The Las Vegas City Council approved an ordinance Wednesday that criminalizes camping or sleeping on … [+] downtown streets when beds are available at established shelters. Getty Images The Las Vegas City Council approved a controversial ordinance Wednesday that makes it illegal to rest, sleep or camp on streets and sidewalks in public areas downtown
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Jack Ma, CEO of Chinese e-commerce giant Alibaba, speaks during his visit at the Vivatech startups and innovation fair, in Paris on May 16, 2019. Philippe Lopez | AFP | Getty Images Jack Ma, the founder of Alibaba Group, topped the Forbes China Rich List for the second year running in 2019. Ma, who stepped
The Humana headquarters office stands in Louisville, Kentucky. Ty Wright | Bloomberg | Getty Images U.S. health insurer Humana reported a third-quarter profit that beat Wall Street estimates on Wednesday on higher sales of its government-backed Medicare Advantage health plans and raised its full-year earnings forecast. Here’s what the company reported compared with what Wall
Netflix has built itself into a $125 billion company by accumulating global subscribers — a number that hit 164 million when the company announced third-quarter results last month. But CEO Reed Hastings said Wednesday that subscriber counts aren’t the right metric to track who’s winning the streaming wars — what’s really important is how viewers
A customer pays for his purchases inside a Lowe’s store in Cary, North Carolina. Jim R. Bounds | Bloomberg | Getty Images Here are the biggest calls on Wall Street on Wednesday: Raymond James initiated Lululemon & Nike as ‘outperform’ & Footlocker as ‘underperform’ Raymond James said in its initiation of several retailers that overall
ferrantraite | E+ | Getty Images You may have the perfect plan for holiday season travel. Yet one wrong move and your carefully crafted budget could fly out the window. “The holidays are a really busy time and there are already so many things to do – from checking off wish lists to holiday functions,”
Businessman looking tired while working at his office desk Getty Real estate investment trusts (REITs) are on fire—and we need to be very careful not to get burned. Here’s the twist: there’s plenty more upside ahead—and you can thank the Fed for that. Its latest rate cuts will keep powering REITs higher, for two reasons:
Economic Security Planning, Inc. Today’s column addresses the possibility of suspending a retirement benefit to then get spousal benefits, when spousal benefits can be paid, suspending a benefit after receiving disability, potential merits of early filing and voluntarily paying into Social Security. Larry Kotlikoff is a Professor of Economics at Boston University and the founder
The Pinnacle penthouse Williams New York After sitting on the market for several years, “The Pinnacle” penthouse at the top of New York City’s famed Woolworth Building is relisted with its first furnished renderings and a lower price. Originally listed for $110 million in 2017, the property, which spans the top five floors of the
Rory Gamble, acting president of the United Auto Workers, speaks with CNBC at the union’s temporary headquarters in metro Detroit on Nov. 6, 2019. Michael Wayland / CNBC DETROIT – Rory Gamble, acting president of the United Auto Workers, is concerned that an ongoing federal corruption probe into the union could lead to a RICO
Getty Images Altice USA missed expectations for third-quarter results on Tuesday due to weakness at its pay-TV division and the cable TV provider cut its full-year sales forecast, sending its shares down 10%. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per
Gotham | GC Images | Getty Images NEW YORK — If it weren’t for the industrious work ethic of the Kardashians, rapper Kanye West may have been content to squander his days as “the greatest artist in human existence.” West — donning a cobalt blue hoodie among a sea of Wall Street suits — said
Ray Dalio, billionaire and founder of Bridgewater Associates LP, speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, D.C., U.S., on Friday, Oct. 18, 2019. Al Drago | Bloomberg | Getty Images Central banks have been giving cheap money to investors who have been injecting it into companies that are often
Advertising billboards seen in Times Square, New York City Brigitte Blättler | Moment | Getty Images If you’re living in the northeastern part of the country, chances are that you’re paying some hefty income taxes. New Yorkers paid the most in state income levies — $2,249 per capita during the 2017 fiscal year, according to
(Rancho Santa Fe, CA)Clinical Pharmacist Jason Kim consults patients with Medicare questions (Photo … [+] by Mark Boster/Los Angeles Times via Getty Images) Los Angeles Times via Getty Images One of the biggest misconceptions seniors have about health care is this: I have Medicare so don’t need to worry about medical costs in old age. It
Getty Everyone’s heard the stories of celebrities who died without a proper estate plan in place. It’s been a hot topic in the last few years with Prince and Aretha Franklin serving as unfortunate faces of the phenomenon. But it’s not just freewheeling entertainers. Abraham Lincoln – a lawyer by trade – didn’t have one either, which leads
Share to facebook Share to twitter Share to linkedin Happy couple is taking keys from their new house from broker and smiling. Getty There’s no getting around the fact that buying a home is a huge investment. Between the down payment and closing costs, today’s buyers need to show up to settlement prepared to pay
[embedded content] [The stream is slated to start at 9:35 a.m. ET. Please refresh the page if you do not see a player above at that time.] Boeing CEO Dennis Muilenburg is slated to speak Wednesday at The New York Times DealBook Conference in New York. The aerospace and jet executive is expected to discuss
Papa John’s International Inc. signage is displayed on top of a delivery vehicle outside of the company’s restaurant in Nashville, Tennessee. Luke Sharrett | Bloomberg | Getty Images Papa John’s stock jumped 5% in premarket trading after announcing an executive reshuffle and quarterly revenue that topped Wall Street’s estimates. Same-store sales in North America turned
Check out the companies making headlines before the bell: Capri Holdings – The Michael Kors parent earned an adjusted $1.16 per share, falling 8 cents a share short of estimates. Revenue was essentially in line with expectations. The company pointed to the impact of higher expenses and the protests in Hong Kong. CVS Health –