An exterior view of the U.S. Securities and Exchange Commission (SEC) headquarters in Washington. Jonathan Ernst | Reuters What would a Democrat-controlled Securities and Exchange Commission look like? It’s early, but speculation is already raging on Wall Street. Who will be the next SEC Commissioner? Former CFTC chair Gary Gensler, who aggressively implemented Dodd Frank
Self-made billionaire Mark Cuban is committed to life-long learning and often says it is key to his success. In fact, Cuban has said time and money spent on learning is “the best investment” he has ever made. And now, “we’ve got to teach our kids how to learn, because that’s the ultimate skill going forward,”
I knew the day was coming, even if an effective vaccine would be announced shortly (which it was), my most “normal” activity, playing tennis, was, again, going to succumb to Covid-19 protocols. The virus has been surging in my state, with daily cases up over tenfold compared to where they were in June. Finally, the decree
Jamie Grill | Blend Images | Getty Images Retirement savers appear to be taking advantage of relaxed rules around 401(k) withdrawals during the coronavirus pandemic. The typical 401(k) investor pulled $12,000 from their account in the form of a “coronavirus-related distribution,” according to a new Vanguard analysis of its client data. This figure represents the
By Richard Eisenberg, Next Avenue Tim Russert’s 2000 election prediction MSNBC Florida is essentially tied with Maine for the highest percentage of residents age 65 and older — roughly 21%, vs. 16% for the U.S. population. And about one in 10 people in The Sunshine State are 75 or older, the highest percentage in the
Camp Reboot in Palemo, Maine is 1,100 feet and designed by GO Logic. Copyright 2017 Josh Gerritsen Media I have been in awe of the houses designed by GO Logic fo several years and have included their homes in several of my books. They have been innovators in designing and building prefabricated houses as well
Martin Barraud | OJO Images | Getty Images When introducing clients to the idea of sustainable, or socially responsible, investing, financial advisors’ questions often spark a revelation. “Our first question to any potential client is about values,” said certified financial planner Mitchell Kraus, co-founder of Capital Intelligence Associates in Santa Monica, California. “What do you
getty In March, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which was intended to provide relief for taxpayers, including those stimulus checks. The law also offered some provisions intended to help businesses, including the much talked about Paycheck Protection Program, or PPP. The program is precisely what it sounds like: billions
Medical staff members check on a patient at the COVID-19 Intensive Care Unit (ICU) of United Memorial Medical Center in Houston, Texas, U.S., on Sunday, Nov. 8, 2020. Go Nakamura | Bloomberg | Getty Images There’s been an “unprecedented spike” in Covid-19 hospital admissions in Ohio. ICU beds in Tulsa, Oklahoma, are full. North Dakota’s
The logos of Amazon, Apple, Facebook and Google. Reuters Check out the companies making headlines in midday trading. Lyft — Shares of the ride hailing company rose more than 3% after executives said Lyft expects to become EBITDA profitable by the fourth quarter of 2021 even if there’s a slower than hoped-for recovery. The company
Bernard Arnault, billionaire and chief executive officer of LVMH Moet Hennessy Louis Vuitton SE, arrives to speak as the luxury brand announces full year earnings in Paris, France, on Tuesday, Jan. 28, 2020. Christophe Morin | Bloomberg | Getty Images Luxury king Bernard Arnault has retaken the title of world’s second richest person, with a
Zoom CEO Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Shares of Zoom Video fell sharply on Monday morning as names benefitting from people staying at home due to the coronavirus pandemic lost their appeal following the release of positive coronavirus vaccine
AJ_Watt | E+ | Getty Images Forget volatility. The thing that keeps certified financial planner Neil Waxman on edge is clients’ cybersecurity practices and the threat of identity fraud. “It’s not the markets that keep me up at night,” said Waxman, managing director of Capital Advisors in Shaker Heights, Ohio. “This is the thing that
getty Imagine that you’re a blue-collar worker who starts out with an apprenticeship directly out of high school and works until your full retirement age of 67 — for a working lifetime of 49 years. If you had a pension in the private sector, say, 1.5% of pay per year, you’d get a pension benefit
An artist’s rendition of Lilium’s planned vertiport in Orlando’s Lake Nona, which it envisions as a … [+] hub for a statewide air taxi network. Courtesy of Lilium The German electric aircraft developer Lilium is partnering with the real estate developer Tavistock to build a hub in Orlando for an inter-city transportation network in the
We are now eight months into the COVID-19 pandemic, and more taxpayers than ever will be facing tax bills that just can’t be paid. Someone who had a great 2019, made a lot of money, and expected to pay the tax due in April of 2020 may have lost it all when the markets crashed.
Ocean Spray’s cranberries are now being used for more than juice and the jellied cranberry sauce to accompany Thanksgiving turkey. The company, under the leadership of CEO Tom Hayes, is now pushing into wellness and functional beverages as it broadens its innovation. “Any brand marketer will know that having the huge benefit of a the
U.S. equity futures rose slightly in overnight trading on Tuesday, amid this week’s rotation out of technology stocks into cyclical names. Dow futures rose 80 points. S&P 500 futures and Nasdaq 100 futures rose 0.2% and 0.14%, respectively. On Tuesday, the Dow Jones Industrial Average climbed 262 points. Fueling the rally is the hopes of
Despite rising Covid-19 infections throughout the United States, Europe and beyond, people are preparing to travel in late 2020. According to a survey by travel booking app Hopper, 39% of Americans are expected to travel during the upcoming holiday season. By that estimate, nearly 130 million people will be hitting the road in the United
A pedestrian holding an umbrella walks past a Charles Schwab office in New York. Scott Eells | Bloomberg | Getty Images Stocks are surging on Monday but some customers of online brokers Charles Schwab, TD Ameritrade, Vanguard and others could be missing out on the record market highs. E-brokers are experiencing technical issues with their