The coronavirus pandemic has upended the retail industry and pushed dozens of companies into bankruptcy. But there are still pockets of growth, with a number of retailers looking to open additional stores. Altogether, as of Friday, retailers have announced 7,707 store closures and 3,344 store openings so far this year, according to a tracking by
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View Pictures/Universal Images Group via Getty Images There is a great debate raging around the world on the future of office spaces. Many are trying to return to the way things were, while others claim the modern office is dead. Huge companies are following Twitter’s example in saying that their workforce can work from home
How can racial discrimination in mortgage lending be prevented getty That is the thrust of a recent article by Diana Olick in CNBC, which she terms “An outrageous tale that reveals Black discrimination in the housing market.” Her information comes from Akili Akridge, a black applicant who “had all the right stats: a steady six-figure
John David Washington stars in the upcoming spy-thriller “Tenet” from director Christopher Nolan. Warner Bros. After months of delays Christopher Nolan’s “Tenet” finally landed in U.S. theaters over the weekend, cashing in more than $20 million in ticket sales. The spy thriller, distributed by Warner Bros., inched closer to $150 million globally, the company reported,
Saving for retirement is hard enough without having to manage multiple investment accounts. With the proliferation of tax-advantaged accounts, however, many individuals juggle several if not more than a dozen retirement accounts. An investment tracking tool can help manage all of these accounts in one place, and below are the three best investment tracking apps
Roberto Arias prepares a grave for burial at Woodlawn Cemetery during the coronavirus disease (COVID-19) outbreak in Everett, Massachusetts, U.S., May 27, 2020. Brian Snyder | Reutes The U.S. will top more than 410,000 Covid-19 deaths by the end of the year as the country heads into the fall and winter, according to a new forecast from the Institute
WILMINGTON, DELAWARE – SEPTEMBER 04: Democratic presidential nominee Joe Biden speaks during a … [+] campaign event September 4, 2020 in Wilmington, Delaware. Biden spoke on the economy that has been worsened by the COVID-19 pandemic. (Photo by Alex Wong/Getty Images) Getty Images Joe Biden has promised a vast array of new spending — not,
WAN CHAI, HONG KONG, HONG KONG ISLAND – 2018/04/07: A Bitcoin ATM machine in Wan Chai, Hong Kong. … [+] (Photo by Miguel Candela/SOPA Images/LightRocket via Getty Images) © 2018 SOPA Images Popular virtual currency Bitcoin has been a news fixture since its introduction in 2009. If fact, Bitcoin is the world’s leading virtual currency,
The Tulum, Mexico, location of Outsite, a co-living and co-working start-up that has become popular with digital nomads, and is betting that work-life balance will become work-tourism-life balance amid the massive shift to remote work caused by Covid-19. Outsite With much of the professional world shifting to remote work and widespread acceptance of the concept among
Shoppers walking into a Lululemon store Scott Mlyn | CNBC How do investors pick stocks poised to outperform in the current environment? Stocks are tumbling in a tech-led selloff after reaching record highs over the last few weeks. However, even after the pullback, the S&P 500 has still surged almost 19% on a one-year basis.
The affects of indoor air quality is top of mind as we spend more time at home Is your vacuum spewing particles back into the air? picture alliance via Getty Images The EPA cites indoor air quality (IAQ) as one of the top five environmental risks to public health. Since the pandemic’s March shut down,
LOUISVILLE, KENTUCKY – MAY 04: The field heads down the backstretch during the 145th running of the … [+] Kentucky Derby at Churchill Downs on May 04, 2019 in Louisville, Kentucky. (Photo by Jamie Squire/Getty Images) Getty Images Trends, stats and this Saturday’s Run For The Roses I have a confession to make. I love
getty As tax time approaches for many, taxpayers and tax professionals alike are engaging in the annual ritual of gathering their cryptocurrency transactions and seeking out the latest and greatest guidance from the IRS on the subject. As luck would have it, the IRS recently released an internal memorandum fleshing out its stance on the taxation
Integrated circuits on a circuit board. The semiconductor industry has been in focus during the U.S.-China trade war. filonmar | E+ | Getty Images The Trump administration is considering imposing export restrictions on Semiconductor Manufacturing International Corporation, China’s largest manufacturer of semiconductors, according to a Defense Department spokesperson. The Department of Defense is in discussions over
Take a look at some of the biggest movers in the premarket: DocuSign (DOCU) – The provider of electronic signature technology reported quarterly earnings of 17 cents per share, more than doubling the 8 cents a share consensus estimate. Revenue also beat forecasts and DocuSign issued upbeat full-year guidance. Broadcom (AVGO) – Broadcom came in
Ariel Skelley | DigitalVision | Getty Images Saving for retirement could look very different during the pandemic. Especially vulnerable are independent business owners and the self-employed, who in the best of times are on the hook for not only funding their own future retirement but daily income, as well. Even before the pandemic, just 13% of those
After the financial crisis of 2009-2013 that led to a haircut on deposits of more than $8 billion, Cyprus introduced a “golden visas” scheme in order to exit recession. Indeed, the scheme significantly helped the country’s economy to return to positive growth rates in just three years. It also helped companies in the real estate
As the November election draws near, some attention has been focused on a particularly contentious plan by Joe Biden to eliminate the 401(k) deduction. In truth, Biden isn’t proposing to eliminate the 401(k) deduction as much as to replace it with a tax credit. AFP via Getty Images Be that as it may, defined contribution
getty The stretch IRA was a popular tool for extending the benefits of a tax-deferred account to a non-spouse beneficiary. The goal was to minimize the tax impact of the required minimum distributions (RMDs). Typically, it worked by having the account owner designate a child or grandchild as the beneficiary, who was then allowed to
A group of drugmakers competing to bring a coronavirus vaccine to market plan to issue a public statement as soon as next week that says they will not seek government approval until enough data has been collected to ensure the drugs are safe and effective, CNBC confirmed Saturday. An early draft of the joint statement