Rodolfo Delgado is the Co-Founder & CEO of Replay Listings, the first platform to find apartments for rent in NYC focused on unedited videos getty Do you remember the last time you left home without your smartphone? Neither do I. We have integrated technology into almost every part of our daily lives. The average U.S. adult
Month: November 2020
Colorado Gov. Jared Polis told CNBC that his state “really needs the federal government to step up on the health side and on the economic side” as the coronavirus pandemic barrels into a devastating new phase. “We’re trying to do that as a state, we did a one-time plus up of $375 of unemployment insurance,”
U.S. stock futures opened slightly higher on Monday night after two of the three major market benchmarks closed at record levels. Dow Jones Industrial Average futures were up marginally and S&P 500 futures gained 0.1%. Nasdaq 100 futures outperformed, rising 0.6%. Tesla shares jumped more than 10% after S&P Dow Jones Indices said the electric
Since the pandemic began, “my life has changed utterly,” Bill Gates said on an episode of the new podcast, “Bill Gates and Rashida Jones Ask Big Questions.” One of the biggest changes? The billionaire philanthropist and Microsoft co-founder said he hasn’t been to a physical office since March. “I’m kind of embarrassed to admit, there’s
Jay Clayton, who has led the Securities and Exchange Commission for the past three and a half years that included a number of major changes in financial markets, said Monday he will step down at the end of the year. “Working alongside the incredibly talented and driven women and men of the SEC has been
Aviation workers hold a protest organized by the Association of Flight Attendants outside the U.S. Capitol in Washington, D.C., on Sept. 9, 2020. Saul Loeb | AFP | Getty Images Washington lawmakers have worked to come to an agreement on the next coronavirus relief package for months. Post-election, those talks could get shaken up by
getty Reformers have long bemoaned the manner in which poor workers pay too high a “marginal tax rate” when both “regular” taxes and government benefit phase-outs are combined together. A recent article at Accounting Today summarized the situation: “About a quarter of lower-income workers effectively face marginal tax rates of more than 70 percent when
WILMINGTON, DELAWARE – NOVEMBER 10: U.S. President-elect Joe Biden addresses the media about the … [+] Trump Administration’s lawsuit to overturn the Affordable Care Act on November 10, 2020 at the Queen Theater in Wilmington, Delaware. Mr. Biden also answered questions about the process of the transition and how a Biden Administration would work with
The penthouse occupies the 37th through 39th floors of the 1930s Hampshire House on Central Park … [+] South. Nest Seekers International A Manhattan penthouse overlooking Central Park, on the so-called Billionaire’s Row, with an award-winning redesign teed up, is being auctioned off next month with no reserve. The apartment is currently on the market
Dr. Scott Gottlieb told CNBC on Monday that the devastating coronavirus pandemic could “effectively” be ended next year, following promising developments around Moderna‘s Covid-19 vaccine. The Massachusetts-based biotech company on Monday announced that its coronavirus vaccine was 94.5% effective in preventing Covid-19, based on preliminary data from its phase-three trial. The news comes one week after Pfizer
Gregg Lemkau, co-head of investment banking for Goldman Sachs & Co. Christopher Goodney | Bloomberg | Getty Images Goldman Sachs is losing one of its top dealmakers. Gregg Lemkau, a nearly-three decade veteran of the bank and co-head of its powerhouse investment banking division, is leaving Goldman at the end of the year, according to
CNBC’s Jim Cramer said Monday that a new type of investor is behaving differently during the stock market’s pandemic-era rally than what he has traditionally observed over his decades-long career on Wall Street and in financial media. “There’s a new young crop of buyers who do not sell on the news,” Cramer said on “Squawk
Shapecharge It’s not uncommon to want to move money from a workplace savings plan to an individual retirement account when you leave the company. Yet if you’re not careful while doing that rollover, you can make costly errors or lock yourself into something that can’t be easily undone. The key is to avoid any tax
Few people have taken advantage of relaxed rules offering early access to retirement savings for those facing financial hardship due to the coronavirus pandemic. Instead, most 401(k) plan participants appear to be staying the course and haven’t made significant changes to their retirement savings. Fidelity, the nation’s largest 401(k) provider, said contributions to its workplace
Customers dine at Momofuku’s outdoor seating in the East Village as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 26, 2020 in New York City. Alexi Rosenfeld | Getty Images Goldbelly is adding chef David Chang’s Momofuku to its national delivery service as the coronavirus
getty Something odd happened last week. Something dramatic. Something that hasn’t happened in more than a decade and, arguably, not to this degree in nearly twenty years. It’s called “rotation.” It’s not a new thing, and it has certainly occurred in much narrower market segments. But this is the first time in a long time
Outdoor terraces like this one at Essex Crossing are among the pandemic-era extras being … [+] incorporated into new office buildings under construction in New York City. Wordsearch / Riverfilm With COVID’s lethal second surge prompting more questions than ever about the future of the workplace, it’s instructive to note the pace of new office
An Emirates Airbus 380-800 about to land. Fabrizio Gandolfo | SOPA Images | LightRocket | Getty Images Emirates expects to return to profitability in the next two years, as new travel corridors open and the global aviation industry attempts to rebound from the worst crisis in its history. “I believe that within the next 18
Traders work on the floor of the New York Stock Exchange. Source: NYSE U.S. stock futures rose on Sunday night as traders assessed a sharp market rotation that led to a mixed weekly performance last week. Dow Jones Industrial Average futures were up by 202 points, or 0.7%. S&P 500 futures traded 0.7% higher and
Senators Kelly Loeffler, R-Ga., and David Perdue, R-Ga., at Hartsfield-Jackson Atlanta International Airport on July 15, 2020. Jonathan Ernst | Reuters Wealthy families have Georgia on their minds. That’s because the outcome of two contentious races for the Senate could shape their plans to pass on millions of dollars to their heirs, as well as
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