The GoDaddy banner hangs outside of the New York Stock Exchange as the website hosting service makes its initial public offering on April 1, 2015 in New York City. Getty Images GoDaddy on Wednesday announced its biggest-ever share buyback of $500 million and reported a 12% rise in quarterly revenue as the web hosting company
Month: November 2019
Democratic presidential candidate Sen. Elizabeth Warren (D-MA) speaks during a rally in Washington Square Park on September 16, 2019 in New York City. Bauzen | GC Images | Getty Images Wall Street can’t stop talking about Elizabeth Warren, and as trade-war fears and recession scares abate, the Massachusetts senator’s ascent is set to become the
An investor watches the electronic board at a stock exchange hall on Feb. 11, 2019 in China. Visual China Group | Getty Images One of the largest indexers in the world is set to announce a new round of increases in the weighting of mainland China stocks, and the addition is generating an unusual amount
For some savers, the lure of moving assets to a Roth individual retirement account from a traditional IRA or 401(k) plan often boils down to the tax-free income it will deliver in their golden years. Yet there are some less obvious reasons for certain retirees or retirement savers to consider doing a so-called Roth conversion.
Receiving a Pension Buyout Offer may feel like you’ve won the lottery. But make smart choices to … [+] help ensure you have a financially secure retirement. PA Images via Getty Images Pensions were once the cornerstone of a secure retirement. They provided a retirement income you could not outlive. Today, pension plans are being
The Las Vegas City Council approved an ordinance Wednesday that criminalizes camping or sleeping on … [+] downtown streets when beds are available at established shelters. Getty Images The Las Vegas City Council approved a controversial ordinance Wednesday that makes it illegal to rest, sleep or camp on streets and sidewalks in public areas downtown
NEW YORK, NY, The Maybach S650 by Mercedes-Benz at the New York International Auto Show. (Photo by … [+] Michael Brochstein/SOPA Images/LightRocket via Getty Images) LightRocket via Getty Images Democratic presidential hopeful Elizabeth Warren has proposed a number of new taxes on high-income households. Add them up and many of the very wealthiest could pay
An Airbus A380-800 passenger plane of the Emirates Airlines at Moscow’s Domodedovo Airport. Mikhail Tereshchenko | TASS | Getty Images DUBAI — Emirates airline reported a massive comeback in its half-year earnings Thursday with a 282% jump in profits to 862 million dirhams ($235 million), thanks in part to lower fuel prices. The head-turning figure
The Humana headquarters office stands in Louisville, Kentucky. Ty Wright | Bloomberg | Getty Images U.S. health insurer Humana reported a third-quarter profit that beat Wall Street estimates on Wednesday on higher sales of its government-backed Medicare Advantage health plans and raised its full-year earnings forecast. Here’s what the company reported compared with what Wall
A 711 employee accepts a mobile payment from a customer in Shenzhen, China Uptin Saiidi | CNBC BEIJING — A few months ago, I got out of a taxi upon arriving at my hotel in Beijing. As mainstream credit cards are uncommon and rarely accepted here, I handed the driver cash. I couldn’t speak Chinese
Apple CEO Tim Cook arrives for Apples “The Morning Show” global premiere at Lincoln Center- David Geffen Hall on October 28, 2019 in New York. Angela Weiss | AFP | Getty Images Bank of America sees Apple shares climbing even further in the next year, as the coming launch of a 5G-enabled iPhone is projected
ferrantraite | E+ | Getty Images You may have the perfect plan for holiday season travel. Yet one wrong move and your carefully crafted budget could fly out the window. “The holidays are a really busy time and there are already so many things to do – from checking off wish lists to holiday functions,”
Businessman looking tired while working at his office desk Getty Real estate investment trusts (REITs) are on fire—and we need to be very careful not to get burned. Here’s the twist: there’s plenty more upside ahead—and you can thank the Fed for that. Its latest rate cuts will keep powering REITs higher, for two reasons:
The Pinnacle penthouse Williams New York After sitting on the market for several years, “The Pinnacle” penthouse at the top of New York City’s famed Woolworth Building is relisted with its first furnished renderings and a lower price. Originally listed for $110 million in 2017, the property, which spans the top five floors of the
Economic Security Planning, Inc. Today’s column addresses the possibility of suspending a retirement benefit to then get spousal benefits, when spousal benefits can be paid, suspending a benefit after receiving disability, potential merits of early filing and voluntarily paying into Social Security. Larry Kotlikoff is a Professor of Economics at Boston University and the founder
CNBC’s Jim Cramer explains why Xerox’s reported bid for HP will not materialize, while also giving his thoughts on the benefits of mergers and acquisitions. The “Mad Money” host also talks with CVS’ CEO on the health-care giants’ impressive quarter and his reflections on teen vaping. Later on, Cramer explains why Lyft’s stock is worth
Getty Images Altice USA missed expectations for third-quarter results on Tuesday due to weakness at its pay-TV division and the cable TV provider cut its full-year sales forecast, sending its shares down 10%. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per
Netflix has built itself into a $125 billion company by accumulating global subscribers — a number that hit 164 million when the company announced third-quarter results last month. But CEO Reed Hastings said Wednesday that subscriber counts aren’t the right metric to track who’s winning the streaming wars — what’s really important is how viewers
Ray Dalio, billionaire and founder of Bridgewater Associates LP, speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, D.C., U.S., on Friday, Oct. 18, 2019. Al Drago | Bloomberg | Getty Images Central banks have been giving cheap money to investors who have been injecting it into companies that are often
Advertising billboards seen in Times Square, New York City Brigitte Blättler | Moment | Getty Images If you’re living in the northeastern part of the country, chances are that you’re paying some hefty income taxes. New Yorkers paid the most in state income levies — $2,249 per capita during the 2017 fiscal year, according to
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