Ubiquity6 is still in its early stages, but the technology is right on time. As AR/VR finally pick up traction, we’ll discuss with Midha how Ubiquity6 can have an impact.
The IRS released its inflation adjustments for the 2019 tax year this week, which include new brackets and limits on deductions and exemptions. A few highlights: The standard deduction for single filers in 2019 will be $12,200 (up from $12,000 in 2018
Three weeks after someone hit the biggest Mega Millions jackpot in history, the winner has still not stepped forward to claim their prize, according to South Carolina lottery officials – and there might be a strategy behind the move. “I’m actually not surprised at all that it’s taking them some time to claim the prize,” Michael A. Silver, a financial advisor at Morgan Stanley, said on Wednesday. The winning ticket, which was sold in a KC Mart in the South Carolina town of Simpsonville, is worth about $1.5 billion in annual installments over three decades, or an $877 million lump-sum cash package.
Recent studies have found that Americans are becoming increasingly concerned that they will outlive their savings, with more than 30 percent of Americans expecting that they will need more than $1 million in retirement, according to NerdWallet. For those looking to maximize their retirement income by minimizing their taxes, here are the seven states without an individual income tax. Despite its cold climate, Alaska offers some of the best benefits and services to retirees.
President Donald Trump and the GOP’s tax law made big changes to tax requirements. Homeowners and the self-employed are among the biggest losers, a TaxAudit review revealed. Many taxpayers will likely be in for a surprise when they file their tax returns in the spring and discover that Trump’s tax cut isn’t helping them.
Jim Cramer, CNBC’s “Mad Money” host and a prominent fixture among market commentators, on Monday said the market is enduring “a very serious correction,” underscored by the fact that there are few fundamental reasons for the market’s current downtrend. During CNBC’s “Halftime Report,” Cramer said notable is a slump in shares of so-called FANG names — the highflying quartet of Facebook Inc. (FB) Amazon.com Inc. (AMZN) Netflix Inc. (NFLX)and Google parent Alphabet Inc. (GOOGL)(GOOG) that are among the most influential on Wall Street due to their massive market values and the degree by which investors have piled into those investments for hope of consistent growth. All of those companies are in a corrective phase, defined as a drop of at least 10% from a recent peak, and Netflix and Facebook shares have shed around a third of their values since hitting 52-week peaks.
The latest stock moves made by billionaire investing legend Warren Buffett of Berkshire Hathaway have been revealed through his holding company's 13F filing this week with the SEC. Buffett, whose personal fortune is estimated by Forbes to be $89.9 billion
During a day trip to Toronto last year, Melania Trump spent about $174,000 in hotel bills, Quartz reported. Trump’s schedule on Sept. 23, 2017, showed that the trip spanned about 12 hours: She arrived in Toronto around noon, met with Canadian prime minister Justin Trudeau around 6:30 p.m., and left just after midnight, Quartz reported.
With a little momentum at the end of 2018, Pfizer Inc. (NYSE: PFE) could be headed for its best year yet in the 21st century. It's not that Pfizer's sales are soaring. Here's what Pfizer could look like five years from now.
The defense industry has had a nice run over the past couple of years thanks to investors bidding up these stocks in anticipation of higher military spending under Republican control of both the legislative and executive branches. The SPDR Aerospace & Defense ETF has more than doubled the performance of the S&P 500 over the past three years.
This weekend's Barron's looks at some retailers that could be poised to thrive this holiday season. Other featured articles offer where to find bargains in energy stocks and selections from a noted stock picker.
In the aftermath of the global financial crisis, the banking industry was persona non grata with the public, blamed -- and not unfairly so -- for playing a role in causing what would be the worst global recession in 80 years. In the half-decade following America's slow climb out of the depths of the crisis, no other American bank would pay more in fines, lawsuit settlements, or court penalties than Bank of America, which has paid more than $90 billion in damages and fines over the past decade. How bad of a bad actor was BofA?
After a decade of saving and investing more than half of their income, Justin and Kaisorn McCurry quit their jobs and retired in their 30s. Now, the Raleigh, North Carolina, couple are living their best lives . The hardest part might be adapting to more alone time and less structure.
Tiny turkeys will increasingly grace Thanksgiving tables next week, thanks to the millennial generation’s ongoing campaign to remake American gastronomy. “People are starting to understand it’s not natural to grow turkeys up to 30 pounds,” said Ariane Daguin, co-founder and owner of D’Artagnan LLC, a wholesale and e-commerce food company in Union, New Jersey. Bell & Evans is working with a breeder to make tiny turkeys that consumers will eat all year.
A T-Mobile U.S. executive signaled the tie-up with Sprint could be coming in a matter of months, giving AT&T a massive new rival as it tries to manage its own challenges. Chief Financial Officer J. Braxton Carter expressed confidence amid the regulatory review process for the merger during a discussion at a Morgan Stanley event in Barcelona. The deal could close in the first quarter, he said, noting the company has been providing documentation to the U.S. Department of Justice and the Federal Communications Commission.
The potential to develop blockbuster next-generation drugs that reshape patient treatment makes biotechnology stocks one of the most exciting industries for investors. While there are no guarantees for success, it can help to focus on companies with lots of financial firepower and drugs in late-stage studies or with proven mechanisms of action. It's for those reasons that Arena Pharmaceuticals (NASDAQ: ARNA), Acceleron Pharma (NASDAQ: XLRN), and bluebird bio (NASDAQ: BLUE) are my top stocks to buy in the industry right now.
Billionaire Paul Tudor Jones runs a $7 billion hedge fund, called Tudor Investment Corp. The fund has been fighting for years to bring the profits to its investors, and the current year is bringing a little bit of optimism, as it has gained 9% through October. In this article, we’ll take a look at Paul Tudor Jones’ top stock pick in the third quarter.
The dramatic decline has left investors wondering about the worst-case scenario for the industrial icon. As new Chief Executive Officer Larry Culp tries his hand at a turnaround, the possibilities span everything from a prolonged fight for survival to a swift journey to the junkyard. Revenue growth and profit margins might suffer, but GE would have a shot at regaining a higher credit rating and reflating its dividend, winning back investors.
The standard deduction nearly doubled in 2018 as part of the Tax Cuts and Jobs Act. Although the personal exemption was eliminated, the combination of the higher standard deduction and the increased Child Tax Credit resulted in significant tax savings for many American families. Well, the IRS just announced its inflation-related adjustments for the 2019 tax year, and the standard deduction is going up a bit more.
Tech stocks have been volatile lately, but there are a number of new secular trends which investors are looking to remain exposed to in the long-term. Of these, easily the most exciting for certain semiconductor companies, gadget makers, and telecom firms is the Internet of Things. For those that don’t know, the Internet of Things is the growing world of interconnected household and industrial devices.
With just a little over six weeks left in 2018, investors will likely look back and proclaim this the "Year of Cannabis." So far this year we've witnessed Canada become the first industrialized country in the world to legalize recreational marijuana, and observed two additional U.S. states approve medical cannabis in midterm elections less than two weeks ago. Beyond just legalization, the U.S. Food and Drug Administration approved its very first cannabis-derived drug, and we've seen no shortage of Canadian-listed pot stocks making the move from the over-the-counter exchange to reputable U.S. exchanges (i.e., the Nasdaq and New York Stock Exchange). With so many milestones hit this year and over the past couple of years, it's not been hard for investors to get behind marijuana stocks.
There are plenty of things that can ruin a person’s retirement plans — divorce, illness, job loss, overspending. A recent study has revealed for the first time the 10 biggest causes of financial regret among those who have retired or are near to retirement. The survey was conducted by researchers from the RAND Corporation and the Max Planck Institute in Munich, Germany.
Investing in retirement is different than investing during your working years. Since you are counting on your assets for your retirement income, preserving your savings becomes more important than asset growth. This strategy adjustment can be a challenge for do-it-yourself retirement investors who have invested the same way for decades.
The recent market decline has been particularly tough on tech stocks, and Netflix (NASDAQ: NFLX) has been no exception. Netflix original series "The Haunting of Hill House" is an unqualified hit. Matthew Harrigan with Buckingham Research Group gave Netflix a rare double-upgrade, raising the stock from underperform to buy and raising his price target from $349 to $406.