Month: February 2019

Federal Reserve Chairman Jerome Powell said before the U.S. Senate Tuesday that conflicting federal and state laws on the sale of marijuana and other cannabis products put bank supervisors in a “very difficult place.” Asked by Sen. Robert Menendez, D-N.J., about the Fed’s thoughts on the cannabis space, the leader of the U.S. central bank
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Making a better Medicare matchGetty The Medicare Advantage Open Enrollment Period goes from January 1 until March 31. Beneficiaries have many questions about what they can and can’t do during this time. Maybe, this old bride’s rhyme might help end the confusion. Something old:The chance to drop a Medicare Advantage plan. The “old” that carries
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House building plan blueprint buy moneyGetty Two of the most important indicators of home appreciation came out this morning, and they both showed the same thing:  home price increases are slowing rapidly. Economists are forecasting continued slowdowns in appreciation, according to polls by Reuters, Zillow and others. The S&P CoreLogic Case-Shiller U.S. National Home Price
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Shake Shack on Monday reported quarterly earnings and revenue that beat analysts’ expectations, but the company disappointed investors with a weaker outlook for same-store sales growth. Shares of the company whipsawed after the market’s close, first rising nearly 4 percent before dropping more than 2 percent. Here’s what the company reported compared with what Wall
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There’s little question that technology is shaping the future of our work, our play and even how we form opinions. But who is shaping that technology? It’s been quite an economic run. The stock market has been climbing for a decade, and in that time, tech companies like Apple, Alphabet, Amazon and Facebook have gone
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We are entering the largest wealth transfer in history. Over the next 25 years, according to a report from research firm Cerulli Associates, 45 million U.S. households will pass a mind-boggling $68 trillion to their children — the biggest generational wealth transfer ever. Individual retirement accounts alone in the U.S. held more than $9 trillion
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GettyGetty One of the biggest pain points in property management is adjusting business needs to align with market conditions. Pricing units to compete against competition, anticipating market changes, getting a comprehensive view of a property’s performance — these are all very important factors for property management professionals to consider as they work to grow their
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Berkshire Hathaway Chairman and CEO Warren Buffett on Monday said “it would be a mistake” if former Starbucks CEO Howard Schultz ran for president as an independent against Donald Trump. Buffett weighed in on Schultz’s presidential aspirations in an interview on CNBC’s “Squawk Box” after saying he would endorse former New York Mayor Mike Bloomberg
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Warren Buffett said Monday that wealthy people pay lower taxes when compared to the rest of the United States population. “The wealthy are definitely undertaxed relative to the general population,” Buffett told CNBC’s Becky Quick on “Squawk Box.” Buffett’s comments come after Berkshire Hathaway released its fourth-quarter earnings and after Buffett put out his annual
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natureGetty I l-o-v-e making money. You too? But I’m quite certain money is just the outcome… of a very well-designed, intentional game. It’s an exciting insight, I admit. Knowing – no kidding, that the outcome… is not… the game. You get that, right? It took me a few life lessons to learn, to keep those
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The Cooneys walked into the office to hear their test results. Matt Cooney, a 79-year-old retired television sportscaster, was informed that his financial decision-making capacity was in jeopardy. Dobe Cooney admitted that her husband had lost track of their bills a few times lately. “We don’t leave the teeth in the refrigerator or anything like
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