One57 building in the skyline of New York City as seen from the Rockefeller Center Observation Deck. Roberto Machado Noa | LightRocket | Getty Images The seller of a luxury condo apartment on Manhattan’s Billionaires’ Row took a loss of at least $12 million to offload the property, according to public filings. The 4,500-square-foot condo
admin
U.S. Senate Democratic Leader Chuck Schumer (D-NY) takes questions during a news conference on Capitol Hill in Washington, December 1, 2020. Kevin Lamarque | Reuters Sen. Minority Leader Chuck Schumer continues to put pressure on President-elect Joe Biden to to forgive up to $50,000 in student debt per borrower on the first day of his
Vasily Pindyurin | fStop | Getty Images Cyber criminals steal billions of dollars a year from financial firms. Financial advisors – and their clients – are at risk as attacks increase and grow more complex, according to security experts. “Advisors have one thing the bad actors want, and that’s money,” said Brian Edelman, chief executive
NEW YORK, NY – MAY 24: Former Treasury Secretary & White House Economic Advisor Larry Summers is … [+] interviewed by FOX Business’ Maria Bartiromo on May 24, 2017. (Photo by Robin Marchant/Getty Images) Getty Images For decades, conventional wisdom said that high levels of federal debt created a significant drag on the economy by
Kevin O’Leary on Monday ripped the patchwork approach to coronavirus restrictions across the U.S., saying locale-by-locale variation puts a significant burden on business operators. Appearing on CNBC’s “Squawk Box,” the “Shark Tank” investor acknowledged there is a need for policies to curb the spread of Covid-19. “My question is very simple: Who decides? Is it at the
The real estate business is getting more competitive with each passing day. iBuying has taken over the industry with house flippers and real estate companies doing their buying and selling without even visiting the property. Zillow is now making it even easier for home buyers and sellers as it moves into new cities. This rollout
Saving for two when one partner is the primary breadwinner or a stay-at-home parent can be … [+] challenging. getty How should married couples save for retirement with only one income? Saving for two when one spouse is the primary breadwinner or a stay-at-home parent can be challenging depending on your income. Fortunately, with proper
Jovina Young, marketing manager of the Ford Bronco Sport, stands by the vehicle she drove in the 2020 Rebelle Rally, an all-female off-road event that travels through Nevada and California. Michael Wayland / CNBC HOLLY, Mich. – Jovina Young smiles as she reminisces about driving across 1,250 miles of Nevada and California desert this fall
From the marinas of Monaco to the slopes of Aspen, it’s no secret where the wealthy like to go on holiday. But where they stay is more of a mystery. Rental homes offer space and privacy, while luxury hotels come with “as you wish” service staff willing to bend over backward to keep wealthy clientele
Traders work the floor of the New York Stock Exchange. NYSE U.S. stock futures rose slightly on Sunday night following a record-setting session as Wall Street searched for clues on additional fiscal aid. Dow Jones Industrial Average futures traded higher by 50 points, or 0.2%. S&P 500 climbed 0.2%, and Nasdaq 100 futures advanced 0.3%.
New York Stock Exchange building is seen decorated for Christmas at the Financial District in New York City, United States on November 30, 2020. Anadolu Agency | Getty Images IPOs vs. SPACs: Who will win in 2021? 2020 was a surprisingly good year for IPOs, but it was an even better year for Special Purpose
CEO of All Reverse Mortgage Inc. and has 40 years of experience in the mortgage banking industry. getty If you’re a senior and thinking of tapping into the equity you’ve built up in your home by taking out a reverse mortgage loan, then you likely have a lot of questions, especially if you’re entertaining this idea
Roth IRA vs Traditional IRA Getty The year 2020 is one of the most eventful in recent times, and changes to the rules that govern retirement accounts are no exception. One of these changes is the waiver of required minimum distributions (RMDs) for 2020. As a result of this waiver, you are not required to
SINGAPORE — Singtel, as part of a consortium, has just obtained one of Singapore’s first digital banking licenses — but the telecom company’s entrance into the sector is not aimed at bringing down established banks, an executive told CNBC on Monday. The company, which is Singapore’s largest telco, applied for the license with ride-hailing and
Xavier Becerra, California’s attorney general, center, speaks during a news conference outside the Supreme Court in Washington, D.C., U.S., on Tuesday, Nov. 12, 2019. Bloomberg | Bloomberg | Getty Images President-elect Joe Biden will select Xavier Becerra, the attorney general of California, to lead the Department of Health and Human Services, one of the most
Tenants in the Harlem neighborhood of New York City hold a demonstration to call attention to their rent strike during the Covid-19 pandemic Andrew Lichtenstein | Corbis News | Getty Images Come January, life will get a bit tougher for those already struggling amid the coronavirus pandemic. Unless more aid comes from the government, several
Vice President of Acquisitions at Fisher Brothers. getty With the continued focus on green development, there is potential for a new trend in New York City: the ushering in of a new phase for development by incentivizing the private market to build more green properties. Supporting this predictive shift is the technological enhancements making the industry
Economic Security Planning, Inc. Today’s column addresses questions about breakeven analysis and delaying filing, eligibility for divorced spousal benefits, suspending disability benefits at full retirement age and spousal benefit combined with foreign pensions. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets
U.S. Department of Homeland Security Under Secretary Chris Krebs speaks to reporters at the DHS Election Operations Center and National Cybersecurity and Communications Integration Center (NCCIC) in Arlington, Virginia, U.S. November 6, 2018. Jonathan Ernst | Reuters WASHINGTON — The former head of the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency said Sunday
Zoom founder Eric Yuan poses with members of his company in front of the Nasdaq building in New York as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019. Kena Betancur | Getty Images As the year winds down, the stock market continues to