A new survey has found that 84% of individuals said they would rather save $5,000 than lose 5 pounds. What’s more, 84% of consumers also said they would prefer to reduce their debts than lower their computer or phone screen time. That’s according to the 2020 New Year Financial Resolutions Study conducted by Boston-based Fidelity Investments, which included an online survey of 3,012 adults ages 18 and up. The two top resolutions for next year, the survey found, are saving more and reducing debt,

Under its new owner, rental service Le Tote, Lord & Taylor will open a pop-up shop in the SoHo neighborhood of Manhattan, at 138 Wooster Street, from Dec. 11 through Christmas Eve. Le Tote completed its acquisition of Lord & Taylor from Hudson’s Bay for $100 million in cash earlier this year. Hudson’s Bay still owns the department store chain’s real estate, but Le Tote received three years of free rent for 38 locations, with five stores planned to shut. Hudson’s Bay said it sold Lord & Taylor to

A woman pushes her shopping cart down the bottled water aisle at a supermarket in Los Angeles, California on March 15, 2018. As bottled water’s sales growth flattens, the world’s largest bottled-water maker is betting on new products to try to make water exciting again. New products from Nestle slated for 2020 launches include an energy water drink and mineral-infused bottled waters. In March, Coca-Cola plans to launch AHA, flavored sparkling water with caffeine. Unlike traditional sports drinks

Don’t look now, but Lululemon is on the verge of doubling up its value in 2019. Khouw also noted that options premiums in Lululemon are elevated right now as the stock gears up for earnings, and the stock’s high valuation makes him wary of making a directional bet into a catalyst like earnings. Instead of making a purely directional bet, Khouw illustrated how to trade the December/January 250-strike call calendar, a trade that would be profitable if Lululemon shares are between $222.90 and $283.

The streaming service finally clinched its first-ever best picture nomination at the Golden Globes. In fact, the platform earned four best picture nominations for the Jan 5. awards show. “Marriage Story,” “The Two Popes” and “The Irishman” were nominated for the drama category and “Dolemite is my Name” earned a nod in the musical or comedy category. In total, Netflix scored 17 nominations, the most of any studio. Notably absent was “When They See Us,” from the limited series category and “Ozark”

Lockheed Martin is the top-grossing defense firm in the world and the U.S. government supports that business to the tune of more than $37.7 billion. In 2018 alone, that business from government contracts represented 70% of Lockheed Martin’s $53.7 billion revenue for the year, as it beat out its contemporaries Boeing and Raytheon. These funds are granted by Congress to provide equipment that enables the U.S. military to protect the country at home and abroad. To ensure that, politicians work with

Homeowners withdrew a collective $36 billion in home equity, the highest amount in nearly 12 years. Tappable equity is still up 5% annually. Of the approximately 45 million borrowers who have tappable equity, about 65% have interest rates higher than today’s rates. Borrowers last year had pre-refinance loan balances of, on average, $380,000, and early-2019 loans had balances of $560,000. Homeowners who refinanced out of loans made in 2008-2011 had much smaller average balances ($160K-$172K), but

U.S. Justice Department Inspector General Michael Horowitz arrives before testifying to the Senate Judiciary Committee in the Hart Senate Office Building on Capitol Hill June 18, 2018 in Washington, DC. “We did not find documentary or testimonial evidence that political bias or improper motivation influenced the FBI’s decision” to seek surveillance warrants on Page, Horowitz’s report concludes. But Horowitz’s probe did find “serious performance failures” made by some agents in charge of the surv

Diana Walker | The LIFE Images Collection | Getty ImagesPaul Volcker’s greatest legacy as Fed chief was breaking inflation with shockingly high interest rates, but he turned the housing market into a nightmare for both buyers and sellers. Volcker allowed the fed funds rate, now topped out at 1.75%, to rise over 20%, and with it went the interest on home mortgages and everything else. “People thought they’d never buy a home again, and they did,” said Diane Swonk, chief economist at Grant Thornton

McDonald’s black franchisees are choosing to leave the chain as the disparity in performance between their restaurants and their white counterparts grows, Business Insider reported Monday. The average cash flow of black franchises is much less than the average cash flow of all of the chain’s restaurants, the report said, citing franchisees, former corporate employees and internal documents viewed by Business Insider. In 2008, there were about 304 black franchisees at the chain, but by 2017, ther

Google employees at the tech giant’s headquarters in Mountain View, California, walk off the job to protest the company’s handling of sexual misconduct claims. The latest investigation comes after four Google employees filed a federal complaint with the NLRB on Dec. 5, alleging unfair labor practices, which would violate a settlement made by Google. Google now faces another federal investigation into its labor practice just months after a separate settlement with the NLRB. The week of Thanksgivi

Smith Collection/Gado | Archive Photos | Getty ImagesVenture capital’s renewed focus on profits instead of growth at any cost will make younger, urban lifestyles more expensive. Boardroom conversations are shifting in the wake of WeWork’s failed IPO, and investors are urging money-losing start-ups to tighten operations and eventually bump up prices. WeWork has become the poster-child for that model not cutting it for public market investors. To hit profitability sooner, management teams “will ne

Source: AppleOn Dec. 5, notoriously accurate Apple analyst Ming-Chi Kuo said Apple may remove the Lightning charging port from at least one iPhone in 2021. Here are a few reasons why that’s a problem, and why removing a charging port is a lot more complicated than just removing the headphone jack. TravelThe Belkin BOOST wireless charging pad BelkinIf I traveled, even just for the day or to a hotel, I’d probably have to carry my wireless charging puck with me. AppleWorst of all, getting rid of th

Google on Monday began rolling out an “Incognito mode” for Google Maps on iPhone that allows you to temporarily stop the app from tracking your trip. It’s a good privacy feature if you want to drive somewhere and don’t want any log of it in Google Maps. Google Maps tracks a lot of that kind of information, so it’s a good idea to automatically delete older data at specific intervals. But if you want to head somewhere you might not want anyone to know about, and to temporarily stop any logging, In

Altimeter Capital’s Brad Gerstner on Facebook’s future in two yearsBrad Gerstner, Altimeter Capital, and CNBC’s Deirdre Bosa join ‘The Fast Money Halftime Report’ in San Francisco to discuss Gerstner’s Facebook holdings.

It may sound counter-intuitive, but today workers are turning to online courses to improve their off-line communication abilities. According to a recent analysis by LinkedIn Learning, the No. But also, Poague noted, a wide range of workers appear to be deeply invested in learning how to better collaborate with their colleagues. Poague added that some workers may feel embarrassed or uncomfortable taking an in-person course on communication. “The medium of online learning lends itself really well

“I think the most stressful thing for me is balancing work and life,” Beyonce told Elle in answer to a question from an Instagram user who said she always appears to be “in control.” “Juggling all of those roles can be stressful, but I think that’s life for any working mom,” Beyonce told Elle. However, growing up seeing “parents act as if they were superheroes” can also be a bad thing, Beyonce told Elle, because it teaches women to “focus on taking care of everyone else before themselves.” Given

To determine the monthly average loan costs across the U.S. in 2019, price comparison site Autowise plugged in the average new and used vehicle price, credit score by state, loan term and down payment into Carmax’s auto loan calculator. For used vehicles, the consensus average price is $20,200. Autowise used credit information from Experian, 72 months as the average 2019 car loan term and an average down payment of 11.7%. Louisiana also tops the list for used car payments, averaging $393 per mon

Right now, we’re trying to imagine where the market will place its premium and discount bets next year. After a year when tech is up nearly 45% year-to-date, you need to believe in these companies’ earnings growth or multiple expansion to keep overweighting them. One concept to identify next year’s leaders is to identify top performers this year whose earnings growth will accelerate next year, since this has, at various times in the past, been predictive. Earnings growth for those firms was inco

Investors are increasingly paying attention to the company’s sustainability efforts, Coca-Cola Chairman and CEO James Quincey told CNBC on Monday. “We have been having our sustainability goals out there for the last 10 years,” Quincey said in a “Squawk on the Street” interview. For example, Coca-Cola, which made 110 billion plastic bottles in 2016, is working toward recovering and recycling the equivalent of 75% of the bottles it produces by next year. Last December, Coke announced two investmen