Capital gains were largely unaffected by federal income-tax reform a couple of years ago, but recent rumblings suggest they could be put into play sooner or later. Capital gains are the profits that people earn on stocks, bonds, housing and other types of investments. Some Republicans would like to see capital gains indexed to inflation, which would mean people pay taxes on a smaller portion of their gains. Some Democrats want to see wealthy investors pay higher tax rates on capital gains, and sooner.
Luckily Goldman Sachs has released a report revealing its top value stocks right now. "While fundamentals will also determine the long-term trajectory of stocks, we use signals from options and credit markets to identify 20 value stocks from among those where our analysts' estimates show strong value scores," the firm's Vishal Vivek told clients recently. Indeed, as you will see below, all five stocks covered below show a 'Strong Buy' or 'Moderate Buy' consensus from Wall Street.
Ted Truscott is an early riser. The chief executive of Columbia Threadneedle Investments, the $468bn asset manager, is up regularly at 4am to catch up on emails and calls with colleagues. Four or five hours are all that I need,” says Mr Truscott with a broad smile.
Maria Bartiromo has been covering business news for 30 years, and she's got her eye on the next big wave: artificial intelligence. The Fox Business Network anchor, who recently re-signed with the network for a multiyear deal, is releasing an hour-long investigative documentary about artificial intelligence. The segment, which has been in the works for a year now, includes interviews with chief executive officers of major companies including IBM (IBM) and Ford.
Many pre-retirees anticipate retirement as an opportune time for kicking back and enjoying things they couldn't do while they were working. The trouble is that many of them are still operating under old assumptions—which Barron's explored in the article “3 Retirement Myths Debunked”—that if not corrected can severely crimp the lifestyle they hope to have. Beyond these, here are two other potentially debilitating assumptions that can break the retirement bank, if you aren't careful.
Deloitte, one of the “Big Four” accounting and audit firms, is testing a scheme where employees in its Luxembourg office can start paying for lunch using Bitcoin, according to a report from the Luxembourg Times. "We think it's good to have our employees assess this new technology," Laurent Collet, a partner at Deloitte, told the Luxembourg Times. But while employees are using the cryptocurrency, Deloitte has said it has no plans to accept payments from clients using Bitcoin.
Trading volumes at Binance have seen a nearly three-fold increase as volatility returns to the crypto markets. The number one crypto exchange has seen its daily trading volumes rise this week, from a low of $570 million to its current level of $1.5 billion—with a quarter of the trading made by just one pair, Bitcoin against Tether. While the sudden boom in trading is good news for Binance, it pails into comparison with the exchange's all-time daily trading high of $5.6 billion—when Bitcoin hit $14,000 in mid-June this year.
Is there a job out there that gives you a six-figure income, high job satisfaction and has enough job openings to make it a real possibility? The “Glassdoor Job Score” is determined by weighing three factors equally: Earning potential (median annual base salary), overall job satisfaction rating and number of job openings.
Kohl's is a high dividend stock and appears to be undervalued as well. Long-term investors are likely to be rewarded for being patient with Kohl's stock. Business Overview and Recent Earnings Kohl's is a department store operator, offering women's, men's and children's apparel, housewares, accessories and footwear in more than 1,100 stores across 49 states.
The streaming-media player's stock (ROKU) dropped 18.3% in very active afternoon trading, and has now shed 25.9% this week. This week's selloff was highlighted by Wednesday's 13.7% plunge, after Comcast Corp. (CMCSA) said it will start giving away its Xfinity Flex streaming-media player for free to those who subscribe to the cable operator's internet-only plans. On Friday, Pivotal Research analyst Jeff Wlodarczak sent a note to clients titled, “Is Roku Broku?,” as he started coverage of Roku with a sell rating and stock price target of $60, which is 45% below current levels.
AT&T acknowledges the faster-than-predicted decline at DirecTV. The problem is that AT&T lost 2.3 million TV customers in the past year, and expects to lose up to 350,000 more this quarter, Chief Financial Officer John Stephens said at a Sept. 11 investor conference. The division, including the online streaming service DirecTV Now, is being sued for allegedly misleading investors about its subscriber numbers, and its value today is below what AT&T paid for the business four years ago.
Ford Motor Co. (F), founded in 1919 by Henry Ford, is one of the world's most iconic companies and has been among its largest for decades. Ford was the only major U.S. automaker to emerge from the financial crisis without having dipped into the public well to stay viable. Despite its impressive history, the past five years have been tough for Ford.
Your top stocks to watch this week are several U.S.-listed China plays: Alibaba, Huya, ZTO Express, JD.com and New Oriental Education & Technology. Huya stock and ZTO Express stock are in buy zones right now. New Oriental Education stock and JD.com stock are close to buy points.
A Singapore-based subsidiary of Japanese trading giant Mitsubishi recently booked a $320 million loss after several unauthorized derivatives trades went sour, the company revealed in a Friday press release. The bank blamed the losses on a 'rogue trader' who allegedly manipulated the subsidiary's risk-management system, allowing him to place massive derivatives bets on the price of oil and disguise them as hedges similar to what JPMorgan did with the whole London Whale debacle. The trader had been taking unauthorized derivatives positions since January, but he suffered heavy losses over the summer as oil prices fell.
A Delaware judge ruled on Friday that Tesla Inc's board of directors must defend at a trial Chief Executive Elon Musk's multibillion dollar pay package, which a shareholder lawsuit said unjustly enriched the head of the electric vehicle company. Tesla estimated the 2018 compensation package was worth $2.6 billion when it received stockholder approval in March 2018, although stock analysts at the time said it could be worth up to $70 billion if the company - which has yet to post an annual profit - grew quickly. The compensation award includes no salary or cash bonus for the Silicon Valley billionaire Musk, but sets rewards based on Tesla's market value rising to as much as $650 billion over the next decade.
When it comes to retirement, the top city for retirees is Orlando, Florida, according to a new study by WalletHub. The study — which looked at 182 cities and evaluated them based on affordability, activities, quality of life, and healthcare — found that Orlando was the best pick for retirees, followed by Tampa, Florida and Scottsdale, Arizona. Orlando scored high marks for affordability — the state imposes no personal income tax, for one — and a wide range of activities for residents.
On Monday, CEOs of the world's largest oil companies are expected to speak at an event organized by the Oil and Gas Climate Initiative where they'll likely defend the idea that gas is integral to a low-carbon future. Greenhouse gas emissions have been on a flat-to-downward trend for the past decade. Thanks to fracking, which releases fossil fuels from hitherto impermeable shale rock, American gas is so abundant that producers can't find enough domestic demand and are rushing to export.
Aphria's CBD products are based on marijuana-derived hemp, so the Canadian-based company faced trade hurdles in addition to the legal patchwork in the States – but a shift to hemp-based product, or Federal legalization of CBD, will put Aphria in a strong position to expand its operations quickly. Writing of the company just after the quarterly report, Canaccord Genuity analyst Matthew Bottomley described the “solid rebound in cannabis revenues” as a “pleasant surprise,” and went on to note that increased efficiency in packaging and distribution had improved gross margins.
Saudi Aramco revealed the significant damage caused by aerial strikes on its Khurais oil field and Abqaiq crude-processing plant last weekend, and insisted that the sites will be back to pre-attack output levels by the end of the month. Aramco took reporters for a first look inside the facilities, where equipment was scorched and ruptured by the assault on Saturday. In one area lay a pile of debris -- a mess of oil melted to asphalt, twisted and charred metal grates, and pieces of fire hose -- that stank of tar.
The Federal Reserve announced Wednesday that its Open Market Committee had voted to cut the federal funds rate by 25 basis points to a range of 1.75% to 2%. The federal funds rate is the benchmark interest rate that banks use when lending to one another. Interest rates on loans and deposits are typically influenced by the Federal Reserve's decisions vis-à-vis the federal funds rate.
Jeff Remsburg Take Off Your Bear Market Blinders and Focus on These Propositions By Eric Fry, Fry's Investment Report A few days before the epic stock market crash of 1929, the renowned economist Irving Fisher declared, “Stock prices have reached what looks like a permanently high plateau … I expect to see the stock market a good deal higher within a few months. Seven decades after Fisher's infamous faux pas, another esteemed economist issued an equally misguided forecast. That economist was Federal Reserve Chairman Alan Greenspan.
You can shift money from a tax-deferred retirement account into an after-tax account—but how much tax do you pay on that Roth IRA conversion? And does it always make financial sense to do so? The biggest difference between Roth IRAs and tax-deferred retirement accounts like traditional IRAs and 401(k)s is when you pay the tax: · Traditional IRA and 401(k) contributions are tax-deductible the year you make them, and you pay income tax on withdrawals in retirement.
Ultralow interest rates have played a key role, and just this past week, the Federal Reserve cut its key federal-funds rate. Don't fight the Fed, right? The last recession was so severe that earnings underlying the S&P 500 index briefly turned negative, but even in an average recession, earnings can fall by close to a quarter.
The S&P 500 is officially in an earnings recession for the first time in three years, and the trend is expected to get worse in the third quarter. The entirety of the S&P 500 index (SPX) has reported results for the second quarter, showing an average earnings drop of 0.35%. Components posted a 0.29% decline in earnings per share in the first quarter, marking the first period of back-to-back declines since the second quarter of 2016.
The best Roth IRA investments are the ones that can take advantage of the way Roths are taxed. There's no upfront tax break on contributions, but your investments grow tax-free in a Roth IRA. To take full advantage of the way Roth IRAs are taxed, it's best to hold investments that would otherwise trigger substantial taxes.