Month: June 2020

Luis Alvarez (This story is for CNBC Pro subscribers only.) Retail investors are giving Wall Street pros a run for their money during the market comeback, with the amateurs’ top picks outperforming those of hedge funds, according to Goldman Sachs.  Goldman compiled a portfolio of popular stocks among retail investors and the basket of equities
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Jamie Dimon, CEO, JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit, December 6, 2018. Janhvi Bhojwani | CNBC House Democrats on Monday wrote to the chief executives of some of the country’s largest banks demanding they disclose documents pertaining to their handling of the federal government’s small business bailout loan program.  In
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Most countries make it possible to acquire citizenship through residency. After you’ve been a full-time resident of the country for a specific number of years, you can become eligible to apply for citizenship and a passport. The specific requirements vary depending on the type of residency permit you have and how long you’ve held it,
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Russian President Vladimir Putin listens to Russian Prime Minister Mikhail Mishustin during their teleconference meeting on Russia’s economy recovery on June 2, 2020. – Russian President Vladimir Putin has connected the U.S.’ handling of the coronavirus crisis with the widespread civil unrest and anti-racism protests in the country, according to Russian media reports. Putin said
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Investors may want to hold on tight. National Securities’ Art Hogan warns the volatility burst will affect the market for weeks. He cites a laundry list of risks including the uptick of coronavirus cases paired with overbought conditions. “The fear of the unknown catches more volatility than anything,” the firm’s chief market strategist told CNBC’s
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Passengers wait to disembark the plane on their arrival at Hartsfield-Jackson Atlanta International Airport in Atlanta, on April 23, 2020. Chandan Khanna | AFP | Getty Images As the U.S. economy makes further progress in recovering from the harsh blow of the coronavirus pandemic, certain industries are showing signs of recovery. Home purchases are up
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Economic Security Planning, Inc. Today’s column addresses questions about maximum rates for retirement benefits, the WEP and substantial covered earnings after 62, restricted applications and the 1/2/1954 deadline, when spousal benefits can be available and how they’re calculated and protective filing dates. Larry Kotlikoff is a Professor of Economics at Boston University and the founder
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