In this article NFLX (L-R) Reed Hastings and Ted Sarandos attend the “Marseille” Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France. Stephane Cardinale | Corbis | Getty Images Netflix is set to report earnings for the first quarter of 2021 after the bell on Tuesday.
Month: April 2021
Traders on the New York Stock Exchange. Source: NYSE Stock futures fell slightly in overnight trading Tuesday amid a sharp decline in Netflix shares, pointing to a third straight negative day on Wall Street. S&P 500 futures dipped 0.1% and Nasdaq 100 futures fell 0.4%. Futures on the Dow Jones Industrial Average traded near the
Value investor Bill Miller told CNBC on Tuesday that one of his firm’s funds sold its GameStop holdings during the Reddit-fueled frenzy that began earlier this year. “We had GameStop in our deep-value product, and I think our cost on it was around $4 or something,” Miller said in an interview on “The Exchange.” “When it got
Sen. Mitt Romney, R-Utah, speaks with reporters about the minimum wage at the U.S. Capitol on March 1, 2021. Jonathan Ernst | Reuters Many Americans have one big question when it comes to their retirement: Will Social Security still be there when I need it? Now, there are new signs that Congress could start to
An IRS Memorandum released on April 9, 2021 (Number: 202114020) further clarifies when cryptocurrency hard forks should be taxed. The memorandum specifically talks about bitcoin (BTC) & bitcoin cash (BCH) hard fork occurred on August 1, 2017 at 9:16 AM EDT. Pursuant to the hard fork, people who held BTC received an equivalent amount of
Here’s one Netflix release you won’t find on the streaming service: Ted Sarandos, the co-chief executive and chief content officer for the media juggernaut, and his wife, former U.S. ambassador Nicole Avant, have sold their home in Malibu for $14.73 million. The market for homes on Malibu’s most coveted beaches such as Carbon and La
Today’s column addresses questions about whether there are potential advantages to delaying spousal benefits past full retirement age (FRA), when divorced spousal benefits can be available and how spousal benefits are calculated. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets Maximize
In this article JNJ A box of Johnson & Johnson’s Janssen COVID-19 vaccine doses are pictured at Grubb’s Pharmacy on Capitol Hill on Monday, April 12, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images LONDON — The European Medicines Agency said Tuesday the Johnson & Johnson Covid-19 vaccine has possible links to
In this article JNJ A Johnson & Johnson building is shown in Irvine, California. Mike Blake | Reuters Johnson & Johnson on Tuesday reported $100 million in first-quarter sales of its Covid-19 vaccine that’s on hold in the U.S. while U.S. health regulators investigate a rare blood-clotting issue. In releasinging its first-quarter financial results, the
Take a look at some of the biggest movers in the premarket: Kansas City Southern (KSU) – Shares of the rail operator surged 18.9% in premarket trading, after Canadian National Railway (CNI) offered $325 per share in cash and stock for the company, topping a prior $275 per share offer from Canadian Pacific (CP). The
Sen. Elizabeth Warren, D-Mass., holds a news conference to announce legislation that would tax the net worth of America’s wealthiest individuals on March 1, 2021 in Washington. Chip Somodevilla | Getty Images News | Getty Images Sen. Elizabeth Warren wants one of her biggest critics to face lawmakers in a hearing next week. Warren, a
Image by Marie LaFauci | Moment | Getty Images Any possible tax changes for ultra-high-net-worth and high-net-worth investors could result in an increased tax burden. That means there’s motivation to find ways to protect that wealth. Some solutions that reduce exposure to specific anticipated Biden tax increases involve making charitable donations — a plus for the charitably
The coronavirus crisis has put college affordability into focus like never before. This year, because of the pandemic, the price of higher education is an even bigger consideration among students and parents. However, at the same time, the cost a four-year college or university has never been higher. Tuition and fees, alone, reached $10,560 for in-state students at four-year
Could the corporate blowback against GOP efforts to rewrite voting rules in Georgia and other states drive congressional Republicans to accept some of President Biden’s proposals to raise taxes on US corporations and, gulp, their shareholders and top executives? Well, probably not. But the endless stories about the growing rift between big business and many
Hemant Shah has built a three-decade career working exactly two jobs — both in an area called risk management. Shah founded RMS, a catastrophe risk modeling company for the insurance industry in 1989 while in grad school at Stanford University. From RMS, Shah learned that commercial property owners didn’t have much control over their risk
Igor Golovniov/SOPA Images | LightRocket | Getty Images Mastercard announced Tuesday a multimillion dollar investment in Fearless Fund, a venture capital firm founded by Black women with the mission of investing in minority female entrepreneurs. The credit card giant also unveiled a partnership with Greenwood, a fintech firm aimed at Black and Latinx consumers and
The Biden administration and Congress plan to spend a lot more money in 2021 and beyond. They’re also planning to raise taxes to pay for a lot of that spending and also to refashion the economy and reduce inequality. The tax increases proposed so far have been on large corporations, and bills have been proposed
In this article PM BATS-GB MO Marlboro cigarettes, a product of Philip Morris International Daniel Acker | Bloomberg | Getty Images Tobacco stocks tumbled Monday on a report that the Biden administration is considering whether to cap nicotine levels in cigarettes. The report, which cited people familiar with the matter, was published in the Wall
U.S. stock futures were flat in overnight trading on Monday as investors prepare for the next batch of corporate earnings. Dow futures rose 35 points. S&P 500 futures gained 0.04% and Nasdaq 100 futures were flat. The major averages fell on Monday, dragged down by overall weakness in the technology sector. The Dow Jones Industrial
More than a year after Covid-19 brought cruise ships to a standstill, there are clear signs that cruising could be making a comeback. The U.S. Centers for Disease Control and Prevention (CDC) signaled this month that cruises may resume by mid-summer — with restrictions — in a move cheered by operators and cruise lovers. That
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