U.S. President Joe Biden delivers remarks on the end of the war in Afghanistan in the State Dining Room at the White House on August 31, 2021 in Washington, DC. Chip Somodevilla | Getty Images President Joe Biden on Friday blamed the coronavirus pandemic for a surprisingly weak jobs report, calling out Americans who have
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Visitors crowd around the Nvidia booth at the 2016 China Digital Entertainment Expo, known as ChinaJoy, in Shanghai. STR | AFP | Getty Images Check out the companies making headlines in midday trading. Didi Global — Shares of the Chinese ride-hailing giant climbed 3%, on pace for double-digit gains on the week amid a Bloomberg
In this article XOM A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, May 15, 2021. Kathleen Flynn | Reuters Activist firm Engine No. 1 after winning three board seats at Exxon is meeting with other oil companies in its climate change fight, a source familiar told CNBC’s David Faber. The hedge
Sam Edwards | Getty Images As the year winds down, retirees eager to make charitable gifts may consider a tax-friendly donation from their individual retirement account. The strategy, known as a qualified charitable distribution, or QCD, involves a direct payment from an IRA to an eligible charity. Retirees who are age 70½ and older may
OLIVIER DOULIERY | AFP | Getty Images More than a third of jobless Americans in August were long-term unemployed as benefits for these workers are set to expire. About 3.2 million people — or 37.4% of the total unemployed — have been out of work for at least six months, the official barometer for long-term
The U.S. housing market has been an unlikely beneficiary from the Covid-19 pandemic. During the pandemic, home prices have climbed at a record pace. The median price for an existing home reached over $363,000 in June 2021, a 23.4% year-over-year increase. “You can see in just basically the last 15 months or so, we’ve seen
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Alaska Airlines Airbus A320-214 arrives at Los Angeles international Airport on September 15, 2020 in Los Angeles, California. AaronP/Bauer-Griffin | GC Images | Getty Images Alaska Airlines will require unvaccinated employees to be tested regularly for Covid-19 but the Seattle-based carrier stopped short of mandating vaccines, a policy it said it was considering last month.
A Chinese bank clerk counts yuan banknotes at a bank in Huaibei, east Chinas Anhui Province, July 6, 2012. Jie Zhao | Corbis News | Getty Images BEIJING — Chinese investors are turning to the local stock market as once-lucrative options like real estate and cryptocurrencies have fallen under tighter government scrutiny. Since late July,
Gabby Jones/Bloomberg via Getty Images Jobless workers will soon receive their last payment of pandemic-era unemployment benefits. Federal programs that have helped millions of unemployed Americans during the Covid health crisis end this weekend. These programs, created by the CARES Act in March 2020, issued benefits on a historic level, unrivaled since the unemployment system
Singapore has hinted that unvaccinated travelers may be subject to longer quarantine periods and additional testing. franckreporter | E+ | Getty Images SINGAPORE — Housing prices have shot up across cities in Asia-Pacific this year, fueled by record low interest rates amid the pandemic. Optimism has also gained steam as vaccination rates gain pace, and
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Which home improvement stocks will benefit from a busy summer?
In this article LE Consumer demand isn’t the problem — it’s getting the products to the shelves on time, according to apparel retailer Lands’ End. The retailer’s stock closed down more than 9% on Thursday at $31.10. Although the retailer turned in better-than-expected fiscal second-quarter results, supply chain issues are making its outlook uncertain and
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Aug. 23, 2021. Michael Nagle | Bloomberg | Getty Images U.S. stock futures were steady in overnight trading on Thursday as investors geared up for August’s jobs report. Dow futures rose just 6 points. S&P 500
Elizabeth Holmes, the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of jury selection in her fraud trial, outside Federal Court in San Jose, California on August 31, 2021. Nick Otto | AFP | Getty Images SAN JOSE, CALIF. – A jury of seven men and five women will decide
Photo: Image Source | Getty Images When you’re in your 20s, retirement saving may not be the first goal on your financial checklist — if you even have one. Yet starting to save for retirement as early as possible can set you up for success in the long-term. “It’s totally understandable, because it’s tough when
As wildfires tear across America’s West, the immediate risk is to life and property, but they will eventually affect water supplies. That’s one reason large corporations are beginning to help fund forest restoration in order to mitigate their water risk. The water supply for many communities, including large cities, starts in mountains and national forests.
Invesco’s Nasdaq 100 tracking ETF (QQQ) October monthly options are lining up very nicely for a trading/hedging opportunity
The flood of FinTech IPOs is far from over, but some homework is vital to invest safely