A man checks in at a Covid-19 testing site in the international arrivals area of Los Angeles International Airport in Los Angeles, California on December 22, 2021. Frederic J. Brown | AFP | Getty Images The Biden administration is dropping Covid-19 testing requirements for inbound air travelers from abroad, the White House said Friday. The
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Omar Marques | LightRocket | Getty Images The brokerage industry is exploring alternatives to payment for order flow as SEC chair Gary Gensler takes aim at the practice. One idea is coming from Apex Clearing, CNBC has learned. The clearing firm handles trades for SoFi, Webull and other fintechs and has been quietly building a
Catherine Mcqueen | Moment | Getty Images Inflation is eroding the value of consumers’ savings at the fastest pace in four decades. The Consumer Price Index, which gauges how quickly costs are rising for a basket of goods and services, jumped 8.6% in May from a year earlier, the U.S. Department of Labor said Friday.
The Republican Study Committee (RSC) released its FY 2023 budget today, led by Budget and Spending Task Force Chair Rep. Kevin Hern (R-OK) and RSC Chairman Jim Banks (R-IN), and prescribes several pro-growth tax reforms that would simplify the tax code and encourage business investment. Among the most impactful reforms are permanence for the Tax
Jake and Stephanie Murphy are moving into a new single-family rental home built by American Homes 4 Rent. Diana Olick | CNBC Real Estate Correspondent As demand for single-family rental homes surges, big landlords are jumping into the homebuilding business to shore up falling supplies. The push comes as more Americans have the flexibility to
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In this article DOCU Dan Springer, chief executive officer at DocuSign. David Paul Morris | Bloomberg | Getty Images DocuSign shares fell as much as 24% in extended trading on Thursday after the electronic signature software vendor reported weaker-than-expected earnings in its fiscal first quarter. Here’s how the company did: Earnings: 38 cents per share,
Still from Universal Studio’s “Jurassic World: Dominion” NBCUniversal “Jurassic World: Dominion” may score to top spot at the domestic box office this weekend, but lackluster reviews and word-of-mouth could stall its potential haul. “Inevitably, ‘Jurassic World: Dominion’ will make a fortune worldwide, since these films always do,” wrote Robbie Collin in his review of the
In this article NFLX ILMN RENT SFIX MTN DOCU Check out the companies making headlines before the bell: DocuSign (DOCU) – The electronic-signature technology company’s stock plunged 26.1% in the premarket after its quarterly profit and revenue fell short of Wall Street forecasts. DocuSign had previously warned that a return to post-Covid working conditions could
Chief executives at 228 American companies co-signed a letter on Thursday urging members of the U.S. Senate to take “bold, urgent action” to pass legislation aimed at reducing gun violence in America. The CEOs who signed the letter represent companies both large and small across a wide range of industries, including some highly recognizable names:
Prathanchorruangsak | Istock | Getty Images Maxing out your 401(k) isn’t easy, but if you reach the limit with money to spare, there may be a way to save more. In 2022, employees can defer $20,500 plus $6,500 for investors 50 and older. However, after-tax contributions may bypass those caps up to $61,000, including company
Having an emergency fund should be a cornerstone of your personal budget. Experts recommend that you should have at least three months of expenses in savings to handle unforeseen circumstances. But how much money should you save before you intentionally quit your job? That is a harder question to answer. For Tori Dunlap, founder of
But there are rules around opening one for a child. First: The child must have earned income. Has your teenager landed a summer job? Good! Now, consider putting your child’s earnings to work long term by opening a Roth individual retirement account. It may seem odd to think about retirement savings when your child could
Dowell | Moment | Getty Images The Covid-19 pandemic has abated in much of the world and, with it, many of the social restrictions implemented to curb its spread, as people have been eager to return to pre-lockdown life. But in its place have emerged a series of viruses behaving in new and peculiar ways.
In this article GS David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Internships have begun at Goldman Sachs‘ offices in the U.S. this week, according to the global investment bank. Roughly 3,700 people won a coveted spot in the company’s summer internship
Travelers planning a golfing vacation to prestigious courses in the United Kingdom may need to act fast. Some of the U.K.’s top venues are selling out, not just this year, but for spots — or tee times — in 2023, due in part to growing confidence in international travel among wealthy Americans. Travelers are attracted
In this article BCSF (Click here to subscribe to the Delivering Alpha newsletter.) Bain Capital, with $160 billion in assets, is one of the largest private, private equity firms. Despite many of its peers going public, like TPG earlier this year, Bain has no immediate plans to join them. John Connaughton is Bain Capital’s global head of
Kieferpix | iStock | Getty Images For retirees who want to put their charitable dollars to work right away but worry about giving away a large sum all at once, there’s a relatively easy strategy that may be a good fit. It’s called a charitable gift annuity. It’s basically is a contract with a nonprofit
Ben Rains explores the stock market and the economy as global economic slowdown fears mount. The episode then dives into three dividend-paying stocks that are poised to keep growing in the near term and could help investors fight off possible stagflation. (0:45) – Stock Market Update: Everything You Need To Know (5:00) – Is Enterprise