Dara Khosrowshahi Patrick T. Fallon | Bloomberg | Getty Images Ride-hailing giant Uber is making a deeper push into financial services. The company announced on Monday the formation of a new division called Uber Money to house its efforts, which include a digital wallet and upgraded debit and credit cards. The emphasis, at first, will
Month: October 2019
Medicare beneficiaries would get dental, vision and hearing coverage if several bills now before Congress pass. In addition, the government would get authority to negotiate prices with drugmakers and create a cap for Medicare out-of-pocket spending on prescription drugs. All have cleared the necessary committees over the last couple of weeks and now await full
Share to facebook Share to twitter Share to linkedin While the U.S. has stayed strong, some other major economies are facing recessions. Getty Topline: Amid a global slowdown in economic growth that has seen central banks lower interest rates near zero or below in an effort to provide stimulus, here’s a look at which of
Year-End is a great time for Tax-Loss Harvesting. Getty The goal of tax-loss harvesting to lower your overall taxes. With proactive tax planning, you may be able to lower your taxable income by selling off losing investments. Similarly, you can offset some long term gains by selling investments that may have lost money over the long term. In
Oct. 20 Tornado destruction Andy Luten We lived through what we now know is the most costly tornado in Texas history: more than two billion in damages, according to the Insurance Council of Texas. More than 30,000 auto and residential claims have been filed to date, and ICT tells me claim costs could be higher
Boeing Chief Executive Dennis Muilenburg speaks during a press conference after the annual shareholders meeting at the Field Museum on April 29, 2019 in Chicago. Jim Young-Pool | Getty Images Boeing CEO Dennis Muilenburg plans to tell lawmakers Tuesday that the manufacturer made mistakes with its 737 Max, its best-selling plane that is grounded worldwide
A trading post sports the Spotify logo on the floor of the New York Stock Exchange, Tuesday, April 3, 2018. Richard Drew | AP Spotify Technology posted a surprise profit on Monday and topped Wall Street’s expectations for revenue as the music streaming company added slightly more subscribers than expected for its premium service. The
Traders work on the floor of the New York Stock Exchange. Spencer Platt | Getty Images The S&P 500 broke through its previous highs Monday, just as the historically best time of year for stocks got underway. That should give the market fuel for a positive market move into the end of the year, with
Virgin Galactic‘s leadership expects millions of space tourists will want to fly in the next decade, more demand than can be fulfilled by both Richard Branson’s company or Jeff Bezos’ Blue Origin, its closest competitor. “Ultimately we think this is going to be a capacity constrained market – more people are going to want to
Getty Women concerned about how to make their money last in retirement will want to tune in to the latest episode of the new Friends Talks Money podcast (available on all major streaming platforms and on Friendstalkmoney.org). The reasons making money last is especially important for women: they tend to live longer than men and
Economic Security Planning, Inc. Today’s column addresses potential drawbacks to taking early retirement benefits before switching to spousal, claiming retroactive benefits after 70, finding out if an ex is drawing on a worker’s record, retroactive child-in-care spousal benefits and whether a settlement is taxed by SSA.Larry Kotlikoff is a Professor of Economics at Boston University
Morgan Stewart in her closet designed by Container Store Custom Closets. Larsen Sotelo Having the same custom closet that a celebrity can have feels out of reach for most people. But E! star Morgan Stewart proves it doesn’t have to be. The Daily Pop host, fashion enthusiast, and designer of Morgan Stewart Sport recently turned a spare bedroom into
Popeyes Chicken Sandwich Source: Popeyes Louisiana Kitchen Popeyes’ chicken sandwich will return to stores Nov. 3. In August, the Restaurant Brands International chain sold out of its new chicken sandwich in a little more than two weeks. The supply was supposed to last until the end of September. The sandwich was designed to help Popeyes
In this photo illustration, the new Impossible Whopper sits on a table at a Burger King restaurant on August 8, 2019 in Brooklyn, New York. Drew Angerer | Getty Images Burger King and Popeyes owner Restaurant Brands on Monday reported quarterly earnings that met analysts’ expectations. Shares of the company were up less than 1%
Chinese President Xi Jinping addresses the audience at a luncheon at SkyCity Grand Hotel on November 21, 2014 in Auckland, New Zealand. Greg Bowker | Pool | Getty Images Bitcoin’s price rose sharply over the weekend, recovering from a plunge just days earlier, after Chinese President Xi Jinping gave a speech embracing blockchain technology and
Getty Most Americans make the wrong decisions about claiming Social Security benefits, and they usually make the wrong decisions because they commit two key mistakes. About 96% of Americans made less-than-optimum decisions about when to begin Social Security benefits, according to a study released earlier this year by United Income, a financial services firm. The
Since most young adults are in a very low tax bracket, even 0%, a Roth IRA may be the perfect way to … [+] help your child begin to save and invest for their future. Getty You don’t have to be an adult to begin saving for retirement. Provided the teenager or college student has
business, people and finances concept – smiling businessman with european money showing thumbs up… [+] over growing chart and blue background Getty When I upgrade a stock to a Strong Buy, I’m essentially suggesting that I have the utmost confidence that the combination of yield and price appreciation will generate annual total returns in the
NEW YORK CITY – SpaceX President and COO Gwynne Shotwell outlined plans for its two development programs at a recent investor conference, giving her forecast for when the company will fly people on its next-generation rocket and begin offering internet from its satellite network. The company has raised more than $1.3 billion this year to
The Gmail email application is seen on a portable device in this photo illustration on December 6, 2017. (Photo by Jaap Arriens/NurPhoto via Getty Images) NurPhoto | NurPhoto | Getty Images Here are the most important things to know about Monday before you hit the door. 1. Busiest week of earnings season Monday marks the
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