If you’re running a company, you’re about to discover new costs. Around the country, fires and … [+] floods are shutting down businesses and raising their expenses. You need to figure out how to pay these new hidden “taxes.” AFP via Getty Images If you’re running a company, you’re about to discover new costs that
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BRAZIL – 2019/05/24: In this photo illustration the Wayfair logo is seen displayed on a smartphone. … [+] (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) LightRocket via Getty Images As much as “retail apocalypse” continues to show up in the headlines, by now most people that take the time to look at the
Ben Silbermann, co-founder, chairman and CEO of Pinterest, speaks in front of the company’s logo at the New York Stock Exchange (NYSE), during the company’s IPO on April 18, 2019 in New York City. Johannes Eisele | AFP | Getty Images Pinterest shares dropped 20% in extended trading Thursday after the image-sharing site reported disappointing
The stock market has more evidence to quell fears that a recession could be looming, CNBC’s Jim Cramer said Friday. The major averages all surged about 1% during the session, the same day the October jobs report showed that companies added 128,000 new payrolls. That topped the 75,000 that economists had estimated. The S&P 500
People pass a sign for JPMorgan Chase at it’s headquarters in Manhattan, New York City. Spencer Platt | Getty Images Federal prosecutors have asked for two civil cases against J.P. Morgan Chase be put on hold until they have finished a related criminal prosecution involving current and former precious metals traders at the nation’s largest
Comcast’s NBCUniversal is considering making an ad-supported version of its Peacock streaming service free for everyone, bucking the trend of charging for streaming products, according to people familiar with the matter. It would be the first free streaming on-demand video service from a major U.S. media provider. Previously, Comcast had planned on making Peacock free
If you’re changing your Medicare coverage during open enrollment and you plan to travel at some point, make sure you know whether your insurance will go with you. Coverage away from home depends partly on where you travel to, along with whether you’re on basic Medicare or get your benefits through an Advantage Plan. It
health insurance concept – stethoscope over the money on the table Getty Many people know that Health Savings Accounts (HSA) are a great way to pay for qualified medical expenses with their triple-tax advantage features. However, what many people might not know is that there is an IRS loophole that will allow you flexibility in
DES MOINES, IOWA – NOVEMBER 1, 2019: Democratic presidential candidate Sen. Elizabeth Warren (D-MA) … [+] before the start of the Liberty and Justice Celebration. (Photo by Scott Olson/Getty Images) Getty Images Democratic presidential candidate Elizabeth Warren has, as promised, released a plan to pay for her Medicare for All health insurance plan. She has come
Maintenance activity. Getty A lot is going on in ConTech, and it’s all happening fast. When I first wrote about this PropTech subsector, nearly a year ago, Trimble had recently acquired Viewpoint for $1.2 billion and Autodesk had just bought PlanGrid for $875 million, but besides these and a few other landmark moments, the area was still
Exxon Mobil reported a 49% decline in third-quarter earnings on lower oil prices and higher costs. The results, however, did slightly top Wall Street expectations and the shares were a bit higher in early trading. Exxon earned $3.2 billion in the third quarter, down from $6.2 billion in the same period a year ago. Here’s
October’s robust jobs report doesn’t reflect an economy that’s falling into recession, CNBC’s Jim Cramer says before giving a preview into what’s on his trading calendar for next week. The “Mad Money” host is bullish on the housing market and offers suggestions to play the homebuilder sector. Later in the show he takes aim at
Amazon CEO Jeff Bezos attends a commemoration ceremony held in front of Saudi consulate on the first anniversary of his murder, in Istanbul, Turkey on October 02, 2019. Elif Ozturk | Anadolu Agency | Getty Images The presidential primaries are still months away, but Sen. Elizabeth Warren has already doubled her wealth tax. As part
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on August 19, 2019 in New York City. Drew Angerer | Getty Images As November unfolds, stocks should continue to make gains in one of the best months of the year for the market, and it’s
President Donald Trump addresses the International Association of Chiefs of Police annual convention at the Orange County Convention Center in Orlando, Florida on October 8, 2018. Mandel Ngan | AFP | Getty Images President Donald Trump is making his move to Florida official. His home state of New York may not let him go without
The market is breaking out as global economic data is taking the edge off the slowdown narrative. The marginal mover of stocks this year has been the Federal Reserve, trade, and the global economic slowdown, led by weakness in Europe and China. The global economic slowdown has even encompassed worries about a slowdown in the
Imagine your aging parent or other loved one living on his or her own and losing power from a natural disaster or an intentional blackout. What would they do? It’s fire season in California and with it has come massive preventive power cutoffs from the largest utility company. There are lessons for all of us
According to a story by Maggie Habberman of theNew York Times, our President has decided that he is no longer a New Yorker, but rather a Floridian. I doubt very much that President Trump reads my stuff. Nonetheless, in response to his complaint that the Tax Cuts and Jobs Act was killing him, I wrote
The frequency and intensity of wildfires in Southern California is causing residents to move away … [+] from fire-prone areas and buyers to question purchasing homes in dangerous parts of the state. AFP via Getty Images Four counties in California head the list of places at risk of losing the most housing value due to
An Exxon Mobil station in Cincinnati, Ohio. Luke Sharrett | Bloomberg | Getty Images Check out the companies making headlines in midday trading: Exxon Mobil — Shares of Exxon Mobil climbed more than 2.5% despite the international petroleum giant reporting earnings down 49% in the third quarter. Investors appeared reassured by CEO Darren Woods’s comments