Apartments in places like Siesta Key, Florida, have seen double the average rent per night for … [+] October, compared to 2019. getty After seeing unprecedented demand over the summer, property owners in Florida are anticipating a busy winter rental season and predict that rents could nearly double, even with COVID-19 cases starting to trend
Month: November 2020
Ethan Brown, founder, president and CEO of Beyond Meat. Adam Jeffery | CNBC Shares of Beyond Meat cratered as much as 28% Monday in after-hours trading following the release of disappointing third-quarter results, capping off a frenzied day of trading for the volatile stock. McDonald’s announcement of a plant-based line called “McPlant” sparked confusion among
President-elect Joe Biden on Nov. 9, 2020 at the Queen Theater in Wilmington, Delaware. Joe Raedle | Getty Images News | Getty Images Joe Biden’s presidency could have big implications for everyday Americans when it comes to financial protections. With Senate control still hanging in the balance, the extent to which the Biden administration will
Portra Images | Getty Images The majority of U.S. adults believe the Covid-19 economy is worse than the 2008 Great Recession, according to a recent Edelman Financial Engines 2020 Financial Insights study. Just over half, or 51%, said that was the case. “That is scary,” said Ric Edelman, founder of Edelman Financial Engines and a
Is it time for a reconsideration of this monster rally? With the S&P 500 up 9% in six trading sessions to an all-time intraday high (though not a closing high), many are looking at parts of the market as overbought. Others agree, but say it doesn’t matter in this strange mix of election and vaccine
Nes | E+ | Getty Images When the Covid-19 pandemic hit the U.S. in mid-March, there were three types of financial advisory firms: high-tech, low-tech late adopters and firms somewhere in between. The overnight shift to work-from-home was vastly different for each type. Low-tech firms transported printers and fax machines to their homes and scrambled
On the heels of President-elect Joe Biden’s victory, free college may finally become a reality. On the campaign trail, Biden said he will enact legislation to ensure that students can go to community college for up to two years without having to pay tuition. Biden also adopted a proposal from Sen. Bernie Sanders, I-Vt., to
WILMINGTON, DELAWARE – NOVEMBER 09: U.S. President-elect Joe Biden speaks to the media after … [+] receiving a briefing from the transition COVID-19 advisory board. (Photo by Joe Raedle/Getty Images) Getty Images In his campaign, President-elect Joe Biden promised a wide range of policy changes aimed at supporting older adults, including paid leave and tax
What state taxes apply if you are stuck in California or stuck in another state during the pandemic? Do you pay taxes where you are sheltering in place, even if you don’t normally live there? Do you pay taxes in your usual home state, even though you are not sheltering there? Do you get stuck
Joanna is CEO of Quartz Properties, a residential real estate development firm working to make the home buying process simple and enjoyable. getty Change is hard. Even the smallest shifts in routine can lead to altered consumer behavior. As significant swaths of the country face the triple threat of a global pandemic, increasing economic insecurity and
Former FDA chief Dr. Scott Gottlieb warned that the coronavirus pandemic is “about to explode” across the United States as the country confirmed more than 10 million coronavirus cases on Monday, a bleak milestone just 10 days after reaching the 9 million mark amid a record surge in daily infections. On Sunday, the country added
Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale on November 15, 2019 in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Monday said it swung to a loss in the third quarter after the coronavirus pandemic weakened restaurant demand for
People walk by the New York Stock Exchange. Spencer Platt | Getty Images Stock futures held steady in overnight trading on Monday following a record-setting rally sparked by promising news on a coronavirus vaccine. Futures on the Dow Jones Industrial Average dipped 20 points. S&P 500 futures fell 0.1% and Nasdaq 100 futures also traded
A pedestrian holding an umbrella walks past a Charles Schwab office in New York. Scott Eells | Bloomberg | Getty Images Stocks are surging on Monday but some customers of online brokers Charles Schwab, TD Ameritrade, Vanguard and others could be missing out on the record market highs. E-brokers are experiencing technical issues with their
The U.S. Capitol at sunrise in Washington, D.C., U.S., on Friday, Nov. 6, 2020. Stefani Reynolds | Bloomberg | Getty Images Millions of Americans are waiting for more financial help from the federal government. Following President-elect Joe Biden’s win, it now looks more probable that another coronavirus relief package may not come until January. That’s
With so many people working at home during the pandemic, it seems natural that some new to investing might be drawn to the stock market. About one-half of Robinhood.com’s 13 million customers are “first time investors.” How do these new investors learn about stocks? Some learn by trial and error. Others do their research, which
A former Microsoft MSFT engineer, Volodymyr Kvashuk, was sentenced today for nine years for defrauding Microsoft for more than $10 million, using a bitcoin mixer to hide taxable income and filing fraudulent tax returns. This is the nation’s first Bitcoin case that has a tax component to it according to the IRS. Kvashuk is a
Getty Better Mortgage, an online lending startup, has closed a Series D round that values the company at roughly $4 billion, according to a source familiar with the matter. The $200 million round was led by L Catterton—a private equity firm based in Greenwich, Connecticut—according to Bloomberg, which first reported the news. Ally Financial ALLY ,
Florida, Port of Miami, Row of cruise ships docked, non-essential business due to Coronavirus. Jeff Greenberg | Universal Images Group | Getty Images Throughout the coronavirus pandemic, travel executives have been pinning their hopes on a Covid-19 vaccine saving their industry, which has suffered from the fallout of the health crisis. Following news Monday of
McDonalds restaurant in Londons Oxford Street. Restaurants are only allowed to open for takeaway orders during the Englands second lockdown. Dave Rushen | LightRocket | Getty Images McDonald’s is expected to report its third-quarter earnings on Monday before the bell. Here’s what Wall Street is expecting, based on a survey of analysts by Refinitiv: Earnings
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