Scott Eells | Bloomberg | Getty Images Zillow on Wednesday reported a surge in quarterly revenue and a smaller-than-expected loss as more people used its real estate website to buy and sell homes, sending its shares up 10% in trading after the bell. Revenue from the company’s home unit, which accounts for more than half
A contractor prepares a sliding door for a home under construction at the Toll Brothers Inc. Enclave at Rye Brook housing development in Rye Brook, New York Michael Nagle | Bloomberg | Getty Images Owning a home has long been the individual investor’s opportunity to hold real estate. But the American millennial population is waiting
Apple Inc. CEO Tim Cook attends China Development Forum (CDF) 2018 at the Diaoyutai State Guesthouse on March 24, 2018 in Beijing, China. China Development Forum (CDF) 2018 is hosted by the Development Research Center of the State Council of China on March 24-26 in Beijing. Visual China Group | Getty Images The coronavirus continues
Payday Loan Store (Photo by Interim Archives/Getty Images) Interim Archives You’ll find the words in Utah’s constitution: “No imprisonment for debt.” And yet more than 3,000 people in the state were served arrest warrants arising from an unpaid loan between September 2017 and September 2018, according to a new report on payday loans by the
Tourists wearing protective masks walk past the Colosseum, after two cases of coronavirus were confirmed in Italy, in Rome, January 31, 2020. Remo Casilli | Reuters Localized outbreaks of the new coronavirus outside of China are fueling concerns among infectious disease experts and scientists that the virus is spreading too quickly and may be past
Boston Beer Company co-founder Jim Koch defended its heavy investment in hard seltzer Thursday as shares fell after weak guidance and a per-share earnings miss. “Sometimes growth, it’s not cheap, particularly in something capital-intensive like beer,” Koch said on “Closing Bell.“ Hard seltzer, in particular, demands significant investment because “it’s the biggest thing that’s come
Warren Buffett Gerard Miller | CNBC Warren Buffett thinks stocks are the place to be invested in for the long haul if interest rates and corporate taxes remain near current levlels. “If something close to current rates should prevail over the coming decades and if corporate tax rates also remain near the low level businesses
As the energy industry faces a time of reckoning — pressured by consistently low oil prices, high operating costs and a growing sustainable investing movement — oil and gas companies are increasingly turning to Silicon Valley for help streamlining operations and boosting efficiencies. By some estimates, the addressable market for digital oil and gas solutions
Sally Anscombe Don’t bet the house on a proposed tax incentive from the White House for investing — at least not yet. As campaigning around the 2020 presidential election heats up, President Donald Trump is weighing a round of tax ideas, including a plan to encourage American households to invest in the stock market. One
An interview and Q&A with billionaire real estate investor and CEO of Brookfield Asset Management, Bruce Flatt. In this interview, Bruce discusses his approach and guiding principles to investing in real estate. Bruce also talks about how a small investor should invest in real estate and where there is opportunity. Like if you enjoyed Subscribe
Image of the 1:10 Hot Wheels R/C Tesla Cybertruck by Mattel. Mattel Image of the 1:10 Hot Wheels R/C Tesla Cybertruck by Mattel. The 1:64 scale model, around 3 inches long, is the same size as a traditional Hot Wheels car, so it can be used with any of Mattel’s car tracks, the toymaker said.
Dropbox shares rose as much as 16% in extended trading on Thursday after the company reported better-than-expected fourth-quarter results. The stock exceeded the $21 price at which it sold shares in its initial public offering in 2018. It had not closed above $21 since September. Here’s how the company did: Earnings: 16 cents per share,
Tesla CEO Elon Musk unveils the Cybertruck at the TeslaDesign Studio in Hawthorne, Calif. The cracked window glass occurred during a demonstration on the strength of the glass. Robert Hanashiro | USA TODAY | Reuters Small investors are flocking to high-flying growth stocks after the brokerage industry made trading free. In the months since major
James Gorman, chairman and chief executive officer of Morgan Stanley. Michael Nagle | Bloomberg | Getty Images Morgan Stanley, the tony investment bank for rich Americans and corporations, is making a play for the masses with its $13 billion takeover of discount brokerage pioneer E-Trade. The move, announced early Thursday, is the biggest takeover by
Millions of households that hustled to get their tax returns to the IRS early could be waiting until March for their refunds. If you’re claiming the additional child tax credit or the earned income tax credit, the IRS cannot issue your refund before mid-February. An anti-fraud law requires the agency to use that additional time
Maskot Bildbyrå | Getty Images Suddenly your side hustle is more than just pocket change. You could be looking at a new phase of your business, says Kurt Wiegert, a certified financial planner and president of Towson Wealth Management in Towson, Maryland. The trees are everywhere, yet sometimes you can’t see the big-picture forest. For
An interview with billionaire investor and founder of Duquesne Capital, Stanley Druckenmiller. In this interview, Stanley discusses how he invests in multiple markets and describes the indicators he uses to analyse markets. Stanley also talks about the use of algorithms, Populism and China. 📚 Books on Stanley Druckenmiller’s investing technique are located at the bottom
A health worker sprays disinfectant inside a Vietnam Airlines airplane to protect from the recent coronavirus outbreak, at Noi Bai airport in Hanoi, Vietnam February 21, 2020. Kham | Reuters Airlines have canceled more than 200,000 flights as the coronavirus continues to spread, prompting travel restrictions and a sharp drop in demand for trips to
A Deere & Co. John Deere 9560 combine harvester unloads soft red winter (SRW) wheat during a harvest in the village of Kirkland in Dekalb, Illinois, July 9, 2018. Daniel Acker | Bloomberg | Getty Images Shares of Deere spiked Friday morning after the agriculture company topped estimates for its fiscal first quarter and said
Wells Fargo will pay $3 billion in criminal and civil settlements with the Justice Department and the Securities and Exchange Commission over its fraudulent fake-account scandal, the U.S. Attorney’s Office said Friday. “This case illustrates a complete failure of leadership at multiple levels within the bank,” said U.S. Attorney Nick Hanna. “Simply put, Wells Fargo