Share to facebook Share to twitter Share to linkedin The monster deal could see the two biggest brokerages combine. Elise Amendola/ASSOCIATED PRESS Topline: As the brokerage industry looks to recover lost revenue from eliminating trading fees last month, two of the leading firms could be merging to create a brokerage giant, with Charles Schwab in
EAST HAMPTON, NY – AUGUST 03: Cocktail hour outside at the 10th Apollo in the Hamptons benefit at … [+] the home of Ron Perelman and Anna Chapman (Photo by Rebecca Smeyne/Getty Images) Getty Images Last Friday, The Tax Policy Center sponsored a morning-long program on market-to-market taxation of capital gains. After three hours, I
Stealth storage is just one go-to. Domus Venus x Uliana Gluckova There’s something that always stands out when a room or home has an interior designer’s touch. It’s generally because they have showstopping pieces of furniture and accessories that make the space feel complete. While most designers work on a variety of projects, they often
Chris Martin of Coldplay performs live at San Siro Stadium, Milan, Italy, in July 2017. Mairo Cinquetti | NurPhoto | Getty Images Coldplay is one of the biggest bands in the world, racking up millions of record sales and packing out stadiums with adoring fans wherever they play. With a new record due for release
A pedestrian carries a Macy’s Inc. shopping bag while walking past a store in New York. Idris Talib Solomon | Bloomberg | Getty Images Macy’s is set to report quarterly earnings before the bell on Thursday. Here’s what analysts are expecting, based on Refinitiv data: Earnings per share: Breakeven Revenue: $5.32 billion Same-store sales: a
Louis Bacon, founder and CEO of Moore Capital Management Amanda Gordon | Bloomberg | Getty Images Longtime trader and hedge fund manager Louis Bacon is reportedly planning to shutter his firm and return capital to investors after 30 years of investment. The impending end of Moore Capital will mark one of the industry’s most prominent
UBS is predicting a decade of low returns and higher volatility for most financial assets. In a report published Thursday, the Swiss bank set out a vision for 2030 which included working-age populations in developed countries shrinking by 25 million, increasing deglobalization and a “less favorable political backdrop” for high-income individuals. The anticipated “decade of
Medicare beneficiaries have about two weeks left to evaluate their options for 2020 and make changes for the new year. While you don’t need to take any action if you want to stick with your current coverage, experts say it’s worthwhile making sure it will still suit your needs next year — and that there
Share to facebook Share to twitter Share to linkedin The latest setback took a toll on the market. Chip Somodevilla/Getty Images Topline: Stocks pulled back from near record highs and plummeted on Wednesday, following a report that the phase one trade deal between China and the U.S. was again delayed, and now won’t be completed
Hey, you know that really annoying Cher song? No, not “I Got You Babe,” the other one. No, no…not “Believe,” the really annoying one. C’mon…you know the one I’m talking abo….yes! “If I Could Turn Back Time,” that’s the one! That song came on the radio the other day, and I got to thinking, “Man,
Tamara Day of HGTV’s Bargain Mansions Paul Versluis Virtual interior decorating has become a major trend in recent years. From Modsy to Havenly and others, consumers have found these services to be more useful, affordable and accessible than hiring a traditional designer. Several months ago, one of HGTV’s hosts, Tamara Day of Bargain Mansions threw her hat
Anti-government protesters with their faces covered stand at Hong Kong Polytechnic University, which has been taken over by anti-government protesters, on November 21, 2019 in Hong Kong, China. Laurel Chor | Getty Images News | Getty Images U.S.–China relations will worsen if President Donald Trump signs a pro-Hong Kong rights bill into law, a former
Large crowds gather to hear Arielle Zuckerberg, partner at Kleiner Perkins, speak onstage during the Slush start-ups event in Helsinki, Finland, on Nov. 30, 2016. Tomi Setala | Bloomberg via Getty Images European start-ups have raised a record amount of funding so far this year, with $34.3 billion of venture capital flowing into the continent’s
The new movie “Dark Waters” may be about an attorney’s battle against chemical company DuPont, but the film could shine a sharper spotlight on the industry in general, hurting companies like 3M, Bank of America Merrill Lynch said on Wednesday. The film, which hits theaters on Friday and stars Mark Ruffalo, Anne Hathaway and Tim
Despite the partisan noise swirling around the impeachment hearings in Washington, DC, supporters of at least one bill remain hopeful that the divide won’t derail its passage. The Secure Act, as the measure is called, aims to increase the ranks of retirement savers and the amount they put away. While it cleared the House in
WASHINGTON, D.C. – APRIL 14: Attendees rally on the West Front of the U.S. Capitol building with … [+] Teamsters Union retirees who traveled from across the country to voice their opposition to deep cuts to their pension benefits on April 14, 2016, in Washington, D.C. Thousands are facing massive pension cuts because of a
Share to facebook Share to twitter Share to linkedin Despite Republicans’ opposition to cannabis, 11 states and the District of Columbia have legalized … [+] marijuana for recreational usage, while medical marijuana is legal in 33 states plus D.C. Photo by Andrew Lichtenstein/Corbis via Getty Images Topline: A Congressional committee approved a landmark bill Wednesday
This is a typical ICF before it is installed. The width can vary depending on the application. Photo courtesy of Logix ICF For decades, concrete walls and foundations were made the same way. Plywood or plain boards are built into forms that contain steel reinforcing bars (rebar) and into which wet concrete is poured. When
A customer carries a shopping bag while exiting a Victoria’s Secret Stores LLC store, a subsidiary of L Brands Inc., in New York, U.S., on Wednesday, Nov. 14, 2018. Bloomberg | Getty Images L Brands turned in mixed third-quarter results Wednesday as declining sales at its Victoria’s Secret brand continued to weigh its performance. The company’s
A Lowe’s employee walks through the store during the grand opening of the Lowe’s store in San Francisco, California. Getty Images Lowe’s reported Wednesday quarterly earnings that beat analysts’ expectations and raised its forecast for the year. However, revenue during the quarter fell short of expectations. Shares of Lowe’s were up about 5% in premarket