In the ever-volatile stock market, keeping things simple works surprisingly well, according to Bespoke Investment Group. The research firm sought to create a straightforward formula to create a portfolio that stands the test of time and yields outperformance. “Keep it simple, stupid” — sometimes abbreviated as KISS — is a design principle first noted by the U.S. Navy in … Read more
When Deary, Idaho native Isaac French’s dad saw an abandoned train car on a neighbor’s farm, he knew there was potential for something great. The car, built in the 1900s, had been sitting in the same spot for decades. The wood was rotting, algae was growing and there were about 20 cats living inside, French, … Read more
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 22, 2024. Brendan McDermid | Reuters Stock futures were near the flatline Thursday night as investors awaited key payrolls data. Futures tied to the Dow Jones Industrial Average dipped 13 points, or less than 0.1%. S&P 500 … Read more
Several stocks that have underperformed in 2024 may be poised for substantial gains in coming months, according to Goldman Sachs. The last trading month of 2024 has been off to a solid start, adding to the year-to-date gains across all three major stock market averages. On Wednesday, the S & P 500 and the Nasdaq … Read more
A crypto millionaire has hidden millions of dollars worth of treasure across the United States — and published a book on how to find it. Jon Collins-Black revealed last month that he concealed valuables ranging from Olympic gold medals and rare trading cards to historical artifacts and crypto in five puzzle boxes. In his new … Read more
Check out the companies making headlines in after-hours trading. Ulta Beauty – The beauty retailer jumped 12% after posting beats on the top and bottom lines in the fiscal third quarter. Ulta reported earnings of $5.14 per share on revenue of $2.53 billion. That topped analysts’ forecast for earnings of $4.54 per share and revenue … Read more
WASHINGTON — Tens of thousands of wealthy Americans are not complying with recently revamped Internal Revenue Service efforts to get them to file tax returns, according to data obtained exclusively by CNBC. A quirk in federal tax law may be incentivizing wealthy people who want to avoid paying taxes to simply not file their returns. … Read more
Chief executives and other high-level corporate officers are seeking additional security protection after the brazen slaying of UnitedHealthcare’s chief executive officer in New York, according to a top risk management firm. “We had CEOs and other executive level and board members reaching out to us all throughout yesterday and today to increase their own executive … Read more
Lululemon‘s U.S. growth is continuing to slow, but the athletic apparel retailer is making big gains abroad, leading to a 9% increase in sales year over year. The yoga pants company on Thursday beat Wall Street’s expectations on the top and bottom lines and said it’s “pleased” with the start to the holiday season. Here’s how … Read more
Anthem Blue Cross Blue Shield said Thursday it was not going ahead with a policy change that would limit reimbursements for anesthesia during surgeries and medical procedures. The new policy would have reimbursed doctors based on time limits set by the insurer. Anthem BCBS, one of the largest health insurers in the U.S., quietly announced … Read more