A worker delivers groceries to a customer’s vehicle outside a Walmart Inc. store in Amsterdam, New York, on Friday, May 15, 2020. Angus Mordant | Bloomberg via Getty Images Walmart said Wednesday that it plans to back American manufacturers by spending an additional $350 billion over the next decade on items that are made, grown
There will be plenty of room to entertain at this newly sold Gramercy Park penthouse, which graces the top of The Tower, at 215 E. 19th St. We hear the buyer is Grindr founder Joel Simkhai, who sold his hook-up app in 2018 for around $245 million. The unit was asking $29.5 million — and
Shoppers enter a Michaels store in Miami, Florida. Scott McIntyre | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Rocket Companies – The online mortgage provider’s stock dropped close to 20% after a surprise rally in the previous session as analysts urged caution in the heightened speculative trading in the
Dan Gilbert, chairman, Quicken Loans Anjali Sundaram | CNBC Tuesday’s dramatic and abnormal spike in the stock of Rocket Companies created a major windfall for founder Dan Gilbert, at least on paper. Shares of Rocket, where Gilbert is the majority shareholder, jumped more than 70% on Tuesday, adding $17.30 per share. According to InsiderScore.com and
Signs calling for more relief, a second Paycheck Protection Program and more as part of a campaign by Goldman Sachs supporting small businesses near the U.S. Capitol on Jan. 5, 2021. BRENDAN SMIALOWSKI | AFP | Getty Images New $1,400 stimulus checks are set to go out once Washington lawmakers finalize a new coronavirus relief
A Reddit logo seen displayed on a smartphone with stock market prices in the background. Omar Marques | LightRocket | Getty Images Shares of Rocket Companies dropped more than 11% in premarket trading Wednesday following a surprise rally in the previous session, as Wall Street analysts raised red flags on the frenzy trading. The online
tupungato | iStock | Getty Images Between the federal stimulus package passed in December and the one making its way through Congress, there could soon be more than $45 billion in financial assistance available to those who’ve fallen behind on their rent. All states have already been allocated funds from a $25 billion pot of
A Nordstrom store in Irvine, California. Scott Mlyn | CNBC Nordstrom on Tuesday reported fourth-quarter sales and earnings that topped analysts’ estimates, thanks to stronger shopper demand online and growth at its off-price Nordstrom Rack business. But the company cautioned that it has been recently impacted by shipping delays, which held up some of its
JPMorgan Chase is looking to sublet big blocks of office space in Manhattan, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. The bank is looking to sublet just under 700,000 square feet at 4 New York Plaza in the Financial District and more than 100,000 square feet at 5 Manhattan West
A virtual art piece titled “Everydays: The First 5000 Days.” Created by digital artist Beeple, it’s the first NFT-based work of art to go on auction at Christie’s. Christie’s From art to sports trading cards, people are spending millions of dollars on digital collector’s items. These crypto collectibles, known as NFTs, have exploded in popularity
Customs and manners are so important to Japanese culture that many travel websites have sections dedicated to the topic. Japan is currently closed to international travelers, but the country is exploring ways to safely reopen before the start of the Tokyo Summer Olympics, which is scheduled for late July. Tourists aren’t expected to understand all
romrodinka | iStock | Getty Images You may already have noticed that you’re spending more to fill your car’s gas tank. Don’t be surprised if the price keeps ticking higher. The national average cost for a gallon of gas has increased by about 18 cents over the last two weeks, on the heels of reduced
The contents of the Starlink Kit for customers, which includes the satellite antenna dish, a stand, its power supply, and a WiFi router. SpaceX SpaceX plans to build a new factory in Austin, Texas – adding another expansion to the region from one of Elon Musk’s companies after the billionaire founder moved there last year.
Greg Abbott, governor of Texas, speaks during an Operation Warp Speed vaccine summit at the White House in Washington, D.C., on Tuesday, Dec. 8, 2020. Al Drago | Bloomberg | Getty Images The governors of Texas and Mississippi both announced Tuesday that they are lifting statewide mask mandates and allowing businesses to reopen at full
Matthew McConaughey just shelled out $7.85 million for a Hawaiian oasis. The “Dallas Buyers Club” star purchased the six-bedroom, six and a half-bathroom home at the brand-new Ka’upulehu Residence in December. Overflowing with “barefoot elegance,” it is part of the Kukio Beach and Golf Club community in Kailua-Kona, according to the listing. The McConaughey family now
A man plays a game on a smartphone. Brent Levin | Bloomberg | Getty Images Mobile game developer AppLovin is poised to become the latest online game provider to hit the public markets, joining a crop of companies to capitalize on a surge in usage during the pandemic. In its IPO prospectus on Tuesday, AppLovin