The standard Medicare Part B monthly premium will be $134 in 2018, the same amount as in 2017. Here's a look at how much you can expect to pay for Medicare Part B premiums in 2018. Medicare Part B payments are prevented by law from reducing Social Security payments by Social Security's "hold harmless" provision.
The GOP tax plan could go into effect as early as January 1, 2018 if the final bill passes. Ahead of the changes, taxpayers can make end-of-year tax moves now, such as prepaying their property taxes for next year. If your property tax bill is greater than $10,000, you'll be able to deduct more by paying next year's bill early.
Berkshire Hathaway Inc.’s Class A shares touched $300,000 for the first time on Monday, another milestone for the conglomerate that Warren Buffett’s been building for more than half a century.The shares, which have never split, traded at $300,000 at
Pfizer's announcement comes ahead of the Trump administration's long-awaited bill to lower taxes. President Donald Trump and Republican leaders predict the tax cuts will encourage U.S. companies to invest more, boosting economic growth. In rolling out a share buyback program, the drugmaker joins several other businesses including Boeing Co , Anthem Inc and Bank of America Corp .
Many American workers are not preparing for retirement and it’s stressing them out, according to a study by the Employee Benefit Research Institute The study reports that 3 in 10 workers feel mentally or emotionally stressed about retirement preparation. With only 38% of workers having estimated how much monthly income they will need during retirement, it’s not difficult to see why. If you don’t want to be one of these stressed-out workers, take steps now to plan for your future. (For related reading, see: Why Plan for Retirement?) 8 Steps to Take Before Retiring Figure out how much money you will need to spend each month. Do this on an after-tax basis. A good place to start is how much you’re
America’s homebuilders haven’t felt this good since the last millennium. On Monday, the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) — more commonly known as homebuilder sentiment — hit an 18-year high of 74, topping expectations for a reading of 70 and well above last month’s reading of 69. This index is calculated on a scale of 1-100. Notably, confidence among America’s homebuilders is now at a higher level than it was at any point during the housing bubble.
Despite bitcoin's wild price moves, it's still not considered a risk to the financial system. China is the world's largest producer and consumer of coal, and it hosts more than half of the world's bitcoin-mining pools. While experts debate bitcoin's role in a world still dominated by fiat currencies, the real risk is how the cryptocurrency starts to affect other markets, according to Jordan Rochester, a foreign-exchange strategist at Nomura.
NEW YORK (AP) — U.S. stocks are making more gains Monday as investors react to the Republican tax plan, which could boost corporate profits and stock prices, as well as several corporate deals. Technology companies, banks and retailers and leading the
CNBC’s Jim Cramer and Fast Money Halftime guest host Mike Francesca discuss the current state of US markets with the traders.
The best way to watch for the next big market bubble is to watch tech companies, says Bank of America Merrill Lynch. In particular, investors should be watching for divergence between tech stocks and tech companies with high-yield credit ratings. For signs of the next big market bubble, your best bet is to watch tech companies.
Aerospace and defense group Thales has agreed to buy chipmaker Gemalto for 4.8 billion euros ($5.6 billion), trumping an earlier bid by fellow French firm Atos to expand in the fast-growing digital security market. The bidding race for Gemalto has come after a difficult year for the Franco-Dutch group in which profit warnings have hurt its share price and overshadowed its attempt to shift from a slowing market for phone SIM cards towards security services such as data encryption and biometric passports. "This is a terrific project," Thales CEO Patrice Caine told reporters on Sunday.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on Monday's trending stocks including Hershey (HSY) , Amplify Snack Brands (BETR) , Twitter (TWTR) , Snap (SNAP) and Procter & Gamble (PG) .
Urstadt Biddle Properties’ UBA board of directors has approved a 2% & 1.9% hike in quarterly dividend for its Common stock and Class A Common stock, respectively. The revised dividend for Common stock now comes in at 24 cents per share versus the previous figure of 23.5 cents and the revised dividend for Class A Common stock comes in at 27 cents per share compared to the previous payout of 26.5 cents per share. Based on the increased rate, the annual dividend for Common stock and Class A Common stock comes to 96 cents a share and $1.08 per share, resulting in an annualized yield of about 4.2%, and 4.7%, respectively, considering Urstadt Biddle’s closing price of $22.95 on Dec 15.
By April Joyner NEW YORK (Reuters) - U.S. stocks traded at record highs on Monday afternoon as the Republican tax plan, which is set to cut corporate tax rates, moved closer to passage. Earlier in the session, the Nasdaq surpassed the 7,000-point mark
Happy Holidays! We here at TheStreet, along with all the members of the Action Alerts PLUS team, wish you and yours a happy, healthy, financially successful holiday season. To aid in your financial success, we're giving you a free gift -- video clips from Jim Cramer's latest private conference call for members of his Action Alerts PLUS club for investors. You can watch for free as Cramer discusses all 14 of the core holdings in his charitable trust. So bookmark this page and consider it your ultimate cheat sheet and the perfect accompaniment to that glass of egg nog this holiday season. And as an added bonus, Cramer also had a comment or two in his latest monthly conference call about bitcoin.
Toyota Motor Corporation TM has shared its plans to popularize electrified vehicles for the period 2020-2030. This is in line with the company’s developmental strategy to launch hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs)
A deal meant to preserve a key source of financing for wind and solar developers in the Republican tax bill contains some hidden pitfalls that could undercut its benefit. "If Congress thought they were eliminating the trouble for renewables, they were wrong,” Greg Jenner, a partner at law firm Stoel Rives LLP, said in an email Monday. Tax lawyers such as Jenner are still unraveling the implications of the compromise bill that was released late on Friday.
With stocks at record highs, investors will keep their focus on tax reform and the goings-on in Washington, D.C. for the final full trading week of the year. Late Friday, Republican leadership released a draft of its plan to cut corporate taxes that could
Gold edged higher on Monday as uncertainty over U.S. tax reform weighed on the dollar, while an analyst said bullion may face renewed headwinds early next year. The dollar index fell, making dollar-denominated bullion cheaper for buyers using other currencies, as concerns grew over whether proposed U.S. tax reform would have a major impact on economic growth. "If the whole thing (tax reform) falls apart at the last minute, it would be hugely positive for gold, but I think that is unlikely," said analyst Carsten Menke at Julius Baer in Zurich.
By Jonathan Barrett Sydney (Reuters) - Australia's Aconex Ltd said on Monday it had received a A$1.56 billion ($1.2 billion), or A$7.80 in cash-per-share, buyout offer from U.S. software major Oracle Corp , sending the target's share price up 45 percent. Aconex said in a statement its directors unanimously recommended the offer, with shareholders of the cloud-based project management company scheduled to vote on the bid at a scheme meeting in March next year. The Australian company specializes in web-based project management software that allows input from different teams.
Woohoo! Under the final tax bill President Trump is poised to sign within days, my annual tax payment would drop by about $2,100, compared with what I paid in 2016. Instead, I’ll probably save it and try to earn a respectable rate of return, so I have the money on hand in the future if Congress has to raise taxes to fill the budget hole they’re creating by cutting taxes in 2017. House and Senate Republicans have now agreed on a final tax bill Congress seems likely to pass within days.
Delta CEO Ed Bastian attributes the recent spate of computer network failures at major airlines to the lack of investment over the past decade. Bastian believes technology is best used as a means to improve the customer experience at Delta. The airline industry is not known for making money.
How strong is demand for newly built homes? More than one-third of the new homes sold in October hadn’t even been started yet – the biggest such share since the housing bubble . And new homes in all stages of construction sold at the strongest pace in a decade last month. It’s that demand – stoked by years of lean supply – that drives much of the outlook for home builder stocks in 2018. “Revenues of the rated builders will grow faster than the macro estimates would seem to indicate and will exceed 10% growth in 2018,” wrote Moody’s Investors Service in a 2018 preview note. Read: These 3 stock screens can help find value amid a boom in U.S. housing shares To be sure, those macro estimates aren’t
In a surprise move, Procter & Gamble (PG) said it would add activist investor Nelson Peltz to its board. It’s shaping up to be a delicious merger Monday on Wall Street. First, Campbell Soup (CPB) is planning to buy Snyder’s Lance (LNCE), known for its Cape Cod chips and Snyder’s pretzels, in an all-cash deal worth nearly $5 billion.