Colorox brand toilet bowl cleaner sits on display at a supermarket in Princeton, Ill. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines midday Monday: SolarEdge Technologies – Shares of the solar-equipment maker jumped more than 4% ahead of the company’s third-quarter results, which will be released after the bell. Research
There’s a famous line from legendary football coach Vince Lombardi that goes, “Winners never quit, and quitters never win.” But as a former professional poker player who has won more than $4 million in poker tournaments, I’ve found that during times of high uncertainty, the opposite may be closer to the truth. Quitters often win, and
The global governmental response to the coronavirus pandemic has been rife with shortcomings that have prolonged the acute phase of the health crisis, “Black Swan” author Nassim Taleb told CNBC on Monday. “I think this is a case study of government worldwide incompetence in dealing with a problem and denial,” said Taleb, whose best-selling 2007
RyanJLane | E+ | Getty Images Small businesses that took a forgivable loan this year — as well as their banks — can’t wait to have the balance wiped out, but tax professionals are telling them to slow down. The CARES Act, which went into effect this spring, established the Paycheck Protection Program, an emergency
By Nancy Collamer, Next Avenue Getty Between Covid-19, record-high unemployment numbers and the collapse of entire industry sectors, 2020 has been a miserable year for older workers. In fact, for the first time in nearly 50 years, older workers face higher unemployment than mid-career workers, according to The New School Retirement Equity Lab. And a
Much of the commentary on the VAT and Customs Duty implications of Brexit relates to the movement of goods between the UK and European Union (EU) and vice versa. It is worth noting that there are also potential VAT changes to consider for businesses that provide services rather than goods. Brexit concept Getty Images/iStockphoto Where
Several things are now pretty clear. First, the recession will last well into 2021. Even though retail spending has bounced back from a 20 percent drop, jobs haven’t. More government spending will help the 10 million people who have not regained their job, but it can’t give them a new one. As long as COVID
CoolSprings Galleria Mall, Franklin, TN Source: CBL Properties Mall owner CBL & Associates filed for Chapter 11 bankruptcy protection late Sunday, after its business was pressured by the coronavirus pandemic, highlighting the stresses the retail real estate industry is facing. CBL’s filing came shortly after Pennsylvania Real Estate Investment Trust, the largest mall owner in
Take a look at some of the biggest movers in the premarket: Clorox (CLX) – The household products maker reported quarterly earnings of $3.22 per share, compared to a consensus estimate of $2.32 a share. Revenue also topped forecasts, as Clorox continued to benefit from purchases by homebound consumers amid the pandemic. Clorox also raised
How is Wall Street positioned for the election? Even Wall Street isn’t sure. For most of October, “buy the stimulus trade” was the main idea on Wall Street. After all, polls showed odds were good for a Biden victory that would likely entail some kind of large-scale stimulus. Investors were buying small-cap stocks, infrastructure plays, and
andresr | E+ | Getty Images Covid-19 has disrupted tax and retirement planning for small-business owners, especially those who focused on saving their businesses from the pandemic’s fallout earlier this year. With some hard work, however, there is still time to get back on track by Dec. 31. Here’s a great example. After his business
By John Endris, Next Avenue getty (Transitioning from someone who creates art to someone who sells his or her art for profit can be difficult. As David Deeds, Schulze Professor of Entrepreneurship at University of St. Thomas, wrote in “To Turn Your Art Into a Business, Learn to Manage Your Time,” you may want to
Four money moves you should prioritize before the end of 2020. getty The end of the year is a busy time for most people. Unfortunately, it is usually also the last opportunity to make financial moves that will count towards the current year. If you’ve been slow to tackle your financial to-do list this year,
Chris is Founder and Chief Executive at Radius Realty, a top 10 real estate company with a technology-first approach. getty As of 2018, 52 million people in the United States were aged 65 and older. By 2034, this population is expected to, for the first time in American history, outnumber the 18-and-under population. The rising number
Anchiy | E+ | Getty Images If you’re signing up for next year’s workplace benefits, now is the best time to develop a strategy for increasing your savings. Benefits season also happens to coincide with the annual IRS release of the 2021 maximum contribution limits for certain tax-advantaged accounts, including your 401(k) plan, individual retirement
U.S. President Donald Trump addresses supporters at a campaign rally outside Raymond James Stadium on October 29, 2020 in Tampa, Florida. Paul Hennessey | NurPhoto | Getty Images President Donald Trump‘s campaign rallies led to more than 30,000 coronavirus cases, according to a new paper posted by researchers at Stanford. Researchers looked at 18 Trump
A man walks near the New York Stock Exchange (NYSE) on August 31, 2020 at Wall Street in New York City. Angela Weiss | AFP | Getty Images Stock futures were flat in overnight trading on Sunday as the market tried to rebound from its worst week since March. The move came as England adopted
If you’re 55 or over, your retirement may be more uncertain than ever before. Despite that more people than ever are retiring early in the face of an ongoing pandemic, uncertain economy and record low interest rates. 2020 has brought unprecedented change getty A recent report released by the Retirement Equity Lab at The New
California’s 13.3% tax rate is enough to make almost anyone sick, including rock stars. Kiss rocker Gene Simmons announced he wanted to leave California for tax-free Washington state, putting his $22 million Beverly Hills California estate on the market. The listing of his palatial one-of-a-kind 16,000 square-foot mansion says it has a 40-foot foyer, parking for
Nestled among a lush mangrove preserve, this is one of two private-beach estates on Tahiti Beach … [+] Island. Courtesy of The Carroll Group Mansions this close to the beach resemble a mirage—like some hallucinatory paradise castaways hope to wash upon after a shipwreck. But this fantasy is real, a tropical dream house listed for