At a recent conference on financial aid, Education Secretary Betsy DeVos said that every school should help its students graduate with high-quality career prospects and little debt. Students should be equipped, she added, with information that allows them to be responsible consumers. “They need to have the best possible tools, data, advice and support,” DeVos
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The new tax law has put a whole new spin on year-end tax planning, though it hasn’t eliminated the need to do it altogether. “The tricks we had in our back pocket have been taken away in the name of simplification,” said Nathan Smith, a director in the national tax office of CBIZ MHM in
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Russell Investments’ Doug Gordon is optimistic stocks will find a floor — just not until next year. Gordon, a senior portfolio manager on the firm’s technical asset allocation strategies team, blames uncertainty surrounding the U.S.-China trade war and Federal Reserve policy for the violent market swings. “The first and fundamental question: Is this a correction
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“Create a home inventory.” It’s one of those to-do list items personal finance journalists (me included) often recommend, yet everyone tends to put off (also me). Polls from the Insurance Information Institute estimate roughly half of homeowners have a home inventory, a rate that hasn’t budged much over time. That’s not too surprising. Ignorance seems
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A key U.S. construction facilitator is hopeful that President Donald Trump will still make good on his campaign promise of putting more federal dollars towards U.S. infrastructure. Bill Sandbrook, the chairman, president and CEO of mass concrete and aggregates producer U.S. Concrete, told CNBC that the 2018 midterm elections gave him “optimism” that a major
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As investors weather more volatility after Tuesday’s799 point drop for the Dow Jones Industrial Average, financial experts have largely stuck to one refrain: Welcome to the new normal. Concerns over tariffs and what the Federal Reserve will do will likely keep market volatility elevated, according to J.J. Kinahan, chief market strategist and managing director at
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Billionaire investor Leon Cooperman says the recent turbulence in stocks is just part of a market correction as there are currently no signs of a recession happening. “There’s no sign of a trend change,” Cooperman, the founder of Omega Advisors, told CNBC’s “Halftime Report” on Thursday. “You’re just responding to the market.” “I could be
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