Jamie Dimon, CEO of JP Morgan Chase, speaking at the 2019 WEF in Davos, Switzerland on Jan. 23rd, 2019. Adam Galica | CNBC J.P. Morgan Chase is scheduled to report fourth-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings: $2.35 a share, a 19% increase from a year earlier, according to
A worker pushes Amazon.com Inc. packages in front of a FedEx Corp. delivery truck in New York. Christopher Lee | Bloomberg | Getty Images Growth in last-mile deliveries over the next decade could contribute to slower commutes and greater carbon emissions in the world’s major cities, according to research published Friday by the World Economic
The Internal Revenue Service headquarters in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Every budget cycle, members of Congress solemnly promise to better fund the Internal Revenue Service so it can do its job of collecting taxes and serving the taxpayer. And once again, Congress has done the opposite. According to an analysis
A Citibank branch in Hong Kong. Vincent Isore | IP3 | Getty Images Citigroup is slated to report its calendar fourth-quarter results on Tuesday as investors brace for a highly anticipated earnings season. Here’s what analysts are expecting to see from the banking giant’s results: Earnings: $1.84 per share, according to Refinitiv Revenue: $17.889 billion
Democratic presidential candidate Sen. Elizabeth Warren (D-MA) speaks to guests during a campaign stop at Fisher Elementary School on January 12, 2020 in Marshalltown, Iowa. Scott Olson | Getty Images Presidential contender Sen. Elizabeth Warren said on Tuesday that she would begin to forgive student loan debt on the first day of her administration, using
Getty Today we’re going to talk about the biggest threat to your portfolio (and dividends!) you face in 2020. It’s not a recession. It’s a near-irresistible human impulse—purposely amped up by the financial press—that could lock in big losses for you, or cause you to miss out on a huge gain, like the 486%+ some
Comfortable retirement: Still out of reach for most. (Photo by Andrew Lichtenstein/Corbis via Getty … [+] Images) Corbis via Getty Images Congress ended 2019 by producing a budget of sorts. That fact, in itself, constitutes a rare accomplishment for this country’s dissipated and ever-distracted representative bodies. Such documents, as always, offer much to praise or
Sekisui House, Ltd., president Yoshihiro Nakai at CES 2020, unveiling new smart home health … [+] technology. TAK S ITOMI Japanese developer Sekisui House doubled down last week at CES on its imminent roll-out of a game-changing—life-altering—smart home health technology. Sekisui House’s foray offers a sensor-centric early-detection and split-second ambulance response solution that triggers at
For the first time in decades, Boeing’s commercial airplane business lost orders over the course of an entire year, a stark example of just how much the 737 Max crisis has hurt the company. For all of 2019, Boeing lost orders for 87 commercial airplanes, meaning it had more cancellations than new purchases, the company
A Delta Air Lines Boeing 767-300 landing in Amsterdam. Nicolas Economou | NurPhoto | Getty Images Delta Air Lines‘ fourth quarter profits topped Wall Street’s expectations, as lower fuel prices and strong travel — particularly for high-priced premium tickets — demanded lifted the Atlanta-based carrier’s results. Before the market opened on Tuesday, Delta reported per-share
Getty Images Wells Fargo is scheduled to report fourth-quarter earnings before the market open Tuesday. Here’s what Wall Street expects, according to Refinitiv consensus estimates: Earnings: $1.12 per share, down 7.2% year over year Revenue: $20.14 billion, down 4% year over year The results, which reflect the bank’s performance for the three months ended Dec.
Lionel Messi and Ousmane Dembele of FC Barcelona during a match against Sevilla on February 23, 2019 Eric Verhoeven | Soccrates | Getty Images Spanish soccer giant FC Barcelona generated a record revenue of $959.3 million between 2018 and 2019, making it the sport’s biggest cash-generating club for the first time ever, according to a
Jamie Dimon, CEO of JP Morgan Chase, speaking at the 2019 WEF in Davos, Switzerland on Jan. 23rd, 2019. Adam Galica | CNBC For years, Jamie Dimon had a running joke: Ask him when he was going to step down from J.P. Morgan Chase, and the answer was always five years in the future, no
Sutthipong Kongtrakool Investors looking to impact society in a positive way, and hopefully turn a profit in the process, shoveled money into so-called sustainable funds in record amounts last year. Mutual funds and exchange-traded funds with a focus on sustainability raked in $20.6 billion of total new assets in 2019, according to Morningstar. Last year’s
Esther Meyers, right, shows a photograph of her then–teenage mother Rachel Kane to her to jog her … [+] memory as her twin sister Sarah Schultz looks on.(Photo by Brian VanderBrug/Los Angeles Times via Getty Images) Los Angeles Times via Getty Images Family members and friends are the bedrock of our system of personal care
Economic Security Planning, Inc. Today’s column addresses questions about limits a family could receive, whether working longer can increase benefit amounts, whether delaying till 70 is still worth it, whether filing at 62 might be better and filing for survivor benefits while still working. Larry Kotlikoff is a Professor of Economics at Boston University and
Share to facebook Share to twitter Share to linkedin Guests can stay in the Be More Active suite at 25 Broad St. for $20.20 a night through a promotion … [+] by travel site Booking.com Booking.com In a quirky promotion to ring in 2020, hotel reservation site Booking.com has transformed 20 units at 25 Broad
Shipping containers sit stacked at Qingdao Port after snow on February 14, 2019 in Qingdao, Shandong Province of China. Visual China Group | Getty Images China’s exports and imports both rose in 2019, Reuters reported citing data from the General Administration of Customs released on Tuesday. In yuan terms, 2019 exports rose 5% from a year ago while
The Marriner S. Eccles Federal Reserve Board Building in Washington, D.C. Jabin Botsford | The Washington Post | Getty Images Swiss wealth giant UBS has predicted that the U.S. Federal Reserve could lower interest rates three times in 2020 — a forecast that differs widely from many other projections calling for no change or just one
Prince Harry, Duke of Sussex and Meghan, Duchess of Sussex gesture during their visit to Canada House in thanks for the warm Canadian hospitality and support they received during their recent stay in Canada, on January 7, 2020 in London, England. (Photo by DANIEL LEAL-OLIVAS – WPA Pool/Getty Images) WPA Pool Harry and Meghan, the