BlackRock CEO Larry Fink said he worries that working remotely results in a lack of productivity and collaboration. “The most difficult issue for all of us is retention of a culture,” Fink said Thursday during a virtual conference hosted by Morningstar. “Cultures were not meant to be done in a remote fashion.” Fink said that […]
Archives for 2020
APT41 Operatives Indicted as Sophisticated Hacking Activity Continues
The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter.
Even Fidelity’s $230B star manager has Robinhood anxiety
Will Danoff has been wondering why billions of dollars keep flowing out of the Contrafund, the giant mutual fund he manages at Fidelity Investments. Performance isn’t the problem. He’s up 21% this year, trouncing the S&P 500’s 6.2% return. His conclusion: Today’s kids want something sexier. “There’s a demographic issue,” said Danoff, who has beaten […]
Cash Flow Management for Small Businesses
Cash flow management became a big concern for a lot of businesses this year, especially after COVID really set in. The problem was that most businesses not only didn’t have a good handle on their cash flow, but their accounting system was not set up in a manner that made cash flow management possible.
Shake up Your Business’s Tax Classification With IRS Form 8832
Many business owners dream about finding ways to reduce their tax liabilities. With IRS Form 8832, you may be able to do just that by changing your tax classification. Read on to learn what is Form 8832 and whether you can use it to switch up your business’s tax classification. What is IRS Form 8832? […]
It’s not “stimulus” if it’s open-ended
Totally agree with Peter Boockvar here: Two more things post Powell presser. The Fed Chair said that three years of no rates hikes in their estimates, assuming all else equal, is essentially forward guidance and he expressed his view that this is a “powerful” stimulus. I’ll express again my belief that it is actually the […]
RightCapital Financial Planning Software Review – Tax-Sensitive Decumulation Planning And A Collaborative Planning Interface
Executive Summary Amid a landscape that has been dominated for nearly a decade by a select group of financial planning software heavyweights – MoneyGuidePro, Naviplan, and eMoney – newcomer RightCapital first launched in 2015 at the XY Planning Network conference. With an eye towards providing a simpler and easier-to-use interface and presenting solutions to clients […]
ByteDance says proposal for TikTok partnership will need both Chinese and US approval
Illustration: Rahul Awasthi ByteDance‘s proposal for U.S. software firm Oracle Corp to become a technology partner in its TikTok app will ultimately need approval from both Chinese and U.S. officials, the company said on Thursday. The proposal, submitted to the Trump administration over the weekend, envisages Oracle becoming a “trusted” technology partner and making TikTok […]
ByteDance says proposal for TikTok partnership will need both Chinese and US approval
Illustration: Rahul Awasthi ByteDance‘s proposal for U.S. software firm Oracle Corp to become a technology partner in its TikTok app will ultimately need approval from both Chinese and U.S. officials, the company said on Thursday. The proposal, submitted to the Trump administration over the weekend, envisages Oracle becoming a “trusted” technology partner and making TikTok […]
DB transfer values fall to pre-lockdown levels
DB transfer values fell from July’s record-high to levels similar to pre-lockdown in August, whilst the number of members taking a transfer value also declined, according to a new report. XPS Pensions Group’s Transfer Value Index fell consistently throughout August from £260,700 to £253,200. This was mainly the result of an increase in gilt yields […]