Abigail Disney, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, April 30, 2019. Patrick T. Fallon | Bloomberg | Getty Images Abigail Disney, the heiress to the world-renowned entertainment firm, has endorsed the proposed wealth tax from Democratic presidential candidate Sen. Elizabeth Warren, slamming the wealthy people that are
Month: November 2019
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on October 3, 2019 in New York City. Drew Angerer | Getty Images An unusual trend in the stock market emerged recently as the latest sign that perhaps greed is the driving force behind the rally
Tom Werner | DigitalVision | Getty Images If you were diligently saving money for medical expenses all year, you may be about to lose it. A health-care flexible spending account, which you may have access to at work, allows you to save pretax dollars in a savings account. You can take tax-free distributions from the
President Donald Trump delayed announcing a flavored e-cigarette ban because he was “spooked” by the political ramifications, but a plan will likely still be implemented, former FDA Commissioner Scott Gottlieb told CNBC on Friday. “I think that something’s going to get done here,” Gottlieb said in a “Squawk Box” interview. “They wouldn’t be putting on
ATLANTA, GEORGIA – NOVEMBER 20: Democratic presidential candidate Sen. Kamala Harris (D-CA) speaks … [+] during the Democratic Presidential Debate (Photo by Alex Wong/Getty Images) Getty Images Nearly all of the Democratic presidential hopefuls have proposed or supported plans to create a federal family leave program that would include those who are caring for frail
Share to facebook Share to twitter Share to linkedin Some items aren’t as cheap as you may think. Bebeto Matthews/ASSOCIATED PRESS Topline: With the holiday shopping season right around the corner, millions will be out in force searching for deals beginning Friday, November 22, on Black Friday (November 29) and Cyber Monday (December 2), but
The countertops in this Bonsall, CA house were manufactured by Ceasarstone®. This modular house was … [+] designed and manufactured by Commect Homes. Photo courtesy of photographer Daniel Hennessey for Prefabulous Small Houses by Taunton Press In the not so distant past, homeowners in luxury homes all wanted granite countertops. But in the last several
Imagine loading up a cart full of merchandise at a store, and just walking out the door in broad daylight as store employees watch you do it. It’s known as organized retail crime, and it’s a growing trouble for the nation’s retailers. Instead of stealing for personal use, these criminals are part of a larger
The Gap and Old Navy stores located in Times Square, New York. Adam Jeffery | CNBC Gap Inc. on Thursday reported earnings and sales for the quarter that topped analysts’ expectations, after the company warned earlier this month that it was anticipating dismal results. Its shares were up about 1% in after-hours trading on the
Win McNamee | Getty Images BEIJING — The close economic and financial ties between the U.S. and China create potentially greater risks for America’s global clout if the two countries separate further. “We are still in the foothills of a Cold War,” Henry Kissinger, former U.S. Secretary of State, said Thursday at Bloomberg’s New Economy
Las Vegas isn’t the first place you’d think of to go on vacation alone. But earlier this year after a conference at one of the giant hotels on the Strip, I was curious to see Sin City through fresh eyes and decided to stay five more days — by myself. Being alone in an adults’
Credit Suisse began coverage of Virgin Galactic with an outperform rating on Thursday, saying in an a note titled “The Ultimate Joyride” that the firm sees multiple factors driving the space tourism stock higher. “Our bullish view reflects the near-term monopoly SPCE offers in an industry (commercial space tourism) where public investment opportunities are scarce.
Roger Richter | Corbis | Getty Images Friends don’t let friends buy $3,000 coffee tables. If you’re stuck on a pricey piece of furniture, consider that your money may be better spent elsewhere, like on a solid sofa or a great mattress. Furniture is one of the largest purchases most people make, says Rebecca Hawkins,
Caregivers Face Dual Challenges From Caring And From Working For Pay Getty November is National Family Caregivers Month, honoring those who care for their loved ones. More than 40 million people provide care for their parents, a sick spouse, a disabled child or an ailing friend. Older adults often have to rely on help from
EAST HAMPTON, NY – AUGUST 03: Cocktail hour outside at the 10th Apollo in the Hamptons benefit at … [+] the home of Ron Perelman and Anna Chapman (Photo by Rebecca Smeyne/Getty Images) Getty Images Last Friday, The Tax Policy Center sponsored a morning-long program on market-to-market taxation of capital gains. After three hours, I
New Jersey Sen. Cory Booker, Massachusetts Sen. Elizabeth Warren and billionaire Tom Steyer … [+] discussed how to implement affordable housing during the fifth primary debate of the 2020 presidential election. Getty Images While the lack of affordable housing continues to plague the country, the question of what Democratic presidential candidates plan to do to
The Phoenix Suns unveiled renderings and provided more details Thursday night surrounding the team’s $230 million renovation project of Talking Stick Resort Arena. Labeled “Project 201: PHX Reimagined,” the 27-year-old venue, one of the oldest in the NBA that hasn’t been remodeled, will see an entire transformation. Among the upgrades is a new video scoreboard
A customer carries a shopping bag while exiting a Victoria’s Secret Stores LLC store, a subsidiary of L Brands Inc., in New York, U.S., on Wednesday, Nov. 14, 2018. Bloomberg | Getty Images L Brands turned in mixed third-quarter results Wednesday as declining sales at its Victoria’s Secret brand continued to weigh its performance. The company’s
Janet Yellen Scott Mlyn | CNBC NEW YORK — Pronounced wealth inequality that has built up for decades poses a major threat to a U.S. economy that is in otherwise “excellent” shape, former Federal Reserve Chair Janet Yellen said Thursday. The central bank leader from 2014-18 also said the U.S.-China tariff war is having a
Howard Stern Kevin Mazur | Getty Images Liberty Media CEO Greg Maffei believes the company is well positioned to capitalize on the growing popularity of podcasts and other audio content. Maffei, who joined CNBC’s David Faber from Liberty’s investor day in New York, said that while there is competition for audio content, exclusive agreements should
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