A reliable recession indicator is shifting into high gear ©bht2000 – stock.adobe.com Comedian Bill Maher has a line he uses from time to time: “I don’t know it for a fact, I just know it’s true.” Here is an example of that, which will be of interest to anyone who is at all concerned about
With his new album, Jesus Is King, Kanye West has turned more and more religious. He may have been toying with bankruptcy a few years ago, but today, his fashion and music empires seem to be raking in the cash. True, Kanye isn’t on the Forbes billionaires list just yet, but perhaps a name change
buy a house concept. small house in a shopping cart Getty House hunting online has become the new “Great American Pastime.” But before you go house hunting for real, it is strongly recommended that you get your mortgage “getting” house in order. Mortgage financing is about 3 things; your credit history, the money you have
Coffee comes in many forms — hot, cold, flavored and decaffeinated. But the idea of coffee without the bean —well that’s something new. It’s called “molecular coffee.” Atomo, a start-up located just blocks from the famous Starbucks in Seattle’s Pike Place Market, said it’s reverse-engineered the coffee bean. And if you’re wondering why, you’re not
Even though stocks are trading around all-time highs, CFRA’s Sam Stovall thinks Wall Street isn’t bullish enough. According to the firm’s chief investment strategist, an under-the-radar historical trend suggests the S&P 500 will continue to reach record levels through December. He credits a phenomenon that’s only happened 28 times since WWII. Stovall highlighted the pattern
(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) Let’s call them the undisrupted champions of Wall Street. A small group of enormous, elite consumer companies — once seen as vulnerable to onrushing digital disruption and shifting public tastes — have
Sixteen years ago, when John first left Mumbai, India to immigrate to the U.S., he only had $1,000 to his name. He also didn’t have a credit score – credit wasn’t something his family had access to – which left him unable to approach a traditional apartment complex with a vacancy. Instead he had to
COLUMBUS, OH – OCTOBER 26: Chase Young of the Ohio State Buckeyes pressures the quarterback against … [+] the Wisconsin Badgers (Photo by Jamie Sabau/Getty Images) Getty Images Late last month, the NCAA said college athletes could get paid for the commercial use of their likenesses or names, though it appeared to limit the compensation.
Aerial view of Chicago Getty As with residential business, commercial real estate agents can experience success through specialization. One established way to specialize is by property or asset type, such as retail, office, industrial, land, hospitality and healthcare. Together with services like leasing, acquisitions and dispositions, valuation, and development, the layers of expertise stack up.
Anheuser-Busch remains the king of beers, ruling nearly 41% of the $119 billion U.S. market for beer and malt-based beverages. But there’s trouble in the consumer market for the iconic maker of Budweiser, Bud Light, Beck’s, Goose Island and dozens of other brands. Americans are drinking less beer and more wine and spirits, while also
A Woman jogs past the U.S. Capitol in Washington, October 24, 2019. Siphiwe Sibeko | Reuters Washington can feel pretty gridlocked these days, with the impeachment proceedings against President Trump dividing politicians by party lines. Still, both Republicans and Democrats have rallied around a number of bills that could deliver real changes to your personal
A trader works next to a Grubhub Inc. paper bag on the floor of the New York Stock Exchange (NYSE) in New York. Jin Lee | Bloomberg | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) Here are some
It’s no secret most people overindulge during the holidays. Aside from feasting on holiday treats, nearly two-thirds of adults said they have felt pressure to overspend this time of year, according to a recent survey by Bankrate.com. With that comes a heavy toll. Roughly two-thirds of Americans also said that holiday expenses negatively affect their
Chicago (undated) Getty Why are public pension plans so poorly funded? Sure, you can blame politicians’ meddling, or irresponsible benefit increases, or decisions to take contribution holidays, but, to take the Chicago Teachers’ Pension Fund as a case study, it was not designed to be funded in the first place. Here’s the story, as assembled
That number was the third highest on record, despite the fact that the tax changes that took effect in 2018 reduced some of the opportunities to take advantage of tax breaks for charitable giving. Clearly, most donations are motivated by a lot more than tax savings. But there’s no reason not to maximize your tax
Aerial panorama of Jersey City skyline at sunset. Getty Here’s the latest on the country’s most expensive ZIP codes for apartment renters according to ApartmentGuide.Com. ApartmentGuide.com looks at multi-family buildings with 50 units or more to scope out where the priciest neighborhoods are. Brian Carberry, Managing Director of ApartmentGuide found few surprises. ”I think on this
CNBC’s Jim Cramer previews next week’s earnings reports from companies such as Target, Kohl’s and Foot Locker. The “Mad Money” host also chats with LivePerson CEO Robert LoCascio, who discusses how artificial intelligence has changed the way customers interact with companies. Later in the show he explains why both Wells Fargo and Walmart are worth buying.
Nick Schommer, Janus Henderson Source: Janus Henderson (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) Being a contrarian can make someone seem like a genius or idiotic. For Nick Schommer, it has been the former this year. Schommer manages the Janus
At America’s first Rolliefest, the rules are clear: Don’t reveal the location of the event on social media until it’s over. Last month, 110 watch collectors from 13 countries filed past armed guards at the Lotte New York Palace hotel in midtown Manhattan. There, some of the world’s most prominent watch collectors were gathered in
(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) The addictive nature of video games, designed to keep players in the game for as long as possible, may make investors happy, but some are now warning that a regulatory crackdown could