The 2021 Bronco four-door Badlands series with available Sasquatch off-road package in cactus Gray. Ford Ford Motor is taking a run at the nation’s No. 1 off-road seller, the Jeep Wrangler, with its highly anticipated relaunch Monday night of the Bronco SUV — a boxy utility vehicle that developed a cult following after it was discontinued in
admin
The median price for a home in San Francisco is about $1.3 million, according to real estate site Zillow. Education Images | Universal Images Group | Getty Images There’s one part of the mortgage world that’s harder for some would-be home buyers to access: Jumbo loans. While there are signs that lenders may be easing
A view of the New York Stock Exchange (NYSE) is seen at Wall Street on June 29, 2020 in New York City. Angela Weiss | AFP | Getty Images Warner Music Group Corp., the label for artists like Ed Sheeran and Cardi B, went public last month with 28 underwriters. More than a third of
In the early 2000s, Tesla Motors was a small start-up underdog in the automotive industry. It faced naysayers because “no one was doing electric cars,” CEO Elon Musk said on the “Third Row Tesla” podcast in February. But despite the odds, Tesla became the world’s most valuable automaker – its market capitalization surpassed Toyota’s for the first time on July
The headquarters of German immunotherapy company BioNTech stands on April 22, 2020 in Mainz, Germany. Thomas Lohnes | Getty Images Check out the companies making headlines after the bell: Tesla — Shares of Tesla fell 2% in extended trading. During the day, the stock rose and then fell in a volatile session and at one point
People volunteer for Covid-19 surveillance testing using the Quest Diagnostics self administered PCR test on on July 12, 2020 in Livingston, Montana. William Campbell | Getty Images Quest Diagnostics reported preliminary second-quarter revenue above analysts’ estimates on Monday, largely on growing demand for its Covid-19 testing services, sending its shares up 2.7% before the bell.
Gavin Newsom, governor of California. Rich Pedroncelli | AP | Bloomberg via Getty Images California Gov. Gavin Newsom ordered Monday all counties in the state to close indoor operations for a handful of businesses, including restaurants, bars, movie theaters and museums, as Covid-19 cases continue to climb. The order comes after Newsom previously ordered these
Morsa Images If your income has taken a hit during the coronavirus pandemic, you may be trying to figure out ways to bring in some cash. One option is to tap your 401(k) plan or individual retirement account under the new rules enacted in the federal coronavirus stimulus package, or CARES Act. Experts often say taking money
An event held in Hong Kong for investors interested in U.K. property. Uptin Saiidi | CNBC A lot of the wealthy, wealthy Hong Kongers already have a footprint in the U.K. and they’ve already started some of that displacement of capital or diversification of capital outside of Hong Kong James Dempsey Asia sales director at
Wilmington Trust’s Meghan Shue sees a battle is underway on Wall Street as coronavirus cases surge and companies get ready to report second quarter earnings. According to the firm’s head of investment strategy, there’s a tug-of-war between market skepticism and fear of missing out. “We are definitely seeing a tremendous amount of skepticism about this
Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo on Monday reported that its quarterly revenue fell as fewer consumers bought its drinks at restaurants or convenience stores amid the coronavirus pandemic. The company did report growth for its food items, such as Cheetos and oatmeal,
RJ Scaringe, founder and chief executive officer of Rivian Automotive Inc., unveils the R1T electric pickup truck, left, and R1S electric sports utility vehicle (SUV) during a reveal event at AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California. Bloomberg | Bloomberg | Getty Images As shares of electric truck maker Nikola
Tomas Vargas, Jr., of Stockton, Calif., says that receiving money through the city’s universal basic income experiment has been life changing. Snap Jackson Photography A few years ago, Tomas Vargas, Jr., was having a tough time supporting his family. The Stockton, California, resident, a part-time supervisor at UPS, found his paychecks were not enough to
Costco store in Teterboro, New Jersey. SOPA Images | LightRocket | Getty Images How to pinpoint top stocks primed to outperform during this uncertain time? Here are a few of the names the best-performing Wall Street analysts are betting on right now. As we move into the second half of the year, it could make
Working from home could be about to get a major upgrade, as Barbados Prime Minister Mia Mottley has said her government is considering letting visitors stay and work remotely from the island for a year. Mottley said lawmakers were looking at introducing the 12-month “Barbados Welcome Stamp,” noting that restrictions due to the coronavirus pandemic
A pedestrian passes in front of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, June 3, 2020. Michael Nagle | Bloomberg | Getty Images Stock futures rose in overnight trading on Sunday as investors looked past a record spike in coronavirus cases in Florida. Futures on the Dow Jones Industrial Average
Still from “The Batman,” an upcoming superhero film from Warner Bros. Warner Bros. Matt Reeves’ take on the Dark Knight won’t arrive in theaters until 2021, but that’s not stopping HBO Max from committing to giving the film its own expanded universe. On Friday, the streaming service owned by AT&T announced that it had given
Demonstrators gather in front of the Texas State Capital during a protest in Austin, Texas, on Tuesday, June 30, 2020. Sergio Flores/Bloomberg via Getty Images More states may take similar steps as outbreaks expand, mostly across the American South and West. The United States reported a daily record of 63,247 new cases of Covid-19 on
Although Kevin O’Leary started his first business at 32, he knew as a teenager that he would become an entrepreneur. He had that ‘aha’ moment working at an ice cream shop in high school, he tells CNBC Make It. “My big ‘aha’ moment was getting fired from my first job on the first day I was
A file photo of American Airlines Boeing 737 Max planes. Patrick T. Fallon | Bloomberg | Getty Images American Airlines executives have told Boeing they will not take delivery of 17 Boeing 737 Max airplanes unless the airline can secure financing to pay for the aircraft, people familiar with the discussions told CNBC. The 17
President Donald Trump criticized his top infectious disease advisor this week while Dr. Anthony Fauci separately admitted he hasn’t briefed the president on the coronavirus pandemic in at least two months — widening an apparent growing rift between the two. “Dr. Fauci’s a nice man, but he’s made a lot of mistakes,” Trump said in an
Changes to Medicare that advocates have been seeking may end up in the next federal coronavirus relief legislation, experts say. The Republican-controlled Senate is expected to unveil its version of the next stimulus package in late July as the Covid-19 pandemic continues to slow economic recovery and unemployment remains high. Senate Majority Leader Mitch McConnell,
A battle heats up between a deep-research investor with a private equity mindset and an underperforming small cap software stock. This is a textbook case of good activism — a company with poor operating history, horrible corporate governance, underperforming stock, overpaid CEO and a large, long-term shareholder with a very friendly and reasonable request with impressive
Young Elon Musk had two favorite subjects in high school – and in both, he performed “best” academically. “When I was in high school … I got distinctions in two areas: physics and computer science,” Musk said on the “Third Row Tesla” podcast in February. “Those were my two best subjects.” So at the time, “I
Carlos McArthur, a resident of Syracuse, New York, lost his job with a medical transportation company in March. He lived in his car for more than two months while waiting for his unemployment benefits to arrive. Carlos McArthur is one of millions of Americans who lost a job during the coronavirus pandemic. But his plight
Dani Reiss, president and CEO of Canada Goose Rick Madonik | Getty Images Canada Goose‘s CEO said Friday the retailer’s recently opened experiential store in Canada is “almost built for this environment,” as consumers brave enough to venture outside are looking for things to do during the coronavirus pandemic. “Naturally, it is socially distanced,” Chief
A newly erected fence blocks the front of a vacant home that Moms 4 Housing activists occupied during a months-long protest that ended in a court-ordered eviction, in Oakland, California. PHILIP PACHECO Emily Benfer began her career representing homeless families in Washington, D.C. Her first case involved a family that had been evicted after complaining to
Both as president and in business, Donald Trump is often accused of being overconfident and self-serving. And according to his niece Mary Trump’s upcoming book, “Too Much and Never Enough,” Donald learned that from his dad Fred’s obsession with famous 1950s self help author, Norman Vincent Peale. Peale, a minister who “preached self-confidence as a life
A customer leaves an ATM at a Wells Fargo branch in Denver. Rick Wilking | Reuters Check out the companies making headlines in midday trading: Gilead Sciences — Gilead gained 2.1% after saying its coronavirus treatment candidate drug, remdesivir, was associated with an improvement in clinical recovery and a 62% reduction in the risk of mortality compared
Even when the Great Recession dampened consumer confidence and drove up unemployment things weren’t as bad for retailers as they have been during the current Covid-19 crisis, according to a new analysis from Retail Metrics. Days after the World Health Organization declared a pandemic in March, retailers across the U.S. were forced to shut their