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.
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. In a note on Monday, Rochester forecast that bitcoin would have a growing impact on energy markets, particularly coal.
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 .
Delayed retirement is becoming the new normal for more Americans. Sixty-three percent of those polled said they planned to work part-time in retirement, while 11 percent planned to continue working full-time. For some, the decision to delay retirement is a matter of personal preference.
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.
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.
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) .
One of the biggest stories on Wall Street this week will be at CSX Corporation (Nasdaq: CSX), where the company is mourning the sudden death of CEO Hunter Harrison. CSX stock had been a big winner in 2017 on Harrison's turnaround plan for the railroad, but dipped badly on Friday after CSX announced that the 73-year-old Harrison was taking a medical leave. On Saturday, CSX announced that Harrison died from "unexpectedly severe complications" from his illness.
After being one of the best-performing mega-cap stocks in the market throughout most of the year, Alibaba Group Holding Ltd (NYSE: BABA) stock is down 4.5 percent in the past month. MKM Partners analyst Rob Sanderson says there are three reasons why Alibaba shares have slumped, and investors should ignore all of them and buy BABA anyways. According to Sanderson, a large part of Alibaba's recent weakness can be attributed to sector rotation out of technology stocks.
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.
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
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
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.
Twitter shares are up after JPMorgan upgraded the company and called it a top idea for 2018. The company also said it will start acting on its previously announced rules banning hate speech on Monday. Shares of Twitter are up 7.31% to $24.01 after an upgrade from JPMorgan and saying it will begin enforcing its rules aimed at reducing hateful and abusive speech.
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.
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.
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.
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
Investor sentiment was lifted on Monday, boosted by optimism surrounding U.S. tax cuts. On Friday, Republicans released their final proposal to overhaul the country's tax system, which would look at slashing taxes for businesses, while trimming rates for individuals and modifying tax deductions. The House and Senate GOP are looking to pass the measure this week. Expectations that the tax bill will be approved boosted U.S. stocks on Friday and buoyed the Dow Jones industrial average more than 100 points Monday.
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
Monday was yet another record setting session for the major U.S. stock indexes with the Dow Jones Industrial Average, the S&P 500 and the Nasdaq all setting all-time highs. During the afternoon session on Monday, the Dow was trading around 24,800 points and within striking distance of its next 1,000 point record of 25,000. It was less than a month ago, on Nov. 30, when the Dow crossed the 24,000 point line for the first time in history.