Unemployment applications are seen as City of Hialeah employees hand them out to people in front of the John F. Kennedy Library on April 08, 2020 in Hialeah, Florida. Joe Raedle/Getty Images Workers asked to repay unemployment benefits issued during the Covid pandemic may be getting a refund. However, it may take states up to
Bill and Melinda Gates Frederic Stevens | Getty Images Sure, you likely have nowhere near the wealth held by divorcing couple Bill and Melinda Gates. Yet when it comes to protecting your assets ahead of marriage, that doesn’t particularly matter, experts say. If you plan to wed, it may be worth determining how you and
A New Shepard rocket launches on a test flight. Blue Origin Jeff Bezos’ space venture Blue Origin will launch its first astronaut crew to space on July 20, flying on its space tourism rocket called New Shepard, the company announced Wednesday. The company has yet to open ticket sales or release pricing information about New
Former Theranos CEO Elizabeth Holmes attends pre-trial hearing in the U.S. government’s fraud case against her on May 5, 2021. CNBC Former Theranos CEO Elizabeth Holmes promised a technology breakthrough, but it was really a house of cards, prosecutors said during a court hearing on Wednesday. “Miss Holmes went out, told the world and told investors:
In this article @1YM21M .DJI U.S. stock index futures were little changed during overnight trading on Wednesday, after the Dow closed at a record. Futures contracts tied to the Dow Jones Industrial Average were 6 points lower. S&P 500 futures and Nasdaq 100 futures were both flat. During the session, the Dow gained 97 points
General Motors employees work on the assembly line at the Fairfax Assembly & Stamping Plant in Kansas City, Kansas. Jim Barcus for General Motors General Motors is set to report its first-quarter earnings before the bell on Wednesday. Here’s what Wall Street is expecting, based on average analysts’ estimates compiled by Refinitiv. Adjusted EPS: $1.04
Hilton CEO Christopher Nassetta told CNBC on Wednesday there are reasons to be optimistic about the recovery of corporate travel following a prolonged coronavirus-related slowdown. “This is as good as I’ve felt since the pandemic started in terms of where we are and what I see in forward-looking trends and bookings in the business,” Nassetta
Scott Olson | Getty Images There’s a chance someone holding a Mega Millions ticket is about to become one of the wealthier people in the U.S. The jackpot for Tuesday night’s drawing is $345 million (lump sum cash option: $234.6 million). While you may be daydreaming about what you’d buy with the money if you’re
CNBC’s Jim Cramer said Tuesday he owns ether, the world’s second-largest cryptocurrency by market value. “I’ve got a lot of ether,” Cramer said on “Squawk Box,” explaining he initially acquired it in order to bid on nonfungible tokens, or NFTs, being auctioned in March by Time magazine. “I didn’t get it, so I just kept
Former Theranos CEO Elizabeth Holmes outside a hearing in her criminal fraud trial on May 4, 2021. CNBC A pregnant Elizabeth Holmes appeared in court for the first time in 15 months for three days of hearings that will set the stage for her criminal fraud trial. At Tuesday’s session in the San Jose federal
Gamers of the Philadelphia Fusion, left, and London Spitfire teams compete during the Activision Blizzard Inc. Overwatch League Grand Finals at Barclay Center in the Brooklyn Borough of New York, U.S., on Friday, July 27, 2018. Christopher Lee | Bloomberg | Getty Images Check out the companies making headlines after the bell on Tuesday: Activision
In this article LYFT Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. The ride hailing app company’s shares were initially priced at $72. Mario Tama / Getty Images Ride-hailing
SINGAPORE — Singapore is facing its biggest local outbreak of Covid-19 infections in months — but the situation could improve in the coming weeks, according to Dale Fisher, chair of the World Health Organization (WHO) Global Outbreak Alert and Response Network. “We believe that we can break the transmission chains,” he told CNBC’s “Street Signs
Austin Hossfeld and his wife, Hayley. Photo: Austin Hossfeld Every day, Austin Hossfeld types the same words into Google: “Biden” and “student loans.” “A lot of the times, it’s the same articles,” Austin, 26, said. “I re-read them. “At night, I talk to my wife about it.” Like so many other Americans, the Carroll, Ohio,
Cars line up to pick up food boxes at the Athens County Fairgrounds in Athens, Ohio, on Dec. 19, 2020. BRAD LEE | AFP | Getty Images The U.S. economy is on the mend. But the unequal — or K-shaped — nature of the recovery persists. Economic activity is on pace to return to pre-pandemic
In this article ARKK ARKQ Cathie Wood, chief executive officer and chief investment officer of ARK Investment Management LLC, speaks during the Sooner Than You Think conference in the Brooklyn borough of New York on Tuesday, Oct. 16, 2018. Alex Flynn | Bloomberg | Getty Images Star manager Cathie Wood’s flagship fund —ARK Innovation —
Images By Tang Ming Tung The U.S. government has sent billions of dollars in stimulus checks to Americans since the onset of the Covid-19 pandemic. Yet some people may still be asking, “Where is my money?” If you feel that you may have been left in the lurch, there is a way to claim the
Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021. Source: NYSE U.S. stock futures were flat in overnight trading on Tuesday following a session defined by major weakness in technology stocks. Dow futures rose just 12 points. S&P 500 futures gained 0.05% and Nasdaq 100 futures dipped 0.05%. In after-hours
People walk by a CVS Pharmacy store in the Manhattan borough of New York City. Shannon Stapleton | Reuters CVS Health reported a strong first quarter and raised its full-year forecast, as customers came to its stores for Covid-19 vaccinations, tests and prescriptions. Shares of the company were up 3% early Tuesday in premarket trading.
A Starlink user terminal being set up. SpaceX Elon Musk’s SpaceX has received more than 500,000 orders so far for the satellite internet service its rolling out, the company announced on Tuesday. “To date, over half a million people have placed an order or put down a deposit for Starlink,” SpaceX operations engineer Siva Bharadvaj
Kelvin Murray | Getty Images It’s no secret that the Covid-19 pandemic has hurt workers of all ages. Yet when it comes to older workers — those ages 50 to 62 and up — some may have fared worse than they did during the Great Recession, according to recent research from the Center for Retirement
Tetra Images | Getty Images Tax refunds on 2020 unemployment benefits are slated to start this month. But some taxpayers — namely, single filers — will get the money sooner than others. It may be summer before other groups, such as married couples and those with complex tax returns, get their refunds, according to the
Alan Patricof, a longtime tech investor and Democratic donor, told CNBC on Monday he is not concerned about the prospect of higher capital gains taxes for wealthy Americans. In an interview on “Closing Bell,” the co-founder of venture capital firm Greycroft did not throw his support behind a specific rate for the capital gains tax.
Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021. Source: NYSE Stock futures held steady in overnight trading on Monday after a strong start to May as investors piled into shares that would benefit the most from an economic reopening. Futures on the Dow Jones Industrial Average were little changed.
In this article TWTR CEO of Twitter Jack Dorsey testifies before the Senate Intelligence Committee on Capitol Hill in Washington, DC, on September 5, 2018. (Photo by Jim WATSON / AFP) (Photo credit should read JIM WATSON/AFP/Getty Images) Jim Watson | AFP | Getty Images Twitter’s stock was down more than 10% in after-hours trading
Delhi Daredevils bowler Trent Boult bowls during an IPL cricket match against the Rajasthan Royals. Vishal Bhatnagar | NurPhoto | Getty Image The 2021 Indian Premier League has been suspended amid concerns over coronavirus levels in the country. The number of new coronavirus infections in India passed 20 million on Tuesday with 357, 229 new
Image Source | Getty Images The wealthiest Americans may soon face a slew of tax hikes. President Joe Biden wants to raise taxes on single filers likely with income over $452,700 and couples earning more than $509,300. But the plan may wind up penalizing some higher-earning married couples. The marriage penalty “It’s not the first
House Ways and Means Committee Chairman Richard Neal. Matt Stone | Boston Herald | Getty Images The House Ways and Means Committee is poised to consider a bill on Wednesday that would make changes to how U.S. workers save for retirement. The measure, known as the Securing a Strong Retirement Act of 2021, comes less
Wealthy families could face combined tax rates of as much as 61% on inherited wealth under President Joe Biden’s tax plan, according to a recent analysis and tax accountants. As part of his American Families Plan, Biden is proposing to nearly double the top tax rate on capital gains and eliminate a tax benefit on
Richmond Federal Reserve President Thomas Barkin told CNBC on Monday that he sees inflation pressures building this year that he expects to subside in 2022. “I think we will see price pressure this year. You’ve got a very strong demand situation, and you’ve got constraints in supply,” the central bank official said during a “Closing
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