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Research and development (R&D) is a crucial part of technological change, as R&D takes initial scientific discoveries and translates them into useful products that improve lives. Both the public and private sectors play important roles in R&D, but in recent years, private sector investment has become increasingly important. In 2019, businesses performed 75 percent of
In this article FUBO Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | Lightrocket | Getty Images FuboTV, a live-TV bundle streaming service, said it was the target of a criminal cyberattack Wednesday, affecting customers trying to access their subscriptions during the World Cup semifinal match between France and Morocco. Once the attack was detected,
In this article ADBE Follow your favorite stocksCREATE FREE ACCOUNT Shantanu Narayen, CEO, Adobe Mark Neuling | CNBC Adobe shares rose 6% in extended trading on Thursday after the design software maker announced fiscal fourth-quarter earnings and guidance that exceeded analysts’ expectations. Here’s how the company did: Earnings: $3.60 per share, adjusted, vs. $3.50 per
People line up outside a fever clinic in Beijing on Dec. 14, 2022, just days after the country relaxed its Covid controls amid below-freezing weather in the capital city. Yuxuan Zhang | Afp | Getty Images BEIJING — Mainland China’s swift rollback of many Covid-related restrictions has been unexpectedly sudden, revealing a new set of
Joos Mind | Photodisc | Getty Images Long Covid results in $9,500 of total average medical costs for workers and their employers in the six months following a diagnosis, according to a study by Nomi Health. Long Covid is a chronic illness that can carry potentially debilitating symptoms, which may last for months or years.
As the housing market cools quickly, house flippers are finding it harder to make fast profits. In the third quarter, gross flipping profit, which is the difference between the median purchase price paid by investors and the median resale price, dropped to $62,000, according to ATTOM, a real estate data provider. That’s down 18.4% from
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In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Avatar: The Way of Water Courtesy: Disney Co. James Cameron’s long-awaited sequel to 2009’s “Avatar” arrives in theaters this weekend and it has critics captivated and exasperated. Disney’s “Avatar: The Way of Water,” which clocks in at over three hours long, is being hailed as
In this article SNAP T NFLX Follow your favorite stocksCREATE FREE ACCOUNT The Netflix logo is seen on a TV remote controller, in this illustration taken January 20, 2022. Dado Ruvic | Reuters Check out the companies making headlines in midday trading. Netflix— Netflix tumbled more than 9% following a report from Digiday that said
Tommaso79 | Istock | Getty Images If you’ve opted into your company’s group disability insurance plan, you may assume there’s sufficient income protection if you can’t work due to illness or injury. But experts say your workplace coverage may not be enough. John Ryan, founder and CEO of Ryan Insurance Strategy Consultants, urges employees to
Underlying every fiscal policy discussion in Washington is the question of progressivity: how much should tax and spending policy redistribute from high-income households to low-income households? This debate is often more rhetorical than substantive, but a recent study by the Congressional Budget Office (CBO) fills this void by presenting data showing that the current fiscal
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Netflix’s series about Prince Harry and Meghan has become the streaming giant’s biggest documentary debut yet. Daniel Leal | Afp | Getty Images Netflix’s documentary series about Britain’s Prince Harry and his wife, Meghan, the Duchess of Sussex, has become the streaming platform’s biggest documentary
In this article PL Follow your favorite stocksCREATE FREE ACCOUNT Will Marshall, Co-Founder & CEO of Planet Inc., celebrates his company’s listing on the floor of the New York Stock Exchange (NYSE) in New York City, December 8, 2021. Brendan McDermid | Reuters Satellite imagery and data company Planet reported record third-quarter revenue on Wednesday,
The Swiss National Bank hikes interest rates again. FABRICE COFFRINI / Contributor / Getty Images The Swiss National Bank increased its benchmark interest rate Thursday for the third time this year, taking it to 1%. The central bank said it was looking to counter “increased inflationary pressure and a further spread of inflation” with the
Inflation in the United States hit a record high in June 2022. Consumer prices soared by 9.1% compared with a year prior — the largest annual increase since 1981. While wages are rising, they’re not keeping up with inflation. Wage growth has been consistent with an inflation rate of about 4.5%. Meanwhile, as of November,
In this article DAL Follow your favorite stocksCREATE FREE ACCOUNT Delta Air Lines says the travel boom isn’t over. The airline expects its adjusted earnings to nearly double to as much as $6 per share next year, above analysts’ estimates. It forecast a 15% to 20% jump in revenue in 2023 from this year, which
The Federal Reserve will hike interest rates to as high as 5.1% in 2023 before the central bank ends its fight against runaway inflation, according to its median forecast released Wednesday. The expected “terminal rate” of 5.1% is equivalent to a target range of 5%-5.25%. The forecast is higher than the 4.6% projected by the
FamVeld If you don’t have health insurance lined up for next year, there’s still time to get private coverage through the public marketplace. The deadline is Dec. 15 — Thursday — to sign up on Healthcare.gov for a health plan to take effect Jan. 1. Otherwise, you have until Jan. 15 to enroll with coverage
The Federal Reserve raised its target federal funds rate by 0.5 percentage points at the end of its two-day meeting Wednesday in a continued effort to cool inflation. Although this marks a more typical hike compared to the super-size 0.75 percentage point moves at each of the last four meetings, the central bank is far from