Investing

You can certainly retire in comfort with a modest nest egg – say, $200,000 – in Spain. Just follow the long line of British expats to the lively towns along the Costa del Sol, Spain’s Mediterranean coastline. For many years, Americans have been looking to Mexico, and more recently to its Central American neighbors, for an ideal
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“Billions” is back! The hit series from CBS’s Showtime network is back with season 4, and the intrigue is intoxicating. The show, which debuted in 2016 as the brainchild of veteran TV writers Bryan Koppelman and David Levien, takes us deep into the opulent and cutthroat world of hedge funds, white collar criminals, and prosecutors
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Many individual investors trust their money with large securities firms or investment dealers. Large brokerage firms typically have thousands of employees. The most recognized firms give investors confidence that a seasoned team of professionals manages their investments. However, we usually only interact with a single employee, such as our investment advisor or broker. So how
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Market Moves As stocks broke higher to kick off earnings season, investors shrugged off a mixed bag of earnings reports from the financial sector and focused on big tech companies. With the Nasdaq 100 index (NDX) closing 1.28% higher, many tech stocks broke out to all-time high prices. Among the stocks that broke through previous
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The best thing about investing strategies is that they’re flexible. If you choose one and it doesn’t suit your risk tolerance or schedule, you can certainly make changes. But be forewarned: doing so can be expensive. Every purchase carries a fee. More importantly, selling assets can create a realized capital gain. These gains are taxable
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Nobel Prize-winning economist Robert Shiller came to the New York Stock Exchange to discuss his new book, “Narrative Economics.” It’s a book about storytelling: Humans understand the world by telling stories, Shiller says. “The most natural thing in our brains to talk about is gossip, okay?,” Shiller said. “We love these stories. We center around
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United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC The strike by General Motors workers has cost about $2 billion through the first four weeks, Bank of America estimated, saying that the beginning of week five means “everyone hurts.” “A prolonged
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Fidelity clients saving for retirement are starting to move some money out of stocks in the recently volatile market, the brokerage’s personal investing president told CNBC on Friday. “The average investor that doesn’t trade a lot that’s really looking to save for their retirement — we have millions of customers like that — we’ve seen
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Virgin Galactic’s spacecraft Unity fires its rocket engine as it heads toward space. Virgin Galactic Boeing’s venture arm HorizonX announced on Tuesday that it will invest $20 million in Sir Richard Branson’s space tourism company Virgin Galactic, as the two companies hope to mature the technologies needed to make hypersonic air travel possible one day.
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Pedestrians walk outside an E*Trade Financial office in New York. Daniel Acker | Bloomberg | Getty Images Retail brokerage firm E-Trade announced Wednesday it will drop commission fees on online U.S. stock, ETF and options trades. The move comes within a week of Interactive Brokers, Charles Schwab and TD Ameritrade all dropping their commission fees.
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Credit Suisse on Tuesday cleared Chief Executive Tidjane Thiam in an internal investigation into the botched surveillance of the bank’s former wealth management head Iqbal Khan in a probe that cost Thiam’s right-hand man his job. Chief Operating Officer Pierre-Olivier Bouee resigned after the investigation by the Homburger law firm found he alone initiated observation
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Recent highly publicized flops by supposedly disruptive companies could be painting an unpleasant picture ahead for innovation, at least in how it’s viewed in the financial markets. Investors have turned thumbs-down on high-profile companies including WeWork, Uber and Tesla. Industries including marijuana, vaping and bitcoin all have seen big price drops following a spate of
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President Donald Trump speaks to reporters as he meets with Australia’s Prime Minister Scott Morrison in the Oval Office of the White House in Washington, U.S., September 20, 2019. Jonathan Ernst | Reuters As U.S. stocks climb and fall in response to President Donald Trump‘s words (and tweets), some traders are voicing skepticism over the
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CNBC’s Jim Cramer raised concerns Friday about a major part of the U.S. economy. The “Mad Money” host said he’s feeling a new level of “anxiety about industrial” companies. “Small- and medium-sized businesses [are] doing well; big industrial just not doing well.” Smaller companies are faring OK because U.S. consumer activity, which accounts for two-thirds
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