Pro Football Hall of Famer Terrell Davis on Wednesday told CNBC that he uses a hemp extract to cope with pain from his playing days and that the remedy could be used to help other athletes “feel normal again.” The two-time Super Bowl champion and former Denver Broncos running back said on “The Exchange” that
null Getty Last week, I promoted, in contrast to Elizabeth Warren’s Social Security plan, a basic retirement income. That’s not a pipe dream. In various other developed countries, it’s a perfectly normal way to provide Social Security benefits. So let’s take some examples from the world of state retirement systems outside the United States, drawing
Calvin Johnson’s recent paper A Wealth Tax is Constitutional, 38 ABA Tax Times No. 4 is timely as my senator, Elizabeth Warren’s proposal for a wealth tax of 2% on fortunes over $50 million and 3% on fortunes over $1 billion is attracting a lot of attention. I don’t know what the source of those percentages is although
Dandelion Energy CEO Kathy Hunnan Dandelion Energy Heating and cooling a home can have a big affect on the environment. The average American house, after all, emits 6,400 pounds of carbon monoxide per year using natural gas, and 4,700 from an electric system. To combat this problem, the New York-based company Dandelion Energy uses geothermal
An interview and Q&A with billionaire activist investor and founder of Elliott Management Corporation, Paul Singer, and billionaire Private Equity titian and co-founder of The Carlyle Group, David Rubenstein. In this interview, the gentlemen discuss their thoughts on the US economy and the impact of monetary policy on inequality. They also talk about the path
Source: VENN Gaming is getting its own network. The Video Game Entertainment and New Network, or VENN, has raised $17 million in seed round funding to launch a network that will focus on gaming and esports entertainment. VENN will launch in 2020 with two live studios, one in New York and one in Los Angeles.
The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of Dish Networks. Karen Finerman was a seller of S&P 500 ETF puts. Dan Nathan was a buyer of Lyft. Guy Adami was a buyer of Delta Airlines. Disclosure Trader disclosure: Pete is long calls ALLY, ASHR, ATUS, BMY,
An employee wears an orange Home Depot Inc. apron at a store in New York. Mark Kauzlarich | Bloomberg | Getty Images Home Depot‘s massive investment plan is preventing margin expansion, according to Guggenheim. The firm downgraded the home improvement retailer’s stock to neutral and removed its $230 price target. “We find it difficult to
sarahwolfephotography | Moment | Getty Images For many women, financial security is one of the biggest considerations that factor in when deciding whether to stay in an unhappy marriage or divorce. As a result, a significantly large number of women stay in marriages that are unhealthy and even border on dysfunctional. Various studies show that
Personal finance website WalletHub has ranked 182 U.S. cities for their “fun” factor, weighing entertainment, recreation and nightlife options against local costs. Fun is no joke when it comes to household budgets. According to the Bureau of Labor Statistics, the average American spent $3,226 on entertainment in 2018, a 0.07% rise over 2017. From 2016
Dennis Jarvis, Spyder Surf CEO and his MAGA surfboard Karen James | CNBC HERMOSA BEACH, Calif. — Inside Dennis Jarvis’ small workshop, the noise is almost deafening as he buffs and smooths the hard styrofoam before him on a recent afternoon. He’s a surfboard maker — or shaper, as they are called in the industry
Credit: Getty Royalty Free Getty During your working career but especially at retirement, you might be offered a deal where you must decide whether to take a lump sum or a series of payments stretched over time. Which is better? For answers, we turn to senior financial planners with the Planning Center—Matthew Sivertsen in Moline,
Dear Social Security Commissioner Saul, I write to relay two Social Security horror stories with the hope that you can help these people and take steps to prevent similar cases. The first involves Christopher Carriero, who lives in Georgia (302 Victoria’s Circle St. Mary’s, Ga. 31558). He’s receiving Social Security disability benefits. He has three
Iranian politicians and officials have reacted with anger to news that a number of Iranian-owned properties in Canada have been sold and the proceeds given to victims of Gaza-based Hamas and Lebanon’s Hezbollah — both of which are supported by Iran but are designated as terrorist entities by the Canadian government. A document filed in
An interview with billionaire and CEO of Berkshire Hathaway, Warren Buffett. In this interview, Warren discusses his strategy for investing in the stock market and the difference to those who speculate. Warren also talks about his life philosophy of not having material goods in excess and the importance of working with others you like. ????Books
Children pose for pictures with Santa Claus at a shopping mall in Torrance, California. Patrick Fallon | Bloomberg | Getty Images Retailers could be in for a jolly jump in sales this holiday season, despite headwinds like the U.S.-China trade war and the threat of another economic slowdown. Holiday retail sales for 2019 are forecast
The Abercrombie & Fitch store at South Park mall in Charlotte, North Carolina. Chris Keane | Reuters Abercrombie & Fitch cut its full-year sales forecast on Thursday after missing Wall Street estimates in the second quarter, as the apparel maker grapples with the impact of increased U.S. tariffs on Chinese goods. Shares of the New
Michael Wirth, CEO of Chevron. Adam Jeffery | CNBC The attack against Saudi Arabia’s oil facilities is a wake-up call to dangers in the oil market, according to Chevron CEO Michael Wirth. “Perhaps the market had grown a little bit comfortable with risks that we never became comfortable with,” Wirth told CNBC’s “Closing Bell” Monday. “These
Federal prosecutors on Monday accused three J.P. Morgan precious metals traders, including the global head of base and precious metals trading, of participating in a racketeering conspiracy in connection with a multiyear scheme to manipulate the markets and defraud customers. The alleged scheme saw the nation’s largest bank by assets profit handsomely, while investors suffered
Ted Jenkin (left), CEO of oXYGen Financial, with children Lyla, Louden and Olivia and wife Genna Jenkin. Ted Jenkin It’s official: Apparently, you can go home again. A recent TD Ameritrade survey found that 50% of “young millennials” plan to move back home with their parents after college. The survey polled 1,027 members of Generation