Ethan Brown, founder and CEO of Beyond Meat, prepares to ring the opening bell to celebrate his company’s IPO at the Nasdaq Market site in New York, May 2, 2019. Brendan McDermid | Reuters Shares of Beyond Meat, which makes plant-based meat substitutes, surged more than 14% on Tuesday, adding to their stellar start in
Comstock Images | Stockbyte | Getty Images People who have trouble focusing see an optometrist. Those with back pain perhaps visit a chiropractor. Similarly, individuals in unique financial situations, who earn money in a special way or belong to a specific social group may have considered consulting not only one of the nation’s 300,000 or
Jamie Grill | Image Bank | Getty Images Recent market volatility is shining a spotlight on equity funds, but make sure you don’t overlook the risks hiding in the “stable” part of your 401(k). Generally, investors think of bonds as a safe corner of their portfolio, offsetting the day-to-day dramatic movements you might see in
Congress is on the verge of passing legislation that could lead to millions of small business employees get workplace retirement savings plans for the first time, two key Senators said Photo credit: Associated Press Congress is ready to boost the access for millions of small business employees to workplace savings plans, two key Senators said today.
Cargo ships berth at a port in Qingdao in China’s eastern Shandong province on May 8, 2019. Photo credit:STR/AFP/Getty Images) AFP/Getty Images President Trump’s increases in tariffs on imported goods from China and elsewhere are effectively reversing a big chunk of the 2017 Tax Cuts and Jobs Act. For many low- and middle-income consumers,
ShopPremiumOutlets.com will operate similar to a marketplace open to brands that are tenants of Simon Premium Outlets Simon Property Group Recently, Simon Property Group’s CEO David Simon told analysts on a post-earnings conference call “I think most of the bad news is behind us,” referring to store closures and retail bankruptcies. “But I can’t guarantee
Prosecutors in Tokyo asked a judge for permission to remove one of the key financial misconduct charges facing former Nissan Chairman Carlos Ghosn, an allegation that he diverted company cash to a Saudi friend. The move came on the same day that Japan’s second-largest automaker announced its 2018 fiscal earnings had plummeted to their lowest
The logos of QQ Music, Kugou and Kuwo are seen on the screen of an iPhone on June 12, 2018 in Paris, France. QQ Music, Kugou and Kuwo are the three streaming Chinese music services owned by Tencent. Chesnot | Getty Images China’s Tencent Music Entertainment Group said it had started charging for more of
Shoppers pass the Christmas lights and Coca-Cola truck in Liverpool city centre. Peter Byrne | PA Images | Getty Images Check out the companies making headlines midday Tuesday: Coca-Cola — Coca-Cola rose 2% after Morgan Stanley upgraded the company to overweight from equal weight. Morgan Stanley said it raised Coke’s valuation because the company’s current
Niklas Halle’n | AFP | Getty Images Democracy and capitalism are being threatened by growing economic inequalities in both the U.S. and the U.K., new research warned on Tuesday. The report, from the Institute for Fiscal Studies (IFS), was published as the organization launched a wider review into inequality around Britain, which will be chaired
Mark Cuban, billionaire investor and owner of the NBA’s Dallas Mavericks, told CNBC on Tuesday that Uber’s disappointing initial public offering last week was “not a surprise” because the ride-hailing company waited too long to go public, losing the momentum early companies typically have. “It’s not a growth company,” Cuban said in a phone interview
Sprinklers water the lawns of a housing development in Hesperia, California. (Photo by David McNew/Getty Images) David McNew | Getty Images News | Getty Images You probably have a rough idea of how much energy and water your home uses, based on your utility bills. But new technologies aim to turn the tables, letting you
The Social Security Office in Alhambra, California. Mario Anzuoni | Reuters As Washington and Beijing face off on tariffs, there could be one unseen group affected: retirees. The Senior Citizens League, a nonpartisan group advocating for seniors, on Tuesday released its latest report on the buying power of Social Security benefits. The group also projected
Public pensions,at risk, need your help. Getty A network of financial advisers capable of responding to growing concerns of workers participating in our nation’s largely underfunded public pensions is needed—immediately. With nearly 80 million Baby Boomers retired, or on the verge of retiring, news that the overwhelming majority of this population is unprepared financially for
Chuck DeVore on Fox News Discussing the Proposed Tax Hikes on May 10, 2019 Fox News broadcast, May 10, 2019 Trying to stand out in a crowded field, Democratic candidates for president have so far proposed nine separate tax increase ideas totaling more than $10 trillion. We can break them down into three basic groups.
New studies show that homeownership is becoming increasingly more difficult for many American teachers. photo credit: Getty Getty Teachers are having a hard time becoming homeowners. According to two new studies, average teaching incomes coupled with rising home prices are putting the American Dream out of reach for many of our country’s educators. Recent data
The global movie industry descends upon the French Riviera this week for the 72nd Cannes Film Festival, one of the most prestigious events in the business. But for the second year in a row, U.S. streaming giant Netflix won’t be there. The red carpet is rolled out prior to the opening ceremony of the 72nd
Copies of ‘Grand Theft Auto V’ on display for sale at a GameStop store in Peru, Illinois. Daniel Acker | Bloomberg | Getty Images Take-Two Interactive Software reported lower-than-expected quarterly revenue and forecast first-quarter sales below analysts’ expectations, as it faces intense competition from free-to-play “battle royale” games “Fortnite” and “PUBG.” Shares of the company
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images U.S. equity futures opened lower Monday evening as traders weighed the details of an ongoing trade war between the United States and China. As of 6:10 p.m. ET Monday, Dow Jones Industrial Average futures were down
Mike Wilson, Chief U.S. Equity Strategist and Chief Investment Officer at Morgan Stanley. Adam Jeffery | CNBC The U.S. economy could fall into a recession if the country’s trade war keeps escalating, Morgan Stanley’s Michael Wilson said Monday. Wilson, the bank’s chief U.S. equity strategist, told clients in a note that higher U.S. tariffs on