Richard ‘Rich’ Barton, co-founder and CEO of Zillow Inc. Andrew Harrer | Bloomberg | Getty Images Zillow shares climbed more than 8% in extended trading on Thursday after the digital real estate company reported third-quarter estimates that blew past analysts estimates and offered a better-than-expected forecast for the fourth quarter. A combination of record low
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In the spring, U.S. medical workers were heralded as heroes. But by the fall, the rhetoric had started to shift, with the public growing increasingly fatigued by the coronavirus pandemic and President Donald Trump accusing doctors of inflating Covid-19 death counts for money. With the death toll from the coronavirus continuing to tick up, many
It just got easier for residents of major world cities to find the best tipples in town. The World’s 50 Best Bars were announced on Nov. 5 in London via a virtual awards ceremony, with the city’s Connaught Bar clinching the No. 1 spot. The bar — which ranked No. 2 last year — traded
Omar Marques | LightRocket | Getty Images The U.S. government seized an unprecedented $1 billion worth of bitcoin linked to criminal marketplace, the Silk Road. Thousands of bitcoins were taken by law enforcement this week, in what the Justice Department said was the largest seizure of cryptocurrency in the history of the agency. “Silk Road
Americans appear to want divided government, and that could spell good news for growth stocks, CNBC’s Jim Cramer said Wednesday. “Finally, we can stop fretting about politics and start focusing on business and your money again, because a divided Congress and a blue White House … is nirvana for growth stocks,” the “Mad Money” host
Ozge Yagmur / EyeEm | EyeEm | Getty Images Voters in four states on Tuesday greenlighted measures to legalize and tax recreational marijuana for adults. Arizona, Montana, New Jersey and South Dakota have joined the 11 states that have already legalized recreational pot. Those other states are Alaska, California, Colorado, Illinois, Maine, Massachusetts, Michigan, Nevada,
By Kerry Hannon, Next Avenue Entrepreneur Dennis Bozzi Dennis Bozzi Starting a business on a wing and a prayer is a fool’s game. That’s why older Americans eyeing entrepreneurship, perhaps in response to a layoff or an early retirement package, are seeking courses and programs to learn business skills and explore the possibility of being
App-based drivers from Uber and Lyft protest in a caravan in front of City Hall in Los Angeles on … [+] October 22, 2020 where elected leaders hold a conference urging voters to reject on the November 3 election, Proposition 22, that would classify app-based drivers as independent contractors and not employees or agents. (Photo
The Growing Popularity Of “Zoom Towns” getty As remote working has boomed during COVID-19, the rise in the number of people working from home has prompted many to reconsider where they wish to live. It’s causing what new research from the University of Utah refers to as “Zoom Towns”, which are places that have experienced a
Uber shares dropped as much as 4% after-hours Thursday as the company reported third quarter revenue that missed Wall Street’s expectations, but picked up during the company’s earnings call when the CEO said there are early signs its core ride-hailing business would fully recover from the Covid 19 pandemic. Here’s how the company performed versus what Wall
Bottles of Constellation Brands Kim Crawford Sauvignon Blanc wine sit on display for sale inside a BevMo Holdings store in Walnut Creek, California. David Paul Morris | Bloomberg | Getty Images Softbank-backed delivery startup goPuff on Thursday said it will acquire alcoholic beverage chain BevMo! for $350 million, paving the way for the company to
As vote counting continues in key battleground states like Georgia and Pennsylvania, where Vice President Joe Biden has taken the lead over President Donald Trump on Friday, Libertarian presidential candidate Jo Jorgensen says third party candidates don’t “take” votes from other parties. “I don’t consider it taking votes, because those votes belong to the American
People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. Jason Lee | Reuters BEIJING — Just days after the abrupt suspension of Ant Group’s IPO — which was set to be the world’s largest offering — China’s financial authorities emphasized the need to ensure sufficient
Jamie Dimon, CEO, JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit, December 6, 2018. Janhvi Bhojwani | CNBC JPMorgan Chase CEO Jamie Dimon told employees that they must have faith in the U.S. election process and patience to await a final determination. “While strong opinions and tremendous passion characterized this U.S. election,
Gary Yeowell | DigitalVision | Getty Images If you worked remotely from a different state while waiting out the pandemic, you just might wind up facing a tax surprise when you file next year. That’s because the longer you work away from your home base, the higher the likelihood you could have tax reporting and
When you’re saving for retirement, keep in mind that Medicare premiums include surcharges for … [+] high-income earners. getty The Centers for Medicare & Medicaid Services has announced Medicare Part B premiums for 2021, and the base premium increases just 2.7% from $144.60 a month to $148.50 a month. That $3.90 monthly increase compares to a
If Republicans keep the Senate, Joe Biden’s proposed tax hikes on business and the wealthy are … [+] unlikely to become law. Getty Images While there are some votes still being counted (and even more being contested) there is enough certainty to provide at least an early bird take on taxes – in both the
Private outdoor space, like this setting at Brooklyn’s 175 Spencer, is among the must-have amenities … [+] for many of today’s multifamily renters and owners. MNS Even as the mercury slowly ebbs around the much of the country, one big multifamily selling point of summer 2020 continues to carry appeal. The new must-have amenity for
Dr. Scott Gottlieb, former FDA chief under President Donald Trump, on Friday urged the White House to step up its response to the coronavirus pandemic, regardless of the outcome of the election. While the U.S. awaits a projected winner in Tuesday’s election between Trump and Democrat Joe Biden, the nation’s latest resurgence of Covid-19 cases has
Wells Fargo Securities’ Christopher Harvey won’t buy the post-election bounce. “You want to fade this rally,” the firm’s head of equity strategy told CNBC’s “Trading Nation” on Wednesday. “It’s about stimulus. We now have — or what we believe we have — is [Joe] Biden as president and no longer a blue wave.” Harvey contends