Chicago’s Spoke Apartments is among a growing number of apartment buildings across the country positioned along established bicycle routes, helping increase their appeal to renters who bike to and from work, FitzGerald Associates Architects According to the U.S. Census Bureau, bicycling is the nation’s fastest-growing form of transportation. As such, cycling is exerting an ever-greater
VMware reported a top-and-bottom line beat in its quarterly report Thursday, but it’s stock tanked as much as 7% in after-market trading. Investors frowned on the cloud software company’s move to acquire both Carbon Black and Pivotal Software at a grand enterprise value of $4.8 billion, but CNBC’s Jim Cramer took a contrarian. “I like the cloud security space
Lowe’s reported second-quarter earnings that beat Wall Street’s estimates, sending its share surging by more than 7% in premarket trading. Here’s how the company did, compared with what Wall Street was expecting, according to Refinitiv consensus estimates: Adjusted earnings per share: $2.15, vs. $2.01 estimated Revenue: $20.99 billion, vs. $20.94 billion estimated Same store sales:
Kuni Takahashi | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Gap slid as much as 7% before settling around 1% lower in extended trading after the retailer posted second-quarter sales that missed estimates. The company reported adjusted earnings per share of 63 cents on revenue of $4.01
A trader works at the New York Stock Exchange in New York, the United States, on Aug. 5, 2019. U.S. stocks plunged on Monday as investors worry that U.S. President Donald Trump’s threatened new tariffs on Chinese imports will worsen trade prospects. The Dow Jones Industrial Average decreased 767.27 points, or 2.90 percent, to 25,717.74.
Experts have a message for anyone thinking about relying on basic Medicare with no extra coverage: Don’t do it. With deductibles, copays, coinsurance and — this is a biggie — no out-of-pocket maximum, the program has a variety of costs that make having no backup insurance a huge financial risk. “All it takes is one
“The best thing to hold onto in life is each other.”~Audrey Hepburn They are your rock, your anchor, your best friend. And while you might be able to live without your spouse or significant other, you don’t ever want to. And as it turns out, there’s not only a romantic, but a practical reason for that—one that
Share to facebook Share to twitter Share to linkedin Analysts believe 2019’s low unemployment rate means any economic stimulus from a payroll tax cut would be nominal. ASSOCIATED PRESS Topline: President Trump said Tuesday he is considering a payroll tax cut that would put money back into everyday Americans’ pockets, but it could impact funding
A serial killer who preyed on gay men along the US east coast has been executed in Florida. Gary Ray Bowles was executed by lethal injection after the Supreme Court rejected a last-ditch appeal. Bowles admitted to killing six men in 1994 from Florida to Maryland but was only convicted of three deaths. Sometimes dubbed
Farmers could soon get a better understanding of how pigs are feeling thanks to artificial intelligence. The technology, which is in its early stages, scans the animals’ faces to try and identify whether an animal is stressed or happy. Scientists at the Bristol Robotics Laboratory say farmers have a moral obligation to enhance the welfare
From the time he was a high school student, Rohit Kalyanpur thought it was peculiar that although it’s possible to create energy from a solar panel, the panels have long been used almost exclusively on rooftops and as part of industrial-scale solar grids. “I hadn’t seen [anything solar-powered] in the things people use every day
This ranch-style home in Ojai, California mixes frontier charm with contemporary design. Douglas Elliman Aside from the boutique hotels and hip art galleries, Ojai, California is virtually Los Angeles’ frontier—chock-full of ranches, horse trails, and arresting heroes ready to claim their stake in town. For its 7,500-plus residents, life here represents a change of pace, a
In this photo illustration, the new Impossible Whopper sits on a table at a Burger King restaurant on August 8, 2019 in Brooklyn, New York. Drew Angerer | Getty Images Investors are rushing to get a piece of privately held Impossible Foods before it goes public, according to the Wall Street Journal. Brokers handling transactions
Back-to-school shopping at a Target store in West Hollywood, California. Joe Scarnici | Getty Images Target‘s second-quarter profit jumped 17%, beating Wall Street estimates and propelling the company to raise its outlook for the rest of the year, the company said Wednesday. CEO Brian Cornell said the company had “outstanding performance” during the first half
Robert Kaplan at Jackson Hole, Wyoming David A. Grogan | CNBC Dallas Fed President Robert Kaplan would like to avoid additional stimulus but is keeping an “open mind.” “I’d like to avoid having to take further action but I think I’m going to have an open mind about taking action over the next number of
Google had its IPO 15 years ago, and it was a big deal for a couple of reasons. First of all, Google’s IPO was a glimmer of hope after the dotcom bust. And Google was trying to reinvent the IPO by making it more transparent, using a process called a Dutch Auction. Today, the IPO
Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Arturo Estrella, the economist who first discovered the predictive power of the yield curve, has a message for recession naysayers: It could hit sooner than you think. “It’s been 50 years and 7 recessions with a perfect record,” Estrella told
With fears about a possible recession on the horizon, people are coming up with different ways to get their hands on some cash. Some may even be thinking about taking out a home equity line of credit as an insurance policy in case the economy goes south. Those concerns were renewed on Thursday when a
As broke investors worry more and more about a stock market crash, billionaires are quietly loading up on their favorite dividend paying stocks. Investing for growth and income, these “country clubbers” know how to 4X their yields without taking on any additional risk. Who would you rather invest with? Obviously, the rich guy or gal
Former U.S. Federal Reserve Chairman Paul Volcker In an unfortunate decision, three of the four voting members of the board of the Federal Deposit Insurance Corporation (FDIC) voted to significantly gut the Volcker Rule, a risk reduction cornerstone of the Obama era financial reform law, The Wall Street Reform and Consumer Protection Act (Dodd-Frank). The
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