After Worst Hurricane Season Ever, 2018 Will Be Above Average

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After Worst Hurricane Season Ever, 2018 Will Be Above Average

After the costliest Atlantic hurricane season in history last year, early forecasts indicate 2018 will be above average. Look for 14 named storms, and there's a greater than normal chance of a major system striking the U.S., according to Colorado State University. Colorado State's forecast is closely
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Ackman Is Abandoned by Big Pershing Square Investors

Bill Ackman's Pershing Square Capital Management is facing more bad news as many of the institutional investors in its private funds have asked to redeem their money. About two-thirds of the capital that investors could withdraw from Pershing Square private funds was redeemed at the end of last year,
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Voices Tax filing advice for cryptocurrency investors

Cryptocurrency investors are grappling with how to properly report their transactions to the IRS with the April 17 tax filing deadline fast approaching. It's a daunting task, given the lack of guidance from the Internal Revenue Service and the fact that these investors—who saw cryptocurrency valuations
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How One Man Got Rich Selling Machine Guns

Frank Goepfert has built a lucrative business dealing in the rarest, deadliest and most valuable of firearms. By. Polly Mosendz. @polly More stories by Polly Mosendz. April 5, 2018, 1:00 AM PDT. Joy and Frank Goepfert show off their collection at Midwest Tactical Inc. in Jasper, Missouri. Photographer:
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RBI defers new accounting rules for banks cheering investors

The announcement is a relief to investors who had feared that under the new accounting rules, among other things, banks' loan-loss provisions would shoot up as they will have to set aside funds based on expected credit losses, compared with the current practice of provisioning after a loan turns sour.
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