Are you gearing up to browse new cars for the first time in a long while? If so, be ready to open your wallet a lot wider. With the average age of new-car trade-ins — excluding leased autos — at just over six years, a shopper whose last purchase was in 2013 could suffer some
Henry Fernandez, chairman and chief executive officer of MSCI Inc. MSCI provides investment decision support tools to investment institutions worldwide. © 2018 Bloomberg Finance LP With the market hitting new all-time highs, it’s difficult to be anything other than bullish. But stocks are not as cheap as they were at the start of the year
IRS-CI Chief Don Fort speaks during an IRS Criminal Investigation 100th year anniversary event. Photographer: Andrew Harrer/Bloomberg © 2019 Bloomberg Finance LP One hundred years ago, six United States Post Office Inspectors were transferred to the Bureau of Internal Revenue (now Internal Revenue Service) to become the first special agents in charge of a new crime
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A interview with billionaire debt investor and founder of Oaktree Capital Management, Howard Marks. In this interview Howard discusses the structure of a market cycle and the factors that influence its rise and decline. Howard also talks about where we are in the current market cycle and the history of market cycles. ???? Books by
Still from Disney’s remake of “The Lion King” featuring Mufasa, a young Simba and Zazu in the pridelands. Disney While critics in the U.S. debate the cinematic merits of Disney’s remake of “The Lion King,” Chinese audiences are proving that, sometimes, bad reviews won’t deter people from going to the movies. Over the weekend, Disney
Check out the companies making headlines in the premarket: Illumina — Shares of the biotechnology company dropped 15% after Illumina reported preliminary revenue figures that disappointed investors. The company sees second-quarter sales coming in around $835 million. Analysts polled by Refinitiv expected revenue of $887.9 million. Zoom Video Communications, Slack Technologies — Zoom and Slack
Joe Biden used to joke about being “the poorest man in Congress.” It would be impossible for him to claim poverty now. The years since Biden left the vice presidency in 2017 have fattened his wallet. He and his wife Jill made more than $15 million combined in 2017 and 2018. [CNBC is looking at
Christian Sewing, chief executive officer of Deutsche Bank AG, pauses as Germanys biggest bank announces full year earnings in Frankfurt, Germany, on Friday. Feb. 1, 2019. Deutsche Banks revenue contracted for an eighth straight quarter in the final months of last year, complicating Chief Executive Officer Christian Sewings plan to turn around the lender through
For many older Americans, retirement means freedom to explore beyond your backyard. Before you take off, however, check whether your health insurance travel with you. Assuming you’re on Medicare — most adults age 65 or older are — coverage away from home depends partly on where you travel to, along with whether you’re on basic