When her autistic son, Gregory, was nearing 18, Kathy Hebert made a call to her longtime brokerage firm for financial advice related to his special needs and hung up in tears. They just didnt get it. Then, she made a cold call to Bank of America Merrill Lynch financial advisor Daniel Cutter who helped Hebert and her husband figure out the special needs puzzle, with the handholding required. These....More>>>
While U.S. equities continue their sideways skid just below the Dow 20,000 threshold — a level that has provided intractable for the last five weeks — buyers aren’t sitting still. Since the New Year, vigorous new interest has been seen in biotech stocks as hopes build for president-elect Donald Trump’s plans to repeal and replace Obamacare, potentially improving both cost....More>>>
Stocks fell today in tandem with U.S. Treasury bonds, raising concerns that the market might not be able to withstand higher interest rates.
The S&P 500 fell 0.3% to 2,133.04 today, while the Dow Jones Industrial Average declined 29.65 points, or 0.2%, to 18,169.68. The Nasdaq Composite fell 0.7% to 5,215.97. 10-year Treausry notes fell as their yields rose....More>>>
Warren Buffetts Berkshire Hathaway Inc. said fourth-quarter net earnings rose nearly 15%, boosted in part by the stock markets end-of-year gains.
Berkshires year-end results were released Saturday alongside Buffetts closely read annual letter to shareholders.
Berkshire Hathaway ....More>>>
If there’s one thing taxpayers fear more than owing the IRS money, it’s having their returns audited. While your chances of getting audited are statistically pretty low, it pays to be aware of the moves that could land you on the tax man’s watch list. With that in mind, here are three tax deductions that could result in an audit if you’re not careful about how you claim them.
Toshiba’s chairman is stepping down after the Japanese company reported a $6.3 billion writedown at its troubled U.S. nuclear business.
The massive hit dragged the struggling conglomerate to an estimated net loss of $4.4 billion for the nine months ending December 31, raising concerns about whether it can survive its latest financial woes.
Chairman Shigenori Shiga is resigning....More>>>
With stocks trading near record highs, traders have a lot to be thankful for this Thanksgiving.
And theyll have had plenty of time to reflect on their good fortune (or not) with markets closed Thursday in observance of Thanksgiving plus, as has been the case since 1992, the stock exchanges observe an abbreviated session on Black Friday, the traditional kickoff to the holiday shopping season.top....More>>>
As top Republicans see it, a medical malpractice crisis is threatening U.S. health care: Frivolous lawsuits are driving up malpractice insurance premiums and forcing physicians out of business. Doctors and hospitals live in fear of litigation, ordering excessive tests and treatments that make health care unaffordable for Americans.
That’s why Republican House Speaker Paul Ryan and....More>>>
JPMorgan victim of hacking attack An American hacker fugitive accused of hacking into JPMorgan Chase in the “largest theft of customer data” from an American bank was arrested on Wednesday, according to the U.S. Department of Justice.
At this time last year, Joshua Samuel Aaron was believed to be hiding in Moscow — the last remaining member of a three-person team....More>>>