August was an emotional roller coaster for investors. Some investors bravely took advantage of a brief buying opportunity after a historic volatility surge earlier in the month. As the S & P 500 now sits less than 1% away from its all-time high established in July, I anticipate a September slowdown and the SPDR S & P 500 ETF (SPY) to be range bound. Hedging at the current elevated level in the S & P 500 will mitigate downside risk while seeking to produce profits if history delivers another soft September. (Note this earlier CNBC Pro piece on weak Septembers.)…
Author: usaeverydaylife
The Good Brigade | Digitalvision | Getty ImagesTax breaks worth trillions of dollars are scheduled to expire after 2025 without extension from Congress — including a hefty deduction for millions of self-employed filers and business owners. Enacted by former President Donald Trump, the Tax Cuts and Jobs Act of 2017 created the qualified business income deduction, or QBI, which is worth up to 20% of eligible revenue, subject to limitations.The temporary deduction applies to so-called pass-through businesses, which report income at the individual level, such as sole proprietors, partnerships and S-corporations, along with some trusts and estates. “The hope is that this…
The Twitter logo is displayed on a smartphone screen and on a computer screen in Athens, Greece, on April 20, 2024. Nurphoto | Nurphoto | Getty ImagesA federal judge in Texas has ruled against Media Matters and its request to dismiss a lawsuit filed by Elon Musk’s X.Because of U.S. District Judge Reed O’Connor’s decision on Thursday, X’s lawsuit against the nonprofit media watchdog and two of its staff members will proceed to trial on April 7.X, formerly known as Twitter, originally filed the suit in November after Media Matters published a report showing that hateful content on the platform appeared…
BERLIN, GERMANY – SEPTEMBER 04: The Delivery Hero office photographed on September 04, 2020 in Berlin, Germany. (Photo by Jeremy Moeller/Getty Images)Jeremy Moeller | Getty Images Entertainment | Getty ImagesEuropean food delivery firm Delivery Hero says it plans to spin off its Middle East business Talabat and float it on the Dubai stock exchange later this year.In a brief statement Thursday, Delivery Hero said that it is “preparing a listing of its Talabat business on the Dubai Financial Market” in the fourth quarter.”A listing may be pursued through a secondary sale of shares by Delivery Hero which would retain the…
TOPSHOT – The photo taken on August 1, 2024 shows a general view of the driver’s seat and controls of a driverless robotaxi autonomous vehicle developed as part of tech giant Baidu’s Apollo Go self-driving project, in Wuhan, in central China’s Hubei province. Turning heads as they cruise past office buildings and malls, driverless taxis are slowly spreading through Chinese cities, prompting both wariness and wonder. (Photo by Pedro PARDO / AFP) / To go with: CHINA-TECHNOLOGY-AUTOMOTIVE, FOCUS by Jing Xuan TENG (Photo by PEDRO PARDO/AFP via Getty Images)Pedro Pardo | Afp | Getty ImagesChina’s robotaxi push is sparking job…
Vice President Kamala Harris, left, and former President Donald TrumpReutersConsumers who cut their cable cord in recent years are finding that there’s one thing about linear TV they can’t escape: political ads.With the U.S. presidential election less than 70 days away, campaigns are swarming streaming services like Roku and Hulu to such a degree that connected TVs are seeing more ad spending than internet platforms such as Facebook and Google.That’s according to data provided to CNBC by political ad analytics firm AdImpact, which started tracking the connected TV (CTV) category in 2022. AdImpact projected that the CTV market brought in…
Microsoft, Google and Amazon along with other tech companies have been getting creative in how they’re poaching talent from top artificial intelligence startups.Earlier this month, Google signed an unusual deal with Character.ai to hire away its prominent founder and more than one-fifth of its workforce while also licensing its technology. It looked like an acquisition, but the deal was structured so that it wasn’t. Google wasn’t the first to take this approach.Microsoft laid the groundwork in its deal with Inflection, closely followed by Amazon’s faux acquisition of Adept.It’s a playbook that skirts regulators and their crackdown on Big Tech dominance, provides an…
With a plum position atop many “Best Places to Travel” lists, Japan is on track to welcome a record-breaking number of travelers in 2024.But China faces a different reality: a far slower return of international visitors.Both countries dropped Covid-related border restrictions relatively late — Japan in October 2022, and China in January 2023 — but their post-pandemic recovery trajectories have diverged ever since. Demand rises for both countriesDemand to visit China is on the rise, according to its National Immigration Administration, which announced a 130% year-on-year increase in foreign visitors from January to July.Summer trips are up too, with inbound…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailLocals call it the “little red dot,” after its diminutive proportions on world maps, but Singapore punches above its weight when it comes to offering travelers luxury living.15:17Sun, Aug 18 20247:21 PM EDT Source link
The median price per square foot in Manhattan, NY is $1,500, according to My Dolce Casa.Alexander Spatari | Moment | Getty ImagesManhattan, New York is infamous for being expensive. The city consistently ranks as one of the world’s most costly places to live in.Purchasing a 500-square-foot condo in New York City can cost you about $750,000, according to research blog, My Dolce Casa, which based its study off Realtor data showing that the median price per square foot in the city was $1,500.You can effectively trade your small studio apartment in the city for a mansion that sprawls over 7,000…
