McCormick spices are displayed on a shelf at a supermarket on March 28, 2023 in San Anselmo, California. Spice Maker McCormick reported better-than-expected first quarter earnings with revenues of $1.57 billion compared to $1.52 billion one year ago. Justin Sullivan | Getty Images News | Getty Images Check out the companies making headlines in midday
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Guests attend a pool party in the penthouse apartment at the 50 United Nations Plaza building in New York. Michael Nagle | Bloomberg | Getty Images A shortage of luxury apartments in Manhattan is causing a surge in prices at the top of the market, even as broader apartment sales and prices come under pressure
Blackstone, the biggest owner of commercial real estate in the world, is placing its bets on the student housing rental market as demand surges worldwide. “Student housing is, I think where the opportunity is most specifically generating a lot of strong cash for us and our investors,” as universities seek more accommodations to satisfy growing
Taylor Swift performs onstage at Lumen Field in Seattle on July 22, 2023. Mat Hayward/tas23 | Getty Images Entertainment | Getty Images Taylor Swift fans forked out an average $2,183 for a resold ticket to a concert on the superstar’s The Eras Tour, according to resale research site TicketIQ. Now, ticket resellers may owe taxes
Zoran Zeremski | Istock | Getty Images Retirees who rely on Medicare for health-care coverage may see those benefits diminish in as soon as eight years. “It’s life and death for millions of older Americans,” Sen. Sheldon Whitehouse, D-R.I., said last week during a Senate budget committee hearing titled “Medicare Forever: Protecting Seniors by Making
Former US President Donald Trump speaks to members of the media while arriving for the second day of his civil fraud trial in New York on October 3, 2023. Kena Betancur | AFP | Getty Images Former President Donald Trump on Tuesday blasted New York Attorney General Letitia James as he headed into court for
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT The Rivian name is shown on one of the company’s new electric SUV vehicles in San Diego, California, Dec. 16, 2022. Mike Blake | Reuters Rivian Automotive on Monday reported record third-quarter electric vehicle deliveries and said it remains on track to produce 52,000 EVs
Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam Jeffery | CNBC Pershing Square’s Bill Ackman on Monday sounded alarms on the economy, which he believes has begun to decelerate on the back of aggressive rate hikes. “I think the Fed is probably done.
World’s top luxury group LVMH head Bernard Arnault presents the group’s annual results 2022 in Paris on January 26, 2023. Stefano Rellandini | AFP | Getty Images Billionaire LVMH CEO Bernard Arnault has hit back at allegations of money laundering, after the Paris prosecutor’s office confirmed it is investigating financial transactions between Arnault and Russian
In this article FDX PINS CRM ADBE MSFT Follow your favorite stocksCREATE FREE ACCOUNT Shantanu Narayen, CEO, Adobe. Mark Neuling | CNBC Investors are grappling with uncertainty after a difficult September left the major averages reeling. However, the current scenario also offers an opportunity to pick stocks that could generate attractive returns despite short-term pressures.
TikTok logo displayed on a cellphone. Hyoung Chang | Denver Post | Getty Images With consumers turning to social media for financial information, tax advisors are often battling misinformation spread by influencers on popular platforms like TikTok. Nearly 80% of millennials and Gen Zers have used social media for financial advice, according to a 2023
In many cases, applying early to college can give you an edge. By demonstrating a preference for a particular college, studies have shown, an early application can boost your standing, which goes a long way in the hyper-competitive world of college admissions. “There is certainly an admissions strategy with applying early,” said Shannon Vasconcelos, senior