Rolls of gift paper hang on display at a Nordstrom Local concept store in New York, Sept. 5, 2019. Demetrius Freeman | Bloomberg | Getty Images Shares of Nordstrom spiked more than 10% during extended trading Thursday after the company reported fiscal third-quarter earnings that beat analysts’ estimates, and narrowed its 2019 earnings forecast. Although
Santa Claus waves to the crowd during the Macy’s Thanksgiving Day Parade in New York City. Getty Images It’s Thanksgiving time, and investors’ thoughts turn to holiday shopping and a year end Santa rally in the stock market. Some analysts think both could be pretty good this year. While Black Friday has probably lost some
SOPA Images | LightRocket | Getty Images While streaming platform Disney+ is off to a strong start, Wall Street analysts are not shying away from Netflix’s stock. In the week following Disney+’s launch, Netflix app downloads grew 4% year-over-year, Nomura Instinet noted, showing that Disney+ is not having a negative impact on Netflix’s growth potential.
Getty The Roth IRA was designed for and is typically thought of as just a retirement account, however its many features make it the Swiss army knife of investment accounts. The tax advantages are well documented. When you invest in a Roth IRA, you fund it with money you have already paid taxes on (after-tax).
Share to facebook Share to twitter Share to linkedin Getty In a year-end gift for the ultra-high net worth, the Internal Revenue Service today issued final rules confirming there’s no clawback for huge wealth transfers made under the Trump tax law. The new rules don’t include any big surprises; they follow proposed rules issued a
Could the sun be setting on many commercial real estate jobs, as a result of technology disruption? Photo by Gary Hershorn/Getty Images Technology and automation have inexorably advanced over the last few decades. They have seemingly altered everything, say some observers, but commercial real estate. That is now rapidly changing. Dramatic tech disruption threatens the
If someone asked you when the holiday shopping season starts, you’d likely point to Black Friday, when flocks of people will rush to stores after a hearty turkey dinner to pick through the hottest deals. But for more people in 2019, holiday shopping started in July. Why? Amazon. Amazon’s annual Prime Day extravaganza has “become
Pure Storage CEO Charles Giancarlo. Ryan Anson | Bloomberg | Getty Images Pure Storage, a manufacturer of high-speed storage equipment for data centers, became the latest tech infrastructure provider to issue weak guidance, at least in part because of worsening macroeconomic conditions and the U.S.-China trade war. Pure Storage shares plunged 21% in Friday’s premarket,
CHICAGO – NOVEMBER 21: Nordstrom signage is visible at its store November 21, 2003 in Chicago. Nordstrom, Inc. reported net earnings of $45.5 million, or $0.33 per diluted share, for the third quarter of 2003, which ended November 1, 2003. For the same period last year, net earnings and earnings per diluted share were $18.4
Abigail Disney, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, April 30, 2019. Patrick T. Fallon | Bloomberg | Getty Images Abigail Disney, the heiress to the world-renowned entertainment firm, has endorsed the proposed wealth tax from Democratic presidential candidate Sen. Elizabeth Warren, slamming the wealthy people that are
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on October 3, 2019 in New York City. Drew Angerer | Getty Images An unusual trend in the stock market emerged recently as the latest sign that perhaps greed is the driving force behind the rally
Tom Werner | DigitalVision | Getty Images If you were diligently saving money for medical expenses all year, you may be about to lose it. A health-care flexible spending account, which you may have access to at work, allows you to save pretax dollars in a savings account. You can take tax-free distributions from the
President Donald Trump delayed announcing a flavored e-cigarette ban because he was “spooked” by the political ramifications, but a plan will likely still be implemented, former FDA Commissioner Scott Gottlieb told CNBC on Friday. “I think that something’s going to get done here,” Gottlieb said in a “Squawk Box” interview. “They wouldn’t be putting on
ATLANTA, GEORGIA – NOVEMBER 20: Democratic presidential candidate Sen. Kamala Harris (D-CA) speaks … [+] during the Democratic Presidential Debate (Photo by Alex Wong/Getty Images) Getty Images Nearly all of the Democratic presidential hopefuls have proposed or supported plans to create a federal family leave program that would include those who are caring for frail
Share to facebook Share to twitter Share to linkedin Some items aren’t as cheap as you may think. Bebeto Matthews/ASSOCIATED PRESS Topline: With the holiday shopping season right around the corner, millions will be out in force searching for deals beginning Friday, November 22, on Black Friday (November 29) and Cyber Monday (December 2), but
The countertops in this Bonsall, CA house were manufactured by Ceasarstone®. This modular house was … [+] designed and manufactured by Commect Homes. Photo courtesy of photographer Daniel Hennessey for Prefabulous Small Houses by Taunton Press In the not so distant past, homeowners in luxury homes all wanted granite countertops. But in the last several
Imagine loading up a cart full of merchandise at a store, and just walking out the door in broad daylight as store employees watch you do it. It’s known as organized retail crime, and it’s a growing trouble for the nation’s retailers. Instead of stealing for personal use, these criminals are part of a larger
The Gap and Old Navy stores located in Times Square, New York. Adam Jeffery | CNBC Gap Inc. on Thursday reported earnings and sales for the quarter that topped analysts’ expectations, after the company warned earlier this month that it was anticipating dismal results. Its shares were up about 1% in after-hours trading on the
Win McNamee | Getty Images BEIJING — The close economic and financial ties between the U.S. and China create potentially greater risks for America’s global clout if the two countries separate further. “We are still in the foothills of a Cold War,” Henry Kissinger, former U.S. Secretary of State, said Thursday at Bloomberg’s New Economy
Las Vegas isn’t the first place you’d think of to go on vacation alone. But earlier this year after a conference at one of the giant hotels on the Strip, I was curious to see Sin City through fresh eyes and decided to stay five more days — by myself. Being alone in an adults’