A pedestrian passes in front of a Charles Schwab Corp. bank branch in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Charles Schwab’s trading activity and new accounts continued to surge in the second quarter amid a boom in retail investing during an unprecedented time for financial markets. The broker managed 1.62 million
Month: July 2020
Christie’s gamechangers sale includes rare Michael Jordan sneakers. The 1984’s game worn Air Ship sneakers are expected to fetch between $330,000 – $550,000. Source: Christie’s Michael Jordan game-worn collectibles continue to reach new heights, nearly two decades after the Chicago Bulls icon hung up his laces for good. On Thursday, Christie’s Auction House and Stadium
Warren Buffett. Gerald Miller | CNBC An off-brand move to pile into Apple shares might have been Warren Buffett’s greatest trade ever. Berkshire Hathaway‘s Apple stake — which has claimed 40% of its equity portfolio — is up a whopping $40 billion since the market bottom in March. The investment in the tech giant played a crucial role
A vehicle is seen in a caravan protest asking the state of Florida to fix its unemployment system on May 22, 2020 in Miami Beach, Florida. Joe Raedle/Getty Images Florida’s unemployment office is cutting nearly 1,000 workers from its call center — around a quarter of its representatives — at a time when the state’s jobless claims
Drivers wait in line for boxes of food from the Second Harvest Food Bank of Central Florida at a drive-through event at the City of Destiny church in Orange County, Florida. Paul Hennessy/SOPA Images/LightRocket via Getty Images ‘Horrendous time’ “This is a horrendous time to have a lapse in benefits,” said Wendy Edelberg, senior fellow
Getty Are you just out of college and beginning a new career? Do you want to save money to buy a new car or home, or get married and eventually start a family? Or perhaps you just want to have a financial buffer for emergencies or know when and how you can start saving for
With stimulus checks to process, truckloads of unopened mail, and staff unavailable to resolve flags … [+] on electronically filed returns, the IRS has fallen behind issuing 2019 tax refunds. Andrew Harrer/2019 Bloomberg Finance Hope you had a Happy Tax Day. I’m still waiting for my refund. I filed my 2019 individual income tax return
Aaron Galvin is the CEO & Founder of Luxury Living Chicago Realty, a multifamily consulting, marketing, branding and strategy brokerage. Getty Apartment hunting as we know it has changed. As the owner of a brokerage firm specializing in apartment leasing, I have seen the current pandemic dramatically shift how apartments are being marketed and leased. And
People wearing masks visit Qianmen Street amid the coronavirus outbreak on March 7, 2020 in Beijing, China. Mao Jianjun | China News Service | Getty Images China reported that the country’s GDP grew by 3.2% in the second quarter of this year, compared to a year ago — beating analysts’ expectations and rebounding from the first
Users of Monzo’s premium account, Monzo Plus, will get sent blue cards with holographic foil to make Monzo British financial technology start-up Monzo is giving paid-for checking accounts another go, with a revamped premium service it hopes will help generate a new source of revenue. Monzo, which provides banking services through an app, initially tried
Travelers itching for a change of scenery amid months of lockdowns and stay-at-home orders brought on by the coronavirus pandemic now have a new option. The Maldives reopened to international visitors this week, after being closed to visitors since March 27. While much of the world has shut its borders or enacted strict measures on
The Covid-19 unit at United Memorial Medical Center in Houston. MARK FELIX Medicare is often referred to as a maze. The various deadlines for signing up may have something to do with that. While turning 65 makes you eligible for Medicare, not everyone will follow the same path to enrollment. Some beneficiaries are automatically signed
Alex and Kelsey Carroll’s company, Toss Up Events, designed and operated unique fan experiences at major sporting events across the country. Then the coronavirus shutdown canceled all large gatherings for the foreseeable future. The Carrolls, both 31, had all of their employees pack up their equipment and head back to the company’s headquarters in Dallas.
By Cristina Rouvalis, Next Avenue Contributor Mary Ellen and Mark Meyer are drinking up strong sales at their Wigle Distillery Courtesy of Mark and Mary Ellen Meyer Running a small business can be daunting in the best of times. Throw in a pandemic and it can be devastating. But some older entrepreneurs are thriving during Covid-19
TOPLINE Major banks kicked off earnings season on Tuesday, leading the market higher, as investors rotated out of big tech stocks and remained wary about the recent surge in new coronavirus cases across the United States. The market is bracing for its worst earnings season in 12 years. Johannes Eisele/AFP via Getty Images KEY FACTS
According to The Instant Group’s Agile CRE Think-tank, employers of the post-pandemic era are likely … [+] to embrace a dispersed workspace model featuring core offices, work from home and work near home. The Instant Group, London The pandemic has unleashed enormous changes on the world. In few places will lasting change likely be greater
An airline employee walks past empty American Airlines check-in terminals at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 12, 2020. ANDREW CABALLERO-REYNOLDS American Airlines on Wednesday warned about 25,000 front-line employees — close to 20% its workforce — about potential furloughs, the latest carrier to prepare staff for job cuts as surges in coronavirus
An ATM is shown at company headquarters for the PNC Financial Services at One PNC Plaza in Pittsburgh, Pennsylvania. Getty Images PNC Financial’s second-quarter profit more than doubled as the U.S. regional bank recorded a gain from the sale of its position in asset manager BlackRock. Net income attributable to common shareholders jumped to $3.59 billion,
A person walks at the Wall Street subway stop in New York City. Angela Weiss | AFP | Getty Images Stock futures were little changed in overnight trading on Wednesday as earnings season gets underway, giving investors a clearer picture of the overall health of corporate America. Futures on the Dow Jones Industrial Average fell
StockX, the online sneaker reseller, has seen a surge in the number of Air Jordan shoes submitted and listed to the website, CEO Scott Cutler told CNBC’s Jim Cramer Wednesday. The company, which launched in 2015, has authenticated a total of 3.5 million pairs of the highly sought after shoe brand and 1 million of
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