Shipping containers from China and other nations are unloaded at the Long Beach Port in Los Angeles, on February 16, 2019. Mark Ralston | AFP | Getty Images The U.S. trade deficit narrowed less than expected in July as the trade war between the United States and China drags on. The Bureau of Economic Analysis
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A JetBlue Airways Corp. Airbus A321 plane taxis outside of Terminal 5 at John F. Kennedy International Airport (JFK) in New York. Mark Kauzlarich | Bloomberg | Getty Images Shares of JetBlue were down more than 3% in premarket trading after the airline lowered its revenue forecast, citing weak demand for its flights to Puerto
Tim Boyle | Getty Images News | Getty Images Shares of American Eagle Outfitters fell more than 13% Wednesday after a slow start to the back-to-school season and unseasonable weather led to same-store sales growth that missed analyst expectations. The company said that sales were disappointing during the last two weeks of July, which is
Sam Zell, who amassed a nearly $6 billion fortune with roots in commercial real estate, is slamming WeWork, the office-sharing firm that’s widely expected to go public as early as this month. WeWork, which rebranded itself as the We Company, is not doing anything new, Zell told CNBC on Wednesday. “I had the privilege of
Whether you’re a business owner, an employee with a side hustle or an investor with a hefty capital gain, a key tax deadline is coming up. Taxpayers who pay the IRS every quarter must make their third payment for this year by Sept. 16. For the 2019 tax year, the quarterly deadlines are April 15,
For decades, marijuana, even for medical uses, was demonized or questioned. When states like Colorado legalized it for recreational use, more studies began to determine provable efficacy for its use as a medicine. The Federal government still classifies marijuana the same way it classifies heroin: harmful and with no medical benefits. Now we can see
Colorful applications hovering over young hand Getty According to the Mary Meeker internet trends report, 51% of the world (3.8 billion people) are internet users, an increase from 49% (3.6 billion) in 2017. Smartphones are the primary internet access point for many people across the globe; emerging markets in remote geographies are a mostly untapped
Two exquisite homes owned by the late William B. Ruger, Jr., a member of the family who co-founded firearm manufacturer Sturm, Ruger & Company, Inc., are being auctioned September 7, 2019, with no reserve, offering buyers with a rare opportunity to purchase properties with unique grandeur and history. East of Eden Platinum Luxury Auctions Bar
Customers pump gasoline at a Kroger gasoline station in the parking lot of one of the company’s grocery stores in Worthington, Ohio in 2006. Gary Gardiner | Getty Images Kroger on Tuesday followed Walmart in asking shoppers not to openly carry guns in any of its stores, in states where “open carry” is allowed, unless
If President Donald Trump wants to keep his strong stock market gains, he may want to stay off Twitter. Days when Trump tweets a lot are associated with negative stock market returns, Bank of America Merrill Lynch said Tuesday in a report. The brokerage’s chief equity strategist, Savita Subramanian, wrote in a note that “since
Lamborghini Sián Source: Lamborghini Ahead of its official Frankfurt Auto show debut, Lamborghini has revealed the Sian, the Italian supercar maker’s first hybrid vehicle. Sian means flash of lightning in the Sant’Agata automaker’s Bolognese Italian dialect — an apt name for a car that’s also the company’s most powerful creation. The Sian’s heart is the
There’s little evidence to suggest that money is being moved out of Hong Kong amid ongoing unrest in the city that has lasted for months, according to two top executives. “I can say to you that we’re seeing very little panic, that we’re seeing very little evidence of flight,” John Woods, Asia Pacific chief investment
Gentle encouragement or financial incentives could result in more people setting aside at least some of their tax refund for emergency savings, a new study suggests. The research shows that among taxpayers who used a prepaid card from H&R Block to receive their 2017 refund, those who were sent messages about saving their refund were
Share to facebook Share to twitter Share to linkedin On our financial coaching line, I spoke with an employee that wanted to retire to spend time with his ailing spouse. She was requiring more and more physical assistance. He also wanted to pursue some travel opportunities while they were both healthy enough to do them.
Whether and how and when you can deduct interest is largely based on how the money you borrowed was spent. The tracing rulings that follow the borrowed proceeds are pretty challenging. Most of us just try to do the best we can. Partnerships Are Different Then there are partnerships that borrow money. They follow the
Perhaps you experienced a bidet while traveling in Europe or Asia, where they’re fairly common. On first glance at your hotel’s bathroom, you might have wondered why there seemed to be a second, mini toilet in the room. (That was my befuddled reaction as a recent college graduate visiting Italy in the early 1980s.) These fixtures
Australia’s vibrant start-up scene has this year opened the door to a wealth of attractive new employment opportunities in industries ranging from security to tech. But it’s in financial services that new businesses are making the greatest waves, according to a new workplace ranking. Financial services disruptors make up six of LinkedIn’s 10 most attractive
A customer browses products at a Walmart store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Walmart’s former U.S. CEO told CNBC on Tuesday that the retailer’s decision to stop selling some ammunition is a “thoughtful” one, but he’s not confident it will reduce gun violence. The biggest retailer in the world
Now is the time to buy risk assets, a Bank of America Merrill Lynch strategist told CNBC on Tuesday. “When investors are this bearish, historically, it’s been a great time to buy risky assets like stocks and commodities,” BofAML global investment strategist Jared Woodard said on “Closing Bell. “ Woodard stressed he was looking at
Bugatti Chiron Source: Bugatti Bugatti became the first car maker to top 300 mph, when a modified version of its hypercar hit 304.77 mph. A Bugatti Chiron, adapted for higher speeds and driven by Andy Wallace, hit the top speed on Volkwagen‘s Ehra-Lessien test track in Germany on Aug. 2. It is the first supercar