Once you reach age 65 and are eligible for Medicare, sorting through your options can be tricky. Add in any layer of complexity to the maze — i.e., jumping in and out of the workforce, dropping and picking up coverage — and look out. The program comes with rules — lots of them. And if
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William “Bill” Gerstenmaier in his former role as NASA Associate Administrator for Human Exploration and Operations. NASA/Bill Ingalls SpaceX is only a couple of months away from its first attempt at launching astronauts and the company has brought in one of the foremost experts in human spaceflight to help it do so successfully. William Gerstenmaier,
Yunus Arakon | E+ | Getty Images Investor money ensnared in alleged Ponzi schemes has hit its highest level in a decade, leading to concern that a booming stock market and de-regulatory agenda are pushing more fraudsters to bilk unsuspecting investors. State and federal authorities uncovered 60 alleged Ponzi schemes last year with a total
An Under Armour store front is seen on November 04, 2019 in Sunrise, Florida. Joe Raedle | Getty Images Under Armour shares plummeted Monday morning after the company reported sales that missed analysts’ estimates during the holiday quarter and issued a bleak outlook. It said it is facing “ongoing demand challenges” for its athletic apparel
Medical workers in protective suits move a patient at an isolated ward of a hospital in Caidian district following an outbreak of the novel coronavirus in Wuhan, Hubei province, China February 6, 2020. China Daily | Reuters This is a live blog. Check back for updates. All times below are in Eastern time. Total confirmed
Read more at https://on.ft.com/2RRRwhB Where do companies already in debt turn to for credit? Leveraged lending has seen a rapid rise since the financial crisis of 2008, hitting over $1tn in the US alone. But as lender protections weaken and more investors snap up these risky assets, some watchdogs warn that the booming market could
From kitchens deep within Miami Hard Rock Stadium, a culinary staff of 3,000 people are dishing out all the food for Super Bowl LIV. Chefs are flown in from all over the country to help feed 215,000 of football’s biggest fans. They’re hustling non-stop to cook 10,000 hot dogs and 400 different menu items in
Tesla will begin delivering its first solar roof tiles this summer at a price point that could expand the U.S. solar market. Bloomberg’s Tom Randall explains how the tiles work, how they’re priced and why Elon Musk sees them as part of a solar-powered trifecta. Read more about the pricing here: https://www.bloomberg.com/news/articles/2017-05-11/tesla-s-solar-roof-sets-musk-s-grand-unification-into-motion ———- Like this
Two years ago, FaZe Dubs and FaZe Megga were just teens playing video games in their bedrooms. Now, they are making over $100,000 playing “Fortnite” and are two of the youngest players in the Fortnite World Cup. #Fortnite #FaZeDubs #FaZeMegga #CNNBusiness
NICHOLAS KAMM As student debt continues to climb, President Donald Trump released a budget for 2021 on Monday that would slash many of the programs aimed at helping borrowers. Student loan spending would be cut by $170 billion in Trump’s plan, titled “A Budget for America’s Future.” The cuts include “sensible annual and lifetime loan
A pigeon flies over a Exxon mobil gas station on October 25, 2018 in Gutenberg New Jersey. Kena Betancur | Corbis News | Getty Images TD Ameritrade‘s millennial investors were attracted to a somewhat surprising stock in January: ExxonMobil. “One of the most bought stocks by our millennials,” JJ Kinahan, the brokerage firm’s chief market
Monzo co-founder and CEO Tom Blomfield. Monzo Tom Blomfield doesn’t think big banks will ever undergo a digital transformation. The British fintech entrepreneur says banking behemoths like Barclays and HSBC are saddled with outdated technology and a risk-averse culture to respond to the challenge that upstarts like his digital bank, Monzo, present. “The banks really
A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Peloton shares plummeted as much as 12% in extended trading Wednesday after the fitness company reported mounting losses and slower
A woman wearing a protective mask looks at her mobile phone while waiting for transport at Hongqiao high-speed railway station before Lunar New Year in Shanghai, China, Jan. 22, 2020. Qilai Shen | Bloomberg | Getty Images China has released a mobile app that tracks people and alerts them if they have been in “close
Donald Trump Carlo Allegri | Reuters Whether you love or hate the Tax Cuts and Jobs Act, President Donald Trump wants to keep the tax overhaul going. The president released his proposed budget for 2021 on Monday. In the spending plan, the President is calling for an extension of the individual tax cuts set to
As big endowment funds face mounting pressure to reduce their exposure to the fossil fuel industry, there’s one thing making their decision easier: the energy sector’s underperformance. In the last ten years, the S&P energy sector gained just 1% as low oil prices, high operational costs and shifting consumer sentiment set off a wave of
Kang-ho Song, Hye-jin Jang, Woo-sik Choi, So-dam Park in the movie “Parasite.” Source: Parasite In “Parasite,” the South Korean thriller that took home four Oscars Sunday night, including the award for best picture, the tension between rich and poor is on full display, juxtaposing the luxury and abundance of the haves with the hardship and
A Popeyes restaurant is seen on in Washington D.C. Eric Baradat | AFP | Getty Images The return of Popeyes’ chicken sandwich helped parent company Restaurant Brands International top analysts’ expectations for its quarterly earnings and revenue. Shares of the company jumped nearly 4% in premarket trading on Monday. Here’s what the company reported compared
Hospital staff in protective garments walk at a checkpoint to the Hubei province exclusion zone at the Jiujiang Yangtze River Bridge in Jiujiang, Jiangxi province, China, as the country is hit by an outbreak of a new coronavirus, February 1, 2020. The banner reads: ‘Committed to the fight to prevent and control the epidemic’. Thomas
With a few tricks, these restaurants still manage to turn a profit — despite offering endless food. ————————————————– Follow Business Insider on Twitter: https://twitter.com/businessinsider Follow BI on Facebook: http://bit.ly/1W9Lk0n Read more: http://www.businessinsider.com/ ————————————————– Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know
FT political correspondent Laura Hughes runs through the key issues. Boris Johnson and Jeremy Corbyn have radically different visions for the UK. What are their policies on Brexit, the economy and the NHS? And what will it mean for the country? ► Check out our Community tab for more stories on the economy. ► Listen
Amish businesses have a 95% success rate at staying open at least five years, according to research.
Mar.01 — Oprah Winfrey reveals what the poet Maya Angelou told her about creating a legacy and understanding the value of what one leaves behind. She speaks with David Rubenstein in the season two premiere of “The David Rubenstein Show: Peer-to-Peer Conversations” on Bloomberg Television.
When financial advisor Liz Miller took on a client whose spouse had recently died, she realized a piece of the survivor’s financial life needed more attention than her wealth management services would provide. That is, the client needed help with the basics of managing money because her late husband had handled everything. “She hadn’t been
A Tesla Model S is displayed during the London Motor and Tech Show at ExCel on May 16, 2019 in London, England. John Keeble | Getty Images News | Getty Images Tesla’s valuation has soared well past other automakers, even those which produce millions more cars each year, causing Morgan Stanley to take a look
Canada Goose (GOOS) – The outerwear maker reported better-than-expected profit and revenue for its fiscal third quarter, but also said the coronavirus outbreak is having a “material negative impact” during the current quarter. The company did add that no supply chain interruptions have occurred as a result of the virus. Hanesbrands (HBI) – The underwear
A 2020 Toyota Highlander goes down the line at the automaker’s plant in southern Indiana. Toyota Toyota Motor nudged up its annual operating profit forecast by 4.2% on favorable currency rates and better-than-expected sales, but added the impact of the new coronavirus was hard to gauge and had not yet been factored in. Automakers have
“Parasite” producers Kwak Sin-ae (L) and Bong Joon-ho (R) accept the award for Best Picture for “Parasite” during the 92nd Oscars at the Dolby Theatre in Hollywood, California on February 9, 2020. MARK RALSTON For the first time ever a non-English language film has won the best picture Oscar at the Academy Awards. On Sunday,
Former New York City mayor Michael Bloomberg, a democratic presidential candidate, attends the U.S Conference of Mayors 88th Winter Meeting in Washington, D.C, January 22, 2020. Yasin Ozturk | Anadolu Agency | Getty Images Democratic presidential candidates are taking aim at a new tax break for small businesses. Billionaire Michael Bloomberg last week pitched a
A new client recently told us that he didn’t want to own Boeing. He did not cite the two planes that crashed or Boeing’s enormous consumption of fossil fuels. His primary concern was the integrity of its management. We mentioned that a new management has taken over the company, but he responded that that there
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