Getty An article in today’s Wall Street Journal came to my attention: “The End of Retirement,” by John D. Stoll. The gist of the article is likely not new to readers who follow the subject closely: on the one hand, we’ll need to adjust our expectations on when to retire, but, on the other hand,
Month: January 2020
The stock market ended a volatile week on a high note. Richard Drew/ASSOCIATED PRESS Topline: With stocks rising to new record highs on Friday, the Dow Jones Industrial Average surged past the 29,000 mark for the first time ever, as Wall Street investors shrugged off a weak jobs report and the ongoing geopolitical tensions with
Housing inventory has hit a two-year low. Getty Mortgage rates dropped to a 13-week low as we entered 2020, but despite the increase in demand it might cause, a huge jump in sales probably isn’t on the horizon. According to Freddie Mac, the current average rate on a 30-year, fixed-rate mortgage clocks in at just
The Vince Lombardi Trophy. Getty Images Miami is proving to be a lucrative location for the National Football League’s hospitality company On Location Experiences, which is expecting a 15% increase in revenue for Super Bowl LIV next month, according to league officials. OLE, which creates one-of-a-kind, luxury Super Bowl packages that include tickets, food, entertainment
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Nike. Karen Finerman was a buyer of Home Depot. Steve Grasso was a buyer of Snap. Guy Adami was a buyer of Lyft. Disclosure Trader disclosure: Tim Seymour is long AMZA, AMZN, AAPL, ACBFF, ACRGF, ALEF, ACB,
Members of Britain’s royal family at the Trooping the Colour ceremony on June 13, 2015. Chris Jackson | Getty Images LONDON — The U.K. should hold a referendum on the future of its royal family, a lawmaker vying for the leadership of the opposition Labour party said Friday. Clive Lewis, a candidate standing to replace
Martin Chavez, Goldman Sachs Amanda Gordon | Bloomberg | Getty Images Marty Chavez’s next act is beginning. The former Goldman Sachs technology chief is joining the board of Paige, a New York-based start-up that aims to use artificial intelligence techniques to improve the diagnosis and treatment of cancer. “I’m thrilled at the opportunity to put
Florida, Fort Myers, Publix, supermarket Gift Card Display. Jeff Greenberg | Universal Images Group | Getty Images Did you receive a gift card from someone over the holidays? Well, it’s time to go shopping. That sounds like the right move. Many people, however, let the dollars on their plastic go to waste: Each year, up
Close-up Of Person Hand Filling Social Security Benefits Form Getty You are turning 65. But— like 40 percent of other 65-year-olds— you have not yet claimed your Social Security benefits. For many older adults, that choice makes good financial sense. Except for one problem: You may find yourself getting hit with big penalties for failing
Share to facebook Share to twitter Share to linkedin Trump also suggested that a phase two deal might not be reached until after the 2020 election. Drew Angerer/Getty Images Topline: After announcing last month that a phase one trade agreement with China would be signed on January 15, Trump said in an interview on Thursday
Photo: Getty When we’re our own boss, it’s easy for us to create habits that aren’t beneficial to our business or personal lives. Without someone to tell us what we’re doing wrong, we have to self-reflect and make conscious decisions to break any bad habits so we can be the best versions of ourselves. I
CNBC’s Jim Cramer advised investors be careful about their stock picks as Wall Street sets new highs. The “Mad Money” host predicted that Tyson Foods has a lot to gain from a phase one trade deal between the U.S. and China. Later in the show he suggested Bed Bath & Beyond as a buying opportunity,
Employees assist customers at the checkout counter of a J.C. Penney store. Michael Nagle | Bloomberg | Getty Images The announcement follows one from rival Macy’s a day earlier, in which Macy’s said its holiday same-store sales dropped 0.6%. The decline wasn’t as bad as many had feared, sending Macy’s shares higher on the news.
European stocks are set to open higher on Friday as world markets rally on the back of easing tensions in the Middle East. Britain’s FTSE 100 is seen climbing 31 points to 7,626, Germany’s DAX jumping 30 points to 13,519 and France’s CAC rising 19 points to 6,054, according to IG index data. Global market
Consumers and corporate chieftains are heading in the opposite direction, with one group still brimming with good thoughts about the future and the other sure that tougher times are coming. Recent surveys exemplify a trend that began a few years ago and has accelerated over the past several months. The gap between sentiment is broad
Peter Cade | Getty Images It’s the challenge many retirees face: How to turn lifetime savings into a steady income stream and not run out of money. To solve that dilemma, some financial experts suggest annuities, financial products that provide regular payments in return for one upfront lump sum. But the problem is that many
In this Oct. 26, 2011 photo, police officers, teachers, caregivers and other rank-and-file public … [+] servants join Illinois AFL-CIO members to protest the state’s pension situation at the Illinois Capitol in Springfield, Ill. The Illinois Supreme Court on Thursday, March 24, 2016, struck down a state law designed to narrow multibillion-dollar deficits in two
Share to facebook Share to twitter Share to linkedin Bitcoin currency sign in digital cyberspace. Technology Network and Internet marketing, Money … [+] Exchange background concept Getty After 5 years of the issuance of Notice 2014-21, in October 2019, IRS issued 43 Q&As further explaining the items covered on the original notice. Without any big
Photo: Getty If there’s one thing home sellers, buyers and real estate agents can agree on, it’s that home showings are a pain. In response, a few startups are experimenting with the “Uber of home tours,” apps that allow you to “hail an agent” like a ride to see a listing instantly. The first available
Amazon.com Inc. parking signage stands outside a Kohl’s Corp. department store in Huntington Beach, California, U.S., on Saturday, May 11, 2019. Kyle Grillot | Bloomberg | Getty Images Kohl’s tie-up with Amazon was supposed to be a boon to the department store chain, which is teetering between sales gains and declines. But any benefits from
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