pixelfit | E+ | Getty Images Women earned just 84% of what men made in 2020, according to the Pew Research Center. And that difference — dubbed the gender wage gap — has stayed consistent for about 15 years. The discrepancy is often attributed to education, occupation and experience. However, research from economists at the
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In this article PAYX Small business owners are starting to fill-up their staff rosters again as certain Covid-era programs end and inflation rises, Paychex CEO Marty Mucci told CNBC on Tuesday. “Some of the things that are drying up, per se, the child tax credit, that was really impacting 30 million different households,” Mucci said
America’s suburbs are sprawling again. Last year, single family housing starts rose to 1.123 million, the highest since 2006, according to the National Association of Home Builders, however, options for prospective homebuyers remain lean. Experts say the problems of America’s housing market relate to past policy decisions. In particular, they say restrictive zoning codes are
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Shares are down double digits in 2022 and they have good earnings track records. Are these stocks deals? Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Dover Corp.: “I liked the quarter. We’re looking for companies that make things and do stuff, but it does have some of these industrial problems that others have. I’m going to say you can hold onto it.” Perficient: “This is one of those companies that sells at 60 times earnings, and we have been saying
Scott Mlyn | CNBC LONDON — UBS on Tuesday reported a fall in quarterly profit, but beat analyst expectations and set ambitious new profitability targets as part of a strategic update. The Swiss bank posted net profit attributable to shareholders of $1.35 billion for the fourth quarter. This was down from $1.64 billion a year
Take a look at some of the biggest movers in the premarket: AT&T (T) – AT&T announced plans to spin off its stake in the WarnerMedia/Discovery Communications (DISCA) combination to its shareholders when that merger is completed later this year. Shareholders will receive 0.24 shares of Warner Brothers Discovery for each AT&T share they now
A Now Hiring sign hangs in front of a Winn-Dixie grocery store on Dec. 3, 2021 in Miami. Joe Raedle | Getty Images The rapid pace of pay increases that characterized the labor market for much of last year is showing signs of slowing down. Wage growth among private-sector jobs slowed to 1.2% in the
lvcandy | DigitalVision Vectors | Getty Images Sales of real estate in the metaverse topped $500 million last year and could double this year, according to investors and analytics firms. Real estate sales on the four major metaverse platforms reached $501 million in 2021, according to MetaMetric Solutions. Sales in January topped $85 million, the
Silvergate Capital CEO Alan Lane told CNBC on Monday the bank holding company hopes to launch a stablecoin by the end of this year, following its acquisitions of assets and intellectual property from Mark Zuckerberg’s beleaguered cryptocurrency project. The California-based financial firm, which through its subsidiary Silvergate Bank operates the crypto-focused payments platform Silvergate Exchange
Stock futures declined in overnight trading Monday after Wall Street wrapped up a tumultuous month with steep losses as investors grappled with the Federal Reserve’s policy shift. Futures on the Dow Jones Industrial Average dipped 80 points. S&P 500 futures and Nasdaq 100 futures both traded 0.3% lower. While stocks pulled off a tech-driven rally
CNBC’s Jim Cramer said Monday that investors should not bet against Federal Reserve Chairman Jerome Powell and his approach to fighting inflation. “I just think that everyone has decided that inflation is going to last years and without multiple [interest rate] increases, Jay is going to be very wrong,” Cramer said on “Squawk Box.” “I
A woman shovels her car out of the snow during a major snowstorm on Jan. 29, 2022 in Stony Brook, New York. Andrew Theodorakis | Getty Images After a few months of winter and two major snowstorms pounding much of the eastern U.S. in January, many Americans may be realizing they’re in for elevated heating
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Ben Rains quickly explores the broader market conditions amid the recent rebound that’s pushed the S&P 500 back above a key technical level and seen the tech-heavy Nasdaq surge. The episode then dives into two mega-cap stocks, Disney (DIS) and Coca-Cola (KO), ahead of their earnings releases to see if investors might consider buying either
Ex-pharmaceutical executive Martin Shkreli arrives at the U.S. District Court for the Eastern District of New York in June, 2017. Getty Images Companies founded by notorious “Pharma Bro” Martin Shkreli have agreed to pay up to $28 million to settle a class-action lawsuit related to claims they illegally thwarted competition to the prescription medication Daraprim
The U.S. economy is ready for interest rate increases to control rampant inflation, Richmond Federal Reserve President Thomas Barkin said Monday. With the Fed poised to start hiking rates in March and beyond, Barkin told CNBC in a live interview that tighter monetary policy is appropriate. However, he didn’t commit to how aggressive the central
JohnnyGreig | E+ | Getty Images Embracing diversity is good for business. More diverse companies, both at board level and throughout the workforce, can outperform on financial metrics such as return on equity and higher earnings per share. They can also generate higher returns compared to their indices, according to GS Sustain 2020. Moreover, embracing
10’000 Hours | DigitalVision | Getty Images Bonds take on a bigger role in retirement, as investors take chips off the table to protect their nest egg. Unfortunately, it’s easy to get tripped up — namely, by chasing returns and taking too much risk, according to financial advisors. “Bonds are the single biggest mistake I