Teekay Corporation Reports Second Quarter 2023 Results

Fortune
Charlie Munger warned that a mega-mansion can make you ‘less happy’—and he lived in the same modest house for seven decades
The billionaire investor watched rich friends build “really fancy houses," but "in practically every case, they make the person less happy, not happier."
20h ago
USA TODAY
'We do not have insurance. We have an insurance bill': Condos hit with 563% rate increase
Tom Baker has written to all 160 Florida state lawmakers as well as 15 news organizations about condo owners dealing with huge insurance rate hikes.
1d ago
The Wall Street Journal
One Supreme Court Case Could Mess Up Chunks of the Tax Code
WASHINGTON—A case that could punch holes in the federal tax code heads to the Supreme Court on Tuesday. The court will hear arguments in Moore v. U.S., which challenges a piece of the 2017 tax law that imposed a one-time levy on profits that companies had accumulated outside the U.S. But its implications could reach much further, providing the justices an opportunity to define what Congress can tax under the Constitution—and what it can’t. Charles and Kathleen Moore argue that when the law passed, they hadn’t realized income from their investment in an India-based company and thus couldn’t be taxed.
2h ago
Business Insider
'It's time for a correction': The bull market in stocks may be on its last legs as consumers start to tap out
"The VIX is at 13, everyone's really happy, and it's time for either a correction or some sort of pullback as we enter the new year," Chris Harvey said.
2d ago
Business Insider
Here's a complete rundown of Wall Street's 2024 stock market predictions
From a potential economic recession to continuation of the ongoing bull market, here's what Wall Street expects to happen next year.
2d ago
Business Insider
Saudi Arabia could 'flush' the oil market with a flood of supply to regain control over prices in the face of rising US production, crude expert says
"We've more or less been saying potentially Saudi needs to just flush this thing out."
1d ago
SmartAsset
What's the Average Return on an All-Bond Portfolio Right Now?
Like all markets, bonds fluctuate. Your returns will be based on what you hold, when you buy it, tax treatment and other factors. While many choose to diversify their portfolios across stocks, bonds and other assets, an all-bond portfolio may allow for more predictability and income generation. You can also diversify an all-bond portfolio with different […] The post What’s the Average Return on an All-Bond Portfolio? appeared first on SmartReads by SmartAsset.
1d ago
SmartAsset
8 Tax Breaks Retirees Can Use in 2024
Imagine evenings spent on a sandy beach, weekends filled with family gatherings and afternoons engaged in hobbies. This or a number of other scenarios could be your retirement life. However, if you’re not properly prepared for taxes then it might end up taking more than you planned for from your fixed income. Luckily, the federal […] The post Common Tax Breaks for Retirees appeared first on SmartReads by SmartAsset.
1d ago
Business Insider
No one wants dividend stocks anymore as investors chase the tech rally
Investors purchased more than $100 billion worth of dividend ETFs from 2021 through 2022, compared to less than $1 billion worth in 2023.
1d ago
Benzinga
Wall Street banker pays $2 million sight unseen for coal mine then discovers it's filled with $37 billion worth of rare Earth elements
Former Wall Street banker Randall Atkins got a lot more than he bargained for when he paid $2 million for a Wyoming coal mine without even seeing it in 2012. At the time, he planned to make money selling coal from his mine to other plants. That was before he conducted a study in conjunction with the Department of Energy and discovered he was sitting on a treasure worth more than the gross domestic product (GDP) of some small countries. It turns out that his coal mine was also home to an estimate
2d ago
Fortune
Broadcom CEO tells VMWare workers to ‘get butt back to office’ after completing a $69 billion merger of the two companies
Broadcom CEO Hock Tan was unsparing in his expectations about remote work during a meeting with his new employees.
1d ago
Investor's Business Daily
Dow Jones Futures: Bullish Shift For Market Rally; ARM, Palantir Lead 7 Stocks In Buy Areas
The market rally is transforming into a broader advance, a bullish sign. Arm Holdings and D.R. Horton flashed buy signals Friday.
48m ago
Yahoo Finance
Chart of the Week: Where Wall Street sees the S&P going in 2024
Our chart of the week highlights the varied forecasts Wall Street strategists are predicting for the S&P 500's 2024.
1d ago
Reuters
Exclusive-Boeing eliminated from US Air Force's 'Doomsday Plane' competition
The U.S. Air Force has eliminated Boeing from its competition to develop a successor to the E-4B Nightwatch, Boeing confirmed on Friday, shaking up the battle to build the next version of the aircraft known as the "Doomsday Plane" due to its ability to survive a nuclear war. The move leaves privately-held defense contractor Sierra Nevada Corp as the lone company publicly vying for the Survivable Airborne Operations Center (SAOC) contract to eventually replace a fleet that has been in use since the 1970s. The Air Force, which plans to award a SAOC contract in 2024, declined to comment on whether other firms had submitted bids.
2d ago
Benzinga
Steve Jobs' Intern, Described As 'The Guy That Got The Coffee For The Guy That Made Coffee,' Sold His Own Company To Google For $625 Million — His Advice? Pay Employers To Let You Work For Them, Not Work To Get Paid
Chet Kapoor, who once described himself as "the guy who got coffee for the guy that made coffee," is now a pivotal figure in the technology landscape. He has advice for others who want to follow in his path. He suggests interning but offering to pay to work for admirable people. Once an intern for Steve Jobs, Kapoor shared insights with Fortune on his journey from a young dreamer to a highly successful entrepreneur. Don’t Miss: Funders on this alternative asset platform are earning more than 14%
2d ago
SmartAsset
5 Fantastic Ways to Enjoy Life After Retirement
For some people, retirement can feel a bit like the dog that caught the car. You've prepared for this moment your entire adult life, and you're certainly very happy to have gotten here but … well, now what? You've spent … Continue reading → The post Five Tips to Enjoy Life After Retirement appeared first on SmartAsset Blog.
1d ago
SmartAsset
What Happens If the U.S. Defaults on Its Debt?
The debt ceiling is a limit that Congress imposes on how much debt the federal government can carry at any given time. When the ceiling is reached, the U.S. Treasury Department cannot issue any more Treasury bonds, bills, or notes. It can only pay bills as it receives tax revenues. If the revenue isn’t enough, […] The post What Is the U.S. Debt Ceiling and How Can It Affect Your Finances? appeared first on SmartReads by SmartAsset.
1d ago
The Wall Street Journal
The Surprise Bill Coming to Those Who Underpay Their Taxes
The IRS is charging 8% interest on estimated shortfalls, up from 3% two years ago, one of the many effects of rising interest rates.
14h ago
Barrons.com
Now Is a Great Time for a TIPS Ladder. How to Build One.
If you think nothing good came out of our recent bout of inflation, consider Treasury inflation-protected securities, or TIPS. Less than two years ago a 10-year TIPS yielded negative returns. There’s a way for retirees to get guaranteed cash flow of more than 4% off their retirement portfolio, no matter how the market performs or how much inflation rises: Invest in a 30-year TIPS ladder.
1d ago
Investopedia
One Day, Your Roth IRA Gains Will Equal the Annual Contribution
The investments held in a Roth individual retirement account (Roth IRA) determine the return, not the interest rate. When you save for retirement in your Roth account, it’s important that you work toward a specific investment goal rather than just maximizing your yearly contributions to minimize your tax bill. If you have not yet determined an investment goal, here is a formula for estimating how much you’ll need in your nest egg to fund the retirement lifestyle that you want.
1d ago

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Teekay Corporation Reports Second Quarter 2023 Results

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