Getty Long before the coronavirus pandemic, owners of shopping centers began focusing on ways to reimagine their properties to maintain their vibrancy over the next decade and beyond. As outlined in an excellent article by Greg Maloney, President & CEO of Americas Retail at JLL, this involves balancing short term considerations, like occupancy rates, with longer
admin
The coronavirus pandemic has upended many consumers’ typical breakfast routines, causing many fast-food chains to lose out on early morning sales as their usual customers choose to eat cereal at home instead. But some consumers are forming new routines and ordering their breakfasts online, through the likes of DoorDash and Uber Eats. Between the weeks
If the summer of 2020 is memorable to vacationers, it will likely be as the year of not straying too far from home. But that doesn’t mean you need to limit your horizons: The great road trip is enjoying a resurgence. This year, 46 million Americans say they plan to hit the open road in a
An illuminated logo sits on the exterior of Wirecard’s headquarters in the Aschheim district of Munich, Germany. Michaela Handrek-Rehle | Bloomberg | Getty Images Wirecard will file for an application to open insolvency proceedings with the district court of Munich, the company said Thursday. The company said in a short statement that management had decided
CNBC’s Jim Cramer said Wednesday he thinks investors are smart to take some profits following the stock market’s strong rise from its coronavirus lows. The S&P 500 was up more than 40%, as of Tuesday’s close, from its March 23 intraday bottom, a rally that Cramer called one of the “greatest moves of my lifetime.” “I’m not
xavierarnau When it comes to retiring, few people want to quit work cold turkey. Close to 6 out of 10 workers around the world would like a phased transition — a gradual shift from full-time work into part-time or freelancing — as they enter retirement, according to a survey from the Transamerica Center for Retirement Studies.
By Richard Eisenberg, Next Avenue Editor Marny Xiong, Michael Halkias and Yves-Emmanuel Segui Amee Xiong, Todd Heisler, Segui family/The New York TimesMarny Xiong, Michael Halkias and Yves-Emmanuel Segui You can learn in The New York Times how many humans have died from the coronavirus from its Tracking the Coronavirus graphic (472,125 as of June 23,
Getty 2020 has been an odd year, to say the least. It seems that everything has been delayed or postponed to another time due to the COVID-19 crisis. This delay applies to tax season as well as the Treasury Department and the IRS announced in March that the federal income tax filing deadline is automatically extended from
The Hamptons, a coveted vacation destination for the wealthy, saw a spike of more than 70% in luxury … [+] home views in May compared to a year ago. Getty Similar to the wider U.S. housing market, which is bouncing back from the early, dampening effects of the coronavirus pandemic, the luxury segment recorded a
The coronavirus continues to surge in a number of states across the country, mostly the American South and West. Testifying before members of Congress on Tuesday, White House health adviser Dr. Anthony Fauci said that parts of the U.S. are beginning to see a “disturbing surge” and described the overall situation in the U.S. as a
A pedestrian passes in front of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, June 3, 2020. Michael Nagle | Bloomberg | Getty Images Stocks futures were flat in overnight trading on Wednesday, following a steep market sell-off triggered by intensifying worries about a coronavirus resurgence. Futures on the Dow Jones
People walk along Broadway as the coronavirus keeps financial markets and businesses mostly closed on May 08, 2020 in New York City. The Bureau of Labor Statistics announced on Friday that the US economy lost 20.5 million jobs in April. This is the largest decline in jobs since the government began tracking the data in
Steven Mnuchin, U.S. Treasury secretary, speaks during a Senate Small Business and Entrepreneurship Committee hearing in Washington, D.C., U.S., on Wednesday, June 10, 2020. Al Drago | Bloomberg | Getty Images This tax season may look more like a tax year, as Treasury Secretary Steven Mnuchin weighs delaying the July 15 deadline once again. “As
TOPLINE The stock market plunged on Wednesday as Wall Street grew increasingly concerned about a spike in new coronavirus cases impeding an economic recovery. Several states are seeing record numbers of new coronavirus cases. Tayfun Coskun/Anadolu Agency via Getty Images KEY FACTS The Dow Jones Industrial Average closed down 2.7%, over 700 points, on Wednesday,
Many businesses are using “the pandemic as a cloak” to cut jobs that they had wanted to cut even before the coronavirus outbreak, “Shark Tank” investor Kevin O’Leary told CNBC on Wednesday. “Their jobs will never come back,” O’Leary said on “Squawk Box.” ”This is great for earnings in the S&P. It’s not great for employment.” O’Leary said that
Getty Will he or won’t he? That’s the question on the minds of taxpayers and tax professionals alike as Treasury Secretary Steven Mnuchin continues to mull extending the tax filing deadline for 2020. As it currently stands, the 2019 tax filing deadline remains July 15, 2020. Last year, the Internal Revenue Service (IRS) received and processed
NEW YORK, NY – MAY 28: Ryan Serhant is seen at photoshoot in soho on May 28, 2020 in New York City. … [+] (Photo by Raymond Hall/GC Images) GC Images While Bravo made Ryan Serhant a household name, it’s his innovative, forwarding-thinking approach to selling real estate that’s made him one of the top brokers in
An American Airlines Group Inc. plane prepares for landing at LaGuardia Airport (LGA) in New York, U.S., on Tuesday, April 18, 2017. Timothy Fadek | Bloomberg | Getty Images U.S. airline shares fell sharply Wednesday after state officials in New York, New Jersey and Connecticut said they were imposing a two-week quarantine on travelers arriving
A medical worker stands at the entrance to the New York Stock Exchange (NYSE) on the first day that traders are allowed back onto the historic floor of the exchange on May 26, 2020 in New York City. Spencer Platt This is a live blog. Please check back for updates. 8:46 am: Reopening trade falters
In order to adjust to shelter-in-place guidelines and lower your risk of contracting Covid-19, you might have changed your spending habits to make your quarantine life more functional and enjoyable, like maybe cutting out gym memberships but investing in online fitness classes and better Wi-Fi for your home office. Now, as states start opening back up, it might