Ruby Bugarin owns two restaurants in California and is being hit by rising supply chain struggles and inflation. Courtesy: Ruby Bugarin Restaurants around the county were looking ahead to the economy’s reopening over the last few months, as Covid vaccines became more widespread and pent-up consumer demand was palpable. But headwinds from supply chain disruptions
Brick-and-mortar real estate may seem like the only tangible thing left in an increasingly virtual world, but it too is being taken over by artificial intelligence. Some of the biggest names in the business, such as Compass, Zillow and LoanSnap, are now employing AI to help find buyers the perfect mortgage and the perfect home.
Yum Brand’s Taco Bell announced its piloting the Taco Lover’s Pass monthly subscription.
Here are the most important news, trends and analysis that investors need to start their trading day: Dow futures drop as history signals a rough rest of September Options, futures expirations could add volatility at Friday’s close Fed chief calls for a review of the central bank’s investment rules FDA vaccine advisory panel to meet
In this article UNM ACCD 788-FF TTWO IVZ MANU Check out the companies making headlines before the bell: Manchester United (MANU) – The soccer team operator reported a quarterly loss that was 5.9% narower than what it lost a year ago amid a 15.9% increase in revenue. Manchester United is not providing full-year revenue or
In this article QAN-AU DAL A study conducted earlier this year shows there may be a way to reduce the number of Covid infections on board commercial airplanes to virtually zero. Results of the study appeared in a peer-reviewed article published on Sept. 1 in the Mayo Clinic Proceedings medical journal. The article — a
Rukiya Zaman, 7, received a $100 in a scholarship 529 college savings plan as part of a New York City pilot program aimed at closing the wealth gap. Her parents have since started saving in their own account. CNBC Rukiya Zaman, who is a 7-year-old, dreams of becoming a NASA astronaut. The second grader, who
Investing in sustainable buildings could offer a real solution to reducing emissions in one of the world’s most polluting sectors, said Taronga Ventures, an investment firm focused on sustainable innovation and tech. Buildings currently represent 39% of global greenhouse emissions, according to U.N. data. Almost one-third (28%) of the global total is the result of
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A shopping cart sits in the parking lot of a Sears retail store on March 22, 2017 in Schaumburg, Illinois. Sears Holdings, the parent of Kmart and Sears, Roebuck, & Co., said there is “substantial doubt” about the company’s financial viability. Scott Olson | Getty Images News | Getty Images The last Sears department store
Jay Leno gave CNBC’s “The News with Shepard Smith” an optimistic outlook when it comes to the future of electric cars, despite the latest warning from General Motors to owners of some Chevy Bolts, advising them not to park within 50 feet of other cars. “The last days of old technology are always better than the
The subject of additional regulation in the crypto space has been especially buzzy lately, and on Tuesday, Gary Gensler, chairman of the Securities and Exchange Commission, told the Senate Banking Committee that the SEC is working overtime to create a set of rules for crypto markets to protect investors, among other things. In response, both
U.S. Senate Finance Committee Chairman Ron Wyden, D-Ore., questions IRS Commissioner Charles P. Rettig at a June 8, 2021 Senate Finance Committee hearing. Tom Williams | Pool | Reuters Senate Finance Committee Chairman Ron Wyden, D-Ore., has floated a new levy on exchange-traded funds to help pay for the Democrats’ $3.5 trillion budget package. Exchange-traded
Preliminary Revenue and Economic Estimates Revenue (Trillions) Long-run GDP Wages FTE Jobs Source: Tax Foundation Taxes and Growth Model, September 2021. Democratic lawmakers on the House Ways and Means Committee have advanced legislation containing the tax elements of President Biden’s Build Back Better agenda. The draft legislation could be modified by the House Rules Committee
The Emerald Bay residential project developed by China Evergrande in the Tuen Mun district of the New Territories in Hong Kong, China, on Friday, July 23, 2021. Lam Yik | Bloomberg | Getty Images Chinese property giant Evergrande is on the brink of collapse, and analysts warn the potential fallout could have far-reaching implications that
Make screening for stocks more interesting with this investigative approach to ETFs
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Fuel prices on a sign at a BP gas station in Louisville, Kentucky, on Friday, Jan. 29, 2021. Luke Sharrett | Bloomberg | Getty Images The House Oversight Committee on Thursday expanded its investigation into the fossil fuel industry’s involvement in spreading disinformation about the role fossil fuels play in causing climate change. Committee Chairwoman
Tourists visit the Bund waterfront area on May 10, 2021 in Shanghai, China. Wang Gang | Visual China Group | Getty Images Investors may need to be more careful when putting money into China, but there are still investing opportunities in world’s second largest economy, according to the chairman of Standard Chartered. Stocks of Chinese
LaylaBird The tax package House Democrats unveiled this week would increase the so-called marriage penalty for wealthy couples. Couples who file a joint tax return experience a marriage penalty if their income-tax bill is larger than the one they’d get filing as single taxpayers. A penalty is more common when each spouse earns a similar