Month: September 2017

Singapore landed the top spot for the third year running in 2017, thanks to its strong performance across the full range of economic, experience and family criteria. The city scored especially highly with regards to improving earnings and job prospects. The average annual salary comes in at $117,904. This is $18,000 higher than the average
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Three different measures of valuation are leading one portfolio manager to approach the market with a cautious tone. “We’re concluding that we’re in a low-return environment and investors should be cautious,” on equities at this juncture, said Chad Morganlander, a portfolio manager at Washington Crossing Advisors. He considered three measures of valuation that leads him
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Zach Gibson | Bloomberg | Getty Images Jay Clayton, chairman of U.S. Securities and Exchange Commission Equifax, a consumer credit rating company, recently revealed that the credit records of some 143 million individuals were hacked. Disclosure of the incident wasn’t made public for weeks after it was discovered. Company CEO Richard Smith suddenly retired Tuesday.
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Most Americans would rather not shell out extra cash to their bank in overdraft fees. Sadly, many still do. Altogether, Americans paid $15 billion in fees for bounced checks and other overdrafts last year, the Consumer Financial Protection Bureau has said. Almost half of Americans who’ve had a checking account have been charged an overdraft
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The year hurricanes Katrina and Wilma devastated Florida and Louisiana, Bill Begal’s property restoration and cleanup business took in more than $10 million in revenue. An average year, by comparison, could bring in up to $4 million — not bad for a company bootstrapped inside a family dry-cleaning store more than 20 years ago. “Flooding
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While Olive Garden’s same-store sales grew 1.9 percent in the first quarter, its 12th-consecutive quarter of positive growth, they fell short of Wall Street’s expectation of 2.5 percent, according to StreetAccount. Darden said that Olive Garden’s same-store sales would have been up 2.2 percent if not for Hurricane Harvey. Darden’s Bahama Breeze also saw same-store
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Check out the companies making headlines after the bell: Red Hat‘s stock jumped more than 4 percent in extended trading after the company posted better-than-expected second quarter results. Facebook shares were little moved in after-hours trading after a new Washington Post report said that Russian operatives used ads on the social network to foment antagonism
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“North Korea’s air defenses are not great,” said Ian Williams, associate director of the Missile Defense Project at the Center for Strategic and International Studies, a Washington-based think tank. “That’s actually one area of missile technology where they haven’t made huge advances in the past few years.” Analysts told CNBC the North’s new KN-06 surface-to-air
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John Leyba | The Denver Post | Getty Images The Dallas Cowboys owner, president and general manager Jerry Jones The controversy over the National Football League and President Donald Trump over the weekend has cast a spotlight on the earnings of the top players. But the big bucks from the NFL continue to flow to
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If, like most Americans, your retirement savings are falling short, pack your bags. You’ll be better off living in Birmingham, Alabama, Memphis, Tennessee, or Detroit. Using criteria such as groceries, housing, utilities, transportation and health care, GoBankingRates found the cheapest places to retire in the country’s 150 biggest cities. At the foothills of the Appalachian
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Courtney’s client isn’t nearly as diversified as one might imagine. By having money spread out in different funds tracking the Russell 1000 index, “it makes it seem like you’re diversified,” said Courtney. “But they’re all behaving the same way.” Anything that creates trouble for large firms will impact the client’s entire portfolio. That’s fine in
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