President Donald Trump and French President Emmanuel Macron talk during the NATO meeting in London … [+] on December 3, 2019. (Photo by LUDOVIC MARIN/POOL/AFP via Getty Images) POOL/AFP via Getty Images Not for the first time, President Trump has me confused about his tax policy. The signature legislation of his presidency was the 2017
View of the Lake Eola Fountain with Orlando’s Skyline in the background. Getty Tight inventory and flat prices headline realtor.com’s 2020 housing forecast. “I think the biggest surprise from the forecast is how long the market is staying in this low inventory environment, especially as Millennials are in a major home-buying phase,” observes Danielle Hale,
Nectar mattresses Source: Nectar When our company, Resident, first reached out to Cardi’s, a top New England furniture and mattress retailer, we made them an offer that caused them to hesitate. We asked if they wanted to carry our Nectar brand, which offers mattresses that are priced lower than the others they sell and at
T-Mobile CEO John Legere (L) and Sprint Executive Chairman Marcelo Claure (R) arrive to testify at the Senate Judiciary Committee’s Subcommittee on Antitrust, Competition Policy and Consumer Rights hearing on the proposed merger of T-Mobile and Sprint in the Dirksen Senate Office Building on Capitol Hill in Washington, DC, on June 27, 2018. Mandel Ngan
CNBC’s Jim Cramer said Friday no matter your view on President Donald Trump there’s no denying we’re living in the best labor market in more than a generation. “You can’t contradict that these are the best numbers of our lives. You can’t,” said Cramer, 64, following the government report showing the U.S. economy created a
Allison Shelley | Getty Images News | Getty Images When it comes to Social Security, the question on most people’s lips is: “Will it still be there for me when I retire?” The answer is generally yes. But the system will pay less in benefits if nothing is done to repair it. In April, the
By Thomas Cole, Author, ‘Old Man Country’ Getty (We’re always interested in new research and insights about growing older in America and the new book by Thomas Cole, Old Man Country: My Search for Meaning Among the Elders, has them in spades. Cole traversed the country interviewing men in their 80s and 90s — some
Getty In 2015 and again in 2018, I wrote about the Social Security Administration (SSA) defrauding, whether intentionally or not, large numbers of widows and widowers (henceforth widows) out of tens to hundreds of thousands of dollars. The fraud was brought to my attention by a Social Security whistle blower — John McAdams. John works
GM CEO and Chairman Mary Barra and LG Chem Vice Chairman and CEO Hak-Cheol Shin at the automaker’s battery lab in Warren, Mich., where the companies announced a new $2.6-billion joint venture on Dec. 5, 2019. GM DETROIT – General Motors’ $2.3 billion joint venture with LG Chem for production of battery cells for electric
(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) The idea that we are late in the economic and financial-market cycle is one that even most Wall Street bulls won’t dispute. After all, when the economic expansion surpasses a decade to
A pedestrian walks past a stock indicator displaying numbers of the Tokyo Stock Exchange and the world’s major markets in Tokyo. Kazuhiro Nogi | AFP | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) U.S. equities have been
College is a significant investment that comes with the hope of a better, richer life. It doesn’t always work out that way. Some experts say the value of a bachelor’s degree is fading. Starting salaries for new college graduates have grown less than 1% over the past two years, remaining at around $50,000. Worse yet:
Patients wait at the dispensary window for medications at the Esperanza Health Center in … [+] Philadelphia, PA. (DOMINICK REUTER/AFP via Getty Images) AFP via Getty Images Timed to show that they are not just about impeaching President Trump, House Democrats released a far-reaching plan to redesign the Medicare drug benefit. But the measure, which
The days of traditional pensions are coming to an end as companies continue turning to 401(k)s for employee retirement plans. Some members of today’s workforce, mostly Generation X and older, were lucky to be enrolled in blue-chip pension plans before they were no longer offered. However, new pension access has plummeted to 4% of the
A scientist works in a lab at Biogen in Cambridge, MA on Nov. 5, 2016. Suzanne Kreiter | Boston Globe | Getty Images Biogen pleased shareholders this week after it presented more data on its late-stage Alzheimer’s drug, aducanumab. Shares of the biotech firm closed up 3.41% on Thursday as analysts pointed to a lack of
U.S. President Donald Trump, with Speaker Nancy Pelosi and Vice President Mike Pence looking on, delivers the State of the Union address in the chamber of the U.S. House of Representatives at the U.S. Capitol Building on February 5, 2019 in Washington, DC. Doug Mills | Getty Images Citi is boosting its stock forecast for
(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) Astronomical auction prices may have defined the art market in recent years, but new research shows that over the long-term the value of art has steadily climbed, delivering returns relatively in-line with
Hero Images | Getty Images Add to your end-of-year to-do list: check your health flexible spending account. These accounts help you save money on some health-care costs, because you pay for them with pretax dollars, yet not everyone uses them. According to the Bureau of Labor Statistics, 39% of workers in 2015 had access to
Man with a metal detector on a sea sandy beach Getty Let’s dive straight into a trap I’ve seen many investors make in the past. And falling into this pitfall again today could cost you a 7.7% dividend in 2020, and considerable upside, too. It involves China’s stock market, which gives all indications of being
Getty Public and private organizations often implement labor-intensive policies and procedures to govern interactions between related parties. These compliance requirements frequently sacrifice administrability in favor of precision. Let’s say that the finance director of a U.S.-based multinational’s foreign distributor needs to lower the transfer prices on its intercompany inventory imports. The local currency has declined