Job seekers speak with recruiters at a Job News USA career fair in Louisville, Kentucky, on June 23, 2021. Luke Sharrett/Bloomberg via Getty Images About half of U.S. states withdrew federal funds for the unemployed months early to encourage out-of-work residents to find a job. But mounting evidence shows that policy gambit hasn’t yet paid
Today’s map zeroes in on states that have a “marriage penalty” in their individual income tax brackets. Under a graduated-rate income tax system, a taxpayer’s marginal income is subject to progressively higher tax rates. A marriage penalty exists when a state’s income brackets for married taxpayers filing jointly are less than double the bracket widths that
Lucy Nicholson | Reuters The Centers for Disease Control and Prevention on Tuesday released a new federal eviction moratorium, just days after the previous ban expired on July 31. The new rules bought more time for some, but not all, of the millions of renters facing eviction. It’s also increased confusion for many in danger
We highlight four interesting ETFs that launched recently.
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American backstroke Olympian Ryan Murphy told CNBC’s “The News with Shepard Smith” that doping remains a huge problem in the sport, and that there’s not enough being done to combat it. “In the U.S. you can see exactly how many times myself or any of my teammates have been drug tested, and it’s not like
An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy reported better-than-expected second-quarter results after the bell on Wednesday, but it gave guidance for the current quarter that suggests the pandemic-fueled commerce boom may be stalling. The stock slid as much
In this article DBSM-SG DBS Group Holdings in the central business district of Singapore. Nicky Loh | Bloomberg | Getty Images SINGAPORE — DBS Group Holdings, the largest bank in Singapore and Southeast Asia, reported on Thursday second-quarter earnings that beat expectations as the economic recovery in its home market takes hold. The bank’s net
For Ray Dalio, bitcoin is like a digital version of gold — but the billionaire clearly values one higher than the other. “If you put a gun to my head, and you said, ‘I can only have one,'” says Dalio. “I would choose gold.” Dalio, who turns 72 on Sunday, revealed in May that he
In this article VRA VERA A woman walks past JPMorgan Chase & Co’s international headquarters on Park Avenue in New York. Andrew Burton | Reuters JPMorgan Chase‘s new healthcare unit has made its first investment, CNBC has learned exclusively. The bank has agreed to invest $50 million in Vera Whole Health, a Seattle-based start-up that
kate_sept2004 | E+ | Getty Images Many Americans were financially squeezed even before the Covid-19 pandemic began. As of 2019, 41% of households ages 25 to 64 said they did not have enough saved to cover an unexpected $400 expense, according to Federal Reserve data. One reason they may have had trouble setting aside cash:
In this article MGP VICI MGM Resorts International President and CEO Bill Hornbuckle is interviewed during the launch of the 100-megawatt MGM Resorts Mega Solar Array, the hospitality industry’s largest directly sourced renewable electricity project in the world on June 28, 2021 in Dry Lake Valley, Nevada. Gabe Ginsberg | Getty Images Real estate investment
It’s not easy to beat every quarter during a pandemic. But these 5 companies have been doing it.
Superb earnings from great companies are driving stocks higher, so let’s take a tour of my faves.
A woman enters a CVS Covid-19 vaccine site in Monterey Park, California on April 27, 2021. Frederic J. Brown | AFP | Getty Images CVS Health Chief Executive Karen Lynch said Wednesday that the peak of Covid-19 vaccinations is behind the company. On an earnings call, she said the drugstore chain has administered 30 million
In this article RCL Royal Caribbean International’s Anthem of the Seas cruise ship calls at Greenock port on July 22, 2021 in Greenock, Scotland. Jeff J Mitchell | Getty Images Royal Caribbean International reported a second-quarter loss on Wednesday that was wider than analysts were anticipating, as the spread of the delta coronavirus variant slowed
In this article GM LYFT HOOD Omar Marques | LightRocket | Getty Images Check out the companies making headlines in midday trading. Robinhood Markets — Robinhood shares rose in wild trading as the newly public online brokerage zoomed past its IPO price of $38 per share. The brokerage app surpassed its IPO debut volume of
Theranos founder Elizabeth Holmes leaves the Robert F. Peckham Federal Building with her defense team in downtown San Jose, Calif., on Tuesday, May 4, 2021. MediaNews Group/The Mercury News via Getty Images | MediaNews Group | Getty Images Elizabeth Holmes, the embattled former CEO of blood-testing start-up Theranos, was dealt a major blow on Wednesday
Vanguard signage at a Morningstar Investment Conference. M. Spencer Green | AP Vanguard is offering its employees $1,000 to get vaccinated against Covid-19, the company has confirmed. The asset management giant follows Facebook, Google, Microsoft and other employers calling on workers to get the coronavirus vaccine amid growing concerns about the fast spread of the
Pent-up demand is bringing shoppers back to malls like the Mall of America in Minneapolis. Owen Franken | Corbis Documentary | Getty Images After being hobbled by the pandemic recession, real estate investment trusts are rebounding rapidly, and the economic recovery isn’t the only thing driving growth this year. Share prices are rising from demand