A customer carries a Chipotle Mexican Grill Inc. bag outside a restaurant in San Francisco, California, U.S., on Monday, July 20, 2020. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported quarterly same-store sales growth of more than 8%, but a shift to delivery is boosting costs and resulting in
Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China, January 7, 2019. Aly Song | Reuters Elon Musk’s electric car and renewable energy company, Tesla, reports third-quarter results after the bell on Wednesday. Here’s what Wall Street analysts are expecting, per an average of analyst estimates compiled by Refinitiv: Earnings
Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Netflix — The entertainment stock sank 6.5% after missing Wall Street expectations for third-quarter earnings and subscriber additions. Netflix added 2.2 million subscribers globally
Rep. Alexandria Ocasio-Cortez has had more than her fair share of viral moments, and the social media-savvy politician just added yet another to that list of online hits with one of the biggest debut Twitch streams ever. On Tuesday night, the 31-year-old congresswoman joined the Amazon-owned live-streaming platform, where she played a few rounds of
Whatever the outcome, the November presidential election promises to bring a period of uncertainty and volatility to the markets. However, equities are still your best long-term bet, two experts said on Tuesday at the CNBC Financial Advisor Summit, a day-long virtual conference for financial advisors. After hitting fresh highs even during the Covid-19 crisis, stocks
Getty Images It’s no secret that many people worry whether Social Security will be there for them when they retire. And recent headlines could be stoking those fears. Last week, the Social Security Administration announced the annual cost-of-living adjustment will be 1.3% in 2021. The change will amount to just $20 more per month for
People receive food at a distribution site during the coronavirus pandemic. Spencer Platt | Getty Images News | Getty Images Alaska and New Jersey Delays in $300 unemployment Delays are largely attributable to sluggish state administration, which has been hampered by antiquated, decades-old technology and an elevated level of jobless claims. More than 25 million
This combination of pictures created on September 29, 2020 shows US President Donald Trump (L) and Democratic Presidential candidate former Vice President Joe Biden squaring off during the first presidential debate at the Case Western Reserve University and Cleveland Clinic in Cleveland, Ohio on September 29, 2020. Getty Images For business tax expert Tony Nitti,
Getty getty The question I receive most from soon-to-be retirees is “where should I invest my money to generate sufficient income in retirement?” The focus on generating a high level of income may have been appropriate in decades past when rates were at more reasonable levels. For many investors, simply laddering a portfolio of government
If you are follow my writings, you’ll know that I often write about matters of personal finance using my company’s economics-based, personal financial planning software. What you may not know is that, together with UC Berkeley economist, Alan Auerbach, and other economists in academe, the Federal Reserve Bank of Altanta, my graduate students, and my
Custom made to order furniture is more accessible than ever. Emery Bastable/Society Social 2020 has been a year of collective realization about the importance of our living spaces and interior design. Not only are we all spending more time at home, but most of us are renovating, redesigning, and refreshing our spaces to fit the
The new electric Hummer from General Motors will live up to the reputation of its predecessors for being capable and over the top but in different ways than the gas-guzzling vehicles that previously bore the name. The 2022 GMC Hummer EV, which the automaker unveiled Tuesday night, is big, bold and flamboyant – all things someone
In this screengrab, Evan Spiegel, CEO of Snap, Inc., takes the stage at the virtual Snap Partner Summit 2020. Getty Images Snap said it’s seeing positive momentum in the ad market, including in the brand advertising segment that struggled in the early days of the the coronavirus pandemic. The company also said that Q3 results were
Take a look at some of the biggest movers in the premarket: Verizon (VZ) – Verizon beat estimates by 3 cents a share, with quarterly earnings of $1.25 per share. Revenue was essentially in line with forecasts. Verizon also increased the bottom end of its full-year earnings guidance, and added more phone subscribers than analysts
Daniel Balakov | E+ | Getty Images With billions of dollars flowing into sustainable investing strategies, it’s safe to say it’s no longer a fad. Investors are pouring cash into funds that use environmental, social and governance criteria to screen the companies they invest in. Even passive investors are jumping in: There were 534 sustainable
Some of the most noticeable names on Wall Street will have a role in Black Entrepreneurs Day online event this Saturday. Daymond John of “Shark Tank” fame, who said he was “frustrated” by the state of Black businesses in the face of the pandemic, said he leveraged his network in the business world to highlight
getty Women in their 40s and 50s will be faced with a big decision this open enrollment period for benefits and it is one on which they need to take the long view. As employees and their families review their medical plan options, many will have the option of a high-deductible-compatible health care plan. This is a
Topline A report from the New York Times reveals a decade of Donald Trump’s unsuccessful business activities in China, including an undisclosed bank account that paid nearly $200,000 in taxes, undermining his own exaggerated claims of Hunter Biden’s business dealings there, as well as his rhetoric that his Democratic opponent, Joe Biden, is soft on
Prasan Kale is CEO of Rise Buildings, a property technology platform powering connections between people & buildings. getty In the initial installment of this two-part series, we discussed how property owners are missing out on a significant opportunity to improve their NOI through incremental revenue related to the transactions of third-party goods and services in their
Members of the medical personnel move a patient suffering from the coronavirus disease (COVID-19) at the CHR Centre Hospitalier Regional de la Citadelle hospital, in Liege, Belgium October 20, 2020. Yves Herman | Reuters The coronavirus pandemic is accelerating across the globe as U.S. cases climb and at least 10 other countries, half in Europe,
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