Cynthia and Alex are parents to a 6-year-old son, Jake. “It was a dream come true,” Alex said, of becoming a dad. But for the high school sweethearts, conceiving a child was only possible with in vitro fertilization, which was covered by Cynthia’s insurance through her employer. They have what’s called “unexplained infertility.” Cynthia then
Month: June 2019
Traders work at the Coty booth on the floor of the New York Stock Exchange. Jin Lee | Bloomberg | Getty Images Beauty company Coty is by far the best-performing stock in the S&P 500 so far this year. Shares of the cosmetics distributor are up more than 100% in 2019, while the S&P 500
“It’s a taboo topic,” said Cameron Huddleston, a personal finance journalist and author of “Mom and Dad, We Need to Talk. “ Huddleston was not referring to sex, as you might expect, but rather the other issue families avoid all too often – money. From wills to life insurance, the longer you wait, the trickier
While Wall Street focuses on U.S.-China trade war dangers, Medley Global Advisors’ Ben Emons sees two risks making a comeback. The way the world’s affairs are shaping up, he warns Brexit fallout and the threat of U.S. tariffs on European cars could sneak up on investors in year’s second half — which kicks off Monday.
MoMo Productions | Getty Images When Laika Kayani started to lose her voice late one night last year, she picked up her iPhone and got connected to a doctor through a video-chat service called American Well. Kayani, who works at a health-tech company in San Francisco, used the app because her young son and husband
Retirees lose a collective $3.4 trillion in Social Security income by not waiting as long as possible to tap benefits, a new report concludes. The study from investment firm United Income examines the long-term financial effects of the decisions surrounding when to claim Social Security. Just 4% of retirees make the generally optimal decision of
Norma Butterfield, mother of Slack Technologies CEO Stewart Butterfield, rings a ceremonial bell along with New York Stock Exchange (NYSE) President Stacey Cunningham during the Slack direct listing in New York, U.S. June 20, 2019. Brendan McDermid | Reuters Casey Stengel once said, “Never make predictions, especially about the future.” If you’re looking to prove
David Marcus, vice president of messaging products for Facebook Inc., speaks during a Bloomberg Television interview on the sidelines of the Wall Street Journal D.Live global technology conference in Laguna Beach, California, U.S., on Wednesday, Oct. 18, 2017. Patrick T. Fallon | Bloomberg | Getty Images David Marcus, the Facebook exec who helped hatch its Libra
Source: Marvel On Friday, Disney made one final push to make “Avengers: Endgame” the highest-grossing film of all time. Marvel Studios began showing a new theatrical release of the film with a special tribute, a deleted scene and a teaser for “Spider-Man: Far From Home” at the end of the credits. This additional content is
Peter Mazza, his wife, Megan, and their three children. Mazza, who was diagnosed with stage 4 colon cancer in April, has been unable to access the cancer deferment. Source: Peter Mazza Last September, President Donald Trump signed into law a bill allowing people with cancer to press pause on their federal student loan payments. More than
Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California on March 14, 2019. Frederic J. Brown | AFP | Getty Images It may be happenstance but it also wouldn’t be extraordinary for a company of scientists and rocket engineers, nor the first time Elon Musk pinned a
Traders work on the floor at the New York Stock Exchange, May 23, 2019. Brendan McDermid | Reuters It’s no secret that machines are taking up a bigger and bigger share of investing, but the extent of their influence is approaching shocking proportions. It is as high as 80%, according to one major investing firm.
The corporate earnings picture continues to deteriorate, with companies exposed to tariffs taking a particularly strong hit. As profit reports just start to trickle in, the expectations are getting worse. Forecasters already were indicating negative earnings growth for the second quarter, but the outlook also has swung into red numbers for the third quarter, according
President Donald Trump threatened to slap tariffs on all Mexican imports at the end of May. He later backed down from the threat after signing a trade deal with the country. But Constellation Brands CEO Bill Newlands said Friday that the brewer of Corona and Modelo would be ready if the tariffs did end up
Democratic presidential candidates New York City Mayor Bill De Blasio (L-R), Rep. Tim Ryan (D-OH), former housing secretary Julian Castro, Sen. Cory Booker (D-NJ), Sen. Elizabeth Warren (D-MA), former Texas congressman Beto O’Rourke and Sen. Amy Klobuchar (D-MN) take part in the first night of the Democratic presidential debate on June 26, 2019 in Miami,
Will there be a truce, a deal or a further breakdown? All eyes are on this weekend’s G-20 showdown between President Donald Trump and Chinese leader Xi Jinping. For investors on edge about the trade outcome, here are the make-or-break stocks with the most to win or lose, according to Goldman Sachs. The bank screened
Charles Ergen Andrew Harrer | Bloomberg | Getty Images Dish co-founder Charlie Ergen is back in wireless acquisition talks after several failures over the last six years. But this time, if Ergen can convince Deutsche Telekom, U.S. regulators and a group of state attorneys general that his company can be a knight in shining armor, he
Pedestrians walk past a Walgreens store in New York. Michael Nagle | Bloomberg | Getty Images Walgreens Boots Alliance reported fiscal third-quarter earnings that beat Wall Street’s expectations Thursday before market open. The drugstore chain reported adjusted earnings of $1.47 per share, beating analysts polled by Refinitiv’s expectations of $1.43 per share. Walgreens posted $34.59
Investors should put their money in small- to mid-cap biotech stocks as rhetoric about changing the U.S. health-care system ramps up during the Democratic primary debate season, Jefferies analyst Michael Yee said Friday. “The big biotechs have to buy the big and small biotechs, and that’s where most [health-care] investors have been playing,” Yee said
A man walks up the steps of the U.S. Supreme Court on January 31, 2017 in Washington, DC. Mark Wilson | Getty Images News | Getty Images The Supreme Court said Friday that it will hear a case between pensioners and US Bank concerning whether members of a pension plan can sue the fund manager
Traders work the floor at the NYSE . Brendan McDermid | Reuters January has long held strong predictive power for the direction of markets over the rest of the year, and 2019 is proving no exception. That’s good news for stocks, which stand to gain significantly ahead if the current trend stays in place, according
Elizabeth Holmes leaves U.S. District court in San Jose after a judge delayed her trial Adriana Conte Theranos founder Elizabeth Holmes walked out of federal court on Friday with a delay in her criminal fraud trial until 2020 — but she wouldn’t say if she walked down the aisle. Widespread media reports this month claimed
Pedestrians pass in front of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Wall Street wrapped up a roaring June and first half of the year as investors cheered the prospects of easier monetary policy from the Federal Reserve and awaited clarity on U.S.-China trade relations. The Dow Jones Industrial Average
Nike sold more sneakers and sports gear during the fiscal fourth quarter than Wall Street expected, helping to boost revenues by 4% to just over $10 billion. Its earnings released Thursday, however, missed analysts’ expectations by a few pennies a share, and the stock initially fell by more than 4% in after-hours trading before rebounding.
Beyond Meat surprised the stock market when the company turned out to be the best IPO of 2019. Alternative meat was having a moment. Alternative milk, on the other hand, has been quietly revolutionizing the dairy industry for years. Milk, the kind from cows, was once a staple of the American diet. But now consumers
John Lund/Marc Romanelli | Getty Images It’s no secret that Americans are staying on the job longer, or returning to work after retiring. In some cities, though, the 65-and-older crowd is more of a presence in the workforce than others. To identify where those older workers are clocking in the most, retirement community operator Provisional
UnitedHealth Group signage is displayed on a monitor on the floor of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Insurer UnitedHealth is Wall Street analysts’ favorite stock based on highest percentage of buy ratings. In addition to the Minnesota-based healthcare company, financial services company Visa, technology giant Microsoft and pharmaceutical company
The Middle East and Africa have seen many changes in terms of digital transformation, but there’s still “huge upside,” and financial technology firms are looking for opportunities there, according to a financial services regulator in the region. “Compared to a few years ago, now, we have a very vibrant marketplace,” said Richard Teng, chief executive
NEW YORK, NY – APRIL 24: Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell, April 24, 2019 in New York City. U.S. stocks started the trading day mixed, following Tuesday’s closing record highs for the S&P 500 and Nasdaq. Drew Angerer | Getty Images
A Singapore Airlines A380 passenger plane taking off at Changi International Airport in Singapore. Fyrol Mohn | AFP | Getty Images European aerospace giant Airbus is working on technologies that will cut the number of pilots needed in the cockpit, a company executive said on Thursday. “Embedding more and more artificial intelligence into our systems
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