Two women in face masks walk along a shopping area on April 19, 2021 in Dubai, United Arab Emirates. Francois Nel | Getty Images News | Getty Images Vaccination campaigns in several Middle East nations raced ahead of the rest of the world at the beginning of 2021. Israel, the United Arab Emirates and Bahrain
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Xpeng Motors launches the P5 sedan at an event in Guangzhou, China on April 14, 2021. The P5 is Xpeng’s third production model and features so-called Lidar technology. Arjun Kharpal | CNBC BEIJING — U.S.-listed electric car start-up Li Auto reported more deliveries than Xpeng in June, putting the latter in last place for the
Getty Images Danish households are the richest in the European Union, according to a data analysis by the country’s central bank. The average household in Denmark had 1.88 million Danish krone ($300,000) in financial assets as of the fourth quarter of 2020. The data, released Wednesday, was extracted from the European Central Bank’s disclosure of
In this article DNUT Biden administration says it will fall short of its Fourth of July vaccination goal All the free beer, doughnuts and baseball tickets won’t be enough to keep up the pace of vaccinations. President Joe Biden’s goal of getting at least one shot in the arms of 70% of U.S. adults before the
Guests attend a pool party in the penthouse apartment at the 50 United Nations Plaza building in New York. Michael Nagle | Bloomberg | Getty Images Manhattan real estate prices reached an all-time high in the second quarter, as buyers returned to the city and boosted demand for the largest, most expensive apartments, according to
The Biden administration is taking the right approach in fighting the highly contagious Covid-19 delta variant by deploying response teams to vulnerable communities, Dr. Scott Gottlieb said Thursday. “I think that the administration is doing the right thing, in terms of shifting their strategy,” Gottlieb, the former FDA chief under former President Donald Trump, told
A person walks outside Duane Reade by Walgreens in Hell’s Kitchen on May 26, 2021 in New York City. Noam Galai | Getty Images Walgreens Boots Alliance said on Thursday that sales rebounded at its stores in its fiscal third-quarter and got a lift from Covid-19 shots, prompting the company to raise its outlook for
Commuters exit a Wall Street subway station near the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Futures contracts tied to the major U.S. stock indexes held steady at the start of the overnight session Thursday evening as Wall Street awaited the key June jobs report and another glimpse at the recovering
New travel companies are making it easier for remote workers to live and work abroad without the long-term commitment. So-called “workcations” are on the rise, with 74% of Americans who are working from home saying they would consider taking one, according to a report published in March by The Harris Poll. But rather than booking
Trading information for GameStop is displayed on the Robinhood App as another screen displays the Robinhood logo in this photo illustration January 29, 2021. Brendan McDermid | Reuters The first time Robinhood restricted trading on its app, during the GameStop event in January, may not to be the last, the company said Thursday. In January,
Brothers91 | E+ | Getty Images Anyone who is receiving — or already received — unemployment benefits in 2021 could discover they now qualify for no-cost or low-cost private health insurance. As of Thursday, zero-premium health plans that come with minimal or no cost-sharing — i.e., deductibles and copays — are available through the Affordable
Robotic arm taking a cardboard box in a warehouse onurdongel | E+ | Getty Images As retailers’ beef up e-commerce operations and invest in faster delivery for customers, the appetite for warehouse space is rocketing higher, according to a new report. This year, demand among mass merchandisers for logistics facilities to store inventory and pack
Elon Musk, founder and chief engineer of SpaceX speaks at the 2020 Satellite Conference and Exhibition March 9, 2020 in Washington, DC. Win McNamee | Getty Images Elon Musk never seems afraid to speak his mind and, when it comes to billions of dollars in government contracts for launching rockets, the SpaceX CEO is especially
In this article GM Brand new Chevrolet cars are displayed on the sales lot at Stewart Chevrolet on May 14, 2021 in Colma, California. Justin Sullivan | Getty Images DETROIT – General Motors’ U.S. vehicle sales during the second quarter were slightly lower than analyst expectations as an ongoing shortage of semiconductor chips impacted vehicle
Robinhood Markets filed for one of the most anticipated initial public offerings of the year on Thursday, revealing rapid growth during the pandemic and big customer numbers. Robinhood — which has about 18 million funded retail clients — lost $1.4 billion in the first quarter of 2021, according to Robinhood’s S-1 filing with the Securities
Oliver Rossi | Stone | Getty Images There is never a better time to start building wealth than the present. Yet how to go about it depends on your age. “The better job you do with creating your financial security, the more flexibility it provides you to make better choices in the future,” said certified
In this article AMC GME Michael Burry attends the “The Big Short” New York premiere at Ziegfeld Theater on November 23, 2015 in New York City. Jim Spellman | WireImage | Getty Images “The Big Short” investor Michael Burry believes Reddit-favored meme stocks are set to crash like the dot-com and housing market bubbles of
Tourists visit the Wall Street bull statue in the Financial District, New York City. Drew Angerer | Getty Images Americans are feeling less comfortable about investing in the stock market long-term, even though it’s one of the best ways to get ahead. In 2021, 28% of Americans said that real estate was their preferred way
Michigan lawmakers are considering lowering the corporate income tax rate to alleviate the tax burden on businesses still emerging from the pandemic and to make the state more competitive. Senate Bill 392 would retroactively reduce the state’s corporate income tax rate from 6 percent to 5.5 in tax year 2021, and then lower it again
A for sale sign is seen near a house for sale in South Pasadena, California. Frederic J. Brown | AFP | Getty Images The epic housing shortage that began before the pandemic and then was exacerbated by it may finally be starting to ease up. More supply is suddenly coming on the market, which will