Drone point of view of Silicon Valley in California Getty Realtor.com’s latest data on 85 luxury markets confirms todays definition of luxury is extremely localized with some markets showing declining sales and price growth. While others like Tampa are summertime hot. “The data is based on March 2019 year-over-year numbers because that gives us a
Month: June 2019
While Wall Street focuses on U.S.-China trade war dangers, Medley Global Advisors’ Ben Emons sees two risks making a comeback. The way the world’s affairs are shaping up, he warns Brexit fallout and the threat of U.S. tariffs on European cars could sneak up on investors in year’s second half — which kicks off Monday.
“Zero inventory” has been mostly unobtainable for manufacturers. But cutting-edge 3D printing technology is giving managers renewed hope. Carbon announced Tuesday it raised $260 million in growth funding. This San Francisco company is developing a platform executives claim will bring 3D printing to high-volume production. Selective laser melting, direct metal laser sintering, 3d printing, industry 4.0 Getty
MoMo Productions | Getty Images When Laika Kayani started to lose her voice late one night last year, she picked up her iPhone and got connected to a doctor through a video-chat service called American Well. Kayani, who works at a health-tech company in San Francisco, used the app because her young son and husband
Cynthia and Alex are parents to a 6-year-old son, Jake. “It was a dream come true,” Alex said, of becoming a dad. But for the high school sweethearts, conceiving a child was only possible with in vitro fertilization, which was covered by Cynthia’s insurance through her employer. They have what’s called “unexplained infertility.” Cynthia then
President Donald Trump has railed repeatedly about the Federal Reserve’s “quantitative tightening” and the impact it has had on economic growth during his administration. The program will be over soon, which may not bring as much relief as Trump thinks. One reason the president may not want to get his hopes up too much is
Starbucks President and Chief Executive Officer Kevin Johnson. Getty Many of the stocks Wayne Himelsein has recommended before June’s strong upturn are no longer bargains. However, Wayne says Starbucks, which is up over 20% since he recommended it on March 10, is still a buy. Ken Kam: In an incredibly strong June, I saw your
“It’s a taboo topic,” said Cameron Huddleston, a personal finance journalist and author of “Mom and Dad, We Need to Talk. “ Huddleston was not referring to sex, as you might expect, but rather the other issue families avoid all too often – money. From wills to life insurance, the longer you wait, the trickier
Traders work at the Coty booth on the floor of the New York Stock Exchange. Jin Lee | Bloomberg | Getty Images Beauty company Coty is by far the best-performing stock in the S&P 500 so far this year. Shares of the cosmetics distributor are up more than 100% in 2019, while the S&P 500
By Dean Hedeker, Next Avenue Contributor For people nearing retirement or in retirement, every dollar counts and planning ahead is paramount. That’s especially true for taxes. Now that 2018 tax returns are behind us, this is an opportune time to look for 2019 tax savings strategies for retirement. Here are two ways to do it: Use
Getty Chances are that you filed your federal income tax return electronically this year: the Internal Revenue Service (IRS) estimates that nearly nine in ten individual taxpayers e-filed their tax returns in 2019. That was just one of the findings reported by the Electronic Tax Administration Advisory Committee (ETAAC) in its 2019 Annual Report to
ASSOCIATED PRESS In the South China Sea, Philippines President Rodrigo Duterte must do the right thing: stand up to China, protect the interests, the resources, and the lives of the Filipino people from China’s aggression; the same way the Indonesian and the Vietnamese leaders did for their own people. And that could ease geopolitical risks,
The gig economy is transforming the way people work, travel and buy products. Some of the companies behind these trends are household names. Shopify is not one of those, but the tiny Canadian company is winning at ecommerce. Managers unveiled a slew of new products and services last Wednesday. Shopify Inc. CEO Tobias Lutke and wife Fiona McKean,
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The Cedars in Graeagle, Calif., was previously on the market for $55 million. It will be auctioned off July 16 to 19 with Concierge Auctions with no reserve. Concierge Auctions As the real estate market has slowed over the last year, luxury home auctions have seen incredible growth. But these estates and mansions aren’t being
Getty Getty Faced with increased scrutiny from the Department of Labor about lackluster efforts to find missing retirement plan participants, employers are asking for permission to send uncashed pension checks—money that belongs to former workers–to state unclaimed property funds. “It’s unbelievable, but everybody has that story of a beneficiary who is sitting on a check
Waterfront restaurants, condos and boat slips in Delray Beach, Florida. RM Getty The once sleepy town of Delray Beach, Florida about 50 miles north of Miami was a community people often moved to because glitzy neighboring Boca Raton’s was too pricey. Today Delray Beach is in-demand with a growing population of about 70,000. Over the last
“New York City is the Big Apple, the City that Never Sleeps, Empire City, Fun City, Gotham and the City of Dreams, all rolled into one,” enthuses Evelyn Kanter, veteran journalist and author of 100 Things to Do in New York City Before You Die, 2nd edition (Reedy Press). This native New Yorker, who has traveled to
Photo credit: Getty Getty A health savings account (HSA) is not usually considered a retirement account. The popular choices for retirement savings are 401(k)s, traditional IRAs and Roth IRAs. Like the 401(k), your HSA savings, known as your contributions and any employer contributions, are not taxed. Like both the 401(k), IRA and Roth IRAs, your
Peter Mazza, his wife, Megan, and their three children. Mazza, who was diagnosed with stage 4 colon cancer in April, has been unable to access the cancer deferment. Source: Peter Mazza Last September, President Donald Trump signed into law a bill allowing people with cancer to press pause on their federal student loan payments. More than
The House of Representatives passed a set of retirement plan reforms by a wide margin in May. The Setting Every Community Up for Retirement Enhancement (SECURE) Act was passed by a vote of 417 to 3 in May, and it seemed likely to pass the Senate quickly. But a few Senators became roadblocks, and now
© 2018 Bloomberg Finance LP Sears is no longer the iconic retailer once was, leaving behind scores of shattered stores, but its landmark buildings are still standing tall. And they’re serving a new community function: homes of entrepreneurs, bringing new life to the local communities. There was a time retail pioneer Sears ruled the US retailing industry. Its mail order
Traders work on the floor at the New York Stock Exchange, May 23, 2019. Brendan McDermid | Reuters It’s no secret that machines are taking up a bigger and bigger share of investing, but the extent of their influence is approaching shocking proportions. It is as high as 80%, according to one major investing firm.
Investors should put their money in small- to mid-cap biotech stocks as rhetoric about changing the U.S. health-care system ramps up during the Democratic primary debate season, Jefferies analyst Michael Yee said Friday. “The big biotechs have to buy the big and small biotechs, and that’s where most [health-care] investors have been playing,” Yee said
Avoid these retirement mistakes. Getty We all know it’s important to save for retirement. Even if you’re saving for retirement, some common mistakes might cause you to run out of money in retirement. Avoiding these 7 retirement savings mistakes can increase the chances that you’ll be able to grow your portfolio and outlive your money. 1. Not starting
Justice. Getty Often, when we think about bankruptcy, we picture someone getting all of their assets repossessed. However, that’s only on form of bankruptcy, Chapter 7. This article will cover Chapter 13 bankruptcy, which allows you to keep your assets and pay off your debts through a repayment plan. Read on to learn more about
Beyond Meat surprised the stock market when the company turned out to be the best IPO of 2019. Alternative meat was having a moment. Alternative milk, on the other hand, has been quietly revolutionizing the dairy industry for years. Milk, the kind from cows, was once a staple of the American diet. But now consumers
President Donald Trump threatened to slap tariffs on all Mexican imports at the end of May. He later backed down from the threat after signing a trade deal with the country. But Constellation Brands CEO Bill Newlands said Friday that the brewer of Corona and Modelo would be ready if the tariffs did end up
Elizabeth Holmes leaves U.S. District court in San Jose after a judge delayed her trial Adriana Conte Theranos founder Elizabeth Holmes walked out of federal court on Friday with a delay in her criminal fraud trial until 2020 — but she wouldn’t say if she walked down the aisle. Widespread media reports this month claimed
Getty Getty Retirees will collectively lose an estimated $3.4 trillion in potential retirement income, or an average of $111,000 per household, because they claimed Social Security at a financially sub-optimal time, according to new research out today by fintech United Income. That works out to a potential 9% increase in total expected future income, or
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