Ken Fisher Crystal Mercedes | CNBC Fidelity has terminated a $500 million relationship with Fisher Investments, bringing the total yanked from the money manager to almost $1.8 billion. Officials at the giant Boston-based asset manager confirmed it would end its relationship with Fisher on Monday, in light of inappropriate comments founder Ken Fisher made at
Getty Images | Hero Images A side hustle can be a good way to make some extra cash, stretch your entrepreneurial wings and perhaps eventually become a full-time business owner. It can be anything from blogging to being an Uber driver or a handyman. A side hustle is usually in addition to another “main” job.
Getty Is the double taxation of dual residents fair? The U.S. Supreme Court recently declined to consider two cases brought by Connecticut taxpayers who sold their businesses and had to pay taxes on the sale gains in both Connecticut and New York. That leaves in place a double-taxation scheme that tax experts thought the Supreme
Share to facebook Share to twitter Share to linkedin The Supreme Court could take the case up during its current term. (Photo by Win McNamee) Getty Images Topline: President Donald Trump’s legal team and the Manhattan district attorney trying to get his tax returns came to an agreement Monday that could send the case up
Share to facebook Share to twitter Share to linkedin The WeWork saga could finally be over. Getty Images Topline: After months of uncertainty surrounding WeWork’s meteoric rise and fall, the company will now fall to an $8 billion valuation after it accepted a bailout offer from its largest shareholder, Japanese investing conglomerate SoftBank, CNBC first
Nearly two decades ago, fashion industry professionals Monica Zwirner and Lucy Wallace Eustice decided to launch their own company to fill a hole they detected in the bag market — the need for accessories that are every bit as functional as they are stylish. As co-founders ofMZ Wallace, they did just that. Since launching in
Various Halliburton equipment being stored at the equipment yard in Alvarado, Texas. Cooper Neill | Reuters Halliburton reported a 32% slump in quarterly profit on Monday, hit by weak demand for its services and equipment from oil and gas producers in North America, its biggest market. Revenue from North America fell 21% in the third
Traders work at the Coty booth on the floor of the New York Stock Exchange. Jin Lee | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Coty — Coty shares surged 13.5% after the beauty-products maker announced the potential sale of the company’s professional and Brazil units. CEO Pierre Laubies said
Kzenon | Getty Images If Amazon CEO Jeff Bezos were to unexpectedly die today, Washington state could expect an estate tax windfall of nearly $12 billion, raising its total annual revenue by more than 50% for a single year. That’s according to a new study on the costs and benefits of an estate tax to
Brendan McDermid | Reuters The Dow Jones Industrial Average is only about 2% from a record high, but confidence is hard to come by when wealthy investors are asked about the future direction for the market. The percentage of the affluent investors who expect a stock market decline to be booked in the fourth quarter
Hero Images | Hero Images | Getty Images For financial advisors, the transfer of wealth from baby boomers to their children over the next two decades is a bit like climate change: The consequences may eventually be huge, but it’s easy to ignore the issue in the short-term. The youngest boomers are now 55 years
Each October, the U.S. celebrates National Women in Small Business Month. According to the National Association of Women Business Owners, more than 11.6 million women-owned businesses are making a positive impact on the American small business landscape. Data shows that since 2007, the number of women-owned firms has grown at five times the national average,
As a REIT analyst, it’s part of my job to screen for the highest-quality REITs and the widest margin of safety. That’s no easy task, because these days most of the highest quality names are trading at expensive valuation levels. Take Realty Income (O) for example, the dominant net lease REIT that has an A-rated
You may not be laughing when you hear how small the Social Security Cost of Living Adjustment is for … [+] 2020. MAY 18: Jane Fonda and Lily Tomlin attend the Netflix FYSEE “Grace and Frankie” ATAS Official Red Carpet and Panel at Raleigh Studios on May 18, 2019 in Los Angeles, California. (Photo by
Young beautiful asian woman using smart phone and credit card for shopping online in coffee shop … [+] cafe, vintage tone color Getty Not everyone has perfect credit. While having a lower credit score does make it a little trickier to buy a home, there are options available to help you become a homeowner. To
A Chinese flag is placed on merchandise in the NBA flagship retail store on October 9, 2019 in Beijing, China. Kevin Frayer | Getty Images NBA Commissioner Adam Silver will face “retribution sooner or later” for lying about the Chinese government, state broadcaster CCTV said in a commentary published late Friday. The broadcaster said Silver
Workers install a Nike logo lamp outside the Wukesong Arena in Beijing, August 28, 2019. Tingshu Wang | Reuters BEIJING — At least on paper, the Chinese government is trying to show how serious it is about improving the local business environment for foreign companies. Joerg Wuttke, president of the European Union Chamber of Commerce
Share to facebook Share to twitter Share to linkedin There are only two certainties in life – death and taxes Stephen Chen There’s never enough time to do all the nothing you want. Bill Watterson, Calvin and Hobbes Happy Halloween Did you know that only 20% of people are worried about dying vs. 58% of
A large red percentage sign sits on a roller coaster symbolizing the ups and downs of interest rate … [+] directions. Getty When you see interest rates advertised on the world wide web or in newspaper ads, on open house flyers, in bank lobbies and everywhere else, they are always the interest rates that are
The tail wing of an American Airlines plane pulls into its gate after arriving at the Miami International Airport. Joe Raedle | Getty Images Government investigators have received details of a 2016 internal Boeing report that reportedly shows that about one-third of employees who responded felt “potential undue pressure” from management regarding safety approvals by