Associated Press•11 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.
- CNBC•9 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.
- Investopedia•10 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.
InvestorPlace•5 hours ago5 Top Stock Trades for Tuesday Morning
Monday was an interesting trading day. While the broader indices didn’t show much action, there were tons of moves going on below the surface. Let’s take a look at some of them in our top stock trades for Tuesday. Top Stock Trades for Tomorrow No. 1:
- Zacks•12 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.
- MarketWatch•10 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.
- InvestorPlace•11 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.
- U.S.News & World Report•6 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
- CNBC Videos•10 hours ago
Boston Scientific soars on report Stryker has made takeov...
CNBC's Eric Chemi reports on moves in Boston Scientific stock following news that Stryker has made takeover approach.
Reuters•15 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.
- Barrons.com•5 hours ago
First Solar Can Shine, SunPower Is 'Too Difficult to Own'
Solar stocks have taken a hit recently, hurt by regulatory changes in China that some fear may jeopardize demand and prices globally. Kallo named First Solar (FSLR) to the firm's Fresh Pick list on Monday, writing that the selloff was a 'knee-jerk negative reaction' to the news that China is changing its solar subsidy program, and that it doesn't account for the fact that First Solar's revenue visibility or its "substantial competitive advantage" over its peers. First Solar should continue to be at a significant cost advantage, even with best-in-class Chinese manufacturers, which could lead to upside to 2020 estimates, Kallo says.
- Fortune•13 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.
Reuters•7 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
- Barrons.com•6 hours ago
Former Incyte CEO Buys Slumping Nektar Shares
Nektar shares dove last Monday on disappointing data for a cancer drug. Whitfield, who also co-founded Incyte, is a big believer in Nektar. The last time an insider apart from Whitfield bought Nektar shares was October 2016, when director R. Scott Greer, managing director of venture-capital firm Numenor Ventures, LLC, purchased 15,000 shares for $202,500, or $13.50 each.
- Bloomberg•13 hours ago
The Apparently Never-Ending Permian Blowout
Ground zero is the Permian basin in west Texas, where oil production has run ahead of pipeline capacity to get it to market, forcing some U.S. barrels to price at wide discounts. Thankfully, new pipelines should fix the problem by early 2020. There is about 3.1 million barrels-a-day of pipeline capacity to take crude oil out of the Permian basin versus production of about 3.3 million a day, according to Bloomberg Intelligence.
- Fox Business Videos•14 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.
- MarketWatch•8 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.
- TheStreet.com•2 days ago
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•16 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•2 days ago
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•13 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.
- Bloomberg•12 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
Business Insider•yesterdayThe only right way to save money for a house
Saving money for a house can be hard in today's world, where it can take nearly a decade to save up a 20% down payment. The key to saving money to buy a house is being strategic with your goals, cutting back on rent, and putting the money in low-risk investments. Some mortgages allow for lower down payments than the typical 20% down payment, so you may not need to save as much money as you think.
- Zacks•9 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.
- Zacks•13 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.
