Getty Everyone’s heard the stories of celebrities who died without a proper estate plan in place. It’s been a hot topic in the last few years with Prince and Aretha Franklin serving as unfortunate faces of the phenomenon. But it’s not just freewheeling entertainers. Abraham Lincoln – a lawyer by trade – didn’t have one either, which leads
The Pinnacle penthouse Williams New York After sitting on the market for several years, “The Pinnacle” penthouse at the top of New York City’s famed Woolworth Building is relisted with its first furnished renderings and a lower price. Originally listed for $110 million in 2017, the property, which spans the top five floors of the
A interview with value investor and author, Joel Greenblatt. In this interview, Joel discusses why investors should invest for the long term and how this will lead to superior returns. Joel also talks about choosing an Index/Mutual fund, Markets and Active Management. ? Books by Joel Greenblatt and his favourite books are located at the
[embedded content] [The stream is slated to start at 1:15 p.m. ET. Please refresh the page if you do not see a player above at that time.] Entrepreneurs and media stars Kris Jenner and Kim Kardashian West are slated to speak Wednesday at The New York Times DealBook Conference in New York. The two pop
Papa John’s International Inc. signage is displayed on top of a delivery vehicle outside of the company’s restaurant in Nashville, Tennessee. Luke Sharrett | Bloomberg | Getty Images Papa John’s stock jumped 5% in premarket trading after announcing an executive reshuffle and quarterly revenue that topped Wall Street’s estimates. Same-store sales in North America turned
Uber CEO Dara Khosrowshahi defended the ride-sharing company’s business Wednesday as the stock continues to tumble and it faces growing investor skepticism around its massive losses. On stage at the New York Times DealBook conference, interviewer Andrew Ross Sorkin asked Khosrowshahi if he was happy the company gone public in time to avoid a situation
A customer pays for his purchases inside a Lowe’s store in Cary, North Carolina. Jim R. Bounds | Bloomberg | Getty Images Here are the biggest calls on Wall Street on Wednesday: Raymond James initiated Lululemon & Nike as ‘outperform’ & Footlocker as ‘underperform’ Raymond James said in its initiation of several retailers that overall
Jonnie Miles | Photographer’s Choice | Getty Images There may be no free lunch in the financial services industry, but there is now free trading of stocks, exchange-traded funds and options. Charles Schwab announced on Oct. 2 it would eliminate commissions on those products for retail and registered investment advisor clients on its platform. TD
Seb Oliver | Image Source | Getty Images If you’re thinking of buying a home in Las Vegas — congratulations! You just might make a bundle when the time comes to sell it. That’s because the average annual internal rate of return for a homeowner in Sin City is 13.29%, according to a recent analysis
Courtney Keating | Getty Images The past two years have been halcyon times for small businesses searching for capital. The lending landscape has never been higher during the post-recession era, and approval rates have increased steadily at big banks, regional and community banks and at institutional lenders for an ongoing basis. For instance, the SBA
A interview with billionaire debt investor and founder of Oaktree Capital Management, Howard Marks. In this interview Howard discusses the six tenets of investing he uses at Oaktree to select investments. Howard also talks about risk, best financial decision he has made and gives advice for small investors. ? Books by Howard Marks and his
null Getty It’s been a terrific year for one specific group of funds—and that means, if you’re one of many people who own them, you need to be very careful. I’m talking about senior-loan (also known as floating-rate) funds, which have made big gains in 2019. That’s lulled many folks into a false sense of
DETROIT, MI – JULY 24: Democratic presidential candidate U.S. Sen. Elizabeth Warren (D-MA) … [+] participates in a Presidential Candidates Forum at the NAACP 110th National Convention on July 24, 2019 in Detroit, Michigan. The theme of this years Convention is, When We Fight, We Win. (Photo by Bill Pugliano/Getty Images) Getty Images You’ve heard
Exterior of One Steuart Lane, poised to become the newest build in San Francisco’s ultra-luxury … [+] residential market. Binyan Studios San Francisco, Calif. — Paramount Group, Inc. and SRE Group Ltd., today unveiled a first look at final renderings of the highly anticipated new luxury waterfront community, One Steuart Lane, located in San Francisco’s
An interview and Q&A with billionaire investor and founder of the world’s largest Hedge fund Bridgewater Associates, Ray Dalio. In this interview, Ray discusses his early life and career, including the path to starting his hedge fund Bridgewater Associates. Ray also talks about economic risks and how these have previously played out in the past.
Starbucks’ holiday drinks Source: Starbucks For the holidays this year, Starbucks is sticking to proven customer favorites. The coffee chain’s holiday offerings can make or break its fiscal first-quarter sales. Two years ago, disappointing holiday offers and merchandise dragged down U.S. same-store sales by 1%. Combined with sluggish growth of its core beverages, U.S. same-store
Occidental Petroleum Jay L. Clendenin | Los Angeles Times | Getty Images Occidental Petroleum said on Monday it would slash spending on big projects by 40% next year, as it missed earnings estimates in its first results after closing its $38 billion purchase of rival Anadarko Petroleum. Analysts and activist investors have been pushing the
A visitor holds illuminated controllers while wearing a prototype of the Sony Project Morpheus virtual reality gaming headset at the IFA tech show in Berlin, Germany, on Sept. 3. Chris Ratcliffe | Bloomberg | Getty Images LISBON, Portugal — Europe’s technology industry is thriving and showing signs that it can compete with the U.S., the
Bridgewater Associates co-Chairman Ray Dalio said Tuesday that the U.S. will have little choice but to raise taxes in the coming years to offset its mounting liabilities and debts. Dalio, who founded the hedge fund in 1975, told CNBC from the Greenwich Economic Forum that the national debt, pension liabilities and health-care liabilities will ultimately
This fall, resist the temptation to just re-elect all of last year’s workplace benefits. Employers are rolling out their benefits packages for 2020, and that means it’s time for you to choose your health-care, life insurance and disability coverage for the new year. Failure to pay attention means you could miss out on valuable opportunities