A colleague of one of the flight crew members of the Ukrainian 737-800 plane that crashed on the outskirts of Tehran, lights candles at a memorial inside Borispil international airport outside Kyiv, Ukraine, Wednesday, Jan. 8, 2020. Efrem Lukatsky | AP Rescue workers on Wednesday combed through wreckage of Kyiv-bound Ukraine International Airlines Flight 752
Shoppers enter a Kohl’s store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images Kohl’s said same-store sales during November and December fell 0.2% due to weakness in its core women’s apparel business, leading it to lower the bar for its full-year outlook. Based on the dismal holiday performance, Kohl’s said in a press
People burn a poster representing US President Donald Trump to protest against the killing of Iranian commander Qasem Soleimani in Iraq. PRAKASH SINGH | AFP | Getty Images A former CIA officer told CNBC on Thursday that it’s likely Iran will carry out small-scale cyberattacks to avoid U.S. retaliation. “They perfectly understand that the U.S.
Chief financial officers at big U.S. companies enter 2020 on a cautious note, with almost all anticipating an economic slowdown against the backdrop of an overvalued stock market, according to a survey released Thursday. The Deloitte CFO Signals Survey showed that while the corporate leaders see the economy as “good,” they anticipate that before the
Do you have your eyes on that $258 million Powerball jackpot? So does Uncle Sam. If you’re lucky enough to win the top prize in Wednesday night’s drawing, remember that the IRS gets an up-front piece of big lottery wins. And that tax withholding wouldn’t be the end of it. “There is still a sizable
Getty This is the second article of a two-part series on expatriating to save taxes. I am often asked by clients who live in high-tax states such as New York or California whether they should establish residency in a no income tax state like Florida to reduce their taxes. My first question is, “Do you
Share to facebook Share to twitter Share to linkedin Mark Carney said central banks are low on ammunition to combat the next recession. Matt Dunham/Getty Images Topline: The global economy is heading for a “liquidity trap” and central banks are running low on ways to fight a future recession, warned Mark Carney, governor of the
While I can see a correction in stock prices occurring during 2020, our real estate price correction … [+] has already lasted for years. Getty During the 40 years I have been in business, investment bankers and financial analysts have never once failed to assert that a Mayday event was right around the corner for
Following a secretive escape last week from Japan to Lebanon, former Nissan chief Carlos Ghosn publicly defended himself Wednesday — for the first time since his initial arrest in November 2018 — against accusations of financial misconduct and misuse of corporate resources. Ghosn adamantly denied all charges against him and defended his decision to become
A contractor carries boards through a house under construction at the Lennar Corp. Tree Tops community development in Lancaster, South Carolina, U.S., on Monday, Jan. 8, 2018. Travis Dove | Bloomberg | Getty Images Lennar on Wednesday forecast 2020 home sales above analysts’ estimates, encouraged by strong demand on the back of lower home prices