Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 30, 2013. Andrew Harrer | Bloomberg | Getty Images The head of the SEC says that crypto assets need a lot more regulation before they can move forward. Speaking at the
admin
ArtMarie | E+ | Getty Images ‘Vaccine hesitancy’ has become a popular term as public officials urge unvaccinated Americans to protect themselves against the latest Covid-19 outbreak. Now it turns out there’s also another uncertainty — ‘tax hesitancy’ — that is taking hold among some parents over the expanded monthly child tax credit payments. The
d3sign | Moment | Getty Images A Senate infrastructure measure unveiled this week would pull $31 billion from a Covid disaster-loan program for businesses. The Economic Injury Disaster Loan program was one of the mechanisms Congress used to help ailing businesses stay afloat during the pandemic. It was initially plagued by issues such as delays
TOPSHOT – Aerial view shows an area completely destroyed by the floods in the Blessem district of Erftstadt, western Germany, on July 16, 2021. SEBASTIEN BOZON | AFP | Getty Images The 2021 holiday shopping season could be marred by out-of-stock goods and shipping delays as the recent floods in Europe and China exacerbate already
BP logos are seen at a BP petrol and diesel filling station southeast of London on June 15, 2020. BEN STANSALL | AFP | Getty Images LONDON — Oil and gas giant BP beat second-quarter earnings expectations on Tuesday, while expanding its dividend and share buyback program. The U.K.-based energy major said it will buy
The market appears to be doing something that happens ahead of corrections. When the S&P 500, Nasdaq and the CBOE Volatility Index rise together, BTIG’s Julian Emanuel warns it’s often a precursor to a 10% to 15% pullback. “Whenever we’ve seen that going back to the beginning of 2018, we were essentially weeks away from
In this article BTC.CB= DOGE.CM= DASH Eva-Katalin | E+ | Getty Images The incredible performance in the stock market following the coronavirus selloff has enticed new investors. For many, the gains have been just too good to pass up. Christian Nassif, 24, of Cedar Rapids, Iowa, is one such investor. Nassif, who drives for both
The earnings charts for these 5 top travel companies tell the story.
Dr. Celine Gounder, an epidemiologist who advised the Biden administration, underscored the importance of having a vaccinated workforce as employers consider returning to the office. “If you’re able to get your workforce vaccinated, I think it’s a completely different calculation than if you’re not,” Gounder said Monday evening in an interview on CNBC’s “The News
In this article .STI OCBC-SG UOBH-SG DBSM-SG Aerial view of Singapore’s central business district and bayfront area. BNBB Studio | Moment | Getty Images SINGAPORE — Singapore’s top three banks are due to report second-quarter earnings this week, and investors will be watching for any announcements on dividend payments. Oversea-Chinese Banking Corp and United Overseas
In this article MSFT Bill and Melinda French Gates Chris Ratcliffe | Bloomberg | Getty Images Microsoft Co-Founder Bill Gates and Melinda French Gates have gotten divorced after 27 years of marriage. A Monday filing with the King County Superior Court of Washington made the move official, three months after the couple announced their plan
In this article RKT Signage for Rocket Mortgage by Quicken Loans is displayed on a laptop computer in an arranged photograph taken in the Brooklyn borough of New York, U.S., on Thursday, Aug. 6, 2020. Gabby Jones | Bloomberg | Getty Images Shares of Rocket Companies jumped as much as 8% on Monday after the
David Paul Morris | Bloomberg | Getty Images Most individual investors — 67% — think they have a responsibility to put money toward companies that have a positive impact on the world, new research shows. That doesn’t mean they are necessarily acting on the sentiment. While more than half (51%) of retail investors avoid investing
In this article AXP The South Rim in Grand Canyon National Park in Arizona. Westend61 | Westend61 | Getty Images Summer travel is back, big time. That’s according to a survey released Tuesday by American Express Travel, where consumer travel bookings have reached 95% of May 2019 levels. But while affluent Americans are itching to
It appears that the recent dip in corporate tax collections, which the Biden administration has noted for concern and justification for increasing the corporate tax rate among other proposals to raise taxes on corporations, was largely due to temporary factors related to the pandemic rather than the Tax Cuts and Jobs Acts (TCJA) of 2017.
Ben Rains explores the bullish case for the market as we start August amid a strong second quarter earnings season. The episode then dives into three growth-focused stocks— Roku, Etsy, Yeti—that might be worth buying ahead of their financial releases later this week. (0:30) – Stock Market Update: Everything You Need To Know (4:45) –
Looking Skyward for Solutions and Don’t Discount This General.
Cullen Veasley, 17, receives his second dose of the coronavirus disease (COVID-19) vaccine at a mobile pop-up vaccination clinic hosted by the Detroit Health Department with the Detroit Public Schools Community District at Renaissance High School in Detroit, Michigan, July 26, 2021. Emily Elconin | Reuters Seventy percent of U.S. adults have had at least
Samuel Corum | Getty Images News | Getty Images States’ early withdrawals from federal unemployment programs in recent weeks are helping Senate lawmakers finance upgrades to the nation’s infrastructure, according to legislative text unveiled Sunday. Twenty-six states, largely Republican, have pulled out of pandemic-era programs since mid-June. The American Rescue Plan offered federal unemployment assistance
While there is a slew of professionals athletes who have ventured into cryptocurrency from Tom Brady to Saquon Barkley in recent months, NBA legend Charles Barkley isn’t biting. “My people do not believe in crypto,” Barkley tells CNBC Make It. “I got a couple of financial guys. One of them said, ‘If ever put you