As employers reimagine the workplace post-Covid, a four-day work week may become a new perk. Last month, technology company Bolt became one of the latest companies to jump on board. Earlier this year, New York-based crowdfunding platform Kickstarter announced it would pilot a four-day workweek. There’s a campaign now underway from 4 Day Week Global
On November 2, in addition to electing various city council and school board members, Colorado voters will decide two important questions of state tax policy. Proposition 120 would reduce property tax assessment rates for two subclasses of property and require the state to spend up to $25 million a year, for up to five years,
In this article WMT Cars drive past a Walmart store in Washington, DC, on August 18, 2020. Nicholas Kamm | AFP | Getty Images Walmart‘s corporate employees will begin to return to the company’s Arkansas headquarters and other offices across the country in early November, according to a company-wide memo obtained by CNBC. In a
AutoNation’s stock reached a new all-time record of more than $130 a share Thursday after the nation’s largest seller of new cars reported its sixth consecutive quarterly earnings record. AutoNation beat Wall Street’s profit and sales estimates, led by resilient consumer demand outpacing vehicle supplies due to an ongoing global shortage of semiconductor chips that
MoMo Productions | DigitalVision | Getty Images American life expectancy is trending up — and that creates more financial risk for retirees, who must make their nest eggs last a longer time. An average 65-year-old today will live another 20 years, about six years more than in 1950, according to the Centers for Disease Control
Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Oct. 12, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — A third juror was dismissed in Elizabeth Holmes’ criminal trial on Friday for what the judge said was “good cause.” That leaves only
XiFotos | E+ | Getty Images After the Social Security Administration announced a record-high cost-of-living adjustment for 2022, many beneficiaries are asking, “How much bigger will my monthly checks be?” People who receive Social Security or Supplemental Security Income, or SSI, benefits will get a 5.9% boost to their payments next year. That is that
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Caroline Nicolls receives an injection of the Moderna Covid-19 vaccine administered by nurse Amy Nash at the Madejski Stadium in Reading, England, on April 13, 2021. Steve Parsons | AFP | Getty Images LONDON — Months of data from the U.K.’s inoculation program have given deeper insight into how effective vaccines are against Covid-19. The
Pat Gelsinger Horacio Villalobos | Corbis News | Getty Images Intel shares fell more than 8% in extended trading on Thursday on a weaker-than-expected sales report and after the company blamed an industry-wide component shortage for its PC chip business shrinking 2% during the quarter ending October 2. Intel also warned on Thursday that its
In this article DWAC The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Digital World Acquisition Corp., the SPAC that is taking former President Donald Trump‘s planned social media platform public, soared again on Friday following a massive rally in the previous session.
Most Americans see college as excessively expensive, but it wasn’t always that way. Over the last decade, the cost of attending a four-year public college or university has grown significantly faster than income. Deep cuts in state funding for higher education contributed to substantial tuition increases and pushed more of the costs of college onto students, according
In this article TREE Why pay now when you can pay later? Whether it’s holiday gifts or groceries, it’s easier than ever to postpone payments on purchases. “Buy now, pay later,” or BNPL, lets shoppers break their purchases into equal installment payments, often interest-free, which can make even the biggest-ticket items seem affordable and the
In this article BAC andresr/Getty Images Even as prices for homes soar, the American Dream of owning a home is still alive and well. Yet that can be a high hurdle for first-time home buyers to reach. New data from the National Association of Realtors shows sales of previously owned homes rose by 7% in
Firefighter Matt Smither is seen working alongside critical care nurses in the Intensive Care Unit at Queen Alexandra Hospital in Portsmouth, southern England. ADRIAN DENNIS | AFP | Getty Images LONDON — An increasing number of doctors in the U.K. are warning that the country, and its health service, are facing a renewed health crisis
In this article CMG A customer carries a Chipotle Mexican Grill Inc. bag outside a restaurant in San Francisco, California, U.S., on Monday, July 20, 2020. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Thursday reported quarterly earnings that crushed Wall Street’s estimates as its menu price increases helped the chain
[The stream is slated to start at 2 a.m. ET. Please refresh the page if you do not see a player above at that time.] Click on the stream above to watch to CNBC’s Sustainable Future Forum. Friday’s session from Asia focuses on technology and innovation. The fourth industrial revolution is also going to be
In this article GSBD A trader works on the floor of the New York Stock Exchange (NYSE) in New York, Sept. 20, 2021. Michael Nagle | Bloomberg | Getty Images Goldman Sachs just closed its second billion-dollar blank-check deal ever as the Wall Street firm seeks to change the struggling SPAC market by building a
Getty Images The enhanced child tax credit has sent monthly checks to millions of American families since July. Now, it’s one of the programs on the chopping block as Democrats slim down President Joe Biden’s Build Back Better agenda. Lawmakers are proposing to extend the benefit for only one year. Previously, the Biden Administration proposed
President Biden and congressional Democrats have justified their plan to raise taxes on the rich to fund much of their $3.5 trillion spending by claiming that the tax code is not progressive enough. Yet a recent Joint Committee on Taxation (JCT) analysis of the House Ways and Means tax plan undermines that thesis by showing