TOPLINE While reports of positive data from potential coronavirus treatments have helped propel the market higher in recent months, investors are far too optimistic about a vaccine and stocks shouldn’t be rallying so much on each bit of news, warns Vital Knowledge founder Adam Crisafulli. Markets need to be more “skeptical” about each vaccine announcement.
TOPLINE Although House Democrats passed a massive $1.5 trillion infrastructure proposal earlier this week, the Senate didn’t take it up before the weekend—and the bill is now facing near certain death as both top Republicans and the White House have said they will oppose the legislation. Republicans ridiculed the bill and vowed it would die
Chris McAllister is the Founder of Real Estate Brands Ltd, the franchising entity for ROOST Real Estate Co. and Lucky Town Real Estate Co. Getty The real estate market has never been tighter. I have been licensed for 20 years now, and I have never seen the market more aligned with the interests of sellers and residential
If you’re hoping to score a good deal on a new car during July Fourth sales events, it will be a mixed bag. While manufacturers and dealerships are offering special deals on some models to prop up sales amid the pandemic, inventory is down due to coronavirus-related disruptions in manufacturing. “We’ve seen incentives continue to
The Dallas Mavericks suffered a devastating loss to the Miami Heat in the 2006 NBA Finals, when the Mavericks won the series’ first two games only to their championship hopes slip away after falling to the Heat in four straight games. It was only a few years into Mark Cuban’s ownership of the Mavericks, and
The worst of the U.S. coronavirus outbreak will end by January either with a vaccine or because enough people in the country will have already been infected and have some immunity to it, former Food and Drug Administration Commissioner Dr. Scott Gottlieb told CNBC on Thursday. The restrictions and guidance implemented to curb the spread
The Hong Kong exchange building. Vincent Isore | IP3 | Getty Images Initial public offerings (IPOs) in greater China jumped in the first half of this year, bucking the declines seen elsewhere due to the impact of the coronavirus pandemic. In the first six months, listings in greater China were up 29% and the amount
US President Donald Trump, with Director of the National Economic Council Larry Kudlow (L) and US … [+] Secretary of the Treasury Steven Mnuchin, speaks to the press in the Brady Briefing Room of the White House in Washington, DC, on July 2, 2020. (Photo by JIM WATSON / AFP) (Photo by JIM WATSON/AFP via
Economic Security Planning, Inc. Today’s column addresses questions about when to file for spousal benefits, marrying a working spouse, when the earnings test will no longer reduce benefits and whether filing and suspending might be a good strategy for a particular case. Larry Kotlikoff is a Professor of Economics at Boston University and the founder
2-8a Rutland Gate in Knightsbridge was bought by a Hong Kong investor for $264 million Beauchamp Estates London’s prime housing market is seeing strong interest from Hong Kong and mainland Chinese buyers, with real estate agents reporting above-average levels of investment. London-based estate agency Beauchamp Estates reports that over the past 6 months it has sold
swissmediavision The seemingly endless nationwide pandemic lockdown has resulted in a lot of pent-up travel demand. As the second major long holiday weekend of summer gets underway, people looking to celebrate Independence Day are getting in their cars and campers for road trips — deemed by many a safer bet than air or cruise travel.
Sam Lyon likes a good challenge. And when his new job fell through because of a coronavirus hiring freeze, Lyon wanted to aim high. That’s when Lyon, 26, decided to create what he calls the “Uber Eats Challenge.” The Salem, Oregon, resident committed to doing deliveries for 12 hours per day, every day, for the
From self-guided fall foliage tours to weekends at the lake, booking a secluded cabin is an easy way to avoid crowds this autumn. Cabins today come in every incarnation imaginable, from traditional log designs to modern wonders, and in sizes ranging from palatial estates to one-room shacks located smack in the middle of a pond.
2021 Dodge Durango SRT Hellcat Fiat Chrysler Fiat Chrysler is purifying its Dodge performance brand by increasing the offerings of its muscle cars and Durango SUV, while discontinuing a minivan and crossover for the 2021 model year. The automaker unveiled Thursday a new “Hellcat SRT” model of the 2021 Durango SUV, which it is calling
U.S. and China flags along Pennsylvania Avenue in Washington, D.C. on Jan. 17, 2011. Andrew Harrer | Bloomberg | Getty Images Delisting Chinese companies from U.S. stock exchanges is “a pointless drive” that will neither deny those firms access to American capital markets nor hurt China’s growth, according to a report by think tank Peterson Institute for
What’s important for your retirement? Getty As you’re planning for retirement, when you stop and think about it, you’re planning for a 20- to 30-year period of your life. It’s a task to take seriously, and it’s not a good idea to wing it. As you approach retirement, it’s important to think about the life
Getty As we head into the July Fourth weekend, the Paycheck Protection Program Extension Act is on its way to President Trump’s desk for signature. This Act will extend the time small businesses and self-employed individuals have to file an application for a PPP loan to August 8, 2020. However, while Congress congratulates itself on this
Craig Conover brings Sewing Down South to HSN. HSN Craig Conover might be best known for the hit Bravo reality show Southern Charm, but pillows are making him a household name. The handsome bachelor is probably the last person most would image has a natural eye for home décor, but he proved everyone wrong when
Sometimes, it comes as a surprise to older folks that Medicare is not free. Depending on the specifics of your coverage and how often you use the health-care system, your out-of-pocket costs could reach well into six-figure territory over the course of your retirement, according to a recent report from the Employee Benefit Research Institute.
Ranking member Sen. Bob Menendez, D-N.J., arrives for the Senate Foreign Relations Committee hearing on Thursday, June 20, 2019. Bill Clark | CQ Roll Call | Getty Images Sens. Bob Menendez, D-N.J., and Kevin Cramer, R-N.D., have introduced a bill prohibiting retailers from declining cash payments from customers, as businesses promote “contactless” digital payment as they