People walk through the King of Prussia mall, on Black Friday, in King of Prussia, Pennsylvania. Sarah Silbiger | Reuters Instead of rushing to malls, Black Friday shoppers largely headed to retailers’ websites this year. The deal-heavy holiday came in the middle of a sales season that began in October and will stretch beyond Christmas.
Welcome to 1015 Summit Ave., home to four of NYC’s least-expensive abodes for sale. According to listings portal StreetEasy, prices in the 38-unit building range from a $60,000 studio — which the site lists as the city’s cheapest apartment — to a $75,000 one-bedroom. At least six apartments there have listed since August, offering buyers
Moderna in Cambridge, MA is pictured on Feb. 28, 2020. David L. Ryan | The Boston Globe via Getty Images Check out the companies making headlines midday Monday: Moderna — Shares rallied more than 14% after the drugmaker said its coronavirus vaccine candidate was more than 94% effective in preventing Covid-19 during a trial. The
krisanapong detraphiphat | Moment | Getty Images The rising economic power of women in this country is one of the most significant financial shifts of recent decades. The bottom line: Women are generating and managing an increasing amount of wealth in the U.S. Today, women control more than $10 trillion (about 33%) of total U.S.
Traders work on the floor of the New York Stock Exchange. NYSE For most of the eight months since the Covid crash culminated, the stock market’s recovery has fed off rampant doubt, disbelief and cognitive dissonance toward resurgent asset prices set against a severely damaged economy. No more. Wall Street’s rally has now entered the
For those pursuing a career in notoriously cutthroat industries like music or acting, social media fame offers a great way to sneak in through the proverbial back door, so to speak. One of the finest examples of success on that front is Andrew Bazzi, now known mononymously by his surname, who first rose to viral
SDI Productions | E+ | Getty Images Some taxpayers are just now receiving a scary letter from the IRS: a warning that the federal taxman will seize their state income tax refund. As recently as this fall, the IRS has issued a so-called “notice of intent to levy” to taxpayers with an outstanding balance. The
People wait to visit a house for sale in Floral Park, Nassau County, New York. Wang Ying | Xinhua News Agency | Getty Images Strong, pandemic-induced demand for housing is still there, but buyers may now be hitting an affordability wall. Pending home sales fell 1.1% month-to-month in October but were 20.2% higher compared with
Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, wears a protective mask during a news conference in the White House in Washington, D.C., U.S., on Thursday, Nov. 19, 2020. Chris Kleponis | Bloomberg | Getty Images Dr. Anthony Fauci, the nation’s top infectious disease expert, said on Sunday that the U.S.
One of Wall Street’s biggest bulls expects another market breakout. Capital Wealth Planning’s Jeff Saut sees the S&P 500 hitting 4,000 before year-end — a 10% gain from Friday’s close and an 83% gain from the March 23 low. “Earnings are going to continue to come in better than most people think,” the firm’s advisory
Commercial air travel has come a long way since the “Golden Age of Travel” — an era marked by glamour, gourmet food and dapper passengers. While complaints about smaller seats and expensive tickets are rife today, a look into the history of commercial aviation shows that today’s customer experience may not be as bad
Traders work the floor of the New York Stock Exchange. NYSE A big year-end rally? Don’t get too excited yet. December is traditionally an up month: Since 1945, the S&P 500 rose nearly 1.5% in all Decembers and advanced in price 73% of the time, according to Sam Stovall at CFRA Research. But hopes for the
The IRS Office of the Chief Procurement Officer has partnered with Data and Analytic Solutions of Fairfax, Virginia, and with academic researchers to use data analysis to improve IRS procurement operations. The team will consist of procurement practitioners as well as university professors and students with procurement and experience in machine learning, a form of
An exhibitor shows inactivated COVID-19 vaccine candidate from China National Biotec Group of Sinopharm Group during the 2020 China International Fair for Trade in Services at the Beijing Olympic Park on September 5, 2020 in Beijing, China. Han Haidan | China News Service | Getty Images SINGAPORE – Developing countries may face a long wait
Most Manhattan offices remain sparsely populated, but developers and landlords are confident the work-from-home phenomenon is temporary. Which is why they believe that office towers have a bright future — and their success will spill over into the residential neighborhoods around them. The folks at Related Cos. shared with us some recent cheery data from
Stock futures rose slightly in overnight trading on Sunday as the market looks set to finish November with historically strong gains. Futures on the Dow Jones Industrial Average gained 64 points. S&P 500 futures traded 0.3% higher and Nasdaq 100 futures gained 0.5%. The blue-chip Dow has risen 12.9% so far this month, on pace