Morsa Images | DigitalVision | Getty Images Chances are, you aren’t seriously thinking about how to pay for long-term care when you are older. Most people only think about it at two points in their lives: when their parents need it or when they start to get much older and realize they need to have
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More than 22 million American jobs were lost in the past six months; stock markets have been up and down; and people are generally anxious about what’s in their bank accounts right now. If you’re lucky enough to have the funds you need despite all the recent economic turbulence, ask yourself one key question, says Bradley T.
United Airlines’ Boeing 747-400 aircraft performed its last passenger flight on November 7, 2017. NurPhoto Check out the companies making headlines in midday trading. Boeing — Shares popped more than 3% after Patrick Ky, the head of Europe’s aviation regulator, said the company’s beleaguered 737 Max jet is safe to fly again. He added the
Ford is beginning production on the latest version of its F-150 full-size pickup truck, which is the bestselling vehicle in the United States and a crucial product for the automaker. Ford’s F-Series lineup of full-size trucks is the industry’s leading truck brand, and the F-150 makes up the lion’s share of sales. It has been
Joe Biden and Donald Trump speak during the first U.S. presidential debate on Sept. 29, 2020. Kevin Dietsch/UPI | Bloomberg | Getty Images President Donald Trump and Democratic presidential nominee Joe Biden have diverging views on the economic rebound that has played out after the coronavirus pandemic upended the country last spring. Trump and administration
After weeks of negotiating a stimulus package, Congress remains at an impasse. Although President Trump on Thursday said he would “go higher” than the $1.8 trillion he offered in his aid proposal, his administration has yet to reach an agreement with House Democrats, who recently passed a $2.2 trillion measure. Complicating matters, Senate Republicans have
Integrated circuits on a circuit board. The semiconductor industry has been in focus during the U.S.-China trade war. filonmar | E+ | Getty Images Company: ON Semiconductor Corp (ON) Business: A premier semiconductor company that focuses on power and sensor products. ON Semi’s segments include (i) Power Solutions Group, which offers a range of discrete,
Adrees Latif | Reuters Friday marks the deadline for state health officials across the U.S. to submit plans to the federal government on how they will inoculate hundreds of millions of Americans against Covid-19 once a vaccine is approved. States have about two weeks to set up distribution centers across the country to meet the
Rep. Peter DeFazio, D-Ore. Sarah Silbiger | CQ-Roll Call Group | Getty Images Americans are hurting financially amid the Covid-19 pandemic, and that includes the nation’s seniors. Now, two House Democratic lawmakers are hoping to help retirees with a bill to increase next year’s Social Security cost-of-living adjustment. Rep. Peter DeFazio, D-Ore., is introducing a
Mansions seen along the coast of Palm Beach, Fla. Getty Images Home sales in Palm Beach, the exclusive island retreat of the president and countless billionaires, tripled in the third quarter as the wealthy fled the cities and higher-tax states of the Northeast, according to a new report. “It may be the hottest real estate
Descendants of Standard Oil founder John D. Rockefeller are calling on the major banks to put an end to fossil fuel financing. Daniel Growald, Peter Gill Case and Valerie Rockefeller — fifth-generation members of the famed family — have launched BankFWD, which is a network of powerful individuals and institutions aimed at persuading banks to
A volunteer is injected with a vaccine as he participates in a coronavirus disease (COVID-19) vaccination study at the Research Centers of America, in Hollywood, Florida, U.S., September 24, 2020. Marco Bello | Reuters The Trump administration on Friday announced a deal with CVS Health and Walgreens to administer coronavirus vaccines to the elderly and
If you’re on Medicare, it’s time to give your coverage a close look whether you feel like it or not. From now through Dec. 7, you can make changes that take effect Jan. 1. While you are not required to do anything — your 2020 coverage would continue next year, generally speaking, if you take
Mike Kemp | Blend Images | Getty Images Matt Becker opened his financial advisory practice, Mom and Dad Money, not long after he and his wife, Casey, had their first son, Aiden, and struggled with all the financial decisions new parents need to make. “I looked around and I didn’t see a lot of advisors
Fitness membership? Check. Streaming account? Of course. Meal kit service? Sure. How about your hotel subscription? Whether for pleasure, work, or long-term lodging, hospitality operators are hoping on-demand stays could be your next must-have membership as the embattled travel industry tries to expand its reach. InterContinental Hotels Group, Marriott and Accor are among the major
People wait in their cars as they line up to collect unemployment forms in Hialeah, Florida. CHANDAN KHANNA/AFP via Getty Images Millions of workers have lost their jobs — and their employer-sponsored health insurance — due to the coronavirus pandemic. But other options are available to those who lose health coverage. These include Medicaid, an
ByteDance Ltd.’s TikTok website is displayed on a smartphone in an arranged photograph. Andrew Harrer | Bloomberg | Getty Images Social media has long been used by toy companies to reach kids, but as the coronavirus pandemic has taken play dates and recess off the table, apps like TikTok have become more important than ever.
AJ_Watt | E+ | Getty Images This year, don’t just cram your completed 2019 income tax return into a drawer. Use it as a guideline to help you save more money. Oct. 15 is the deadline for taxpayers who sought additional time to complete the prior year’s return. Bear in mind, the taxes you owed
Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer on Thursday advised investors against selling U.S. equities in response to spiking coronavirus cases across European nations. “If you follow what they’re doing and you sell our stocks because of what’s happening right now in France, that’s going to prove to be something that you might
U.S. Democratic presidential candidate Joe Biden speaks during a campaign event in Toledo, Ohio, October 12, 2020. Rebecca Cook | Reuters Democratic presidential candidate Joe Biden’s tax plan would give an average tax cut of $620 to middle income earners, according to a new analysis, while top earners would face a steep increase. The analysis,
A man walks a dog in the shade away from the midday sun past the New York Stock Exchange (NYSE) building in Manhattan, during hot weather in New York City, New York, U.S., August 11, 2020. Mike Segar | Reuters Stock futures were flat in overnight trading on Thursday as investors await the latest retail
Alex Gorsky, Chairman and CEO of Johnson & Johnson, rings the opening bell to celebrate the 75th anniversary of his company’s listing at the New York Stock Exchange, September 17, 2019. Brendan McDermid | Reuters Johnson & Johnson on Tuesday reported third-quarter earnings and revenue that beat Wall Street’s expectations, led by higher sales in
Cruise Automation COO Dan Kan (l to r), Cruise Automation CEO Kyle Vogt and General Motors President Dan Ammann Tuesday, November, 20, 2018 at Cruise Automation offices in San Francisco, California. Source: Noah Berger | General Motors Cruise, a majority-owned subsidiary of General Motors, plans to begin testing unmanned autonomous vehicles by the end of
EmirMemedovski Take a few minutes to review your workplace benefits for next year. Your household finances for 2021 could depend on it. After one of the most difficult and financially stressful years for many Americans, digging back into the details of workplace benefits like health savings accounts, or HSAs, and flexible spending accounts (FSAs) is
Billionaire investor Ron Baron, who says his stake in Tesla has made his firm 10 times its original investment, told CNBC on Wednesday that he expects similar growth from Elon Musk’s space company. “SpaceX I think has a chance to be just as large as Tesla,” Baron said on CNBC’s “Squawk Box.” Baron’s investment firm holds
Wealthy families are racing to change their estate plans and pass hundreds of billions of dollars to their kids in the event of a Biden victory in November, according to attorneys and tax advisors to the wealthy. With the odds growing of a Biden win and possible blue wave, millionaire and billionaire families are speeding
Check out the companies making headlines before the bell: Walgreens – The pharmacy chain operator reported adjusted quarterly profit of $1.02 per share, 6 cents above estimates, with revenue also above forecasts. Walgreens also announced a 2.2% dividend increase. The shares added 2% in premarket trading as of 7:40 a.m. ET. Morgan Stanley – Morgan
James Gorman David A. Grogan | CNBC Morgan Stanley is set to report third-quarter earnings before the opening bell on Thursday. Here’s what Wall Street expects: Earnings: $1.28 a share, less than 1% higher than a year earlier, according to Refinitiv. Revenue: $10.64 billion, 6% higher than a year earlierWealth management: $4.45 billion, according to
Coronavirus clinical trials from drug giants Johnson & Johnson and Eli Lilly hit a snag this week after safety monitors halted them over bad reactions from participants. J&J said Monday it paused the late-stage trial of its coronavirus vaccine candidate after a participant reported an “adverse event.” Less than 24 hours later, Eli Lilly said its
Prisoners are getting a second chance at receiving the $1,200 stimulus checks the government sent this spring. Judge Phyllis J. Hamilton of the U.S. District Court for the Northern District of California recently ruled that the government should not withhold those checks from people solely because they are incarcerated. There are roughly 1.5 million incarcerated
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