Jay L. Clendenin | Los Angeles Times | Getty Images The S&P 500 hit an all-time high on Monday but investors are already wondering who’s going to lead the next leg of the bull market. The index topped the 3,027.98 level, thanks to Apple, UnitedHealth and J.P. Morgan, the largest point contributors to the new
Month: October 2019
Google CEO Sundar Pichai speaks during signing ceremony committing Google to help expand information technology education at El Centro College in Dallas, Texas, October 3, 2019. Brandon Wade | Reuters Alphabet will pick up where it left off after July’s stellar second quarter earnings report if Wall Street analysts are to be believed. The company
Not contributing to a 401(k) was voted as the worst financial mistake made by Americans. Getty If you can’t remember making a financial mistake then it might be time to get your memory checked. While no one is immune to making inopportune financial decisions, some missteps are a lot more costly than others. Some mistakes
Overbuilt Getty What happens when rich people in blue states discover the moving van? Trump is wreaking havoc in the ritzy suburbs of New York City. His tax cut raised taxes for high-income people in high-tax areas like Connecticut and New York because it all but eliminated the deduction for state and local taxes. Just
“Gazumping is estimated to be the reason why 25% of property transactions have fallen through in … [+] 2018 – a figure that rises to a shocking 66% in the capital.” 123rf.com Purchasing a new home is not only one of the most expensive transactions any individual will make in their lifetime, it is also
U.S. Trade Representative Robert Lighthizer (C) gestures as he chats with Chinese Vice Premier Liu He (R) as U.S. Treasury Secretary Steven Mnuchin (L) looks on after posing for a “family photo” at the Xijiao Conference Centre in Shanghai on July 31, 2019. Ng Han Guan | AFP | Getty Images The U.S. and China
HSBC tower at Canary Wharf financial district in London, England Mike Kemp | In Pictures | Getty Images Europe’s largest lender HSBC reported third-quarter pre-tax profits that fell from a year ago, despite strength in its Asia operations. The bank said its reported profit before tax plunged 18% on-year to $4.8 billion in the three
Think people want government out of their lives? Here’s a counterexample: Most Americans want the government to force them to save and to force employers to provide a retirement plan. The polling behind this view is so clear that I don’t know why more politicians aren’t talking about it. Part of the growing mountain of
According to the Bureau of Prison Inmate Locator, Edward Brown, age 77, has a release date of 7/26/2045 and Elaine Brown, age 78, has a release date of 11/8/2042. Clearly, the sentences that they received in 2009 were virtually life sentences. They had been prosecuted as the result of a months long armed stand off
This 10-bedroom home in Southampton, New York, is listed for $39.5 million with Douglas Elliman. Douglas Elliman Real Estate Home prices in the Hamptons, the summer playground of Wall Street titans and Hollywood celebrities, are on the rise again after almost two years of declines. The median price of a home on the eastern tip
NEW YORK CITY – SpaceX President and COO Gwynne Shotwell outlined plans for its two development programs at a recent investor conference, giving her forecast for when the company will fly people on its next-generation rocket and begin offering internet from its satellite network. The company has raised more than $1.3 billion this year to
The Gmail email application is seen on a portable device in this photo illustration on December 6, 2017. (Photo by Jaap Arriens/NurPhoto via Getty Images) NurPhoto | NurPhoto | Getty Images Here are the most important things to know about Monday before you hit the door. 1. Busiest week of earnings season Monday marks the
Ark Investment Management founder and CEO Catherine Wood told CNBC that Thursday’s surge in Tesla stock is just the beginning of an eventual rise to $4,000 per share and possibly beyond. “Some of the shorts are covering” as Tesla shares see their best single-session gain in six years, said Wood, whose firm owns a considerable
Getty Images ‘Tis the season to spend a lot of money. Between buying gifts, booking travel and attending holiday parties, there are plenty of ways to splurge in the months ahead, regardless of whether Americans can afford it. The National Retail Federation said it expects holiday retail sales to rise between 3.8% and 4.2% over
By Mark Ray, Next Avenue Contributor Getty As pastoral counselor Jane Myers’ husband, Steve, lay dying in a Louisville hospital in late 2016, his boss at the University of Louisville pulled her aside. ‘I’m so sorry to have to ask you this, but it’s exam time and we don’t know where the exams are,” he
Have you heard the saying, the rich get richer? It’s more than just a saying. One of the reasons they do is because they have access to programs not available to the average person. 401(k) news headline in center of torn dollar bill Getty One of them is the “$100 million 401(k) plan” that’s popular
Most Plant Prefab projects ship 90% complete – they include interior finishes (millwork, paint, … [+] tile, fixtures, cabinetry, appliances) and exterior finishes and siding. This Santa Monica, Calif., home was designed by architect Ray Kappe. Todd Baker Buildings as a category use more energy than both transportation and manufacturing. We won’t be able to
The 2019 Rolls-Royce Dawn Black Badge Mack Hogan | CNBC In 1908, Ford was just getting started in Detroit. Henry Ford’s namesake brand was about to change the game forever, creating a mass-production system that would mobilize more people than ever before and fundamentally alter the American landscape. Halfway across the world in Manchester, England, Rolls-Royce
Bob Iger, CEO, The Walt Disney Company Scott Mlyn | CNBC It might seem like media companies are finally embracing the future as nearly every major programmer is launching a streaming service. But examining the streaming products of AT&T‘s WarnerMedia, Disney and Comcast‘s NBCUniversal in isolation, a different concept reveals itself. The giants of media
Amazon founder and CEO Jeff Bezos laughs as he talks to the media while touring the new Amazon Spheres during the grand opening at Amazon’s Seattle headquarters in Seattle, Washington, January 29, 2018. Lindsey Wasson | Reuters A disappointing third quarter earnings report is not enough to deter Wall Street analysts from Amazon. The company
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