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The Real Story Behind General Electric’s Dividend Cut

General Electric sent some ripples through the market when it announced a 50% dividend cut on November 13. After the official release, their shares took a 7% dive as CEO John Flannery struggled to reassure his investors. GE’s stock was not exactly doing well prior to this announcement, but this is the biggest reduction the … Continue reading “The Real Story Behind General Electric’s Dividend Cut”

Will Coca-Cola Step into the Alcohol Market?

Since being founded in 1886, Coca-Cola has always been known for one thing: its brand of soft drinks. For more than 130 years, John Pemberton’s famous beverage has evolved, first making use of coca leaves and kola nuts as part of its ingredients list. While its exact ingredients will not be revealed today (a decision … Continue reading “Will Coca-Cola Step into the Alcohol Market?”

Tesla’s Lawsuit: What Will the Consequences be for the Electric Vehicle Giant?

Tesla has had a rough month. Opening at $350.60 on October 16th and closing at $308.70 On November 14th, the recent performance of the electric vehicle giant has a lot of analysts scrambling. The past few months have been nothing but bad news from the tech company, from industry-related skepticism to — most damaging — … Continue reading “Tesla’s Lawsuit: What Will the Consequences be for the Electric Vehicle Giant?”

Should You Apply for That Store Credit Card?

Tis’ the season for store credit card applications. Yes, with Christmas right around the corner, the shopping malls, outlets and department stores are set to be packed with shoppers finishing up their lists. And whenever there’s an expected uptick in shopping – and sales – volume, it’s common for these stores to roll out enticing … Continue reading “Should You Apply for That Store Credit Card?”

Bitcoin Surges to New All-Time High at Over $7,000

Bitcoin’s value has skyrocketed to a new plateau, leading many financial analysts to once again raise serious questions about its volatility. Reuters reports the new development follows a series of boosts in value for the flagship cryptocurrency. Just a few months ago, it was valued at just over $2,500, before once again breaking new ground … Continue reading “Bitcoin Surges to New All-Time High at Over $7,000”

3 Financial Habits to Adopt in 2018

Retailers have already released their Black Friday ads kicking preparations for the holidays into high gear well ahead of Thanksgiving. Amidst all the hustle and bustle of this season, it’s not too early to start thinking about 2018. Whether you have a good handle on your finances and want to solidify the solid foundation you’ve … Continue reading “3 Financial Habits to Adopt in 2018”

How Baseball Became a Field of Dreams — for Investors

If you have followed baseball closely for many years, you probably remember the term “contraction” — and the debate about whether Major League Baseball needed to “contract” or eliminate some of its 30 teams because the sport was in financial trouble. In 2001, contraction seemed highly likely after the MLB approved a contraction plan to … Continue reading “How Baseball Became a Field of Dreams — for Investors”

Tax plan from Republicans Outlines 5 Sweeping Changes for Individuals

The latest proposal for sweeping tax changes just arrived, and while many important details are still in up to individual committees, there are already at least five significant changes heading our way. The latest proposal comes from the Republicans in Congress and impacts most Americans, though some tax brackets will see more changes than others; … Continue reading “Tax plan from Republicans Outlines 5 Sweeping Changes for Individuals”

How Trump’s Bull Market Should Change How You Invest

With stock values soaring for the first time in a long time, the United States is most definitely witnessing a “bull market” — that is, a period of visibly rapid jumps in stock value across the board. The so-called “Great Recession” is now decidedly behind us. In fact, since 2009, the S&P’s 500 stock index … Continue reading “How Trump’s Bull Market Should Change How You Invest”

Disney and Fox: The Merger of the Century?

Disney has been in talks with Fox regarding a potential and extremely large network purchase, rumored to include the FX cable network and Twentieth Century Fox studio. Entertainment media has radically changed in the past decade, with many consumers tilting towards streaming media and independent networks such as Netflix. Disney’s discussions with Fox may indicate … Continue reading “Disney and Fox: The Merger of the Century?”

These Self-Driving Cars May Soon replace Uber, Lyft

Driverless cars may soon make popular ride-sharing services like Uber and Lyft obsolete, according to optimistic supporters of new entity trying to break the cycle. Waymo, a subsidiary of Alphabet, plans to offer ride-sharing services using driverless Chrysler Pacifica minivans. According to the company’s leadership, consumers will be able to try the cars out for … Continue reading “These Self-Driving Cars May Soon replace Uber, Lyft”

Indian Banks Finance Their Own Bailout , Fail Miserably

Many of the banks in India are experiencing serious financial trouble. These failing banks are in need of a bail-out, and they are willing to do almost anything to stay afloat. Luckily for them, they are owned by the Indian government, which has the ability to get them the money they need using a cunning … Continue reading “Indian Banks Finance Their Own Bailout , Fail Miserably”

The Benefits of a Family Limited Liability Company (LLC)

At first glance, high-net-worth individuals may assume that a family LLC is a form of business ownership. While it could be interpreted that way, it is actually an LLC for estate planning. As such, it is a powerful means to transfer wealth to family members now without concern about gift taxes. It also helps prevent … Continue reading “The Benefits of a Family Limited Liability Company (LLC)”

6 Industries Undergoing ‘Millennial Disruption’ in 2017

From family-focused restaurants to the taxi cab industry, millennials have been blamed for an extraordinary amount of industry disruption — and not without good reason. As the globalized, gig-based economy continues to grow and technology develops, many industries are simply being left by the wayside. Being able to anticipate these changes are a hallmark of … Continue reading “6 Industries Undergoing ‘Millennial Disruption’ in 2017”

6 Avoidable IRA Mistakes That Most People Make

Four out of every ten households have an IRA or individual retirement account, according to USA Today. It is easy to open an IRA, which is why they are so popular. However, figuring out the rules and regulations can be more complicated. You could easily make a mistake that could cost you thousands of dollars. … Continue reading “6 Avoidable IRA Mistakes That Most People Make”

What to Expect from Black Friday and Cyber Monday 2017

Black Friday and Cyber Monday are nearly a month away, but retailers are already gearing up for these large shopping days. Following is a peek at expert predictions for what is essentially the Super Bowl for retail commerce. Black Friday is Going to be Big A recent survey by RetailMeNot noted that over half of … Continue reading “What to Expect from Black Friday and Cyber Monday 2017”

General Electric is in Deeper Trouble Than Anyone Realized

A household name in American business is in increasingly difficult financial straits, even while the economy is rebounding and the stock market is strong. General Electric stock has already dipped to a two-year low in October after changes in management failed to boost consumer and investor confidence in the energy giant. Recent months have also … Continue reading “General Electric is in Deeper Trouble Than Anyone Realized”