Flights are booked. Bags are packed. To cancel Christmas travel plans seems unfathomable at this point. But for many, so does the speed at which the omicron variant is spreading. The highly transmissible Covid-19 variant — which was first detected in late November but has since been detected in nearly 90 countries — is causing
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President Joe Biden addresses graduates of South Carolina State University during their commencement ceremony on Dec. 17, 2021. Mandel Ngan | AFP | Getty Images The Biden administration is considering extending the payment pause and interest waiver for most federal student loan borrowers once again. “Since day one of the Biden Administration, we’ve been hard
Migrant workers build a scaffold at the construction site of Huayang Commercial City Phase II in Huai ‘an City, east China’s Jiangsu Province, Feb. 7, 2021. Costfoto | Barcroft Media | Getty Images BEIJING — China’s struggling real estate developers face a growing number of repayment deadlines in the next few months. Real estate giant
Loading chart… Incyte Corporation: “That one makes no sense that it’s down here. I think you got a really good one. I think you should maybe buy even more than you have. I don’t get it. This company actually makes money. It’s real good. I think the big boys are going to come to it.
Stock futures opened flat on Tuesday night after the major averages rebounded from a three-day losing streak spurred by fears about the omicron Covid variant. Dow Jones Industrial Average futures fell 0.03%. S&P 500 futures inched 0.06% lower and Nasdaq 100 futures slipped 0.1%. All three of the major averages rallied in regular trading, pushing
The superyacht “Kismet”, currently owned by Pakistani-American billionaire Shahid Khan, is seen moored near Tower Bridge on October 21, 2021 in London, England. Leon Neal | Getty Images More than 1,000 superyachts are now in production or on order, as the global rich seek refuge from Covid-19 and crowds on their nine-figure floating palaces. According
Labor activists hold a rally in support of a national $15 minimum wage on May 19, 2021, in Washington, D.C. Kevin Dietsch | Getty Images News | Getty Images As the calendar changes to a new year, residents of some states can expect to see a boost to their paychecks. Starting Jan. 1, 2022, several
In this article VIAC T DIS 6758.T-JP CMCSA NFLX AMZN Tom Holland stars as Spider-Man in “Spider-Man: No Way Home.” Sony The opening weekend of “Spider-Man: No Way Home” was a welcome boost to the domestic box office. Not only did the Sony–Marvel collaboration shatter box office sales records set prior to the pandemic by
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Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike jumped 3.5% in the premarket after it reported quarterly earnings of 83 cents per share, 20 cents a share above estimates. Revenue was slightly above forecasts, but the athletic footwear and apparel maker said sales were hurt by a
If Mark Cuban could solely invest in one personality trait, it would be confidence. On Friday’s episode of ABC’s “Shark Tank,” the billionaire investor said he rejected one start-up founder’s pitch for that exact reason. The founder, Liv Bowser, launched her Los Angeles-based mental health company Liberate in May 2020. The start-up offers instructor-led Zoom
Jim Cramer on CNBC’s Halftime Report. Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday he believes there will be a Santa Claus rally this year despite the raging omicron variant that’s spiking Covid cases during the holidays. The seasonal stock market phenomenon has historically started around now and continued into the first days of
Secretary of Education Dr. Miguel Cardona answers questions during the daily briefing at the White House August 5, 2021 in Washington, DC. Win McNamee | Getty Images The U.S. Department of Education announced Wednesday a host of major changes to the public service loan forgiveness program, which could bring more than 550,000 borrowers closer to
A for rent sign advertising a row house in northeast Capitol Hill, is pictured on Monday, August 26, 2019, in Washington D.C. Tom Williams | CQ-Roll Call, Inc. | Getty Images Demand for single-family rental homes is so strong that rents have nowhere to go but up, and they are rising at an increasingly fast
As 2021 comes to a close, countries are moving toward harmonizing tax rules for multinationals, but stalled talks on the Build Back Better Act (BBBA) in the United States means new uncertainties for a global agreement and for taxpayers. Despite the 2017 U.S. tax reform serving as inspiration for current discussions of a global minimum
World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus attends a news conference organized by Geneva Association of United Nations Correspondents (ACANU) amid the COVID-19 outbreak, caused by the novel coronavirus, at the WHO headquarters in Geneva Switzerland July 3, 2020. Fabrice Coffrini | Pool | Reuters The World Health Organization has called for some holiday
Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York, December 17, 2021. Andrew Kelly | Reuters Stock futures climbed in overnight trading Monday following a broad sell-off amid fears about the fast-spreading omicron Covid variant. Futures on the Dow Jones Industrial Average gained 110 points. S&P 500 futures
In the centuries-old carol “The 12 Days of Christmas,” celebrations span less than two weeks. Today Christmas is regularly celebrated throughout December, and in some places, a good portion of November too. But four months of festivities in the Philippines gives new meaning to the term “holiday season.” The ‘ber’ months Christmas is celebrated
Elizabeth Frantz | Reuters Two years after Congress passed a law that ushered in improvements to the U.S. retirement system, lawmakers’ efforts to make further enhancements are moving forward — albeit slowly. There’s bipartisan backing for measures in both the House and Senate that would build on the 2019 Secure Act, which aimed to increase
Ben Rains dives into the continued market turbulence and selling that revved up to start a Christmas-shortened trading week, as Wall Street assesses the possibilities of another round of covid lockdowns. The episode then turns its attention to a few beaten-down growth tech stocks—Snap (SNAP) and Roku (ROKU)—that might be worth buying at huge discounts