People exit the New York Stock Exchange building along Wall Street in New York City. Stephanie Keith | Getty Images Check out the companies making headlines after the bell: VEREIT shares tanked nearly 12% before settling 2.3% under its closing price after the real estate investment company announced it will offer 71 million shares of
CNBC’s Jim Cramer on Monday told investors to beware the hyped-up IPOs these days like WeWork and Uber with overly ambitious mission statements that don’t accurately reflect their actual businesses. “How about Peloton? Do we want shares of Peloton? See, here’s what I think happens [with unicorns]. First we think Uber is a platform, then
If you’re on Medicare, you’re probably already familiar with Part D, the prescription drug benefit plan. But you may not know exactly how the optional program — which has been available to seniors since 2006 — has affected drug prices. Stigur Karlsson | E+ | Getty Images Today, a majority of individuals who are covered
null Getty Are you ready for Medicare’s Open Enrollment? It’s coming soon, running from October 15 through December 7. If you’re age 65 or older and are eligible for Medicare, you have a golden opportunity to choose wisely regarding your coverage or correct any previous mistakes you might have made regarding your Medicare elections. You
I’ll confess; I don’t understand single-issue voters. Don’t get me wrong, I appreciate how important the right to choose or the 2nd Amendment or a crocodile-infested moat along the southern border may be to some people, but I’d like to think that before anyone steps into a balloting box, they’d have selected a candidate based on
A combination of local amenities and the potential for price appreciation drew agents to their current homes. Getty Real estate agents can help buyers determine the best neighborhoods to invest in and help close the deal on your dream home, but they also come with valuable knowledge about local amenities and hotspots. We asked agents
An interview with billionaire and CEO of Berkshire Hathaway, Warren Buffett. In this interview, Warren discusses how he picks stocks and thinks about investments, including how the wider economy plays into his strategy. Warren also talks about how his current investments are performing, the state of the global economy and political issues. ????Books about Warren
Andy and Wacha at home. Purina Life at home for Bravo’s Andy Cohen is far less dramatic than it is for any Real Housewife. But that doesn’t mean it’s boring. In February 2019, his son Benjamin Allen Cohen was born via surrogate. The first time father was already a fur-parent to Wacha, a now senior
A photo from SpaceX CEO Elon Musk of the company “adding the rear moving fins” to the first Starship rocket in Boca Chica, Texas. @elonmusk SpaceX is deep into development of its Starship rocket, with recent updates from CEO Elon Musk showing the first of the company’s vehicles coming together at its facility in Texas.
Stocks have been grinding sideways, but once they breakout, the move to the upside could be powerful, technical analysts say. The S&P 500 has been edging closer to 3,028, its high from July 26, but it has backed off a number of times, creating a jagged seesaw pattern on August’s chart. On Monday, the S&P
Sen. Elizabeth Warren’s proposed wealth tax may create a new incentive for rich couples to divorce to avoid the tax. In a recent analysis of the Democratic presidential candidate’s signature tax, Harvard economist N. Gregory Mankiw said that because of the nature and structure of the tax, ultra-wealthy couples could split their fortunes in half through
The Netflix logo is seen on a mobile phone. Jaap Arriens | NurPhoto | Getty Images What a difference the past two months made for Netflix. It was just early July when the streaming video giant’s stock was flirting with new record highs. Now after an unexpected loss of subscribers and increased competition in the
Oliver Furrer | Cultura | Getty Images You don’t have to be a hedge fund guru to discuss alternative investments with your clients, yet it doesn’t hurt to get educated. It’s no secret that portfolio diversification protects investors from the whims of the stock market, blunting the volatility you get in equities by including an
Jose Luis Pelaez Inc | DigitalVision | Getty Images Yes, you can max out your 401(k) plan at work, go on vacation and enjoy your Netflix, too. Close to half of the so-called “super-savers” polled by Principal Financial Group said they not only saved aggressively their retirement plan at work, but they also still maintained
Senator Elizabeth Warren, a Democrat from Massachusetts and 2020 presidential candidate, waves at the Des Moines Register Soapbox during the Iowa State Fair in Des Moines, Iowa, U.S., on Saturday, Aug. 10, 2019. The 2020 Democratic field is gathering © 2019 Bloomberg Finance LP It may seem as if Elizabeth Warren, like Bernie Sanders, has
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column addresses how Social Security spousal benefit rates are calculated, when Social Security checks come in the mail, when to file for widow’s benefits, online applications and documenting the application process.
The U.S. and China must work closely to reach a trade deal as their bilateral dispute has a global impact, said China’s former vice finance minister on Monday. “We hope that China and U.S. can reach an agreement with mutual respect, mutual benefit with equal treatment for each other,” said Zhu Guangyao told CNBC’s “Squawk
Chesnot | Getty Images Intercontinental Exchange, the owner of the New York Stock Exchange, launched its bitcoin futures contracts late Sunday, in a move aimed at enticing investors who have hesitated about trading the cryptocurrency. The first trade in the new contracts was executed on ICE’s futures exchange at 8:02 p.m. ET at a price
Energy stocks are en fuego again after a drone strike on a Saudi oil facility. We’re going to (as usual) skip the geopolitical talk and discuss oil dividends that will benefit from this disruption. While “buy and hope” investors ponder basic ways to play the spike, you and I know that about half of energy
Don’t wait until late in the year to take actions in your IRA or 401(k). You might be too late. It can take a while to analyze your choices and determine the best action to take, especially for actions with a lot of variables such as converting part of a traditional IRA to a Roth