An interview and Q&A with billionaire investor and founder of the world’s largest Hedge fund Bridgewater Associates, Ray Dalio. In this interview, Ray discusses his early life and career, including the path to starting his hedge fund Bridgewater Associates. Ray also talks about economic risks and how these have previously played out in the past.
Japan’s decision to restrict exports of three chemicals used in the production of semiconductors and display screens to South Korea could affect Samsung’s product launch; and give Apple an edge over its Korean competitor. That’s according to Rolando Hernandez, vice president of Valid, a mobile solutions provider. “The edge that Apple could have over Samsung
College fund. Piggy bank with coins. Money for education. Getty 529 plans and custodial accounts are two of the most common ways to save for college, but they have distinctly different benefits for families. Understanding the differences between the two savings methods is essential to choosing the right one for you and your children, so
This Hamptons-style home on Kiawah Island lists for nearly $10 million. Kiawah Island Real Estate Kiawah Island, South Carolina is a beach, golf and luxury resort playground, currently basking in summer tourism. An unspoiled sanctuary, the island’s landscape of maritime forests, sand dunes, and upland marshes is equally amenable to wildlife such as deer, bobcats,
Workers sewing in a clothing factory in Bozhou, east China’s Anhui province. STR | AFP | Getty Images China’s manufacturing activity contracted in July, according to results of a private survey released on Thursday. The Caixin/Markit factory Purchasing Managers’ Index for was 49.9 — slightly better than expected. Analysts polled by Reuters had expected the indicator
Qualcomm Inc. CEO Steve Mollenkopf. Getty Images Qualcomm issued guidance for September quarter earnings and revenue significantly lower than analyst expectations on Wednesday. The stock dropped as much as 5% in after-hours trading. Here’s how the company did versus expectations: Earnings: $0.80 per share, excluding certain items, vs $0.75 expected according to analysts polled by
A Fitbit display at a Target store in Los Angeles. Getty Images Check out the companies making headlines after the bell: Shares of Fitbit plummeted as much as 21% in after-hours trading after the maker of health and fitness devices cut its guidance for the next quarter. In its second-quarter earnings report, the company said,
View of Abu Dhabi’s skyline at sunset from Dhow Harbour in the UAE. Getty Images Singapore sovereign wealth fund GIC has joined major Wall Street investors in a landmark oil pipeline partnership with Abu Dhabi’s National Oil Company (ADNOC), bringing the total investment in the project to nearly $5 billion. The move, which will see
Source: SmileDirectClub SmileDirectClub is bracing for a windfall of cash. The company, which provides invisible teeth-straightening devices, is looking to sell up to $1 billion in stock in an initial public offering, three people with knowledge of the matter said. SmileDirectClub is currently on file confidentially and aiming to flip its IPO prospectus to be
Graiki | Moment Open | Getty Images Retirees are facing a tough decision: Should they make up for even less growth on their cash by ramping up stock exposure? On Wednesday, the Federal Reserve lowered the federal funds rate — the interest rate banks charge to lend each other money — by 0.25%. The range
Learn how to create a no regrets retirement plan Getty As many of you know, a traditional obituary contains the name of the passing person as well as their surviving loved ones, including spouses and children. Well several years ago I created a Google Alert for my name, “Robert Laura,” so I could keep track of
Recently, in Revenue Procedure 2019-32, the IRS provided a six-month extension for certain partnerships to file a superseding Form 1065 (its partnership return) and corresponding Schedules K-1 to each of its partners. The Bipartisan Budget Act of 2015 (the “BBA”) drastically changed the way that partnerships are audited, including partnership-level assessments; smaller partnerships, however, can
The Home Improvement Research Institute is bullish on 2019, according to its latest findings released last week, and supported by other industry professionals and watchers. According to HIRI’s quarterly Project Sentiment Tracking Survey of 3,000 homeowners, this is what’s ahead for the rest of the year. Kitchens are projected to be among the top spaces