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Mario Gabelli on Tariffs, Treasuries, Taxes and Technology

He’s bullish on Paccar, Madison Square Garden, Sony, and more......»»

Category: topSource: barronsJul 14th, 2018

Inflation just saw its sharpest jump since 2012 — and it"ll hurt some more than others

Yuri Gripas/Reuters Consumer prices rose 2.9% in June compared to a year ago.  That is the sharpest increase since 2012. Inflation can hurt some more than others in the economy. Inflation “looks quite good,&r.....»»

Category: topSource: businessinsiderJul 14th, 2018

Could you get by on the average retirement income?

The average household led by a retiree makes $48,000 annually before taxes and spends roughly $46,000 a year. That’s according to the Bureau of Labor Statistics’ (BLS) measure of the….....»»

Category: topSource: moneycentralJul 14th, 2018

Bond Report: 2-year Treasury yield posts biggest weekly jump in a month

Short-dated Treasury yields rose after senior Federal Reserve officials highlighted the positive growth outlook and the need to hike rates at the current pace.....»»

Category: topSource: marketwatchJul 13th, 2018

U.S. banks gain from Washington policy changes but trade worries loom

Second-quarter earnings reports from three of the biggest U.S. banks on Friday showed the sector is benefiting from policy changes in Washington that have lowered their taxes, boosted interest rates and allowed them to buy back more stock......»»

Category: topSource: reutersJul 13th, 2018

JP Morgan posts record second-quarter profit on unexpected jump in trading revenue - CNBC

CNBCJP Morgan posts record second-quarter profit on unexpected jump in trading revenueCNBCJ.P. Morgan Chase, the biggest U.S. lender .....»»

Category: topSource: googlenewsJul 13th, 2018

Florida ranked the 5th best state for retirement

A new study crowned Florida as one of the best states to retire, but not No. 1. The study, conducted by Bankrate.com, used seven factors to compile the list. Cost of living, taxes, health care quality, weather, crime rate, cultural vitality and well.....»»

Category: topSource: bizjournalsJul 13th, 2018

JPMorgan Earnings Get Boost From Interest Rates, Lower Taxes

Dow component JPMorgan Chase reported second-quarter results Friday morning that beat estimates from analysts on both revenues and profits......»»

Category: blogSource: 247wallstJul 13th, 2018

JPMorgan"s profits rise 18 percent, helped by lower taxes

JPMorgan Chase says second-quarter profits rose by 18 percent from a year ago, as the bank continues to benefit from higher interest rates and a lower tax bill following last year's passage of President Donald Trump's tax law......»»

Category: topSource: foxnewsJul 13th, 2018

China"s June exports jump, surplus with U.S. at record high

China's import growth slowed in May......»»

Category: topSource: foxnewsJul 13th, 2018

Amazon would generate $31 million in taxes for Schodack, study shows

The 800 jobs that would be created at a massive Amazon distribution center in rural Rensselaer County would have annual earnings of $22 million — about $27,600 on average per employee — according to an economic analysis. The analysis was done on be.....»»

Category: topSource: bizjournalsJul 12th, 2018

Here Are the Best (and Worst) States to Retire

Health care, taxes, and crime. If you’re thinking about retirement -- or just dreaming about i.....»»

Category: europeSource: fortuneJul 12th, 2018

Aetna, CVS jump after report says DOJ won"t oppose merger

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJul 12th, 2018

This Day In Market History: Congress Passes 16th Amendment On Income Taxes

Each .....»»

Category: blogSource: benzingaJul 12th, 2018

Stocks jump as jitters over China trade conflict fade

Stocks traded higher on Thursday as trade fears declined amid a lack of retaliatory tariffs by China to the latest round of charges by the U.S......»»

Category: topSource: moneycentralJul 12th, 2018

Stocks jump as jitters over China trade conflict fade

Stocks traded higher on Thursday as trade fears declined amid a lack of retaliatory tariffs by China to the latest round of charges by the U.S......»»

Category: topSource: moneycentralJul 12th, 2018

Owe back taxes? You could lose your passport

The IRS is now enforcing a 2015 law that allows blocking passport renewals for those with delinquent tax debt.....»»

Category: topSource: moneycentralJul 12th, 2018

Delta Air shares jump 1.9% premarket after earnings beat estimates

Delta Air Lines Inc. said Thursday it had net income of $1.025 billion,.....»»

Category: topSource: marketwatchJul 12th, 2018

Delta slashes 2018 forecast, quarterly profit drops

Delta Air Lines Inc reported a 13.6 percent drop in quarterly profit on Thursday as its operating expenses swelled due to a 38.8 percent jump in fuel costs......»»

Category: topSource: reutersJul 12th, 2018

Global Stocks, US Futures Jump As Trade War Fears Recede, Commodities Spike

The "trade war on, trade war off" market is back. One day after global markets tumbled, .....»»

Category: blogSource: zerohedgeJul 12th, 2018