The Gramercy, built in 1883, is one of the finest residential buildings in Manhattan. Yale Wagner for Sotheby’s International Realty Combining four different apartments on three floors created this 4,950 square foot home in one of Manhattan’s legendary buildings. Home to Jimmy Fallon and his wife Nancy Juvonen, it has just gone on the market
Patrons Sari and Peter Melendez enjoy lunch at Katz’s Delicatessen, the famous deli founded in 1888, on the first day of the return to indoor dining for New York City, during the coronavirus disease (COVID-19) pandemic, in New York, February 12, 2021. Brendan McDermid | Reuters Easing mask mandates and reopening restaurants have led to
A logo of a Virgin Galactic is seen outside the building during the company’s first day of trading on the New York Stock Exchange (NYSE) on October 28, 2019 in New York City. JOHANNES EISELE | AFP | Getty Images Check out the companies making headlines in midday trading. Virgin Galactic – The space company’s shares
Although many remain wary of the cryptocurrency, bitcoin has garnered a wave of support in recent months – in February alone, fintech company Square and enterprise software company MicroStrategy bought large sums of additional bitcoin to add to their existing portfolios, while electric car company Tesla added billions of dollars worth of the coin to
A Model X is on display at a Tesla showroom on February 13, 2021 in Beijing, China. VCG | Visual China Group | Getty Images What’s behind the drop in tech stocks? A model Wall Street uses to value stocks is flashing caution. Tech stocks are in a correction. The Nasdaq 100, the largest 100
Volunteers load shopping bags with food assistance for laid off workers at a food distribution event on Dec. 12, 2020 in Orlando, Florida. Paul Hennessy/NurPhoto via Getty Images Democrats are poised to send more unemployment benefits to laid-off workers. Meanwhile, some workers are still waiting on the last tranche, authorized months ago. A $900 billion
The latest Covid relief bill just blew some minds. getty Congress just put another twist in the never-ending saga that is the 2021 filing season. Democrats are considering a deal to reduce the federal supplemental unemployment benefits in the next Covid relief bill from $400 to $300 per week in return for a slightly longer
JGI/Tom Grill | Tetra images | Getty Images Self-employed and gig workers who have been waiting for new rules that would mean larger forgivable loans through the Paycheck Protection Program can now move forward with their applications. As of Friday, the Small Business Administration is ready to accept and process updated PPP applications from sole
Federal Reserve Chairman Jerome Powell stated this week that he does not plan on taking any action to reverse the recent course of accommodative monetary policy until inflation rises to a significant and sustained level. He said that although he does anticipate inflation rising as the economy opens up, he views this as a short
Founder and CEO of Rentec Direct, property management software for real estate professionals. getty While most of us were more than ready to bid adieu to 2020, there’s still a fair amount of uncertainty as we dive into 2021. While we can see the proverbial light at the end of the tunnel, there are still many
Prepared syringes at the Brussels Expo Covid-19 Vaccination Center in Brussels, Belgium, on Friday, March 5, 2021. Bloomberg | Bloomberg | Getty Images LONDON — Europe’s coronavirus vaccine rollout has been thrust into the spotlight once again after the Italian government blocked a shipment of Oxford-AstraZeneca vaccines to Australia. The EU has struggled to distribute
A man walks past a store on January 12, 2021 in New York City. Angela Weiss | AFP | Getty Images Gap Inc. on Thursday predicted a bounce back to sales growth in 2021, hopeful that customers will soon return to its stores and spend more money on apparel as they look to resume some
LONDON — Special purpose acquisition companies, or SPACs, are showing signs of “froth” in the U.S. — and that doesn’t bode well for investors, the boss of London’s stock exchange warned Friday. “There has been some recognition of the froth in the U.S. market,” London Stock Exchange Group (LSEG) CEO David Schwimmer told CNBC’s “Squawk
As department stores like Saks Fifth Avenue try to get shoppers back into stores after the Covid-19 pandemic shutdowns, the shift to online sales may continue to accelerate thanks to personalization technology. Richard Lautens | Toronto Star | Getty Images HBC, the owner of Saks Fifth Avenue, said Friday it would be spinning the luxury
Virgin Galactic leaders in front of the New York Stock Exchange, from left: CEO George Whitesides, founder Richard Branson and Chairman Chamath Palihapitiya. Virgin Galactic Billionaire investor Chamath Palihapitiya, the chairman of Virgin Galactic who took the company public through a SPAC deal in 2019, sold his remaining personal stake earlier this week, a securities
Tetra Images | Tetra images | Getty Images It would be normal to want to spend a minimal amount of time planning for your own death. Yet there’s a key aspect of creating an estate plan that experts say you shouldn’t gloss over. For instance, choosing who would carry out the wishes outlined in your
KATWIJK, NETHERLANDS – FEBRUARY 20: Cryptocurrency and other currency and capital assets Getty Images The IRS really wants to know about your cryptocurrency. For tax year 2020 the IRS moved the cryptocurrency question from Schedule 1 of the Form 1040, where it was in 2019, to the much more prominent position of Page 1 of
Student Loans getty The new Interim Final Rule issued by the SBA on March 3, 2021, reverses the prior rules by indicating that independent contractors and employers who were otherwise eligible to receive PPP loans may do so regardless of whether the borrower or a 20% or more owner is in default under Federal Student
Willow Beach was custom built long the shores of Lake Austin. JP Morales A highly acclaimed lakefront estate in Austin, Texas has set a milestone for the most expensive residential real estate sale in the capital city. Built along the shores of Lake Austin, part of the Colorado River, the contemporary compound was listed for $38.9
Louis Conforti, CEO of the Washington Prime Group, on CNBC’s Mad Money. Source: CNBC The U.S. shopping mall owner Washington Prime Group is preparing to potentially file for Chapter 11 bankruptcy protection, with time running thin before the company defaults after it skipped an interest payment on its debt, Bloomberg reported Thursday. Last month, Washington