• 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

    Financially speaking, though, car ownership today is a terrible idea, O’Leary said. You’re thinking about buying a car. Let me give you a new idea: Don’t,” O’Leary said on CNBC.

  • 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

    Keep more In this case, researchers looked at the performance of groups of investors in the Indian stock market. What they wanted to know was, how do the rich get richer in the stock market? The answer, simply enough, is that they take the long view, that is, they hold stocks through downturns.

  • You can contribute more to your 401(k) and IRA in 2019
    MarketWatch2 days ago

    You can contribute more to your 401(k) and IRA in 2019

    Deductions for these contributions are subject to income phaseout ranges, depending on their earnings and if they have access to a workplace retirement program: • For 2019, single taxpayers covered by a workplace retirement plan have a phaseout range between $64,000 and $74,000, which means anything below $64,000 is fully deductible and anything above $74,000 is not. For married couples filing jointly, where the spouse making the IRA contributions is covered by a workplace retirement plan, the phaseout range is $103,000 to $123,000.

  • H&M quarterly sales rise but doubts about turnaround weigh
    Reuters2 hours ago

    H&M quarterly sales rise but doubts about turnaround weigh

    H&M reported on Monday sales growth in the three months to November but doubts about the strength of recovery at the world's second-biggest fashion group sent its shares down. H&M's shares fell 5.9 percent by 0855 GMT, with the sector overall weighed down by Monday's profit warning from British online fashion group ASOS. "It is not completely clear given the softness of the prior year comparative whether or not H&M is experiencing a product-led recovery thanks to new management within the H&M concept," Societe Generale analyst Anne Critchlow said.

  • Benzinga17 hours ago

    Bulls & Bears Of The Week: Apple, AT&T, Exxon, Starbucks And More

    Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included a leading telecom and the FANG stocks. Bearish calls included a rival telecom giant and an oil supermajor.

  • Tesla puts more cars on sale to maximize $7,500 EV tax credit
    Engadgetyesterday

    Tesla puts more cars on sale to maximize $7,500 EV tax credit

    Tesla really, really wants to be sure buyers can make the most of the full $7,500 EV tax credit before it's cut in half for the company in 2019. Elon Musk has announced that the automaker is now selling "all" cars where the original customer can't take delivery before the end of 2018. If you're quick on the draw, you could get the full credit even if you're placing an order for the first time.

  • A 'dovish' rate hike by the Fed is expected, says investo...
    CNBC Videos7 hours ago

    A 'dovish' rate hike by the Fed is expected, says investo...

    Marc Franklin of Conning Asia Pacific discusses the "minimum" that the U.S. Federal Reserve needs to deliver at its upcoming meeting "in order to soothe markets."

  • TheStreet.com2 days ago

    Your Worst Enemy In a Bear Market Is Yourself

    Bear markets are inevitable but too often we are our own worst enemy when we must navigate one. In a upward trending bull market that is often a wise choice but when we are faced with corrective action like we have experienced for that last 2 ½ months it is recipe for pain. When we don't know what we are going to do then we react emotionally and that leads to poor decisions.

  • CNBC20 hours ago

    Five things you need to do before you pack your bags for an overseas retirement

    You can claim your Social Security benefits no matter where in the world you live, says Suzan Haskins , an International Living editor, so don't worry about losing eligibility. "You do not need to return to the States every few months, and the government does not require that you keep a U.S. address, although there are probably other very good reasons to do that," Haskins said. Many overseas banks will accept direct deposit of Social Security checks.

  • U.S. Student Loan Debt Sets Record, Doubling Since Recession
    Bloomberg2 hours ago

    U.S. Student Loan Debt Sets Record, Doubling Since Recession

    U.S. student loan debt outstanding reached a record $1.465 trillion last month and one particular set of borrowers is having a hard time paying back their loans, according to a Bloomberg analysis of student loan securitization data. This debt is raising fiscal risks. "Over 90% of student loans are guaranteed by the U.S. Department of Education, meaning that if a recession causes a rise in youth unemployment and triggers mass defaults, this contingent liability could prove burdensome for the U.S. government budget," said Paul Della Guardia, economist at the Institute of International Finance in emailed comments.

  • CNBC2 days ago

    Robinhood takes its 3 percent savings account back to the drawing board amid widespread criticism

    Robinhood is going back to the drawing board. Just a day after unveiling what it called checking and savings accounts, the financial technology startup said it is re-launching and re-naming the product, which came under immediate scrutiny from Wall Street and federal officials about potentially misleading investors. Robinhood said it would offer checking and savings accounts with an industry-leading 3 percent interest rate and no fees or account minimums.

  • How A NASA Scientist Could Trigger The Next Cannabis Boom
    Oilprice.com12 hours ago

    How A NASA Scientist Could Trigger The Next Cannabis Boom

    Just like major oil companies such as ExxonMobil or Royal Dutch Shell used their superior Big Data capabilities to streamline their supply chain and muscle their way to the top of the oil distribution chain, this company is positioning itself to become the “Vertical Integrator of Cannabis” by leveraging the first large-scale integration and automation drive in the medical cannabis industry Their operations require just 10 percent of the staff of a traditional operation And for now, it remains “little-known” because just as early investors failed to understand that Amazon was a technology company first and a retail operation second … the same thing could unfold in the cannabis sector.

  • The Wall Street Journal20 hours ago

    Small Banks Brace for Deposit Wars as Interest Rates Rise

    Three years after the Federal Reserve began raising rates from near zero, bank customers are starting to demand more interest on their deposits, particularly at small and regional U.S. banks. Many of these same banks ramped up lending after the financial crisis by adding long-term, low-rate loans. Now, as they pay out more to depositors, the rates they are earning on loans are barely moving.

  • Here’s what smart rich people really do with their nest egg
    MarketWatch2 days 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.

  • Want to Cut Your Tax Bill? Then Keep Reading and Call Your CPA
    Bloomberg3 hours ago

    Want to Cut Your Tax Bill? Then Keep Reading and Call Your CPA

    Bunching Expenses Owners of partnerships, limited liability companies and other pass-throughs received a large gift in the tax law -- a 20 percent deduction on their taxable income. But that write-off is subject to limitations starting at incomes of $315,000 for married couples. To get around that, pass-through owners can strategically “bunch,” or ramp up their expenses this year, which will help to lower their income and allow for the full deduction, according to Ed Reitmeyer, regional partner-in-charge of the tax and business services at accounting firm Marcum.

  • Benzinga17 hours ago

    Is A Santa Claus Rally On The Horizon?

    The Santa Claus rally is an upward momentum seen in the market during the last week of December that gives a nice lift to the market. "Santa Claus tends to come to Wall Street nearly every year, bringing a short, sweet, respectable rally within the last five days of the year and the first two in January," according to the Stock Trader's Almanac. Since 1950, the average gain for this period of the year has been 1.3 percent, and since 1969, it has generated positive returns 75 percent of the time.

  • TheStreet.com54 minutes ago

    Goldman Sachs Faces Criminal Charges Linked to Malaysia's '1MDB' Scandal

    Goldman Sachs shares are set to open at a fresh two-year low Monday after officials in Malaysia filed criminal charges against the bank and two of its former employees as part of an investigation into a multi billion dollar corruption scandal linked to a sovereign wealth fund. Malaysia's Attorney General, Tommy Thomas, said he would press for fines that were "well in excess" of the $600 million in fees received by Goldman Sachs, as well as the $2.7 billion that was allegedly misappropriated by 1Malaysia Development Bhd, or 1MDB, the sovereign wealth fund at the heart of the scandal. Two former Goldman Sachs employees, as well as two others connected to 1MDB, will face the criminal charges.

  • GE’s Power Business Is ‘Ground Zero’ as Market Awaits Rebuild
    Bloomberg2 hours ago

    GE’s Power Business Is ‘Ground Zero’ as Market Awaits Rebuild

    General Electric Co. is set to close out one of its worst years since the financial crisis, and 2019 may be another precarious one. The challenges are many and over the next few months, new Chief Executive Larry Culp will have to revamp GE’s power business, sort out liquidity problems arising from cash flow shortages and soaring financial liabilities, and resolve regulatory investigations. Those are tall orders even in a bullish or stable market, and tougher still in the midst of a possible economic slowdown, volatile oil prices and questions surrounding U.S.-China trade.

  • Benzinga2 days ago

    Barron's Picks And Pans: 2019 Picks, Emerging Markets, Small Caps And More

    This weekend's Barron's cover story takes a look the outlook for stocks in the coming year. Other featured articles reveal Barron's top picks for 2019, as well as some tech and emerging market picks. Also, how to find small-cap winners and what to expect from big dividend payers.

  • Investors Lose on Bonds, Stocks for First Time Since Crisis
    Bloomberg1 hour ago

    Investors Lose on Bonds, Stocks for First Time Since Crisis

    Corporate bonds and stocks are to set hand out annual losses on both sides of the Atlantic for the first time since the global financial crisis a decade ago. Fast-shifting narratives on interest rates and U.S.-China trade tensions have hit shares this year, while global credit is headed for the worst year in 10 as the withdrawal of central-bank stimulus increases focus on company-specific risks. It will be the first time since 2008 that buyers of stocks and credit both get negative returns, and only the second time since at least 1998, data compiled by Bloomberg show.

  • Burnout, stress lead more companies to try a four-day work week
    Reuters6 hours ago

    Burnout, stress lead more companies to try a four-day work week

    It sounds too good to be true, but companies around the world that have cut their work week have found that it leads to higher productivity, more motivated staff and less burnout. "It is much healthier and we do a better job if we're not working crazy hours," said Jan Schulz-Hofen, founder of Berlin-based project management software company Planio, who introduced a four-day week to the company's 10-member staff earlier this year. In New Zealand, insurance company Perpetual Guardian reported a fall in stress and a jump in staff engagement after it tested a 32-hour week earlier this year.

  • Suze Orman has a killer question for your retirement
    MarketWatch2 days 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 and Bono, she’s nearly a one-name-only celebrity.

  • TheStreet.com2 days ago

    Make This Dividend Aristocrat a Staple of Your Portfolio

    is a strong dividend stock for shaky markets. Kimberly-Clark is a very steady company, with a consistently profitable business model, even during recessions. The shares currently yield 3.5%, and the company has increased its dividend for over 40 years in a row.

  • GM Plans to Relocate at Least 1,100 Workers After Job Cuts
    Fortune2 days ago

    GM Plans to Relocate at Least 1,100 Workers After Job Cuts

    General Motors announced on Friday that at least 1,100 of its workers have volunteered to transfer to other North American factories after cuts to other GM factories. GM has about 2,700 job openings at U.S. manufacturing plants, including their Flint, Mich., truck plant and the Toledo transmission plant in Ohio. The company will also be providing training, tuition assistance, and retirement to eligible employees.