A general view of a stand displaying 5G mobile network technology on the opening day of the ITU Telecom World 2019 conference organised by the International Telecommunication Union (ITU) in Hungexpo Fair Centre in Budapest, Hungary, Monday, Sept. 9, 2019. The four-day conference and exhibition is a global platform for high-level debate, networking, innovation-showcasing and
Month: September 2019
Dear Social Security Commissioner Saul, I write to relay two Social Security horror stories with the hope that you can help these people and take steps to prevent similar cases. The first involves Christopher Carriero, who lives in Georgia (302 Victoria’s Circle St. Mary’s, Ga. 31558). He’s receiving Social Security disability benefits. He has three
Children pose for pictures with Santa Claus at a shopping mall in Torrance, California. Patrick Fallon | Bloomberg | Getty Images Retailers could be in for a jolly jump in sales this holiday season, despite headwinds like the U.S.-China trade war and the threat of another economic slowdown. Holiday retail sales for 2019 are forecast
Marko Kolanovic Crystal Mercedes | CNBC J.P. Morgan’s chief quant says oil prices won’t hurt stock prices until they hit the $80 to $85 per barrel range. Marko Kolanovic, global head of macro quantitative and derivatives strategy, said when oil prices are stable, oil correlates positively with the S&P 500, but when there are large
Federal prosecutors on Monday accused three J.P. Morgan precious metals traders, including the global head of base and precious metals trading, of participating in a racketeering conspiracy in connection with a multiyear scheme to manipulate the markets and defraud customers. The alleged scheme saw the nation’s largest bank by assets profit handsomely, while investors suffered
Wondering if you have enough savings in your 401(k) and IRA to retire comfortably? Confused about the best way to deploy your savings in retirement so you don’t outlive your money? These are critical retirement planning decisions for most older workers who are approaching their retirement years. The trouble is, the majority of older workers
short sale sign on pole with copy space Getty Many buyers tend to be interested in short sales because they’ve heard that they are a way to buy a home for less than its market value. While that statement is true, navigating the short sale process is often tricky and may not be right for
Share to facebook Share to twitter Share to linkedin SOPA Images/LightRocket via Getty Images Topline: Apple and the Irish government will this week appeal an European Commission ruling that the Cupertino-based tech giant saved $14.3 billion in taxes by striking a favorable deal with the Irish government. On Tuesday, the European Union’s General Court will
Ulta Beauty: “I think it’s within 10% of a bottom. I’ve been wanting to wait — I wanted to wait until we see the next quarter, but I’m O.K. with. Count another 20 points and I’m fine with it.” Davita: “I think it’s a very, very good company. It’s down a lot from it’s high, but
Michael Wirth, CEO of Chevron. Adam Jeffery | CNBC The attack against Saudi Arabia’s oil facilities is a wake-up call to dangers in the oil market, according to Chevron CEO Michael Wirth. “Perhaps the market had grown a little bit comfortable with risks that we never became comfortable with,” Wirth told CNBC’s “Closing Bell” Monday. “These
A woman fuels her SUV at an Exxon Mobile gas station in Chicago. Getty Images Oil prices are surging and if history is any guide, a handful of stocks are going to outperform the market over the next week. Drone Saudi Arabian oil facilities over the weekend forced the kingdom to cut its oil output
Bloomberg | Bloomberg | Getty Images Are you prepared to dig a little deeper into your wallet? If not, you may have to make some choices about the products you buy and your budget, thanks to the latest round of U.S. tariffs on Chinese goods that went into effect earlier this month, as well as
Wayne Himelsein is buying Mastercard. © 2019 Bloomberg Finance LP The S&P 500 made a new all-time high last week. Wayne Himelsein, one of my best managers, bought Mastercard even though his confidence in the market has been somewhat weakened by the failure of the Dow and Nasdaq to confirm the S&P 500’s new high,
Autumn Calabrese’s stunning Calabassas home Samantha Jacoby Autumn Calabrese is best known as the face of fitness powerhouse BeachBody and as the creator of the 21 Day Fix. Her practical approach to fitness and food is no different than how she approaches her life at home. Originally from Ohio, Calabrese is truly the mom next door,
The IRS has announced a global settlement of cases involving abusive 831(b) captive insurance schemes, which announcement (IR-2019-157) is hyperlinked here and at the bottom of this article and is well worth reading in full, down to the last period in the Appendix. According to the announcement, “The settlement requires substantial concession of the income
Pedestrians walk past a GameStop Corp. store in New York, U.S. Bloomberg | Getty Images Between 180 and 200 underperforming GameStop stores are set to shutter before the end of the fiscal year, and more could be on the way. GameStop has blamed online shopping and digital sales of games for much of its sales
Brendan McDermid | Reuters Check out the companies making headlines midday Monday: Devon Energy, Marathon Oil, Exxon Mobil, Chevron — Energy stocks surged after a drone strike attack wiped out about half of Saudi Arabia’s daily crude production. The attack sent oil prices skyrocketing more than 11% while the broader stock market fell. Devon and
Traders work on the floor at the New York Stock Exchange, June 5, 2019. Brendan McDermid | Reuters Energy stocks, one of the worst-performing sectors this year, spiked on Monday after an attack on Saudi Arabia’s heart of oil production Saturday sent oil prices soaring. The S&P Oil & Gas Production ETF jumped more than
You know you need to put money away for retirement. But how much do you really need to save? It’s a question that confounds many individuals. And not knowing can contribute to one big fear: that they will run out of money in their later years. ATABOY | Getty Images A new tool aims to
Hero Images | Getty Images Got some side income? Run a business? You’re facing a tax deadline today. Individuals who pay the Internal Revenue Service every quarter must make their third payment for 2019 by Sept. 16. The other deadlines for this year are April 15, June 17 and Jan. 15, 2020. Taxpayers hoping to
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