In this article BA MRNA DAL VORB 2330-TW KBH Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta shares rose 2.2% in the premarket after the airline beat top and bottom-line estimates for the fourth quarter. Delta earned an adjusted 22 cents per share, 8 cents above estimates, and
David Abner, Gemini’s Global Head of Business Development. Source: David Abner Gemini, the $7.1 billion crypto exchange, is getting into wealth management with the acquisition of a digital asset platform for financial advisors, CNBC has learned exclusively. The company has agreed to purchase BITRIA, a five-year-old San Francisco-based start-up whose tools help advisors manage holdings
FatCamera | E+ | Getty Images Last year’s child-care expenses may be worth more at tax time than you realize. The child and dependent care tax credit, as it’s called, was expanded in several ways for 2021 alongside other tax changes. This means many families will get a bigger tax break and the credit could
An “Open House” sign is displayed in the front yard of a home for sale in Columbus, Ohio. Ty Wright | Bloomberg via Getty Images Mortgage rates have moved to their highest level in more than a year, and that may have potential homebuyers nervous that their affordability window is closing faster than expected. Home
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Key Findings Well-designed Net Operating Loss (NOL) provisions benefit the economy by smoothing business income, which mitigates entrepreneurial risk and helps firms survive economic downturns. Forgoing tax revenue in the short term affords businesses the opportunity to prioritize human and physical capital investment. Start-ups and industries with profits highly correlated to the business cycle are
Workers transport a shipment of the Cuban Soberana Plus vaccine against the novel coronavirus disease, COVID-19, to be donated by the Cuban government to Syria, at Jose Marti International Airport in Havana, on January 7, 2022. YAMIL LAGE | AFP | Getty Images Cuba has vaccinated a greater percentage of its population against Covid-19 than
In this article CROX DASH BIIB A person skateboards past Biogen Inc. headquarters in Cambridge, Massachusetts, on Monday, June 7, 2021. Adam Glanzman | Bloomberg | Getty Images Check out the companies making headlines in midday trading Wednesday. Biogen — Shares of Biogen fell more than 9% after Medicare said it would only cover the
Excelling in college and getting a good job was the only path Boston native Caroline Vo, now 36, felt she could follow. “I come from Vietnamese immigrant parents: It was very much ingrained that you go to school, work hard, get good grades, and then you go to college, get a good job, and kind
A San Francisco grocery store. David Paul Morris/Bloomberg via Getty Images Inflation is taking a big bite out of workers’ paychecks, eroding many of the raises businesses have offered to attract and keep employees in a hot job market. But strong wage growth in certain sectors, such as hotels and restaurants, has eclipsed those consumer
Apartment buildings on the Upper East Side neighborhood of New York. Victor J. Blue | Bloomberg | Getty Images Manhattan rents hit their highest level ever for a December as the supply of apartments plummeted and landlords started demanding double-digit increases. The average apartment rent in Manhattan hit $4,440 in December, while the more widely
In this article VIAC CNBC’s Jim Cramer said Wednesday he believes ViacomCBS is an attractive investment right now, citing the media company’s dividend payment and improving fundamentals. The stock has jumped in recent weeks, and is up nearly 16% year to date, the “Mad Money” host acknowledged. However, he said, “I think it’s the beginning
Traders work on the floor of the New York Stock Exchange (NYSE) on January 07, 2022 in New York City. Spencer Platt | Getty Images U.S. stock futures were steady in overnight trading on Wednesday after the Nasdaq Composite rose for the third session despite a red-hot consumer price index report. Dow futures rose just
Covid’s omicron variant is currently tearing through the U.S. and the rest of the world at a record-breaking pace — but Bill Gates sees hope on the horizon. Once the current surge abates, countries can expect to see “far fewer cases” through the rest of 2022, Gates wrote on Tuesday during a Twitter Q&A with
Sinenkiy | iStock | Getty Images Social Security beneficiaries are receiving the highest cost-of-living adjustment in decades, thanks to rising inflation. That 5.9% increase went into effect in January. Prices have continued to climb higher since that change was announced in October. The Consumer Price Index, a government measure for price changes for certain goods,
Ubiquitous Energy solar energy capturing windows installed at Michigan State University. Courtesy of Ubiquitous Energy A material science start-up, Ubiquitous Energy, is raising tens of millions of dollars to turn windows into surfaces that capture solar energy. The California start-up announced on Tuesday it closed a $30 million funding round, including an investment from consumer
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A worker moves boxes of goods to be scanned and sent to delivery trucks during operations on Cyber Monday at Amazon’s fulfillment center in Robbinsville, New Jersey, November 29, 2021. Mike Segar | Reuters Online sales during the holiday season rose nearly 9% to a record $204.5 billion, Adobe Analytics said Wednesday, as consumers opened
In this article HOOD Baiju Bhatt and Vlad Tenev attend Robinhood Markets IPO Listing Day on July 29, 2021 in New York City. Cindy Ord | Getty Images Stock trading app Robinhood said Wednesday will let most of its 3,400 person workforce work remotely on a permanent basis. The newly public brokerage is headquartered in