• I owe how much? Americans shocked by impact of new tax law
    Associated Press2 hours ago

    I owe how much? Americans shocked by impact of new tax law

    The first tax filing season under the new federal tax law is proving to be surprising, confusing — and occasionally frightening — for some Americans, especially those accustomed to getting money back from the government. Take Andy Kraft and Amy Elias of Portland, Oregon. The nonpartisan Tax Policy Center projected the tax law would reduce individual income taxes by about $1,260 on average, although it benefits higher earners more.

  • Bitcoin Gets a Boost From JPMorgan's Embrace of Cryptocurrencies
    Bloomberg4 hours ago

    Bitcoin Gets a Boost From JPMorgan's Embrace of Cryptocurrencies

    Bitcoin is approaching $4,000 for the first time since the start of the year, as the largest cryptocurrency gets a delayed boost from the announcement last week that JPMorgan has developed a prototype digital coin that it plans to use to speed up payments between corporate customers. What some people have pointed to is that because they're using distributed ledger technology and they're calling it a cryptocurrency, that could have a positive effect on the industry,” said Mati Greenspan, senior market analyst at eToro in Tel Aviv.

  • 4 Red Flags The S&P May Pull Back Sharply
    Investopedia2 hours ago

    4 Red Flags The S&P May Pull Back Sharply

    The most widely-followed barometer of the U.S. stock market, the S&P 500 Index (SPX), has staged a dramatic recovery from its December low, but a key technical indicator suggests that the S&P's rally -- and the broader market rebound -- may lose steam. "This area right here makes me very nervous because there's actually four significant technical levels here," says Todd Gordon, founder of TradingAnalysis.com. "The 200-day moving average right here--we have tried it once, twice, three, coming back on a fourth time," he told CNBC Adam Kobeissi, founder and editor-in-chief of The Kobeissi Letter, has a similar view.

  • PG&E Calls Hot on Bullish Citi Prediction
    Schaeffer's Investment Research1 hour ago

    PG&E Calls Hot on Bullish Citi Prediction

    The stock was last seen 15.4% higher to trade at $17.86, and is on pace to topple its 50-day moving average for the first time since early November -- before the security suffered multiple bear gaps. The $18-$19 area, though, is where PCG landed after an January bear gap, and contained the stock's downside momentum in mid-November. This region could now act as a speed bump for the equity.

  • Self-Driving Cars Might Kill Auto Insurance as We Know It
    Bloomberg11 hours ago

    Self-Driving Cars Might Kill Auto Insurance as We Know It

    With more than 90 percent of accidents caused by human error, taking the driver out of the equation is going to mean big changes for insurers. This comes up in every strategic conversation,” said Michelle Krause, senior managing director in Accenture's insurance client service group. The major carriers “are very focused on understanding the technology behind [automation] and what opportunities are available for them.

  • Honeywell-Pratt venture protests U.S. Army's contract to GE
    Reuters47 minutes ago

    Honeywell-Pratt venture protests U.S. Army's contract to GE

    A joint venture of Honeywell International Inc and Pratt & Whitney on Tuesday protested the U.S. Army's decision to award General Electric Co a contract for new Black Hawk and Apache helicopter engines. The protest was filed by the joint venture Advanced Turbine Engine Company (ATEC) with the Government Accountability Office (GAO), the engine maker said in a statement. "In our review of the evaluation, we clearly offered the best value through a combination of a highly rated and technically superior engine that was judged to be much lower risk, and believe we did so significantly under the government's budget," ATEC President Craig Madden said.

  • Illinois may tax private retirement funds to pay public worker pensions
    Fox Business Videosyesterday

    Illinois may tax private retirement funds to pay public worker pensions

    FOX Business' Jeff Flock on the impact of Illinois' proposal to tax private retirement funds to pay for public workers' pensions.

  • Crude Oil Price Update – Trader Reaction to $56.62 Will Set Tone Today
    FX Empire6 hours ago

    Crude Oil Price Update – Trader Reaction to $56.62 Will Set Tone Today

    The main trend will change to down on a move through $51.62. The minor trend is up. A move through $53.51 will change the minor trend to down.

  • Fox Business5 hours ago

    How to protect yourself from skimming at the gas pump

    CompareCards.com says credit and debit card skimming is a growing threat to consumers at the gas pump. Skimming is type of fraud where criminals steal data through bogus card readers they attach to payment terminals at gas stations. Once you use your debit or credit card at the fake card reader, criminals can steal your personal information or use it to make purchases online.

  • USA TODAY6 hours ago

    I found a hidden camera in my office breakroom at work. Is that legal? Ask HR

    Anonymous Johnny C. Taylor, Jr.: I can understand your surprise at finding a surveillance camera in your office breakroom, but employers are generally permitted to monitor most areas of the workplace. It is not uncommon for employers to use video surveillance to minimize theft, alcohol and drug use, and attendance problems and to also identify unsafe working conditions and provide data security. Video monitoring – more common in larger companies and industries such as banking, real estate and insurance – also can provide evidence of any crime that might occur at the worksite.

  • NerdWallet2 hours ago

    Don't Let a Car Dealer's 'Yo-Yo' Financing Scam Reel You In

    If you buy a new or used car, and a few days later the dealer tells you there's been a problem with your financing, alarm bells should go off. You might be the victim of a “yo-yo” financing scam — so called because you're pulled back into the dealership to renegotiate the deal at a higher interest rate and worse loan terms. Such scams are a twist on what's known as a “spot delivery” in which the customer drives off in a car while the dealer continues shopping for their financing.

  • Walmart has something Amazon can't compete with
    Yahoo Finance1 hour ago

    Walmart has something Amazon can't compete with

    Those numbers dwarf Amazon, which has been expanding similar services from Whole Foods Market through Prime Now to 60 U.S. metro areas with grocery delivery and over 20 metros with pickup service. Amazon said it plans to expand, but it's hard for them to catch up to Walmart, which revealed efforts to grow grocery deliveries to more than 300 metro areas by the end of this year. We will continue to play and innovate as we shape the future of our omni retail.

  • CNBC2 hours ago

    Why Warren Buffett's right-hand man, Charlie Munger, wouldn't hire Elon Musk

    Billionaire investors Warren Buffett and his right-hand man, Charlie Munger, are both famously risk averse . Munger, who reportedly has a net worth of $1.7 billion , took a light-hearted shot at fellow billionaire Musk while answering questions last week at the annual meeting of the newspaper publishing company Daily Journal Corp, as  the Observer pointed out . A shareholder of the company asked Munger, who serves as chairman, about his  long-held maxim that he would rather work with someone who has a 130 IQ, but thinks it's 120, as opposed to someone with an IQ of 150 who thinks their IQ is 170.

  • U.S.News & World Report2 hours ago

    How to Invest in Real Estate Without Buying Property

    One of the biggest advantages of REITs is that they allow you real estate exposure without the need to manage that real estate yourself. On top of that, some of the other advantages include: -- Low correlation with stocks and bonds, so you can add a layer of diversity to your portfolio. They pay 90 percent of income back to investors in the form of dividends.

  • Insulet (PODD) Reports Next Week: Wall Street Expects Earnings Growth
    Zacksyesterday

    Insulet (PODD) Reports Next Week: Wall Street Expects Earnings Growth

    The market expects Insulet (PODD) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2018. The earnings report, which is expected to be released on February 25, 2019, might help the stock move higher if these key numbers are better than expectations. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

  • Some franchisees are irked with McDonald's Uber Eats delivery system
    American City Business Journals4 hours ago

    Some franchisees are irked with McDonald's Uber Eats delivery system

    McDonald's (NYSE: MCD) has paired with Uber Eats, Uber's food delivery app. According to the company, "McDonald's has partnered with Uber Eats to get food delivered to hungry customers, allowing you to track your order, customize your drop off location, and use the same account you use to take rides." McDonald's launched its food delivery partnership with Uber Eats in the spring of 2017 But that "McDelivery" system isn't applauded by all of the company's franchisees.

  • Health Savings Account Rules: 6 Little-Known HSA Tips That Will Save You Money
    Investor's Business Daily Video35 minutes ago

    Health Savings Account Rules: 6 Little-Known HSA Tips That Will Save You Money

    Health Savings Account Rules: 6 Little-Known HSA Tips That Will Save You Money

  • Angela Merkel and U.S. Auto Makers Voice Concerns as Trump Receives Key Car Tariff Report
    Fortuneyesterday

    Angela Merkel and U.S. Auto Makers Voice Concerns as Trump Receives Key Car Tariff Report

    Commerce Secretary Wilbur Ross has made his recommendations to President Donald Trump about whether foreign car imports constitute a “national security risk” to the U.S. It's not yet clear what's in the recommendations—submitted Sunday, hours before a 270-day deadline expired—as they have not been made public. However, many expect the Commerce Department to back up the assertion that car and car-part imports constitute a threat. This would allow the Trump administration to lash out with new tariffs.

  • The Most Mindnumbing of Office Tasks Made One Man $360 Million
    Bloomberg3 hours ago

    The Most Mindnumbing of Office Tasks Made One Man $360 Million

    The former SoftBank Group Corp. employee was an early mover into what's called robotic process automation, the use of software bots to automate repetitive operations. The Japanese entrepreneur stumbled into the business by chance, turning to it as a last resort when his consulting firm was on the ropes during the financial crisis. Takahashi's company -- now called RPA Holdings Inc. -- listed last year on the Tokyo Stock Exchange.

  • Amazon is reportedly merging its China import unit with NetEase
    TechCrunch8 hours ago

    Amazon is reportedly merging its China import unit with NetEase

    You'd be forgiven for not knowing Amazon has operated in China for more than a decade, but perhaps not for much longer. The company is reportedly in talks to merge its China-based import business with local peer Kaola, the cross-border shopping platform run by Chinese internet behemoth NetEase, Caijing reported (link in Chinese) on Tuesday. The deal, which NetEase initiated and will occur through a stock swap, had been signed at the end of 2018 but negotiations had been difficult, sources told Caijing.

  • Is Red Hat (RHT) a Solid Growth Stock? 3 Reasons to Think " Yes "
    Zacksyesterday

    Is Red Hat (RHT) a Solid Growth Stock? 3 Reasons to Think " Yes "

    While the historical EPS growth rate for Red Hat is 21.5%, investors should actually focus on the projected growth. The company's EPS is expected to grow 17.7% this year, crushing the industry average, which calls for EPS growth of 11.9%. Cash Flow Growth While cash is the lifeblood of any business, higher-than-average cash flow growth is more important and beneficial for growth-oriented companies than for mature companies.

  • TheStreet.comyesterday

    How Much Do You Have to Make to File Taxes in 2019?

    Income-based tax requirements will be dependent on how you plan on filing a tax return. Inevitably whether you'll need to file a tax return who have to do with whether you're income can even make it past the first tax bracket and how much more if so, but those tax brackets vary depending on how you file. Single: If you are single and under the age of 65, the minimum amount of annual gross income you can make that requires filing a tax return is $12,000.

  • TheStreet.comyesterday

    The Best Online Tax Filing Software for 2019

    Tax filing software makes a taxpayer's IRS filing experience easier to manage, while hunting down every dime's worth of tax breaks and deductions so consumers can keep more cash in their pocket, and less in Uncle Sam's. Which online tax software works best for you? If so, you can prepare and file your taxes using the IRS' free tax filing program (called IRS FreeFile) which is available to taxpayers who qualify.

  • TheStreet.comyesterday

    How to Maximize Your Tax Returns in 2019

    With April 15 the tax deadline, the clock is ticking on ways Americans can keep more of their hard-earned money in their pockets -- and less of it in Uncle Sam's. The problem is, U.S. taxpayers have historically left too much tax return money on the table -- mostly because they haven't taken or known about all the breaks and deductions that were allowable. Furthermore, the report states that American taxpayers routinely sell themselves short on their tax returns, walking away from money they could have saved, especially in key areas like retirement savings and claiming U.S. government tax deductions and benefits.

  • FICO 5 vs. FICO 8: What Are the Differences?
    Investopedia22 hours ago

    FICO 5 vs. FICO 8: What Are the Differences?

    FICO Score 5 FICO score 5 is one alternative to FICO score 8 that is prevalent in auto lending, credit cards, and mortgages. In particular, FICO score 5 is widely represented in the mortgage industry. The information inside a borrower's FICO 5 comes exclusively from the credit reporting agency Equifax.