Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Monday, Oct. 18, 2021. Kyle Grillot | Bloomberg | Getty Images Cathie Wood — known for her innovation ETFs that garnered billions in inflows during the pandemic — said Ark Invest is internally
Holger Hill | fStop | Getty Images A college degree is still the ticket to better earnings and a more successful career. Data from the U.S. Bureau of Labor Statistics continues to support the traditional idea that college is the path to a better life, but fewer Americans seem to be buying into it these
Tijana Simic | iStock | Getty Images Medical debt is a growing burden among Americans, with more than 1 in 3 U.S. adults carrying a balance, according to a 2021 Healthcare.com survey. The findings also revealed that more than 6 in 10 adults with overdue bills received care knowing they couldn’t cover the costs, and more
One concern that some lawmakers and academics share is whether policies that incentivize investments in capital, such as full expensing or bonus depreciation, may hurt workers by encouraging firms to automate. A new paper casts doubt on that concern and finds the opposite—low-skilled workers are most helped by policies that encourage capital investments because those
Aerial view of 3030 Meadow Lane in Weston Florida at twilight. Daniel Petroni This 12,323-square-foot mansion recently hit the market with a $14 million price tag, making it the most expensive listing the city of Weston, Florida, has ever seen. The 27-square-mile city is about 31 miles northwest of Miami in the western-most part of
Protesters rally against vaccine mandates on November 20, 2021 in New York City. Stephanie Keith | Getty Images As the latest wave of Covid-19 sweeps across Europe, governments across the region are once again tightening restrictions, with some specifically cracking down on their unvaccinated populations. In Austria, which has the second-lowest Covid vaccination rate in
In this article JWN A shopper leaves a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom on Tuesday reported earnings that fell short of analysts’ expectations as labor costs ate into profits and sales and its Nordstrom Rack business struggled to return to pre-pandemic levels. The news sent
Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Check out the companies making headlines after the bell: Nordstrom — Shares of the department store chain tumbled roughly 20% following its quarterly results. Nordstrom reported earnings of 39 cents per share, well below
Art handlers hang Claude Monet’s “Coin du bassin aux nymphas” at Sotheby’s on November 5, 2021 in New York City. Angela Weiss | AFP | Getty Images The fall art auctions in New York set an all-time record, as a surge in global wealth, growing inflation fears and the continued collectibles craze boosted demand and
NASA’s Double Asteroid Redirection Test (DART) spacecraft is put in the nosecone of SpaceX’s Falcon 9 rocket in preparation for launch. Ed Whitma / Johns Hopkins APL / NASA Elon Musk’s SpaceX is set to launch a first-of-its-kind planetary defense mission for NASA in the early hours of Wednesday morning, sending the spacecraft on its
eyecrave | E+ | Getty Images Teachers who have spent their own money on masks, hand sanitizer or other Covid-19 related supplies this year will get a little help come tax time. Those costs can be deducted with other eligible out-of-pocket expenses on 2021 taxes filed next year. Teachers have been able to deduct up
Florida Governor Ron DeSantis (R) knows how to make a splash, and his proposal to suspend the state’s gas tax—temporarily, but without a specific end date—will only burnish that reputation. Citing rising prices at the pump and the state’s substantial revenue surplus, the governor is calling upon the legislature to take the state’s gas tax
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Shares of HP were up more than 8% in extended trading Tuesday after the computer hardware maker reported better-than-expected quarterly results and strong guidance for the current quarter. Here’s how it did versus Refinitiv consensus expectations for the quarter ending Oct. 31: Earnings: $0.94, adjusted, versus $.88 expected Revenue: $16.68 billion versus $15.4 billion expected
In this article GPS A pedestrian walks by the closed GAP flagship store on August 18, 2020 in San Francisco, California. Justin Sullivan | Getty Images Gap Inc. shares tumbled Tuesday after the company slashed its full-year outlook, with fiscal third-quarter results falling short as Covid-related factory closures led to significant product delays in the
Traders work on the floor of the New York Stock Exchange (NYSE) on November 15, 2021 in New York City. Spencer Platt | Getty Images U.S. stock futures were little changed on Tuesday night after tech shares sold off for the second day in a row, pressured by rising rates that gave a boost to
Theranos founder and former CEO Elizabeth Holmes along with her mother Noel Holmes (L) and partner Billy Evans arrive for her trial at the Robert F. Peckham Federal Building November 23, 2021 in San Jose, California. Ethan Swope | Getty Images SAN JOSE, CALIF. — In a stunning admission, Elizabeth Holmes acknowledged that she was
In this article RKLB A look at the company’s production floor shows a series of Electron boosters, with the typical black carbon fiber rockets in the foreground and a metallic-looking reusable booster in the center. Rocket Lab Rocket Lab CEO Peter Beck was once confident that his company would never reuse its rockets like Elon
Brothers91 | E+ | Getty Images If you lack health insurance, it may not be as out of reach as you might think. An estimated 10 million individuals who are uninsured could qualify for financial help with private insurance through the public marketplace, according to research from the Kaiser Family Foundation. Another 7 million could