The newly restored gardens at the Hampton-Preston Mansion are a delight for strollers. Courtesy Historic Columbia Robert Mills is best known for his design of the Washington Monument on the Mall of the National Capital. The 555-foot obelisk was, for a time, the tallest building in the United States and, since its September re-opening, is
Amazon CEO Jeff Bezos (l) and Doug McMillon, CEO of Walmart. Getty Images | CNBC Less shopping is happening on Amazon, and consumers are favoring Walmart, according to a new survey. The frequency of people buying items on Amazon six times or more per month has dropped to 40% this year from 80% in 2017, according
Kevin Plank, CEO of Under Armour. Adam Jeffery | CNBC Under Armour is set to report third-quarter earnings before the market open on Monday. Here’s what analysts are expecting, based on Refinitiv estimates: Earnings per share: 18 cents expected Revenue: $1.41 billion expected Over the weekend, The Wall Street Journal reported that Under Armour was facing
Check out the companies making headlines before the bell: McDonald’s – McDonald’s fired CEO Steve Easterbrook after determining that a consensual relationship with an employee violated company policy. He’ll be replaced by McDonald’s USA President Chris Kempczinski. Under Armour – Under Armour said it is the subject of a U.S. accounting probe, confirming an earlier
Getty Images Stocks that pay big dividends haven’t been this cheap in at least 40 years, according to Goldman Sachs. The valuation gap between high- and low-dividend-yield stocks is close to the widest it has been since around 1980, the bank said. The market is pricing in “an overly pessimistic” level of dividend payouts with
Witthaya Prasongsin | Moment | Getty Images Irish author James Joyce wrote in his novel “Ulysses” that a genius makes no mistakes. “His errors are volitional and are the portals of discovery,” he wrote. Talk about hindsight being 20/20. Joyce’s spin aside, mistakes can indeed be learning experiences — and we all make them, especially
You might know by now that Medicare’s annual open enrollment is underway and ends Dec. 7. So do scammers. Every fall, when the program’s 60 million or so beneficiaries can make coverage changes for the next year, criminals tend to step up their game, experts say. It could involve a person pretending to be a
(photo credit: Getty) Getty For Baby Boomers who remember the double-digit inflation that helped put Ronald Reagan in the White House, today’s comparatively subdued annual increases in the Consumer Price Index probably rank low among their retirement-related concerns. Rather than trying to restrain inflation, the Federal Reserve is now striving to boost it to 2%
What is considered a “qualified higher education expense,” or QHEE, for a 529 withdrawal has changed over the years. What was once a relatively restrictive definition has become more flexible due to the extensive work of advocates and legislators. It is important to remember that money in a 529 account can always be withdrawn at
In announcing his Florida move by tweet, the President said New York City “will always have a special place in my heart!” He says he paid “millions of dollars in city, state and local taxes each year,” but that he was “treated very badly by the political leaders of both the city and state.” There
Activists marched to the offices of Senators Schumer and Gillibrand in New York City on September 5, 2017; carrying a giant lunchbox filled with messages from constituents that urged them to get Back To Work and Save Our Healthcare. Erik McGregor | LightRocket | Getty Images Wealthy Americans stand to gain from Obamacare’s demise. The
J.P. Morgan says foreign exchange deposits into Singapore’s banks have ramped up “quite sharply” in recent months. It comes amid growing unrest in Hong Kong which has reportedly driven investors and companies to move their money elsewhere. Singapore has been said to be a direct beneficiary of the unrest in Hong Kong, with some bankers
Covering five countries on three continents in the span of 34 days, a ski trip launching this December lets people experience some of the best glacier runs and off-piste heli-skiing on the planet. The trip is designed for wealthy travelers as well as those seeking new cultural experiences, said Kirsty Edwards, head of operated ski
For many Americans, the open enrollment season, which covers both employer-based and federal health insurance, is underway. Rising health-care costs are a significant cause of stress, and yet, nearly three-quarters of working adults spend 45 minutes or less reviewing their benefits before enrolling, according to recent research by employee benefits provider Unum. At the very
stack of money Getty Did you get a notification from a former employer offering you the opportunity to cash out your future pension, or even a pension you’re collecting now or about to start, in exchange for a lump sum amount of money? Are you trying to make sense of the numbers? Are you unable
Single-family rentals (SFRs) have long been an asset class that’s dominated by mom and pop investors. Even with the rise of institutional investors that began investing heavily in SFR during the post-recession years, small-scale investors still remained king. Today, less than 2% of all SFR homes are owned by institutional investors. Meanwhile, 87% are owned
Rolls-Royce Cullinan Source: Rolls-Royce Rolls-Royce, Bentley, Lamborghini and Maserati have long histories of building high-end, exclusive cars for wealthy clients. All four, though, have introduced SUVs in recent years to help claim their share of the rapidly expanding market. It’s working. The Rolls-Royce Cullinan, Bentley Bentayga, Lamborghini Urus and Maserati Levante have all been triumphant
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Disney. Karen Finerman was a buyer of Target. Brian Kelly was a buyer of the Gold Miners ETF. Dan Nathan was a buyer of the 20+ Year Treasury Bond ETF. Disclosure Trader disclosure: Brian Kelly is long GLD.
TOPSHOT – A vehicle passes an anti-Brexit pro-Irish unity billboard seen from the Dublin road in Newry, Northern Ireland, on October 1, 2019 on the border between Newry in Northern Ireland and Dundalk in the Irish Republic. – Britain will give the EU new proposals for a Brexit deal “shortly”, Prime Minister Boris Johnson said
MACON, Georgia — As the head of student loan debt at the U.S. Education Department, Wayne Johnson discovered some people had balances of more than $1.5 million. “I’ll never forget it,” Johnson, 67, said, during an interview with CNBC on Sunday night at a gated retirement community he owns here. “There were lots of folks