A person wears a face mask while carrying shopping bags in Columbus Circle on November 28, 2020 in New York City. Noam Galai | Getty Images Shoppers have shown an eagerness to spend on new clothes, electronics and jewelry, in recent months — and retail analysts are betting that splurging will fuel the holiday season.
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Once deemed dangerous and illegal, psychedelic compounds have been rediscovered by the scientific, medical and psychiatric communities as research reveals their capacity to help patients with a range of maladies. With investors beginning to flood this new market with capital, will Big Pharma join in, or try to squash a nascent revolution of the mind?
igor_kell | iStock | Getty Images Summer isn’t officially over, yet some Americans already have the holidays on their minds. In fact, 27% of holiday shoppers plan to begin buying gifts before the end of September, according to a survey by CreditCards.com. That includes 13% who started or planned to start in August. The poll
UpperCut Images | UpperCut Images | Getty Images Student athletes and their parents have likely heard that the NCAA has opened the door to allow collegiate athletes the ability to profit off their name, image and likeness. The NCAA policy, which took effect in July 1, will allow college athletes and recruits to make money
In this article APO Marc Rowan, co-founder and senior managing director of Apollo Global Management LLC, speaks at the annual Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, April 29, 2014. Patrick T. Fallon | Bloomberg | Getty Images The high inflation readings for the U.S. economy are showing up in every
Self-awareness is an important workplace trait — and, as CNBC’s Shepard Smith says, a potentially double-edged sword. “I am not here to be your token,” Smith recently said at the Association of LGBTQ Journalists 2021 National Convention. “I don’t want to be the gay journalist, I want to be the journalist who is gay.” Smith,
Baiju Bhatt and Vlad Tenev attend Robinhood Markets IPO Listing Day on July 29, 2021 in New York City. Cindy Ord | Getty Images Robinhood’s chief legal officer, who used to work at the SEC, said the back-end payment brokerages receive for directing clients’ trades to market makers is ultimately a benefit to retail investors.
US President Joe Biden delivers remarks on plans to stop the spread of the Delta variant and boost Covid-19 vaccinations at the State Dinning Room of the White House, in Washington, DC on September 9, 2021. Brendan Smialowski | AFP | Getty Images Consumer companies have questions for President Joe Biden about his plan to
A breeder feeds piglets at a pig farm on May 13, 2020, in Bijie, Guizhou Province of China. Visual China Group | Getty Images BEIJING — Massive swings in pork prices in the last two years are roiling China’s hog farm industry. To capitalize on a doubling in prices in 2019, the five largest pork
People queue to undergo nucleic acid testing for the Covid-19 coronavirus in the city of Ruili which borders Myanmar, in China’s southwestern Yunnan province on July 5, 2021. STR | AFP | Getty Images China’s zero-Covid approach could worsen the debt situation of the country’s companies, some of which are already in financial distress, says
A tourist boat passes cowboy statues along Oklahoma City’s Bricktown Canal. Western heritage is a big draw in Oklahoma’s capital. Oklahoma City Convention and Visitors Bureau Ready to head out on vacation after the long pandemic-era drought — but not looking to go broke in the process? Online airport parking platform ParkSleepFly has ranked the
FatCamera | E+ | Getty Images It’s a situation that appears incongruous: Congressional Democrats want to expand Medicare’s benefits while a trust fund that supports the program is facing insolvency. Indeed, some Republican lawmakers have seized on that looming problem as a reason to oppose a proposal to add dental, vision and hearing coverage to
Chewy CEO Sumit Singh (C) rings the opening bell to commence the day’s trading for the Chewy Inc. IPO at the New York Stock Exchange (NYSE), June 14, 2019. Andrew Kelly | Reuters From e-commerce-driven pet healthcare, to cybersecurity, to online sports gaming, upside potential lies in many sectors of the stock market. Financial data
To reach NBA legend Shaquille O’Neal’s level of success, both on and off the court, you need to adopt the right mindset. That’s according to the Hall of Famer himself. “Of course, you have to have a little bit of talent — but if you have a certain mindset, nothing can stop you,” O’Neal tells
The SIX Swiss Exchange in Zurich, Switzerland. Stefan Wermuth | Bloomberg via Getty Images SIX, Switzerland’s stock exchange, has won regulatory approval to launch its long-awaited digital bourse. The SIX Digital Exchange said Friday it obtained two licenses from FINMA, the country’s markets watchdog, to operate a stock exchange and depository for blockchain-based securities. SIX
In this article .SPX .DJI The Dow Jones Industrial Average and S&P 500 Index just suffered five straight days of losses and their worst weekly performance since — wait for it — June. Investors went into the summer easing up a little bit on stocks and have exited the summer with a similar bout of
Spencer Platt | Getty Images News | Getty Images Federal unemployment benefits lapsed on Labor Day. But there’s good news for Americans who’ve been waiting weeks or months for that aid to arrive: They can still collect back pay past the cutoff date. Workers who haven’t yet applied for the federal assistance can still do
MANDEL NGAN | AFP | Getty Images Democrats may change the rules for “mega” individual retirement accounts with more than $5 million to help fund their expansion of the country’s safety net. “Mega retirement accounts” are among roughly two dozen tax categories congressional Democrats are eyeing to help raise money for a $3.5 trillion spending
In this article RKLB The company rings the Nasdaq bell from its headquarters on Aug. 25, 2021. Rocket Lab Khosla Ventures, the Silicon Valley venture capital firm founded by Indian-American billionaire Vinod Khosla, made multiple early bets on Rocket Lab that are paying off enormously now that the space company is public. The VC firm
Theranos founder Elizabeth Holmes and her partner Billy Evans leaves the Robert F. Peckham U.S. Courthouse after the delivery of opening arguments in her trial, in San Jose, California, September 8, 2021. Peter DaSilva | Reuters When you hobnob with celebrities and titans of society, you need good jewelry. And former Theranos CEO Elizabeth Holmes
In this article WFC BHC-CA ENDP AFRM 7203.T-JP NLSN Check out the companies making headlines before the bell: Affirm Holdings (AFRM) – Affirm soared 22.4% in the premarket as the “buy now, pay later” company’s revenue easily topped estimates. Active merchant numbers more than quintupled and Affirm issued a positive outlook as well. Toyota Motor
Emma Raducanu of Great Britain celebrates winning match point to defeat Leylah Annie Fernandez of Canada during the second set of their Women’s Singles final match on Day Thirteen of the 2021 US Open at the USTA Billie Jean King National Tennis Center on September 11, 2021. (Photo by Elsa/Getty Images) Elsa | Getty Images
Unwanted goods create mountains of waste and cost retailers hundreds of billions of dollars. The FT’s Helen Barrett explores the latest moves by big brands like Ikea and Decathlon to resell and recycle damaged and rejected stock that would other side be broken down or discarded. #sustainability ► To learn more, visit our website –
Travel + Leisure Club is a new subscription travel booking and concierge service. Travel + Leisure Group/Travel + Leisure Co. From private-jet clubs to theme park memberships, subscription services are increasingly the way to go when it comes to vacations and other leisure trips. For example, Internet sites Tripadvisor and Scott’s Cheap Flights — both
Chloe Wohlforth, pictured with her father Martin, who died in the terrorist attacks on the World Trade Center on Sept. 11, 2001, said she still feels his presence in her life today. Courtesy: Chloe Wohlforth For Chloe Wohlforth, Sept. 11, 2001 started out like an ordinary day. That began to change as she was sitting
Maskot | Maskot | Getty Images Company: Vonage Holdings Corp. (VG) Business: Vonage is a collection of three main businesses: (i) the legacy consumer VOIP business; (ii) Application Programing Interface (API) business, which helps companies communicate to their customers through text messaging and (iii) Cloud-based Enterprise Communication as a Service business (CaaS). Stock Market Value:
Signage outside the Internal Revenue Service (IRS) headquarters in Washington, D.C. Bloomberg | Bloomberg | Getty Images The top 1% of Americans may be dodging as much as $163 billion in annual taxes, according to a report from the U.S. Department of the Treasury. This estimate widens the so-called tax gap — the shortfall between
A day before the 20th anniversary of 9/11, veteran trader Art Cashin reflected Friday on the impact of the terrorist attacks on Wall Street, the country and him personally. Cashin, who has been an NYSE member since 1964, was in lower Manhattan on the morning of Sept. 11, 2001. He remained in the stock exchange
Gavin Newsom, governor of California, speaks during a ‘Vote No’ recall campaign event in San Francisco, California, U.S., on Tuesday, Sept. 7, 2021. David Paul Morris | Bloomberg | Getty Images California voters will decide whether to remove Democratic Gov. Gavin Newsom in a Sept. 14 recall election. While Newsom has taken only moderate actions
Money and mental health are connected. Financial problems can make you stressed, anxious or depressed, and those feelings, in turn, can have a big impact on your finances. In fact, anxious or stressed adults are more likely to engage in costly financial behaviors, including withdrawing cash from retirement accounts and borrowing from high-cost financial services