Michael Tubbs, former mayor of Stockton, California. Nick Otto | AFP | Getty Images Michael Tubbs had the odds stacked against him while growing up in Stockton, California, as the son of a young single mother and an incarcerated father. Tubbs, 31, felt the expectations for his life as a Black man in America were
Space company Firefly is preparing for the second orbital launch attempt of its Alpha rocket, as the venture looks to build out the foundation of its business. “Firefly is aiming to be the next SpaceX, a very transformative space transportation company,” Firefly CEO Tom Markusic told CNBC. The company recently gave CNBC an inside look
Families, parents and caregivers call on Congress to include paid family and medical leave in the Build Back Better legislative package during an all-day Nov. 2, 2021 vigil in Washington, D.C. Paul Morigi | Getty Images Entertainment | Getty Images It’s been a contentious battle to get paid family leave included in social spending legislation
Flight attendants wearing protective masks walk through Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, on Wednesday, April 7, 2021. Elijah Nouvelage | Bloomberg | Getty Images An accidental gun discharge at Hartsfield-Jackson Atlanta International Airport’s security screening area on Saturday afternoon led to all departing flights being briefly halted. The airport said on Twitter there
Nominee to be the Comptroller of the Currency Saule Omarova (R) speaks with an aide as she testifies before the Senate Banking, Housing and Urban Affairs Committee during a hearing on Capitol Hill in Washington, DC, on November 18, 2021. Jim Watson | AFP | Getty Images WASHINGTON — A nomination hearing for President Joe
A worker helps a customer at the Presidente Supermarket in Miami on April 13, 2020. Joe Raedle | Getty Images Workers across the U.S. are wondering how rising inflation might be impacting their take-home pay. Inflation has risen more than expected. In October, consumer prices increased 0.9% and pushed the year-over-year gain to 6.2%, hitting
In this article AMZN MSFT PLTR Women are significantly underrepresented in STEM professions and for the few who are pursuing science, technology, engineering or math careers – there are a lot of financial challenges. That’s why a lot of companies and organizations are offering scholarships and other financial assistance to help bridge this gender gap
An illustration showing physical bitcoins alongside binary code displayed on a laptop. Jakub Porzycki | NurPhoto via Getty Images LONDON — Investors have lost billions of dollars to criminals targeting so-called “decentralized finance” platforms this year. According to a report from London-based firm Elliptic, more than $10 billion worth of user funds has been stolen
In 2016, my family and I packed our bags and moved from Chicago to Mazatlán, Mexico. After my mother passed away unexpectedly, my husband and I realized that life is too short to put off building the life we wanted. We had about $20,000 in our savings, which was more than enough to get by
In this article DLTR People walk by a Dollar Tree store on December 11, 2018 in the Brooklyn borough of New York City. Spencer Platt | Getty Images News | Getty Images Company: Dollar Tree Inc. (DLTR) Business: Dollar Tree operates discount variety retail stores. It operates through two segments: Dollar Tree and Family Dollar.
Chesnot | Getty Images As the end of the year approaches, there are still ways to reduce cryptocurrency tax bills, financial experts say. The IRS generally defines cryptocurrency as property for tax purposes, and investors must pay levies on the difference between the purchase and sales price. If there’s a profit on assets held for less than
The current version of the reconciliation bill—the Build Back Better Act—attempts to walk a fine (politically imposed) line: raising hundreds of billions of dollars from higher corporate taxes without raising the corporate tax rate. The centerpiece of this effort is the book minimum tax, a new alternative minimum tax applied to the financial statement income
CNBC’s Jim Cramer on Friday previewed the slate of corporate earnings reports that are during next week’s holiday-altered trading schedule. The “Mad Money” host’s comments came after a mixed session on Wall Street, with the Dow Jones Industrial Average and S&P 500 finishing in the red as investors globally reacted to new coronavirus restrictions in
In this article FL DDS FTCH AMAT WSM PANW Check out the companies making headlines before the bell: Foot Locker (FL) – Foot Locker slid 3.6% in the premarket after the athletic footwear and apparel retailer said it expects global supply chain constraints to persist through this quarter. The slide comes despite a beat on
Speaker of the House Nancy Pelosi, D-Calif., presides over the vote for the Build Back Better Act at the U.S. Capitol on Nov. 19, 2021. Anna Moneymaker | Getty Images News | Getty Images The House of Representatives passed legislation Friday that would curb how wealthy Americans use retirement plans. The new rules are part
Student debt balances among 2020 graduates remained at an all-time high. Last year’s borrowing graduates in New Hampshire, Pennsylvania and Delaware owed close to $40,000 for their bachelor’s degree, on average, according to a report by the Institute for College Access and Success. More from Personal Finance:How to shop early and still get the best
Loading chart… Desktop Metal: “OK now listen. This is really important: This is pure spec on 3D, but I happen to like it more than [3D Systems Corporation]. Why? Because it’s only a couple of bucks. Now, you can lose the whole thing, remember that. But I like the fact that it’s a pure spec.
In this article BA MRNA HOOD .BBKA FL Moderna’s sign is seen outside of their headquarters in Cambridge, MA on March 11, 2021. Boston Globe | Getty Images Check out the companies making headlines in midday trading. United Airlines, Boeing — Shares of travel-related stocks dipped after Austria announced earlier in the day that it would
In this article WBA Elizabeth Holmes, the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of jury selection in her fraud trial, outside Federal Court in San Jose, California on August 31, 2021. Nick Otto | AFP | Getty Images SAN JOSE, CALIF. — The prosecution
In this article M0Y-DE A rendering of the company’s laser communications system on satellites in orbit. Mynaric German laser communications company Mynaric listed on the Nasdaq in the past week and CEO Bulent Altan, a former SpaceX executive, spoke to CNBC about the company’s U.S. debut and plans for further growth. The company raised $75.9