Katz’s Delicatessen in New York City has been around for more than a century, maturing into an iconic institution on the Lower East Side. Owner Jake Dell told CNBC on Friday he feels the weight of family history as he seeks to navigate the uncertainty and disruption wrought by the coronavirus pandemic. “This is our
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Travel concept. Blue and red passports background. 3d illustration getty In some circles 2020 became the year of the second passport. For a cool THB 10 million (about $334,000), Thailand is doling out residency to investors willing to build residential real estate. St. Kitts and Nevis slashed the cost of its golden visa by $45,000
Scott Shleifer (right) is one of the latest to move to Florida from New York City. Getty Images A home in Palm Beach, Florida has sold for $132 million, making it the second highest-priced single-family home on record for the U.S. The buyer was Scott Shleifer, cofounder of private equity investing arm of Tiger Global
By Margie Zable Fisher, Next Avenue Glen Muñoz, podcast producer Glen Muñoz Almost every day since the outbreak of the coronavirus, we’ve heard stories about businesses shutting down. Yet new businesses have also been launched during the pandemic at the fastest rate in over a decade, according to The Wall Street Journal. Some of these new
Sanders Fabares felt that something wasn’t working. Even after years of paying $1,000 a month toward his student loans and his wife’s, their balance hadn’t decreased by much. They still owed around $80,000, down from the $90,000 they’d originally borrowed. “I started trying to understand what we were doing wrong,” Fabares, 41, said. His research
McDonald’s Chicken Sandwich Source: McDonald’s McDonald’s is looking to win the chicken sandwich wars with lower prices, while Restaurant Brands International’s Burger King is still figuring out its strategy, according to a Credit Suisse report. In August of 2019, Burger King’s sister chain Popeyes kicked off the chicken sandwich wars with the launch of its
Bob Chapek, CEO of the Walt Disney Company and former head of Walt Disney Parks and Experiences, speaks during a media preview of the D23 Expo 2019 in Anaheim, California, Aug. 22, 2019. Patrick T. Fallon | Bloomberg via Getty Images Disney is set to report earnings for the first quarter of 2021 after the
Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Disney reported quarterly profit of 32 cents per share, surprising analysts who had expected a loss of 41 cents per share. Disney saw a not-unexpected slump in theme park attendance and box office results due to Covid, but the
Dr. Anthony Fauci and billionaire philanthropist Bill Gates talk regularly these days, and as you would imagine, they mostly talk about ending the pandemic. More specifically, right now, “we’re talking a lot about these variants and what that will do,” Gates, whose Bill and Melinda Gates Foundation has committed $1.75 billion to the fight against Covid-19, told
Virgin Galactic’s spacecraft Unity prepares for flight. Virgin Galactic Virgin Galactic shares dropped after the company on Friday delayed its next spaceflight test, which was scheduled for this weekend. “We have been progressing through our pre-flight preparations and, during that process, we have decided to allow more time for technical checks. We are working to
Charles “Chase” Merritt, who was convicted of murdering the McStay family, appears during his sentencing hearing at San Bernardino Superior Court in San Bernardino on Tuesday, Jan. 21, 2020. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images In an era of gig work and side hustles, many budding entrepreneurs may be
The IRS is accepting 2020 tax returns starting February 12, 2021. getty The Internal Revenue Service says taxpayers should expect to face limited face-to-face operations, heavy call volume, and paper-processing delays as it opens today for tax season 2021, accepting tax returns for tax year 2020. And then there’s all the pandemic-related tax law changes
Epic Games CEO Tim Sweeney receives an award at a video game trade event in 2019. (Photo by Rachel Luna/Getty Images) Getty Images On the gravesite of a Foot Locker, the Aeronauts are descending. In January, Epic Games, maker of the Fortnite video game franchise, announced that it is acquiring a 980,000-square-foot mall in Cary,
LightRocket via Getty Images Over the last couple of weeks, the financial headlines have been dominated by market manipulation, GameStop, short squeezes, Reddit frenzies and other uncommon topics. A little perspective makes it easier to understand these events and how they should affect your investment strategy. The big news was the strong increase in the
U.S. Speaker of the House Nancy Pelosi (D-CA) participates in a news conference on the third day of the Senate impeachment trial of former U.S. President Donald Trump in Washington, February 11, 2021. Erin Scott | Reuters House Speaker Nancy Pelosi on Thursday said that a $15 federal minimum wage will be included in the
An employee cleans the grounds behind the closed gates of Disneyland Park on the first day of the closure of Disneyland and Disney California Adventure theme parks, in Anaheim, California, on March 14, 2020. DAVID MCNEW | AFP | Getty Images Disney took another financial hit during its fiscal first-quarter, as restrictions on attendance at its
A man wearing a mask as a preventive measure against the spread of Covid-19 walks in London. May James | SOPA Images | LightRocket via Getty Images The U.K. economy contracted by 9.9% in 2020, its largest annual contraction since records began, as the coronavirus pandemic ravaged economic activity. In the final quarter of the
Whitney Wolfe Herd, founder and CEO of Bumble, has built a business worth over $7 billion in seven years. In its initial public offering, Bumble raised $2.2 billion from investors. Bumble is also one of the three female-founded companies to go public in the past year and has made Wolfe Herd a billionaire at 31. So
Virgin Galactic pilots walk to the company’s SpaceShipTwo Unity spacecraft, attached to the jet carrier aircraft Eve. Virgin Galactic Shares of Virgin Galactic climbed as a notice from the Federal Aviation Administration indicated that the company’s next spaceflight test is on track to launch as early as Saturday. An FAA notice posted on Thursday said
Economic Security Planning, Inc. Today’s column addresses questions about whether to decide when to file according to a break even analysis, whether you must actively file for benefits taken after earlier benefits and how military credits are applied for periods of actively service. Larry Kotlikoff is a Professor of Economics at Boston University and the