Month: November 2020

Lisa Lickers, her husband and their blended family before the arrival of their baby. Source: Lisa Lickers Navigating the terrain of a blended family’s financial life is tricky enough in normal times. Add a pandemic into the mix, and things can get downright exhausting. “Stressful financial situations bring to the surface underlying family dynamics,” said
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Neiman Marcus now offers a virtual gift advisor service, and an in-store concierge service, to help customers pick out items on their wish lists. Source: Neiman Marcus Santa Claus will be busy delivering packages curbside, by appointment, at Neiman Marcus this holiday season. This is just one of the new initiatives that the luxury department
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Japanese automaker Nissan has a history of saving itself from the brink of disaster. Right now it is trying to repeat the trick. Like all other automakers, the company is losing money from the coronavirus pandemic. But it’s also trying to recover from some self-inflicted wounds by former Nissan executives, including ex-CEO Carlos Ghosn. Now
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AJ Watt | Getty Images Are you stocking up on cold and flu meds for the winter? Buying an at-home Covid-19 test kit? If so, you are running out of time to use this tax-advantaged account for those purchases. Health-care flexible spending accounts, which may be available at your job, allow you to stash pre-tax
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Richard Newstead | Moment | Getty Images Drones have arrived on Wall Street. Goldman Sachs, the world’s top mergers advisor, is among investment banks using drone technology to give its clients a bird’s-eye view of the companies they are bidding on, according to Stephan Feldgoise, the firm’s global co-head of mergers and acquisitions. After Covid-19
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Federal Reserve officials took part in a detailed discussion about their asset purchase program during the meeting earlier this month, at which some members said they expect several changes to be enacted. The Fed on Wednesday released minutes from its Nov. 4-5 policy meeting. Officials at that meeting voted to keep benchmark short-term borrowing rates
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‘Tis the season to shore up your savings. In the days leading up to Black Friday, financial experts caution against overspending, particularly amid an economic crisis due to the coronavirus pandemic — and consumers are listening. One campaign, called “In the Black Friday,” spearheaded by the National Financial Educators Council, encourages consumers to avoid debt
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U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell are seated to testify before a House Financial Services Committee hearing on oversight of the Treasury Department’s and Federal Reserve’s coronavirus disease (COVID-19) pandemic response on Capitol Hill in Washington, U.S., September 22, 2020. Joshua Roberts | Reuters The Federal Reserve could provide clues
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For Rep. Alexandria Ocasio-Cortez, being a member of Congress requires being “on-call 24/7,” she recently told Vanity Fair. But despite the demands, AOC has trick to staying both productive and upbeat. “I try to focus less on ‘productivity’ and focus more on impact,” Ocasio-Cortez, 31, wrote in an Instagram story Saturday night. Ocasio-Cortez, who sits on the
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Enrique Lores, CEO, HP Scott Mlyn | CNBC HP shares rose as much as 9% in extended trading on Tuesday after the PC maker reported fiscal fourth-quarter earnings that beat analysts’ estimates and provided an optimistic earnings forecast. Earnings: 62 cents per share, adjusted, vs. 52 cents per share as expected by analysts, according to
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“The difference between people who achieve their dreams and those who don’t is simple,” according to Spanx founder and CEO Sara Blakely. “It’s about action,” she said in an Instagram post on Monday. “It’s not about having a ton of brains or ton of money or a ton of experience,” according to Blakely. “Two decades
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Dow 30,000 may just be the beginning. Oppenheimer Asset Management’s John Stoltzfus believes the Dow’s record high on Tuesday is justified despite the nation’s battle against surging coronavirus cases. He lists a resilient economy as the major factor for optimism. “Very simply, the fundamentals are improving and prospects for them to improve further appear likely,”
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