Jamie Grill | Getty Images If you’ve nearly drained your savings due to the coronavirus pandemic but have a retirement account, it’s now easier than ever to draw it down. While taking money out of such an account before retiring is generally something financial advisors say to avoid, it may make sense for those who
CHICAGO, ILLINOIS – APRIL 16: Chicago mayor Lori Lightfoot arrives at Wrigley Field on April 16, … [+] 2020 in Chicago Illinois. Wrigley Field has been converted to a temporary satellite food packing and distribution center in cooperation with the Lakeville Food Pantry to support ongoing relief efforts underway in the city as a result
Suburban Women Against Trump, or The S.W.A.T Team’s Shira Tarantino is seen campaigning against the … [+] president’s courting of female voters in the suburbs on October 15, 2020 in Stamford, Connecticut. – Donald Trump says suburba (Photo by TIMOTHY A. CLARY / AFP) (Photo by TIMOTHY A. CLARY/AFP via Getty Images) AFP via Getty
Toni Morrison, American writer, novelist, editor, Italy, September 2012. (Photo by Leonardo … [+] Cendamo/Getty Images) Getty Images The last home of Nobel prizewinning author Toni Morrison has come on the market for $4.75 million. Located in Tribeca’s landmark Textile Building, the condo is a corner unit with a modern feel despite the building dating
A view of the Regal Loews Cinemas movie theater in Times Square in New York City. Noam Galai | Getty Images Two weeks after Cineworld closed more than 500 Regal Cinemas in the U.S., the second-largest movie theater chain is reopening 11 locations in New York state. The move comes days after Gov. Andrew Cuomo
Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China, January 7, 2019. Aly Song | Reuters Elon Musk’s electric car and renewable energy company, Tesla, reports third-quarter results after the bell on Wednesday. Here’s what Wall Street analysts are expecting, per an average of analyst estimates compiled by Refinitiv: Earnings
Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Netflix — The entertainment stock sank 6.5% after missing Wall Street expectations for third-quarter earnings and subscriber additions. Netflix added 2.2 million subscribers globally
Sara Blakely built Spanx into a billion-dollar brand having no background in design, business or manufacturing. She launched the company in 1998 with just $5,000 she had saved from selling fax machines door to door. But beyond just seed money, Blakely says that job provided something else important for her and for Spanx: Working in
Whatever the outcome, the November presidential election promises to bring a period of uncertainty and volatility to the markets. However, equities are still your best long-term bet, two experts said on Tuesday at the CNBC Financial Advisor Summit, a day-long virtual conference for financial advisors. After hitting fresh highs even during the Covid-19 crisis, stocks
Getty Images It’s no secret that many people worry whether Social Security will be there for them when they retire. And recent headlines could be stoking those fears. Last week, the Social Security Administration announced the annual cost-of-living adjustment will be 1.3% in 2021. The change will amount to just $20 more per month for
People receive food at a distribution site during the coronavirus pandemic. Spencer Platt | Getty Images News | Getty Images Alaska and New Jersey Delays in $300 unemployment Delays are largely attributable to sluggish state administration, which has been hampered by antiquated, decades-old technology and an elevated level of jobless claims. More than 25 million
This combination of pictures created on September 29, 2020 shows US President Donald Trump (L) and Democratic Presidential candidate former Vice President Joe Biden squaring off during the first presidential debate at the Case Western Reserve University and Cleveland Clinic in Cleveland, Ohio on September 29, 2020. Getty Images For business tax expert Tony Nitti,
As a consultant to families with aging parents, I hear a lot about abuse of elders, particularly by family members. There are the “good son, bad son” stories and their counterparts of “good sister, bad sister” scenarios. In most cases, an adult child of an elder sees or hears about suspicious financial moves by someone
If you are follow my writings, you’ll know that I often write about matters of personal finance using my company’s economics-based, personal financial planning software. What you may not know is that, together with UC Berkeley economist, Alan Auerbach, and other economists in academe, the Federal Reserve Bank of Altanta, my graduate students, and my
Custom made to order furniture is more accessible than ever. Emery Bastable/Society Social 2020 has been a year of collective realization about the importance of our living spaces and interior design. Not only are we all spending more time at home, but most of us are renovating, redesigning, and refreshing our spaces to fit the
Patrick Brown, founder and CEO of Impossible Foods discusses building a business around removing animals from the human food chain during the TechCrunch Disrupt forum in San Francisco, October 2, 2019. Kate Munsch | Reuters Impossible Foods’ next big innovation could be dairy-free milk that looks, acts and tastes just like cow’s milk. The prototype
In this screengrab, Evan Spiegel, CEO of Snap, Inc., takes the stage at the virtual Snap Partner Summit 2020. Getty Images Snap said it’s seeing positive momentum in the ad market, including in the brand advertising segment that struggled in the early days of the the coronavirus pandemic. The company also said that Q3 results were
Check out the companies making headlines after hours Tuesday. Netflix — shares slipped more than 6% after the company missed estimates for the third quarter. The streaming giant earned $1.74 per share compared with the $2.14 expected by analysts polled by Refinitiv. Revenue came in at $6.44 billion, which was ahead of the $6.38 billion
US President Donald Trump and Democratic presidential candidate and former US Vice President Joe Biden are seen during the first presidential debate on a YouTube video displayed on a screen of a smartphone. United States presidential election scheduled on November 3, 2020. Pavlo Conchar | LightRocket | Getty Images Don’t let the bitterness of the
JPMorgan’s Business Complete Banking service Source: JP Morgan JPMorgan Chase is making a play to sell more services to millions of American small business owners, pushing into an area pioneered by fintech firms including Square, PayPal and First Data, CNBC has learned. The bank is rolling out a checking account that is paired with a