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Eerie photos show a neighborhood of abandoned million-dollar McMansions
News 5 months ago
Eerie photos show a neighborhood of abandoned million-dollar McMansions

In June 2013, heavy rains led to a flood in the Canadian province of Alberta, causing an estimated 6 billion Canadian dollars ($4.3 billion) in...

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The owner of Victoria's Secret is closing down Henri Bendel — but that solves just a small piece of a much bigger problem (LB)
News 5 months ago
The owner of Victoria's Secret is closing down Henri Bendel — but that solves just a small piece of a much bigger problem (LB)

L Brands, the owner of Victoria's Secret, announced it will close Henri Bendel in January 2019. The closure is a small piece of a much bigger...

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Is buying a house a better investment than the stock market? We did the math, and the answer is clear
News 5 months ago
Is buying a house a better investment than the stock market? We did the math, and the answer is clear

Owning real estate is often the biggest financial commitment someone will make, while investing in stocks is generally a key component of building...

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Amazon bought Whole Foods to take on the grocery business — but one competitor shows where its plan is falling flat (SFW, WFM, AMZN)
News 5 months ago
Amazon bought Whole Foods to take on the grocery business — but one competitor shows where its plan is falling flat (SFW, WFM, AMZN)

Amazon acquired Whole Foods last year to cut the prices of organic groceries and reach a wider range of customers. But Sprouts Farmers Market has...

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We shopped at Barnes & Noble and saw a key shortcoming that's hurting the chain in its battle against Amazon (AMZN)
News 5 months ago
We shopped at Barnes & Noble and saw a key shortcoming that's hurting the chain in its battle against Amazon (AMZN)

Barnes & Noble is struggling to compete with Amazon. Barnes & Noble stores have become places where customers read, hang out, and have a cup of...

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The 16 cities where Americans struggle the most to pay rent (Z)
News 5 months ago
The 16 cities where Americans struggle the most to pay rent (Z)

Residents in 16 cities across America are spending a higher share of their income on rent than the national level, according to Zillow.  It's...

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50 stores you once loved that you'll never be able to shop at again
News 5 months ago
50 stores you once loved that you'll never be able to shop at again

From declining foot traffic to the rise of ecommerce, countless stores have permanently closed their doors for a number of reasons.  In 2018 alone,...

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Tech billionaire Vinod Khosla says he wishes he never bought the beach near his $37 million estate. But he will fight for the rest of his life to keep it off-limits to the public on 'principle'
News 5 months ago
Tech billionaire Vinod Khosla says he wishes he never bought the beach near his $37 million estate. But he will fight for the rest of his life to keep it off-limits to the public on 'principle'

Tech billionaire Vinod Khosla is fighting to make a beach near his $37 million estate off-limits to the public. In an interview with The New York...

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We visited Family Dollar, the store that analysts say is becoming Dollar Tree's biggest problem. Here's what we discovered. (DLTR)
News 5 months ago
We visited Family Dollar, the store that analysts say is becoming Dollar Tree's biggest problem. Here's what we discovered. (DLTR)

Family Dollar was acquired by Dollar Tree in 2015. Analysts say Family Dollar has proven to be a drag on Dollar Tree's earnings. In its most recent...

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Dollar General earnings beat on the top and bottom lines (DG)
News 5 months ago
Dollar General earnings beat on the top and bottom lines (DG)

Dollar General reported earnings that beat on both the top and bottom lines. Shares of the discount retailer dropped 2%. Watch Dollar General trade...

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McDonald's is taking short term pain for long term gain (MCD)
News 5 months ago
McDonald's is taking short term pain for long term gain (MCD)

McDonald's has been aggressively updating its US stores under its Experience of the Future initiative.  McDonald's now has 5,000 Experience of the...

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Go inside the hottest neighborhood in San Francisco, where home prices have appreciated over 110% in the last 6 years
News 5 months ago
Go inside the hottest neighborhood in San Francisco, where home prices have appreciated over 110% in the last 6 years

For a long time, Bernal Heights was the best kept secret in San Francisco real estate. Short commutes into downtown, relatively affordable homes,...

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There's a 'boogeyman in the housing market' that's making it tougher for Americans to own homes
News 5 months ago
There's a 'boogeyman in the housing market' that's making it tougher for Americans to own homes

Home sales in the US are slowing, and the boogeyman is affordability.  Americans are spending the most money in almost a decade on mortgage...

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We visited a Walmart and a Target store to see which one is better prepared to take on Amazon, and the winner was clear (WMT, TGT, AMZN)
News 5 months ago
We visited a Walmart and a Target store to see which one is better prepared to take on Amazon, and the winner was clear (WMT, TGT, AMZN)

Walmart and Target have both been shifting their strategies to better compete with Amazon. Both Walmart and Target offer free two-day shipping on...

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TARGET CEO: This might be the strongest consumer environment I've ever seen
News 5 months ago
TARGET CEO: This might be the strongest consumer environment I've ever seen

 Retailers are reporting the strongest sales in over a decade, beating earnings and lifting full-year guidance.  "We're currently benefiting from a...

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Prince Charles is worth up to $400 million thanks to assets like a medieval estate implicated in the Paradise Papers and an infamous prison — take a look at how he spends his fortune
News 5 months ago
Prince Charles is worth up to $400 million thanks to assets like a medieval estate implicated in the Paradise Papers and an infamous prison — take a look at how he spends his fortune

Prince Charles's net worth is estimated between $100 million and $400 million. Most of his wealth stems from a medieval estate known as the Duchy...

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Here's what happens if you die without a will
News 6 months ago
Here's what happens if you die without a will

What happens if you die without a will? TMZ reported that famed singer Aretha Franklin did not leave a will behind. If you die without a will in...

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Apple and Google's app store businesses are coming under pressure — and the companies could end up losing billions of dollars (AAPL, GOOGL, NFLX, SPOT)
News 6 months ago
Apple and Google's app store businesses are coming under pressure — and the companies could end up losing billions of dollars (AAPL, GOOGL, NFLX, SPOT)

Apple and Google earn big money through the commissions they charge of sales made through their smartphone app stores. Right now, they take a 30%...

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Walmart's new feature has its e-commerce business growing faster than Amazon's (WMT)
News 6 months ago
Walmart's new feature has its e-commerce business growing faster than Amazon's (WMT)

Walmart's Click & Collect feature has its e-commerce growing faster than Amazon's. Click & Collect is driving loyalty and more visits to Walmart...

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It looks like Google is preparing to open its first-ever standalone retail store (GOOGL, GOOG)
News 6 months ago
It looks like Google is preparing to open its first-ever standalone retail store (GOOGL, GOOG)

Google is near to signing a deal to take control of 14,000 feet of retail space in Chicago's meatpacking district, according to the Chicago Tribune...

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New Zealand has banned the sale of homes to foreigners after too many people started treating the island like their doomsday hideout
News 6 months ago
New Zealand has banned the sale of homes to foreigners after too many people started treating the island like their doomsday hideout

New Zealand has banned foreigners from buying property, a response to skyrocketing house prices across the nation. The housing crisis has been...

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New Zealand has banned foreigners from buying homes in the country
News 6 months ago
New Zealand has banned foreigners from buying homes in the country

New Zealand's government has banned foreigners from purchasing existing homes in the country. The Overseas Investment Amendment was passed by...

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These 3 American neighborhoods are emerging as economic powerhouses
News 6 months ago
These 3 American neighborhoods are emerging as economic powerhouses

For decades, many Americans have chosen to live in suburbs and commute to urban centers for work. That's largely because cities — accounting for 85...

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There's a $1 billion plot of land for sale on an LA hilltop big enough to fit a home the size of Disneyland, but only about 100 people in the world could buy it
News 6 months ago
There's a $1 billion plot of land for sale on an LA hilltop big enough to fit a home the size of Disneyland, but only about 100 people in the world could buy it

The Mountain, a 157-acre property at the highest peak in Beverly Hills, is for sale for $1 billion. The property is big enough to fit Disneyland...

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America's housing market is raising a 'large red flag' for the economy
News 6 months ago
America's housing market is raising a 'large red flag' for the economy

Friday's gross-domestic-product report showed that residential investment, which includes construction and brokers' fees, fell for a third quarter...

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Homes have become so expensive in the Bay Area that renting is now a better deal than buying
News 6 months ago
Homes have become so expensive in the Bay Area that renting is now a better deal than buying

Is it a better deal to rent or buy? In San Francisco and San Jose, renters save more money than buyers, a new Trulia study found. That's because...

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The salary you need to comfortably afford a 2-bedroom apartment in the 25 biggest US cities
News 6 months ago
The salary you need to comfortably afford a 2-bedroom apartment in the 25 biggest US cities

SmartAsset found what income is needed to comfortably afford rent for a two-bedroom apartment in 25 cities across the US. The study calculated how...

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Disappointing photos show what can happen to billion-dollar mega-developments
News 6 months ago
Disappointing photos show what can happen to billion-dollar mega-developments

In North Korea's capital of Pyongyang, an empty, pyramidal tower looms over the city. When construction began on the Ryugyong Hotel in 1987, the...

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Amazon is launching a better version of the post office in cities around the country. Here's what they're like to use. (AMZN)
News 6 months ago
Amazon is launching a better version of the post office in cities around the country. Here's what they're like to use. (AMZN)

Amazon has been opening retail locations meant specifically for picking up and returning items. The retailer has opened nearly 30 of these stand...

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A 58-story skyscraper in San Francisco is tilting and sinking — and residents say their multimillion-dollar condos are 'nearly worthless'
News 6 months ago
A 58-story skyscraper in San Francisco is tilting and sinking — and residents say their multimillion-dollar condos are 'nearly worthless'

Millennium Tower in San Francisco is still sinking and leaning. But there's finally a bit of good news for residents of the luxury building at 301...

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