Month: September 2017

Of course, financial aid calculations are Byzantine and case-specific. If you’re going to try to shuffle assets, you should first be sure you understand all the applicable rules and trade-offs. Furthermore, shifting parental assets won’t make a big difference unless you’re looking at large sums, said Mark Kantrowitz, publisher and vice president of strategy for
0 Comments
Peter Altmaier, German Chancellor Angela Merkel’s chief of staff, will take over as acting finance minister from Wolfgang Schaeuble when he leaves office, German newspaper Sueddeutsche Zeitung reported on Friday. It said, without citing its sources, that Merkel had made the decision. On Wednesday 75-year-old veteran conservative Schaeuble agreed to become president of the parliament
0 Comments
The U.S. Federal Aviation Administration said Thursday it was restricting drone flights over 10 U.S. landmarks, including the Statue of Liberty and Mount Rushmore at the request of national security and law enforcement agencies. The FAA and U.S. Interior Department said they would restrict drone flights up to 400 feet within the boundaries of the
0 Comments
Andrew Harrer | Bloomberg | Getty Images The Twitter Inc. account of U.S. President Donald Trump, @realDoanldTrump Check out the companies making headlines after the bell: Tyson Foods shares jumped 5.4 percent in extended trading after the company boosted its earnings guidance for the fiscal year on strong beef-segment earnings Shares of KB Home rose
0 Comments
Who uses the mortgage interest deduction, by income 0 to $50,000 2.32 million $1.11 billion $50,000 to $100,000 9.77 million $9.19 billion $100,000 to $200,000 14.6 million $24.85 billion $200,000 & up 7.18 million $29.78 billion Totals: 33.87 million $64.93 billion Source: 2016 data from Joint Committee on Taxation report. *Income ranges include AGI plus
0 Comments
Noted hedge fund manager Whitney Tilson is reportedly shutting down his fund at a time when industry assets are growing but returns continue to lag. Tilson notified clients on Sunday that his Kase Capital Management was shuttering the fund. The fund managed $180 million at its peak —a relatively modest sum by the $3 trillion
0 Comments
Most of the wealth was in Asia-Pacific, but North America came just 0.8 percent short with 18 percent of the global wealth. Europe placed third with 14.7 percent. Similarly, most millionaires resided in the Asia-Pacific region, 5.5 percent of them in total. North America followed suit, hosting 5.2 percent of the world’s millionaires and Europe
0 Comments
Finally, Cramer drew a comparison between two seemingly disconnected companies: sneaker giant Nike and semiconductor manufacturer Micron. The “Mad Money” host said they both rely on supply and demand, or, in more basic terms, inventory, to succeed in their respective sectors. Micron is currently seeing low supply and a surge of demand, which contributed to
0 Comments
A spokesperson for AIR Worldwide told CNBC the catastrophe-modeling firm conducted an earthquake model analysis and found simulated events impacting California could result in “upwards of $300 billion in total ground-up losses to properties.” An analysis by CoreLogic, a global data analytics firm, specifically looked at a large quake along the San Andreas Fault and
0 Comments