Housing is more costly in the West and Northeast according to federal surveys U.S. Bureau of Economic Analysis The U.S. Census Bureau issued its annual reports on poverty in America on Sept. 10. Once again, California had the nation’s highest poverty rate, 18.2% over the last three years surveyed, using a measure of poverty that
The timeline for a potential trade deal between Washington and Beijing remains unclear, so CNBC’s Jim Cramer decided to take another look at stocks with high exposure to China before earnings season approaches. “Let’s play a little game, I call it hostage versus non-hostage,” the host of “Mad Money” said Friday. “As in, which companies
Shares of flooring company Lumber Liquidators plunged Friday after founder and former CEO Thomas Sullivan decided to opt out of his bid to find a buyer for the company, a week after he announced the buyout plan. Sullivan also sold the majority of his stake in the company. The founder had upped his ownership of
Government bond yields recently held above an important level, but the next test may prove dangerous for the stock market. The benchmark 10-year Treasury note yield tested 1.5% in late August and early September, bouncing off that level and most recently trading around 1.8%. That’s the third time the barrier has been broken since the
Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016. Heidi Gutman | CNBC If you’re thinking of following Carl Icahn from high-tax New York to sunny Miami, you’ll need to do more than just change your driver’s license to make it official. The billionaire investor has told his
Using the new Medicare Plan finder can be like trying to find a needle in haystack. Getty As of October 1, 2019, the new Medicare Plan Finder will be the only source of information about Part D and Medicare Advantage plans. This is 14 days before the very important Open Enrollment Period begins. Those who
Google has agreed to pay more than $1 billion in fines and taxes to the French government. (Photo by Lyu Liang/VCG via Getty Images) VCG via Getty Images Big tech’s days are numbered. Yesterday, Google agreed to pay over $1 billion in fines and taxes to French authorities, settling a dispute over a financial fraud
Share to facebook Share to twitter Share to linkedin A WeWork office is seen in New York City on July 19, 2019. – With its free coffee, couches and glass partitions, shared workspace startup WeWork has shaken up both office culture and commercial real estate. Brushing aside questions about its business AFP/Getty Images Topline: WeWork
SmileDirectClub‘s rocky initial public offering can be attributed to an aggressive asking price, CNBC’s Jim Cramer said Friday. But the “Mad Money” host admits he is unsure of what price he would pay for the upstart orthodontics company’s stock. “I don’t know what the right price is for SDC, but I do know I wouldn’t
Federal Reserve Chair Jerome Powell holds a news conference following the Federal Reserve’s two-day Federal Open Market Committee Meeting in Washington, July 31, 2019. Sarah Silbiger | Reuters The Federal Reserve is expected to cut interest rates by a quarter point on Wednesday, but what it says about its future plans will determine whether stocks
Apple disputed the negative call by Goldman Sachs on Friday, which hit the stock, taking issue with the firm’s negative characterization on how Apple would account for its new TV+ service. Goldman said that the one-year free trial of the TV+ service would have a “material negative impact” on earnings by showing lower hardware profit
Ms. Monopoly game. Source: Hasbro The typical 8-year-old probably doesn’t know much about the gender pay gap. Now the topic could come up if she or he plays the new game, Ms. Monopoly. Some critics are skeptical, however, of how helpful those conversations will be. Toymaker Hasbro announced this week the rollout of the board
Black man trying to understand Roth IRA. Getty Many people casually throw around the terms Roth IRA and traditional IRA, but there are significant differences, with pros and cons to each. This article explains the value of a Roth IRA as a savings instrument. Roth IRAs, like traditional IRAs, can accumulate money faster than
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 responds to questions about whether 2019 is really the deadline to file a restricted application, whether an annuity will be subject to the WEP, retroactive restricted applications for spousal benefits
I love when a brand finds a innovative, relevant, non-intrusive way to get in front of its target audience. BMW has done just that with its “sponsorship,” if you want to call it that, of Heaps Estrin Real Estate’s high-dollar home listings. The brand staged these multi-million dollar homes with brand new high-end BMW models
Musician Eddie Money performs on stage during the iHeart80s Party 2017 at SAP Center on January 28, 2017 in San Jose, California. Tim Mosenfelder | Getty Images Eddie Money, famed singer of “Two Tickets to Paradise,” has died at age 70. Money’s publicist provided a statement to the Associated Press from the musician’s family saying
A man enter the doors of the ‘WeWork’ co-operative co-working space in Washington, DC. Mandel Ngan | AFP | Getty Images WeWork has become a cautionary tale for private equity and venture capital executives who are learning that growth at all costs doesn’t always cut it in public markets. The real estate start-up has seen
CNBC’s Jim Cramer said on Friday that WeWork should pull its embattled initial public offering because the negative sentiment around slashing its valuation could be contagious in the overall stock market. “Stop the WeWork deal,” Cramer said on “Squawk Box.” “We don’t want that deal. I just wish they would go away.” Despite a number
The first monthly Social Security check was cashed in 1940 for a grand total of about $23. Fast forward to 2019 and the average retired worker gets almost $1,500 a month from Social Security. Nearly nine out of 10 people aged 65 and older receive benefits, making it an essential part of retiring in the
Investors watch a stock trading board at a Shanghai brokerage firm. More U.S. pension money is mandated into China’s stock market. Some in Washington DC see a chance of making sure Fed employee pensions never go in there. Photographer: Qilai BLOOMBERG NEWS Make no mistake about it, wheels are in motion to ban some $49.5