Allianz Global Investors’ Mona Mahajan sees four “hybrid” plays designed to produced profits whether the market moves higher or lower – without taking on too much risk. “It’s important for investors looking for diversification away from both sides of this barbell of growth and value,” the firm’s U.S. investment strategist told CNBC’s “Trading Nation” on Monday.
Democratic presidential nominee and former US Vice President Joe Biden introduces his vice presidential running mate, US Senator Kamala Harris, during their first press conference together in Wilmington, Delaware, on August 12, 2020. Olivier Douliery | AFP | Getty Images Though former vice president Joe Biden has proposed raising taxes on the wealthiest households, accountants
Rob Frohwein, CEO of Kabbage Adam Jeffery | CNBC As small businesses continue to feel the pressure from Covid-19-related restrictions, American Express announced Monday that it has agreed to acquire small business lender Kabbage, ranked No. 24 on this year’s CNBC Disruptor 50 list. Kabbage, headquartered in Atlanta, is a data and technology company providing
getty Lawyers and many other professionals know that the bar exam is one of the most difficult and unpleasant experiences in professional and academic life. It normally takes at least 12 weeks of 60 to 70 hours per week of intense preparation and “cramming” of a great deal of largely irrelevant material, with the failure
getty The Fed is printing vast sums of money to lend to borrowers who may not be able to repay. This may lead to very high inflation, which would wipe out the real values of retirees’ fixed nominal pension or annuity payments. Taking out a larger mortgage can hedge this risk since inflation will water
Home recently sold, how to capture low interest rates getty Mortgage rate have been volatile this year due to COVID-19. Although mortgage rates rose today for the first time in 3 weeks, they still are considered low. Here’s how they moved this week. The 30-year fixed-rate mortgage averaged 3.13% APR, an increase of nine basis
Peter Rawlinson joined Lucid Motors in 2013 as chief technology officer, a role he has maintained since being named CEO of the company in April 2019. Lucid DETROIT – It’s been nearly a decade since Peter Rawlinson took the stage at the 2011 Detroit auto show to reveal the Tesla Model S sedan. There was
U.S. President Donald Trump talks to reporters as he leaves the White House for a trip to Minnesota and Wisconsin August 17. Chip Somodevilla/Getty Images) A $300-a-week federal boost to unemployment benefits may end shortly after it starts. In some states, recipients may only get three weeks’ worth of payments — if they get it at
Barrick Gold mining ullstein bild | Getty Images Barrick Gold‘s stock is popping more than 7% in premarket trading Monday after legendary investor Warren Buffett’s Berkshire Hathaway revealed a stake in the gold miner’s stock. Buffett’s Berkshire Hathaway added a $562 million position in Barrick Gold in the second quarter, SEC filings showed on Friday.
Audrey Saracco / EyeEm Capitol Hill lawmakers have been deadlocked on a new stimulus package. But another issue — sweeping changes to the U.S. Postal Service — now has both parties clashing again. The crux of the argument: whether changes that would improve the balance sheet of the country’s mail service would deny Americans’ their
Reality Check Ahead sign on desert road getty There’s a lot of talk about “fake news” these days and the same could apply to retirement planning. I often hear quite a few recurring myths that could be hurting people’s ability to plan properly for their retirement. Here are ten of the most common ones I come
Most people these days are still reeling from the pandemic. The IRS and state governments are feeling the revenue pain too. California proposed to increase it’s already stratospheric top 13.3% tax rate, raising it to 16.8%. Not shocked yet? The newest tax some golden state legislators want to collect is a .4% wealth tax. The
The relationship between landlord and tenant varies from person to person. In some cases, the relationships may form effortlessly, while in other cases, the two sides just can’t seem to find common ground and eventually have to move on. It takes considerable effort from both parties to create and maintain a good relationship. For the
getty Still missing your $500 per child stimulus check? You’re not the only one. In response to complaints that check recipients are still missing out, the Internal Revenue Service (IRS) is reopening the registration period for some folks who didn’t receive those $500 per child payments earlier this year. In March of this year, the CARES Act was signed
In early July, Shannon Mayer started to feel a sudden tightness in her chest. “The next day it was really hard to breathe,” the 31-year-old Chicago resident told CNBC. “I got scared.” Mayer has asthma, but says she hadn’t had an issue with it for years. So she decided to get a test for Covid-19. The
Traders work during the closing bell at the New York Stock Exchange (NYSE) on March 17, 2020 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images U.S. stock futures rose on Sunday night after Wall Street logged in its third consecutive weekly gain, but fell short of breaking the all-time
getty Let’s review some of the assertions being made about Trump and the Post Office recently, shall we? “Trump admits blocking Postal Service funding to undercut vote by mail.” Atlanta Journal-Constitution, as reprinted from the Los Angeles Times, August 13, 2020. “President Donald Trump said Thursday that he would block a funding boost for the
This Missouri home has more than two standard bedrooms. It is adjacent to a nine-cell jail. Justin Radel Do you want to buy a house with a jail attached? Or view a home with a highly unusual ceiling? Or maybe you can appreciate the legendary Bigfoot making an appearance in your potential abode? Social media
Office vacancies are on the rise and hit nearly 16% this summer. In downtown Chicago, its 13.7%, … [+] while while the rate in the suburbs has topped 24%. (Photo by Scott Olson/Getty Images) Getty Images Cities and counties are predicting a drop in their property tax revenues over the next year, a phenomenon that’s
Pilots talk after exiting a Delta Airlines flight at the Ronald Reagan National Airport on July 22, 2020 in Arlington, Virginia. Michael A. McCoy | Getty Images Just as the U.S. labor market shows signs of recovery, tens of thousands of airline workers are preparing themselves for economic pain from the coronavirus pandemic to come