Sen. Elizabeth Warren, who has been surging in Democratic presidential polls, has been softening her attacks on the rich and could win the White House, a billionaire investment titan and major Democratic donor told CNBC on Thursday. “I think she’s pivoting. I think she could win the election because she’s smart, she’s witty and she
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Grim as it may be, backup-generator maker Generac Holdings is soaring as power cuts in California become the norm. The stock opened at a new all-time high on Friday, and is up 85% for the year. This week PG&E announced another large-scale preemptive power cut for hundreds of thousands of customers in California. PG&E is
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Kenneth Fisher, chief executive officer of Fisher Investments, attends the Forbes Global CEO Conference in Sydney, Australia, on Tuesday, Sept. 28, 2010. Gillianne Tedder | Bloomberg | Getty Images The Employees Retirement System of Texas announced on Friday that it would end its relationship with Fisher Investments, yanking $350 million from the asset manager. “Texas
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New plan finder Screenshot The Open Enrollment Period is officially on so we must all use the new Medicare Plan Finder. In the month since its introduction, the Centers for Medicare and Medicaid Services (CMS) has made some changes and added information. Here’s an update on how the Plan Finder works now.  Drug costs still very problematic
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Economic Security Planning, Inc. Today’s column addresses whether dividends and interest are subject to the Social Security earnings test, spousal benefits before retirement benefits, public pensions and restricted applications, retirement benefits before spousal benefits and restating after suspending a retirement benefit. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and
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“On the surface, it’s hard to quarrel with anything that addresses the very strict planning system.” 123rf.com Amongst the headline announcements at the Conservative Party conference back at the start of the month was a slightly left-field approach to a housing market conundrum. Chancellor Sajid Javid and Housing Secretary Robert Jenrick revealed plans to allow
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Founder, Chairman, CEO and President of Amazon Jeff Bezos gives a thumbs up as he speaks during an event about Blue Origin’s space exploration plans in Washington, U.S., May 9, 2019. Clodagh Kilcoyne | Reuters Amazon shares took a major hit Thursday after its third-quarter earnings fell short of expectations. But one bright spot was
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The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of AT&T. Karen Finerman was a seller of eBay. Mark Tepper was a buyer of Activision Blizzard. Guy Adami was a buyer of Valero.  Disclosure Trader disclosure: Karen Finerman’s firm is long ANTM, C, CBS, CPRI, FB, FDX, FL,
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Democratic presidential candidate Elizabeth Warren‘s wealth-tax is not the right idea when it comes to raising government revenue and reducing income inequality in America, billionaire and longtime Democrat Ron Baron told CNBC on Friday. “I don’t think Elizabeth Warren would be successful … if she were chosen president in getting through the policies that she’s proposing,”
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CNBC’s Jim Cramer said on Friday that Amazon is not in trouble, despite missing on earnings and warning about holiday sales. “It’s a brilliant company,” Cramer said on “Squawk on the Street.” “This stock is a buy by next week, mid-week,” advising investors to wait until the selling clears out before getting in. Shares of
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CNBC | Jaden Urbi Big changes could be coming down the pipeline for the 44 million Americans with student debt. Presidential campaign proposals and recently introduced legislation aim to rewrite the rules around student loan interest, repayment and refinancing. Some of the plans would reduce — or altogether erase — people’s balances. More from Personal
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Our healthcare landlord Omega Healthcare Investors (OHI) is officially back. This 6% dividend has upside once again. We are about to receive our first payout raise since early 2018, which ends our seven-quarter drought in which the big dividend was paid but not raised. I say “drought” partially in jest because OHI yielded a fat
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Economic Security Planning, Inc. Today’s column address whether to take retroactive benefits at 70, spousal benefits before retirement benefits, divorced spousal benefits with a public pension, when spousal benefits become available and filing early to allow spousal benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
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As Wall Street gets through the thick of earnings season, CNBC’s Jim Cramer helps investors make sense of the stocks worth buying here. The “Mad Money” host points out what American companies are performing well in China, despite the trade war. Later in the show he reveals stocks worth picking up in the beaten-down software
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Founder of space company Blue Origin, Jeff Bezos, speaks about the future of commercial space travel. Brent Lewis | Denver Post | Getty Images Check out the companies making headlines in midday trading: Amazon stock plunged more than 7% in after-hours trading after the e-commerce giant reported third-quarter earnings fell short of street expectations. The
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A visual representation of bitcoin S3studio | Getty Images The rapid pace of technological change provides a breathtaking opportunity to challenge and change the world. We are moving toward a technology space that is swift, connected and digitized. This will not only reshape industries but also the regulatory frameworks around them. With this in mind,
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