On Thursday night’s Democratic debate stage, at least one candidate might mention the idea of supplying you with free cash simply for being a U.S. citizen. So what gives? The concept of universal basic income — generally a set amount of money that all people receive monthly, no strings attached — is not a new
Opening a new business takes planning, time, money and passion. PeopleImages | E+ | Getty Images If you’re your own boss, chances are you aren’t doing enough to save for retirement. Just over 1 in 10 of self-employed individuals in a single-person business is currently participating in a workplace retirement plan, according to data from
A power of attorney can be a powerful document. Yet, it is often overlooked in estate planning. People tend to focus their energies on their wills and trusts, naming someone to serve as their power of attorney at the last minute. This is an important decision and not one that should be taken lightly. Here
If a person suffers damages, the person retains an attorney to pursue a remedy. But, what happens when there is no individual who has suffered damages but it is the public in general that is harmed? That is, a public interest issue. It is a state’s attorney general (or a district attorney) who prosecutes public
Home agents are using a calculator to calculate the loan period each month for the customer. Getty When you’re applying for a mortgage, your interest rate can have a huge effect on your monthly payment. With home loans, there are two different ways that your interest rate can be calculated. You can either get a
An interview with billionaire president and COO of Blackstone, Jonathan Gray. In this interview, Jonathan discusses the future of Blackstone and the new investment strategies it is implementing. Jonathan also talks about scaling and the economy. Like if you enjoyed Subscribe for more:http://bit.ly/InvestorsArchive Follow us on twitter:http://bit.ly/TwitterIA Other great Private Equity investor videos:⬇ Steve Schwarzman
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on August 19, 2019 in New York City. Drew Angerer | Getty Images Some market moving events unfolded between the close of U.S. stock markets on Wednesday and the open on Thursday. With both the Dow
Oracle said Mark Hurd, one of the software vendor’s two CEOs, is taking a leave of absence for health reasons, nine years after joining the company from Hewlett-Packard. The stock dropped in extended trading after the announcement. Larry Ellison, Oracle’s founder and chief technology officer, will handle Hurd’s responsibilities along with Safra Catz, the other
Once again President Trump berated the Federal Reserve via Twitter on Wednesday, this time calling for the central bank to immediately cut interest rates to zero. The president said this would offset the effects of the monetary stimulus being pursued by other central banks and allow the federal government to refinance its outstanding debt at
T. Boone Pickens, BP Capital Management Scott Mlyn | CNBC Magnates and friends of prominent wildcatter T. Boone Pickens remembered him fondly in comments to CNBC following his passing. Pickens died Wednesday of natural causes at age 91. Billionaire investor Warren Buffett told CNBC’s Becky Quick on Thursday that “they grow big personalities in Texas,
When it comes to the forecast for your Social Security benefits in 2020, there’s good news and bad news. Your Social Security checks are poised to grow next year; however, the annual increase likely won’t be as much as you got in 2019. That’s according to The Senior Citizens League, which on Thursday released its
Democratic presidential hopefuls (fromL) US Senator from New Jersey Cory Booker, US Senator from California Kamala Harris and former Vice President Joe Biden applaud ahead of the second round of the second Democratic primary debate of the 2020 presidential campaign season hosted by CNN at the Fox Theatre in Detroit, Michigan on July 31, 2019.
Source: Stock.Adobe.com How to avoid the danger of relying on “annual returns” to evaluate your portfolio Like other sports fans, I am drawn to how a player is doing during the current season. After all, sports is very much about being in the moment, and in this season. The old Brooklyn Dodgers cry of “wait
Getty As part of the Tax Cuts and Jobs Act (TCJA), Congress capped the amount of state and local taxes (SALT) that taxpayers can deduct on their federal returns. Taxpayers who were impacted complained that they were unfairly targeted, and some scrambled to find ways to protect the deduction (including filing lawsuits to protect workarounds).
With low unemployment rates and a great job market, many industries are facing a talent shortage on some level. This is the reality for the property management industry today, and it’s not merely a result of the job market. There’s another factor making the shortage felt harder in property management: their talent is retiring, fast.
Last week, Jim Cramer held his annual fantasy stock draft, and the “Mad Money” host now is helping investors scan the market “waiver wire” to find some bargains. “That’s some authentic fantasy football gibberish that means trying to pick up some bargains, players not signed by other teams that have turned out to be interesting
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on August 15, 2019 in New York City. Drew Angerer | Getty Images Consumer inflation and the outcome of the European Central Bank’s rates meeting could both be market movers Thursday, ahead of the Fed’s meeting
Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said on Wednesday that Federal Reserve Chairman Jerome Powell should be cutting interest rates further, but should not go to negative rates as President Donald Trump suggested. “Negative rates, no. You don’t want negative rates. That’s just a sign that we’re not a robust economy,” said
hept27 | iStock | Getty Images More and more college graduates are regretful. A recent survey by Fidelity found 40% of graduates would now make different decisions about their education if they could. Half of college grads polled by Gallup wish they’d studied something else or attended another institution. Graduates’ regrets are mostly financial, Fidelity’s
Are you responsible for keeping the wheels rolling on your company’s 401(k) plan? It’s probably not your main job, and that’s the problem. Supersize firms can afford to hire dedicated staff to manage and administer their 401(k) plan. You can’t. And if it’s your own firm, you may not want to. You may prefer keeping