A F-35 fighter jet is seen as Turkey takes delivery of its first F-35 fighter jet with a ceremony at the Lockheed Martin in Forth Worth, Texas, United States on June 21, 2018. Atilgan Ozdil | Anadolu Agency | Getty Images Lockheed Martin raised its forecast for 2019 earnings as it reported a 9.2% rise
admin
Getty Images Shares of Travelers dropped more than 6% after the insurer reported weaker-than-expected quarterly earnings. The stock was on pace for its biggest one-day drop since Aug. 8, 2011, when it fell 7.6%. Travelers’ decline shaved off about 70 points from the Dow Jones Industrial Average, which flopped around the flatline for most of
Tech just can’t get away from politics. Sen. Elizabeth Warren, D-Mass., has a bone to pick with Facebook, mainly its standards for political ads. After Facebook refused to take down a Trump campaign ad that accused him of wrongdoing connected to his son Hunter’s work in Ukraine, Warren fired back. She posted her own Facebook
Biotech stocks surged after Biogen announced plans to revive its Alzheimer’s drug aducanumab. The iShares NASDAQ Biotechnology ETF gained more than 3% at its high on Tuesday — its best daily gain since January 7 — with Biogen powering the ETF higher. Shares of Biogen are up more than 25% and tracking for one of
The downtown Buffalo, New York, skyline along the city’s historic waterfront district on Lake Erie. DenisTangneyJr | E+ | Getty Images East Nusa Tenggara? Madhya Pradesh? The average American vacationer might not have heard of these exotic, far-flung destinations — located in Indonesia and India, respectively — but iconic budget travel guide Lonely Planet says
Paisan191 | iStock / 360 | Getty Images Several years ago Bryanne Leeming had little more than a promising business idea and a prototype for a device to teach kids how to code through recess-style play. Today her Boston-based start-up has 10 employees, and its initial product, Unruly Splats, is used by schools in 45
You’d like to learn how to invest $1,000. Is this possible? After all, don’t many financial advisors have investing minimums? What if you’re new to investing? Where do you start? Yes, there are places you can invest $1,000. And, some of them are pretty nifty, as well. But, it’s not enough to know some places
If you live in California, you probably know how aggressive California’s state tax agency can be. In fact, even if you live somewhere else, you might have heard of the Golden State’s aggressive tax rules. Buy a vacation home in California, and stay a little too long? Come into the state and do some work
Share to facebook Share to twitter Share to linkedin The payout is around 20% of WeWork’s now $8 billion valuation. Visual China Group via Getty Images Topline: With SoftBank’s takeover of WeWork nearing completion, former CEO Adam Neumann will reportedly get a $1.7 billion deal to walk away from the company and give up his
Lilium’s electric air taxi, the Lilium Jet, is seen traveling at speeds of up to 100kmh (62mph) in new footage released by the firm. Lilium German aviation start-up Lilium is showing off footage of its electric air taxi soaring through the air at speeds of up to 100 kilometers per hour (62 miles per hour).
Guests have their faces scanned at the World Artificial Intelligence Conference in Shanghai in August, 2019. Hector Retamal | AFP | Getty Images BEIJING — China struck a confident tone Tuesday in the face of new challenges from the U.S. to Chinese technological development. Amid ongoing trade tensions between the two countries, U.S. President Donald Trump’s
Getty Images The number of millionaires in the world grew to nearly 47 million over the past year, and they now own close to half of the world’s wealth, according to a new study. Despite the trade wars, slowing global growth and the volatile stock markets, the total number of millionaires in the world increased
Don Bayley | iStock / 360 | Getty Images You’ve heard that you shouldn’t cry over spilled milk. But what about money? A new study from CompareCards.com found that about 7 in 10 Americans have shed tears about their finances. Debt is the biggest source of stress, according to the survey, with 31% saying household
A woman takes a selfie with a dog Ezequiel Becerra | AFP | Getty Images A company responsible for keeping pets healthy may have just won earnings season. PetMed Express soared more than 30% on Monday after the online pet pharmacy said its quarterly profit topped Wall Street’s estimates. The company reported earnings of 33
After decades of calls to fix Social Security by reducing benefits, Social Security expansion’s time has come. The idea has certainly been on a roll. Eight years ago increasing Social Security benefits was a fringe position; four years ago only outsider candidates like Sen. Bernie Sanders advocated for it. Today, expanding Social Security is the
Economic Security Planning, Inc. Today’s column address whether to take retroactive benefits at 70, spousal benefits before retirement benefits, divorced spousal benefits with a public pension, when spousal benefits become available and filing early to allow spousal benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
“A promise to build lots of homes makes good headlines around election time.” 123rf.com With the prospect of an early General Election on the cards, the followers of the two main parties are expecting a lot of housebuilding as a consequence – at least if you buy into the promises being made. Labour Party Shadow
CNBC’s Jim Cramer breaks down how certain stocks are serving as catalysts in their respective sectors. The “Mad Money” host takes a look at chart action in the S&P 500 to get a read on where the index and market is headed. He sits down with the new CEO of StockX Scott Cutler, formerly of
Senator Elizabeth Warren (D-MA), a 2020 US Presidential hopeful, speaks during the ‘We The People’ Summit at the Warner Theatre April 1, 2019, in Washington, DC. Brendan Smialowski | AFP | Getty Images One Wall Street economist on Monday warned clients about the tax proposals touted by Democratic presidential hopefuls Elizabeth Warren and Bernie Sanders,
Former Treasury Secretary Larry Summers, one of the economic pillars of the Democratic establishment, lashed out at the idea of a wealth tax, saying it was bad economics, bad policy and built on bad data. Speaking at a Peterson Institute panel on inequality in Washington on Thursday, Summers said that the type of wealth tax