Sylvester Stallone attends the premiere of HBO Documentary Film “Very Ralph” at The Paley Center for Media on November 11, 2019 in Beverly Hills, California. Rich Fury | Getty Images Sylvester Stallone is auctioning off some of his most prized watches, including two that became famous in his movies. The Academy Award-nominated actor, known for
Month: November 2020
John Stumpf, chief executive officer of Wells Fargo & Co., waits to begin a House Financial Services Committee hearing in Washington, D.C., U.S., on Thursday, Sept. 29, 2016. Andrew Harrer | Bloomberg | Getty Images Ex-Wells Fargo CEO John Stumpf and his former deputy Carrie Tolstedt were charged by the Securities and Exchange Commission Thursday
A person poses in front of a banner featuring the logo of Palantir Technologies (PLTR) at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020. Andrew Kelly | Reuters Palantir, the maker of software and analytics tools for the defense
President Donald Trump said Friday that the U.S. government would not deliver a coronavirus vaccine to New York if and when one is available. New York Gov. Andrew Cuomo “will have to let us know when he’s ready for it because otherwise, we can’t be delivering it to a state that won’t be giving it
Oliver Rossi | Stone | Getty Images The coronavirus pandemic may be putting you in some uncomfortable financial situations with your family. A relative may have asked for a loan, or your young adult child may be looking to move back home. You may be struggling financially and haven’t addressed it with your kids, or
CNBC’s Jim Cramer said Friday that investors should feel more confident that an orderly transition of power from President Donald Trump to President-elect Joe Biden should occur — suggesting a “Black Swan” event that Trump refuses to leave the White House, despite losing a democratic election, appears unlikely. Cramer pointed to a number of developments
“The Spirit of the Rose,” a rare purple-pink diamond mined in Russia, was sold at a Sotheby’s auction for nearly $27 million. A picture taken at a press preview on November 6, 2020. Fabrice Coffrini/AFP via Getty Images The largest purple-pink diamond ever to be auctioned has been sold in Geneva, Switzerland for 24,393,000 Swiss
Volunteers distribute food to the needy in Orlando, Fla. Paul Hennessy/NurPhoto via Getty Images Continuing claims Continuing claims for unemployment benefits are the best available proxy for the total number of people receiving jobless aid. Claims have fallen by more than 10 million since the early summer. There were around 21 million continuing claims through
John Riccitiello Gus Ruelas | Reuters Video game software developer Unity Software‘s stock fell as much as 6% in after-hours trading on Thursday as the company posted widening net losses in its third-quarter earnings. Here’s what they reported: Loss per share: 97 cents Revenue: $200.8 million Net loss: $144.7 million CNBC does not compare reported earnings
Oregon Gov. Kate Brown speaks Tuesday, Nov. 10, 2020, in Portland, Ore. Cathy Cheney | Portland Business Journal | AP Oregon Gov. Kate Brown on Friday announced a “two-week freeze” on most activities and non-essential business across the state to curb what she described as an “alarming spike” in coronavirus cases and hospitalizations. The new
Hedge fund manager Bill Ackman has put on another bet that companies will struggle to pay their debts, months after he cashed in a $2.6bn profit. Read more at https://on.ft.com/35nmmVb See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132 ► Check out our Community tab for
Andersen Ross | Blend Images | Getty Images Making smart tax decisions can have a big impact on the amount of money someone has in retirement. Investing and withdrawing retirement funds in a tax-efficient way is among the top ways financial advisors can boost returns for clients, according to an analysis published by researchers at
Caterpillar Inc. excavators are displayed for sale at the Whayne Supply Co. dealership in Louisville, Kentucky, U.S., on Monday, Jan. 27, 2020. Luke Sharrett | Bloomberg | Getty Images This week, investors shifted money away from high-flying tech stocks, and into beaten-down groups like energy, industrials and real estate. These sectors, which are more sensitive
Self-made billionaire Mark Cuban is committed to life-long learning and often says it is key to his success. In fact, Cuban has said time and money spent on learning is “the best investment” he has ever made. And now, “we’ve got to teach our kids how to learn, because that’s the ultimate skill going forward,”
Traders work the floor of the New York Stock Exchange. NYSE U.S. stock futures rose on Thursday night as Wall Street continues to grapple with the rising number of coronavirus cases and its potential economic impact. Earlier on Thursday, the Dow dropped more than 300 points during the regular session, notching its second straight daily
CEO of Cisco Chuck Robbins speaks during the VivaTech (Viva Technology) trade fair in Paris on May 24, 2018. Gerard Julien | AFP | Getty Images Cisco shares moved as much as 9% higher in extended trading on Thursday after the company reported fiscal first-quarter earnings and an upbeat forecast that exceeded analysts’ expectations. Here’s
JetBlue planes at a gate at John F. Kennedy International Airport in New York. Mark Kauzlarich | Bloomberg | Getty Images Get ready to fight over the armrest again. JetBlue Airways on Thursday said it will sell all seats on its flights starting Jan. 8. It is the latest carrier to cite advanced filtration systems
President-elect Joe Biden delivers remarks in Wilmington, Delaware, on Nov. 9, 2020. Angela Weiss | AFP | Getty Images President-elect Joe Biden ran on a platform that included proposals to shore up Social Security benefits while extending the program’s solvency. How his administration and the next Congress take shape will help determine just how many
CNBC’s Jim Cramer said Thursday he believes some on Wall Street have become too optimistic about the market in the face of surging coronavirus cases and hospitalizations, suggesting investors will find better entry points into stocks. “I think there’s too many people who are positive. I think you let it come in a little,” Cramer
“I’m going to spend less this month.” We’ve all said these words at some point in our lives. But changing your bad money habits isn’t easy. Most of our impulsive spending happens when our brain is on autopilot. The solution is to implement both short-term and long-term strategies which upend our reactive spending routine. From
Chuck Robbins, CEO, Cisco Systems, speaking at the World Economic Forum, Davos, Switzerland, January 21, 2020. Check out the companies making headlines after hours on Thursday: Cisco Systems — Cisco shares rallied nearly 9% in after-hours trading on the back of better-than-expected results for its fiscal first quarter. The company reported earnings per share of
A Disney cast member welcomes guests to Magic Kingdom Park at Walt Disney World Resort on July 11, 2020. (Photo by Matt Stroshane/Walt Disney World Resort via Getty Images) Disney is set to report earnings for its fourth quarter of 2020 after the bell on Thursday. Here are the key numbers: Loss per share: 71 cents
Grocery shoppers are trading canned goods and bags of dried beans for specialty chocolate and gourmet pasta sauce as coronavirus cases rise across the country, new research shows. In the early months of the pandemic, in the spring, Americans filled up their grocery carts with bulk purchases of food and household staples, and grocers raced
Tim Ferriss reveals what he’s learned about the routines and day to day lives of billionaires and business titans.
Lindsay Hartmann, pictured with her sons, is married to an active-duty Marine. The family moved to Florida in June and she’s still trying to find a full-time job. Source: Lindsay Hartmann In the last eight months, Lindsay Hartmann has endured a bout with Covid-19, a job loss and a cross-country move. Uncertainty has long been
Martin Barraud | OJO Images | Getty Images When introducing clients to the idea of sustainable, or socially responsible, investing, financial advisors’ questions often spark a revelation. “Our first question to any potential client is about values,” said certified financial planner Mitchell Kraus, co-founder of Capital Intelligence Associates in Santa Monica, California. “What do you
A pedestrian holding an umbrella walks past a Charles Schwab office in New York. Scott Eells | Bloomberg | Getty Images Stocks are surging on Monday but some customers of online brokers Charles Schwab, TD Ameritrade, Vanguard and others could be missing out on the record market highs. E-brokers are experiencing technical issues with their
Sign advertising apartments for rent in the Upper East Side in New York City. Adam Jeffery | CNBC Manhattan real estate may be turning the corner, as new rentals increased for the first time in over a year and sales activity started to creep higher after the Covid collapse. A big drop in rental prices
An exterior view of the U.S. Securities and Exchange Commission (SEC) headquarters in Washington. Jonathan Ernst | Reuters What would a Democrat-controlled Securities and Exchange Commission look like? It’s early, but speculation is already raging on Wall Street. Who will be the next SEC Commissioner? Former CFTC chair Gary Gensler, who aggressively implemented Dodd Frank
Former Aetna CEO Mark Bertolini told CNBC on Wednesday that the flaws in the Affordable Care Act can be fixed without totally getting rid of the law. “To tear … this very important program out now, in the midst of this pandemic and huge unemployment, would be huge mistake,” Bertolini said on “Squawk on the Street.”
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