Jeffrey Coolidge | Getty Images Rising inflation is a concern for Kevin Linehan, 68, a retiree in Fitchburg, Massachusetts. After a heart attack at age 44, Linehan left his career with the Postal Service early, opting for reduced disability retirement income. “It wasn’t the best financial thing to do,” he said. “But at the time,
A store advertises for employees, after coronavirus disease (COVID-19) restrictions were lifted, in Santa Monica, California, June 22, 2021. Lucy Nicholson | Reuters Small businesses across the country are struggling to keep employees and attract new staff in a tight labor market which has given workers the upper hand. The latest nonfarm payroll report on
Which airlines stocks are winners after Boeing’s big sale?
Search and rescue personnel work at the site of a collapsed Florida condominium complex in Surfside, Miami, U.S., in this handout image July 2, 2021. MIAMI DADE FIRE DEPARTMENT | via REUTERS Authorities in Florida have accelerated plans to demolish a partially collapsed 12-story condominium building in Surfside, amid concerns that winds from Tropical Storm
skynesher As Covid-19 restrictions lift and summer kicks off, it may be tempting to get distracted by vacations, concerts, barbecues and camping. But financial experts say it’s also the perfect opportunity for a midyear tax progress report. A tax checkup shows if you’re on track and may uncover ways to save over the next six
Three upcoming tax law changes scheduled by the 2017 Tax Cuts and Jobs Act (TCJA) to help offset its revenue losses would be canceled by proposed legislation that would prevent the tax treatment of investment from worsening over the coming years. Three Upcoming Tax Increases on Investment Policy Timing Requirement to amortize R&D expenses over
Probability of storm force winds from Hurricane Elsa Source: NOAA Elsa weakened to a tropical storm force but continued to plow toward Haiti and the Dominican Republic on Saturday, a day after making landfall on the Caribbean island nations of Barbados and St. Vincent. The Category 1 storm was about 40 miles southeast from Island
Pedestrians walk past a Walgreens store in New York. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Didi — Shares of the Chinese ride hailing company surged more than 14% in their second day of trading, rising back above $16 per share. The stock had a muted session
RealPeopleGroup | E+ | Getty Images If you’re one of the millions of Americans who have quit their job in recent months, you may be eager to move on to whatever is next for you. Yet because our work and the rest of our lives are often interwoven in a number of important ways, you’ll
While high top tax rates may provide “sticker shock” for corporations looking for a state to call home, they are just one of several important drivers of businesses’ tax burdens and tax compliance costs. The tax base, and more broadly, the structure of the tax code, play a large role in business taxes and, in
In this article CCL RCL The cruise ships “Carnival Sunrise” (L) and “Carnival Vista” (R) part of the Carnival Cruise Line, are seen moored at a quay in the port of Miami, Florida, on December 23, 2020, amid the Coronavirus pandemic. Daniel Slim | AFP | Getty Images The Carnival Vista is set to sail
Chinese communist leader and Chinese President Xi Jinping spoke at the celebration for the 100th founding anniversary of the Chinese Communist Party on July 1, 2021 in Beijing, China. Lintao Zhang | Getty Images News | Getty Images BEIJING — One hundred years since the founding of China’s Communist Party — which it says was
Sir Richard Branson may be trying to be first in the billionaire space race, but he believes there is plenty of opportunity in the market for companies like Virgin Galactic, Jeff Bezos’ Blue Origin, or Elon Musk’s SpaceX. “There’s room for 20 space companies to take people up there,” Branson said in an interview this
Twenty/20 We may not know what stocks in the S&P 500 will do next month, or in two years, but over the decades, we have a pretty good hunch that they’ll go up. Most of us also know what a stock is, and that definition hasn’t changed in centuries. None of that is true, of
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The pandemic has left Americans wanting higher wages and increased workplace benefits, CEO of the National Urban League Marc Morial told CNBC on Friday. “I sense that there’s a shortage of good-paying jobs because this labor shortage is at the lower end of the economic ladder,” Morial said on “Power Lunch.” Meanwhile, the former mayor of
Take a look at some of the biggest movers in the premarket: Virgin Galactic (SPCE) – Virgin Galactic shares soared 28.2% in the premarket after it announced that founder Richard Branson plans to be aboard a planned July 11 space flight. The flight would be 9 days before a scheduled Blue Origin flight would take
The billionaire space race is heating up again. Virgin Galactic’s Richard Branson now plans to beat his fellow billionaire Jeff Bezos to space next week on a test spaceflight for the British billionaire’s space tourism company that will launch July 11. That’s more than a week before Bezos plans to complete his own spaceflight, along
blackCAT | E+ | Getty Images If you invest through Robinhood, you may get early access to shares when the company goes public. The online brokerage is reserving 20% to 35% of shares to be sold in an initial public offering for its customers, according to its most recent regulatory filing. While it’s uncertain exactly