People walk past the Calvin Klein store at the Woodbury Common Premium Outlets Mall on October 21, 2017 in Central Valley, NY. Gary Hershorn | Getty Images Check out the companies making headlines after the bell: Five Below — Five Below shares rallied after the close of the regular session Wednesday evening after it said sales
Month: September 2020
Professional soccer player Amobi Okugo has spent years building up his side hustle, the smart money site A Frugal Athlete. Given the chance for a do-over, there’s one expense he’d save money on: Website design. Okugo started A Frugal Athlete in 2014 with money from his savings account, with initial start-up costs including hiring designers
katleho Seisa For most Americans, deciding when to claim Social Security retirement benefits will be one of the biggest financial decisions they ever make. But the difference between the right or wrong decision can be costly. The typical beneficiary age 65 and up relies on Social Security for half of their income. But if a
By Stephenie Overman, Next Avenue Contributor getty An 18-year-old American soldier who went to fight in Vietnam in 1968 — the year of peak deployment —is now 70 years old. In addition to the usual health problems affecting that age group, many Vietnam veterans struggle with Post-traumatic stress disorder (PTSD) and the effects of Agent
Yesterday the U.S. Center for Disease Control and Prevention issued a nationwide order halting evictions through the end of the year. The order covers 43 million U.S. residential renters if they meet income and other eligibility requirements. AFP via Getty Images The CDC’s action follows President Trump’s Executive Order of August 8, 2020. The order
Grant Mohn of Las Vegas attempts to fry an egg in the parking area at Badwater Basin, the lowest point in North America at 279 feet below sea level, in Death Valley National Park, California, U.S. August 17, 2020. David Becker | Reuters As the world heats up, cities with heat-trapping asphalt and little tree
PNC Financial’s Amanda Agati is positioning for a challenging fall. Agati, the firm’s chief investment strategist, questions whether the market can move meaningfully higher with uncertainty relating to the presidential election, the coronavirus’ path and effectiveness of vaccine trials churning in the background. “I don’t know if I want to say — or go as far
If you want to tackle problems the same way as Bill Gates, you need to start with two simple questions: “Who has dealt with this problem well? And what can we learn from them?” “Ever since I was a teenager, I’ve tackled every big new problem the same way: by starting off with [those] two questions.
Charlotte Hornets owner Michael Jordan responds to a question during a 2014 news conference at Time Warner Cable Arena in Charlotte, N.C. Jeff Siner | Charlotte Observer | Tribune News Service via Getty Images This is a developing story. Check back for updates. Shares of DraftKings jumped 16% in premarket trading after the company said
Maskot/Getty Images Tough choices are ahead for employers as President Donald Trump’s payroll tax holiday goes into effect, but it’s never too early for employees to figure out what’s coming up. The payroll tax deferral went into effect on Sept. 1, following an executive order Trump had issued in August. It’s effective until the end of
A California street getty It sounds preposterous, and the headline of a recent article here at Forbes by Marilyn Cohen is certainly eye-catching: “The Lunacy Of Using City Streets To Collateralize New Municipal Bond Deals.” And these aren’t just any municipal bond deals — two cities in California are issuing bonds with their own city
This segment of What’s Ahead expresses utter astonishment that Britain’s nominally conservative government is ready to impose an array of growth-suffocating taxes on an economy that’s reeling more than just about any other from the coronavirus-induced crisis. If the Democrats win here, the U.S. will do the same. Taxes are a price we pay, but
Transcendentalist author Henry David Thoreau once wrote in his classic book Walden, “We need the tonic of wildness.” In this book from 1854, Thoreau wrote about his life in the woods in Massachusetts, which focused on simple living in nature and privacy. His serene way of life surrounded by nature served as inspiration for Walden
A United Airlines Boeing 737-800 and United Airlines A320 Airbus on seen approach to San Francisco International Airport, San Francisco. Louis Nastro | Reuters United Airlines on Wednesday said it is planning to cut more than 16,000 jobs as early as next month, after federal coronavirus aid that protects aviation jobs runs out. Those involuntary cuts,
Macy’s got a bigger-than-expected boost online during the latest quarter, even as its stores started to reopen during the coronavirus pandemic. The department store operator’s digital sales surged 53% from a year earlier, as more shoppers visited its website to buy workout clothes and home decor. That helped it report a narrower loss and higher overall revenue
filmstudio | E+ | Getty Images Tech is playing an ever-greater role in work and the economy more broadly, meaning those who don’t have access and lack training will be under-prepared for jobs of the future. According to a new study from Deutsche Bank, minorities are disproportionately impacted and “large chunks” of Black and Hispanic
Jamie Dimon, chairman and CEO of JPMorgan Chase, manages over 250,000 employees globally – and when looking to hire new people or promote within, he looks for key “leadership” characteristics. “Management, in an important way, is facts, analysis, details, follow-up [and] discipline. And it is hard. You have to do it all the time – [managing] sales, balance
Elon Musk, co-founder and chief executive officer of Tesla Motors. Yuriko Nakao | Bloomberg | Getty Images Baillie Gifford, Tesla’s largest outside shareholder, has reduced its position in the electric auto maker after the company’s rapid share appreciation made it an outsized influence on the firm’s holdings. A filing with the Securities and Exchange Commission
Most renters in the U.S. are now protected from eviction until the end of the year, according to an order announced on Tuesday by the Centers for Disease Control and Prevention. The ban is unprecedented and could prevent millions of Americans from being forced out of their homes during one of the worst public health crises in
getty Is there a budding bull market in “boring?” Warren Buffett’s Berkshire Hathaway made news this week when they disclosed their latest investment. The giant conglomerate now owns about 5% of the outstanding shares of 5 Japanese trading companies. Or, as they call them in Japan, sogo shosha. Berkshire also owns nearly $6B worth of