Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike reported quarterly earnings of 93 cents per share, well above the 51 cents a share consensus estimate. Revenue beat forecasts by a wide margin and exceeded $12 billion for the first time. Nike benefited from pent-up demand for its
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d3sign | Moment | Getty Images The Earth is heating up and the effects — droughts, hurricanes, wildfires, to name a few — are getting more common and severe. Yet consumers can do something about climate change — in simple ways that also save money. “It’s a bunch of little things that add up,” said
Getty Images Amid the recent real estate bull market, one fact has been often overlooked: More than half of home ownership growth over the past decade has come from the Latino population. That trend is expected to continue. A study by the Urban Institute forecasts Latino buyers will comprise 70% of home ownership growth from
In this article NKE CNBC’s Jim Cramer on Friday advised investors to wait for shares of Nike to cool down before buying after the stock rallied double digits on a quarterly report that beat expectations by a long shot. “While the stock’s far from cheap, business is booming, so you’ve got my blessing to buy
MoMo Productions | DigitalVision | Getty Images Americans saving in a 401(k) plan may have money stashed in a robo-advisor — and they might not even know it. Robo-advice is basically professional money management guided by an algorithm (a robot, so to speak), largely allowing investors to be hands-off. Companies offering a retirement benefit are
As high school graduation festivities come to an end, a new milestone is ahead for families of first-year college students — making the first tuition payment. Invoices for the fall semester are often sent out at the beginning of July and payments are typically due the first week of August. Yet some families still may
Loss carryover provisions allow businesses to either deduct current year losses against future profits (carryforwards) or current year losses against past profits (carrybacks). Many companies have investment projects with different risk profiles and operate in industries that fluctuate greatly with the business cycle. Carryover provisions help businesses “smooth” their risk and income, making the tax
CNBC’s Jim Cramer on Friday advised investors to keep a clear mind in the coming days as Wall Street readies to digest the June jobs report out in a week. The report will be pivotal due to the ongoing debate about rising consumer prices in the U.S., he said. “Next week’s all about Friday’s nonfarm
In this article TSLA TWTR Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014. Lucy Nicholson | Reuters Tech billionaires Elon Musk and Jack Dorsey have agreed to discuss bitcoin with each other at an event in July. In a bizarre Twitter thread,
With less than a month to go before Jeff Bezos embarks on his “greatest adventure” with a trip to space, more than a few people here on Earth are making it known they’d prefer it if the wealthiest man on the planet takes a one-way trip and remains in orbit. A petition on Change.org entitled
FatCamera | E+ | Getty Images The push for a higher federal minimum wage could help those who are underpaid, particularly child-care workers. However, raising that minimum pay rate could also make child care unaffordable for many families. Such is the Catch-22 that policymakers now face as they look to rebuild the economy from the
Andrew Cleland Source: Andrew Cleland Andrew Cleland tries not to panic about his eviction hearing on July 6. Instead, the 75-year-old focuses on what he can do to keep himself and his 82-year-old wife, Carol, in their apartment. He’s applied for rental assistance. He’s planned how he’ll travel to the courthouse. A recent accident ruined
In this article TSCO Honoree Hal Lawton accepts award on stage during the 2019 Fashion Scholarship Fund Awards Gala on January 10, 2019 in New York City. Cindy Ord | Getty Images Tractor Supply Company has increased prices across its business in the face of inflation and supply chain constraints, headwinds that the retailer’s CEO
Virgin Galactic SpaceShipTwo spacecraft Unity during a glide flight test in New Mexico. Virgin Galactic Virgin Galactic — Virgin shares soared more than 36% after it announced the Federal Aviation Administration has given it the green light to fly paying customers into space. It’s the first such license approved by the FAA. The company has
Sir Richard Branson, left, and CEO Michael Colglazier celebrate the company’s third spaceflight test on May 22, 2021. Virgin Galactic Jeff Bezos plans to launch himself to the edge of space on July 20, but fellow billionaire Sir Richard Branson might still try to fly with Virgin Galactic first. Virgin Galactic leadership previously stated the company
In this article US10Y A view of an apartment building in the Chelsea neighborhood of Manhattan, New York City. Drew Angerer | Getty Images Retirees who are worried about inflation eroding the value of their income may want to check out real estate investment trusts. REITs are companies that own and/or operate properties like shopping
One of the most important crossroads on the way to small business success — and one that nearly every entrepreneur will encounter at some point — is incredibly treacherous: deciding whether to take on a partner. How you navigate it can make the difference between success and unmitigated disaster. Done right, a partnership can propel
A building in Massachusetts where some tenants are not paying rent. Source: Howard Simon The one-month extension of the Centers for Disease Control and Prevention’s eviction moratorium was welcome news for tenants but another nail in the coffin for some struggling landlords. Groups representing landlords had been lobbying hard to end the moratorium and now
The Waveswing device is now ready for testing. A project centered around the development of a subsea wave energy converter has taken another step forward after its two major constituent parts were joined together at a facility in Scotland. According to a statement from AWS Ocean Energy on Wednesday, the assembly, which it described as
Football fans watch UEFA Euro 2020 Championship Group A match between Wales and Switzerland at a pub on June 12, 2021 in Shanghai, China. Chen Yuyu | Visual China Group | Getty Images BEIJING — After home appliance company Hisense became the first Chinese sponsor for the UEFA European soccer championship in 2016, three other