An employee picks up orders from the shelves in a warehouse at the newly opened SingPost Regional eCommerce Logistics Hub in Singapore on November 1, 2016. ROSLAN RAHMAN | AFP | Getty Images Consumers are flocking online to shop as people seek to avoid crowds due to the pandemic, but getting the goods into the
Month: June 2021
In this article BRK.A Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller | CNBC Legendary investor Warren Buffett said the economic consequences of the pandemic are falling disproportionately on small businesses and the unpredictability of Covid-19 is far from over. “The economic impact has been this extremely
New travel companies are making it easier for remote workers to live and work abroad without the long-term commitment. So-called “workcations” are on the rise, with 74% of Americans who are working from home saying they would consider taking one, according to a report published in March by The Harris Poll. But rather than booking
Before Warren Buffett and Charlie Munger became known as iconic business partners, steering the Berkshire Hathaway empire, they were just two guys from Omaha, Nebraska, who, apparently, were a lot a like. They discovered that thanks to a well-known doctor in town, Dr. Edwin Davis, who told Buffett in a 1957 meeting he trusted him
Jose Luis Pelaez | Getty Images Investors who want to capitalize on emerging trends — i.e., electric vehicles or remote work — may want to check out “thematic” exchange-traded funds. These ETFs provide a way for investors to engage in so-called thematic investing, which generally means buying stocks or other investments that may benefit from
This will not be an easy request, but can we, for a moment, put aside our furor and frustration with billionaires who used Roth IRAs as their personal tax-free piggybanks? It’s hard not to get riled up about a billionaire who managed to put a couple grand into a Roth IRA and have it now
In this article DOGE.CM= Germany-based travel site GetYourGuide has debuted U.S. offerings and the ability to pay with dogecoin. GetYourGuide German travel booking site GetYourGuide marked its expansion into the U.S. market Tuesday with the announcement that it now accepts dogecoin for payment. The Berlin-based firm, which says it’s booked 45 million-plus tours in 170
When a property owner moves its business out of a building or loses a major tenant, the building may sit vacant for an extended time. Aside from enduring the pain of lost revenue and having to pay real estate taxes and other expenses to carry a building that doesn’t produce revenue, the owner also needs
Today’s column addresses questions about the timing of spousal benefits and how restricted application differ from filing and suspending, when divorced spousal benefits can be available and options when disability benefits are discontinued. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets
Teneo CEO Declan Kelly speaks onstage during Global Citizen Presents Global Goal Live: The Possible Dream at St. Ann’s Warehouse on September 26, 2019 in New York City. Noam Galai | Getty Images The CEO of leading public relations and advisory firm Teneo, who previously served as a special envoy to Northern Ireland under then-Secretary
In this article GE TXT FDX FB LEN FOXA MRNA MS Boxes containing vials of the Moderna Covid-19 vaccine are stored at the Kedren Community Health Center on January 25, 2021 in Los Angeles, California. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in midday trading. Moderna — Moderna
Mary Erdoes Adam Galica | CNBC JPMorgan Chase wants to take the sustainable-investing trend to the next level. To do that, the biggest U.S. bank by assets has agreed to buy OpenInvest, a San Francisco-based start-up backed by Andreessen Horowitz and founded by former Bridgewater Associates employees, CNBC has learned exclusively. It’s the third acquisition
In this article 9988-HK 9888-HK FISV Leon Cooperman on CNBC’s “Halftime Report.” Scott Mlyn | CNBC Billionaire investor Leon Cooperman said Tuesday that stock picking is key to superior returns going forward as the overall market has grown stagnant after a historic rebound from the pandemic hit. “In terms of my long-term outlook, to be honest
Earlier this month, the forensic investigation of the $90 billion-plus State Teachers Retirement System of Ohio commissioned by the Ohio Retired Teachers Association and performed by my firm, was completed. The damning preliminary findings have now been reported to Ohio legislators, regulators and law enforcement. The report concluded the state pension has long abandoned transparency;
Jason York | Getty Images State lawmakers around the country are increasingly tackling the retirement-savings gap head on. Maine has become the latest jurisdiction to enact a law to require most employers that don’t offer a retirement plan to automatically enroll their workers in an individual retirement account through a state-administered program. The New York
The latest news from Miami’s 391-unit Aston Martin Residences is this week’s reveal of the properties at the very top of the 66-story building. A collection of seven single-floor penthouses, plus the building’s ‘crown jewel’—a three-level condo with one of Miami’s highest condo asking prices—are all available for sale as of this week. The single-floor
RMDs are a simple concept that became complicated after Congress and the IRS were done making their rules. But those rules also create opportunities. Required minimum distributions (RMDs) from traditional IRAs and other qualified retirement plans aren’t suspended in 2021 as they were in 2020. If you have to take RMDs, you might as well
Aiden Arthurs receives the Pfizer-BioNTech Covid-19 Vaccine from Pharmacist Andrew Mac (R) at the Jewish Federation/JARC’s offices in Bloomfield Hills, Michigan, on May 13, 2021. Jeff Kowalsky | AFP | Getty Images The delta variant is the most closely-watched coronavirus mutation yet and with good reason: It’s more contagious than previous variants and there’s evidence
U.S. stock index futures were little changed during early morning trading Tuesday, after the S&P 500 and Nasdaq Composite closed at record highs on Monday. Futures contracts tied to the Dow Jones Industrial Average were 54 points higher. S&P 500 futures were flat and Nasdaq 100 futures traded in mildly negative territory. Stocks rose to
Cathie Wood’s Ark Invest is creating a bitcoin exchange-traded fund, according to a filing with the Securities and Exchange Commission. Wood — a longtime bitcoin bull — has been buying up proxies for the digital asset in names such as Coinbase and Grayscale Bitcoin Trust. Now, the innovation investor is seeking to own the actual
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