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Robert Half Inc. (NYSE:RHI) Q3 2024 Earnings Conference Call October 22, 2024 5:00 PM ET Company Participants Keith Waddell – President and Chief Executive OfficerMichael Buckley – Chief Financial Officer Conference Call Participants Andrew Steinerman – JPMorganMark Marcon – Robert W. Baird CompanyPrincy Thomas – BarclaysTrevor Romeo – William BlairTobey Sommer – TruistGeorge Tong – Goldman SachsStephanie Moore – Jefferies Operator Hello, and welcome to the Robert Half Third Quarter 2024 Conference Call. Today’s conference is being recorded. [Operator Instructions] Our host for today’s call are Mr. Keith Waddell, President and Chief Executive Officer of Robert Half; and Mr. Michael…
A new push to move credit card users to a digital statement will now come with a penalty for those who don’t want to comply. Credit card companies from big name retailers have been silently rolling out a fee of $1.99 if you wish to keep receiving paper statements.One of the biggest offenders is Synchrony Bank, and they have co-branded and store-affiliated credit cards with over 100 cards in their lineup, which include Sam’s Club® Credit Card, the Lowe’s Store Card, and the Amazon Store Card. In November of last year, Citibank released new guidance to its customers saying that…
As the 2024 election approaches, candidate Vice President Harris and Former – President Trump promise to protect Social Security, but only Donald Trump has specific proposals. And Trump’s plan would cut Social Security benefits by 33 percent and drive Social Security to insolvency by 2031. The proposals would benefit high income individuals and drain $2.3 trillion from the trust funds, which need at almost $.5 trillion to stay solvent. On her part, Harris has not outlined how she would protect Social Security. The fundamental issue facing Social Security today is a looming funding crisis. According to the Congressional Budget Office…
The outcome of the looming US election “really doesn’t matter” for financial markets, BlackRock chief executive Larry Fink said.“I’m tired of hearing this is the biggest election in your lifetime. The reality is over time it doesn’t matter,” Fink told a conference hosted by the Securities Industry and Financial Markets Association on Monday. The co-founder of the world’s largest asset manager said that more than half of the firm’s $11.5tn in assets under management were retirement funds. “Unfortunately, there’s too much preoccupation with whether the market’s going up or down at any one time, any one quarter,” Fink said. “It really…
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Americans saw mortgage rates soar during the Federal Reserve’s aggressive campaign to fight inflation, leading many to hope for a reprieve after the central bank finally cut the federal funds rate last month for the first time in four years. But instead of declining, mortgage rates have marched higher for the past three weeks, with the benchmark 30-year fixed surging to 6.44% as of Freddie Mac’s latest reading.Mortgage rates spiked in 2022 and 2023 as the Fed hiked interest rates. In the span of just 16 months, the central bank approved 11 rate increases – the fastest pace of tightening…
There aren’t many absolutes in financial planning. There are, however, many—MANY—opinions. Advisors, personal finance gurus, and online opine-ers regularly die on the hills of passive vs. active investing, ETFs vs. mutual funds vs. individual stocks, traditional vs. alternative investing, good debt vs. bad debt, term vs. permanent life insurance, traditional vs. Roth IRAs, the roles of disability income and long-term care insurance, various cash flow management methods and apps, Social Security claiming techniques, tax avoidance strategies, and don’t get me started on the role of annuities in investing and income creation… But despite our desire to apply dualistic right-and-wrong thinking…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Moldova’s President Maia Sandu decried an “unprecedented assault” on the democratic process by “foreign forces” on Sunday as a referendum on EU membership remained too close to call after more than two-thirds had been counted. For weeks before polling day authorities had issued warnings about intense Russian interference, describing their fight against a hydra-like network of Kremlin proxies and an onslaught of illegal money intended to purchase votes. Sandu, who has depicted the referendum as a historic choice for the former Soviet…
This article was written byFollowStone Fox Capital (aka Mark Holder) is a CPA with degrees in Accounting and Finance. He is also Series 65 licensed and has 30 years of investing experience, including 10 years as a portfolio manager. Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and access to community chat and direct chat with Mark for questions. Learn more.Analyst’s Disclosure: I/we have no…
Estimated tax requirements are a frequent problem for retirees, with many incurring penalties for underpaying their estimated taxes. Fortunately, there’s a little-known strategy that can help avoid penalties when a retiree realizes late in the year that estimated tax payments have been too low. Income taxes have to be prepaid during the year. If they aren’t withheld from income, a taxpayer must make estimated tax payments four times during the year. The estimated tax payments are supposed to be made as income is earned. You can’t avoid the penalty by making a lump sum estimated tax payment by the January…
