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10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, ROKU, BCS, AMZN)
News 8 hours ago
10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, ROKU, BCS, AMZN)

Here is what you need to know. Stocks plunged at the end of Wall Street trade. The Dow Jones industrial average tanked 450 points off its highs in...

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Homebuyers now have something else to be worried about besides the housing shortage
News 4 days ago
Homebuyers now have something else to be worried about besides the housing shortage

Mortgage rates have climbed to a two-year high.  What's different about this rise is a growing concern that borrowing costs are more likely to...

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The most expensive houses in America are giving owners the worst bang for their buck (Z)
News 6 days ago
The most expensive houses in America are giving owners the worst bang for their buck (Z)

Starter home values are rising at a faster clip than luxury homes, according to Zillow. The trend has been in place for at least five years, but...

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JCPenney is laying off 670 workers as it closes its 2-million-square-foot facility in Wisconsin (JCP)
News 1 week ago
JCPenney is laying off 670 workers as it closes its 2-million-square-foot facility in Wisconsin (JCP)

JCPenney is closing a two-million-square-foot facility in Wisconsin. 670 employees will lose their jobs.  The decision was made to fix the fact...

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Pepsi is investing in a $1 billion part of its business to avoid the retail apocalypse that wrecked Sears and Macy's (PEP)
News 1 week ago
Pepsi is investing in a $1 billion part of its business to avoid the retail apocalypse that wrecked Sears and Macy's (PEP)

PepsiCo announced Tuesday it is reinvesting some of the millions of dollars it is saving under the new GOP tax plan in e-commerce. E-commerce...

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Someone is selling their New Jersey house for $2.3 million in bitcoin — and it's a growing trend
News 3 weeks ago
Someone is selling their New Jersey house for $2.3 million in bitcoin — and it's a growing trend

A $2.3 million house in Middletown, New Jersey, is accepting bitcoin as a form of payment. Bitcoin is becoming increasingly accepted in the real...

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The 15 American cities where competition to buy a home is fiercest
News 1 month ago
The 15 American cities where competition to buy a home is fiercest

Over-demand for homes is ruling the housing market in many cities. Buyers in the best position to buy a home typically have mortgage financing in...

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Amazon's new HQ2 could come with a scary consequence for renters in the final cities — here's who is most at risk
News 1 month ago
Amazon's new HQ2 could come with a scary consequence for renters in the final cities — here's who is most at risk

Amazon has narrowed its search for the site of its next headquarters, dubbed HQ2, to 20 cities. Amazon HQ2 would have great economic impact on the...

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ZILLOW: Here are the US cities where the housing shortage is at 'crisis levels' (Z)
News 1 month ago
ZILLOW: Here are the US cities where the housing shortage is at 'crisis levels' (Z)

America's housing shortage is at "crisis levels," according to Zillow.  The number of homes available for sale fell for a third straight year in...

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Sam's Club's CEO revealed mass stores closures in this companywide email to employees
News 1 month ago
Sam's Club's CEO revealed mass stores closures in this companywide email to employees

Sam's Club CEO John Furner notified employees of mass store closures in a companywide email on Thursday. "After a thorough review, it became clear...

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Landlords offer record freebies to New York City apartment hunters in 'challenging year'
News 1 month ago
Landlords offer record freebies to New York City apartment hunters in 'challenging year'

Landlords in New York City offered concessions like a month of free rent to lease a record share of apartments last month, according to the real...

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These are the 10 hottest housing markets in America to watch in 2018
News 1 month ago
These are the 10 hottest housing markets in America to watch in 2018

The US housing market has regained its momentum. About half of all homes in the country are worth as much or more than they were in April 2007,...

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Salesforce hired a DJ to pump beats as employees in San Francisco moved in to their giant new tower on Monday (CRM)
News 1 month ago
Salesforce hired a DJ to pump beats as employees in San Francisco moved in to their giant new tower on Monday (CRM)

Salesforce opened its new offices in Salesforce Tower on Monday with fanfare including a live DJ and a photo booth.  At 1,070 feet and 61-stories...

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Trump's tax overhaul has slowed Manhattan's real estate market even before going into full effect
News 1 month ago
Trump's tax overhaul has slowed Manhattan's real estate market even before going into full effect

Fourth-quarter home sales in Manhattan slumped as buyers considered the impact of the new tax law.  The Tax Cuts and Jobs Act caps the amount of...

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The 17 US cities where rents are soaring the most
News 1 month ago
The 17 US cities where rents are soaring the most

Renters in America spent a record amount of money on housing in 2017. They paid $485.6 billion to landlords, about 1% more than they did in 2016,...

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Rich homeowners in blue states are among the biggest losers in the GOP tax bill
News 2 months ago
Rich homeowners in blue states are among the biggest losers in the GOP tax bill

The GOP's tax bill is set to disproportionately affect homeowners in affluent parts of the US. Wealthier households are more likely to take...

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Apple's $5 billion 'spaceship' campus is ready for takeoff — but some employees will be left behind (AAPL)
News 2 months ago
Apple's $5 billion 'spaceship' campus is ready for takeoff — but some employees will be left behind (AAPL)

Apple employees are currently moving into Apple Park, the company's new $5 billion headquarters.  However, not all Apple employees will move into...

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Walmart and Amazon's long-simmering feud exploded in 2017 — and it's redefining retail
News 2 months ago
Walmart and Amazon's long-simmering feud exploded in 2017 — and it's redefining retail

Amazon and Walmart competed more fiercely in 2017 than ever before. It has quickly become the biggest feud in retail — and possibly all of business...

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PAUL KRUGMAN: Bitcoin is a more obvious bubble than housing was
News 2 months ago
PAUL KRUGMAN: Bitcoin is a more obvious bubble than housing was

Nobel prize-winning economist Paul Krugman talks to Business Insider senior political editor Josh Barro about bitcoin. Krugman says the price of...

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Someone is selling a 'spectacular' penthouse in Miami — but they're only accepting bitcoin
News 2 months ago
Someone is selling a 'spectacular' penthouse in Miami — but they're only accepting bitcoin

A penthouse in Miami is selling for the equivalent of about $547,000.  The seller is only accepting bitcoin.  Bitcoin has surged more than 1,500%...

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Silicon Valley might get some relief from high housing prices — Google will build nearly 10,000 homes near its new campus (GOOGL)
News 2 months ago
Silicon Valley might get some relief from high housing prices — Google will build nearly 10,000 homes near its new campus (GOOGL)

Google received approval early Wednesday to build nearly 10,000 new units of housing near its future campus in Mountain View, California. The...

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Inside the New York City offices of $45 billion hedge-fund firm Two Sigma
News 2 months ago
Inside the New York City offices of $45 billion hedge-fund firm Two Sigma

What do you picture when you imagine a hedge-fund office? A noisy trading floor full of hedge-fund guys in fleece vests? Two Sigma, a $45 billion...

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The 35-year-old billionaire president of In-N-Out Burger is selling her California mansion for $19.8 million — here's a look inside
News 2 months ago
The 35-year-old billionaire president of In-N-Out Burger is selling her California mansion for $19.8 million — here's a look inside

Lynsi Snyder, the billionaire president of In-N-Out Burger, listed her Southern California home for $19.8 million. She moved into the mansion in...

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Forget New York — millennials are flocking to 10 US cities to get a job, buy a home, and start a life
News 2 months ago
Forget New York — millennials are flocking to 10 US cities to get a job, buy a home, and start a life

When it comes to homebuying, 2018 is going to be all about the South and the Midwest. That's according to Trulia's latest housing report, which...

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San Francisco rent is so expensive that a law firm bought a $3 million plane to fly its people in from Texas instead of having them live there
News 2 months ago
San Francisco rent is so expensive that a law firm bought a $3 million plane to fly its people in from Texas instead of having them live there

San Francisco's median rent is $4,450, nearly three times that in Houston. Instead of hiring expensive talent in the Bay Area, one Houston-based...

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It's easier than ever to bet on the death of brick-and-mortar retail
News 2 months ago
It's easier than ever to bet on the death of brick-and-mortar retail

ProShares just launched its Decline of the Retail Store ETF (EMTY), which allows investors to make the inverse of a brick-and-mortar index's return...

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Dollar stores are dominating retail by betting on the death of the American middle class
News 2 months ago
Dollar stores are dominating retail by betting on the death of the American middle class

Dollar General and other dollar stores are thriving while department stores like Macy's and Sears close hundreds of locations.  Dollar stores'...

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There are 5 places in the US where you need to make over $110,000 to afford a home
News 2 months ago
There are 5 places in the US where you need to make over $110,000 to afford a home

Four of the five most expensive housing markets in the country are in California. In these markets, buyers need to make more than $110,000 to...

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We checked out a Victoria's Secret store in New York City to see why the brand is struggling — and what we found surprised us (LB)
News 2 months ago
We checked out a Victoria's Secret store in New York City to see why the brand is struggling — and what we found surprised us (LB)

The Victoria's Secret of today is a far cry from the fun, sexy, high-quality brand it was five years ago. And customers are ditching in droves....

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George Soros' former right-hand man sold his 20-acre estate for $25 million
News 2 months ago
George Soros' former right-hand man sold his 20-acre estate for $25 million

Wall Street billionaire Stanley Druckenmiller has sold his Greenwich, Connecticut home.  It sold for $25 million after listing for $31.5 million....

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