A father and daughter play with a digital tablet at an Estée Lauder store in Shanghai. SOPA Images | LightRocket | Getty Images CNBC’s Technology Executive Council is dedicated to the digital transformation of companies and organizations across sectors of the economy. Michael Smith, chief information officer at The Estée Lauder Companies, recently provided CNBC
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, April 17, 2013. U.S. stocks sank, erasing yesterday’s rally, amid losses in industrial metals and disappointing results from Bank of America Corp. Scott Eells | Bloomberg | Getty Images By one measure, the shift to passive investing
Wall Street veteran Byron Wien won’t release his legendary 2020 market surprises until January, but he offered one that didn’t make the cut Tuesday on CNBC. “Watch gold in 2020,” the vice chairman of private wealth solutions at Blackstone said on “Squawk on the Street.” “It has a chance to be an interesting investment.” Wien,
athima tongloom California officials proposed a rule on Tuesday that would cut discriminatory pricing practices being used by auto insurance companies in the state. The California Department of Insurance found in a recent investigation that many insurers have been selling higher-priced auto-insurance policies to people of color and low-income drivers in the Golden State, by
Before we can discuss bonds in depth, it is important that we establish a common understanding of what bonds are and how they work. As a starting point, a bond is a contractual obligation to make a series of specific payments on specific dates. Typically, this includes interest payments made on a semiannual basis until
Staff Photo by Gordon Chibroski, Wed, Jun 19, 2002: A comfortable chaise lounge provides a resting … [+] place to read in the Four Seasons Garden on the estate of Christopher and Victoria Vasillopulos in York Harbor. It is part of the Garden Conservancy’s Open Days Program. (Photo by Gordon Chibroski/Portland Press Herald via Getty
Miami luxury condo sales over $1 million rose 4.1% last month (Photo by Roberto Machado … [+] Noa/LightRocket via Getty Images) © 2017 Roberto Machado Noa Home sales in South Florida are stagnant, according to the latest data released by the Miami Association of Realtors. In November, Broward and Palm Beach counties experienced a drop
Uber and Lyft drivers protest during a day-long strike outside Uber’s office in Saugus, Massachusetts, May 8, 2019. Brian Snyder | Reuters Freelancers, contractors and groups of independent business owners are going into overdrive in New Jersey to fight legislation on worker misclassification that they fear will devastate their businesses, in the wake of backlash
Traders work on the floor of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Here are the most important things to know about Tuesday before you hit the door. 1. Early close We’ll get a short trading day on Christmas Eve with the stock market closing at 1 p.m. ET and
Democratic presidential candidate Sen. Elizabeth Warren (D-MA), holds up two fingers to represent her two-cent wealth tax while speaking at a campaign event at Clark Atlanta University on November 21, 2019 in Atlanta, Georgia. Elijah Nouvelage | Getty Images A majority of millionaires support a wealth tax on those worth $50 million or more, but