castore started selling beer out of coolers in parking lots at Grateful Dead concerts. It was the mid-1990s and craft beer was a small niche market. While most people were drinking big labels like Budweiser and Miller, Grateful Dead fans had a taste
Should we income investors buy any bonds right now? Bond prices have rallied, but the rear view mirror doesn’t help any new money we’re putting to work right now. Meanwhile interest rates are tanking, which tends to defeat the point of purchasing fixed income in the first place. But, stocks are on a roller coaster
Venus Williams’ firm V Starr Interiors is designing Serena’s modern South Florida home. (Julian Finney/Getty Images) Getty It’s Labor Day weekend. That means NFL football, U.S. Open Tennis and barbecues take center stage. But design? Design doesn’t typically make headlines this time of year—unless it’s related to football or tennis. And so it does. In
Share to facebook Share to twitter Share to linkedin According to the National Hurricane Center Dorian is predicted to hit Florida as a Category 4 storm over the Labor Day weekend. (Photo by NOAA via Getty Images) Getty Images Late last night, Hurricane Dorian became a Category 4 hurricane with the maximum sustained winds of
Jack Dorsey, chief executive officer and co-founder of Square Inc., speaks during a Bloomberg Television interview on Wednesday, Aug. 2, 2017. Bloombeg | Getty Images Twitter CEO Jack Dorsey’s account on the social network was compromised on Friday and began sending out erratic tweets. Dorsey’s account began sending a flurry of tweets, including some with
Traders work on the floor of the New York Stock Exchange on August 14, 2019 Spencer Platt | Getty Images Stock pickers are heavily invested in bank stocks, and it hasn’t been working out well for them. Mutual funds are most overweight in financials across all sectors, according to a Goldman Sachs analysis of 597
Source: SmartAsset Retiring early can take some careful financial planning, especially in a era when many Americans have to keep working not only past 65 but well into their 70s just to make ends meet. Where you decide to settle down to ease into your golden years is a huge factor in just how far
When Boomers faced career crises in the 1980s, they read the bestseller, “What Color Is Your Parachute?” Now, as they approach or enter retirement, they face a new question: “What color is my retirement? Green, yellow or red?” A simple financial formula—a kind of litmus test—can help you answer that question. First, estimate the value
Portrait of an amazed young girl with shopping bags in trendy store Getty Retail is dying! The retail apocalypse is here! Retailpocalypse this! Retailpocalypse that! Retailpocalypse!!!! I’ve got to admit that, sometimes, the media sources and newscasters talking about retail remind me of street-corner preachers. Not the nice individuals who politely try to engage people
Partnership returns have a new election to consider this year. Question 25 on Page 3 of Form 1065. Is the partnership electing out of the centralized partnership audit regime under section 6221(b)? You have had four years to be thinking about it, but the word is slow getting to some people. I’ve confirmed that with a
The CEO of Boston Beer Company told CNBC on Friday that the brewer is looking to enter the cannabis market next after its success in the hard seltzer business. “We’re not going to be the first one in, but we’re going to study and learn once the [hard seltzer] category develops. We’ll play it sometime
Hewlett Packard Enterprise shares rose as much as 8% on Tuesday after the company said it was raising its full-year earnings guidance. Here are the key numbers: Earnings: 45 per share, excluding certain items, vs. 40 cents per share as expected by analysts, according to Refinitiv. Revenue: $7.22 billion, vs. $7.26 billion as expected by
Stock market investors may be glad to see August go, but September might not be any better, unless there are some positive developments in the trade war. Markets enter September, anticipating a Federal Reserve rate cut mid-month and worrying the chilling in the global economy will reach the U.S. There appears to be no progress
A financial advisory firm has been charged by the Securities and Exchange Commission with defrauding former professional football players. Former principals of Cambridge Capital Group Advisors, Philip Timothy Howard and Don Warner Reinhard, allegedly took more than $4 million from around 20 retired NFL players to invest in private hedge funds managed by the Tallahassee,
The robots are coming. Don’t be afraid. These machines are changing medicine for the better … one hip and knee replacement at a time. This exciting technology, which I’ll tell you about in a moment, will only be more life-changing when lightning-fast 5G networks get rolled out to the masses. 3d rendering surgery room with robotic surgery
Share to facebook Share to twitter Share to linkedin Exterior Preview First After five years on the market, the just-closed sale of a 7,625-square-foot home in the Del Mar region of San Diego goes to Jenny Craig, founder of the eponymous weight loss company. The home was first put up for sale in 2014 for
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