Serena Williams of The United States celebrates a set point in her ladies singles first round match against Irina-Camelia Begu of Romania on day two of the 2021 French Open at Roland Garros on May 31, 2021 in Paris, France. Stephane Cardinale | Corbis Sport | Getty Images Serena Williams is investing an undisclosed amount
The IRS issued the first round of monthly payments for the Child Tax Credit last week on July 15. Families who are eligible for the credit based on their most recently filed tax return received the payments via direct deposit or paper check. Monthly payouts will continue throughout the rest of the year with families
As home prices surge, a real estate start-up launched in October by two former Zillow executives sees opportunity. Cincinnati-based Pacaso purchases luxury single-family vacation homes and then sells them to groups of buyers through a fractional ownership model as part of an LLC, co-founder and CEO Austin Allison told CNBC on Friday. “Most second homes
In this article AMCX Walkers from “The Walking Dead” Source: AMC AMC Networks has settled a lengthy legal dispute with filmmaker Frank Darabont and the Creative Artists Agency for $200 million over the cable network owner’s long-running zombie series “The Walking Dead.” This settlement comes less than a month before the series kicks off its
A view of the Norwegian Encore cruise ship during its inaugural sailing from PortMiami, which took place from Nov. 21-24, 2019. Orlando Sentinel | Tribune News Service | Getty Images Check out the companies making headlines in midday trading. State Street — The financial firm’s shares rose 2.6% after beating on the top and bottom
If you want to be successful, you have to start by being honest with yourself about some of your biggest weaknesses. That’s according to billionaire Ray Dalio, who certainly has experienced his share of success as the founder of the world’s largest hedge fund, Bridgewater Associates. The hedge fund, which Dalio founded in his New
Treasury Secretary Janet Yellen speaks during the daily press briefing on May 7, 2021, in the Brady Briefing Room of the White House in Washington, DC. Saul Loeb | AFP | Getty Images U.S. Treasury Secretary Janet Yellen will meet with the President’s Working Group on Financial Markets next week to discuss the role stablecoins
An executive chef interviews a job seeker about hospitality employment during a job fair on June 23, 2021 in Torrance, California. PATRICK T. FALLON | AFP | Getty Images The rapidly spreading delta variant of Covid-19 may be reason for Congress to extend federal unemployment benefits past their expiration in early September, according to some
A restaurant worker at a May 26, 2021 “Wage Strike” demonstration organized by One Fair Wage in Washington, D.C. Anna Moneymaker | Getty Images News | Getty Images The coronavirus crisis has cast new attention on wages and income. It’s been 12 years since the last federal minimum wage increase, and whether a hike in
zacks.com zacks.com/ultimate
Fannie Mae and Freddie Mac are dropping a fee on mortgage refinances that was instituted during the pandemic, lowering costs for borrowers, the Federal Housing Finance Agency said Friday. Fannie and Freddie were charging lenders a 50 basis-point fee for all loans that were delivered to the two mortgage giants. The fee, designed to cover
Selective focus. Concept photo. Oleksandr Siedov | iStock Editorial | Getty Images LONDON — More than 500,000 people in Britain were told to self-isolate last week by the government-backed Covid-19 Test and Trace app, with similar numbers expected over the coming weeks. In the week ending July 7, a record 520,194 people in England were
In this article SQ Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square arrives on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Payments company Square is launching a
Delmaine Donson | E+ | Getty Images Like many Americans, you may dread the thought of returning to the office. Yet only 12% of companies are adopting a “remote-first” model in the second half of 2021, a recent CNBC survey of 50 members of the CNBC Global CFO Council, Technology Executive Council (TEC) and Workforce
The Biden administration has proposed to significantly increase the tax burden on foreign income through a policy known as Global Intangible Low-Tax Income (GILTI). While the administration’s rhetoric focuses on doubling the tax rate on GILTI from 10.5 percent to 21 percent, this is less than half the story. The rate on GILTI is going
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull
In this article SCHW MoMo Productions | Taxi | Getty Images When it comes to building wealth, many Black Americans are facing an uphill battle. The median annual wage for Black workers is about 30% lower than that of white workers, according to a McKinsey & Company report. The report also found that 3.5 million
There isn’t enough evidence right now to show that booster shots for Covid vaccines are needed, according to a former FDA director. “Being prepared to make boosters is a good thing, but we really don’t have … evidence, at least in the United States, where we’re seeing vaccine failures or we’re seeing waning in immunity,
In this article PEP Bottles of PepsiCo Inc. brand Pepsi soda for sale at a grocery store in Bagdad, Kentucky, U.S., on Friday, April 9, 2021. Luke Sharrett | Bloomberg | Getty Images PepsiCo on Tuesday reported that its quarterly revenue rose more than 20% as restaurant demand for its drinks returned, fueling an earnings
Gojek drivers wearing protective masks wait for a customer along a road in Jakarta, Indonesia on Wednesday, April 22, 2020. Dimas Ardian | Bloomberg | Getty Images SINGAPORE — Southeast Asia’s late-stage start-ups are attracting growing interest from blank-check companies that want to take them public, a venture investor told CNBC. More than 40 SPACs