People wear protective face masks outside Home Depot in the Flatiron district as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 8, 2020 in New York City. Noam Galai | Getty Images Home Depot is expected to report its fiscal second-quarter earnings before the bell
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In the years since Michelle Obama first uttered her now-famous catchphrase, “When they go low, we go high,” during the 2016 Democratic National Convention, she says people always ask her if the strategy still works today. Her response: It’s “the only thing that works.” During Obama’s keynote speech during Monday night’s Democratic National Convention, the former first lady
An exterior view of the Oracle Field Office at Wilson Boulevard in Arlington, Virginia, October 18, 2019. Tom Brenner | Reuters Check out the companies making headlines in midday trading. Oracle — Shares of Oracle rose 2.5% on news the company is discussing a deal for TikTok’s U.S., Canada, Australia and New Zealand operations, sources told CNBC.
A worker is seen wearing a mask while organizing merchandise at a Walmart store, in North Brunswick, New Jersey, July 20, 2020. Eduardo Munoz | Reuters CNBC’s Jim Cramer said Tuesday that Walmart is a “remarkable juggernaut” but it won’t be able to keep up the blistering growth that it saw in the second quarter
Former vice president and presumptive Democratic presidential nominee Joe Biden and running mate Sen. Kamala Harris, D-Calif., hold a press conference after a briefing on Covid-19 in Wilmington, Delaware, on Aug. 13, 2020. Mandel Ngan | AFP | Getty Images The coronavirus pandemic could have a big impact on Social Security’s financial prospects. And that
Economic Security Planning, Inc. Today’s column addresses questions about exactly when to file to get the full age 70 benefit rate, whether income from the current year is counted when calculating benefit amounts and ways to ensure larger benefits for a surviving spouse. Larry Kotlikoff is a Professor of Economics at Boston University and the
TOPLINE Treasury Secretary Steven Mnuchin on Tuesday blamed Democrats for refusing to “strike a reasonable deal” on the next coronavirus stimulus bill, shooting down hopes of progress in the ongoing negotiations which remain at a standstill. The Treasury Secretary was hopeful negotiations could resume later this week. Alex Wong/Getty Images KEY FACTS The Treasury Secretary
Clark Twiddy is the President of Twiddy & Company, a hospitality and asset management firm along North Carolina’s Outer Banks. getty North Carolina’s Outer Banks have long been a favorite vacation destination for those looking to relax and enjoy the natural beauty the area has to offer. During the summer months, a year-long population of around
Canoo CEO Ulrich Kranz likes to call his EV subscription company’s first model a “spaceship” or a “loft on wheels.” Soon, he expects to have the money needed to build Canoo’s initial model, which looks like a cross between van and a shuttle bus. “This will be a lifestyle vehicle,” Kranz told CNBC. He said
Customers wearing face masks shop at a Walmart on July 15, 2020 in Washington, D.C. Sha Hanting | China News Service via Getty Images Walmart is set to report its fiscal second quarter earnings before the bell Tuesday as the coronavirus pandemic shakes up consumer shopping patterns. Here’s what Wall Street is expecting, based on average
Some of the world’s most popular islands experienced a spike in Covid-19 cases after reopening to tourists this summer. Now, governments are adding restrictions that range from outright tourist bans to increased testing and quarantine requirements, while other islands are indefinitely postponing plans to reopen. U.S. Virgin Islands bans tourists for one month As of
Take a look at some of the biggest movers in the premarket: Home Depot (HD) – The home improvement retailer earned $4.02 per share for the second quarter, beating the consensus estimate of $3.71 a share. Revenue came in well above estimates. Comparable-store sales jumped 23.4%, more than double the FactSet consensus estimate of 10.9%.
Democratic presidential nominee and former US Vice President Joe Biden introduces his vice presidential running mate, US Senator Kamala Harris, during their first press conference together in Wilmington, Delaware, on August 12, 2020. Olivier Douliery | AFP | Getty Images Though former vice president Joe Biden has proposed raising taxes on the wealthiest households, accountants
By Rachel Hartman, Next Avenue Contributor getty As Covid-19 sweeps across the globe, “we know now more than ever our health is at risk and that we may experience unexpected medical expenses,” says Juan Carlos Cruz, founder of Britewater Financial Group in Brooklyn, N.Y. What you may not know is that a health savings account
Most people these days are still reeling from the pandemic. The IRS and state governments are feeling the revenue pain too. California proposed to increase it’s already stratospheric top 13.3% tax rate, raising it to 16.8%. Not shocked yet? The newest tax some golden state legislators want to collect is a .4% wealth tax. The
Joseph is CEO of TenantCloud, a cloud-based property management solution that helps landlords maximize revenue from rental properties. getty If you haven’t been to the office in months and have added “WFH” to your lexicon, then you’ve probably added some new technology to your daily routine. While there are tons of options for working remotely, sometimes
GrowGeneration, which runs dozens of specialty hydroponic and organic garden centers across the country, is expecting to bring in even more business this year than previously thought in a budding industry, CEO Darren Lampert told CNBC’s Jim Cramer Monday. The company, which since 2014 has dealt in the ancillary side of the cannabis business, last week reported
A pedestrian passes in front of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Stock futures were flat in overnight trading on Monday after the S&P 500 once again failed to reach a record, a level set before the coronavirus crisis hit. Futures on the Dow Jones Industrial Average dipped about
U.S. President Donald Trump talks to reporters as he leaves the White House for a trip to Minnesota and Wisconsin August 17. Chip Somodevilla/Getty Images) A $300-a-week federal boost to unemployment benefits may end shortly after it starts. In some states, recipients may only get three weeks’ worth of payments — if they get it at
getty Lawyers and many other professionals know that the bar exam is one of the most difficult and unpleasant experiences in professional and academic life. It normally takes at least 12 weeks of 60 to 70 hours per week of intense preparation and “cramming” of a great deal of largely irrelevant material, with the failure