Susan Wojcicki, CEO, YouTube speaking at #VidCon, July 23, 2015. Harriet Taylor | CNBC Momentum is building in Washington to crack down on Big Tech’s most free-wheeling practices: the Department of Justice is conducting a broad review of tech companies in addition to a reported antitrust investigation of Google, and Facebook disclosed a new antitrust
French bank Societe Generale’s headquarters in Paris. Chesnot | Getty Images News | Getty Images Banks must be prepared for interest rates to remain low for a longer time — which will squeeze profitability for lenders, deputy chief executive of Societe Generale said on Thursday. Low interest rates have been one of the biggest challenges
President Donald Trump answers questions in the Oval Office of the White House in Washington, August 20, 2019. Kevin Lamarque | Reuters Citi no longer sees a conclusion to the trade war with China before the next U.S. presidential election, the investment bank said in a research report on Wednesday. “[The] base case for the
Joho | Cultura RM | Getty Images Looking for a college major that will help squash your student loan debt? Consider electrical engineering. Recent graduates in that field are earning the highest median annual salary: $72,600, according to the National Center for Education Statistics. Longer term, electrical engineers earn a median salary of $99,070, according
Are you worried that you’re going to outlive your money? It’s a fair concern with interest rates low and heading lower. To put it bluntly, many well-off retirees are at serious risk of having to pick up a “side hustle” to avoid dying broke. Passive income in the popular retirement “go-tos” is simply no help
Shutterstpcl Since 1999, the home-office deduction is no longer a red flag — millions of Americans benefit from this deduction each year. Countless taxpayers run businesses from home, and the IRS understands this. The income-requirement rule also limits the use of this deduction for profitable enterprises, which appeases IRS concerns about abuse and hobby-loss businesses. Before
The landmarked St. John’s Evangelical Lutheran Church in Chicago has been transformed into luxury condos. Regency Development Group There’s no place like home, especially if it’s a landmark structure. A historic church in Chicago’s Ukrainian Village neighborhood is starting a new life as a luxury condominium development with unique features such as stained glass windows
A customer exits a CVS Health Corp. store in Oakland, California, U.S., on Friday, Aug. 2, 2019. Michael Short | Bloomberg | Getty Images A federal judge reviewing a Justice Department decision to allow U.S. pharmacy chain and benefits manager CVS Health to merge with health insurer Aetna said on Wednesday that the agreement was
Tim Cook, chief executive officer of Apple, and Eddy Cue, senior vice president of Internet Software and Services at Apple, attend the annual Allen & Company Sun Valley Conference, July 10, 2019 in Sun Valley, Idaho. Drew Angerer | Getty Images News | Getty Images Apple plans to borrow in the bond market for the
Traders work under monitors displaying 3M Co. signage on the floor of the New York Stock Exchange (NYSE) in New York. Michael Nagle | Bloomberg | Getty Images In a world of falling and even negative interest rates, investors are searching high and low for yield. Companies with a high and stable dividends are a
For homeowners in Hurricane Dorian’s anticipated path, insurance claim preparation may be worth adding to your to-do list. The storm, which pummeled the Bahamas for 48 hours and left widespread devastation across the island nation, is churning northward and parallel to southeastern U.S. coastline with sustained winds of 105 mph as of Wednesday. While Dorian
ARVADA, CO – DECEMBER 12: Nurse practitioner Katie Hubbard of Dispatch Health checks the vitals of Shelly Yeto at her home. (Photo by AAron Ontiveroz/The Denver Post via Getty Images) Denver Post via Getty Images Federal and state policymakers increasingly are interested in creating a public social insurance program for long-term care in the US.
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column examines potential effects of returning to work at lower pay before filing, suspension of benefits before FRA, the earnings limits for those who’ve filed for benefits in 2019, effects of
Perched on the side of a cliff above the Pacific Ocean, the Razor House is futuristic and dramatic and could well be home to a superhero. Gary Kasl The Razor House might be named for the pronounced angles of its design, but the dramatic home perched on a cliff in La Jolla, California was actually
Tim Boyle | Getty Images News | Getty Images Shares of American Eagle Outfitters fell more than 13% Wednesday after a slow start to the back-to-school season and unseasonable weather led to same-store sales growth that missed analyst expectations. The company said that sales were disappointing during the last two weeks of July, which is
A JetBlue Airways Corp. Airbus A321 plane taxis outside of Terminal 5 at John F. Kennedy International Airport (JFK) in New York. Mark Kauzlarich | Bloomberg | Getty Images Shares of JetBlue were down more than 3% in premarket trading after the airline lowered its revenue forecast, citing weak demand for its flights to Puerto
Shipping containers from China and other nations are unloaded at the Long Beach Port in Los Angeles, on February 16, 2019. Mark Ralston | AFP | Getty Images The U.S. trade deficit narrowed less than expected in July as the trade war between the United States and China drags on. The Bureau of Economic Analysis
Sam Zell, who amassed a nearly $6 billion fortune with roots in commercial real estate, is slamming WeWork, the office-sharing firm that’s widely expected to go public as early as this month. WeWork, which rebranded itself as the We Company, is not doing anything new, Zell told CNBC on Wednesday. “I had the privilege of
Whether you’re a business owner, an employee with a side hustle or an investor with a hefty capital gain, a key tax deadline is coming up. Taxpayers who pay the IRS every quarter must make their third payment for this year by Sept. 16. For the 2019 tax year, the quarterly deadlines are April 15,
For decades, marijuana, even for medical uses, was demonized or questioned. When states like Colorado legalized it for recreational use, more studies began to determine provable efficacy for its use as a medicine. The Federal government still classifies marijuana the same way it classifies heroin: harmful and with no medical benefits. Now we can see