Pen and paper may no longer be the final course in your dining experience. Starting this month, four major firms – MasterCard, Discover, American Express and Visa – will no longer require many merchants to collect customer signatures. The companies’ announcements of the change all came in recent months, with executives pointing to reasons including
When it comes to applying to college, there is only one notification more significant than being accepted: the financial aid letter. But unlike getting in, it’s rarely black and white. Financially, a lot is at stake. With college expenses steadily increasing, affordability is the No. 1 concern for this year’s crop of high school seniors.
Even in its early stages, blockchain is acquiring such renown for potential that any business associating itself with the term can attract new investment overnight, prompting some to use “the B word” so casually that they’ve also attracted attention from regulators. Core blockchain software lives on the internet, available to anyone with a modem, just
The recent decline in Nvidia shares is a great buying opportunity, according to Bank of America Merrill Lynch. The firm reiterated its buy rating for the chipmaker and added the company to its US1 top ideas list. It cited the company’s product leadership several large growth categories. Nvidia is “one of the more unique investments
Spotify Technology’s unusual route to becoming a public company is a test case for other multibillion-dollar tech companies that are looking to sell their shares but are not in need of cash. On Tuesday, investors will be able to buy and sell shares in the Swedish music streaming service in the New York Stock Exchange’s
Twenty-First Century Fox said it could legally separate Sky News within the wider Sky group to allay the concerns of a British regulator about the news service’s continuing independence under Rupert Murdoch’s ownership. It also said it could sell the 24-hour news channel to Walt Disney if its bid to acquire the 61 percent of
Michael Nagle | Bloomberg | Getty Images Guests attend a pool party in the penthouse apartment at the 50 United Nations Plaza building in New York. About 3,574 newly built apartments will reach the market in 2016, according to brokerage Corcoran Sunshine Marketing Group. Real estate sales in Manhattan plunged 25 percent in the first
That’s entirely possible, said Alexander Capri, visiting senior fellow at National University of Singapore. Still, it’s nearly impossible for companies to completely ignore the U.S., he added. To leapfrog American tariffs, some Pacific-based corporations that can’t afford to be excluded from the U.S. market may move manufacturing stateside, which would harmonize with the White House’s
Grab could, however, face even more formidable challengers than Uber in the race to bank the unbanked. China’s big tech firms are competing in the space with Tencent’s WeChat pay and Alibaba affiliate Ant Financial and have announced recent expansion plans in Southeast Asia. But Tan left the door open to teaming with, rather than
Monday’s broad-based sell-off pushed stocks below important technical levels, signaling more pain ahead for the market. “The story you just can’t avoid is the cracking leadership of this market,” said James Paulsen, chief investment strategist at Leuthold Group. In afternoon trading, 10 of 11 major S&P sectors were trading at correction levels Monday, 10 percent
David J. Phillip | AP President George W. Bush, left, shares a laugh with Pastor Kirbyjon Caldwell as they are introduced during a fundraiser for the Power Center, a huge multi-use complex in southwest Houston, which is celebrating its’ 10th anniversary Friday, Sept. 12, 2003. The U.S. Department of Justice announced March 29 that a
Thwarting office lunch theft The takeaway for lunch thieves is simple: Don’t. “There are just certain ground rules for how you behave in the workplace,” Schawbel said. “If it’s not yours, don’t touch it.” To avoid becoming either victim or perpetrator in an accidental theft, Green said, “be careful that whatever you’re taking out of
Frederick Florin | AFP | Getty Images An employee works on the production of insulin pens at the factory of the US pharmaceutical company Eli Lilly in Fegersheim, France. Pharmaceutical stocks are trading at one of their largest discounts to the market in nearly 10 years, J.P. Morgan told clients Monday. “This underperformance reflects ongoing
Bitcoin prices rallied above $7,000 on Monday after shedding 25 percent last week, as major U.S. stock markets fell. The digital currency gained more than $500 from Easter Sunday, according to data from CoinDesk. Bitcoin traded at $7,004 as of 12:56 p.m. ET Monday. It is still down more than 50 percent year to date.
Of course, your exact circumstances will vary, but you can use the principles above to run your own personalized numbers. Maybe you can earn more and save less. Or perhaps you’re better at saving than earning. Or maybe your side hustle can become a $30,000 per year business. Simply run the numbers with your particular
The current stock market tumult should ease once companies accelerate the repurchase of their own shares, according to a Deutsche Bank analysis. Major indexes fell back to around correction territory Monday thanks to a pullback in tech stocks, which have served as one part of a multi-pronged set of market obstacles over the past two
The IRS has outlined reporting responsibilities for cryptocurrency users. Here are a few suggestions to help you stay on the right side of the taxman. Think beyond sales: If you bought a cup of coffee from a merchant that accepts virtual currency, you’ll need to report it. “You can get cryptocurrency as a gift or
Market volatility is the statistical measure of a market or security’s tendency to rise or fall sharply within a short period of time. Measured by standard deviation, volatility can be caused by the imbalances within trade orders in one direction or another. Volatile markets are characterized by wide price fluctuations and/or heavy trading. Although there
Porter tells potential clients that he focuses on not guessing the market by buying index funds that buy broad swaths of the market; keeping costs as low as possible, such as fewer transaction costs and not paying analyst fees; and focusing on tax efficiency, by relocating assets from tax-inefficient types of investments to tax-advantaged accounts.
Jonathan Ernst | Reuters President Donald Trump delivers remarks on the U.S. opioid crisis, at Manchester Community College in Manchester, New Hampshire, March 19, 2018. Amazon shares fell nearly 2 in the premarket Monday after President Donald Trump attacked the company from his Twitter account. The president said via Twitter on Saturday that Amazon was
The second quarter: Start of a tech unwind, or another run at historic highs? The first quarter started euphorically, with stocks at historic highs in January, but ended in confusion. First it was inflation fears in February, then tariffs and trade wars in March. Worries about big tech came at the end, making it the
Airbnb may seem like an overnight success story. In 2008, three college graduates put their heads together from an apartment in San Francisco and completely reimagined the way we see vacation accommodation. Today, just ten years on, their platform features more than 4.5 million rental properties, from Scandinavian tree-houses to Fijian private islands. But it
Still, large employers are pushing for new models to reign in health costs and improve care. Amazon, Berkshire Hathaway and J.P. Morgan have joined together to create a firm, which will try to reduce costs and improve care for their combined workforces of 1 million people. Three years ago, when four of the major health
From a financial perspective, moving back home can provide millennials, like Becca Story, with an opportunity to start paying back loans or build up an emergency fund with a goal of getting to independence. For parents, however, having grown children at home can be substantially more expensive at a time when their own retirement looms.