• Huawei CFO seeks bail on health concerns; Canada wants her in jail
    Reuters10 hours ago

    Huawei CFO seeks bail on health concerns; Canada wants her in jail

    TORONTO/BEIJING (Reuters) - The CFO of China's Huawei Technologies Co Ltd [HWT.UL] argued that she should be released on bail while awaiting an extradition hearing, citing her longstanding ties to Canada, properties she owns in Vancouver and fears for her health while incarcerated, court documents showed on Sunday. Huawei Chief Financial Officer Meng Wanzhou is fighting to be released on bail after she was arrested on Dec. 1 in Vancouver at the request of the United States.

  • Bloomberg2 days ago

    Here's How Much Lance Armstrong Made on Early Uber Investment

    An investment in a venture capital fund that bought into Uber Technologies Inc. has proved to be a lifeline for the disgraced cyclist. Armstrong in 2009 invested $100,000 in Chris Sacca’s newly started Lowercase Capital, CNBC reported.

  • These Lowe’s stores are closing in the next three months
    MarketWatch22 hours ago

    These Lowe’s stores are closing in the next three months

    Lowe’s Companies said Monday that it will close 51 underperforming stores and other locations, including 20 stores in the U.S., as part of its plan to focus on its most profitable stores. The stores being closed in the U.S. are located across 13 states

  • Here’s what smart rich people really do with their nest egg
    MarketWatch18 hours ago

    Here’s what smart rich people really do with their nest egg

    Most people think they’re above average in intelligence, relationship status and professional achievement. Social scientists call this “illusory superiority.” My business partner Scott Puritz, has found the one area where even above-average people, objectively smart, rich, successful professionals, seem to wave the white flag and admit to not understanding — money and investing. “One of the most shocking things is the low-level financial literacy throughout our culture,” Puritz told the Washington Post.

  • CNBC21 hours ago

    Leaving an IRA to a loved one? How to avoid a tax bomb

    Naming a trust as a beneficiary of your retirement account can help protect heirs who are minors, disabled or vulnerable to creditors. Failing to correctly structure your trust could accelerate the liquidation of your IRA, resulting in a massive taxable distribution. Remember: Trusts only need $12,500 of taxable income in 2018 ($12,750 in 2019) in order to be subject to the top tax rate of 37 percent.

  • Kevin O’Leary is right about cars, and his logic can save your retirement
    MarketWatch2 days ago

    Kevin O’Leary is right about cars, and his logic can save your retirement

    I’m a big fan of “Shark Tank,” the CNBC show where successful entrepreneurs listen to young hopefuls pitch the next big thing — and maybe buy a piece of the action. Of course I would be. As an entrepreneur myself I totally get where they’re coming from

  • White House's Peter Navarro on John Kelly, stock market drop
    Fox Business Videos22 hours ago

    White House's Peter Navarro on John Kelly, stock market drop

    White House National Trade Council director speaks out on 'Sunday Morning Futures' on the chief of staff shakeup and trade fears rattling U.S. stock market.

  • Suze Orman has a killer question for your retirement
    MarketWatch18 hours ago

    Suze Orman has a killer question for your retirement

    Suze Orman is one of those singular personalities in the financial business who seems to be right on the pulse of everyone she meets. She’s written books, starred in her own television show and made innumerable appearances in person. Like Oprah

  • Stocks may be tanking but don't leave them in the doghouse
    Yahoo Finance1 hour ago

    Stocks may be tanking but don't leave them in the doghouse

    None in the smart money camp Yahoo Finance have chatted with have a definitive reason for why stocks have gotten pounded in the often seasonally strong month of December. All the prognosticators have are a drumbeat of themes rather than catalysts, which

  • How the rich get richer in every type of stock market
    MarketWatch2 days ago

    How the rich get richer in every type of stock market

    Nine years in, the bloom is decidedly off the rose for U.S. stock investors While experts disagree whether we’re in a bear market, volatility is definitely back in a big way. Stock indexes have fallen by hundreds of points, recovered, then fallen

  • The Real Implications Of The New Permian Estimates
    Oilprice.com15 hours ago

    The Real Implications Of The New Permian Estimates

    This week the United States Geological Survey (USGS) announced a groundbreaking oil and gas discovery in West Texas’ Permian Basin. According to the organization’s recent press release, a whopping 46.3 billion barrels of oil, 281 trillion cubic feet of natural gas, and 20 billion barrels of natural gas liquids are now believed to lie untapped in the Wolfcamp Shale and overlying Bone Spring Formation area of Texas and New Mexico’s Permian Basin. Major players in the energy industry already have a significant presence in Wolfcamp and Bone Spring, including Occidental Petroleum Corp. and Pioneer Natural Resources Co. It was already well known and well documented that these fields were remarkably fertile grounds for oil extraction, but the jaw-dropping extent of the new figures released this week by the USGS has made the massive crude and shale reserves of the Permian Basin freshly headline-worthy.

  • TheStreet.com2 days ago

    A Blue-Chip, High-Yield Dividend Aristocrat Made to Order for Income Seekers

    High-quality dividend growth stocks, including the Dividend Aristocrats , have obvious appeal. Income investors such as retirees who desire higher levels of investment income for their portfolios should consider the list of Dividend Aristocrats. The Dividend Aristocrats represent the cream of the crop of dividend growth stocks, as they have increased their dividends for at least 25 consecutive years or longer.

  • Elon Musk Blasts SEC, United Auto Workers in ‘60 Minutes’ Interview
    Bloomberg3 hours ago

    Elon Musk Blasts SEC, United Auto Workers in ‘60 Minutes’ Interview

    Musk, 47, told anchor Lesley Stahl that none of his tweets have been censored since he reached a settlement with the U.S. Securities and Exchange Commission in October. Musk added that he’s abiding by the SEC’s terms because he respects the justice system.

  • Investors in ‘Get-Me-Out-of-Here Mood’ as Asian Stocks Spiral
    Bloomberg4 hours ago

    Investors in ‘Get-Me-Out-of-Here Mood’ as Asian Stocks Spiral

    The sell-off in global equities deepened in Asia hours after Chinese economic data released over the weekend signaled a further weakening of both domestic and international demand in November. Adding insult to injury, tensions have ratcheted up after the arrest of Huawei Technologies Co. Chief Financial Officer, with China’s Vice Foreign Minister having summoned the U.S. Ambassador to China in a protest over her capture on Saturday. Australia was the worst performer in the region with Japan’s, whose economy shrank more than forecast, while China’s stocks dropped with the offshore yuan weakening for a fourth day.

  • Why Are Home Sales Slowing?
    Morningstar2 hours ago

    Why Are Home Sales Slowing?

    Brian Bernard says there's more to housing demand than just rising prices and higher mortgage rates, but we are bullish on our long-term housing outlook.

  • TheStreet.com19 hours ago

    7 Bold Tech Stock Predictions for 2019

    Get ready for a wild 2019 for tech stocks and the FAANG names in particular. Last year, he accurately predicted that Amazon would choose the Washington, DC area for one of its HQ2 locations, arguing that would clearly be the choice of CEO Jeff Bezos, who has a house nearby and owns the Washington Post. On Monday, Galloway made roughly 19 predictions and recommendations about the tech industry in 2019, although not all of them were about tech stocks specifically.

  • 7 year-end tax tips to boost your refund
    CNBC2 days ago

    7 year-end tax tips to boost your refund

    The new tax law has put a whole new spin on year-end tax planning, though it hasn't eliminated the need to do it altogether. "The tricks we had in our back pocket have been taken away in the name of simplification," said Nathan Smith, a director in the national tax office of CBIZ MHM in Tampa. Now, an individual will need total itemized deductions to exceed $12,000, the new standard deduction for individual taxpayers, up from $6,350.

  • Huawei CFO Cites $12 Million Home and Health Troubles in Bail Bid
    Bloomberg7 hours ago

    Huawei CFO Cites $12 Million Home and Health Troubles in Bail Bid

    In court filings, her attorneys paint a picture of a cancer survivor who’s undergone multiple surgeries and needs daily medication to cope with a plethora of health issues, while outlining how her entire family has deep roots in Vancouver, where she’s being held. The CFO’s bail hearing resumes Monday in the Canadian city after Friday’s proceedings yielded no result. The 46-year-old mother of four, accused of guiding a global effort to mask violations of sanctions on sales to Iran, has languished in jail since her arrest.

  • TheStreet.com2 hours ago

    Taking a Leap of Faith Is the Only Way to Invest Right Now

    Against my better judgement -- and every logical cell in my DNA that would advise me to avoid this course of action -- I feel it is time to take a leap of faith regarding the markets. One does not need to be a religious person to take a spiritual "leap of faith." The markets have been in a brutal range, violently whipsawing between 2600-2800. At the risk of sounding like Trump, the markets are on the cusp of some "very very" big meaningful technical levels.

  • Mark Cuban says the best investing advice he got when young was to be as poor as possible first
    MarketWatch2 days ago

    Mark Cuban says the best investing advice he got when young was to be as poor as possible first

    Mark Cuban once drove around a real hunk of junk — seriously. The billionaire Dallas Mavericks owner says the best pieces of investing advice he got when young was to be as poor as possible first. The “Shark Tank” star these days doles out a lot of advice to young entrepreneurs on CNBC but he says it doesn’t take a million-dollar idea to become rich.

  • These numbers show Suze Orman is right about needing $5 million to retire
    MarketWatch2 days ago

    These numbers show Suze Orman is right about needing $5 million to retire

    Suze Orman broke the internet earlier this month when she told the “Afford Anything” podcast that those buying into the FIRE movement (financial independence, retire early) better save at least $5 million to achieve that goal. “Her views ruffled a lot of feathers, but after crunching the numbers, I have to agree — $5 million sounds about right if you want to retire before the age of 60,” the Financial Samurai blog’s Sam Dogen said. Dogen says 40 is the absolute earliest he’d recommend anybody retire, although even then, that’s asking a lot out of your investments.

  • 3 charts suggest housing ‘bubble trouble’ with a tech meltdown ‘yet to come’
    MarketWatch2 days ago

    3 charts suggest housing ‘bubble trouble’ with a tech meltdown ‘yet to come’

    In fact, according to data provided by the National Association of Realtors, he points out inventory has more than doubled from a year ago. Richter says the red bars signal “bubble trouble” in the housing market. “They see the prices and they do the math with higher mortgage rates, and they walk,” Richter said.

  • This chart is scarier than the Dow plunging 1,150 points last week
    Yahoo Finance2 days ago

    This chart is scarier than the Dow plunging 1,150 points last week

    Close that Yahoo Finance Dow Jones Industrial Average chart (^DJI) for a second and pull up one of the financials if you want a good scare on the economy. The Dow plunged 1,150 points last week amid concerns over an inverted yield curve (it usually predicts a recession), mixed messages on President Donald Trump’s trade deal at the G20, an expected Fed rate increase, and ongoing fears on Apple’s outlook. Financials (XLF) were the worst-performing sector in the S&P 500 (^GSPC) last week, and some major bank stocks got crushed.

  • In your 50s and nothing saved for retirement? You're not alone
    CNBC2 days ago

    In your 50s and nothing saved for retirement? You're not alone

    Sidelined by illness, the economy or job loss, people in their 50s, 60s and even 70s often find themselves struggling to plan for retirement. Some declare they will just keep working forever, while others are taking steps to plan a retirement that may look different from the traditional one they’d envisioned decades earlier. A serious illness, not being prepared for a big stock market downturn or a sudden job loss can quickly jettison dreams of a sunny retirement.

  • 3 last-minute tax deductions you can still squeeze in this year
    Yahoo Finance2 days ago

    3 last-minute tax deductions you can still squeeze in this year

    How Americans feel about the Trump administration’s tax overhaul continue to be mixed. In a recent Gallup Poll, nearly half (46%) of Americans approve of the changes that rolled out with the 2017 Tax Cuts and Jobs Act, which isn’t surprising considering only 64% said they haven’t seen an increase in their take-home pay. “I’m not sure everyone took the initiative to do that so your paycheck would’ve stayed the same,” Geltrude told Yahoo Finance.