Joe Diaz, Co-founder of AFAR Magazine, shares sites and apps you should use to enhance your travel experience.
Joe Diaz, Co-founder of AFAR Magazine, shares sites and apps you should use to enhance your travel experience.
George: Oh, great. We're getting a cabinet full of generals, billionaires and corporate executives. We now will have a general as Secretary of Defense and in charge of national security. If Kennedy had acted on generals Curtis Lemay's and Westmorland's demands for a first strike against Cuba (or even the Soviet Union) during the Cuban Missile Crisis, none of us would be alive today. But they weren't in the cabinet and reported to Sec. of Defense Robert McNamara. Now, we're getting -- perhaps -- the Exxon-Mobil CEO as Sec of State on the cabinet. I wonder how much influence he'll have on the cabinet when it comes to eliminating the oil and gas subsidies as part of the Federal tax reform? The proposed head of the Environmental PROTECTION Agency has strong doubts about climate change and wants to lift restrictions on fossil fuels. And seems to support Trump's desire to eliminate the EPA altogether. And the guy to head the Labor department made his billions as a fast food restaurant czar, paying low wages and likely no benefits to create his wealth. This is going to be a very interesting four years, beginning January 20.
A full parking lot and 50-hour workweeks belie the anxiety at the United Technologies-owned factory outside a small northeastern Indiana city, where Mike Harmon and co-workers wonder whether they aren't just stockpiling parts for when the company sends their 700 jobs to Mexico. "I don't think they look at us, being from a small town ..." said Harmon, a 44-year-old Huntington native who's worked at the factory for seven years.
As an avid Packers fan, one of my most painful sports memories was the retirement/unretirement/retirement of Brett Favre. Now eight years -- and one Super Bowl victory -- removed from the debacle, I can see the whole episode for what it really was: someone grappling with one of the toughest decisions any human being has to make. While most people will never run onto the gridiron on Sunday, many of us will be faced with the question of whether to retire -- and when -- at some point in the future. The question is one part financial and about 15 parts social and emotional. To help you figure out if you're ready to retire, simply answer these questions and I believe you'll have a much better idea.
Amazon's new concept convenience store doesn't just save money, it saves shoppers' time. That, however, is part of what makes the rise of the robots unstoppable, one expert said. At a time when a growing number of observers have lamented the potential impact of growing automation on flesh and bone workers, the retail giant introduced something that may be a game-changer. On Monday, Amazon announced a new Seattle location, Amazon Go, that has no registers. Instead, shoppers scan into the store with their free Amazon Go app, shop as normal, and leave the store with the items billed to their Amazon.com account. "With Amazon, it's not just about reducing labor costs at all — they've come up with
Eleven countries agreed on Saturday to cut their oil output, teaming up with the OPEC cartel in an exceptional bid to end the world's glut of crude and reverse a dramatic fall in income. Russia and 10 other non-OPEC states will reduce their production by more than half a million barrels per day (bpd), OPEC announced. "I am happy to announce that a historic agreement has been reached," said Qatar's Energy Minister Mohammed Bin Saleh Al-Sada, whose country holds the rotating presidency of the Organization of the Petroleum Exporting Countries (OPEC).
President-elect Donald Trump has made no secret of his feelings about the unemployment statistics produced by the federal government’s Bureau of Labor Statistics. Now, with the announcement that Andy Puzder, the CEO of CKE Restaurants, which operates the Carl’s Jr. and Hardee’s fast food chains, is his nominee to run the Labor Department, Trump will have a fellow foe of the unemployment rate in charge of the agency that houses BLS itself.
Apple (AAPL) could be the electronics retailer most exposed to a troubling retail trend, according to JPMorgan. Fewer cars have been parked at U.S. retailers over the past month than over the same period last year, according to satellite imagery of parking lots analyzed by Orbital Insight and JPMorgan. Because Apple does so much of its annual business over the holidays, lukewarm consumer demand would impact Apple more than other hardware makers, JPMorgan analyst Rod Hall told CNBC's " Power Lunch " on Friday.
Retirement investing is not what it used to be. The problem with the Federal Reserve's attempt to goose the economy is that it killed bond yields, forcing retired investors further out onto the risk curve, making it difficult to find safe stocks to buy. When it comes to retirement stocks, I have very firm requirements, which I'll describe in detail when I launch my stock advisory newsletter, The Liberty Portfolio, early next year.
The proverbial clock is ticking. Once Donald Trump becomes president in January, it seems a matter of when, not if, the Affordable Care Act, America's health law of the land, will be repealed or significantly amended. One of the key talking points of Trump's campaign, and of the Republican Party in general, is the idea of repealing and replacing the landmark ACA, which President Obama signed into law in 2010 and was appropriately nicknamed "Obamacare." A clear pathway to amending or repealing the law has been elusive until now. With a Republican as president, and both houses of Congress staying Republican in the November elections, a repeal is a real possibility. Even if the Senate can't muster
Iran said Sunday it has finalized a $16.8 billion deal with Boeing to purchase 80 passenger planes, a deal made possible by last year's landmark nuclear agreement. The state-run IRNA news agency said 50 Boeing 737s and 30 Boeing 777s would be delivered over the next decade, in the biggest agreement to be struck with an American company since the 1979 revolution and U.S. Embassy takeover. Boeing had no immediate comment.
Ford Motor Co. is going ahead with plans to move small-car production from the U.S. to Mexico despite President-elect Donald Trump's recent threats to impose tariffs on companies that move work abroad. CEO Mark Fields said Ford's plan to move production of the Ford Focus from Michigan to Mexico will proceed, in part because U.S. consumers demand low prices for small cars. The Focus starts at $16,775, which is less than half the average price that U.S. consumers pay for new vehicles. The customer demands a certain level of price and value in that segment, and it's important for us as a company to have financial success with that product," Fields told The Associated Press in an interview Friday.
Construction of the main stadium for the Tokyo 2020 Olympics officially started Sunday, more than a year after the original blueprints were torn up following public outcry over skyrocketing costs. "I believe, after four years, many athletes will challenge their physical limits at this stadium and empower spectators and the society," Prime Minister Shinzo Abe said at a ceremony to mark the start of building work. Japan approved the new stadium plans in September after Abe scrapped the initial design by the late Iraqi-British architect Zaha Hadid as costs soared beyond $2 billion.
ThinkstockIn 2015, the Internal Revenue Service audited only 0.84% of all individual tax returns. So the odds are generally pretty low that your return will be picked for review. That said, your
Dec.09 -- Hillary Clinton, during a visit to the Capitol on Thursday, said "fake news" is putting people’s lives at risk. "This isn’t about politics or partisanship," she said.
Ahmed, a Qatari civil servant, used to arrive at his office at a government ministry in Doha late in the morning and leave for home after lunch, collecting a monthly salary of 40,000 rial ($11,000) and a generous housing and travel allowance. For a country whose tiny population is the world's wealthiest per capita and which sits upon its largest natural gas reserves, increasing the productivity of its 90,000 public employees might seem like a needless task. Gulf states have for decades used their energy wealth to provide millions of citizens with cushy government jobs, part of a social contract by rulers that rewards political acquiescence and educational attainment with employment for life.
As of Friday afternoon, the S&P 500 (^GSPC), the Dow Jones industrial average (Dow Jones Global Indexes: .DJI) and the Nasdaq composite (^IXIC) have all notched gains for five days straight, from Monday through Friday.
The " Fast Money " traders on Friday debated which stocks stood to benefit the most, as temperatures drop around the country. Cold weather can help companies like Burlington Stores (NYSE: BURL), pushing them into the top tier of expected same-store-
DUBAI, United Arab Emirates (AP) -- Qatar is merging its two government-controlled liquefied natural gas companies, streamlining distribution of the fuel as the OPEC nation grapples with a slump in energy prices.
By Sarah N. Lynch WASHINGTON (Reuters) - Fast food executive Andy Puzder, President-elect Donald Trump's choice to head the Labor Department, could be in a position to undermine the agency's new rule on retirement advice which has long been opposed by the financial industry. Puzder has not publicly commented on the fiduciary rule, which is due to go into effect in April, but a glimpse into the 401(k) plans he offers his own employees at CKE Restaurants may provide a few clues about his philosophy. The plan is less generous than some of its fast food competitors, according to data and analysis from Brightscope Inc, a research company that rates 401k plans.
Food giant ConAgra faces a court hearing to finalize an $11.2 million settlement — including the largest criminal fine ever in a U.S. food safety case — to resolve federal charges in a salmonella outbreak that sickened hundreds who ate tainted Peter Pan peanut butter. It's been a decade since salmonella that made more than 600 people sick was traced to a plant in rural Georgia that manufactured peanut butter for ConAgra. It wasn't until last year that the Justice Department disclosed the company would face a criminal charge.
It's that time again! Jim Cramer rang the lightning round bell, which means he gave his take on caller favorite stocks at rapid speed: BP PLC: "BP, no. Look, it's not bad. It's just I like growth in the dividend." Paychex Inc: "Trump stock. Simple enough." Wendy's Co: "I've been liking Wendy's for a long time and I'm not relenting one bit! I'll throw in McDonald's and let me give you an actionalertsplus.com name Panera. New Labor Department secretary has a different idea about labor than the previous guy." PayPal Holdings: "Under $40 I like the stock. It has not had an ability to be able to pass $40. People are buying all of the real bank stocks now. They're buying the 'first national bank of
As Jim Cramer prepared for the stock market roller coaster to continue next week, he found one event on Monday that could be a harsh wake-up call for investors. The financial system in Italy is on the verge of collapse , and no one seems to care, Cramer said. Cramer will be watching to see if the bank will be bailed out over the weekend, as there doesn't seem to be a plan to save it in its current form.
Two years ago, Wal-Mart (NYSE:WMT) told us its sprawling superstore model was a dead end for growth. Because consumers were looking for convenience, it would ramp up investment in small-format stores that would carry fewer but popular SKUs and would be just a fraction of the average 180,000-square-foot supercenter. While it had experimented with tiny, 12,000-square-foot Wal-Mart Express stores, it decided the sweet spot was in its Neighborhood Markets stores, which average around 40,000 square feet and focus on groceries, which account for more than half of U.S. revenues. It dropped the Express banner altogether, consolidated them all under the Neighborhood Markets moniker, and announced plans
Shares in troubled Italian bank Monte dei Paschi di Siena plunged Friday following news reports that the bank's request for more time to raise new capital from investors had been rejected by regulators. MPS, as Monte dei Paschi di Siena is known, had been given until the end of the month to raise 5 billion euros ($5.4 billion) in capital. The bank asked the European Central Bank for a delay until Jan. 20 due to political uncertainty ushered in by the resignation of Prime Minister Matteo Renzi this week.
The board on Thursday put a stop to most payments and withdrawals from the Deferred Retirement Option Plan (DROP), a program that allows members who have passed retirement age to keep working and transfer their benefits into an account that has historically guaranteed a generous 8 percent rate of return. Because of the large withdrawals, the pension system's ability to pay its members' future benefits before becoming insolvent has been reduced from 15 years to 10 years, Dallas Mayor Mike Rawlings said in a letter to the board last month. "You have knowingly allowed DROP funds to be withdrawn at record levels, cognizant that doing so is irreparably harming the Pension System's solvency and liquidity," Rawlings said in the letter.