Best actress nominee Naomi Watts discusses the Academy Award announcements and which actresses she thinks are missing from this year's list. (Jan. 10)
Republicans are touting lower premiums under their health care legislation, but that reflects insurance that would cover a smaller share of the cost of medical bills. Premiums under the Senate bill would average about 30 percent lower in a few years, the nonpartisan Congressional Budget Office said in its analysis this week. Overlooked is that the lower premiums envision a switch to "bronze" plans that now come with a $6,000 individual deductible, much higher than the current standard "silver" plan with a $3,600 deductible.
Oil prices are rising after higher than expected oil inventory numbers. Data from the Energy Information Administration show a slight increase of 0.118 million barrels, compared to Wall Street's expected draw of 2.585 million barrels from the US commercial crude inventories. Click here to watch the price of oil live...
A Minnesota woman has been charged over the fatal shooting of her boyfriend, in what authorities say was a social media stunt gone wrong. Monalisa Perez, 19, was booked into county jail after shooting at Pedro Ruiz as he held a book to his chest, believing it would stop the bullet. The couple's three-year-old child and nearly 30 onlookers watched as she fired the fatal bullet into his chest. Ruiz's aunt said they did it to increase their social media following. Claudia Ruiz told WDAY-TV that her nephew had told her he wanted to do the stunt "because we want more viewers, we want to get famous". "He had told me about that idea and I said, 'Don't do it. Don't do it. Why are you going to use a gun?
The richest people on the planet just added new members to their exclusive club. The world’s ultra-high net worth population — individuals with $30 million or more in assets — grew by 3.5% to 226,450 individuals in 2016 after a sharp fall a year earlier, according to new data by global wealth consultancy Wealth-X. Their combined wealth also increased in 2016 by 1.5% to $27 trillion. There were sharp regional fluctuations in dollar-denominated wealth creation last year, with North America (up 5.1%) recording the only significant rise in wealth, followed by Asia (up 3.5%). “The picture was subdued in Europe, with the ultra wealthy population and its total wealth edging slightly lower, while fortunes
Long-term U.S. mortgage rates were unchanged to lower this week, as the benchmark 30-year rate reached a new low for the year. Mortgage buyer Freddie Mac says the 30-year fixed-rate mortgage averaged 3.88 percent, down from 3.90 percent last week. The rate stood at 3.48 percent a year ago and averaged a record low 3.65 percent in 2016. The 15-year, fixed-rate home loan, popular with homeowners seeking to refinance their mortgages, was unchanged last week at 3.17 percent.
The new deal makes it easier for the companies to gain regulatory approval as it avoids weakening competition in some markets and leaves Rite Aid as a viable player, said Neil Saunders, managing director of market research firm GlobalData Retail. "Walgreens and Rite Aid have taken a pragmatic approach," said Saunders. Walgreens on Thursday also ended a related deal to sell as many as 1,200 Rite Aid stores to Fred's Inc , sending Fred's shares down 17 percent in mid-morning trade.
The federal judges who pulled Detroit from the bowels of the largest municipal bankruptcy in U.S. history learned some lessons that they believe could help Chicago and Illinois out of financial despair.
If you're looking to balance your money goals with your life goals, then check out these five people who've bought homes, had children, traveled the world, started businesses and even wrote a book — all while paying down their student loans . Student loans might prevent you from ever owning a home, but it doesn't have to be that way. Sullivan is a design manager living in Ohio who graduated only three years ago with more than $16,000 in student debt.
Shares of Halliburton (HAL) are moving higher today. That likely reflects higher oil prices, but don't overlook a possible acquisition of pump-maker Summit ESP. Illustration: Agence France-Presse/Getty Images RBC's Kurt Hallead considers the implications of a potential deal: This possible transaction is in line with management comments that suggested their intention to acquire Artificial Lift and Production Chemicals businesses. In our view, Summit ESP would be a strong fit within HAL and would contribute an experienced operations team with mostly Baker Hughes ( BHI) backgrounds... According to Spears & Associates, Summit ESP generated revenue of $180mn in 2016. The total artificial lift market
Rolls-Royce may not strike you as a brand that’s ever more spry. After all, the 111-year-old institution takes its sweet time on its stately, half-million-dollar cars. Its three-ton Phantom sedan, for instance, undergoes more than 800 hours of work by the team in Goodwood, England, before being personally delivered to its intended dignitary in some exotic locale. But, according to Chief Executive Officer Torsten Müller-Ötvös, the bulk of the brand’s buyers are surprisingly young. “We are seeing, in that segment of ultrahigh-end-growth individuals, a fast decrease in average age,” Müller-Ötvös said. “It’s fantastic, it really is.” In practical terms, that means the global average age of a Rolls-Royce
Having a clean rap sheet isn’t what it used to be. These days, employment screenings are not a simple matter of checking for a criminal history or even with previous employers, as Reddit users discussed in this recent popular thread about background checks. “Employers want no surprises,” said Steve Langerud, workplace consultant and principal of Steve Langerud & Associates in Grinnell, Iowa. Don’t miss: What to do when, like James Comey, you suddenly get fired Nearly three-quarters of employers say they perform a background check on every new employee, according to a 2016 survey from career website CareerBuilder. But a criminal check is just one of the many things employers are looking for today.
If you’re taking advantage of this time of year to get organized, don’t forget about your financial life. If you’re looking for a money overhaul, a financial planner can be your best resource. If you’re bogged down keeping up with daily tasks, you might not have the time to look at your big picture financial goals. If this sounds like you, a financial planner could be an incredibly valuable investment. Financial planners aren’t just for people who are clueless about money.
The presidents of Bulgaria and Romania insisted Wednesday that they weren't opposed to Russia, despite both Eastern European countries being members of NATO and the European Union. The EU recently agreed to extend sanctions against Russia over its actions in Ukraine, following the annexation of the Crimean Peninsula three years ago.
Senate Majority Leader Mitch McConnell explored options for salvaging the battered Republican health care bill Wednesday but confronted an expanding chorus of GOP detractors, deepening the uncertainty over whether the party can resuscitate its bedrock promise to repeal President Barack Obama's overhaul. A day after McConnell, short of votes, unexpectedly abandoned plans to whisk the measure through his chamber this week, fresh GOP critics popped forward. Some senators emerged from a party lunch saying potential amendments were beyond cosmetic, with changes to Medicaid and Obama's consumer-friendly insurance coverage requirements among the items in play.
Microsoft yesterday released a huge non-security update for Windows 10 systems and announced a new update framework it's testing out on Windows Insiders. According to Microsoft, the big KB4022716 update brings quality improvements in the form of bug fixes for issues ranging from printing to logins but no new operating system features. The new update framework for Windows Insiders is being trialed ahead of the forthcoming Windows 10 Fall Creators Update, which is expected to arrive for all users around September and will be coming to Windows Insiders in the "coming weeks". The new update process targets Insiders in the "slow ring" and means the updates become available to different groups in stages.
How much does it take to buy happiness? Warren Buffett tells PBS Newshour no yacht or mansion would make him happier than the home he bought in 1958.
Altria Group (NYSE:MO) spun off Philip Morris International (NYSE:PM) nearly a decade ago, and over that span, the two companies have shared a lot of common ground even as they've also made independent strategic moves that have distinguished their different markets. Yet now, competitors Reynolds American (NYSE:RAI) and British American Tobacco (NYSEMKT:BTI) are looking to join forces through a merger that will combine Altria's No. 2 arch rival and one of Philip Morris International's largest industry peers worldwide. In that light, the biggest mistake that Altria and Philip Morris have made so far in 2017 is not to pursue a recombination of their own. What made Altria and Philip Morris break
Bank of America on Wednesday boosted its annual dividend 60 percent to 48 cents per share from 30 cents, beginning in the third quarter. Buffett has said a boost of that size would likely prompt him to swap Berkshire's preferred shares in the second-largest bank into common shares now worth about $16.7 billion. Berkshire did not immediately respond to requests for comment.
Credit Suisse analyst Bhavesh Lodaya has resumed coverage of the energy infrastructure sector with an in-depth report, an overweight recommendtation, and six top picks. He sums up his view in the introduction: In our view, while negative macro data points will still likely impact the space, unless investors have a bearish view on crude prices going south of $40/bbl, the current risk reward looks attractive particularly for natural gas focused stories. Much of the report is devoted to discussion of the broader sector, but he does offer six top picks. Below are the six names, plus a line from his analysis on each: Antero Midstream Partners (AM): Aggressive production growth at sponsor Antero Resources
The biggest change: Kevin Plank, who founded the company, will retain his CEO role but pass off the title of president to Patrik Frisk, who recently served as an executive for VF Corp. Frisk will also be COO. The result is that six executives will be reporting to Plank instead of 10, which will "finally decentralize some decision making within the company," according to analysis by Susquehanna International Group's Sam Poser. According to Poser, this bodes well for Under Armour.
CNPC and the Ministry of Commerce did not respond to requests for comment. North Korea's embassy in Beijing declined to comment. Chinese foreign ministry spokesman Lu Kang, asked about the sale suspension and whether the Chinese government put pressure on CNPC to make this decision, said: "I do not understand this situation you are talking about" and declined to elaborate.
Two groups of offshore funds that invested in Bernard Madoff’s fraudulent securities firm agreed to pay a combined $370 million to resolve lawsuits by the court-appointed trustee raising cash for victims. Lagoon Investment Ltd. and related funds will hand over about $240 million while Thema Fund Ltd. and its affiliates will pay about $130 million, trustee Irving Picard said in a statement Tuesday. Details of the settlements were filed in U.S. Bankruptcy Court in Manhattan, where the suits were filed in 2010. Stephen Harbeck, chief executive officer of the industry-financed Securities Investor Protection Corp., which hired Picard, called the settlements "significant accomplishments" given the difficulty of recovering funds from offshore accounts, according to the statement.
Vice President Mike Pence on Wednesday reiterated a promise to repeal former President Barack Obama's health care reforms by the end of the summer despite uncertainty over whether a Republican bill has enough votes to pass the Senate. In a speech delivered at a Cleveland manufacturing facility, Pence defended the bill, saying its measures to expand health savings accounts and create tax credits would make insurance more affordable. "(President Donald Trump) believes in state-based solutions, not one-size-fits-all Washington answers," Pence said.
If you’re like many adults, the thought of taking an early retirement (could you retire at 45?) has probably crossed your mind at least once or twice. The “four percent rule” – a widely accepted financial rule of thumb – states that your savings should last through 30 years of retirement if you withdraw 4% of your nest egg during the first year of retirement and then adjust each year thereafter for inflation. If you have $500,000, the math comes out to $20,000 a year, assuming a 4% withdrawal strategy.
U.S. shale oil pioneer Harold Hamm on Wednesday warned that sub-$40 crude would cause many U.S. producers to stop drilling and warned fellow CEOs to exercise discipline. U.S. crude (New York Mercantile Exchange: @CL.1) prices have plunged nearly 18 percent this year, giving up the gains they accrued after OPEC and other exporters agreed to reduce output last winter. Asked about the prospect of oil prices dipping into the $30 to $40 a barrel range, Hamm said that would force drillers to reduce capital expenditures and stop drilling new wells, causing output to dry up and leaving the market undersupplied.