Peathegee Inc Homeowners in New Jersey are getting a little bit of breathing room on their property taxes. Gov. Phil Murphy signed an executive order permitting municipalities to shift the property tax payment deadline from May 1 to June 1. The Garden State is home to the highest levies on property in the nation, with
A member of a ground crew walks past American Airlines planes parked at the gate during the coronavirus disease (COVID-19) outbreak at Ronald Reagan National Airport in Washington, April 5, 2020. Joshua Roberts | Reuters American Airlines lost more than $2.2 billion in the first three months of the year — its biggest quarterly loss since
McDonalds and other local stores remain shuttered due to COVID-19 at Times Square on April 13, 2020 in New York, NY. Eduardo Munoz | Getty Images McDonald’s is expected to report earnings before the bell Thursday. Wall Street is anticipating earnings per share of $1.57 on revenue of $4.65 billion, based on a survey of
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter reported quarterly profit of 11 cents per share, a penny a share above estimates. Revenue and the number of monetizable daily active users beating forecasts as well. Twitter is not giving any guidance for the current quarter or the
Online books are having a moment. They are the highest-ranked category in year-over-year e-commerce growth, surging 295%. Phil Town, an author whose investing books have been best sellers, is also a big reader of iconic investors who have displayed a penchant for writing. Here are the five market giants Town recommends for reading material if you want
A United Parcel Service worker delivers packages on April 29, 2020 in New York City. Stephanie Keith | Getty Images Half of the S&P 500 companies have reported earnings for the first quarter and this has been the strangest earnings season imaginable. Consider: Global activity has ground to a halt in some sectors, but
Ariel Investments co-CEO and president Mellody Hobson speaks at the 2017 Fortune Most Powerful Women Summit in Washington, D.C. Paul Morigi | Getty Images Entertainment | Getty Images Investment expert Mellody Hobson is a firm believer in teaching kids about investing. She’d like it taught at every school in America — even at a young
Phynart Studio Prior to the Covid-19 pandemic, an astounding 53% of the American population felt anxious about personal finances. Undoubtedly, that percentage has grown significantly, with more than 26 million Americans becoming unemployed since then. The statistics are alarming, but it is not time to panic — it’s time to plan. Although many financial plans
In this Friday, April 24, 2020 photo provide by the Alfred Wegener Insitute shows the German Arctic research vessel Polarstern in the ice next to a research camp in the Arctic region. Manuel Ernst | Alfred-Wegner-Institut | AP From delaying Arctic expeditions to canceling climate summits, the coronavirus pandemic is hindering global climate change progress and
Sundar Pichai, Alphabet CEO. David Paul Morris | Bloomberg | Getty Images Shares of Alphabet climbed 8% during premarket trading Wednesday after the company reported earnings that beat revenue expectations, easing investors’ fears about the pandemic’s impact on advertising. The stock move is set to add over $70 billion to its market cap, bringing it
Market researcher James Bianco warns April’s big run will collapse. His reason: Investors are too bullish. “I understand the market has been up a lot since the March low. But what I see in the market is a retracement rally that looks very similar to the first type of rallies that you get in protracted
Personal finance expert Suze Orman wants Wendy Gonzalez to think bigger when it comes to her money goals. The Los Angeles-based millennial earns $80,000 a year working as a logistics supervisor for an auto tech company and eventually wants to make $95,000. “Why limit yourself to $95,000 a year?” Orman asks, reacting to CNBC Make
Hedge fund manager Kyle Bass told CNBC on Tuesday that he didn’t anticipate the stock market to recover as significantly as it has from its coronavirus-driven lows in March. “I’m surprised at the size of the bounce when you look at our economy and the fact that we have … 20% unemployment, and in the
SDI Productions Now more than ever, it may pay for students to negotiate with colleges for more money towards tuition. The coronavirus pandemic has left many American families facing financial hardship. However, colleges are also concerned about their fall enrollment, which is likely to drop. Most have already extended decision day for incoming freshmen to
President Donald Trump said he wants the Food and Drug Administration to move “as quickly as they can” to approve Gilead Sciences’ antiviral drug remdesivir as a treatment for the coronavirus. “We would like to see very quick approvals, especially with things that work,” he said at a roundtable at the White House with business executives
Fed Ex change of hours and Social Distancing signage due to the COVID-19 coronavirus pandemic on March 22, 2020 in New York City. Bill Tompkins | Getty Images FedEx, citing the devastating impact of Covid-19, requested that its rent be cut in half at some FedEx Office locations for three months, a move sharply criticized
In this photo illustration the American biotechnology company Gilead Sciences logo seen displayed on a smartphone with a computer model of the COVID-19 coronavirus on the background. Budrul Chukrut | SOPA Images | Getty Images The Food and Drug Administration has been in “sustained and ongoing” discussions with Gilead Sciences to make antiviral drug remdesivir
A Prime Air cargo plane, operated by Amazon.com Inc., sits on display with other passenger jets during the 53rd International Paris Air Show at Le Bourget, in Paris, France. Jason Alden | Bloomberg | Getty Images As millions of would-be travelers stay home because of the coronavirus pandemic, one airline has found an eager customer: Amazon.
Steve Mollenkopf, chief executive officer of Qualcomm Inc. Patrick T. Fallon | Bloomberg | Getty Images Qualcomm reported second-quarter earnings after the bell on Wednesday. The stock was up more than 3% after hours, in addition to a nearly 5% rise during trading on Wednesday. Here’s how it did: EPS: $0.88 Revenue: $5.21 billion Wall
Facebook shares rose as much as 10% in after-hours trading on Wednesday after the company announced its first-quarter results. Earnings (EPS): $1.71 Revenue: $17.74 billion Daily active users (DAUs): 1.73 billion Monthly active users (MAUs): 2.6 billion Average revenue per user (ARPU): $6.95 Analysts surveyed by Refinitiv expect $1.75 in earnings per share and $17.41