Payment card fraud losses reached $28.65 billion worldwide in 2019, according to the most recent Nilson Report data. The United States alone is responsible for more than a third of the total global loss, making it the most card fraud-prone country in the world. Julie Conroy, a research director for Aite Group’s fraud and anti-money
Month: January 2021
Couple at kitchen table with calculator and financial statements. Koldunov Are you thinking of retiring soon? If you are, it’s crucial to plan for this next phase. It may be tempting to say, “I’am sick of working for ‘the man.’ ” But before taking a big step, be sure you’re heading toward something you desire,
Capitol Building in Washington, DC getty Estate planning attorneys were inundated at the end of 2020 with year-end gifting. Many people felt that with Biden in the White House and the possibility of Democrats controlling both houses of Congress, the Trump-era tax reforms would be rolled back. In particular, the concern was that Democrats would
A soaring grand room with a limestone fireplace, sugar pine ceiling trusses and hand-carved … [+] staircases. Slifer Smith & Frampton Real Estate Aspen is famous for skiing, its music festival and an unparalleled collection of luxurious housing. First among equals is the Peak House, the highest home in an area called Red Mountain. It
Pedestrians wearing protective masks carry shopping bags in San Francisco, California, on Wednesday, Dec. 23, 2020. David Paul Morris | Bloomberg | Getty Images As millions of Americans wait their turn to receive the Covid-19 vaccine, many say they won’t be rushing back to retailers’ stores to shop for clothes and shoes after the immunization,
The Boeing 737 Max airplane prepares to land after a test flight in Seattle, Washington, Sept. 30, 2020. Mike Siegel | The Seattle Times | Bloomberg via Getty Images Boeing reported fourth-quarter and 2020 results before the opening bell Wednesday, as it details the damage of the extended grounding of its 737 Max and the
Street performers in Minnie Mouse costumes pass in front of an AMC movie theater at night in the Times Square neighborhood of New York, Oct. 15, 2020. Amir Hamja | Bloomberg | Getty Images Shares of embattled movie theater giant AMC Entertainment more than tripled during premarket trading on Wednesday amid a flurry of trading
Any successful CEO will tell you that the people you hire can make or break your company. So what are the top traits hiring managers need to look for, and how do they spot them in a candidate? According to Elon Musk, it’s not about what school you went to or your level of education.
JPMorgan Chase & Co. signage is illuminated at night at a bank branch in Chicago, Illinois, U.S., on Tuesday, July 10, 2017. JPMorgan Chase & Co. is scheduled to release earnings figures on July 13. Photographer: Christopher Dilts/Bloomberg via Getty Images JPMorgan Chase is taking a page from the digital disruptors. The biggest U.S. bank
Thomas Barwick Women were already less prepared for retirement than men. Then the pandemic hit. The gender gap in retirement savings has long been an issue even among those with adequate investment accounts, and the coronavirus pandemic has made the disparity even worse, according to a survey released Monday from the Nationwide Retirement Institute. Nearly
getty If you have already “won” the game of financial life, stop playing and start planning Is the investment population at-large getting greedy? No, because that implies that they are in the process of becoming greedy. Greed and the stock market in 2021 are past-tense. In other words, it’s already greedy on a scale that
NEW YORK, Jan. 8, 2021 — A delivery worker rolls packages across Wall Street in New York, United … [+] States, Jan. 8, 2021. U.S. employers slashed 140,000 jobs in December, (Photo by Michael Nagle/Xinhua via Getty) (Xinhua/Michael Nagle via Getty Images) Xinhua News Agency/Getty Images As we wrestle with creating better jobs for poor
Joseph is CEO of TenantCloud, a cloud-based property management solution that helps landlords maximize revenue from rental properties. getty If you are a tenant or a landlord who has been struggling with rent, news that the President signed the latest stimulus package – known as the Consolidated Appropriations Act of 2021 – was probably a huge
A worker collects shopping carts at a Walmart store on May 19, 2020 in Chicago, Illinois. Walmart reported a 74% increase in U.S. online sales for the quarter that ended April 30, and a 10% increase in same store sales for the same period as the effects of the coronavirus helped to boost sales. Scott
Microsoft stock rose as much as 6% in extended trading on Tuesday after the company reported fiscal second-quarter earnings Azure cloud revenue growth and quarterly revenue guidance that exceeded analysts’ expectations. Here’s how the company did: Earnings: $2.03 per share, adjusted, vs. $1.64 per share as expected by analysts, according to Refinitiv. Revenue: $43.08 billion,
A logo of Ant Group is pictured at the headquarters of the company, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. Aly Song | Reuters GUANGZHOU, China — Ant Group’s initial public offering (IPO) could resume if the company resolves its issues, China’s central bank governor hinted on Tuesday. The Ant
Billionaire investor Mark Cuban has been bullish on the future of artificial intelligence for years, and he makes it a priority to learn about and invest in AI. In fact, Cuban asks himself “How good is the company at AI?” before investing, he tweeted on Saturday. “It’s the foundation of how I invest in stocks these days. The companies
Traders work on the floor of the NYSE. NYSE Short sellers on the ropes — or are they? Short sellers clearly have picked the wrong names in January. The GameStop phenomenon — where buyers deliberately target heavily shorted stocks — is only the most recent development in a long series of failures from short sellers. But
Frederic J. Brown | AFP | Getty Images What a long year of Covid it’s been. Twelve months after the first case was confirmed in the U.S. in January 2020, American life and family finances continue to look different than they did pre-pandemic. While wealthier households — mostly college-educated and White — have largely rebounded
Getty getty Democrats took control in Washington and began laying out their agenda for the next four years. Many media outlets across the country may shift their economic outlook as a result. The press organizations that were negative on the markets, foreign policy, defense, and healthcare, over the last four years may now turn positive
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