Taylor Swift attends the 2018 American Music Awards at Microsoft Theater on October 9, 2018 in Los Angeles, California. Axelle/Bauer-Griffin | FilmMagic | Getty Images Carlyle Group co-CEO Kewsong Lee is optimistic about the private equity firm’s investment in superstar Taylor Swift. “I’ve got every confidence in the world that it’s going to turn out
PeskyMonkey | iStock | Getty Images The bull market in U.S. stocks rolls on. From the trade war between the U.S. and China and the slowdown in global economic growth, to Britain’s messy exit from the European Union and the potential impeachment of President Trump, nothing has dampened the enthusiasm for stocks. The American economy
Space Needle and Mount Baker, Seattle. engelhardt.zenfolio.com | Moment Open | Getty Images The kids are all right in Washington state. At least that’s what Wealthfront, an investment management firm that provides robo-advisor services, found when it analyzed 201,486 of its clients across the country over the course of the year. Millennial investors — that
©Ðндрей ЯланÑкий – stock.adobe.com The fixed income portion of your portfolio needs a hard reboot Interest rates have fallen recently. And by recently, I mean for the last 40 years! There are many ways I can show you what that looks like, to help you see what I see and why it is so important
Getty The Forbes 100 Top Charities for 2019 collectively received more than $51.5 billion in private donations in their most recent fiscal years. That’s up an impressive 4.9% from the year earlier and accounts for 12% of the estimated $427.7 billion received in contributions by all of the country’s one million-plus charities according to Giving
Share to facebook Share to twitter Share to linkedin LONDON, ENGLAND – DECEMBER 02: (L to R) Cate Blanchett, Giorgio Armani, winner of the Outstanding … [+] Achievement Award, and Julia Roberts pose backstage stage during The Fashion Awards 2019 held at Royal Albert Hall on December 2, 2019 in London, England. (Photo by David
General Motors unveiled redesigned versions of the Chevrolet Suburban (pictured) and Chevrolet Tahoe on Dec. 10, 2019 in Detroit. Michael Wayland / CNBC DETROIT – General Motors unveiled new versions of its highly-profitable Chevrolet full-size SUVs Tuesday night that are larger, more tech-advanced and offer a wider range of choices for customers. Profits from the
Pedestrians pass a GameStop store in New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell: Shares of GameStop tanked more than 20% during extended trading after the video game retailer reported a large third-quarter earnings miss. GameStop posted a loss of 49 cents per share excluding certain items on
Champion golfer Jack Nicklaus known as ‘The Golden Bear’ wearing his Rolex Day-Date ref. 1803. SOURCE: Jim Mandeville Nicklaus Companies Golf legend Jack Nicklaus’s gold Rolex sold at auction Tuesday evening for $1 million. The Golden Bear’s Rolex, which he wore for over 50 years and during 12 of his majors, sold Tuesday night at
Veteran trader Art Cashin told CNBC on Tuesday that investors are wary of positive U.S.-China trade reports after having been let down in the past. “This market has had its heart broken time and time again,” said Cashin, director of UBS floor operations at the New York Stock Exchange. Stocks have reacted wildly to reports
Alistair Berg | DigitalVision | Getty Images It’s officially crunch time for older savers who must take mandated withdrawals from their retirement accounts. Individuals who turned 70½ this year — and those who are older — are responsible for taking required minimum distributions from their individual retirement accounts and from each of their 401(k) plans.
By Mark Miller, Next Avenue Contributor Getty If you’ve ever experienced a long wait to get help from the Social Security Administration, the agency has some good news for you: the pace is about to pick up a bit. Repeated cuts to the agency’s administrative budget over the past decade by Congress have forced the
The news that PG&E agreed to a $13.5 billion fire settlement with lawyers for victims means that plaintiffs are a step closer to getting compensated. But there are conditions, including approval from the Bankruptcy Court. Even assuming that court approval comes, there are big mechanics to work out too. Most big settlements of this nature
Downtown Salt Lake City is increasingly becoming a hub for young, tech-savvy workers. Getty Part Two of a two-part series on Utah takes a look at Salt Lake City’s booming economy and key drivers in the economic expansion. Salt Lake City is flourishing in innovation and growth, nurturing an entrepreneurial environment and economic development. The
U.S. Attorney General William Barr, December 10, 2019. Mark Wilson | Getty Images Washington D.C. — Attorney General William Barr on Tuesday took to the podium at a national gathering of attorneys general in Washington D.C. to attack one of the few bipartisan targets in Washington D.C: big technology. The speech took place at the
Federal Reserve Chairman Jerome Powell holds a news conference following a closed two-day Federal Open Market Committee meeting in Washington, September 18, 2019. Sarah Silbiger | Reuters The Federal Reserve is likely to indicate it’s not in a hurry to do anything to change its neutral stand on interest rates, following its meeting Wednesday. But
Howard Marks, Co-Chairman, Oaktree Capital David A. Grogan | CNBC Investors should take some risk off the table in 2020 given some of the challenges the market faces, billionaire investor Howard Marks said on Tuesday. “The economic expansion and the bull market are old,” Marks told CNBC’s Wilfred Frost. “Valuations are above average. There’s a
New York, New York E+ | Getty Images There are three weeks left in the year, and House Democrats are taking a last shot at ending the $10,000 limit on state and local tax deductions. Rep. Thomas Suozzi, D-N.Y, along with Reps. Bill Pascrell, D-N.J., and Mike Thompson, D-Calif., proposed the “Restoring Tax Fairness for
Dad Giving His Son Advice About Retirement Getty What Can Be Better Than An Inheritance? A Personal Matching Program Getting an inheritance can be a good thing – or a bad thing. While Millennials may wish their inheritance will someday pay for their retirement, that may or may not happen. According to a 2018 Charles Schwab Study,
Getty When it comes to tax and accounting services in the United States, many corporate clients are asking the question: Am I with the right firm? After all, last year was the first tax season under the Trump Administration tax overhaul – the Tax Cuts and Jobs Act. That brought pitfalls and opportunities. And now