• USA TODAY2 hours ago

    Here are 5 steps China could take to hurt the US beyond more tariffs

    Nearly half of U.S. companies doing business in China said they've experienced non-tariff retaliation from China since the U.S. first imposed duties last July, according to a survey this month by the American Chamber of Commerce in China. The group represents more than 900 American companies operating in China. Increased regulatory enforcement, greater inspection of U.S. shipments, preferential treatment with respect to procurement, etc. can cause significant losses to US businesses.

  • Huawei Supplier Surges in Hong Kong After Canceling NYSE Listing
    Bloomberg5 hours ago

    Huawei Supplier Surges in Hong Kong After Canceling NYSE Listing

    Semiconductor Manufacturing International Corp. was Monday's top gainer on the MSCI China Index as well as its Asia-Pacific gauge with a 10% rally. It was a different story for its American depositary shares, which tumbled 5.6% at the end of last week in New York after the Shanghai-based firm said it was delisting due to considerations including limited trading volume and costs. SMIC's biggest customer is the parent of Huawei Technologies Co., the high-profile subject of a U.S. ban.

  • Avoid Paying Taxes on Social Security Income
    Investopedia2 days ago

    Avoid Paying Taxes on Social Security Income

    Some people have to pay federal income taxes on the Social Security benefits they receive. Typically, this occurs only when individuals receive benefits and have other substantial sources of income from wages, self-employed earnings, interest, dividends, required minimum distributions from qualified retirement accounts, and other taxable income that must be reported on their tax returns. Taxable Social Security Income In accordance with Internal Revenue Service (IRS) rules, you won't pay federal income tax on more than 85% of your Social Security benefits.

  • Model Emily Ratajkowski: 'organic content is king' in brand building
    Yahoo Financeyesterday

    Model Emily Ratajkowski: 'organic content is king' in brand building

    Emily Ratajkowski knows a thing or two when it comes to building a brand. The actress and top model has 22.8 million Instagram followers, her own bodywear, swimwear & intimates line, and is also the “Chief Taste Officer” of BABE, a sparkling canned wine brand. Recently, Ratajkowski said the key to her success stems from her beginnings as a social media influencer.

  • Financial Times39 minutes ago

    DoorDash/Uber Eats: full up

    p The food delivery industry is looking bloated. SoftBank's backing of San Francisco start-up DoorDash is hurting listed rivals while Amazon's investment in UK-based Deliveroo adds one more tech giant to the fight for market share. The lesson from the ride-hailing industry is that well-funded companies with money to burn will struggle to eliminate one another.

  • Build better money habits with these 3 simple steps
    CNBC2 days ago

    Build better money habits with these 3 simple steps

    According to research from Duke University, habits make up around 45% of our daily behaviors . If there's an aspect of your financial life you want to change — save more for retirement or cut out superfluous spending — the best way to make a lasting change is to tweak your daily habits . If you've ever set a lofty New Year's resolution and failed to keep it — as 88% of people do, according to a 2007 survey by British psychologist Richard Wiseman — then you know how hard it can be to try to make a dramatic change overnight.

  • Fox Business2 days ago

    Uber’s first employee, who’s now a billionaire, resigns from company’s board of directors

    Uber's first employee, who's now a billionaire, has informed the company that he is resigning from the board of directors, according to an SEC filing Friday. The filing from Uber Technologies Inc. stated Ryan Graves told the company of “his intention to resign as a member of the Company's board of directors, effective as of May 27, 2019, including any committees of the board of directors on which he serves.

  • Jet Airways founder Naresh Goyal and wife stopped from leaving India - airport official
    Reuters2 days ago

    Jet Airways founder Naresh Goyal and wife stopped from leaving India - airport official

    The couple were taken into custody by immigration officers, the Indian Express reported, citing sources. Local media, citing sources, reported earlier this month that the ministry of corporate affairs had been looking into Jet's books and had asked for a corporate fraud investigation into the airline, suspecting that its promoters siphoned off funds. Once one of India's largest carriers, Jet was forced to ground all flights last month after running out of money and failing to secure funds, crippled by mounting losses as it attempted to compete with low-cost rivals.

  • Russian Central Bank boss on risk of global recession
    CNBC Videos20 hours ago

    Russian Central Bank boss on risk of global recession

    CNBC's Geoff Cutmore discusses the risk of global recession with Elvira Nabiullina and concerns of political interference on central bank independence around the world.

  • TheStreet.com22 hours ago

    Micron Bears Have Some Serious Soul Searching to Do Now

    Inevitably, reality sets in, and the market comes crashing down, as it did last year, taking Micron stock with it. Just look how much money some people lost, the bears say, in Micron's 50% decline from its 52-week high of $64.66, on June 1 of last year, to a recent $34.02. Things can get worse for Micron's earnings estimates, but that doesn't mean the stock will continue to crater.

  • U.S Mortgages – Mortgage Rates Fall for a 4th Consecutive Week
    FX Empireyesterday

    U.S Mortgages – Mortgage Rates Fall for a 4th Consecutive Week

    Mortgage rates fell for a 4th consecutive week in the week ending 23rd May. 30-year fixed rates fell by 1 basis point following on from a 3 basis point fall from the previous week. The 1 basis point fall took 30-year rates to 4.06% according to figures released by Freddie Mac. Following the weekly fall, 30-year fixed rates stood 60 basis points below levels from 12-months ago.

  • Market welcoming Fiat-Renault merger talks, expert says
    CNBC Videos4 hours ago

    Market welcoming Fiat-Renault merger talks, expert says

    Arndt Ellinghorst, head of global automotive research at Evercore ISI Group, discusses merger discussions between Fiat Chrysler and Renault.

  • 10 Canadian Marijuana Stocks for Your Portfolio
    Investopedia10 hours ago

    10 Canadian Marijuana Stocks for Your Portfolio

    Aurora Cannabis Market Cap: $12.300B Aurora Cannabis Inc. OTC: ACBFF) debuted on the Canadian venture stock exchange (TSX) in October 2016. In addition to producing dry cannabis, Aurora received a license to sell cannabis oil in January 2017.

  • TheStreet.com2 days ago

    2 Strategies for Tapping Into Dividend Royalty

    The answer is a firm "no." Companies can qualify for the Dividend Kings provided they have 50 years plus of quarterly dividend increases each year, or the Dividend Aristocrats should they increase the quarterly dividends paid to shareholders for at least 25 years. Should a company fail to boost its quarterly dividend one year, it's off the list, but in examining these year-over-year increases they don't need to be big ones to qualify and continue to earn a passing grade. The number of changes to the Dividend Kings list is rather few and far between compared to the Aristocrats, which can see some changes year to year.

  • NBC's Natalie Morales had an 'eye-opening' job at a bank before journalism
    Yahoo Finance18 hours ago

    NBC's Natalie Morales had an 'eye-opening' job at a bank before journalism

    Chemical Bank came to my college at Rutgers, recruited me because I speak Spanish, Portuguese, and was a journalism major and writer,” she told Yahoo Finance's “My Three Cents with Jen Rogers. So I kind of went into the job thinking, 'If this gives me greater appreciation and understanding of finance, then I'm getting sort of a paid-for MBA out of this,' which is what it ended up being,” she said. Morales joined the management training program at the famed Chemical Bank not long before it merged with Chase Manhattan Bank, now JP Morgan Chase (JPM).

  • TheStreet.com22 hours ago

    Buy Alibaba Shares on the Dip, Says Stifel, Adding It to Select List

    The recent decline in Alibaba shares represents a good buying opportunity, wrote Stifel analyst Scott Devitt on Friday, adding the Chinese e-commerce giant to the company's Select List of top investments. The stock has fallen 20% to $156 a share since the close on May 3, the last trading day before President Trump imposed higher tariffs on Chinese goods just as the market was pricing in optimism a trade deal would be agreed on. Devitt noted the stock is down 12% since May 15 when Alibaba reported a stellar earnings report in which it beat earnings per share estimates by 33% on the back of explosive revenue growth in cloud computing and strong performance in its core e-commerce business.

  • Newly legalized hemp industry set to create a jobs boom in the US
    CNBC2 days ago

    Newly legalized hemp industry set to create a jobs boom in the US

    A provision in the 2018 Farm Bill makes hemp, marijuana's no-buzz cousin, no longer a federally illegal substance. It allows farmers and other cultivators to grow the leafy, lanky plant and sell its harvest to processors so they can make hemp-based products ranging from foods, beverages and cosmetics to paper, clothing and building materials. Twenty-four states have hemp farming.

  • The Differences Between 401(k) and 403(b) Plans
    Investopedia2 days ago

    The Differences Between 401(k) and 403(b) Plans

    k) vs. 403(b): An Overview Named after sections 401(k) and 403(b) of the tax code, respectively, both 401(k) plans and 403(b) plans are qualified tax-advantaged retirement vehicles offered by employers. The primary difference between the two is the type of employer sponsoring the plans — 401(k) plans are offered by private, for-profit companies, whereas 403(b) plans are only available to nonprofit organizations and government employers. Another key difference between 403(b) and 401(k) plans lies in the investment options each offer, although that distinction is lessening over time.

  • Seadrill's Plunge Deepens After Analysts Slash Target by 88%
    Bloomberg33 minutes ago

    Seadrill's Plunge Deepens After Analysts Slash Target by 88%

    Seadrill Ltd. plunged to the lowest since it emerged from bankruptcy less than year ago after Carnegie Investment Bank AB recommended selling the shares and slashed the price target by 88% amid mounting recovery concerns. The offshore rig market recovery is “not happening fast enough” for Seadrill, Carnegie said in a note to clients on Monday. The investment bank cut its recommendation from a buy and lowered the target price to 25 kroner from 210 kroner.

  • Fiat Chrysler proposes 50-50 merger with Renault
    TechCrunch6 hours ago

    Fiat Chrysler proposes 50-50 merger with Renault

    Fiat Chrysler Automobiles has proposed merging its business with Renault that, if accepted, would create the third largest global automaker with 8.7 million in annual vehicle sales. FCA delivered Monday a non-binding letter to Renault's board that proposes combining the business as a 50-50 merger. FCA's proposal illustrates the growing desire among automakers to consolidate, or form partnerships, in an environment of increasing regulatory pressure, declining sales and rising costs associated with next-generation technologies such as autonomous vehicle technology.

  • Botched your tax withholding in 2018? It's about to get more complicated
    CNBC2 days ago

    Botched your tax withholding in 2018? It's about to get more complicated

    The IRS plans to soon release a draft of its new Form W-4, which you will be able to use to adjust your tax withholding for 2020. That new form may require taxpayers to assemble additional pieces of information, including data on other sources of income and the amount their spouse makes, a payroll company executive said. If you were unhappy with your 2018 tax return results, now is the time to plan for the remainder of 2019.

  • Oil rises to $69 as Mideast tension and supply cuts offset trade concerns
    Reuters2 hours ago

    Oil rises to $69 as Mideast tension and supply cuts offset trade concerns

    Oil rose to about $69 a barrel on Monday, supported by Middle East tensions and OPEC-led supply cuts, though concern over the U.S.-China trade dispute and global economy capped gains. Supply cuts - both voluntary by the Organization of the Petroleum Exporting Countries (OPEC) and allies, plus those resulting from U.S. sanctions - have helped Brent crude, the global benchmark, rise by 29 percent this year. "The main factor preventing the market from going higher on the geopolitical news is really the concern about the global economy," said Petromatrix oil analyst Olivier Jakob.

  • U.S.-China trade, Costco earnings — What to know in the week ahead
    Yahoo Finance22 hours ago

    U.S.-China trade, Costco earnings — What to know in the week ahead

    Last week, the Dow closed lower for the fifth straight week, and it could be another turbulent week for markets as investors continue to monitor negotiations progress between the U.S. and China. The recent incoming economic data in the U.S. has been weak and thus is pointing to a soft second quarter. What surprises us is that, despite these signs of a rapid slowdown in US economic growth and the renewed escalation in trade tensions, the S&P 500 has held up surprisingly well,” Capital Economics wrote in a note Friday.

  • VW to Rework $56 Billion Battery Push on Samsung Deal Risk
    Bloomberg38 minutes ago

    VW to Rework $56 Billion Battery Push on Samsung Deal Risk

    Volkswagen AG is making changes to its battery-purchasing plan worth about 50 billion euros ($56 billion) over concerns one if its supply deals, with Samsung SDI Co. Ltd., might unravel, according to people familiar with the matter. Samsung initially agreed to deliver batteries for just over 20 gigawatt hours, enough to power 200,000 cars with 100 kilowatt hour packs, before different views on production volume and schedule emerged during detailed negotiations, said the people, who asked not to be identified as the talks are confidential. The impasse cut pledged supplies to less than 5 gigawatt hours, they said.

  • Benzinga2 days ago

    Barron's Picks And Pans: Boston Beer, MGM, Target, Visa And More

    This weekend's Barron's cover story takes a look at digital payments giants. Other featured articles review the top dividend payers of the first quarter; placing bets on the future of tech; tariffs and the price of beer. Also in the issue: the prospects for a lagging hospitality giant, an agriculture spinoff and two very different retailers.