Jane Fraser, chief executive officer for Latin American at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup named Jane Fraser president Thursday, filling a role that has been open since earlier this year. Citi CEO Michael
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The Los Angeles Fire and Police Pension System voted on Thursday to fire Fisher Investments, pulling about $522 million from the money manager. The nine-member board of commissioners voted in favor of terminating the relationship with the Camas, Washington-based firm, following lewd comments Ken Fisher had made at an investment conference on Oct. 8. The
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Getty There should be a “Leave No 401(k) Behind Law.” Too many people forget to take their retirement savings with them when they clean out their desks at their old employer. Why is this so pandemic and what should you do to inoculate yourself from this potentially debilitating financial disease? There’s a trend permeating throughout
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High five to the smart business owner who uses a Solo 401(k) to lower the taxes on their S-Corp. Getty Nobody likes paying more taxes than they need too.  Small business owners are lucky to have many opportunities to keep more of their hard-earned money through expert tax planning.  One of the biggest ways to slash
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Century Plaza dbox “Nobody walks in L.A.” This has been the city’s mantra for decades, but a $2.5 billion large scale development is on track to bring nearly six acres of pedestrian-friendly mixed-use space to a neighborhood largely known for its skyscrapers, office buildings and the filming lots of Fox Studios. Such a high-profile redevelopment
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A sign is posted outside of the PayPal headquarters in San Jose, California. Justin Sullivan | Getty Images PayPal had a break-out quarter, sending its stock surging after reporting earnings. The payments company beat Wall Street’s estimates across the board for the third-quarter results Wednesday evening. Investors applauded the outperformance, sending PayPal shares up more
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aviation-images.com | Universal Images Group | Getty Images Consumers are paying more attention to their carbon footprint and it could cost airlines billions of dollars, Citi said in a note to clients on Tuesday. The firm said that “flight shaming,” which it defines as “the inherent guilt that an individual feels as a result of
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null Getty Today, the Aspen Institute Financial Security Program published a report, “The Time is Now: Next Steps Toward a More Secure Retirement for All,” based and consensus ideas from its Leadership Forum on Retirement Savings, which convened “more than 70 experts and industry leaders” to “share, evaluate, and refine solutions to the nation’s retirement
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Share to facebook Share to twitter Share to linkedin “Let someone else fight over this long blood-stained sand,” Trump said. Mark Wilson/Getty Images Topline: Hours after Russian troops advanced further into northern Syria, President Trump announced on Wednesday that he will lift U.S. sanctions on Turkey after the country stopped hostilities and complied with a
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The situation surrounding a Hong Kong man accused of murder in Taiwan has become a diplomatic dispute — and it concerns the sensitive issue surrounding Taiwan’s sovereignty as the self-ruled island enters its election season. The case will “feature heavily in Taiwan media once he returns,” said Kelsey Broderick, China analyst at risk consultancy Eurasia
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Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington Lindsey Wasson | Reuters Boeing is expected to report third-quarter earnings before the market opens on Wednesday, as the aerospace giant faces a crisis with its top-selling 737 Max aircraft line. Here’s what Wall Street expects: EPS:
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One of Wall Street’s biggest bulls is on pullback watch. The bearish call from Capital Wealth Planning’s Jeffrey Saut stems from one of his proprietary gauges. “My very short-term trading indicator did flash a sell signal,” the firm’s chief investment strategist told CNBC’s “Trading Nation” on Wednesday. “We just on occasion try to make these
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Jeffrey Vinik Victor J. Blue | Bloomberg | Getty Images Jeffrey Vinik, the billionaire investor who relaunched his hedge fund earlier this year, is cutting his comeback tour short. “It has been much harder to raise money over the last several months than I anticipated,” Vinik said in a letter dated Wednesday to investors. The
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