Share to facebook Share to twitter Share to linkedin An anti-government protester stands guard at a burning barricade in Santiago, Chile. Rodrigo Abd/ASSOCIATED PRESS Topline: Many of the mass protests happening around the world were sparked by anger over the economy—especially rising inequality and high costs of living—and then quickly evolved into larger, more potent
An aerial view of the downtown skyline of Dallas, Texas in 2019 Getty Reforestation is underway in Dallas parks with the replanting of trees lost from severe weather earlier this year. An unprecedented 700 trees were lost in parks alone. The devastation to the city’s mature trees is estimated to amount to 15,600 caliper inches
A U.S. Postal Service (U.S.P.S.) worker unpacks packages from a truck on December 02, 2019 in San Francisco, California. Cyber Monday shoppers are on track to spend a record $9.4 billion on online purchases, a nearly 19 percent jump from one year ago, following strong Black Friday sales purchases of $7.2 billion. Justin Sullivan |
Check out the companies making headlines before the bell: Lands’ End (LE) – The apparel retailer reported third-quarter earnings of 11 cents per share, 2 cents a share above estimates. Revenue came in below forecasts, but comparable-store sales posted an unexpected increase. Lands’ End also gave a better-than-expected current-quarter earnings outlook. AK Steel (AKS) –
Lululemon is beginning to look like Nike, Cowen said on Tuesday as it raised its price target on the stock to $250. The firm said Nike’s valuation provides a map for Lululemon’s future, and that when applying Nike’s multiple to Lululemon’s financial metrics and growth opportunities, there’s a path toward a $40 billion market cap,
Charitable donations generally kick into high gear on “Giving Tuesday,” a single day specifically focused on charity in the shopping-heavy week after Thanksgiving. Since its start, the #GivingTuesday effort has raised more than $1 billion online in the U.S. alone. And yet, the new tax law has taken its toll. In terms of total dollars,
Getty Traditional defined benefit (DB) plans make it easy for participants by specifying the monthly lifetime stream of income that retirees will receive. Unfortunately, as these pension-style programs become less-common, individuals increasingly rely on employer-sponsored defined contribution (DC) plans. This shifts the responsibility for making complex savings and investment decisions to workers and retirees. To
A golden egg in a line of white eggs. Getty My parents’ generation believed that “a rising tide lifts all boats,” a clever metaphor for the idea that everyone’s economic situation will improve when times are good. It’s the kind of statement baby boomers repeat, ad nauseam. And it’s the kind of quaint notion that
If you leave California, can the state say you really didn’t and keep taxing you? Yes, and it happens more than you might think. California taxes have always been high, and for that reason, many people do their best to try to avoid paying them. This is especially true for someone expecting a big spike
Isabel Pavia | Moment | Getty Images Derived from the Swedish term “flygskam” where the movement originated, “flight shame” is having a notable effect on the way people think about traveling. The concept aims to get people to stop traveling by plane in order to lower carbon emissions and has gained momentum thanks to environmental
Rob Bernshteyn, CEO, Coupa Software Scott Mlyn | CNBC Check out the companies making headlines after the bell Shares of Coupa Software slipped more than 2% during extended trading after the cloud services company reported third-quarter earnings. Coupa posted earnings of 20 cents per share on revenue of $101.8 million in the third quarter. The
Six of Silicon Valley’s biggest companies had a combined “tax gap” of more than $100 billion this decade, according to a new analysis. Fair Tax Mark, a British organization that certifies businesses for good tax conduct, assessed global tax payments from Facebook, Apple, Amazon, Netflix, Google and Microsoft between 2010 and 2019. The companies are
Traders on the floor of the New York Stock Exchange. Brendan McDermid | Reuters The biggest stock winners this year are leading the market decline on Monday as investors dumped momentum stocks after market sentiment turned sour. The top 10 performers this year in the S&P 500 are all in the red on the first
Hero Images | Hero Images | Getty Images It pays to be smart this Cyber Monday. While there are steps to take to make sure you are getting the best deals, there are also potential traps you can fall into. “Having a strategy for Cyber Monday is imperative, especially if you’re looking to save money,”
Getty How much do you need to save in order to retire? This is a very common question, and the answer sometimes gives people sticker shock. Fortunately, simply working a bit longer or taking a closer look at spending can make a very big difference. One rule heard often, for example, is that by 67
Share to facebook Share to twitter Share to linkedin The dispute over Hong Kong could derail trade talks. Johannes Eisele/AFP via Getty Images Topline: Days after President Trump signed into law a bill supporting pro-democracy protests in Hong Kong, China hit back with limits on the U.S. Navy and critical nonprofit organizations, with the escalating
Getting mixed-use megadevelopments planned, built and marketed demands sophisticated multidisciplinary strategies and an equally sophisticated team of design, building and marketing pros. The obstacles are Herculean, but the paybacks can be equally enormous. That’s because megadevelopments — outsized, mixed-use ventures that blend a wide range of property types into big, dazzling, enticing destinations — represent
Biogen‘s stock could fall as much as 10% once it releases new data this week on its Alzheimer’s drug, aducanumab, Baird biotech analyst Brian Skorney told CNBC on Monday. The stock could fall even further from its Monday per-share price of around $292 to about $230 if investors believe its drug will be rejected by
Stocks could have a hard time charging ahead until the Trump administration clarifies whether it will impose new tariffs on China on Dec. 15. The market has had a countdown clock set to that date, but now it is even more in focus as progress appears to have slowed in talks with China. In addition,
Rather than a wealth tax, successful businessman and businesswomen should be pushed to donate more, according to e-commerce billionaire Michael Rubin. “There has to be more pressure on entrepreneurs, when they create great value, to give back,” Rubin told CNBC’s “Squawk Box” on Monday. “I always bank on an entrepreneur to give back and get