Stanley Druckenmiller Anjali Sundaram Billionaire investor Stanley Druckenmiller advised investors against being short the stock market as positive news on the coronavirus front has jolted a big rotation out of growth and into value names. “It’s nuanced, but there are a lot of companies that will be direct beneficiaries [from a coronavirus vaccine], and they
Month: November 2020
Eric Schmidt speaks during a National Security Commission on Artificial Intelligence conference November 5, 2019, in Washington Alex Wong | Getty Images Former Google CEO Eric Schmidt has been approved to become a citizen of Cyprus, according to a report Monday from Recode. An October notice in Alithia, a Cypriot publication, apparently announced Schmidt and
Josh Brown Adam Jeffery | CNBC Josh Brown‘s latest book on investment strategy is due out later this month, featuring 25 different financial experts who share their approach to markets. While the investors featured in the book own different assets, Brown said Monday on CNBC that there is a unifying thread connecting them. “Nobody has
Eric Audras | ONOKY | Getty Images So you finished your estate plan. You finalized a will, made sure beneficiaries are named on financial accounts, signed all other pertinent documents and picked an executor to carry out your wishes when you die. You might have overlooked one consideration: whether you should share the details of
Labor leaders, workers and activists attend a rally for a $15 minimum hourly wage on July 22, 2015 in New York. Spencer Platt | Getty Images The federal minimum wage which is currently $7.25 per hour, has not been updated since 2009 and is an unlivable income in most of the U.S. It may soon
By Richard Eisenberg, Next Avenue Tim Russert’s 2000 election prediction MSNBC Florida is essentially tied with Maine for the highest percentage of residents age 65 and older — roughly 21%, vs. 16% for the U.S. population. And about one in 10 people in The Sunshine State are 75 or older, the highest percentage in the
It’s time for a simplified personal income tax system — a flat personal income tax. And, it’s time to end class warfare revolving around it. iStockPhoto But, before we begin . . . Recommended For You Your personal income tax preparer does NOT have your best interests at heart. They want personal income tax returns
The Mercedes-Bemz Superdome after if was recently renovated. Photo courtesy of Trahan Architects/ASM Global This recent flooding in New Orleans reminds us that all buildings need to be built to higher, with more resilient standards. Famously the Mercedes-Benz Superdome was badly damaged during Hurricane Katrina on August 29, 2005 although it had to shelter about 16,000 residents whose homes
General Motors unveiled the 2022 GMC Hummer EV sport utility truck, or SUT, online and during national television broadcasts on Oct. 20, 2020. GM General Motors developed the 2022 GMC Hummer EV in rapid time with help of virtual reality, an increasing trend for the automotive industry before and during the coronavirus pandemic. GM CEO
Democratic 2020 U.S. presidential nominee Joe Biden points a finger at his election rally, after news media announced that Biden has won the 2020 U.S. presidential election, in Wilmington, Delaware, U.S., November 7, 2020. Kevin Lemarque | Reuters Stocks were set to continue their big post-election rally as futures rose in overnight trading on Sunday.
An upsurge in Covid-19 cases is hampering travel to most of the world’s most popular tourist destinations — but less famous, more remote retreats are enjoying a resurgence. From hiking hidden hillsides to riding remote routes, there are plenty of ways to escape the crowds and have a socially distanced holiday either at home or
Volunteers hand out potatoes in Auburn, Washington on May 7, 2020. JASON REDMOND | AFP | Getty Images That’s a big jump from the prior month, when 19% of the unemployed were out of work for at least six months. The number of long-term unemployed swelled by 1.2 million people in a month, to 3.6
WILMINGTON, DELAWARE – NOVEMBER 07: President-elect Joe Biden hugs grand child on stage after … [+] Biden’s address to the nation from the Chase Center November 07, 2020 in Wilmington, Delaware. After four days of counting the high volume of mail-in ballots in key battleground states due to the coronavirus pandemic, the race was called
The Bom Jesus do Monte Sanctuary and flowered gardens in Braga. getty Even if the fate of Donald Trump isn’t driving your decision, you may be considering a life abroad or dreaming of making a move across the ocean to Europe. Based on various criteria including the presence of an international school, quality of life,
The United States reported a record one-day spike of 126,400 new cases of the coronavirus as medical experts warn that the outbreak is worsening across the country and could lead to a devastating winter. The U.S. has now reported a new record one-day spike in cases everyday over the past three days, according to data
Before the coronavirus crisis, a private school education wasn’t something Jennifer Clayton would have considered for her son, Robbie, 6. Clayton, 43, works in a restaurant in the small town of Lake Hopatcong, New Jersey. Her husband, Joe, is a retired marine. They are not the typical private school family. But when their local public
LAS VEGAS, NEVADA – NOVEMBER 07: Chris Vela of Nevada carries a Biden-Harris flag as supporters of … [+] Joe Biden hold American and Mexican flags while preparing to hold a car parade to celebrate the outcome of Tuesday’s election on November 7, 2020 in Las Vegas, Nevada. Supporters around the country are taking to
Economic Security Planning, Inc. Today’s column addresses questions about whether spousal benefits can still be available, how survivor benefits are calculated when there are multiple spouses, eligibility for spousal benefits and how SSA views partnerships when determining spousal benefit eligibility. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
Bobby Walker and Nataka Crayton-Walker, of the Urban Farming Institute, visit the Fowler Clark … [+] Epstein Farm in Boston. The farmhouse was once part of a 330-acre estate. Ian MacLellan The National Trust for Historic Preservation recently announced winners of the 2020 Richard H. Driehaus Foundation National Preservation Awards, which recognize excellence in historic
Ocean Spray Sometimes a twist of fate can change a company’s trajectory or provide the rocket fuel it needs to shift to a new paradigm. Just ask Tom Hayes, the new CEO of Ocean Spray, a 90-year-old agricultural cooperative of some 700 small family farmers throughout North and South America. He found out firsthand how
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