- CNBC•5 hours ago
This resume blemish can make you 149% less hireable
Ask almost any talent recruiter, and they'll tell you to look for a new job while you're employed. Doing so not only allows you to maintain a continuous stream of income, but also has larger implications during the hiring process, according to a survey by job site Talentworks . After analyzing a random sample of 6,976 applications across 365 U.S. cities and 101 industries, their study found that people who are not currently employed when applying for jobs are 149 percent less hireable than their counterparts.
Associated Press•6 hours agoBeware of hidden taxes in retirement
Your taxes in retirement may be a lot more complicated than taxes while you're working. Social Security checks may or may not be taxed, depending on your income. You'll pay federal income taxes on most retirement plan withdrawals , but additional state taxes depend on where you live.
- Investopedia•6 hours ago
Top 5 Positions in Warren Buffett's Portfolio
There is probably no other investment portfolio more closely watched than that of Warren Buffett. Buffett's genius is always transparent because he has never veered from his most fundamental principle: to buy great companies at good prices, and hold them forever. At 14.63% of the Berkshire Hathaway portfolio, the company that Jobs built is Buffett's largest holding.
- U.S.News & World Report•2 hours ago
Retirement Savings Milestones to Hit by Age 30
Retirement strategies Saving for retirement prior to age 30 makes it easier to build a large nest egg for retirement. Young people can take advantage of decades of investment growth, and have a lot to gain by taking steps to minimize investment fees
- MarketWatch•5 hours ago
How homeowners win and lose under the new tax law
As a bonus, the cost of ownership is reduced by any tax savings. Here’s what you need to know about federal income tax advantages for home ownership after the new law. In contrast, our beloved Internal Revenue Code allows you to write off some home ownership expenses as itemized deductions.
- Zacks•8 hours ago
Wells Fargo in Trouble, USAA Accuses for Patent Infringement
Wells Fargo & Company WFC — has been slapped with another federal lawsuit. A federal lawsuit has been filed against the bank by San Antonio-based USAA, the big insurance company, for infringement on the latter’s patented technology. USAA has accused the bank for violating four of its mobile remote deposit capture patents through which users were permitted to deposit checks using mobile devices.
- Fox Business Videos•10 hours ago
Bitcoin tumbles after hacking of South Korean cryptocurrency exchange
FBN's Cheryl Casone on bitcoin trading sharply lower after a cryptocurrency exchange in South Korea was hacked.
- Zacks•5 hours ago
Verizon Restructures Top Management to Reshape 5G Future
Verizon Communications Inc. VZ recently announced two major leadership shifts — the retirement of Executive Vice President John Stratton and the appointment of Hans Vestberg as the new CEO, succeeding Lowell McAdam. Stratton is set to transition as a strategic advisor reporting to McAdam until his retirement from the company. Meanwhile, Vestberg will officially replace McAdam as the CEO, effective Aug 1, 2018, following which the latter will serve as Executive Chairman of the Board until he too retires at the end of this year to serve as the non-Executive Chairman of the company.
- Barrons.com•7 hours ago
Tech Today: Intel vs AMD, Instagram's Revenue, Microsoft's Games
Here are some things going on today in the world of tech: The annual E3 video game conference takes place in Los Angeles tomorrow, Wednesday, and Thursday, and already the announcements have been coming over the weekend from big participants such as Electronic Arts (EA) and Microsoft (MSFT), and keeping the Street busy. R.W. Baird’s Colin Sebastian this morning points out in a note to clients that "the global interactive entertainment industry will reach ~$145 billion in revenues by 2020, on track to become the largest segment of media and entertainment globally." Microsoft made some headlines on Sunday, announcing it would buy four game-making studios, Playground Games, Ninja Theory, Undead Labs and Compulsion Games, and that it is also forming its own new studio, called The Initiative, and based in Santa Monica.
- Fortune•9 hours ago
‘Female Viagra’ Founder Is Back as CEO After Valeant Gave the Billion-Dollar Drug Back for Free
Cindy Eckert (previously Cindy Whitehead) is back at the helm of Sprout Pharmaceuticals, the company behind female libido drug Addyi. Valeant agreed to buy Sprout for $1 billion in cash in August 2015. Short seller firm Citron Research compared Valeant to Enron & the Securities and Exchange Commission opened an investigation into the pharma giant's accounting methods.
- InvestorPlace•7 hours ago
3 Low P/E Stocks to Buy as Inflation Protection
When bond yields rise and start to look like equity yields, however, investors will sell stocks and buy bonds. In this major shift, the first stocks to get dumped are the big P/E stocks, since they have the lowest earnings yields. The last stocks to get dumped are the low P/E stocks, since they have the biggest earnings yields.
Reuters•11 hours agoFed up with rising costs, big U.S. firms dig into healthcare
At its Silicon Valley headquarters, network gear maker Cisco Systems Inc is going to unusual lengths to take control of the relentless increase in its U.S. healthcare costs. The company is among a handful of large American employers who are getting more deeply involved in managing their workers' health instead of looking to insurers to do it. Cisco last year began offering its employees a plan it negotiated directly with nearby Stanford Health medical system.
- Zacks•9 hours ago
6 Dividend Aristocrats to Buy as Trump Irks G7
The U.S.-Canada trade dispute escalated after U.S. President Donald Trump called Canadian Prime Minister Justin Trudeau “very dishonest and weak.” Trump had accused Canada of “charging massive tariffs” to U.S. businesses. The tiff involved France and Germany who criticized Trump’s decision to back out of the G7 communique. With Trump refusing to endorse the G7 communique, stock market gains are likely to be capped.
- Bloomberg Video•10 hours ago
Fed to Hike to Avoid Market Volatility, Says Metlife's Matus
Jun.11 -- Drew Matus, chief market strategist at Metlife Investment Management, and Charles Kantor, senior portfolio manager at Neuberger Berman, preview this week's interest rate decision from the Federal Reserve. They speak with Bloomberg's Tom Keene on "Bloomberg Surveillance."
- Bloomberg•8 hours ago
Bank of America’s Slow Dance Sets Right Tempo
Brian Moynihan’s slow waltz to safety is clearing some of Bank of America’s dance floor. That might not be such a bad thing. Bloomberg News reported last week that a number of top bankers have left Bank of America Corp. recently. The complaint of the
- Bloomberg•9 hours ago
PG&E Sees ‘Significant Liability’ in California Wildfire Report
PG&E Corp. pared losses as investors evaluated the potential impact of a state report that blamed the utility giant for fatal fires in Northern California wine country last year. While some analysts concurred, Morgan Stanley’s Stephen Byrd was skeptical that shareholders would end up liable for all the costs, and by midday in New York the shares had recovered about half of those earlier losses.
- MarketWatch•4 hours ago
Fitbit stock jumps after Citron says stock could more than double, predicts Google may acquire the company
Shares of Fitbit Inc. are up 12.6% in Monday trading after Citron Research made a bullish call on the stock and said it could be worth $15 by the end of the year if the company isn't first acquired. The stock is currently trading near $7. "Fitbit is wooing the right customer...insurance." Citron sees a high likelihood that Fitbit will get acquired in the next year, perhaps by Alphabet Inc.'s Google.
- Zacks•8 hours ago
Synaptics (SYNA) in Focus: Stock Moves 10.8% Higher
Synaptics Incorporated SYNA was a big mover last session, as the company saw its shares rise nearly 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near
- TheStreet.com•yesterday
3 Great Stocks for Retirees to Own
Investors and financial planners both suggest that dividend stocks can be a great source of income for those looking to supplement their retirement savings. The blue-chip stock's staying power and brand recognition should be viewed favorably by retiree investors, says Robert Johnson, principal at the Fed Policy Investment Research Group. Demand for Johnson & Johnson's products remains fairly consistent, providing a more stable investment in the event of a stock market decline, Johnson thinks.
- Bloomberg•4 hours ago
Mexico's Credit Risk Is the Highest Since Trump's Inauguration
Mexico’s credit risk is at the highest level since the days after Donald Trump’s inauguration. Five-year credit-default swaps that hedge against a drop in the value of Mexico’s sovereign debt have soared as the July 1 presidential election nears. Leftist Andres Manuel Lopez Obrador holds a commanding lead in the polls, and traders are concerned his victory could upend the economy just as the country is roiled by increasing trade tensions with the U.S.
Bloomberg•12 hours agoApple and Qualcomm’s Multibillion-Dollar Legal Dispute Gets Serious
After more than a year of vicious accusations and a flurry of lawsuits and counter claims, Apple Inc. and Qualcomm Inc.’s multibillion-dollar legal dispute is about to get serious. Hearings in the three most important markets -- the U.S., China and Germany -- will soon determine whether Apple’s attempt to save itself billions in technology licensing payments by forcing one of the world’s biggest chipmakers to change the way it does business is legal. Apple may be the hook for $2.5 billion to $4.5 billion in unpaid fees, based on estimates for the amount per phone the company may be charged, a total that could be equivalent to about one-fifth of Qualcomm’s annual revenue.
- Bloomberg•yesterday
Cryptocurrencies Lose $42 Billion After South Korean Bourse Hack
The 2018 selloff in cryptocurrencies deepened, wiping out about $42 billion of market value over the weekend and extending this year’s slump in Bitcoin to more than 50 percent. Some observers pinned the latest retreat on an exchange hack in South Korea, while others pointed to lingering concern over a clampdown on trading platforms in China. Cryptocurrency venues have come under growing scrutiny around the world in recent months amid a range of issues including thefts, market manipulation and money laundering.
- Zacks•9 hours ago
US Stock Markets Are Northbound: 5 Top-Ranked Growth Picks
The Dow 30, S&P 500 and Nasdaq Composite – closed in the positive territory. Robust first-quarter 2018 earnings and strong fundamentals of the U.S. economy foreshadow the persistence of uptrend in stock markets. Consequently investment in growth stocks with favorable Zacks Rank will be a prudent move.
- TheStreet.com•10 hours ago
Retirees Should Avoid These 7 Stocks
Retirees, beware. These are the stocks that anyone in, or going into, retirement should avoid according to experts. Tesla Tesla Inc. is a fan favorite of Elon Musk devotees, but it may be too volatile for retirees. So much potential, but not
Reuters•3 hours agoAT&T leads telecom stocks higher ahead of Time Warner ruling
** S&P 500 telecom sector higher, led by AT&T Inc , a day ahead of court decision on whether or not it can go through with its proposed purchase of Time Warner ** AT&T last up 1.4 pct at $34.31. Trading volume 0.7 x 10-DMA. Time
