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
Month: December 2019
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
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
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 WeWork office in San Francisco Kate Munsch | Reuters WeWork’s dramatic fall has led to SoftBank CEO Masa Son’s questioning his own judgement, but one analyst still believes the bank will come out on top eventually with the massive investment in the reeling space-sharing company. “Despite the huge embarrassment WeWork has been for SoftBank this
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
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
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
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
(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
“Pay me next year” requests are common with employers, suppliers, vendors, customers, and more. This time of year, many people ask for payment in January. You probably assume you can’t be taxed until you receive money. Actually, though, if you have a legal right to payment but decide not to receive it, the IRS can still tax you now, even
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.) Wall Street veteran Karen Firestone knows all too well that stock picking isn’t as easy as it used to be, but her decades of experience is serving her well. Firestone runs a
World Wrestling Entertainment Inc. Chairman Vince McMahon (L) and wrestler Triple H appear in the ring during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 Ethan Miller | Getty Images Entertainment | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter.
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