Thomas M. Barwick | Getty Images Social Security benefits make up about 30% of elderly Americans’ incomes, according to the Social Security Administration. For some beneficiaries, it can be 90% or more. Yet many people do not think of those earned benefits, and the monthly checks that come with them, as a personal financial asset,
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The incoming CEO of Splunk, Gary Steele, told CNBC’s Jim Cramer on Friday he hopes to be a “stabilizing force” for the company and its customers. Steele, whose appointment was announced two days ago, is set to take over the data-analytics software maker and join its board April 11. Splunk had been without a permanent
Dubai, United Arab Emirates, on July 5, 2021. Christopher Pike | Bloomberg | Getty Images An intergovernmental organization dedicated to combating money laundering and illicit cash flows on Friday placed the United Arab Emirates on its “gray list” over concerns that the Gulf country isn’t sufficiently stemming illegal financial activities. The UAE was one of
Italy is home to some of the world’s most famous cities, art, wine and beaches. Think Florence, Rome and Venice with their abundant Renaissance architecture and well-known galleries, Tuscany with its globally-renowned vineyards and the glamorous Amalfi coast with its see-and-be-seen vibe. While these places are an obvious draw for travelers, Italians themselves prefer to
Jbyard | Istock | Getty Images President Joe Biden made no mention of student loan forgiveness at his State of the Union address on Tuesday. Yet a spokesman for the administration says cancellation remains on the table. White House Chief of Staff Ron Klain said a decision on whether to forgive student debt through executive
A “now hiring” sign is posted in the window of a restaurant in Los Angeles, California on January 28, 2022. Frederic J. Brown | AFP | Getty Images The latest nonfarm payroll report shows a labor market nearing a recovery to pre-pandemic levels, but small business owners across the U.S. say that finding and keeping
New Jersey Governor Phil Murphy speaks to volunteers as he meets with Newark Mayor Ras Baraka during the gubernatorial election in Newark, New Jersey, November 2, 2021. Eduardo Munoz | Reuters New Jersey Gov. Phil Murphy on Friday said large-scale mitigation measures are no longer needed to fight Covid, lifting a public health emergency order
In this article GDRX GoodRx signage on the outside of the Nasdaq on the day of its IPO, September 23, 2020. Source: GoodRx Shares of discount drug prescription service GoodRx dropped 39% on Tuesday to a record low after the company reported weaker-than-expected revenue and issued a disappointing forecast. GoodRx lets consumers search for the
Fuel prices are displayed at gas stations on March 03, 2022 in Chicago, Illinois. Increasing demand and dwindling supplies coupled with global supply uncertainty driven by the war in Ukraine have driven gas prices over $4-per-gallon in many parts of the country. Scott Olson | Getty Images Gas prices are surging, with the national average
New Jersey Gov. Phil Murphy delivers a victory speech on Nov. 3, 2021, in Asbury Park, New Jersey. Eduardo Munoz Alvarez | Getty Images Property tax relief may soon be coming to New Jersey. Gov. Phil Murphy has proposed the ANCHOR property tax relief program, extending savings to nearly 1.8 million households, as part of
In this article MSCI Traders work on the floor of the New York Stock Exchangeon March 04, 2022 in New York City. Spencer Platt | Getty Images Exchange traded funds that track Russian stocks fell dramatically this week and face an uncertain future as the war in Ukraine has led to Russia being increasingly isolated
Cabania | iStock | Getty Images Plus Despite ongoing challenges, the IRS has sent nearly 30 million tax refunds, worth about $103.2 billion, the agency reported Friday. While 29% of Americans worry about a smaller refund, according to a Bankrate survey, the average is currently $3,473 through Feb. 25, which is $658 larger than last
Small businesses will be facing growing challenges from inflation and higher wages, Chicago Federal Reserve President Charles Evans said Friday. Even with average earnings flattening out in February, Evans told CNBC that he hears from smaller companies in his district about the challenges from cost increases. “I think there are a lot of business models,
Joaquin Corbalan | Istock | Getty Images Most of the pandemic-era forbearance options for struggling homeowners have come to an end, but a pot of money allocated by Congress is still available to them. The Homeowner Assistance Fund, overseen by the U.S. Department of the Treasury, is a nearly $10 billion federal program established to
This spring, the United States Food and Drug Administration (FDA) is expected to announce a national ban on menthol-flavored cigarettes and cigars with a characterizing flavor, an attempt to limit tobacco consumption, and, as a result, improve public health. But given the high level of taxation on tobacco products (on average, excise taxes alone make
In this article MMAT SK Telecom’s “4D Metaverse” ride at Mobile World Congress 2022 in Barcelona, Spain. Ryan Browne | CNBC BARCELONA — Mobile World Congress made a big comeback this year — but the term on everyone’s lips wasn’t “smartphones” or “5G.” Instead, it was the “metaverse,” a vague concept used to describe vast
In this article SG A Sweetgreen banner on the NYSE, November 18, 2021. Source: NYSE Sweetgreen on Thursday reported widening losses but strong fourth-quarter sales growth and promising performance at its restaurants in its first quarterly report since its initial public offering. The salad chain also issued a strong sales outlook for 2022, although it
In this article COST MRVL SG GPS AVGO TSLA Take a look at some of the biggest movers in the premarket: Tesla (TSLA) — Shares fell 1.2% in premarket trading after CEO Elon Musk challenged the United Auto Workers union to try and organize his company’s assembly plant in Fremont, California. Sweetgreen (SG) — Sweetgreen
If you’re one of the record number of Americans getting married in 2022, you may have started to consider how you and your partner will handle your finances. “I try not to be too preachy, but in my experience working with couples, in most good marriages there is this feeling of, ‘We are completely in
In this article C Jane Fraser, chief executive officer for Latin American at Citigroup Inc., smiles during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. The conference brings together leaders in business, government, technology, philanthropy, academia, and the media to discuss actionable and collaborative solutions to some of