Getty | Westend61 Everyone has to save for retirement. If you have a job with a company that offers retirement savings, you are in luck. You sign up (or you might be enrolled automatically) and then contribute through your paycheck. You don’t have to do a thing. But when you’re an independent entrepreneur, you have
Month: February 2020
Pedestrians wearing protective face masks walk though the Chinatown neighborhood of New York, U.S., on Tuesday, Feb. 4, 2020. Michael Nagle | Bloomberg | Getty Images This is a live blog. Please check back for updates. All times below are in Beijing time. 8:40 am: Chinese social media erupts with condolences and anger over whistleblower
Vehicles wait in line at the drive through lane of a Yum! Brands Inc. Kentucky Fried Chicken (KFC) and Taco Bell restaurant in Lockport, Illinois, U.S., on Tuesday, Feb. 5, 2019. Daniel Acker | Bloomberg | Getty Images Yum Brands on Thursday reported quarterly earnings that fell short of analysts’ expectations. Shares of the company
Credit Suisse CEO Tidjane Thiam FAFabrice Coffrini | AFP | Getty Images Credit Suisse CEO Tidjane Thiam is to step down as on Feb. 14 and will be replaced by Thomas Gottstein. The news follows a long drawn-out spying scandal at the bank. An internal investigation by law firm Homburger into the spying scandal which
Much has been written about black truffle hunting in the French countryside, where Perigord truffles, or tuber melanosporum, thrive below oak and hazelnut trees. But little is discussed about how these “black diamonds” are traded before they reach the hands of fine dining chefs around the world. The interior of a black truffle is lined
A SpaceX Falcon 9 rocket lifts off from Cape Canaveral Air Force Station carrying 60 Starlink satellites on November 11, 2019 in Cape Canaveral, Florida. The Starlink constellation will eventually consist of thousands of satellites designed to provide world wide high-speed internet service. Paul Hennessy | NurPhoto | Getty Images SpaceX is considering spinning off
A pedestrian wears a face mask while pushing a stroller past the Tiffany & Co. luxury goods store at Times Square in the Causeway Bay district of Hong Kong, China, on Thursday, Feb. 6, 2020. Bloomberg Here’s a comforting fact as the market grapples with the coronavirus: Your 401(k) plan is pretty resilient. The alarming
kate_sept2004 Tax season has just started, but you can still find opportunities to cut your 2019 taxes if you know where to look. The IRS started accepting tax returns on Jan.27, kicking off the long march to April 15 — the deadline for taxpayers to pay last year’s liabilities. Even if you’re able to get
Margot Robbie, Mary Elizabeth Winstead, Rosie Perez, Ella Jay Basco and Jurnee Smollett-Bell star in “Birds of Prey: And the Fantabulous Emancipation of One Harley Quinn.” Warner Bros. The long-awaited comic book film featuring the delightfully psychotic Harley Quinn hits theaters this weekend and has charmed critics. “Birds of Prey (And The Fantabulous Emancipation of
Customers walk past a Coach store at Shanghai New World Daimaru department store on August 12, 2019 in Shanghai, China. VCG | Visual China Group | Getty Images Coach handbag maker Tapestry on Thursday became the latest company to forecast a hit to its profit from the coronavirus outbreak in China, warning its sales could
Berkshire Hathaway Chairman Warren Buffett Interview Credit: Daniel Acker/Bloomberg via Getty Images Cryptocurrency entrepreneur Justin Sun finally got his $4.5 million charity auction dinner with Warren Buffett last month. In a Facebook post, Sun, founder of the Tron cryptocurrency platform, said he and several of his guests had an “Amazing dinner w/ Warren Buffett finally!”
CNBC’s Jim Cramer expressed concerns about the fundamentals of Casper Sleep‘s business ahead of the online mattress startup’s Thursday debut as a publicly traded stock. Shares opened at $14.50, an over 20% increase from its offering price. “The losses here are staggering” for the business, Cramer said on “Squawk on the Street.” Casper, which started
Low-angle view of the facade of Tesla Motors dealership with logo and sign in Pleasanton, California, July 23, 2018. (Photo by Smith Collection/Gado/Getty Images) Smith Collection/Gado This week’s mania around Tesla stock, which saw the share price of the automaker and sustainable energy company hit its biggest one-day gain in six years, likely has some
Former New York City mayor Michael Bloomberg, a democratic presidential candidate, attends the U.S Conference of Mayors 88th Winter Meeting in Washington, D.C, January 22, 2020. Yasin Ozturk | Anadolu Agency | Getty Images Democratic presidential candidates are taking aim at a new tax break for small businesses. Billionaire Michael Bloomberg last week pitched a
This is a live blog. Please check back for updates. All times below are in Eastern time. Total cases: More than 28,000 as of Thursday morning.Total deaths: At least 565 worldwide as of Thursday morning 8:10 am: Russia reportedly rejects OPEC’s proposal to impose further oil cuts Russia is thought to be standing in the
Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. Anushree Fadnavis | Reuters Twitter reported earnings for its fourth quarter of 2019 Thursday that missed analyst estimates for earnings per share but beat revenue and active user expectations. The stock
Twitter (TWTR) – Twitter earned an adjusted 25 cents per share for the fourth quarter, 4 cents a share below estimates. Revenue came in above forecasts, however, and monetizable active daily users jumped 21% from a year ago to a record. Cigna (CI) – The insurance company reported quarterly profit of $4.31 per share, 11
Apple CEO Tim Cook speaks about the Apple Watch during Apple’s annual Worldwide Developers Conference in San Jose, California, June 3, 2019. REUTERS/Mason Trinca Mason Trinca | Reuters The Apple Watch outsold the entire Swiss watch industry in 2019, according to a new report. Market research firm Strategy Analytics estimates that Apple shipped 30.7 million
Money manager Catherine Wood told CNBC on Wednesday that she stands by her latest five-year price target of $7,000 per share for Tesla. “Our confidence level that this stock is heading for $7,000 over the next five years is very high,” Wood, the founder and CEO of Ark Investment Management, said on “Fast Money.” “We’ve
You probably know that most experts caution against trying to time the stock market. Yet, if you think there’s trouble ahead, could moving entirely to cash ever be a good idea? Financial advisors typically offer an emphatic no. Some, though, offer a caveat. “If you have all the money you’ll ever need, and don’t need
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