It’s still 10 months until Christmas, but one big financial player is already planning a new lure to get you to sign up for instant credit at checkout both in store and online this coming holiday season. Fortunately, we’ve got better options for you! RELATED: Venmo settles FTC allegations about privacy violations and delayed funds
Salesforce stock rose 2 percent shortly after the company reported better-than-expected earnings for the fourth quarter of its 2018 fiscal year, which ended on Jan. 31, after the bell on Wednesday. Here’s how the company did: Earnings: Excluding certain items, 35 cents in earnings per share vs. 33 cents as expected by analysts, according to
When you think of the phrase “Dine & Dash,” it probably conjures up the idea of eating at a restaurant and skipping out on the bill. It may sound exciting but, obviously, it’s a crime. Enter banking services company Barclaycard, who are turning the term on its head with a new concept that aims to
The IRS has launched its new income tax withholding calculator, giving workers guidance on how much they should deduct for these levies under the new law. Treasury Secretary Steven Mnuchin announced the release of the online tool at a news conference Wednesday. This is the latest step the tax collection agency is taking to reflect
Adam Jeffery | CNBC The historic Pony Express cover signed by co-founder William H. Russell estimated to fetch between $75,000 and $100,000 at auction. He also has a block of six of the first U.S. stamps, which were issued in 1847, worth between $500,000 and $750,000. Charles Shreve, director for Robert A. Siegel Auction Galleries
Investors should buy Verizon shares after its drop this year due to tax reform and its attractive valuation, according to one Wall Street firm. MoffettNathanson raised its rating to buy from neutral for Verizon shares, citing the company’s low valuation. “We believe that the stock has sold off enough, and that on balance, the rewards
If you’re an entrepreneur, you may qualify for a 20 percent deduction against qualified business income. This break is available to pass-through entities, including S corporations and limited liability companies. In general, to qualify for the full deduction, your taxable income must be below $157,500 if you’re single or $315,000 if you’re married and file
Getty Images A sign is posted in front of a Hertz car sales and rental car office on August 8, 2017 in South San Francisco, California. Shares of Hertz Global sank further after the opening bell on Wednesday, with the car rental company’s post-earnings call failing to settle investors’ nerves after it reported a bigger-than-expected
The Federal Trade Commission (FTC) has reached a settlement with Venmo owner PayPal over how the money transfer app handled privacy disclosures and delayed funds to customers after saying their money was available. RELATED: Citi to refund $335M to some credit card customers Venmo is supposed to be a consumer-friendly way to transfer money to
Off-price apparel retailer TJX on Wednesday beat analysts’ estimates forholiday-quarter same-store sales as discounts drew more shoppers to its Marmaxx and TJX Canada stores, sending its shares to a record high. The company’s shares rose as much as 8.6 percent to $83.95 in early trading. TJX, which has succeeded in bucking the larger slowdown in
Valeant Pharmaceuticals on Wednesday gave a weaker-than-expected revenue forecast for 2018, as several of its major drugs face more competition from generics. The Canada-based drugmaker’s revenue will also be pressured as the company continues selling off businesses to free up cash and reduce its debt burden of some $25 billion. Valeant has already divested its
Reporting requirements for foreign accounts have become a high-profile issue. Last week, special counsel Robert Mueller filed a slate of charges against two former Trump campaign officials, Paul Manafort and Rick Gates. Among the allegations were charges of “failure to file reports of foreign bank and financial accounts.” After Gates pleaded guilty to conspiracy and
However, for many people with hefty state and local tax bills, the new federal tax law gives municipal bonds some appeal. The new law caps the state and local tax deduction that can be claimed on federal returns at $10,000. For many households, that cap will outweigh any potential benefits from other changes in the
Sherwin-Williams is deepening a decades-old relationship with Lowe’s, making it the only nationwide home center to offer Sherwin’s popular brands including Minwax, Cabot and Thompson’s Water Seal. Sherwin-Williams will continue to operate its own stores. On the day the deal was announced, Lowe’s also reported quarterly earnings that fell short as profit margins were squeezed.
Looks like the young whippersnappers can teach a few of us old folks about saving money! A recent poll of more than 1,000 Americans conducted by Princeton Survey Research Associates International (PSRAI) finds millennials are doing a great job saving money. RELATED: 5 of Clark Howard’s most extreme frugal hacks Millennials are a financially maligned
It looks like the Tooth Fairy was strapped for cash in 2017. The average payout for a child’s tooth dropped from $4.66 to $4.13, a decrease of 11%, according to an annual survey by Delta Dental, which asked 1,007 parents of 6- to 12-year-olds about Tooth Fairy spending habits. The poll was conducted in mid-December.
The IRS has a new warning about fake tax refunds being deposited into the bank accounts of taxpayers. Most of the taxpayers being targeted in this scam likely had their client data stolen from tax professionals earlier this tax season. RELATED: Here’s your 2018 estimated tax refund schedule In early February, the IRS noticed a
How do you stack up against the wealthiest Americans? To be a 1 percenter, you need to have an adjusted gross income of at least $480,930, according to the latest data from the IRS, which looked at income statistics for tax year 2015. The top 1 percent accounted for 1.4 million individual income tax returns
Taxation of stock options depends on what kind you have, and how long you hold those options before selling them. There are incentive stock options (which must meet specific rules under the tax code) and non-qualified stock options (pretty much everything that isn’t an ISO). For non-qualified stock options, generally speaking, you pay taxes when
Maybe those rumors about the demise of bank branches are being greatly exaggerated, after all. While some big banks are pulling the plug on their physical locations as more customers go digital, a couple of major players are bucking the trend and getting ready to open hundreds of new branches over the next four to
An interview with billionaire and CEO of Berkshire Hathaway, Warren Buffett. In this interview, Warren discusses investing in stocks and bonds and why bitcoin is gambling. Warren also talks…
A period of very calm and quiet trading has lulled investors into a sense of complacency that, by some measures, has not been seen in years, according to some financial advisors. The recent sharp movements in markets have been a wake-up call for complacent investors, experts say. From February 2016-January 2018, volatility in the stock
They say love is blind, but not when it comes to credit card debt. More than 3 in 4 Americans consider too much card debt a relationship deal breaker, according to personal finance site Finder.com. How much is too much? On average, the debt became unacceptable once balances topped $11,525, the site found. Fortunately, that
PeopleImages | Getty Images Whether a variable annuity is a good option depends on all sorts of related financial considerations, including other sources of income in retirement and your individual situation and goals. It isn’t every day that an older client might consult experts to help him become impoverished as he prepares for long-term care.
Macy’s turnaround plans are taking hold, marking a positive sign for the overall retail industry, and the company expects the momentum to continue into 2018. In an interview Tuesday with CNBC, CEO Jeff Gennette said same-store sales were up 3 percent in January, as the company had fresher merchandise in stores and less carryover from
SeaWorld Entertainment posted a fourth-quarter loss of $20.4 million and says CEO Joel Manby is stepping down. John Reilly, the chief parks operations officer, will take over on an interim basis. On a per-share basis, the Orlando, Florida, company had a loss of 24 cents, which is worse than the per-share loss of 18 cents
BBC News via AP This framegrab made available by the BBC on Monday May 2, 2016 shows creator of the Bitcoin, Craig Wright speaking in London. In 2011, the pair founded a Florida-based firm called W&K Info Defense Research LLC, which was engaged in bitcoin mining and software development and research. Kleiman owned between 50
Imagine being able to pay around $200 for a computer that is simple to operate, super-fast to boot up and can serve as the linchpin in your strategy to protect yourself and your finances from cyber-threats. Those are just a few of the reasons why money expert Clark Howard loves his ‘Financial Chromebook!’ You’re probably
U.S. luxury homebuilder Toll Brothers reported a first-quarter profit on Tuesday that beat analysts’ estimates as it sold more homes at higher prices, sending its shares up 2 percent in premarket trading. Toll’s results underscore strong demand in the housing market despite climbing interest rates and supply constraints including higher labor and raw material costs.
Cybersecurity company Palo Alto Networks’ quarterly revenue and profit topped Wall Street estimates and the company gave an upbeat third-quarter forecast, helped by better-than-expected growth in its product business. The company’s shares rose 5.1 percent to $178 after the bell on Monday. Revenue in the company’s product business, which includes firewall protection software Panorama, rose