U.S. stock index futures were slightly lower Thursday morning, after President Donald Trump declined to set a deadline on levying tariffs on another $325 billion of Chinese goods. At around 02:50 a.m. ET, Dow futures dipped 38 points, indicating a negative open of more than 37 points. Futures on the S&P and Nasdaq were both
Month: June 2019
With the Atlantic hurricane season underway, homeowners should be aware that inadequate insurance coverage can make recovering from a bad situation even worse. Whether damage from a storm comes from wind or water, homeowners whose coverage is insufficient have discovered the hard way that it makes recovery difficult and that their options for help are
Slocan Lake, BC Ira T. Nicolai | Stone | Getty Images It’s not every day that you’d tell a retiring client to ratchet up their stock exposure, but if she has some guaranteed income, it just might make sense. That’s because pension income, Social Security benefits and income annuities all provide retirees with a measure
CNBC’s Jim Cramer on Wednesday said the biggest concern for Apple shareholders should be around what President Donald Trump does next in the U.S.-China trade war. “I actually think it’s more likely that President Trump hurts Apple more than” Chinese President Xi Jinping, argued Cramer on “Squawk on the Street,” adding a next round of tariffs
The Internal Revenue Service and the Treasury Department have issued final rules blocking certain states’ attempts to work around the new $10,000 cap for state and local tax deductions. After the Tax Cuts and Jobs Act in 2017 imposed a $10,000 limit on state and local tax deductions that itemizers could claim on their federal
Customers play a car racing arcade game at a Dave & Buster’s Entertainment Inc. location in Pelham, New York, U.S. on Friday, March 24, 2017. Timothy Fadek | Bloomberg | Getty Images Check out the companies making headlines midday Wednesday: Mattel — Toy maker Mattel’s stock jumped 5.6% on news that the company rejected a
A coalition of chief executives is trying to get more corporate boards to create diversity plans at U.S. companies, a senior official with the group said Wednesday. “We’re asking CEOs and their boards to commit to annually doing a diversity and inclusion strategic plan,” Tim Ryan, chair of the steering committee for the CEO Action
Kelvin Murray | Getty Images Older workers could soon find it easier to prove they’ve run into age discrimination on the job. The House Education and Labor Committee voted on Tuesday to approve the Protecting Older Workers Against Discrimination Act (POWADA), introduced by Sens. Chuck Grassley, a Republican from Iowa; and Bob Casey, a Democrat
The uncrewed SpaceX Crew Dragon spacecraft at the International Space Station with its nose cone open revealing its docking mechanism while approaching the station. NASA NASA has opened up the International Space Station (ISS) to tourists and already companies are buying rides to fly so-called “private astronauts” up to the laboratory in the sky for
Customers play a basketball arcade game at a Dave & Buster’s Entertainment Inc. location in Pelham, New York. Timothy Fadek | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of entertainment and restaurant company Dave & Buster’s fell 17.6% during extended trading after missing earnings and revenues estimates and
A phrase often used by American market commentators over the years is “don’t kill the goose that lays the golden eggs” and while no one has slaughtered global markets yet, feathers have been sharply plucked. If our bird is the markets, then the trade war is the latest cause of stress and not everyone believes
If you could delay making required withdrawals from your retirement accounts until age 72 instead of 70½, what would the effect be? While you may end up with more savings as a result, the difference probably wouldn’t be enough to make or break your retirement, financial advisors say. As part of the Secure Act, a
Blend Images – Hill Street Studios | Brand X Pictures | Getty Images A bill that will do away with a tax-planning strategy for inherited individual retirement accounts isn’t law yet, but financial advisors should act now to help clients avoid a surprise. The Secure Act, which the House of Representatives voted in favor of,
Mary Meeker presents her annual Internet Trends Report at Code 2018. Asa Mathat | Vox Media The most highly anticipated report of the year for tech investors has arrived. Mary Meeker, a widely followed technology backer and general partner at the venture firm Bond Capital, published her 333-slide “Future of the Internet” report Tuesday ahead
David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019 Mike Blake | Reuters President Donald Trump’s use of tariffs as part of a political agenda is a potential drag on markets, according to Goldman Sachs CEO David Solomon. “The issue
[embedded content] [This stream is scheduled to begin at 2:00 p.m. ET. If it has not begun at that time, please refresh the page.] The nation’s largest technology companies will be in the spotlight on Tuesday during a House of Representatives committee hearing that will feature representatives from the news publishing industry. The president of
ADragan | iStock | Getty Images Many people are in the dark about what makes their credit scores rise and fall. That’s the takeaway from a new survey by the Consumer Federation of America and VantageScore Solutions, which found that consumer knowledge about credit scores is at the lowest level in the past eight years.
In this May 2, 2019, file photo Beyond Meat CEO Ethan Brown, center, watches as his company’s stock begins to trade following its IPO at Nasdaq in New York. Mark Lennihan | AP Short-sellers lost $398 million betting against Beyond Meat through Friday, according to research S3 Partners. And those losses got bigger on Monday as the
Amazon has three people who hold the title of CEO. There’s Jeff Bezos, the founder and CEO. Then there are two deputies: Andy Jassy, the CEO of Amazon Web Services, and Jeff Wilke, CEO of global consumer. Wilke’s been with Amazon for 20 years, and now runs the core business of e-commerce and physical retail.
Check out the companies making headlines after the bell: Traders work the floor at the NYSE in New York. Brendan McDermid | Reuters Shares of Broadcom rose 1.9% after news that the chipmaker had entered into a two-year supplier deal with Apple. Under the agreement, Broadcom will provide radio-frequency, front-end components and modules for a
People shop at the newly opened Amazon Go Store on May 07, 2019 in New York City. The cashier-less store, the first of this type of store, called Amazon Go, accepts cash and is the 12th such store in the United States located at Brookfield Place in downtown New York. Spencer Platt | Getty Images
You’ve probably heard before that baby boomers are to blame for Social Security’s money woes. Yet new research from the Center for Retirement Research at Boston College suggests otherwise. Tetra Images | Getty Images The thinking typically goes that boomers, who were born between 1944 and 1964, have put undue pressure on the system because
Ethan Brown, founder and chief executive officer of Beyond Meat Inc., center, rings the opening bell during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Thursday, May 2, 2019. Michael Nagle | Bloomberg | Getty Images Beyond Meat‘s stock continues to skyrocket and even the most optimistic Wall
Beyond Meat CEO Ethan Brown speaks before ringing the opening bell at Nasdaq MarketSite, May 2, 2019 in New York City. Drew Angerer | Getty Images Check out the companies making headlines in midday trading Monday: Beyond Meat— Shares of Beyond Meat popped more than 23%, on pace for its third best day ever. Earlier
Tim Cook participates in a panel discussion during the TIME 100 Summit 2019 on April 23, 2019 in New York City. Brian Ach | Getty Images Google pays Apple billions of dollars to be the default search engine in the Safari browser on iPhones and Mac computers. A deal like that doesn’t come together overnight,
If you’re thinking about having basic Medicare without any supplemental coverage, experts have a message for you: Don’t. With deductibles, copays, coinsurance and — this is a biggie — no out-of-pocket maximum, the program has a variety of costs that make having no backup insurance a huge financial risk. “All it takes is one big
Stanley Druckenmiller Katie Kramer | CNBC Billionaire investor Stanley Druckenmiller went after President Donald Trump and lawmakers on Friday for attacking big technology companies. “We are attacking our companies that are the leaders in this stuff. But man, it’s great. We’re supporting our steel industry, our coal industry, [and] our aluminum industry. Way to think about the
President Donald Trump tours the area around the U.S.-Mexico border wall in Calexico, California, U.S., April 5, 2019. Kevin Lemarque | Reuters Stock futures indicated that the Dow Jones Industrial Average would open more than 100 points higher Monday in the wake of President Donald Trump’s decision to suspend planned tariffs against Mexico. Trump announced
A row of Fiat Chrysler Automobiles (FCA) 2017 Chrysler Pacifica minivan vehicles are displayed for sale at a car dealership in Moline, Illinois, on July 1, 2017. Daniel Acker | Bloomberg | Getty Images The North American arm of Fiat Chrysler Automobiles, FCA US, is forming a partnership with autonomous vehicle start-up Aurora which already has
Mick Jagger performs during the Rock in Rio Lisbon 2014 music festival, in Lisbon, Portugal on May 29, 2014. (Photo by Pedro Fiúza/NurPhoto via Getty Images) NurPhoto | NurPhoto | Getty Images If you’re attending a Rolling Stones concert this summer, you might notice something different. And no, it’s not Mick Jagger’s new moves. The
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