U.S. stock futures traded slightly higher Friday, as investors monitored progress in U.S.-China trade talks and looked ahead to upcoming jobs data. As of 01:40 a.m. ET, Dow futures were up 33 points, indicating a higher open of 31, while the S&P 500 and Nasdaq were also in positive territory. On Thursday, the Dow closed
GrubHub will continue investing in its long-term strategy and differentiate itself in the crowded online food ordering space even as its stock faces pressure, CEO Matt Maloney told CNBC. “I have always been willing to be extremely aggressive investing in the future,” he said in a Thursday one-on-one with “Mad Money‘s” Jim Cramer. Cramer noted
An interview with billionaire developer and founder of Caruso, Rick Caruso, and divisional president at CBRE, Lewis Horne. In this interview, the gentlemen discuss getting started in the real estate development industry and give advice to those just starting. The gentlemen also discuss property developments throughout their careers and the future of real estate. Like
College-sponsored bank accounts ding students with millions of dollars in fees each year, according to a report by the Consumer Financial Protection Bureau. The Education Department under President Donald Trump never published the analysis but advocacy groups recently obtained it through a Freedom of Information Act request. The bureau reviewed 573 colleges across the country
European stocks are set to open slightly higher Friday morning, after U.K. lawmakers voted to delay a potentially chaotic exit from the European Union for at least three months. The FTSE 100 is seen 10 points higher at 7,195, the CAC is expected to open little changed from the previous session at 5,350, while the
Back a couple weeks ago, a news item appeared at CNN: “It just became easier for employers to dump retirees’ pensions.” The headline suggests that employers are simply defaulting on their obligation to pay pension benefits. The reality is that the Trump administration restored permission to employers to offer to its retirees, in a time-limited
Spring has sprung, but so has tax-return stress. Need a filing extension? Trying to figure out whether to pay estimated taxes for your 2019 income? To avoid IRS penalties in these matters, you must be sure you’re following the rules. Getty “April is the cruellest month,” famously wrote the poet T.S. Eliot. If you haven’t yet filed your
Tax-delinquent properties can be both scary and very attractive to real estate investors. They can be risky if you aren’t aware of the full situation, but they may also be undervalued deals with lots of potential. These properties are often sold at deep discounts to homebuyers, landlords and rehabbers, and tax lien certificates can be
Cloud stocks took a tumble during the trading session that was potentially fueled by investment funds raising cash to get ready for the next big initial public offering, CNBC’s Jim Cramer said Thursday. While the S&P 500 tallied its first six-day winning streak in more than a year, the biggest cloud names were in the
Constellation Brands said strong beer sales helped it to beat Wall Street’s expectations for its fiscal fourth-quarter as it positions itself to adapt to changing consumer tastes. Shares of the Corona and Modelo beer producer rose as much as 3 percent before losing those gains in premarket trading Thursday. The stock has a market value
J.P. Morgan Chase CEO Jamie Dimon did not condemn the White House’s decision to face off with China on trade. Even if it’s a drag in the near-term. When asked whether he thought the trade dispute was one we should have entered into, Dimon said “absolutely.” “We’re better off dealing with it now, whatever that
MacKenzie Bezos announced on Twitter on Thursday that she and Jeff Bezos have completed the process of dissolving their marriage, leaving her with $35.6 billion in Amazon stock. MacKenzie Bezos said she was “happy” to be giving her ex-husband 75 percent of their stock in Amazon along with voting control of her shares. She also
Canopy Growth could generate more than $1 billion in revenue by the end of its fiscal year, Constellation Brands CEO Bill Newlands told CNBC Thursday. Constellation, which makes Corona and Modelo beers, has a 38% stake in the cannabis company, which is the largest medical marijuana producer in Canada. “If you look at Canada alone,
Unhappy with your 2018 tax return? Now’s the time to correct course to avoid the same outcome next year. This spring marks the first time that taxpayers are filing under the Tax Cuts and Jobs Act, an overhaul of the tax code that went into effect in 2018. The new tax law roughly doubled the
Lana Pol’s small businesses are enjoying big savings under the new tax law — at least for now. The entrepreneur runs four small companies across Iowa, including Mowbility Sales & Service, which sells agricultural equipment, and Geetings Inc., a trucking and warehousing business. Pol said she saw a drop in her overall tax burden this
The House and Senate unveiled similar bipartisan retirement savings bills this week. Among the differences: The House bill, approved on April 2 by the Ways & Means Committee, would allow penalty-free withdrawals of up to $5,000 from Individual Retirement Accounts to pay the costs of a birth or adoption. The Senate measure would not. I’m
Getty It’s my annual Taxes from A to Z series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can claim home office expenses or whether to deduct a capital loss under the new law, you won’t want to miss a single letter. S is for Security Deposit. If
Share to facebook Share to twitter Share to linkedin The new floors of the 212 5th Ave penthouse. VisualHouse Pre-war buildings bring glamour, authenticity and a lot of headaches. To make this 1912 former manufacturing warehouse into a 48-unit luxury condo building the developers had to wrestle with a steel structure that didn’t rise in straight lines and
Tesla CEO Elon Musk said he respected the U.S. judicial process, but chuckled when asked if he felt the same about the Securities and Exchange Commission as he entered a federal courthouse Thursday for a showdown with the federal agency. Musk is in New York for a hearing on contempt charges requested by the SEC
It’ll be a bad sign for the market if J.P. Morgan Chase’s stock doesn’t rally when it reports earnings next week, Jim Cramer said Thursday. J.P. Morgan is scheduled to report first-quarter earnings before the market opens on April 12. Cramer, host of CNBC’s “Mad Money,” said the bank has been a “lead dog” of