CEO of Cisco Chuck Robbins speaks during the VivaTech (Viva Technology) trade fair in Paris on May 24, 2018. Gerard Julien | AFP | Getty Images Cisco shares moved as much as 9% higher in extended trading on Thursday after the company reported fiscal first-quarter earnings and an upbeat forecast that exceeded analysts’ expectations. Here’s
Month: November 2020
In my 23 years as on-air stocks correspondent for CNBC, I’ve been asked many questions by strangers, but most of them boil down to some variant of “What do you think is going to happen to the markets?” Remarkably, almost no one (OK, maybe one in a hundred) ever ask what I would consider
Seniors MoMo Productions | DigitalVision | Getty Images It’s a common end-of-year refrain: Don’t forget to take your required minimum distribution. But, just as with everything else in 2020, rules for RMDs, as they are generally known, are different this year. Seniors don’t have to take them. The CARES Act passed by Congress in March
By Penny Pennington, Next Avenue getty Editor’s Note: This article is the sixth in a weekly joint series on COVID-19 and the Future of Aging from the Milken Institute Center for the Future of Aging and Next Avenue. The articles are Q and As with thought leaders in fields ranging from health care to retirement
This full outdoor suite includes dry storage drawers, a built-in grill with access doors, built-in … [+] refrigerator drawers, a beer dispenser as well as a beverage chiller and preparation compartment. Photo courtesy of DCS by Fisher & Paykel With so many people quarantining at home, outdoor space has become increasingly important – not only
Director of the National Economic Council Larry Kudlow speaks to reporters outside the West Wing of … [+] the White House on September 2, 2020, in Washington, DC. (Photo by Olivier DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images) AFP via Getty Images The recipe is simple. When the economy is struggling, you
Grocery shoppers are trading canned goods and bags of dried beans for specialty chocolate and gourmet pasta sauce as coronavirus cases rise across the country, new research shows. In the early months of the pandemic, in the spring, Americans filled up their grocery carts with bulk purchases of food and household staples, and grocers raced
Traders work the floor of the New York Stock Exchange. NYSE U.S. stock futures rose on Thursday night as Wall Street continues to grapple with the rising number of coronavirus cases and its potential economic impact. Earlier on Thursday, the Dow dropped more than 300 points during the regular session, notching its second straight daily
Tech billionaire Mark Cuban has been an outspoken voice throughout the 2020 election process, from endorsing President-elect Joe Biden while criticizing President Donald Trump’s Covid-19 response to saying that certain aspects of “both sides scare me.” Despite making clear his preference of Biden over Trump before this month’s presidential election, Cuban now also says he
A Disney cast member welcomes guests to Magic Kingdom Park at Walt Disney World Resort on July 11, 2020. (Photo by Matt Stroshane/Walt Disney World Resort via Getty Images) Disney is set to report earnings for its fourth quarter of 2020 after the bell on Thursday. Here are the key numbers: Loss per share: 71 cents
Caterpillar Inc. excavators are displayed for sale at the Whayne Supply Co. dealership in Louisville, Kentucky, U.S., on Monday, Jan. 27, 2020. Luke Sharrett | Bloomberg | Getty Images This week, investors shifted money away from high-flying tech stocks, and into beaten-down groups like energy, industrials and real estate. These sectors, which are more sensitive
President-elect Joe Biden delivers remarks in Wilmington, Delaware, on Nov. 9, 2020. Angela Weiss | AFP | Getty Images President-elect Joe Biden ran on a platform that included proposals to shore up Social Security benefits while extending the program’s solvency. How his administration and the next Congress take shape will help determine just how many
When preparing your retirement budget, don’t blindly rely on estimates in a retirement income … [+] statement. Do your homework! getty In the coming months, you might receive a statement from your 401(k) plan that estimates the amount of retirement income your account might generate. While the information provided in these statements can help you
One of the National Association of Realtors “30 Under 30” real estate agents, serving the Del Mar and San Diego luxury residential market. getty Low inventory and record low interest rates signal a hot seller’s market. However, uncertainty about how the ongoing pandemic and future tax legislation might impact the economy has created a lot
Economic Security Planning, Inc. Today’s column addresses questions about when it would be best for a lower earning spouse to file for their own retirement benefits, what benefits can be available for a parent and a dependent disabled child and when survivor benefits might not be payable, at least not yet. Larry Kotlikoff is a
U.S. President Donald Trump looks over at reporters and photographers as the president departs Walter Reed National Military Medical Center after a fourth day of treatment for the coronavirus disease (COVID-19) to return to the White House in Washington from the hospital in Bethesda, Maryland, U.S., October 5, 2020. Jonathan Ernst | Reuters When President
It may be quite a while before an effective coronavirus vaccine is globally distributed, but forward-looking global equity markets are already partying like it’s here. The total value of stock markets around the world reached an all-time high of $95 trillion through Wednesday, bouncing all the way back from its March bottom in the depth
“I’m going to spend less this month.” We’ve all said these words at some point in our lives. But changing your bad money habits isn’t easy. Most of our impulsive spending happens when our brain is on autopilot. The solution is to implement both short-term and long-term strategies which upend our reactive spending routine. From
CNBC’s Jim Cramer said Thursday he believes some on Wall Street have become too optimistic about the market in the face of surging coronavirus cases and hospitalizations, suggesting investors will find better entry points into stocks. “I think there’s too many people who are positive. I think you let it come in a little,” Cramer
Andersen Ross | Blend Images | Getty Images Making smart tax decisions can have a big impact on the amount of money someone has in retirement. Investing and withdrawing retirement funds in a tax-efficient way is among the top ways financial advisors can boost returns for clients, according to an analysis published by researchers at
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