Could getting a good nights sleep protect you from the leading cause of death among women and men in the United States? Red heart character taking a nap isolated on white backgroundGetty Researchers at Massachusetts General Hospital (MGH) and Harvard Medical School, say a good night’s sleep can protect against heart disease, and they think
An interior rendering of 70 Charlton St.Gieves Anderson It might be hard to imagine, but Park Avenue wasn’t always one of the most popular places to live in the world. It was once simply called Fourth Avenue, and was just another passage to move up and down the island of Manhattan. After Grand Central Terminal was
While international bookmakers have long allowed Americans to bet on the Oscars, this is the first time they can legally place bets domestically. The 91st annual Academy Awards are scheduled for Sunday night. New Jersey is the only state allowing such bets, but the expansion away from traditional gambling — horse and dog racing and
I finally got around to getting excited about opportunity zones (OZ). My excitement subsided as I looked into the matter, but it still remains at a subdued level. The OZ concept regardless of whatever else it might be is an illustration of Reilly’s Third Law of Tax Practice – Any reasonably complex tax matter involving
The U.S. economy maintained “solid” growth through the second half of 2018, likely expanding “just under” 3 percent for the year, though consumer and business spending had begun to weaken, the Federal Reserve said on Friday in its semi-annual monetary policy report to Congress. In a document that balanced its mostly positive outlook for a
If you were unhappy with your tax refund this year, take a moment and review your return. It could save you a headache in 2020. For the first time, taxpayers are submitting their returns under the Tax Cuts and Jobs Act, which went into effect last year. The filing season only kicked off on Jan.
Shares of Roku jumped 18 percent Friday after the company reported fourth quarter 2018 earnings Thursday afternoon that beat analyst estimates. Roku reported earnings of $0.05 per share compared to $0.03 expected by analysts, according to Refinitiv. The company also surpassed revenue estimates of $262 million, per Refinitiv, reporting $276 million in revenue for the
It might come as a surprise to you that you can still reduce your taxes for 2018, even though the year has ended. These strategies can help you set aside money for your future and reduce your taxes today. So, let’s take a look at three ways you can still reduce your tax burden before
The natural gas market is emerging from winter relatively unscathed despite potentially disruptive Chinese tariffs on U.S. gas. But the ongoing trade dispute is still putting a chill on cooperation between the two energy powerhouses and threatens to sideline billions in investment. Chinese tariffs on U.S. natural gas have halted Beijing’s purchases of U.S. LNG,
‘The Billionaire’s Bunker’ at 220 Central Park South is pictured on January 24, 2019, in New York – Hedge fund billionaire Ken Griffin has completed the purchase of a four-story penthouse in the building for $238 millionm- the most ever paid for a home in the US. The building is a residential skyscraper that is currently
State-owned Saudi Aramco has signed an agreement to form a joint venture with Chinese conglomerate Norinco to develop a refining and petrochemical complex in Panjin city, saying the project is worth more than $10 billion. Aramco and Norinco, along with Panjin Sincen, will form a new company called Huajin Aramco Petrochemical Co as part of
The economic slowdown in China will affect Oversea-Chinese Banking Corp’s ability to grow its loans business this year, the lender’s chief executive said on Friday. OCBC, the second-largest Singaporean bank by assets, reported a 9 percent increase in customer loans in 2018. That growth rate is expected to moderate this year amid greater uncertainties in
The trade war between China and the US will end soon. Perhaps, by March or by May at the latest. That’s according to XD Chen, Chief China Economist for BNP Paribas. “We remain confident in expecting a reasonable trade deal either in March or before May, with March more likely, in our view,” says Chen.
If you want to invest in individual stocks, you have to be ready to do your homework, CNBC’s Jim Cramer said on his show Thursday. The “Mad Money” host told a story from his childhood about how his father, “Pops,” began buying stocks of National Video through a tip that he received from his brother.
Shares of Stamps.com plummeted more than 48 percent after hours Thursday following the shipping company’s announcement that they will no longer be partnering with USPS. “We will no longer be exclusive to the USPS and that’s non-negotiable,” said the company’s chairman and CEO Kenneth Thomas Mcbride on the earnings call. “The USPS has not agreed
CNBC’s Jim Cramer took a stroll down memory lane on his show Thursday to reflect on the history of “Mad Money with Jim Cramer” and how it has evolved over the past dozen-plus years. While the “Mad Money” has retained two members of its original production team from its 2005 launch, the show’s focus has
What. A. Year. When tax geeks arose from their slumber on January 1, 2018, we were greeted by a strange and unfamiliar world. Gone were personal exemptions, Section 199, and 50% bonus depreciation. In their place were a doubled standard deduction, Section 199A, and 100% bonus depreciation. These changes, in addition to countless others, were
Check out the companies making headlines after the bell: Shares of Zillow fell as much as 8 percent in extended trading and then regained those losses to trade up more than 8 percent after the online real estate company announced its CEO Spencer Rascoff will be stepping down. Zillow co-founder and former CEO Rich Burton
Visualization for the new city of Cyclocroft, Colorado.B4Place Wealth guru Pete Adeney has teamed up with a Netherlands-based urban design consultancy to float the idea of a planned community in Colorado that would be car-free and bicycle-friendly. Situated between Longmont and Boulder, the new community – provisionally known as Cyclocroft – would be built in
Fidelity Investments had a historic 2018, even as stock markets saw their worst performance in a decade. For the first time in history, Fidelity’s annual income topped $6 billion. It closed 2018 with a 19 percent increase in operating income, totaling $6.3 billion for the year. The Boston-based firm raked in a record $20.4 billion