Share to facebook Share to twitter Share to linkedin The billionaire investor and Shark Tank host didn’t hold back. Steven Ferdman/Getty Images Topline: Famed investor and Shark Tank host Mark Cuban became the latest billionaire to criticize Elizabeth Warren’s proposed wealth tax in a series of tweets over the weekend, calling her the “smartest of
Month: November 2019
Private first-floor garage. StreetEasy via Nest Seekers Attention Little Monsters: A massive downtown Manhattan townhouse once rented by Lady Gaga is on the market for $17.99 million. The 11,000-square-foot, five-bedroom, 12-bath mansion at 347 W. 17th St. in Chelsea was built in 1920 but was recently gut-renovated, and Mother Monster is reportedly the only person
[embedded content] [The stream is slated to begin at 9:40 a.m. EST. Please refresh the page if you do not see the player above.] SpaceX is set to launch another 60 of its own internet satellites on Monday morning from Cape Canaveral, Florida, in a mission that will also set company records for reusing its rockets.
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters It’s no coincidence that investors are getting more positive on the stock market as the yield curve has been steepening. Bank of America Merrill Lynch’s quantitative team has new research that shows a direct relation between the move in stock
Traders work after the opening bell at the New York Stock Exchange (NYSE) on August 15, 2019 at Wall Street in New York City. JOHANNES EISELE | AFP | Getty Images Earnings in 2019 are setting a low bar to clear in 2020, paving the way for stocks to continue their record-setting rally, according to
There’s an expense lurking down the road for many retirees that is largely unpredictable but likely: long-term care. With premiums soaring on insurance policies designed to cover that cost, financial advisors are turning to a variety of other strategies to help clients prepare for a day when they might need help with daily living activities
U.S. military veterans are a force to be reckoned with on the battlefield — and in business. Many choose entrepreneurship as their career after returning from service, equipped with a cadre of unique leadership and time-management skills. Currently they own about 2.5 million small businesses in America in a host of industries, according to the
As clients get older, they often start to feel obligated to retire. They love working, but they are 65 or older and all their friends are doing it. The traditional concept of retirement is called a “cliff retirement” because it is so abrupt. One day you are working full time, and the next you are
Share to facebook Share to twitter Share to linkedin Dimon criticized wealth inequality but avoided questions about his salary. Scott Olson/2017 Getty Images Topline: JPMorgan Chase CEO Jamie Dimon admitted in a recent interview that wealth inequality is a big problem in the U.S., but while the billionaire again criticized Warren and others for going
One only needs to go back in time a little over ten years, to the Great Recession of 2008, to understand the relationship between the health of and machinations about the residential real estate market, on the one hand, and the overall health of the domestic economy, on the other. Which brings us to the
Bernard Tyson, Kaiser Permanente David A. Grogan | CNBC Kaiser Permanente chairman and CEO Bernard Tyson died unexpectedly in his sleep Sunday, the health care giant announced. One of the nation’s leading health care executives, Tyson was 60. He rose through the ranks during a 30-year career at Kaiser to become CEO in 2013. Over
An electric scooter from Swedish tech start-up Voi Technology. Voi Technology Swedish electric scooter sharing start-up Voi Technology has raised $85 million from investors, a move the firm hopes will help it reach profitability in the next few years. The new round was led by Stockholm-based investment group Vostok New Ventures, Voi said Monday. Existing
Jamie Dimon, CEO of JP Morgan Chase, speaking at the 2019 WEF in Davos, Switzerland on Jan. 23rd, 2019. Adam Galica | CNBC The growing wealth gap separating the rich from the rest of the U.S. is an issue that needs to be resolved, J.P. Morgan Chase CEO Jamie Dimon said in a “60 Minutes”
Getty This week the federal government announced new dollar limits for contributions towards retirement plans and certain deferred compensation plans for 2020 People over 50 can now elect to contribute $26,000 in their 401(k)-type plan. That is $26,000 of earned income. This boost is good news for whom, exactly? It is likely irrelevant for the
Berlin: In the area around East Side Gallery, the open-air gallery where remnants of the Wall have … [+] been painted by artists, property prices saw a shocking 6419% increase. (Photo by Adam Berry/Getty Images) Getty Images Housing prices in Central Berlin have skyrocketed by 400% since the fall of the Berlin Wall in November
Bernard Tyson, CEO of Kaiser Permanente at the 2018 WEF in Davos, Switzerland. Adam Galica | CNBC Kaiser Permanente’s chief executive and chairman, Bernard J. Tyson, died in his sleep early Sunday at age 60, the California-based company confirmed. Tyson succeeded George Halvorson as chief executive in 2013 and had led the health care corporation
A Goldman Sachs sign is seen on at the company’s post on the floor of the New York Stock Exchange. Brendan McDermid | Reuters The New York Department of Financial Services is launching an investigation into Goldman Sachs’ credit card practices after a tech entrepreneur accused the bank’s Apple Credit Card algorithm of discriminating against
How does a longer life expectancy affect your IRA? Getty IRA Required Minimum Distribution (RMD) math is complex and serious. Owners of IRAs must take a distribution starting no later than the April 1 of the year following the year the owner becomes age 70 ½. This number will likely change with the new SECURE Act
Steve and Leann Ford Reid Rolls Leanne Ford’s book (co-written with her brother Steve Ford) might be called Work In Progress, but the interior designer and HGTV star is anything but. While the book documents their charming tales of growing up together in Pittsburgh, Pennsylvania, this memoir doesn’t shy away from revealing the missteps on the
Ending private health insurance has been one of the rallying cries of Elizabeth Warren‘s presidential bid and her rise in the polls has made health care investors nervous. Yet the week after the leading Democratic contender detailed how she’d pay for her Medicare for All plan, prompting widespread debate, investors are seemingly to shrugging off
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