If the ups and downs of the stock market have you wondering what to do, you’re not alone. Stocks tanked in August, neared record highs in September and Goldman Sachs is predicting a wild ride in October. On top of that, a recent UBS survey found that 55% of the ultra-rich see a recession by
Month: September 2019
A rainy night in mid-town Manhattan, 2013. Something was happening at 8th Ave. and 44th St. — sirens, squad cars, cops cordoning off a corner. My actress girlfriend and I were coming from a theater workshop at the Producers Club on 44th, and she said as we approached the avenue: “You might be covering that
Captive Insurance jda On September 15, 2019, the IRS issued News Release IR-2019-157 entitled “IRS offers settlement for micro-captive insurance schemes; letters being mailed to groups under audit.” This appears to be the start of what amounts to the start of a global settlement initiative for qualifying 831(b) captive insurance companies and their owner. At
Americans are interested in technologies that make their bathrooms more relaxing, as well as enhancing their homes’ value, according to a new study published by the National Kitchen & Bath Association. Who are these individuals and what’s on their tech wish lists? Digital shower systems are popular with homeowners. Kohler Co Older Adaptors According to
An interview with billionaire CEO of Citadel, Kenneth Griffin. In this interview, Kenneth discusses trading and investing at his Hedge Fund, Citadel, including how he first got interested in trading and the evolution of Citadel. Kenneth also talks about his early life, real estate and philanthropy. Like if you enjoyed Subscribe for more:http://bit.ly/InvestorsArchive Follow us
Chairman Raja Krishnamoorthi (D-IL) (L) points to a poster showing similarities between Marlboro cigarette ads and JUUL Vaping paraphernalia, during a House Economic and Consumer Policy Subcommittee hearing that heard testimony on JUUL’s Role in the youth nicotine epidemic, on July 25, 2019 in Washington, DC. Mark Wilson | Getty Images A U.S. congressional panel
Pedestrians cross a street in front of a Rite Aid store in Oakland, California. David Paul Morris | Bloomberg | Getty Images Rite Aid’s stock surged by about 9% in pre-market trading Thursday after reporting better-than-expected earnings under new CEO Heyward Donigan. The pharmacy chain’s overall sales, however, fell short of analysts’ forecasts for its
Check out the companies making headlines before the bell: Beyond Meat – McDonald’s is testing a new “PLT” – a plant, lettuce, and tomato sandwich – that uses Beyond Meat’s plant-based patties. The tests will take place in 28 restaurants in Canada. Accenture – The consulting firm earned $1.74 per share for its fiscal fourth
Arianna Huffington speaks onstage in “Digital Detox” on day 2 of POPSUGAR Play/Ground on June 10, 2018 in New York City. Brian Ach | Getty Images Entertainment | Getty Images When Arianna Huffington spoke at a women’s conference hosted by Alibaba and its co-founder Jack Ma, she wasn’t expecting career advice from Ma himself. It
Tim Cook, CEO, Apple Getty Images Apple’s stock is no longer a compelling investment as the business transitions away from its historic, device-based model to one that emphasizes services revenue, according to one of Wall Street’s top tech analysts. Andy Hargreaves of Keybanc Capital Markets penned a warning to would-be investors that Apple’s pivot into
michaeljung | iStock | Getty Images Employers and workers will shell out more cash for health insurance in 2020. Large companies predict the total cost of workplace health-care coverage to reach an average of $15,375 next year, according the National Business Group on Health. That’s up from $14,642 in 2019. This figure combines workers’ and
Beneficiary designations are a crucial part of estate planning, yet they are often overlooked. Once you have signed your estate planning documents, you need to make sure your beneficiary designations are consistent with the rest of your estate plan. I have seen many situations where the intent of an individual’s will and trust were overridden
Robert F. Smith gives the commencement address during the Morehouse College 135th Commencement at Morehouse College on May 19, 2019 in Atlanta, Georgia. (Photo by Marcus Ingram/Getty Images) Getty The best graduation present just got better. Here’s what you need to know. Pay Off Student Loans Billionaire Robert Smith announced in May the ultimate graduation
For Sale By Owner Real Estate Sign Getty DIYing is all the rage and that’s true when it comes to selling a house. Fed up with paying a real estate commission, some homeowners are opting to go it alone. They’re betting they can save money, move the property faster and are more equipped to highlight
D23 EXPO 2019 – The Ultimate Disney Fan Event – brings together all the worlds of Disney under one roof for three packed days of presentations, pavilions, experiences, concerts, sneak peeks, shopping, and more. The event, which takes place August 23 – 25 at the Anaheim Convention Center, provides fans with unprecedented access to Disney
An employee works next to shoes on display inside the flagship store of sporting-goods giant Nike in Shanghai on March 16, 2017. Johannes Eisele | AFP | Getty Images Nike on Tuesday reported quarterly earnings and sales that topped analysts’ expectations, as investments it’s made to sell more directly to customers showed signs of paying
European stocks are set to open slightly higher on Thursday amid hopes that the U.S. and China will be able to resolve their protracted trade battle. European Markets: FTSE, GDAXI, FCHI, IBEX Britain’s FTSE is seen rising 4 points to 7,287, Germany’s DAX up by 9 points at 12,239, and France’s CAC up 8 points
Adam Neumann, CEO of WeWork. Eduardo Munoz | Reuters In just the last 24 hours, the CEOs of WeWork, eBay and Juul have all stepped down from their posts, the continuation of a record-setting pace of exits this year by the heads of U.S. businesses. U.S. based companies announced 159 CEO changes in August, 28%
skaman306 | Moment | Getty Images The advice: Don’t get emotional about your money. The reality: Money touches almost every part of your life. Unless you live off the grid, it’s a hard fact that money buys your food, shelter and transportation, not to mention current recreation and distant projects. The possibility of losing it
There are two words I’d bet cross your mind every time you buy a stock: “2008 repeat.” As in: “I can’t afford one!” I hear it regularly from Contrarian Income Report readers. It’s obvious why: we’re all 11 years older, and we can’t mess around—we need “correction-proof” growth and big dividends (I’m talking 6% yields
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