Month: July 2020

Bryn Mawr’s Jeff Mills sees few options for investors looking for big second half gains. Due to the country’s coronavirus surge, he predicts economic setbacks will start to meaningfully impact some of the summer’s most profitable market groups. “We’re past the point where every single data point is going to be ahead of expectations,” the
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Economic Security Planning, Inc. Today’s column addresses questions about spousal benefits, returning to work after disability benefits, retirement benefits before survivor benefits and decreasing what counts as substantial covered earnings due to the coronavirus shutdowns. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc,
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Tesla just reported its second-quarter results. Shares rose more than 4% after hours as the company beat expectations and reported its fourth straight quarter of profits.  Here’s how Elon Musk’s electric car and renewable energy business did versus analysts’ expectations, according to estimates compiled by Refinitiv. Earnings: $2.18 (ex-items) vs. 3 cents per share, expected. Revenue: $6.04
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Envelope from the U.S. Internal Revenue Service with “Important Message” notice and Urgent in red. … [+] Clipping path included. getty Last month (June 24, 2020), I wrote about the IRS plan to send out millions of misdated notices that would indicate to taxpayers that they needed to do something before a date that had
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A Surgutneftegas worker near pumpjacks in Surgut Region of the Khanty-Mansi Autonomous Area – Yugra, in the West Siberian petroleum basin. Alexei Andronov | TASS via Getty Images Oil and gas majors are likely to report “horrendous” second-quarter results over the next two weeks, energy analysts have told CNBC, with the three-month period through to
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