The Pentagon is cutting its aircraft carrier presence in the Persian Gulf region from two carriers to one, the Defense Department said Wednesday. (Feb. 6)
As numerous restaurant employees were given leave on Thursday to march in "A Day Without Immigrants" protests, others returned to their posts Friday to discover that they were out of a job. Across the U.S. employers fired hundreds of protesters who skipped work to participate in rallies. Eighteen employees at Bradley Coatings, a company specializing in industrial coatings, were let go after not showing up for work, according to an NBC affiliate. The company noted in a statement that the employees were not terminated for attending the protests but for being absent. "This past Wednesday night, certain employees of BCI informed their leadership that they would not be at work the following day,"
In a recent interview on Bloomberg TV, Cuban warned that even people with in-demand skills like computer coding could soon be displaced. “We’re going to have a lot of displaced workers — the nature of work is changing,” he said. “I personally think there’s going to be a greater demand in 10 years for liberal arts majors than there were for programming majors and maybe even engineering,” he said.
It may sound like a simple strategy, but the fact that the vast majority of Americans fall short of millionaire status proves that it's easier said than done. Spending more than you earn can put you in a dangerous hole of debt.
"As soon as I began this journey, I looked up the best reviewed personal finance books on Amazon," says Grant, who reached seven-figures exactly five years after taking the screenshot, thanks to a side hustle that he turned into a lucrative consulting company. Since, the Chicago-based self-made millionaire has read over 360 personal finance books and "the best book on money period" happens to be the first one he picked up: "Your Money or Your Life," by Joe Dominguez.
Oil prices inched higher on Monday, as investor optimism over the effectiveness of producer cuts encouraged record bets on a sustained rally, although growing U.S. output and stubbornly high stockpiles kept price gains in check. Top OPEC exporter Saudi Arabia's crude oil shipments fell in December to 8.014 million barrels per day (bpd) from 8.258 million bpd in November, official data showed on Monday. Brent futures (LCOc1) ended the session up 0.7 percent at $56.18 a barrel.
Twelve employees of a Tulsa-area restaurant are without a job after skipping work on the "Day Without Immigrants."
It goes without saying that the spontaneous combustion of Samsung’s Galaxy Note 7 was a big deal, but rarely do we get an opportunity to see the impact of tech gaffes on public sentiment quantified. A new Harris Poll ranking the “reputation quotient” of the 100 most recognizable brands in the United States provides just that, and the picture isn’t good one for Samsung. In last year’s reputation ratings, Samsung landed in the seventh position out of 100 companies, beaten only by Amazon, Apple, and Google on the tech side of things.
Whether you realize it or not, your credit report can have a pretty significant impact on your financial well-being. When most Americans think of their credit score, they're thinking of whether they'll qualify for a home loan, or a new credit card. While this is one of the more common reasons a good or excellent credit score can come in handy, it's far from the only reason. In addition to helping you qualify for a mortgage or a credit card, and assisting lenders in determining what interest rate you qualify for (higher credit scores usually merit lower interest rates), your credit report can be used by landlords should you try to rent an apartment, condo, or house. Prospective employers may also
Janet Yellen knows why the stock market has been on a record tear. The chairwoman of the Federal Reserve on Feb. 15 offered up a pretty clear explanation for investors’ recent elation over equities in her testimony in front of the House Financial Services Committee. “I think market participants likely are anticipating shifts in fiscal policy that will stimulate growth and perhaps raise earnings,” Yellen said, responding to a question about what is behind the markets' meltup. Read: Stock indexes close at records as Dow extends winning streak That description is what most on Wall Street refer to as the Trump rally. That is a revival of so-called animal spirits inspired by expectations that President
The end of the Affordable Care Act could mean the rise of a new kind of tax-advantaged investment plan: the Roth health savings account (HSA). Republican Senators Bill Cassidy of Louisiana and Susan Collins of Maine have drafted a bill to create the Roth HSAs to help people pay health insurance premiums and out-of-pocket costs, as part of a plan to replace Obamacare. "It is being proposed as an Obamacare replacement, but it's really providing tax-sheltering opportunities rather than increasing health care coverage," said Edwin Park, vice president for health care policy at the Center on Budget and Policy Priorities, a liberal think tank.
Eighteen employees of a commercial painting company in Nolensville, Tennessee were fired on Thursday (16 February) after taking part in a nationwide protest movement dubbed "A Day Without Immigrants". The protest saw businesses across the country close up as immigrants in the US stayed home to protest President Donald Trump's divisive comments on immigration. The workers at Bradley Coatings Inc (BCI) told WTVF that they told supervisors on Wednesday that they would not be coming into work the following day, instead making up the time on Sunday. However, they were told on Thursday that they had lost their jobs. One employee told the news channel that it was "unfair", saying they had worked there
By Alan Baldwin LONDON (Reuters) - Triple world champion Lewis Hamilton has clarified comments about not wanting to share data with Formula One team mates and says he has "zero problems" with new Mercedes arrival Valtteri Bottas. Hamilton told a Facebook Live session with F1 sponsor UBS last Friday that drivers should do their own "homework" rather than be able to copy a team mate's racing lines and braking points. "When we're driving we're picking out braking points, bumps, tire rubber marks on the track, all these different things to help get you through the corner quickest ... but because of this (shared) data they (team mates) can just copy you.
The upcoming blizzard of little 1099 tax forms (which report various sources of "income" to the IRS) brings two key dangers: 1. Losing one that contains key information that needs to go on your tax return, and 2. Thinking you have to include every dime reported on the 1099s to the IRS. Lots of the dollars reported on 1099s are tax-free. The IRS gets a copy of every 1099 information return, so it's important to get this right. Set up a file right now to collect the forms as they arrive in the mail. And, read on to protect yourself from accidentally increasing your tax bill by being misled by a member of the 1099 family.
Feb.20 -- Russia overtook Saudi Arabia as the world’s largest crude producer in December, when both countries started restricting supplies ahead of agreed cuts with other global producers to curb the worst glut in decades. Bloomberg's Sam Wilkin reports on "Bloomberg Markets: Middle East."
Top House Republicans say their outline for replacing President Barack Obama's health care law is a pathway to greater flexibility and lower costs for consumers. Democrats see a road to ruin for millions who'd face lost coverage and higher medical expenses, particularly the poor. The plan "ensures more choices, lower costs and greater control over your health care," according to talking points GOP leaders handed lawmakers heading home to face constituents during this week's recess.
White House chief of staff Reince Priebus, during multiple appearances today on the Sunday talk shows, stopped just short of agreeing with his boss President Trump that the media is the “enemy of the American people” and is no longer a credible news source. Contrary to Trump’s unprecedented rants against the news media – most recently during his 45-minute, campaign-style rally in Melbourne, Florida, on Saturday before an adoring crowd of 9,000 – Priebus insisted that Trump still supports the First Amendment. “He believes in the free press,” Priebus declared but stressed the media is biased on both sides of the ideological spectrum.
We expect leading contract driller SeaDrill Ltd. SDRL to beat expectations when it reports fourth-quarter 2016 results before the opening bell on Thursday, Feb 23.In the preceding three-month period, the company delivered a positive earnings surprise
The U.S. dollar finished the week just barely positive, and some strategists see the greenback heading lower as political uncertainty mounts. Federal Reserve Chair Janet Yellen's fairly hawkish remarks in a press conference Wednesday failed to boost the dollar, which the next day saw its largest one-day drop in over two weeks. In her two-daysemi-annual testimony on monetary policy before the House Financial Services Committee, Yellen reiterated that the Federal Reserve still expects to raise its federal funds rate target three times this year. Rate hikes tend to boost the value of the dollar, as higher short-term rates mean that those who hold greenbacks are paid more to do so. As the dollar
China will suspend all imports of coal from North Korea starting Feb. 19, the country's commerce ministry said in a notice posted on its website on Saturday, as part of its efforts to implement United Nations sanctions against the country. The ministry did not say why all shipments would be suspended, but South Korea's Yonhap news agency reported last week that a shipment of North Korean coal worth around $1 million was rejected at Wenzhou port on China's eastern coast.
Gilead Sciences (NASDAQ:GILD) is the leading maker of drugs used to treat HIV and hepatitis C, but sales and profits are slipping as fewer hepatitis C patients begin treatment and competition drives down drug prices. Can Gilead Sciences overcome these headwinds and reward investors with gains? In this clip from The Motley Fool's Industry Focus: Healthcare podcast, analyst Michael Douglass explains why he thinks this stock is a buy. A full transcript follows the video. This podcast was recorded on Feb. 8, 2017. Michael Douglass: Gilead Sciences is a stock that is primarily in two businesses today: treating HIV and curing hepatitis C. It is the market share leader in both. So, it's kind of the
Perhaps the best time to change up your career is when you're near its end. Close to one in five individuals aged 65 and over continues to punch the clock every day, according to the Pew Research Center. Meanwhile, more than half of Americans ages 50 to 64 are working and not retired, according to data from the Associated Press-NORC Center for Public Affairs Research. Indeed, older employees may continue working because they need to strengthen their finances. But 9-to-5 doesn't have to be a grind — if you plan for it, said Kerry Hannon, author of "Getting the Job You Want After 50 for Dummies." "If there's a kind of work that you want to move toward when you retire," she said, "it's important
Goldman Sachs analysts believe investors and traders in the stock market are acting irrationally. “Cognitive dissonance exists in the US stock market,” Goldman Sachs’ David Kostin said. Earnings and expectations for earnings growth are the most important drivers of stock prices in the long run.
Investors in their 60's should start to favor low-risk stocks that offer up big dividend payouts. Below are three stocks -- Waste Management (NYSE:WM), United Parcel Service (NYSE:UPS), and Welltower (NYSE:HCN) -- that perfectly fit that description. One man's trash... The waste-management sector is a terrific place to find low-risk stocks. Most trash haulers operate mini-monopolies since it makes no sense to send multiple garbage trucks down the same streets. That's because trash is quite heavy and holds almost no economic value. That fact gives any company that owns a fleet of trucks and landfills that are close to populated areas a dependable stream of income. Given those industry dynamics,
Whether you're pocketing a bonus check or reveling in your newly received tax refund, landing an extra $1,000 is certainly cause for celebration. But before you go out and spend that cash all at once, here are 10 ways to put it to better use. 1. Start or pad your emergency fund A new GoBankingRates study reveals that 69% of Americans have less than $1,000 in savings, while 34% have no savings at all. Given that the typical household should have three to six months' worth of living expenses on hand at all times, most folks clearly have some catching up to do. If you're behind on emergency savings, the most important thing to do with your newfound money is to stick it right in the bank. 2. Pay
Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B), the conglomerate led by Warren Buffett, has delivered strong returns for investors lately, with shares up 30% over the past year. As impressive as this is, some of Berkshire's stocks have doubled, or even tripled that return. Here's a look at Berkshire's five best-performing stocks of the past year, and why they performed so well. Why did these stocks do so well? First of all, the reason that most of these stocks (and Berkshire itself) have performed so well over the past year is because last February was a particularly turbulent time for stocks that included a large market drop (the low point in the chart below). And now we're at or near record highs