Tahir Johnson said he’s on track to be one of the first people with a marijuana related conviction to open a licensed dispensary in New Jersey. “The generational wealth this will create for my family is surreal,” he said. Stefan Sykes for CNBC TRENTON, N.J. – Tahir Johnson has been arrested for marijuana possession three
The federal government is on track to run a $1.4 trillion deficit in fiscal year 2023, according to new projections from the Congressional Budget Office (CBO). Across the next decade (2024 through 2033), deficits will total more than $20 trillion, reaching an annual budget deficit of nearly $2.9 trillion in 2033. Completely balancing the budget
In this article KHC Follow your favorite stocksCREATE FREE ACCOUNT Heinz brand tomato ketchup arranged in the Brooklyn borough of New York, US, on Friday, July 22, 2022. Kraft Heinz Co. is scheduled to release earnings figures on July 27. Gabby Jones | Bloomberg | Getty Images Kraft Heinz on Wednesday beat Wall Street’s earnings
In this article AN TXRH RDFN CHRW AMAT ROKU DE DASH DKNG Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | LightRocket | Getty Images Check out the companies making headlines before the bell: DraftKings — DraftKings shares surged more than 8% after the sports betting company posted fourth-quarter results that beat expectations. The company
National Geographic announced the winning photographs from its first “Pictures of the Year” photo competition. The contest, which opened to U.S. residents in early December, invited readers to submit a digital photograph in one of four categories: nature, people, places and animals. The contest required that photographs be largely unaltered. According to the rules, “only
A shopper browses meat department at a Los Angeles supermarket on Feb. 13, 2023 in Los Angeles. Mario Tama | Getty Images News | Getty Images A recent Morning Consult survey recently found almost half of adults — 46% — think the U.S. is already in a recession. Such a downturn — traditionally defined as
In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT A person walks past Fox News Headquarters at the News Corporation building on May 03, 2022 in New York City. Alexi Rosenfeld | Getty Images Rupert Murdoch and Fox News hosts expressed disbelief in former President Donald Trump’s false election fraud claims, according to evidence
In this article DASH Follow your favorite stocksCREATE FREE ACCOUNT A DoorDash sign is pictured on a restaurant on the day they hold their IPO in New York, December 9, 2020. Carlo Allegri | Reuters Shares of DoorDash jumped as much as 6% in extended trading Thursday after the food delivery company reported better-than-expected sales
Bao Fan, founder and chief executive officer of China Renaissance, speaks at a conference in California in 2016. Bloomberg | Bloomberg | Getty Images BEIJING — Prominent Chinese investment banker Bao Fan is missing, his company China Renaissance Holdings said late Thursday. China Renaissance said it “has been unable to contact Mr. Bao Fan,” according
Inflation is still taking a hefty toll on households, recent reports show. Prices continued their upward momentum in January, rising 0.5% for the month and 6.4% over the past 12 months, according to the latest consumer price index data released by the U.S. Bureau of Labor Statistics. To make ends meet, 27% of Americans said they’ve had to
In this article HAS Follow your favorite stocksCREATE FREE ACCOUNT A Hasbro Monopoly board game arranged in Dobbs Ferry, New York, Feb. 6, 2022. Tiffany Hagler-Geard | Bloomberg | Getty Images Hasbro‘s 2023 outlook might feel like déjà vu. At first, anyway. The toymaker on Thursday announced its fourth-quarter results while issuing conservative guidance for
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT 07 December 2022, Berlin: Pam Kaufman, President & CEO Paramount, joins us for the Paramount+ launch event. The Paramount+ streaming service is now available in Germany. Jörg Carstensen | Picture Alliance | Getty Images Paramount Global said it saw its streaming business grow during the
Jakub Porzycki | Nurphoto | Getty Images Check out the companies making headlines in midday trading. Twilio — Shares jumped 14.2% after Twilio beat revenue expectations in its most recent quarter. The communications firm posted revenue of $1.02 billion, slightly better than the Refinitiv consensus estimate of $1 billion. related investing news Bernstein downgrades Tripadvisor,
Dobrila Vignjevic | E+ | Getty Images Health care in retirement can come with a hefty price tag. A new study looks at how much money a 65-year-old — who’s at the age of Medicare eligibility — would need to have set aside to secure a 50%, 75% or 90% chance of covering their health-care
Senate Finance Committee Chairman Ron Wyden, D-Ore., questions IRS Commissioner Charles Rettig at a Senate Finance Committee hearing. Tom Williams | Pool | Reuters President Joe Biden‘s nominee to lead the IRS answered questions during a Senate Finance Committee hearing this week, highlighting key issues from lawmakers on both sides of the aisle. Daniel Werfel,
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In this article AMCX Follow your favorite stocksCREATE FREE ACCOUNT Founder and CEO of 605 Kristin Dolan participates in a keynote panel on the future of video at CES 2018 at Park Theater at Monte Carlo Resort and Casino in Las Vegas on January 10, 2018 in Las Vegas, Nevada. Ethan Miller | Getty Images
Following international agreement on Pillar Two, the European Union unanimously adopted a directive implementing the global minimum tax in December 2022. The following month, the Organisation for Economic Co-operation and Development (OECD) released revenue estimates to assess the real impact of the tax on public finances. The global rules are designed to raise revenue, but
In this article ZG Follow your favorite stocksCREATE FREE ACCOUNT Bloomberg | Bloomberg | Getty Images Shares of Zillow popped more than 3% Wednesday in extended trading after the company released fourth-quarter earnings that beat analysts’ expectations on top and bottom lines. Here’s how the company did: Earnings per share: 21 cents adjusted vs. 7
Andrew Bailey, Governor of the Bank of England, attends the Bank of England Monetary Policy Report Press Conference, at the Bank of England, London, Britain, February 2, 2023. Pool | Reuters LONDON — A tight labor market and comparatively slow return to earth for inflation means the Bank of England is likely to press ahead