Loading chart… Seres Therapeutics: “You’re a younger person and you’re new and I think you can buy it. For an older person, it’s too speculative because the company is not making any money. I like your call, though.” Loading chart… ViacomCBS: “It’s OK. I think that whole business is under assault. You can mention any
Visitors look at an immersive art installation titled ‘Machine Hallucinations Space: Metaverse’ by Refik Anadol at the Digital Art Fair Asia in Hong Kong, Oct. 3, 2021. Lam Yik | Bloomberg | Getty Images MIAMI BEACH, Fla. – Even if NFTs are a flash in the pan, cryptocurrency investors are betting that the underlying blockchain technology
How personal is personal finance, really? It depends on who you ask. Some experts, such as “I Will Teach You To Be Rich” author Ramit Sethi, say that focusing too much on your personal situation can overwhelm you, leading to paralysis when it comes to making choices about money. “Most of us at a high
Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Monday, Oct. 18, 2021. Kyle Grillot | Bloomberg | Getty Images It’s been a dismal week for Cathie Wood’s flagship fund, Ark Innovation, that’s left nearly all of her holdings in bear market.
FatCamera | E+ | Getty Images Almost half of U.S. families with young children have faced a high risk of falling into poverty in the first six years of their children’s lives, according to new academic research. What put those families at risk? Insecure or precarious parental work, according to a study from experts at
With the adoption of its new budget in mid-November, North Carolina has reinforced its position as a leader in pro-growth tax reform, becoming the 12th state to enact income tax rate reductions in 2021 alone. (An additional four states implemented income tax cuts in 2021 that were previously adopted or were automatically triggered upon meeting
CEFutcher | Getty Images Jessica Duckett’s Teddy Bear Day Care and Preschool is feeling the effects of the nation’s hiring crunch firsthand. At her Fairfax, Virginia location, Duckett said she is as many as six employees short and has only 60 of a possible 109 children enrolled, simply because she’s not staffed to care for
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In this article MRVL BIG DOCU DIDI A logo of ride-hailing giant Didi Chuxing displayed on a building in Hangzhou in China’s eastern Zhejiang province. STR | AFP | Getty Images Check out the companies making headlines in midday trading. DocuSign — The software stock plunged 40% after the company issued fourth-quarter sales guidance that was
Billionaire investor Charlie Munger still isn’t a fan of cryptocurrency. “I wish they’d never been invented,” Munger said at the Sohn conference in Sydney on Friday, according to The Australian Financial Review. “I admire the Chinese, I think they made the correct decision, which was to simply ban them,” Munger added. This year, interest in
An aerial view of Launch Complex 39A at NASA’s Kennedy Space Center shows where SpaceX had previously started work on a Starship launchpad (bottom right corner), captured during a flyover by the Inspiration4 crew on Sept. 13, 2021. John Kraus / Inspiration4 SpaceX has begun building a launchpad for its Starship rockets in Florida, CEO
Getty Images This January not only marks the start of a new year. It is also the two-year anniversary of the first identified case of Covid-19 in the U.S. At the time, the pandemic caught most people by surprise. Now, many of our lives do not look the same as they did before Covid-19. People
Joe Raedle | Getty Images The number of long-term unemployed fell by 136,000 in November, continuing a downward trend since early 2021 as the economy and labor market have rebounded. However, the decrease was the smallest since April, when long-term unemployment fell by 35,000 people. Long-term unemployment is a period of joblessness that lasts more
Key Findings: Excessive tax rates on cigarettes in some states induce substantial black and gray market movement of tobacco products into high-tax states from low-tax states or foreign sources. New York has the highest inbound smuggling activity, with an estimated 52.2 percent of cigarettes consumed in the state deriving from smuggled sources in 2019. New
A sign showing entry only for “2G,” the term in Germany for people who are either vaccinated against or have recently recovered from Covid-19. Jens Schlueter | Getty Images German lawmakers have implemented new curbs for the unvaccinated and made plans to vote on making Covid vaccines mandatory. National and regional leaders agreed on Thursday
DocuSign CEO Daniel Springer. Source: DocuSign DocuSign shares plummeted by almost 30% in extended trading on Thursday after the developer of e-signature software provided a forecast for the end of the year that missed analysts’ estimates. Fourth-quarter revenue will come in at between $557 million and $563 million, DocuSign said in its earnings report for
In this article DIDI Budrul Chukrut | LightRocket | Getty Images Didi shares soared as much as 14% in U.S. premarket trading Friday after the company announced plans to delist from the New York Stock Exchange and pursue a listing in Hong Kong instead. Shares of the Chinese ride-hailing giant have been hammered by regulatory
In this article NOC Concept art of a “Starlab” space station Nanoracks NASA awarded a trio of companies with contracts to develop private space stations, as the agency prepares for the retirement of the International Space Station. Jeff Bezos’ Blue Origin, Northrop Grumman, and Nanoracks were awarded a combined $415.6 million under NASA’s Commercial LEO
Yellow Dog Productions | Getty Images Amid the hustle and bustle of the holiday season, don’t forget about required minimum distributions from your retirement accounts. After being waived for 2020, those RMDs — amounts you must take each year from most retirement accounts once you reach a certain age — are again in force for
Hundreds of thousands of homeowners could soon lose or sell their homes as Covid-related mortgage bailout programs expire. The federal government, big banks and mortgage servicers started emergency programs when the pandemic hit early last year, shutting down vast swaths of the economy. The bailouts allowed millions of homeowners to miss payments, some for up
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