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
Aeva Technologies: “We are totally against companies that have no earnings. That was the clarion call of what the Fed did. It’s going to knock out some good stocks, I don’t care. I’ve got to be very careful here, so we’re going to say no.” Enterprise Products Partners: “I think it’s a very good company.
In this article NKE Pedestrians carrying Nike and Allbirds shopping bags in the SoHo neighborhood of New York, on Sunday, Oct. 24, 2021. Nina Westervelt | Bloomberg | Getty Images Nike shares climbed around 3% in extended trading Monday after the sneaker maker reported fiscal second-quarter earnings and sales that topped analysts’ expectations, despite ongoing
PNC Financial is throwing cold water on the fourth-quarter rally. Covid omicron fears will take a heavy toll on risk appetites over the next two weeks, according to Chief Investment Officer Amanda Agati. “We’ve already gotten the Santa rally,” she told CNBC’s “Trading Nation” on Monday. “We’re seeing a little bit of investor fatigue here.”
Artist Chris Carnabuci stands before his sculptures of George Floyd and Breonna Taylor (L) featuring painting by Laolu Senbanjo otherwise known as Laolu NYC”, at Sotheby’s auction house in New York on December 9, 2021. Ed Jones | AFP | Getty Images The Big Three auction houses hit a record $15 billion in sales this
Advocate JoAnna Vance joins families, parents and caregivers at Capitol Hill to call on Congress to include paid family and medical leave in the Build Back Better legislative package on Nov. 2, 2021. Paul Morigi | Getty Images Entertainment | Getty Images Hopes for a federal paid family and medical leave program have dimmed after
Image Source | Getty Images Fast-growing prices in the housing market, as well as low interest rates, are enticing more investors to buy homes, renovate them quickly and sell them for a profit. But while home flips are rising and investors are expecting growing returns, the profits are falling. Close to 95,000 homes were flipped
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Coal photographed in front of the towers of a coal-fired power station in Mpumalanga, South Africa, on October 15, 2021. Waldo Swiegers | Bloomberg | Getty Images Coal-fired power generation is due to hit an all-time high this year, according to a report from the International Energy Agency, with the organization’s executive director calling for
In this article WEED-CA BIIB UAL RCL MRNA CERN Check out the companies making headlines before the bell: Moderna (MRNA) – Moderna shares jumped 7.2% in the premarket after the drugmaker said a booster dose of its Covid-19 vaccine increased protection against the omicron variant 37-fold. Amid the spread of omicron, other vaccine makers are
In this article TSLA Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory. In Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images Elon Musk faces a hefty tax bill this year — possibly the biggest in U.S. history. “For those wondering, I will pay
Washington, D.C.-area residents Cara Baldari and her 9-month-old daughter Evie (left) and Sarah Orrin-Vipond and her 8-month-old son Otto (right), join a rally in front of the U.S. Capitol on Dec. 13, 2021. Alex Wong | Getty Images On Sunday, Sen. Joe Manchin, the conservative Democrat from West Virginia, said that he would not support