Traders work on the floor of the New York Stock Exchange (NYSE) on October 25, 2021 in New York City. Spencer Platt | Getty Images Stock futures idled in overnight trading after the major U.S. market indexes reached record highs on Friday following a better-than-expected October jobs report. Futures on the Dow Jones Industrial Average
In this article TSLA Tesla CEO Elon Musk gestures as he visits the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul | Reuters Tesla CEO Elon Musk faces a tax bill of more than $15 billion in the coming months on stock options, making a sale of his
Rep. Josh Gottheimer (D-NJ) (C) and Rep. Tom Reed (R-NY) (3rd R), co-chairs of the bipartisan Problem Solvers Caucus, hold a news conference with fellow members of Congress to highlight the need for bipartisan, bicameral COVID-19 relief legislation outside the U.S. Capitol on December 03, 2020 in Washington, DC. Chip Somodevilla | Getty Images House
In this article DIS (L-R) Lauren Ridloff, Don Lee, Angelina Jolie, Richard Madden, Salma Hayek, Gemma Chan, Lia McHugh and Brian Tyree Henry star in Marvel’s “Eternals.” Disney “Eternals” may be the lowest-rated film in the Marvel Cinematic Universe, but that didn’t stop moviegoers and ardent fans of the franchise from heading out to cinemas.
MoMo Productions | Getty Images When the Covid-19 pandemic first erupted last year, Janel Abrahami quit a job she had been in for less than a year — without anything else lined up. To many, such a move may sound risky. The decision left Abrahami, who lives in the New York metro area, searching for
In this article F Rebecca and Shane Phillips, of California, pose in front of their car collection, including their new 2022 Ford Maverick. Shane Phillips Rebecca and Shane Phillips are accustomed to getting looks when driving around California in their 1985 Mercury Colony Park or 1978 Lincoln Continental with longhorns on the front. But the
In this article ABNB UBER PTON SQ PINS A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Check out the companies making headlines after the bell: Peloton — Shares of Peloton sunk 25% in extended
In this article F CZR SHOO Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters It seems each passing trading session brings a torrent of quarterly earnings and sharp swings for the stocks of the companies reporting results. Positive prints can have
katleho Seisa More employees will have access to retirement savings through Betterment’s 401(k) plans, thanks to rapid growth the online wealth advisor has seen in that part of its business. The company’s 401(k) business, Betterment for Business, has seen seen a 370% increase in year-over-year retirement plan adoption. In 10 of the states that are
Travis Scott performs at Day 1 of the Astroworld Music Festival at NRG Park on Friday, Nov. 5, 2021, in Houston. Amy Harris/Invision/AP Officials confirmed that eight people, including a fourteen and sixteen year old, died and 25 others were hospitalized at the Astroworld music festival on Friday in Houston. Seven of the victims ranged
In this article .STI DBSM-SG The building of DBS, Singapore’s largest bank, at the city state’s central business district. Suhaimi Abdullah | Getty Images News | Getty Images SINGAPORE — Singapore’s largest bank, DBS Group Holdings, posted third-quarter earnings that beat analysts’ estimates as its chief executive flagged improving business conditions in the months ahead.
People often credit their success to confidence and courage. Emma Grede has another word for it: naivete. “I didn’t know anyone growing up who had their own business,” Grede tells CNBC Make It. “So I really didn’t know what I was getting into.” In 2008, at age 26, Grede founded her own London-based entertainment marketing
Amid the ongoing pandemic, many high schoolers are rethinking their future plans, and whether that will still include college. A recent survey of high school students found that the likelihood of attending a four-year school sank more than 20% in the last year and a half — down to 48%, from 71%, according to ECMC
The latest version of the Biden administration’s Build Back Better reconciliation package reintroduces a policy that has been tried before—and abandoned: a corporate alternative minimum tax (AMT). It would be a mistake to revive this complex and poorly designed policy. Instead, lawmakers should consider directly reducing corporate tax expenditures. The corporate alternative minimum tax was first introduced
David Hartwell | Moment | Getty Images Consumers are returning to restaurants in droves, but continued demand for takeout is exacerbating shortages of items like plastic straws, coffee cups and to-go containers. Snarls in the global supply chain have been rippling across the economy for months as the health crisis has created bottlenecks and other
In this article CSG.N-CH A Credit Suisse logo in the window of a Credit Suisse Group AG bank branch in Zurich, Switzerland, on Thursday, April 8, 2021. Stefan Wermuth | Bloomberg | Getty Images Credit Suisse has beaten analyst estimates for the third quarter, but took a hit from charges settling allegations of corruption in
Peter Thiel, the billionaire co-founder of PayPal. John Lamparski | Getty Images Entertainment | Getty Images Democrats seem to have spared wealthy Americans like billionaire tech mogul Peter Thiel from big tax bills on their vast Roth retirement savings in legislation unveiled this week. That break is courtesy of new language in a $1.75 trillion
If you’re looking for an extremely long-term stock pick from billionaire Bill Gates, here it is: Avoid Big Oil. As the world moves away from fossil fuels and adopts more clean and renewable energy sources, oil giants that have dominated markets for more than a century could be in trouble, the Microsoft co-founder said in
Prasit photo | Moment | Getty Images Sustainable investing has come into focus as investors direct their cash toward stocks based on so-called ESG factors, but shareholders will need to get involved to create meaningful change at companies. U.S. sustainable funds saw $15.7 billion in net inflows during the third quarter of 2021, according to
peakSTOCK | iStock | Getty Images If Democratic lawmakers get their way, Medicare will start covering hearing services for the first time in the program’s history. The coverage, which would take effect in 2023, is included in Democrats’ proposed $1.85 trillion spending bill, dubbed the Build Back Better Act and aimed partly at strengthening the