Rand Paul’s hopes for a flat tax
If Rand Paul – the Libertarian-leaning, conservative senator from Kentucky – chooses to run for president in 2016, expect to hear a lot about a single-rate flat tax system. When it comes to taxes, Rand Paul wants them simple and flat. The blunt-spoken, Libertarian-leaning senator from Kentucky, who won the 2016 presidential straw poll among […]
Tesla car doors can be hacked
A security researcher worries about the security of Tesla’s computer systems. Hackers can unlock a high-tech Tesla car door by using the same run-of-the-mill techniques they use to crack open computers. That’s according to security researcher Nitesh Dhanjani, who spoke about his findings at a recent hacker conference in Singapore. All it takes is cracking […]
Manhattan home prices soar to median $972,000
While home prices in other parts of the country are still 20% below their housing boom peak, demand for large, luxury apartments has helped home prices in Manhattan almost fully recover from the housing bust. During the first quarter, the median sales price for a condo or co-op in Manhattan rose 18.5% year-over-year to $972,000, […]
Stocks: Signs of spring?
After a strong finish to an otherwise flat first quarter, markets look poised to begin April with a spring in their step.
‘America First’ could turn into ‘India First’
America is great because of its willingness to accept talented immigrants. That’s what Nandan Nilekani, the billionaire co-founder of Infosys Technologies, would tell President Trump if he had the opportunity. “If you really want to keep the U.S. … globally competitive, you should be open to overseas talent,” Nilekani said on the sidelines of CNN’s […]
Will the iPhone 8 charge wirelessly?
You may never have to plug in your iPhone again. Apple has joined an industry group devoted to wireless charging, strengthening existing rumors that the next iPhone will charge without a cord. The Wireless Power Consortium, which is made up of some 200 organizations that promote a single wireless charging standard, confirmed to CNNTech that […]
Retirement contribution limits will rise in 2019
Good news retirement savers: The Internal Revenue Service announced cost of living increases to the contribution limits for retirement-related plans in 2019. Annual contribution limits to 401(k)s will increase to $19,000 from $18,500. And the annual contribution to an IRA, last increased in 2013, rises to $6,000 from $5,500. “This is another win for investors […]
Land O’Lakes CEO Beth Ford, from the cornfield to the C-suite
Beth Ford’s first job paid $2 an hour. Early in the morning, she climbed on the school bus to go detassel corn, joining other kids in Sioux City, Iowa, who did it as a summer job. “Back then, two dollars an hour, that was real money,” Ford tells CNN’s Poppy Harlow in the latest episode […]
A llama, bagel and frisbee: Apple’s new iOS 12.1 emoji
CNN — A rare spot of happy news: Apple is finally getting a llama emoji. And a raccoon, bagel, frisbee and mosquito emoji, too. The company said it will likely add 70 new emoji for iPhone and iPad users later this month. Beta testers and developers who update to iOS 12.1 will see the new […]
S&P downgrades debt-riddled GE and GE Capital
New York CNN Business — New General Electric boss Larry Culp just got a fresh reminder of the debt-riddled balance sheet he’s inheriting. Barely 24 hours after Culp became CEO, S&P Global Ratings downgraded the credit ratings of GE (GE) and GE Capital. Moody’s and Fitch warned they could do the same. All three ratings […]
