Workers walk outside the Tesla Inc. Gigafactory in Shanghai, China, on Friday, Nov. 1, 2019. Qilai Shen | Bloomberg | Getty Images Morgan Stanley increased its “bull case” for Tesla to $500 a share on Thursday, in the firm’s calculation of a best case scenario for the company’s value if Cybertruck is successful and the
Month: December 2019
Before the calendar flips to 2020, you might want to see if there are some moves you can make to take advantage of the tax breaks for medical expenses. Experts say it’s worth exploring, as the cost of health care continues its upward climb. The U.S. spent about $3.5 trillion on health care in 2017,
Entrepreneurs who work at H Street Greenhouse in Washington, D.C. Kerry Hannon Question: Are business co-working spaces for midlife entrepreneurs taking off? Answer: Not yet. But… stay tuned. Here’s why: In Washington, D.C., something called the H Street Greenhouse is developing a model boutique co-working space for midlife entrepreneurs that offers a tantalizing alternative to
Share to facebook Share to twitter Share to linkedin Friday’s jobs report will deliver key insights into the U.S. economy. Lynne Sladky/ASSOCIATED PRESS Topline: With the U.S. Labor Department set to release its monthly jobs report on Friday, Wall Street will be watching the numbers closely to get a gauge of the economy’s momentum and
That’s not a typo. This article is not about first time homebuyers. It’s for those of you who are considering buying or building a hotel, for the first time. In case you never think about who owns the hotels that operate flying the flag of your favorite brand, or those independent gems, often times it
The exterior of the headquarters of biotechnology company Biogen in Cambridge, MA is pictured on March 21, 2019. John Tlumacki | Boston Globe | Getty Images Biogen shares rose Thursday after the biotech firm offered more data on its late-stage Alzheimer’s drug, aducanumab. The data, presented at the Clinical Trials on Alzheimer’s Disease conference, offered
A shopper carries a Tiffany & Co. retail bag on Fifth Avenue in New York, May 30, 2019. Victor J. Blue | Bloomberg | Getty Images Tiffany shares fell more than 1% in premarket trading Thursday after the luxury jeweler reported earnings and revenue that fell short of analyst expectations. Here’s what Tiffany reported compared
A Mastercard debit card from U.K. digital bank Monzo. Monzo Online banks are betting that millennials don’t want to visit physical branches, but a new report from Jefferies challenges that theory. Physical banking locations “are still viewed as important” — especially by younger folks, and are still a top factor in picking a new bank,
Charles Taylor | Getty Images There are less than four weeks left in the year, and your chances of a holiday gift at work are looking pretty good. About 2 in 3 companies anticipate giving workers a year-end bonus or perk, according to new data from Challenger, Gray & Christmas. The Chicago-based recruiting firm polled 250
2020 Democratic Presidential candidate Senator Elizabeth Warren at a Warren Indianola Town Hall at Simpson College in Indianola, Iowa on Sunday October 20, 2019. Melina Mara via Getty Images Those in search of a real-time, market-based way to make money on the possibility that Sen. Elizabeth Warren wins the Democratic nomination need look no further
JGI/Jamie Grill | Tetra images | Getty Images Make 2020 the year you nail your taxes: The IRS has released the final version of its new tax withholding form. The new Form W-4 goes into effect for 2020. Employees use it to tailor the amount of income tax that’s withheld from their paychecks. The document
Gov. J.B. Pritzker signs the state budget and legislation related to a graduated income tax in … [+] Illinois, during a bill signing Wednesday, June 5, 2019 at the Thompson Center in Chicago. (AP Photo/Amr Alfiky) ASSOCIATED PRESS Which matters more: Providing the necessary funding for the intellectually disabled to be able to access group
President Donald Trump and French President Emmanuel Macron talk during the NATO meeting in London … [+] on December 3, 2019. (Photo by LUDOVIC MARIN/POOL/AFP via Getty Images) POOL/AFP via Getty Images Not for the first time, President Trump has me confused about his tax policy. The signature legislation of his presidency was the 2017
A new forecast predicts historically low housing inventory levels in 2020. Getty Demand for homes will be strong next year, but homebuyers will have few options. In fact, according to a new forecast for 2020, next year may just see the biggest housing inventory shortage in U.S. history. According to the 2020 National Housing Forecast
U.S. stock index futures were slightly higher on Thursday. At around 02:15 a.m., Dow futures rose 27 points, indicating a positive open of more than 20 points. Futures on the S&P and Nasdaq were both slightly higher. Market focus is largely attuned to global trade developments, following a media report suggesting the world’s two largest economies were on the cusp of
Marc Benioff, Co-CEO of SalesForce speaking at the WEF in Davos, Switzerland on Jan. 22, 2019. Adam Galica | CNBC Salesforce shares bounced around in extended trading on Tuesday after the cloud software company reported better-than-expected results. The stock initially rose about 1% and then fell 2%. Here are the key numbers of the fiscal
Check out the companies making headlines after the bell: Joel Anderson, CEO, Five Below Scott Mlyn | CNBC Five Below — The retailer said its comparable sales rose 2.9% in the third quarter, versus the 2.6% that analysts had expected. Its shares were up over 4% in extended-hours trading. Verint Systems — Shares of the
Source: Robinhood Free stock-trading start-up Robinhood just reached more than 10 million accounts, the company said Wednesday. The Silicon Valley start-up, mostly used by millennials to trade stocks and cryptocurrency, has grown rapidly from its one million subscribers in 2016 and six million accounts in October of 2018. Robinhood has attained its growth while disrupting
Investment expert Mellody Hobson is the epitome of the American Dream. The youngest of six kids, she was raised by a single mother. “We had a lot to overcome financially when I was a child,” she said in a recent interview with CNBC’s Wilfred Frost. Her childhood included frequent evictions from their homes in Chicago
An intensified focus on elder financial abuse by federal and state agencies is being seen as a potential cause for the tripling of reports from financial institutions of suspected cases over the past six years to the Financial Crimes Financial Network (FinCEN). FinCEN is the Treasury Department’s anti-domestic and anti-international terrorism financing unit. Monthly Suspicious
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