It’s widely known that rents in South Florida, especially in Miami, are high compared to most cities, but what’s often overlooked is that apartments here are also smaller. The rent per square foot tends to be especially high in Miami, meaning that residents receive less bang for their buck in terms of living space. That
0 Comments
Amtrak has temporarily canceled all services between Boston and Washington, the railroad corporation said Friday evening. Of the 106 trains scheduled to run between Boston and Washington — and the Keystone line connecting Pennsylvania and New York — all have been canceled or delayed, an Amtrak spokeswoman told CNBC. In a series of tweets, Amtrak
0 Comments
The problem with President Donald Trump‘s steel and aluminum tariffs is that China gets “off more or less scot-free,” said former U.S. Trade Representative Michael Froman. “There’s a real issue about overcapacity in steel and aluminum production around the world that is hurting our industry,” he told CNBC on “Power Lunch” on Friday. “That problem
0 Comments
The U.S. Securities and Exchange Commission has subpoenaed TechCrunch founder Michael Arrington’s $100 million cryptofund in a broader investigation into the cryptocurrency world. “We received a subpoena. Every [crypto]fund I’ve talked to has received one,” Arrington said in a phone interview with CNBC on Thursday. “That’s fine. They just have to figure out what they
0 Comments
Trump’s proposal was widely condemned across the globe. Canada’s Prime Minister, Justin Trudeau, said any U.S. tariffs on steel and aluminum imports would be “absolutely unacceptable” and European Commission President Jean-Claude Juncker said it “can only aggravate matters.” Critics have also warned that tariffs will result in higher prices for consumers. On Thursday, Toyota said
0 Comments
You may still want to ask yourself, “How’s my 401(k) doing?” even though the markets aren’t giving President Donald Trump anything to brag about. Trump added the campaign slogan “How’s your 401(k) doing?” late last year as the markets saw sweeping gains. “Look at your 401-k’s since Election,” he tweeted on Dec. 4. “Highest Stock
0 Comments
Today, now faced with $1 trillion annual budget deficits, Washington will again be increasingly reliant on the “kindness of strangers” to finance those shortfalls. But will those “strangers,” particularly China and Japan, the two largest holders of U.S. debt, stop purchasing U.S. bonds, or sell them outright, in retaliation for U.S.-imposed tariffs? And, if the
0 Comments
McDonald’s new value offering isn’t off to a good start, according to one Wall Street firm. RBC Capital Market reduced its sales and earnings estimates for McDonald’s shares. The company launched its $1, $2 and $3 menu in January. “We significantly lower our US SSS [same-store sales] expectations due to deteriorating industry conditions and a
0 Comments
Gun sales plunged for the Smith & Wesson firearm maker in its most recent quarter, and the company slashed manufacturing jobs amid signs of a prolonged downturn. But American Outdoor Brands also signaled that it’s not concerned about big-box chains such as Dick’s Sporting Goods taking action to limit gun sales following the Parkland, Fla.
0 Comments
Getty Images President Donald Trump speaks during a meeting with congressional members in the Cabinet Room of the White House February 13, 2018 in Washington, DC. Trump said Thursday that the U.S. will impose tariffs of 25 percent for steel and 10 percent for aluminum as early as next week. The move helped spark a
0 Comments
Members of China’s billionaire-studded ceremonial legislature are even richer than last year. It’s all the more remarkable considering the number of super rich lawmakers dropped by about a quarter, according to wealth compiler Hurun Report, China’s version of the Forbes rich list. Hurun’s report released Friday found 152 super-wealthy delegates to the National People’s Congress
0 Comments
In a brief gaggle with reporters on Friday morning, White House press secretary Sarah Huckabee Sanders was asked about whether the former Goldman Sachs executive is staying as director of the National Economic Council. “I don’t have any reason to think otherwise right now,” she said. “Gary was here yesterday afternoon, I talked to him
0 Comments
Altogether, the “Everyone Wins” gift bags are valued at over “six-figures” although Distinctive Assets declined to say exactly how much (however, the trip for two to Tanzania is worth $40,000 alone, the company said). They are sent to all 25 Oscar nominees in the acting and directing categories in the week leading up to the
0 Comments
Depending on where you live, there can be big price swings between gas stations. For instance, a review of the Los Angeles area found a difference of about $1 per gallon between the highest- and lowest-price stations, said Patrick DeHaan, senior petroleum analyst for GasBuddy.com While the difference in price per gallon may only be
0 Comments
Consumers looking to spend their bitcoin have other options. There are cryptocurrency ATMs from providers such as Coinsource, and you can even filter your Yelp search for places that accept bitcoins. On Purse.io, you can shop online with cryptocurrencies, and even buy products from Amazon. GoCoin helps merchants become bitcoin-friendly. Kim Grauer, senior economist at
0 Comments
What does the current market environment favor? One sector is financials, as measured by Financial Select Sector SPDR ETF (XLF) and iShares U.S. Regional Banks ETF (IAT), which are up by approximately 5 percent and 8 percent, respectively, this year. There are a few important lessons I’d like to share with investors about rising interest
0 Comments
Photo: microchip.com Microchip Technologies makes the microcontrollers, or chips, that go into simple electronic devices, among other products. Cramer likes the Chandler, Ariz.-based semiconductor because it has an attractive risk-reward and pays a high dividend yield. At 4 percent, its dividend yield is the highest in all the semiconductor space. In addition, Cramer said it’s
0 Comments
Check out the companies making headlines after the bell Thursday: American Outdoor Brands shares plummeted more than 16 percent after the bell. The firearms and outdoor products manufacturer reported earnings per share that beat expectations but fell short on everything else. Revenue missed estimates by nearly 10 percent and guidance was extremely weak. The company
0 Comments