The European Commission on Tuesday released its much-anticipated list of countries whose residents will be permitted to travel into the EU starting tomorrow. Who’s in? Residents of Algeria, Australia, Canada, Georgia, Japan, Montenegro, Morocco, New Zealand, Rwanda, Serbia, South Korea, Thailand, Tunisia and Uruguay. If China reopens its borders to EU residents, it will also
A worker cleans the floor in a McDonald’s restaurant in the Chicago Loop on March 19, 2020 in Chicago, Illinois. Scott Olson | Getty Images McDonald’s is pausing its U.S. reopening plans for 21 days as coronavirus cases spike across the country. States like Michigan, Colorado and Florida have been responding to the recent surge
Michael Kors shop in Covent Garden. Dave Rushen | SOPA Images | Getty Images Michael Kors owner Capri Holdings on Wednesday estimated a bigger-than-feared 70% slump in first-quarter sales as the Covid-19 pandemic hammers demand for its luxury handbags and dresses. The closing of major shopping hubs in Europe, Asia and North America had a
Market bull John Stoltzfus sees ways to make profits in the year’s second half, but it won’t come easy. The Oppenheimer Asset Management chief investment strategist warns the wild swings won’t subside anytime soon due to how traders and nervous investors are reacting to headline risks. “They’re waiting for some catalyst to cross the tape
Months ago when the virus took hold it looked as if marriage rates might tank – continuing a 100 year low. After all, a lot of couples were postponing big weddings. As it turns out, though, in a number of counties more people applied for marriage licenses than in years past. Couples are now exchanging
NIXVILLE, SC – APRIL 13: A man walks in front of a home destroyed by a tornado on April 13, 2020 … [+] near Nixville, South Carolina. A string of storms across the southern United States that began Easter Sunday and continued into today produced multiple tornados resulting in more than 30 deaths and dozens
Nate Baker is the Co-Founder and CEO of Qualia, a digital real estate closing platform. Getty In today’s world, you can buy almost anything on your phone and have it delivered to you. And with the Covid-19 pandemic forcing the world toward contactless interactions, online shopping has become a fundamental part of daily life. But even
Pedestrians in Washington pass a “We Are Open” restaurant sign during the Covid-19 outbreak on May 12. Jonathan Ernst | Reuters When it comes to the next coronavirus stimulus package and providing more direct financial aid, the question on most Americans’ lips is, “Will they or won’t they?” One political analyst predicts it’s likely lawmakers
US President Donald Trump poses with Sheldon Adelson (L) and his wife Miriam Adelson ahead of his sddress ro the Israeli American Council National Summit 2019 at the Diplomat Beach Resort in Hollywood, Florida on December 7, 2019. Mandel Ngan | AFP | Getty Images America’s billionaires are now spending 20 times more on political
A passenger looks at his phone while waiting aboard a United Airlines plane before taking off from George Bush Intercontinental Airport on May 11, 2020 in Houston, Texas. Justin Sullivan | Getty Images United Airlines on Wednesday dismissed the notion that blocking some seats on board would keep passengers safer from Covid-19, as policies among U.S.
A person looks into a closed Macy’s Inc. department store near Union Square in San Francisco, California, U.S., on Thursday, June 18, 2020. Michael Short | Bloomberg | Getty Images The road to recovery at Macy’s is likely going to be a rocky one because of the coronavirus pandemic. The retailer warned Wednesday that sales are falling
Take a look at some of the biggest movers in the premarket: Macy’s (M) – The retailer reported a first-quarter loss of $2.03 per share, with the loss and its revenue matching the numbers it gave in a preliminary report on June 9. Macy’s is expecting the pandemic to impact the U.S. economy for the
TOPLINE Despite a surge in coronavirus cases across the country, the market opened higher on Wednesday, the first day of the third quarter, after stocks got a boost from positive coronavirus vaccine news and strong jobs data. Stocks moved higher to start the third quarter. Angela Weiss/AFP via Getty Images KEY FACTS The Dow Jones
The President’s disaster declaration opens a window to unusual tax claims Eyeing losses Getty Are you reporting net capital gains on the 2019 tax return you’re about to file? Have you already taken, or could you take, losses this year on bad stocks? Then you should visit your accountant for another look at Section 165(i)
This has been a period like no other in the past century. We will have to wait through the third … [+] quarter to see its actual ongoing impact on residential, retail, and commercial prices, but one thing seems certain. How we use the built spaces around us will never be quite the same again.
Joseph Wardenaar was an executive chef in Portland before the coronavirus hit. Now he’s pursuing a career in computer programming. Source: Joseph Wardenaar Before the coronavirus crisis, Joseph Wardenaar was a successful chef in Portland, Oregon. At 36, he had worked his way up from line cook to executive chef at Irving Street Kitchen. Then,
1. Dow set to drop after best quarter in over 3 decades Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2020. Lucas Jackson | Reuters Dow futures were pointing to about a 200 point decline at Wednesday’s open as the third quarter on Wall Street begins
The wealthy are preparing for tax increases, working with their accountants to give away money or shift their income to avoid some of the impact of higher rates. With rising deficits at both the state and federal level, as government spending soars and revenue drops from the Covid-19 crisis, taxes are likely to go up
A traveler wearing a protective mask walks through Ronald Reagan National Airport (DCA) in Arlington, Virginia, U.S., on Tuesday, June 9, 2020. Andrew Harrer | Bloomberg | Getty Images Checking temperatures at airports might not be the best way to weed out travelers with Covid-19, the head of the Transportation Security Administration said Tuesday. TSA
A foundation led by Army combat veteran and best-selling author Wes Moore is launching a new fund dedicated to financing nonprofit organizations that are solely run by people of color. The new Robin Hood initiative, titled the “Power Fund,” is looking to back these groups in the wake of the coronavirus pandemic and nationwide protests