A mechanic works on a motorcycle at a Harley-Davidson showroom and repair shop in Lindon, Utah, on Monday, April 19, 2021. George Frey | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Franklin Resources — Shares of the asset manager jumped 12% after the company reported better-than-expected quarterly earnings. Franklin
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In this article TSLA CNBC’s Jim Cramer expressed wonderment Monday at the continued strength in Tesla‘s stock — up about 50% in the past month and roughly 200% in the past 12 months. “Tesla is actually a phenomenon we have to talk about,” Cramer said on “Squawk on the Street,” before the opening bell on
vgajic | E+ | Getty Images Women get paid less than men. In fact, it’s been well documented that, worldwide, women make only 77 cents for every dollar earned by men. Less well-known, and partially a result of that very pay gap, is the pension gulf between men and women. The gender gap in pensions
Bill Koplitz | Moment | Getty Images A retirement tax strategy favored by the wealthy survived in Democrats’ latest social and climate spending plan, after an earlier version had it on the chopping block. So-called backdoor Roth strategies are a way for the rich to skirt income and savings limits that apply to Roth individual
Tetra Images | Tetra images | Getty Images In a time of record mergers-and-acquisitions activity for financial advisory firms, designing and implementing a succession plan has become a critical element for success. This volume and breadth of M&A activity has increased the pressure on, and options for, firm owners. The median registered investment advisor firm
Two women walk next to graves of people who passed away due to the coronavirus disease (COVID-19) at the Parque Taruma cemetery in Manaus, Brazil May 20, 2021. Bruno Kelly | Reuters More than five million people have died from the coronavirus worldwide, according to data collected by John Hopkins University. There have been 5,000,425
Jes Staley, CEO, Barclays Plc Christopher Goodney | Bloomberg | Getty Images LONDON — Barclays CEO Jes Staley will stand down following an investigation into his relationship with Jeffrey Epstein, the bank said in a statement Monday. “Barclays and Mr Jes Staley, Group Chief Executive, were made aware on Friday evening of the preliminary conclusions
kate_sept2004 | E+ | Getty Images When Sherose Badruddin, 38, joined her local Buy Nothing group in Chapel Hill, North Carolina, five years ago, she did it purely to save money. As a single mom, she was on a tight budget. “I joined my Buy Nothing group in 2016 to get free stuff; I
In this article MRNA Moderna said the Food and Drug Administration will need more time to complete its assessment of the biotech company’s Covid-19 vaccine for children ages 12 to 17. The agency is looking specifically at the risk of myocarditis in kids, Moderna said in a statement Sunday, and the review may not be
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, October 27, 2021. Brendan McDermid | Reuters U.S. stock futures rose slightly in overnight trading on Sunday as investors readied for the first trading of November. Market participants are gearing up for another week of corporate earnings, a key Federal
As the founder and director of two entrepreneurship-focused programs at Stevens Institute of Technology, Launchpad and iSTEM, I have overseen the creation of 12 officially incorporated enterprises, with many more on the way. It took about three years to put our first company together, but now we launch a new company every three months. To maintain this efficiency, we need to identify the right students: the rulebreakers,
In this article CMCSA CNK Tom Hardy stars in Sony’s “Venom: Let There Be Carnage.” Sony Don’t count out the domestic box office just yet. A combination of new movie releases, many of which appeared exclusively in theaters, coupled with growing consumer confidence in returning to cinemas amid the coronavirus pandemic led October to be
Strauss Zelnick, CEO of Take Two Interactive. Adam Jeffery | CNBC The third-quarter earnings season has come with plenty of stunning beats — and a few notable disappointments. Investors now face a daunting question: Which companies will carry their success into subsequent quarters? For instance, Tesla has been leading the pack on the green tidal
JGI/Jamie Grill Consumers are likely experiencing sticker shock as new government data shows annual inflation rising at the fastest pace in more than 30 years. So-called headline inflation, including food and energy prices, rose at a 4.4% annual rate in September, the fastest since 1991. With higher prices likely here to stay for now and
The breakdown of supply chains both domestically and worldwide currently dominates headlines. One strong explanation of supply chain failures is the dramatic increase in federal spending throughout the pandemic—raising aggregate demand—combined with the COVID 19-era shift of consumption from services to physical goods. That, coupled with preexisting issues that limit the ability of our ports
In this article GM Chevrolet Corvette Z06 team members from left to right: Aaron Link, lead development engineer; Dustin Gardner, assistant chief engineer, small block; Harlan Charles, product marketing manager; Josh Holder, chief engineer; Tadge Juechter, executive Chief engineer; Kirk Bennion, exterior design manager. Michael Wayland / CNBC DETROIT – General Motors’ new 2023 Chevrolet
Amid widespread job losses and sudden financial turmoil in 2020, many adults found a likely safety net: their parents. A year and a half later, nearly a third of millennials, between the ages of 25 and 40, still receive financial support from their parents, according to a new survey by personal finance site MagnifyMoney. From
In this article AAL An American Airlines Boeing 777-300ER plane takes off from Sydney Airport in Sydney, Australia, October 28, 2020. Loren Elliott | Reuters American Airlines has canceled more than 1,000 flights since Friday, disruptions it blamed on staffing problems and high winds at its busiest hub. On Saturday, American canceled nearly 460 flights,
Amazon’s Shannon Building in Dublin. Artur Widak | NurPhoto | Getty Images Check out the companies making headlines after the bell: Amazon — Shares of the e-commerce giant dropped more than 4% in extended trading on Thursday after a disappointing quarterly earnings report. Amazon posted an EPS of $6.12 for the third quarter, badly missing the
In this article BRK.A Charlie Munger at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller | CNBC Charlie Munger’s architectural design for a new, large dormitory at the University of California, Santa Barbara is getting attention after an architect on the school’s Design Review Committee quit because he thinks it