Getty Images Some part-time workers who stay on the job may get faster access to their company’s 401(k) plan. As part of retirement legislation pending in Congress, workers who book between 500 and 999 hours for two consecutive years would generally be eligible for their employer’s plan. That would be a reduction from the current
A temporary gas shortage, caused by a hack attack, on much of the East Coast last month and fear of rising inflation have led some people to wonder if the 1970s are back. The Bureau of Economic Analysis report released last week did little to settle this fear, finding that the Personal Consumption Expenditures (PCE)
We highlight the best performing areas of 1H 2021.
A Starbucks location that was closed midday at Dallas-Fort Worth International Airport. Leslie Josephs | CNBC A worker shortage at Dallas/Fort Worth International Airport became so severe last month that one of its top executives sent a message to shops and restaurants: Don’t steal each other’s employees. “As you know, we are experiencing one of
In this article .AD.IXIC An ASL Airlines Boeing 737-400 freighter landing at Milan Malpensa airport. Fabrizio Gandolfo | LightRocket | Getty Images Check out the companies making headlines in midday trading. Intellia Therapeutics – Intellia shares surged 56% after the company announced positive results from a phase one study, along with partner Regeneron, of a gene-editing
The Covid-19 pandemic and economic shock that followed has made it more difficult for many parents and students to afford college. Yet even fewer families applied for financial aid this year. The Free Application for Federal Student Aid, or FAFSA, serves as the gateway to all federal aid money, including loans, work-study and grants, which are the most
Women tend to live longer than men, so they need as much retirement income as possible. Whether you’re 30 or 60, here’s what you need to know. As a single woman with no children, Karen Callahan is putting together the financial pieces that will protect her for a potentially long life on her own. A
Vaccines are working against Covid-19, including the highly contagious delta variant — but the challenge is in getting enough people inoculated, according to a professor of preventive medicine at the Vanderbilt University School of Medicine. “Leaving it in the refrigerator doesn’t help, that won’t prevent disease. You have got to move that vaccine into arms,” William Schaffner
Wilmington Trust’s Meghan Shue is opening her playbook for the year’s second half — which starts Thursday. Her strategy includes an overexposure to cyclicals, and she favors financials, energy, commodities, materials and industrials. “We see the economic recovery continuing and being a tailwind for stocks,” the firm’s head of investment strategy told CNBC’s “Trading Nation”
A container ship docked at India’s Adani Port Special Economic Zone (APSEZ) in Mundra, India. Sam Panthaky | AFP | Getty Images India’s second wave of coronavirus outbreak will affect the country’s infrastructure firms to varying degrees, according to Moody’s Investors Service. Power companies and ports are expected to better withstand the impact of pandemic-led
In this article @ND.1 @DJ.1 @SP.1 A man walks past the charging bull statue near the New York Stock Exchange. Mandel Ngan | AFP | Getty Images Futures contracts tied to the major U.S. stock indexes rose at the start of the overnight session Sunday evening after the S&P 500 notched its best week since
VALERIE MACON | AFP | Getty Images A new bipartisan bill proposed in Congress would require the Social Security Administration to once again mail annual statements to everyone ages 25 and over who have paid into the system. The bill, called the Know Your Social Security Act, was proposed on Thursday by Republicans and Democrats
This aerial view, shows search and rescue personnel working on site after the partial collapse of the Champlain Towers South in Surfside, north of Miami Beach, on June 24, 2021. Chandan Khanna | AFP | Getty Images The death toll has risen to nine people after a 12-story condominium building collapsed in Florida, Miami-Dade Mayor
Zillow home page Source: Zillow Investors looking for stock ideas into the second half of 2021 may want consider some of these fresh ideas. These are stocks that Wall Street analysts believe are primed to surge over the long run and offer good value now. The names highlighted in this article not only fit the
In this article CCF BAC PNC PYPL SQ COIN Hiraman | E+ | Getty Images There’s been a surge in consumer complaints about mobile payment apps and digital wallets, such as Venmo, Cash App, Coinbase and Zelle, as more Americans go cashless. That’s according to a new report from the U.S. Public Interest Research Group,
Table of Contents Key Findings Net operating loss (NOL) deductions (carryforwards and carrybacks) help ensure that businesses are taxed on their average profitability, which makes the tax code more neutral across businesses and over time. Ideally, countries should allow their businesses to carry their losses forward and back without any limits. However, no OECD country
Many things have been in short supply during the coronavirus crisis, and that includes housing. When the country went into lockdown, Americans were on the move. The sudden shake up caused a spike in home prices. Even now, potential buyers continue to be shut out of the housing market as prices head higher and higher.
New York State Attorney General, Letitia James, speaks during a news conference, to announce criminal justice reform in New York City, U.S., May 21, 2021. Brendan McDermid | Reuters New York Attorney General Letitia James announced on Saturday that Johnson & Johnson has agreed to halt sales of opioids nationwide in a $230 million settlement
In this article BYND MGM KBH MGNI DRI People walk in front of the MGM Resorts International Bellagio Resort & Casino in Las Vegas, Nevada, on Tuesday, March 17, 2020. Joe Buglewicz | Bloomberg via Getty Images Ad tech stocks — The digital advertising industry saw stocks surge Thursday after Google pushed back its timeline
As high school graduation festivities come to an end, a new milestone is ahead for families of first-year college students — making the first tuition payment. Invoices for the fall semester are often sent out at the beginning of July and payments are typically due the first week of August. Yet some families still may