Image Source | Getty Images Fast-growing prices in the housing market, as well as low interest rates, are enticing more investors to buy homes, renovate them quickly and sell them for a profit. But while home flips are rising and investors are expecting growing returns, the profits are falling. Close to 95,000 homes were flipped
A person waits in a queue for a coronavirus disease (COVID-19) test in Times Square as the Omicron coronavirus variant continues to spread in Manhattan, New York City, U.S., December 19, 2021. Andrew Kelly | Reuters Mayor Bill de Blasio on Monday said New York City is experiencing a rapid surge of omicron infections, but
In this article WEED-CA CCL DVN FANG ORCL The Carnival Cruise Ship ‘Carnival Vista’ heads out to sea in the Miami harbor entrance known as Government Cut in Miami, Florida June 2, 2018. RHONA WISE | AFP | Getty Images Check out the companies making headlines in midday trading. Carnival — Shares of Carnival rose
If Mark Cuban could solely invest in one personality trait, it would be confidence. On Friday’s episode of ABC’s “Shark Tank,” the billionaire investor said he rejected one start-up founder’s pitch for that exact reason. The founder, Liv Bowser, launched her Los Angeles-based mental health company Liberate in May 2020. The start-up offers instructor-led Zoom
Sen. Joe Manchin, D-W.Va., walks outside of the Senate Chamber on Capitol Hill on Dec. 9, 2021. Kent Nishimura | Los Angeles Times | Getty Images The “backdoor Roth” tax strategy used largely by wealthy retirement savers and slated to be killed next year has survived — for now. The loophole lets rich 401(k) and
A look at a word leader in building materials and composite solutions which is benefitting from increased construction spending.
In this article MRNA Empty bottles of Moderna Covid-19 vaccine are pictured in a vaccination center in Garlan, western France, on December 13, 2021. FRED TANNEAU | AFP | Getty Images Moderna announced Monday that a third dose of its mRNA vaccine against Covid-19 appears to provide significant protection against the omicron variant. However, it
In this article EA UBI-FR A gamer uses a PS4 controller as he plays the new Ubisoft video game Watch Dogs Legion on October 28, 2020. Kenzo Tribouillard | AFP via Getty Images Gamers are a notoriously skeptical crowd. In 2018, for example, Electronic Arts faced huge backlash over a decision to let players pay
In this article TSLA Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory. In Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images Elon Musk faces a hefty tax bill this year — possibly the biggest in U.S. history. “For those wondering, I will pay
In this article PTLO ORGN CNBC’s Jim Cramer said Friday he sees long-term potential for newly public companies Origin Materials and Portillo’s, suggesting interested investors can buy their stocks under certain conditions. Here’s what the “Mad Money” host thinks about each of the businesses and their respective investment caveats. Portillo’s Cramer said he views Portillo’s
Traders work on the floor of the New York Stock Exchange (NYSE) on December 08, 2021 in New York City. Spencer Platt | Getty Images Stock futures fluctuated in overnight trading Sunday following a losing week as investors continued to grapple with the resurgence of Covid cases and an upcoming shift in the Federal Reserve’s
In this article DIS 6758.T-JP Tom Holland stars as Peter Parker in Marvel’s “Spider-Man: No Way Home.” Disney “Spider-Man: No Way Home” shattered pandemic box office records this weekend, opening with an estimated $253 million in ticket sales. Not only is this the highest film debut of 2021, it is the third-best opening of all