Tax return forms and wage statements with a note saying Taxes Due. Getty You have probably seen the recent headlines saying that US income inequality has reached a 50-year high. They are based on the Census Bureau’s latest report on Income and Poverty in the United States, published last month. The Census Bureau’s data, however,
Month: October 2019
2 Sunninghill Road in Southampton Out East via Nest Seekers International Bridgehampton The summer isn’t the only prime season for a Hamptons getaway. Real estate experts say the East end of Long Island is becoming a more desirable destination in the fall. The crowds have gone back to work and school, the leaves are changing,
An interview and Q&A with billionaire investor and founder of the world’s largest Hedge fund Bridgewater Associates, Ray Dalio.In this interview, Ray discusses how the economy works and the mechanisms that drive it. Ray also talks about financial crises throughout history and the future of China. ????Books by Ray Dalio and his favourite books are
Maintenance workers cover the engine of an American Airlines Group Boeing 737 Max plane at Tulsa International Airport (TUL) in Tulsa, Oklahoma, May 14, 2019. Patrick T. Fallon | Bloomberg | Getty Images American Airlines pulled the Boeing 737 Max from its schedules until mid-January, delaying its return longer than any U.S. airline, as the
XIAOSHAN AIRPORT, HANGZHOU, ZHEJIANG PROVINCE, CHINA: An outbound tourist group is waiting for check-in in front of the counter of China Customs. Chinese nationals have become the largest number of foreign tourists visiting other countries in 2015 as the number of outbound visitors crossed 120 million, registering an 11 million increase from last year. Zhang
Traders work on the floor of the New York Stock Exchange (NYSE) on July 17, 2014 in New York City. Spencer Platt | Getty Images News | Getty Images With massive spending on the new streaming platform and the costly integration of Fox, Disney is putting its stock at a vulnerable place in the near-term,
When things go sideways, as they inevitably will, you’ll need cash. That’s what the rainy day fund — aka the emergency fund, savings pool or cash stash — is all about. Generally, the rule of thumb is three to six months’ expenses. Some experts even recommend tucking away even more. Is that even possible? Less
Meet Dylin and Allison Redling. They spent most of their 20s figuring out what they wanted to do when they grew up. Neither had any serious ambition, or anything that looked like a comprehensive life plan. Dylin categorizes people as either go-getters, which he and Allison certainly were not, and slackers, a group he says
Getty Are you scared to look your tax professional in the eye? The deadline for taxpayers who requested an automatic six-month filing extension is fast approaching – and if Twitter is to be believed, many taxpayers still have to get their information to their tax preparers. Remember that most taxpayers on an extension must file
When we consider property management as a profession, much of what comes to mind is daily responsibilities in maintenance, collections and marketing vacant units. However, one area that deserves equal recognition is in utilities management. This is a significant portion of the job of a property manager, managing building utilities and making sure they are
Siu Rui Quek had always been entrepreneurial. As a teen, he would fuel his passion for technology and earn extra cash buying and selling gadgets online. But it was a lesson learned in his early twenties from enterprising icons Mark Zuckerberg and Jack Dorsey that set him on course for the big times. That lesson?
A damaged pipeline is seen at Saudi Aramco oil facility in Khurais, Saudi Arabia, September 20, 2019. Hamad Mohammed | Reuters Saudi Aramco, the world’s biggest oil producer, is expected to file its IPO prospectus by the end of the month, people familiar with the matter told the Wall Street Journal. The prospectus will reportedly
Getty Images Investors, business owners and consumers should be heeding the message that the inverted yield curve is sending, according to the researcher who pioneered the economic forecasting model. Duke University professor Campbell Harvey said people shouldn’t wait for the economic downturn he anticipates before taking preventive measures. “This is the time where you need
President Donald Trump announced that the U.S. has issued new sanctions on Iran’s central bank at the “highest level” while speaking in the Oval Office on September 20, 2019 in Washington, DC. Win McNamee | Getty Images President Donald Trump’s personal and corporate tax returns could give the public an inside look at his finances
The logo for General Electric appears above a trading post on the floor of the New York Stock Exchange, Friday, Aug. 16, 2019. General Electric rebounded 6.7% after reporting late Thursday that its CEO had bought 250,000 shares of GE stock. GE had ASSOCIATED PRESS This morning, CBS News and other news outlets reported that
Share to facebook Share to twitter Share to linkedin Both major indexes fell over 1%. Getty Images Topline: The stock market was off to a rough start on Tuesday, and although it rebounded slightly in the afternoon, rising uncertainty over trade talks with China—set to start Thursday—took a huge toll and prompted a further sell-off.
The kids are back in school and work is ramping up. That must mean that it’s time for your next seasonal cold to kick in, making you both miserable and less productive. According to the Centers for Disease Control and Prevention, “common colds are the main reason that children miss school and adults miss work.
A interview and Q&A with billionaire debt investor and founder of Oaktree Capital Management, Howard Marks. In this interview, Howard discusses the patterns he has come to recognise in the market and how to adjust a portfolio to different points in a market cycle. Howard also talks about the worst words in investing and the
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 An ongoing spat between the NBA and China could end up hurting Nike, which has ties to both the basketball organization and the region. Greater China,
Richard Allison, CEO of Domino’s Pizza, speaks at CNBC’s Evolve conference in Chicago on Sept. 24, 2019. Jeff Schear | CNBC Domino’s Pizza on Tuesday reported quarterly earnings and revenue that missed analysts’ expectations. Shares of the company fell nearly 4% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting,
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