Searching for decent retirement income in a world of super-low to negative interest rates has become a real challenge. With central banks the world over – including the newly flip-flopping Fed – signaling renewed monetary softness and an extended period of surreally low rates, a good return is hard to find. Gosh, these days even
Disgraced Wall Street financier Bernard Madoff (C) arrives at a US Federal Court on March 12, 2009 in New York. Photo credit: TIMOTHY A. CLARY/AFP/Getty Images Getty Ponzi schemer Bernard Madoff has been in prison over 10 years (time flies) but still has another 140 years to go. He’s now asked President Trump, who has
Initial Public Offering Getty The number of REIT initial public offerings, or IPOs, has certainly fallen from the good old days. In 2013, for instance, there were 19 of them in all. In 2017, however, there were nine REIT IPOs that, together, raised around $2.9 billion in gross proceeds. For 2018, that number dropped down
In this May 2, 2019, file photo Beyond Meat CEO Ethan Brown, center, watches as his company’s stock begins to trade following its IPO at Nasdaq in New York. Mark Lennihan | AP Investor enthusiasm for Beyond Meat is rubbing off on the companies selling its vegan meat products. Beyond’s stock price is now eight
Shares of Caterpillar plunged after the company posted disappointing second-quarter results as higher material costs including tariffs and lower demand in China made a dent in its profit. Caterpillar earned $2.83 per share in the second quarter, versus consensus estimate of $3.12 per share, according to Refinitiv. Revenue also disappointed with $14.432 billion reported compared
Apple CEO Tim Cook delivers the keynote address during the 2019 Apple Worldwide Developer Conference (WWDC) on June 03, 2019 in San Jose, California. Justin Sullivan | Getty Images After Apple‘s 30% surge this year so far, the tech giant still has room to run with the upcoming earnings release likely to push the stock
Shares of UPS surged as demand for faster delivery powered a second quarter that beat Wall Street expectations. The shipping company reported earnings of $1.96 per share on $18.048 billion in revenue. Analysts expected $1.92 in earnings per share and $17.966 billion in revenue, according to Refinitiv. Volume for NextDay Air increased by more than
If you run into a big expense and are eyeing tapping your savings, make sure you know how the move would affect your finances. While there are benefits to paying cash for a big-ticket item or unexpected expense instead of financing it and paying interest on the borrowed money, doing so may cost you more
There are really only a few good financial reasons to start Social Security retirement benefits at age 62, the earliest possible age with the lowest monthly benefit, or soon thereafter. Here are a few situations that might call for starting these benefits early: If you’re truly financially strapped and have no reasonable alternative to make
As Boris Johnson becomes the U.K’s next prime minister after a decisive victory against foreign secretary Jeremy Hunt, it is good to remember his tax fisticuffs. Before this win, Mr. Johnson was a flamboyant Mayor of London, then foreign secretary. Yet he was famously also an American citizen, born in the U.S., leaving at age