This combination of pictures created on September 29, 2020 shows US President Donald Trump (L) and Democratic Presidential candidate former Vice President Joe Biden squaring off during the first presidential debate at the Case Western Reserve University and Cleveland Clinic in Cleveland, Ohio on September 29, 2020. Getty Images For business tax expert Tony Nitti,
Month: October 2020
In the coming weeks, Paypal is preparing to launch a digital wallet and a Cryptocurrency Hub allowing its customers to buy, hold and sell cryptocurrencies like bitcoin, ethereum, bitcoin cash, and litecoin. Beginning in early 2021, PayPal PYPL users can also use the service to buy goods and services from 26 million merchants connected with
Custom made to order furniture is more accessible than ever. Emery Bastable/Society Social 2020 has been a year of collective realization about the importance of our living spaces and interior design. Not only are we all spending more time at home, but most of us are renovating, redesigning, and refreshing our spaces to fit the
getty Women in their 40s and 50s will be faced with a big decision this open enrollment period for benefits and it is one on which they need to take the long view. As employees and their families review their medical plan options, many will have the option of a high-deductible-compatible health care plan. This is a
AutoNation CEO Mike Jackson told CNBC the coronavirus pandemic has significantly shifted American attitudes toward personal vehicles, leading to the company’s blowout earnings report Wednesday. “Coming out of the lockdowns, they said, ‘So much for sharing everything. I’d really like to have my own space that I define,'” Jackson said on “Squawk Box.” The country’s
In this screengrab, Evan Spiegel, CEO of Snap, Inc., takes the stage at the virtual Snap Partner Summit 2020. Getty Images Snap said it’s seeing positive momentum in the ad market, including in the brand advertising segment that struggled in the early days of the the coronavirus pandemic. The company also said that Q3 results were
The PayPal application on an Apple iPhone. Andrew Harrer | Bloomberg | Getty Images LONDON — PayPal on Wednesday announced a new feature that will allow users to buy, hold and sell cryptocurrencies, becoming the latest large financial services provider to show an interest in the space. The company said in a press release that
Sara Blakely built Spanx into a billion-dollar brand having no background in design, business or manufacturing. She launched the company in 1998 with just $5,000 she had saved from selling fax machines door to door. But beyond just seed money, Blakely says that job provided something else important for her and for Spanx: Working in
Jamie Grill | Getty Images If you’ve nearly drained your savings due to the coronavirus pandemic but have a retirement account, it’s now easier than ever to draw it down. While taking money out of such an account before retiring is generally something financial advisors say to avoid, it may make sense for those who
Americans may be flying less but it looks like their vacation plans are still up in the air. Nearly 1 in 7 who want to take a vacation by year-end aren’t sure they’ll actually be able to travel, and 1 in 5 expect to book at the last minute, within a week of departure. That’s
Some of the most noticeable names on Wall Street will have a role in Black Entrepreneurs Day online event this Saturday. Daymond John of “Shark Tank” fame, who said he was “frustrated” by the state of Black businesses in the face of the pandemic, said he leveraged his network in the business world to highlight
Topline A report from the New York Times reveals a decade of Donald Trump’s unsuccessful business activities in China, including an undisclosed bank account that paid nearly $200,000 in taxes, undermining his own exaggerated claims of Hunter Biden’s business dealings there, as well as his rhetoric that his Democratic opponent, Joe Biden, is soft on
Toni Morrison, American writer, novelist, editor, Italy, September 2012. (Photo by Leonardo … [+] Cendamo/Getty Images) Getty Images The last home of Nobel prizewinning author Toni Morrison has come on the market for $4.75 million. Located in Tribeca’s landmark Textile Building, the condo is a corner unit with a modern feel despite the building dating
The Covid-19 recession has led to higher unemployment six months and longer for those 55 and older than mid-career workers 35 to 54 in nearly half of a century, according to a new report by The New School’s Retirement Equity Lab (ReLab). First hired and last fired is changing: first in first out is becoming
A woman wears a face mask as she walks up St. Mary Street on October 19, 2020 in Cardiff, Wales. Wales will go into a national lockdown from Friday until November 9. Matthew Horwood | Getty Images News | Getty Images SINGAPORE — Economies around the world are increasing movement restrictions as they continue to
Evan Spiegel, co-founder and chief executive officer of Snap Inc., stands on the floor of the New York Stock Exchange during the company’s initial public offering on Thursday, March 2, 2017. Michael Nagle | Bloomberg | Getty Images Snap‘s stock price soared more than 22% after hours on Tuesday as the company posted an unexpected,
Check out the companies making headlines after hours Tuesday. Netflix — shares slipped more than 6% after the company missed estimates for the third quarter. The streaming giant earned $1.74 per share compared with the $2.14 expected by analysts polled by Refinitiv. Revenue came in at $6.44 billion, which was ahead of the $6.38 billion
U.S. President Donald Trump holds a campaign rally in Carson City, Nevada, October 18, 2020. Carlos Barria | Reuters The S&P 500 is up about 5% since the end of July, and that higher market historically would favor the occupant of the White House if stocks hold their gains into the election. But strategists say
SEC chairman Jay Clayton testifies during a hearing of the House Financial Services Committee’s subcommittee on Investor Protection, Entrepreneurship, and Capital Markets on June 25. Brendan Smialowski-Pool/Getty Images Many investments available to mom-and-pop investors aren’t appropriate for that audience to buy, and should instead be held by sophisticated investors, the head of the SEC said
JPMorgan’s Business Complete Banking service Source: JP Morgan JPMorgan Chase is making a play to sell more services to millions of American small business owners, pushing into an area pioneered by fintech firms including Square, PayPal and First Data, CNBC has learned. The bank is rolling out a checking account that is paired with a
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