Month: November 2019

Flextronics International Apple factory employees work on Apple Mac Pro computer assembly in Austin, TX, November 20, 2019. Tom Brenner | Reuters Economists are boosting their fourth quarter growth forecasts after the trade deficit narrowed and business investment showed a surprise pickup in October. The CNBC/Moody’s Analytic’s rapid update of economists forecasts showed a median
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Byron Wien Olivia Michael | CNBC The stock market’s rally may be far from over as low interest rates keep valuations in an attractive place, according to Wall Street legend Byron Wien. “People complain that the market is overvalued but … with these interest rates, the market is really below fair value,” Wien, vice chairman
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Economic Security Planning, Inc. Today’s column addresses questions about the best time to file, lump sum payments and benefit rates, earnings after 70, when public pensions affect benefits and calculating benefit amounts. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, a company that
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Share to facebook Share to twitter Share to linkedin The latest data points to a resilient U.S. economy. Getty Topline: Major stock market indexes hit fresh highs on Wednesday, as improved U.S. economic growth in the third quarter, solid consumer spending last month and renewed optimism on Wall Street over a trade deal with China
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The Charging Bull near Wall Street is pictured in New York. Carlo Allegri | Reuters The stock market has been hitting record high levels day after day, but that doesn’t mean corporate CEOs are bullish about next year, according to J.P. Morgan Chase regional investment banking head John Richert. Instead, CEOs are worried about delivering
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Robinhood co-founder and co-CEO Vlad Tenev speaks onstage during the TechCrunch Disrupt New York event on May 10, 2016. Noam Galai | Getty Images for TechCrunch Robinhood is no longer looking to become a federally insured bank. The stock-trading start-up announced Wednesday that it was pulling its bank charter application with the Office of the
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By Rachel Hartman, Next Avenue Contributor Getty A growing number of Americans age 65 and older are shunning traditional retirement and continuing to work, part-time or full-time. And 37% of employees say they expect to work past 70, according to a 2018 Willis Towers Watson survey. While more employees are pushing back retirement age, their
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June 2019. “Expropriate German housing”. Protesters expose a banner in front of the offices of real … [+] estate group Deutsche Wohnen. (Photo by Frank Rumpenhorst/picture alliance via Getty Images) picture alliance via Getty Images The German capital’s plan to limit soaring housing costs is scaring off investors, according to the city’s largest residential landlord.
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There’s nothing like being there in person. The Japanese sport of sumo has been around for more than 1,000 years. It was originally performed to entertain Shinto deities and then became a court entertainment before gaining popularity among the general public in the Edo era in the 17th and 18th centuries. Even in modern Japan,
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China successfully launched satellites to space last week but a shower of rocket debris after the launch crushed buildings in the Sichuan province, captured in a video shared widely on social media. Before the government launched a Long March 3B rocket from the Xichang Satellite Launch Center on Friday evening, it warned residents with a
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Sean Locke | Photographer’s Choice RF | Getty Images Instilling sound financial knowledge in children can change the course of their lives. With many families living paycheck to paycheck and debt at record-level highs, it’s more important than ever for kids to learn good financial planning habits. As the holidays quickly approach, some will consider
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