The AvalonBay Communities Park Loggia condominium, center, stands at 15 West 61 Street in New York, May 15, 2019. Mark Abramson | Bloomberg | Getty Images Sales of Manhattan properties jumped for the first time in a year and a half, but the good times aren’t likely to last. Real estate sales volume in Manhattan
Month: July 2019
Chinese Premier Li Keqiang addresses a press conference on Nov. 28, 2017. Attila Kisbenedek | AFP | Getty Images DALIAN — Chinese Premier Li Keqiang on Tuesday pledged to an assembly of global business leaders and government representatives that Beijing will push to create an equal playing field in the country for all companies. As
Stocks may have brushed up against record highs Monday. However, a looming threat is just a couple weeks away once profit reports from the second quarter hit. Analysts have been taking a dimmer view of what is ahead for earnings. They’ve already forecast a decline for the first three quarters of 2019. Now companies are
A replica ‘Betsy Ross Flag’ is posted on the side of the Betsy Ross House in Philadelphia, Pennsylvania on August 27, 2016. Raymond Boyd | Getty Images Nike is pulling sneakers featuring an early American flag after former NFL football player Colin Kaepernick told the company it shouldn’t sell a shoe that he and others
Starting today, an estimated 7.5 million California workers soon will have access to workplace retirement savings. That’s due to CalSavers, the Golden State’s automatic individual retirement account enrollment plan, which officially begins on Monday. The program was established after the state required employers with five or more employees to either join CalSavers or begin offering
10’000 Hours | DigitalVision | Getty Images Doling out advice on money matters is the stock in trade of the financial advisor. After all, it’s in their job title. So financial advisors, financial planners, wealth managers and the like are used to offering up advice on a daily basis to paying customers. But what about
Gas prices over $4.00 a gallon are displayed at a gas station on May 24, 2019 in Mill Valley, California. Justin Sullivan | Getty Images California’s already-high gas prices jumped up again on July 1, with a new 5.6 cents per gallon gasoline tax hike. The increase brings the average price per gallon in California
It’s really hard to put a dollar value on the data that anyone delivers internet platforms. What’s the value of a tweet? A Facebook profile that tells you the birthday your closest relatives? Democratic Sen. Mark Warner and Republican Sen. Josh Hawley want to require big tech companies to report the value of our data,
James Dolan, President and CEO of Cablevision. Matthew Stave | Bloomberg | Getty Images New York Knicks James Dolan has never made the team his number-one priority, much to the chagrin of the NBA team’s exasperated fan base. But many Knicks fans may not know that Dolan’s latest passion project involves futuristic, dome-shaped arenas with
An aircraft marshaller guides a Southwest Airlines Boeing 737 aircraft to a gate at John Wayne Airport airport in Santa Ana, California. Patrick T. Fallon | Bloomberg | Getty Images Southwest Airlines expects it will have to remove the grounded Boeing Co 737 Max jets from its flying schedule beyond the current October 1 re-entry
You’re working as hard as you can, living the only life that seems possible, but that should not mean just keeping afloat. Yet who has time to make budgets and figure out financial planning? Well, if you don’t want to work forever, it is a worthwhile investment to spend some time learning some money basics.
SpaceX owner and Tesla CEO Elon Musk reacts during a conversation at the E3 gaming convention in Los Angeles, June 13, 2019. Mike Blake | Reuters UBS slashed its earnings forecast and price target for Elon Musk’s Telsa, the firm said Friday. Improved deliveries in the second quarter could drive Telsa shares in the near
President Donald Trump has railed repeatedly about the Federal Reserve’s “quantitative tightening” and the impact it has had on economic growth during his administration. The program will be over soon, which may not bring as much relief as Trump thinks. One reason the president may not want to get his hopes up too much is
Chinese employees working on an energy-saving bulb production line in Suining, Sichuan province, China. STR | AFP | Getty Images China’s manufacturing activity shrank unexpectedly in June, coming in at its weakest level since January, according to a private survey. The Caixin/Markit factory Purchasing Managers’ Index for June was 49.4. Analysts polled by Reuters had