Indian People queue up at a COVID screening center at Ram Manohar Lohia Hospital,(RML) after a case emerged in Delhi causing a panic situation in Delhi India, 04 March 2020. Imtiyaz Khan | Anadolu Agency | Getty Images India has rolled out a slew of measures amounting to 6.3 trillion rupees ($84.9 billion) aimed at
U.S. stock index futures were little changed during overnight trading on Monday, after the S&P 500 and Nasdaq Composite closed at record highs. Futures contracts tied to the Dow Jones Industrial Average were flat. S&P 500 futures were also flat, while Nasdaq 100 futures dipped 0.1%. Stocks rose to new highs during regular trading on
Oxford | Getty Images Your emergency savings could be in danger of losing value due to one thing: inflation. Costs are rising on everything from gasoline, which has jumped 20% during the pandemic, to bacon, which is up 18.7%. Meanwhile, persistently low interest rates mean it’s tougher to earn a return on your cash and
Tracking a Favorable Momentum and Transportation Stock.
Customers wearing protective masks pay for their purchase at a vegetable stall in Mangwon Market in Seoul, South Korea, on Tuesday, Feb. 9, 2021. Bloomberg | Bloomberg | Getty Images South Korea is looking to open up its economy and work on travel bubble programs given its relative success in controlling the spread of Covid-19,
A longtime market bull sees an under-the-radar trend that should calm runaway inflation fears, and it has nothing to do with Federal Reserve policy. According to The Leuthold Group’s Jim Paulsen, private money coming from individuals and companies has been acting as a “very encouraging” market mechanism to help curb inflation. “We make decisions about
High earners in high tax states cheered the news last week that Sen. Bernie Sanders included relief from the state and local tax cap in his budget. But the numbers suggest Sanders is only considering a partial reduction in the cap. And the latest proposal being discussed in Congress would do little to help the
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