In this article GM F 7203.T-JP VOW3-DE A charging cable plugged into a Volvo electric vehicle in London on November 18, 2020. TOLGA AKMEN | AFP | Getty Images New homes in England will be required to have charging points for electric vehicles, according to plans announced by authorities in the U.K. “We’re regulating so
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Lael Brainard, governor of the U.S. Federal Reserve, listens during an event sponsored by the Economic Club of New York in New York, U.S., on Tuesday, Sept. 5, 2017. Mark Kauzlarich | Bloomberg | Getty Images Lael Brainard is often the outlier. In her role as one of seven Federal Reserve governors, she’s made a
In this article ASTR The company’s rocket LV0007 lifts off from Pacific Spaceport Complex in Kodiak, Alaska on November 20, 2021. Astra Shares of rocket builder Astra surged in trading on Monday after the company reached orbit for the first time over the weekend. The company’s rocket LV0007 launched from the Pacific Spaceport Complex in
Getty Images Clients grappling with a layoff or jumping into retirement may have some tax-planning opportunities as the year winds down, top advisors say. By the third quarter of 2020, 28.6 million baby boomers reported being out of the workforce, out of an entire cohort numbering 71.8 million, according to Pew Research. That’s 3.2 million more
President Joe Biden announced Monday that he is nominating Jerome Powell for a second term as chairman of the Federal Reserve, which means Americans can expect the U.S. central bank to maintain its patient stance on inflation and interest rates. Biden praised Powell and the Fed for “decisive” action that cushioned the impact of the
Real estate broker Rebecca Van Camp places a “Sold” placard on her sign in front of a home in Meridian, Idaho, on Wednesday, Oct. 21, 2020. Darin Oswald | Tribune News Service | Getty Images Sales of previously owned homes in October rose 0.8% to a seasonally adjusted annualized rate of 6.34 million units, according
With some 12 million people across more than 100 countries, the Filipino diaspora is one of the largest in the world. Yet the food of the Philippines isn’t as widely known as some Asian cuisines. Fans of the cuisine argue that adobo — chicken or pork braised in soy sauce, vinegar, garlic and peppercorn —
Long-term market bull Jeremy Siegel expects a serious pullback that it isn’t tied to the Covid-19 surge risks. His tipping point: a drastic change in Federal Reserve policy in order to deal with hot inflation. “If the Fed suddenly gets tougher, I’m not sure that the market is going to be ready for a U-turn
High-rise apartment buildings at China Evergrande Group’s under-construction Riverside Palace development in Taicang, Jiangsu province, China, on Friday, Sept. 24, 2021. Qilai Shen | Bloomberg | Getty Images Asian high-yield bonds have been a hot favorite among institutional investors for the last few years. Also known as junk bonds, they are non-investment grade debt securities
People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. Jason Lee | Reuters BEIJING — China’s central bank removed several phrases on policy restraint in a quarterly report, a move economists said may be a sign that stimulus is on its way. The
WATFORD, ENGLAND – NOVEMBER 20: Manchester United manager Ole Gunnar Solskjaer during the Premier League match between Watford and Manchester United at Vicarage Road on November 20, 2021 in Watford, England. Mark Leech/Offside | Offside | Getty Images United have confirmed Solskjaer’s assistant Michael Carrick will be placed in temporary charge, with the club also
A trader during the Sweetgreen initial public offering (IPO) in front of the New York Stock Exchange (NYSE) in New York, on Thursday, Nov. 18, 2021. Michael Nagle | Bloomberg | Getty Images Stock futures rose slightly in overnight trading on Sunday ahead of the holiday-shortened week, a historically seasonally strong period for Wall Street.
By nearly all accounts, this Black Friday could be bigger than ever. Nearly 2 million more people are expected to shop from Thanksgiving Day through Cyber Monday (Nov. 29) this year compared to last year, according to the National Retail Federation. “We’re expecting another record-breaking holiday season, and Thanksgiving weekend will play a major role,”
Our recently published 2021 International Tax Competitiveness Index (ITCI) measures and compares how well OECD countries promote sustainable economic growth and investment through competitive and neutral tax systems. This week, we examine how European OECD countries rank on individual taxes, continuing our series on the ITCI’s component rankings. The ITCI’s individual tax component scores OECD
In this article APT-AU AFRM Shoppers ascend and descend an escalator at the Willow Grove Park Mall in Willow Grove, Pennsylvania, November 14, 2020. Mark Makela | Reuters As holiday shoppers gear up for celebrations, they’re preparing for a season that will look noticeably different than a year ago. Big parties with family and friends.
In this article GM WIX NFLX SQ NVDA The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021. Rebecca Cook | Reuters Earnings season is drawing to a close, and companies have offered investors and analysts insight into their plans for growth in the coming
Michael Tubbs, former mayor of Stockton, California. Nick Otto | AFP | Getty Images Michael Tubbs had the odds stacked against him while growing up in Stockton, California, as the son of a young single mother and an incarcerated father. Tubbs, 31, felt the expectations for his life as a Black man in America were
Space company Firefly is preparing for the second orbital launch attempt of its Alpha rocket, as the venture looks to build out the foundation of its business. “Firefly is aiming to be the next SpaceX, a very transformative space transportation company,” Firefly CEO Tom Markusic told CNBC. The company recently gave CNBC an inside look
Families, parents and caregivers call on Congress to include paid family and medical leave in the Build Back Better legislative package during an all-day Nov. 2, 2021 vigil in Washington, D.C. Paul Morigi | Getty Images Entertainment | Getty Images It’s been a contentious battle to get paid family leave included in social spending legislation
Flight attendants wearing protective masks walk through Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, on Wednesday, April 7, 2021. Elijah Nouvelage | Bloomberg | Getty Images An accidental gun discharge at Hartsfield-Jackson Atlanta International Airport’s security screening area on Saturday afternoon led to all departing flights being briefly halted. The airport said on Twitter there