If you're a student on a budget, here's how you can have the most fun for the least money.
What do you do with your money when you're one of the world's wealthiest individuals? Bill Gates has amassed a net worth upwards of $91 billion as of 2018. Gates earned the majority of his vast fortune as one of the founders of Microsoft Corporation (MSFT) , where he served as CEO, chairman, and chief software architect. Gates was the largest individual shareholder of Microsoft as well, until May, 2014 when he stepped down from the chairmanship. Here is where this billionaire stashes some of his money. Investments in Corporations While Gates can credit Microsoft for the bulk of his current wealth, his shares in the companyin MSFT make up just around 20% of his holdings today. The majority of
Snap Inc.’s flagship platform has lost some luster, at least according to one social-media influencer in the Kardashian-Jenner clan.The Snapchat parent’s shares sank as much as 7.2 percent Thursday, wiping out $1.3 billion in market value, on the heels
Ivett Toth sure knows how to stand out in a crowded field of female figure skaters for the 2018 Winter Olympics. During the women’s figure skating short programs on Tuesday night in PyeongChang, Hungary’s Toth surprised crowds — both at the rink and around the world — with her unorthodox choice of music. Toth may be just 19, but there’s no doubt her clear love for the classic rock band transcends generational taste.
Thousands of people are being arrested and jailed each year because of outstanding civil debts, despite the United States banning debtors' prisons nearly 200 years ago, according to a new report from the American Civil Liberties Union.
Shares of Chesapeake Energy Corporation (NYSE: CHK) are soaring today, up nearly 15% as of 10:00 a.m. EST, after the company reported a strong fourth quarter and a brighter outlook for this year. Chesapeake Energy reported adjusted net income of $314 million, or $0.30 per share, in the fourth quarter. Fueling Chesapeake's stronger-than-expected results was a combination of an 11% increase in oil output, an 18% decline in operating expenses, and an improvement in oil and gas prices.
Bill Gates sat down with talk show host Ellen DeGeneres for the first time this week. Gates officially became a billionaire when he was 31 — the youngest billionaire in history, at the time. But the boost to his bank account didn't send him on a spending spree.
For years, European countries have commanded the most powerful passports in the world. Now, that title belongs to Asia. The Passport Index, which ranks nations based on travel freedom and visa requirements upon entering foreign countries, declared Tuesday that South Korea now wields the world’s most powerful passport, joining Asian city-state Singapore atop the rankings. South Korea and Singapore now outrank Germany’s passport, which in recent times topped the charts.
Some people have to pay federal income taxes on their Social Security benefits. This usually happens only if you have other substantial income (such as wages, self-employment, interest, dividends and other taxable income that must be reported on your tax return) in addition to your benefits.
You can almost hear the sound of keyboards at Pfizer's (NYSE: PFE) headquarters in New York crunching the numbers on potential deals. The giant drugmaker was eerily quiet on the mergers and acquisitions (M&A) front last year. If Pfizer chooses to go big, I suspect the most likely acquisition candidate is Bristol-Myers Squibb (NYSE: BMY).
CFO Jamie Miller presented at two conferences Wednesday in the greater Miami area. At the corporate level GE has gone from a cash generator to a cash burner in the past two years, and that, more than any other factor, has destroyed value for GE shareholders.
Airplane maker The Boeing Co. is facing heat these days for its determined stance in dealing with suppliers. Despite record orders, Boeing is getting some criticism for an initiative calling for some suppliers to cut costs, according to Bloomberg. Boeing’s Partnering for Success initiative aims to streamline the manufacturer’s supplier chain. And based on financial returns — with its shares doubling since the start of 2017 — Boeing can argue its plan is working. However, Bloomberg cites suppliers who claim Boeing is seeking 10 percent price cuts for their products. Boeing is coming off a bustling 2017. Boeing secured orders worth more than $90 billion in November alone. Among the highlights
FBN’s Kennedy on House Minority Leader Nancy Pelosi’s negative remarks about President Trump’s tax reform plan.
As expected, Energy Transfer Partners' (NYSE: ETP) growth engine continued gaining steam in the fourth quarter, with earnings and cash flow up sharply thanks to a slew of recently completed expansion projects.
Processing unit maker Nvidia Corporation (NASDAQ:NVDA) has had an impressive run over the past two years. The firm’s Graphics Processing Units (GPU’s) have taken off in popularity and their use throughout the gaming space has led NVDA stock to produce a slew of stellar quarterly results. After delivering triple digit gains last year and kicking off 2018 with growth of nearly 30% so far, Nvidia stock has been on investor’s radars for some time.
While high-level members of the North Korean delegation will also be present at the event, White House officials have asserted that Trump’s trip is not intended to facilitate a meeting with the North Koreans. Instead, Trump reportedly plans to focus on reaffirming U.S.-South Korean relations and cheer on American athletes participating in the Games. In a statement, Trump said, “I am honored to lead the U.S. delegation to the closing ceremonies of the PyeongChang 2018 Winter Olympics.
New research, which was presented at the American Association for the Advancement of Science’s annual conference, has found that moderate drinking is linked to a longer life. The results came from the 90+ Study, a research project out of the University of California Irvine’s Institute for Memory Impairments and Neurological Disorders that examines the habits of people who live to at least 90. Here’s what the research really says about alcohol and health.
Initially, electric and now the development of autonomous cars has been a major disrupter for the auto industry, the effects of which we have only just begun to see. Traditional auto manufacturers were initially written off as having too much legacy investments in the internal combustion engine and insufficient technology to keep up with the development of electric and self-driving cars. While starting from a low base growth has been solid, and although the electric vehicle (EV) challenge has driven much improved economy from the internal combustion engine, EVs are still carving out a place for themselves as battery performance steadily improves and charging infrastructure expands.
Chris Ratcliffe | Bloomberg | Getty Images A glitch at a Japanese cryptocurrency exchange allowed some users to buy digital currencies for free, heightening concerns over the security of such trading platforms. Zaif, which is run by Tech Bureau Corp, and registered by the government, said that an error occurred with its price calculation system, allowing seven users to buy some digital coins for zero yen. The exchange did not say which cryptocurrencies those were. Six of the transactions have been voided. Zaif is trying to rectify the issue with the seventh customer who attempted to transfer the bitcoin from the exchange, a spokesperson told Reuters. The issue was discovered on February 16 and
It’s a spiral no one wants to experience, but many have: You lose a job or suffer a costly illness. The bills pile up. By the time your finances stabilize, calls from collectors are pouring in. In this situation, debt settlement — where creditors agree to settle your debts for less than you owe — may seem like the only fix. But this strategy carries risks, including a long-term hit to your credit score and no guarantee of resolving your debts. Your finances may seem beyond repair, but debt settlement could make things worse. There are only a couple scenarios where settlement makes sense, says Michael Bovee, president of Consumer Recovery Network, a debt settlement company. 1. You had one temporary
When Hewlett Packard Enterprise Co. reports earnings Thursday afternoon, there will be at least one big change. This week’s conference call will be the first to feature Chief Executive Antonio Neri, who took over the top spot in early February following the departure of Hewlett-Packard veteran Meg Whitman. HPE HPE, -1.63% shares dropped 7.2% the day after the company’s last earnings report, which brought a disappointing outlook as well as the news of Whitman’s plans to step down. Thursday will mark an early opportunity for Neri to outline his vision for the company, highlight progress on the company’s goal of turning around the business, and reassure investors of a smooth transition. Investors
If you feel confused or overwhelmed during tax season, you're not alone. According to a new report from NerdWallet , there's a lot of uncertainty when it comes to tax-saving strategies, income tax brackets and the new tax bill in general.
Facebook said Wednesday that it will remove posts circulating on the social network wrongly claiming that survivors of last week’s deadly Florida school shooting are “crisis actors” working on behalf of a liberal agenda. Facebook, Twitter and YouTube are giving a megaphone for trolls to shout to millions.
It's easy to see why Warren Buffett is considered the greatest investor of all time. His company Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) has become one of the most valuable in the world largely due to his investments, both in stocks and the companies
Donald Trump hosted a group of students, parents, and teachers at the White House today to talk about how the US can prevent school shootings, in the wake of last week’s lethal school shooting in Parkland, Florida. Several student survivors from Parkland’s Marjory Stoneman Douglas High School spoke, as well as parents who had lost children there. Also present were the parents of students killed in 1999 at Columbine High School, and in 2012 at Sandy Hook Elementary. Invited by Trump to propose solutions to school shootings, the visitors’ suggestions ranged from heightened school security to better mental health facilities, with several speakers carefully avoiding the topic of guns. Some dedicated
It’s no secret that blue-chip General Electric (NYSE:GE) has fallen on hard times. The GE stock price continues to hit new lows, as a multitude of problems face the industrial conglomerate. It turns out, despite shedding the bulk of GE Capital, the cancer of General Electric’s former finance division is still plaguing GE.