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Monthly Archives: October 2019

Couples weigh ‘strategic divorce’ to save on taxes

Peter Dazeley | Photographer’s Choice | Getty Images Here’s an awkward question for your spouse: Would you be willing to get divorced to save a few dollars? Proposed wealth taxes from presidential candidates Sens. Elizabeth Warren and Bernie Sanders are stirring up chatter around so-called strategic divorce to avoid the …

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Famous Rolex watches could become 2 of most expensive sold at auction

Two vintage Rolex watches that ordinarily would be worth around $15,000 to $20,000 on the second-hand market are likely to command 10 to 100 times that value according to watch experts. The reason? One was worn by Hollywood legend Marlon Brando and the other by golf champion Jack Nicklaus. The …

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Earnings and stock performance are diverging, trader says

Earnings season is underway. JPMorgan, Johnson & Johnson and UnitedHealth unofficially kicked off the reporting period this week, sending broad markets within reach of all-time highs. But the positive earnings results belie a major divergence occurring in the market. While the S&P 500 has risen 20% this year, earnings growth …

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Retail sales, Netflix, Bank of America earnings

Here are the most important things to know about Wednesday before you hit the door. 1. Netflix redemption? Netflix reports third-quarter earnings after the bell on Wednesday. The once beloved streaming stock got pummeled this quarter as increased competition in the streaming wars and a slump in subscriber additions have …

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How much a $1,000 investment in Delta 10 years ago would be worth

Delta Air Lines was the first U.S. carrier to report third-quarter earnings this year, and despite rising costs putting pressure on the airline, strong travel demand helped its revenue and profit grow. Since returning to the public market in 2007, Delta’s stock has been a consistent performer, making it a …

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Four ways to not outlive your retirement savings

A man fishes in a lake. Twenty20 With some experts warning that $1 million in retirement savings might not even do the trick these days, it’s understandable if you’re kept up at night wondering: Will I have enough? Here’s another question worth asking: How should I spend what I have? …

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Earnings season gets off to a great start with only two misses

Johnson’s baby powder on a supermarket shelf in Alhambra, California. Frederick J. Brown | AFP | Getty Images The unofficial start to earnings season is off to a bullish beginning with companies like UnitedHealth, Johnson & Johnson, and J.P. Morgan Chase all blowing past analysts’ expectations, easing concerns that the …

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Experts are split on where to next

What’s in store for the S&P 500 as the final earnings season of the year kicks off? The index’s recent sideways action has made that question top of mind for investors — and, unsurprisingly, many disagree on the answer. “I think markets are positioned to surprise higher just … given …

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Trump on his way to an easy 2020 win if economy holds up

President Donald Trump looks likely to cruise to re-election next year under three different economic models Moody’s Analytics employed to gauge the 2020 race. Barring anything unusual happening, the president’s Electoral College victory could easily surpass his 2016 win over Democrat Hillary Clinton, which came by a 304-227 count. Moody’s …

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Charles Schwab Q3 earnings

A pedestrian holding an umbrella walks past a Charles Schwab office in New York. Scott Eells | Bloomberg | Getty Images Shares of Charles Schwab jumped on Tuesday after the brokerage giant said its client assets reached a record high this quarter, in its first earnings report since dropping commission …

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