An “Apartments For Rent” sign outside a building in the East Village neighborhood of New York, U.S. Gabby Jones | Bloomberg | Getty Images Manhattan rents rose 2% in November, dashing hopes that prices would cool and forcing many renters to give up their leases or downsize, according to brokers. The median rent for a
Tim Robberts | Digitalvision | Getty Images Coming up with enough money for retirement is a challenge for all workers. Women are more likely, at 50%, to say they’re behind, versus 35% of men, a new report from Goldman Sachs found. What’s more, 24% said they are “very behind schedule,” compared with 14% of men.
Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
A “For Sale” sign in front of a home in Sacramento, California, on Monday, Dec. 5, 2022. David Paul Morris | Bloomberg | Getty Images Lower mortgage rates are pulling some current homeowners back to the refinance market, but not enough to offset the drop in demand from homebuyers. Mortgage application volume fell 1.9% last
In this article CVNA Follow your favorite stocksCREATE FREE ACCOUNT Shares of Carvana plummeted by more than 40% during trading Wednesday after the embattled online used car retailer’s largest creditors signed a deal binding them to act together in negotiations with the company. The pact, as first reported by Bloomberg, includes creditors such as Apollo
In this article GME Follow your favorite stocksCREATE FREE ACCOUNT A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters GameStop said Wednesday its fiscal third quarter sales declined and its cash pile sharply dwindled, as the brick-and-mortar
In this article CVNA CPB STT TOL MDB JD Follow your favorite stocksCREATE FREE ACCOUNT A mascot of TripAdvisor is seen at its display at a trade fair. Axel Schmidt | Reuters Check out the companies making headlines in midday trading. Carvana — Shares of the online car dealership fell 42.9% after Carvana’s largest creditors
Luis Alvarez | Digitalvision | Getty Images If you’re just out of college, you may be wondering when the right time is to get started with a retirement savings plan. The answer is now, experts say. To that point, 55% of Americans already working think they are behind on saving for retirement, according to a
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, DC, on Thursday, Oct. 13, 2022. Ting Shen | Bloomberg | Getty Images After a series of crypto-collapses, scandals and bankruptcies, Americans’ views on cryptocurrency have soured sharply, with the
Thomas Barwick The deadline is fast approaching for mandatory retirement plan withdrawals, which may force some retirees to sell assets in a down market. But experts say there may be ways to reduce the negative effects. Required minimum distributions, known as RMDs, are yearly amounts that must be taken from certain retirement accounts, such as
The tax treatment of research and development (R&D) expenses is one of the biggest issues facing Congress as the year winds down. Since the beginning of 2022, companies have had to spread deductions for R&D costs out over five years, instead of deducting them immediately. This policy, known as R&D amortization, reduces economic growth by
The national average credit score sits at an all-time high of 716, unchanged from a year ago, according to a report from FICO, developer of one of the scores most widely used by lenders. However, this marks the first time since the Great Recession that scores did not improve year over year, the report found.
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines is reinstating its quarterly dividend that it suspended at the start of the Covid-19 pandemic in 2020, the latest sign of the airline industry’s recovery. The $54 billion in federal aid that airlines received to keep
In this article THO TOL PINS CPB Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Campbell Soup (CPB) – Campbell Soup beat estimates by 14 cents with adjusted quarterly earnings of $1.02 per share. Revenue also beat consensus and the food producer said its results were helped by
Cynt Marshall had never heard of Mark Cuban when he cold-called her in 2018. Finally returning his messages eventually led to her appointment as CEO of the Dallas Mavericks, Cuban’s NBA team. “He talked to me about the kind of culture transformation and leadership that he wanted for the business side of his basketball team,”
Matthias Clamer | Getty Images Long-term wealth-building strategies should not be an all-or-nothing game. Yet videos on YouTube, TikTok or Instagram may sometimes tout seemingly urgent get-rich-quick schemes. “At the end of the day, if there is some misinformation that’s keeping people on the platform for a very long time, that video might get surfaced
View of the Hong Kong skyline from Hong Kong Island. Ingo Schulz | imageBROKER | Getty Images Prices of Hong Kong’s residential properties plunged to a near five-year low as rising interest rates and a mass exodus of expat workers drove down prices in one of the world’s most expensive cities to work in. And
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Ted Sarandos attends the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Angela Weiss | AFP | Getty Images Netflix is likely to offer multiple subscription plans with ads in the future, the company’s co-Chief Executive Ted Sarandos said on
In this article MDB Follow your favorite stocksCREATE FREE ACCOUNT Dev Ittycheria, CEO of MongoDB Adam Jeffery | CNBC MongoDB shares rose 27% in extended trading on Tuesday after the database software maker surprisingly swung to a profit. Here’s how the company did: Earnings: 23 cents per share, adjusted, vs. a loss of 17 cents
The Klarna logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images Europe’s tech industry has lost more than $400 billion in value this year, according to venture capital firm Atomico. The combined value of all public and private European tech firms has fallen to $2.7 trillion from a peak