French President Emmanuel Macron. France is imposing a new digital tax targeting Google, Apple, Facebook and Amazon. © 2019 Bloomberg Finance LP France just imposed a 3% tax on the French revenues of Google, Apple, Facebook and Amazon. But these companies are not going to be any less profitable because of the tax. If Google, Apple, Facebook or Amazon
Retirement
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column highlights a recent email exchange we had with a customer about the family maximum that can be claimed on a single record. The rules are complex and confusing, as shown
Photographer: Atul Loke/Bloomberg © 2018 Bloomberg Finance LP China has been on an investment spree in recent years, at home and abroad. At home, investment has been one of the engines that, together with exports, have fueled its robust growth. Abroad, investments have served China’s ambitions to control the South China Sea and secure a
© 2019 Bloomberg Finance LP China has upped the game in the South China Sea lately by allegedly testing missile launches from disputed territories. That’s according to a Reuters report, quoting Pentagon sources, saying “a recent Chinese missile launch in the disputed South China Sea was ‘disturbing’ and contrary to Chinese pledges that it would not
Trade wars and easy money are turning major cryptocurrencies into the new “safe havens.” And that could send their prices to new highs. There was a time when gold and US Treasuries serve as “safe havens,” the assets investors parked their cash in during times global uncertainties, fueled by trade wars and other negative events.
Share to facebook Share to twitter Share to linkedin How did the adult son of a wealthy but secretive 85 year old father get his dad to finally reveal important information about his assets? It wasn’t easy. Many adult children have an elder who thinks he’s fine and doesn’t need any help. Even if the
Share to facebook Share to twitter Share to linkedin Tesla has cut prices of the Model 3 and its other vehicles several times this year to offset lower tax incentives. © 2019 Bloomberg Finance LP I hear talk again that Tesla reducing prices is a sign of weak demand and thus bearish. Yet for more
Watching the U.S. Women’s Soccer Team (or as it should be simply known henceforth, “The U.S. Soccer Team”) on its march to World Cup victory was riveting. The games were entertaining, the goals exhilarating, and the players exceptional. But the team’s remarkable fourth World Cup title also reveals an undercurrent of inequality, one that is
The aging population is the largest on record and the healthcare industry must adapt. Photographer: Tomohiro Ohsumi/Bloomberg BLOOMBERG NEWS America is getting older, and the healthcare system is buckling under the pressure. The double whammy of people generally living longer and the massive Baby Boomer generation creating the “largest-ever population of older adults in America”
Our country is getting older and each year, more of us need help with everyday tasks as we age. Supporting older adults is big business – in this business cycle alone, employment in services that assist older Americans has grown rapidly. But if dignity in old age is a national priority, the quality of these