Turkish restaurateur Nusret Gokce aka Salt Bae arrives for the screening of the film “The Traitor (Il Traditore)” at the 72nd edition of the Cannes Film Festival in Cannes, southern France, on May 23, 2019. Loic Venance | AFP | Getty Images Oh, Bae, here we go again! The pricey steakhouse chain founded by sexy
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A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York, August 9, 2021. Andrew Kelly | Reuters Dow futures slipped slightly in overnight trading on Tuesday after the 30-stock average snapped a 5-day winning streak in the regular session. Dow futures fell 50 points. S&P 500 futures dipped
In this article HD Customers wearing protective masks wait to check out at a Home Depot store in Pleasanton, California, U.S., on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Home Depot shares tumbled nearly 4% in premarket trading Tuesday after the company said fewer customers visited its stores during the
In this article WMT HD RBLX EDR ME TME A Home Depot branded bucket at a Home Depot store in Hercules, California, U.S., on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Home Depot — The home improvement retailer’s shares dropped more
A company advertises a help wanted sign on April 09, 2021 in Pawtucket, Rhode Island. Spencer Platt | Getty Images Employment among the lowest-paid Americans has flatlined at a level well below its pre-pandemic baseline — even as mid- and high-wage workers have more than recovered. Jobs for workers who earn less than $27,000 a
katleho Seisa With inflation fears high and interest rates at rock-bottom lows, retirees may wrestle with how much cash they need during their golden years. The consumer price index, a key measure of inflation, increased by 5.4% in July from the previous year, and the average savings interest rates are still 0.06%, making cash reserves
Meme-inspired cryptocurrency dogecoin surged on Monday morning, hitting 35 cents. It’s now trading at around 33 cents and is up 10% in the last 24 hours, according to CoinMarketCap. This boost came after billionaire investor Mark Cuban told CNBC Make It last week that “the community for doge is the strongest when it comes to
In this article ETH.CM= BTC.CM= A visual representation of bitcoin. STR | NurPhoto via Getty Images LONDON — Bitpanda, a European cryptocurrency trading platform, has raised $263 million in a fresh round of funding valuing the company at $4.1 billion. That’s more than three times the $1.2 billion Bitpanda was worth in its last private
In this article WMT A shopper wearing a protective mask shops in a Walmart store on May 18, 2021 in Hallandale Beach, Florida. Joe Raedle | Getty Images Walmart is set to report its fiscal second-quarter earnings before the bell on Tuesday. Here’s what Wall Street is expecting: Earnings per share: $1.57, according to Refinitiv
Retail is in full focus this week. In earnings reports Tuesday morning, Walmart and Home Depot beat estimates. Major players such as Target, Kohl’s, Macy’s and Foot Locker will release results in coming days. July retail sales are also out Tuesday. All that data should reveal whether pent-up demand from the consumer was enough to
In this article BCH.CB= TSLA A view of dogecoin commemorative coins, Yichang, central China’s Hubei province, May 9, 2021. Costfoto/Barcroft Media via Getty Images Dogecoin, the cryptocurrency named after a meme of a shiba inu dog, is rallying again. The digital coin jumped as much as 10% on Monday to more than 35 cents, according
Hector Pertuz | iStock | Getty Images If you’re handling the financial affairs for an older person who has died, you may wonder how the government knows to stop sending Social Security payments. Or maybe there’s a surviving spouse or dependent who is hoping those benefits can continue. Although Social Security rules can be complicated,
Billionaire American businessman Jeff Bezos walks with Blue Origin’s President and CEO Bob Smith after Bezos flew on the company’s inaugural flight to the edge of space, in the nearby town of Van Horn, Texas, U.S. July 20, 2021. Joe Skipper | Reuters Jeff Bezos’ space company Blue Origin filed a complaint in federal court
Former Theranos CEO Elizabeth Holmes exits a status hearing for her upcoming criminal fraud trial. SAN JOSE, CALIF. — Elizabeth Holmes’ attorneys on Monday requested that they be allowed to ask jurors about bias and exposure to Holmes’ “profession and celebrity” when jury selection begins later this month in her criminal fraud trial. “When there
In this article HD Traders on the floor of the New York Stock Exchange. Source: NYSE U.S. stock index futures were slightly lower during overnight trading Monday, after the Dow and S&P 500 closed at record highs during regular trading. Futures contracts tied to the Dow Jones Industrial Average dipped 24 points. S&P 500 futures
Mineral-stained rocks are shown at Echo Bay on June 21, 2021 in the Lake Mead National Recreation Area, Nevada. Ethan Miller | Getty Images The U.S. government on Monday declared the first-ever water shortage at Lake Mead, the nation’s largest reservoir by volume, after water levels fell to record lows amid a decades-long drought. Water
dowell | Moment | Getty Images As stocks continue to hit record highs, you may be thinking about taking up investing. Since the Covid-19 pandemic hit, investors have been piling into stocks and alternative investments such as cryptocurrency. Fully 15% of current retail investors began playing the stock market in 2020, according to a Charles
New travel app Elude matches users and their budgets with affordable trips. Herman Sheer | Elude Thinking about finally taking that vacation, yet all you’re sure about is your budget? How about just your preferred activities, or that you want to pay for it with loyalty points? There are now travel apps for that —
Joan Bronson, of Chalmette Louisiana, is being treated for coronavirus disease (COVID-19) at the Ochsner Medical Center in Jefferson Parish, Louisiana, U.S., August 10, 2021. Kathleen Flynn | Reuters Persistent fatigue. Shortness of breath. Migraine headaches. These are a few of the symptoms that long-haul Covid-19 sufferers face. For some, it can make it impossible
Hero Images | Getty Images You may know that once you reach age 65, you’re eligible for Medicare. What surprises many people, say experts, is the cost. Even as Democratic lawmakers in Congress want to expand the health insurance program to cover dental, vision and hearing as part of their $3.5 trillion budget plan, those
In this article VGII SPCE Sir Richard Branson waves out the window of spacecraft VSS Unity before launching on July 11, 2021. Virgin Galactic Virgin Galactic founder Sir Richard Branson sold more of his ownership of the space tourism company this week, dumping another huge stake to fund his other ventures. The sales came as
In this article MNTS An artist’s rendering of a Momentus Vigoride transfer vehicle deploying satellites in orbit. Momentus Space company Momentus debuted on the Nasdaq on Friday, completing a nearly yearlong and turbulent merger process that resulted in a new CEO and the departure of its founders. “In terms of value for investors, I think
In this article CYXT A data center. Erik Isakson | DigitalVision | Getty Images Company: Cyxtera Technologies Inc. (CYXT) Business: Cyxtera is a global leader in the data center colocation and interconnection services. The company operates a footprint of more than 60 data centers around the world, providing services to more than 2,300 leading enterprises
In this article POSH VRRM PLUG TTD SQSP Plug Power GenDrive Fuel Cell with GenFuel hydrogen. Source: Plug Power Finding fresh investment opportunities in the current financial environment isn’t easy, to say the least. However, following the recommendations of analysts who consistently get it right is one way to find compelling plays that may be
Jillian Johnsrud has lived a life full of unconventional and, at times, uncomfortable financial choices. Long before tiny houses or “van life” were considered desirable, she put herself through college living in a camper. When she was in her mid-twenties, she, her husband Adam, and their then-11-year-old son shared a rental home with a housemate.
Traders on the floor of the New York Stock Exchange. Source: NYSE Retail earnings have never been better, but the delta variant remains the wildcard. In theory, this is a golden moment for retailers, which begin reporting earnings this week. Consider the following: The consumer is flush. The American consumer has never had more disposable cash
In this article SOFI DASH ME ABNB DIS Check out the companies making headlines before the bell: Walt Disney (DIS) – Walt Disney reported adjusted quarterly earnings of 80 cents per share, well above the 55-cent consensus estimate, with revenue beating forecasts as well. Disney’s performance was boosted by a rebound in U.S. theme park
Federal Reserve Chairman Jerome Powell adjusts his tie as he arrives to testify before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Capitol Hill in Washington, July 15, 2021. Kevin Lamarque | Reuters Shifting policy views amid unexpected economic data have opened the door
Residents walk through disinfectant spray as their residential community lifts epidemic-control lockdown on August 14, 2021, in Nanjing, Jiangsu Province of China. Ruan Zhong | Visual China Group | Getty Images BEIJING — China released economic data for July that showed slower-than-expected growth as the world’s second-largest economy battled floods and a resurgence of Covid-19.
A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 5, 2021. Andrew Kelly | Reuters Futures contracts tied to the major U.S. stock indexes slipped on Monday after data showed Chinese economic growth slowing more than expected. Dow Jones Industrial Average futures fell