mapodile | E+ | Getty Images Gig economy workers could get short changed when it comes to their Social Security checks in retirement. The growing ranks of people who earn money on apps like Uber, Airbnb and Task Rabbit are more likely than traditional employees to misreport their income. That could mean a smaller Social
Michelle Treanor at a Dollar General Corp. store in Saddle Brook, New Jersey, Emile Wamsteker/Bloomberg BLOOMBERG NEWS On average, older Americans have a more secure retirement than ever. But even as aggregate retirement savings are rising, tens of millions of older adults will be unable to pay their expenses, especially their medical and long-term care
The Freedom From Religion Foundation is throwing in the towel in its struggle against the exclusion from taxable income granted to “ministers of the gospel”. Code Section 107(2) grants the exclusion: In the case of a minister of the gospel, gross income does not include— (1) the rental value of a home furnished to him as part of
The mixed-use River Landing development in Miami is emblematic of the growth of the new Florida. UrbanX Group “Florida is America’s Australia,” goes the set-up line for a well-worn Florida joke. But the laughs are increasing at the expense of anyone short-changing Florida and the steadily growing economic might the Sunshine State is delivering to
CNBC’s Jim Cramer said Thursday in front of a live-studio audience that McKesson is a stock to stay away from here. “They are in such a difficult spot right now,” the “Mad Money” host told a guest. “I’m in the house of pain with CVS. I don’t want you to join me with McKesson and
An Olive Garden restaurant in Laguna Hills, California Scott Mlyn | CNBC Shares of Darden Restaurants slid nearly 4% in Thursday morning after its earnings report showed that declining traffic to Olive Garden, its top chain, resulted in weaker-than-expected revenue for its fiscal fourth quarter. The restaurant company’s stock, which has a market value of
A trader works on the floor during the Slack Technologies Inc. IPO at the New York Stock Exchange (NYSE) in New York, U.S. June 20, 2019. Brendan McDermid | Reuters Check out the companies making headlines after the bell: Beyond Meat fell 4.52% toward the end of extended trading after news that a consumer group,
David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019 Mike Blake | Reuters One of Wall Street’s most vocal and longest critics of Goldman Sachs has changed his tune and now recommends investors buy the company’s stock, saying its investment
Senator and presidential candidate Elizabeth Warren Barry Chin | Boston Globe | Getty Images Sen. Elizabeth Warren (D-Mass.) reintroduced a bill that would allow married same-sex couples to file joint amended federal tax returns and collect refunds for as long as they have been married. In a key 2013 case, U.S. v. Windsor, the U.S.
An interview and Q&A with billionaire investor and founder of the world’s largest Hedge fund Bridgewater Associates, Ray Dalio.In this interview, Ray discusses how the economy works and the mechanisms that drive it. Ray also talks about financial crises throughout history and the future of China. ?Books by Ray Dalio and his favourite books are