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Pedestrians wait to cross into the U.S. at the San Ysidro Port of Entry border crossing bridge in Tijuana, Mexico, on Sunday, March 20, 2022. Cesar Rodriguez | Bloomberg | Getty Images The Centers for Disease Control and Prevention will lift a sweeping public health order that has allowed the U.S. to expel more than
In this article SNAP TELL WYNN Water from a fountain sprays into the air in front of signage for the Wynn Macau casino resort. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading Friday: Tellurian — The liquified natural gas company (LNG) surged more than 15% after
Warren Buffett and Jeff Bezos Lacy O’ Toole | CNBC; Getty Images The wealth of America’s wealthiest people, such as Warren Buffett and Jeff Bezos, increased by a total of $6.5 trillion last year, mainly driven by soaring stock prices and financial markets, according to the Federal Reserve. The total wealth of the 1% reached
Prathanchorruangsak | Istock | Getty Images For women who are investing, confidence generally runs high. It’s getting over the initial hump that appears to be the challenge. A full 79% of women investors in the U.S. say they are confident that they’ll achieve their retirement goals using their current investment approach, according to a survey
A job seeker receives information from a recruiter during a job fair in Miami on Dec. 16, 2021. Eva Marie Uzcategui/Bloomberg via Getty Images The ranks of the long-term unemployed fell again in March, edging closer to pre-pandemic levels as the job market offers ample opportunity for workers. Long-term unemployment is a period of joblessness
This week, President Biden introduced a new tax proposal as part of the White House fiscal year 2023 budget to raise taxes on households with net wealth over $100 million. The proposal would require wealthy households to remit taxes on unrealized capital gains from assets such as stocks, bonds, or privately held companies. Biden’s proposal
The structural frame of a house is seen at The Collection at Morristown, a housing development by Lennar Corporation, in Morristown, New Jersey, November 13, 2021. Andrew Kelly | Reuters Last week we learned that housing prices grew rapidly yet again in January. The widely followed S&P CoreLogic 20-City Home Price Index was up 19.1%
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In this article TWTR In addition to Russian entities, Anonymous says it’s now targeting some Western companies. Jakub Porzycki | Nurphoto | Nurphoto | Getty Images The “hacktivist” collective known as Anonymous said it has a new target in its “cyber war” against Russia — Western businesses that are still doing business there. A post
The metropolis of Shanghai, where many foreign businesses are located, entered a two-part lockdown this week as municipal authorities sought to control an outbreak in China’s worst Covid wave in two years. Hector Retamal | Afp | Getty Images BEIJING — China’s worst Covid wave since the initial shock of the pandemic has cut into
An inversion in Treasury yields has stoked investor concerns that a recession might be on the horizon, but strategists say there are steps you can take now to protect your savings. Morsa Images | E+ | Getty Images With a historical indicator of recessions flashing red this week, financial experts have shared their top tips
A Now Hiring sign is displayed at a restaurant in Arlington, Virginia, on March 16, 2022. Stefani Reynolds | Afp | Getty Images The pandemic-era trend known as the “Great Resignation” remains a prominent feature of the labor market, as favorable conditions lead workers to quit their jobs at near-record levels in search of better
Prasit photo | Moment | Getty Images Many Millennials and Gen Zers who invested in the stock market over the last year wish they had done things differently. Some 57% of Gen Z investors and 50% of millennials regret how they invested in the last 12 months, outpacing their Gen X and baby boomer counterparts,
A bill that would prohibit the sale of flavored tobacco and nicotine products, HB22-1064, is moving through the Colorado legislature, which undoubtedly would have a significant impact on the revenue from taxes levied on those products. Flavored tobacco and nicotine products make up a significant portion of the market: over 20 percent of cigarettes and
In this article CTRN Real estate and related sectors account for at least 25% of China’s economy, according to Moody’s. Costfoto | Future Publishing | Getty Images BEIJING — China’s economy faces so much new pressure from Covid that Beijing may increase stimulus — boosting overall growth, Citi said Thursday. “Given the strong start of
Will Smith accepts the award for Best Actor in a Leading Role for “King Richard” onstage during the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Robyn Beck | Afp | Getty Images Will Packer, who produced the 2022 Academy Awards ceremony, has spoken out about Sunday’s incident in which
U.S. President Joe Biden announces the release of 1 million barrels of oil per day for the next six months from the U.S. Strategic Petroleum Reserve, as part of administration efforts to lower gasoline prices, during remarks in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, March 31, 2022.
Charlie Munger has been managing investments for a long time — and the billionaire says it’s never been harder for young people to make and keep their money. In February, at publishing company Daily Journal Corporation’s annual meeting, Munger said that successfully navigating the investment world has gotten a lot harder over the past few
In this article GME GameStop shares surged in extended trading Thursday after the company said it planned to implement a stock split. The video game retailer said it will seek stockholder approval at its next shareholder meeting for an increase in the number of Class A common stock from 300,000,000 to 1,000,000,000 to partly conduct