Equities. Shares. Dividends. Asset classes. Investing is filled with unfamiliar terms. You’ve heard how risky the stock market is. You know you have to put your money in the right places at the right time. “People can be paralyzed even before they start,” said David Wilson, a certified financial planner at Watts Capital in New
Month: September 2019
Investors watch a stock trading board at a Shanghai brokerage firm. More U.S. pension money is mandated into China’s stock market. Some in Washington DC see a chance of making sure Fed employee pensions never go in there. Photographer: Qilai BLOOMBERG NEWS Make no mistake about it, wheels are in motion to ban some $49.5
Centrally located within Big Sky’s 3,530-acre Spanish Peaks enclave, Montage Big Sky will feature a mountain modern design with aesthetics inspired by the natural setting and a timeless palette of materials including regional woods and stones. Courtesy of Montage Big Sky Montage International, the hotel and resort management company behind the brand, Montage Hotels & Resorts,
Google has agreed to pay more than $1 billion in fines and taxes to the French government. (Photo by Lyu Liang/VCG via Getty Images) VCG via Getty Images Big tech’s days are numbered. Yesterday, Google agreed to pay over $1 billion in fines and taxes to French authorities, settling a dispute over a financial fraud
Daenerys Targaryen is one of the key characters that can speak High Valyrian in Game of Thrones. Source: HBO There’s another “Game of Thrones” prequel series in the works, according to several reports, and this one will focus on the Targaryen family. Deadline, the Hollywood Reporter and Variety all reported Thursday that the show is
U.S. Housing and Urban Development Secretary Ben Carson testifies during a Senate Banking, Housing, and Urban Affairs Committee hearing on September 10, 2019 in Washington, DC. Zach Gibson | Getty Images The Department of Housing and Urban Development’s internal watchdog cleared Secretary Ben Carson of wrongdoing after investigating a planned purchase of more than $31,000
French economist Thomas Piketty poses during a photo session in Paris on September 10, 2019. Joel Sagat | AFP | Getty Images A popular French economist says billionaires are harmful to economic growth and would be effectively abolished under his tax plan, according to an interview. Thomas Piketty, whose 2013 book on inequality, “Capital in
David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019 Mike Blake | Reuters Goldman Sachs is beefing up its technology team with a top Amazon cloud executive. The New York investment bank announced on Thursday it would hire Marco Argenti
When it comes to the forecast for your Social Security benefits in 2020, there’s good news and bad news. Your Social Security checks are poised to grow next year; however, the annual increase likely won’t be as much as you got in 2019. That’s according to The Senior Citizens League, which on Thursday released its
© 2019 Bloomberg Finance LP The US-China trade war has provided Indian Prime Minister Modi with an opportunity he couldn’t refuse: to change the game in Kashmir for China and Pakistan. Back in August New Delhi terminated Article 370 of the Constitution, asserting its power in the disputed Kashmir region. This week, India called on
Billionaire Ken Griffin’s penthouse purchase (pictured here) reignited talks of a pied-a-terre tax in New York earlier this year. Sen. Brad Hoylman plans to bring the bill back in 2020. (Photo by TIMOTHY A. CLARY / AFP) (Photo credit should AFP/Getty Images The pied-a-terre tax has reared its head again, with New York Sen. Brad
. Senator Elizabeth Warren (Photo by Nic Antaya for The Boston Globe via Getty Images) Getty Senator Elizabeth Warren released a Social Security expansion plan on the morning of September 12, the day of the next Democratic presidential primary debate. David Leonhardt of the New York Times was among the first to report about it.
Everlane, a socially minded clothing company, needed to open brick-and-mortar stores because “basically” no online-only companies are profitable, CEO Michael Preysman told CNBC’s Jim Cramer. Preysman, who founded Everlane in 2011, made his remarks to the “Mad Money” host from the company’s brand-new store in Williamsburg, a hip neighborhood in Brooklyn, New York. “What online-only
andresr | E+ | Getty Images Friday’s August retail sales report is the last big economic report before the Fed begins its two-day meeting Tuesday, and it could be muddied by the Amazon Prime Day promotions that sent July sales sharply higher. Economists expect a gain of just 0.2%, after a much better than expected
Apple‘s iPhone extravaganza is still the biggest product event of the year for a simple reason: The iPhone remains the single most successful hardware product of the PC era. So what happened this week? Three new iPhones were announced: The iPhone 11, 11 Pro and 11 Pro Max. A new Apple Watch with a screen
The U.S. government’s red ink for fiscal 2019 swelled past the $1 trillion mark in August, the first time that level has been eclipsed in seven years, the Treasury Department reported Thursday. The total shortfall rose to nearly $1.07 trillion, thanks to a difference between revenue and expenses of more than $214.1 billion in August.
On Thursday night’s Democratic debate stage, at least one candidate might mention the idea of supplying you with free cash simply for being a U.S. citizen. So what gives? The concept of universal basic income — generally a set amount of money that all people receive monthly, no strings attached — is not a new
Opening a new business takes planning, time, money and passion. PeopleImages | E+ | Getty Images If you’re your own boss, chances are you aren’t doing enough to save for retirement. Just over 1 in 10 of self-employed individuals in a single-person business is currently participating in a workplace retirement plan, according to data from
Getty Images When it comes to planning for retirement, and choosing when to start claiming Social Security benefits, one of the key inputs into our decisions is how long we expect to live. Seniors can choose when they want to start taking Social Security payouts; wait longer, and the monthly check from the Social Security
Home agents are using a calculator to calculate the loan period each month for the customer. Getty When you’re applying for a mortgage, your interest rate can have a huge effect on your monthly payment. With home loans, there are two different ways that your interest rate can be calculated. You can either get a
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