Credit Suisse on Tuesday cleared Chief Executive Tidjane Thiam in an internal investigation into the botched surveillance of the bank’s former wealth management head Iqbal Khan in a probe that cost Thiam’s right-hand man his job. Chief Operating Officer Pierre-Olivier Bouee resigned after the investigation by the Homburger law firm found he alone initiated observation
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Getty Images Generation X or Gen X is nothing if not consistent. In retirement surveys and studies, they often come up as the generation most in need of help getting to retirement. Yet their do-it-yourself, independent nature doesn’t lend itself to getting the guidance that is often needed. Gen X needs some help. Initially, their retirement planning started
Democratic presidential candidate Sen. Bernie Sanders (I-VT) addresses an audience on the campus of… [+] the University of Chapel Hill during a campaign rally on September 19, 2019 in Chapel Hill, North Carolina. Sanders spoke to college students about working people’s rights, including fair wages and health care. (Photo by Sara D. Davis/Getty Images) Getty
Aerial Miami luxury waterfront homes Getty Lendingtree.com recently completed a study to see where people are moving to these days. They used IRS data from 2016 for the results. The front runner and winner by far is the sunshine state of Florida. According to the study, “people who moved to Florida brought in a combined adjusted
An interview with billionaire Sequoia venture capitalist, Michael Moritz. In this interview, Michael discusses how he went from a journalist to a venture capitalist and what characteristics he looks for in investments and entrepreneurs. Michael also talks about what he would do today if he just graduated and the future of Silicon Valley. ???? Books
Chinese President Xi Jinping Denis Balibouse | Reuters BEIJING — Chinese President Xi Jinping said Tuesday in a speech commemorating the 70th anniversary of the Chinese Communist Party’s rule that no force could sway China‘s development. “There is no force that can shake the foundation of this great nation,” Xi said in Mandarin, according to
A man fishing as a barge passes on the river of Mahakam to load coal from the mining area in Samarinda, East Kalimantan in Indonesia. Bay Ismoyo | AFP | Getty Images Coal is still a dominant fuel in the rapidly growing economies of Southeast Asia, even amid a general global move toward cleaner energy
Share to facebook Share to twitter Share to linkedin The United States Secret Service’s mission needs to evolve to include protection of Americans from… [+] the POTUS. © 2018 Bloomberg Finance LP Protection of the nation’s highest elected leaders and other government officials has long been one of the primary missions of the United States
If your employer doesn’t offer a retirement plan, a new option might change that. A federal rule now in effect allows companies to team up through certain employer groups and professional organizations to offer a shared 401(k) plan to their workers. The rule, which aims to expand the use of so-called multiple-employer plans, comes as
Judge J. Paul Oetken presides in th e U.S. Southern District of New York Daniel… [+] Patrick Moynihan Courthouse in New York, U.S.. Photographer: Mark Kauzlarich/Bloomberg © 2019 Bloomberg Finance LP A U.S. district judge today dismissed a lawsuit brought by Connecticut, Maryland, New Jersey and New York against the big tax cut signed into
Arne Jacobsen’s Egg chair in buff leather, designed in 1958. From Design & Decoration ($3,500). … [+] February 21, 1988. (Photo by Thomas/Fairfax Media via Getty Images). Fairfax Media via Getty Images While furniture trends come and go, some things remain popular for decades. The Egg chair is a great example of a style that
An interview with billionaire and founder of Nike, Phil Knight. In this interview, Phil discusses how he got the idea for Nike and building the company into the succes it is today. Phil also talks about the traits needed to be successful and how he overcame many crises throughout his career. ???? Books by Phil
China’s President Xi Jinping raises his glass and proposes a toast at the end of his speech during the welcome banquet for leaders attending the Belt and Road Forum at the Great Hall of the People in Beijing on April 26, 2019. Nicholas Asfouri | AFP | Getty Images During the Cold War, it would
Packages of Zantac, a popular medication which decreases stomach acid production and prevents heartburn, sit on a shelf at a drugstore on September 19, 2019 in New York City. Drew Angerer | Getty Images News | Getty Images Health officials said they have been investigating the carcinogen, called N-nitrosodimethylamine or NDMA, in blood pressure and
Sen. Bernie Sanders Monday proposed an “inequality tax” that would hit McDonald’s, J.P. Morgan and Walmart especially hard, according to the Sanders campaign. The presidential candidate announced Monday a proposed tax on companies with a large gap between the CEO’s pay and the median salary of its workers. “It is time to send a message
iPhone 11, iPhone 11 Pro, iPhone 11 Pro Max Todd Haselton | CNBC J.P. Morgan raised its price target on Apple’s stock Monday, expecting the company’s shares will rise 21% as sales of its new line of iPhone are “stronger than muted expectations.” “We are modestly raising our iPhone volume forecasts and expect investor sentiment
PeopleImages | E+ | Getty Images A tantalizing 20% tax break for business owners went into effect in 2018 — and more than 15 million taxpayers grabbed it. The qualified business income deduction is one of the new features of the Tax Cuts and Jobs Act. This new tax break allows owners of “pass-through” entities,
U.S. Treasury Secretary Steven Mnuchin talks to reporters about cryptocurrency in the Brady Press Briefing Room at the White House July 15, 2019 in Washington, DC. Mnuchin said the Treasury is very concerned about Facebook’s Libra cryptocurrency and that he wants the government to “make sure that the U.S. financial system is protected from fraud.”
We all want to ensure a stable financial future. Use these 7 tips to maximize your retirement … [+] investments. Getty Retirement is one of the biggest and most common goals that many people have. After all, your retirement savings determine how comfortably you’ll live and whether your money will, in fact, outlive you. Making
Democrats are focused on passing the Working Families Tax Relief Act (WFTRA), and for good reason. If passed, the WFTRA would provide about $85 billion in benefits to about 48 million households in 2019. Rather than making the false choice between supporting work with the earned income tax credit (EITC) or supporting children with the child tax credit (CTC), the