In this article DIS A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images The Walt Disney Company said Friday it is requiring all salaried and non-union hourly employees in the U.S. to be
teekid | E+ | Getty Images Although the national ban on evictions that’s been in effect for almost a year will expire tomorrow, there’s still time for struggling renters to apply for federal aid. Congress has allocated more than $45 billion in rental assistance to address the crisis, and only a sliver of the money
Cavan Images | Cavan | Getty Images Covid-19 prompted many women to leave the workforce. That’s because many women were forced to choose between working and taking care of their children and families amid a pandemic often opted for the latter. The difference in earnings and career prospects can be seen immediately. And it could
People exit the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., May 12, 2021. Andrew Kelly | Reuters The Securities and Exchange Commission said Friday it will now require additional disclosures from Chinese companies seeking a listing on U.S. stock exchanges, following Beijing’s intensified crackdown on oversea share issuance. “In light of
Travelers may not be able attend this year’s Summer Olympic Games, but they can still experience Japan virtually. As the global pandemic marches on, tourist attractions and enterprising tour guides are finding ways to emulate the look, feel and taste of a trip to the Land of the Rising Sun. Sightseeing and shopping For 2,000
A career fair in Louisville, Kentucky, on June 23, 2021. Luke Sharrett/Bloomberg via Getty Images Unemployment benefits are still not reaching people quickly, over a year into the Covid pandemic. About 38% of workers who got their first payment of benefits in June had waited more than 21 days for the funds to arrive, according
In this article QSR-CA Jose Cil, CEO of Restaurant Brands International, speaks during an interview with CNBC on the floor at the New York Stock Exchange in New York, U.S., November 6, 2019. Brendan McDermid I Reuters Restaurant Brands International on Friday reported quarterly earnings and revenue that topped Wall Street’s expectations, fueled in part by strong growth
In this article CPRI HOOD CAT CVX PG XOM Check out the companies making headlines before the bell: Procter & Gamble (PG) – The consumer products giant rose 1.1% in the premarket after it beat estimates by 5 cents with quarterly earnings of $1.13, while revenue beat forecasts as well. P&G did warn of continuing
Yury Karamanenko | iStock Editorial | Getty Images The national ban on evictions will expire in two days, leaving the millions of Americans who are still behind on their rent at risk of being forced out of their homes. But some states will continue to limit the proceedings beyond July 31. In California, where as
Image source: Eric Audras | ONOKY | Getty Images There appears to be a lack of understanding among investors about some of the fees they pay. Nearly half (47%) of investors mistakenly think the cost of investments like mutual funds and exchange traded funds generally are included in the fee they pay to their advisor
A worker hoists a flight chain at the Calder Brothers’ facility in Taylors, South Carolina, U.S., July 19, 2021. Brandon Granger | Calder Brothers Corporation | Reuters The U.S. economy is now larger than it was before the pandemic, but its growth rate may have peaked this year at a much slower pace than expected.
Bill Hwang in 2012 Emile Warnsteker | Bloomberg | Getty Images A charity founded by Bill Hwang, a longtime financial executive under scrutiny for a round of trades that sent the market into a tailspin, saw its assets soar by over $100 million just two years prior to the meltdown on Wall Street. The new
In this article @DJ.1 @ND.1 @SP.1 AMZN Matteo Colombo | DigitalVision | Getty Images Futures contracts tied to the major U.S. stock indexes traded mixed at the start of the overnight session Thursday evening as a soft earnings report from Amazon threatened to curb Wall Street’s otherwise strong July on the month’s final day of
In this article AMZN Andy Jassy, CEO Amazon Web Services, speaks at the WSJD Live conference in Laguna Beach, California, October 25, 2016. Mike Blake | Reuters Amazon is set to announce its second-quarter earnings after the bell on Thursday. Here’s what Wall Street is expecting: Earnings: $12.30 per share, according to analysts surveyed by
In this article HOOD Robinhood CEO Vlad Tenev on Thursday brushed off the first-day performance of the trading app’s stock, which ended the day lower despite making its public debut with much fanfare. Shares of Robinhood, a company that was the subject of both public and congressional scrutiny amid the meme stock frenzy earlier this
Focqus, LLC | iStock | Getty Images President Joe Biden is calling on Congress to extend the national eviction ban set to expire in two days. “This moratorium prevented hundreds of thousands of Americans from experiencing the heartbreak, homelessness and health risks that too often emanate from evictions — particularly during a pandemic,” White House
MoMo Productions | DigitalVision | Getty Images For some retirees, getting a large pension payment can become a big problem. Let’s say a pension plan mistakenly has been paying a participant too much and requires the person to pay back the money, typically through reduced future payments. That can cause many a retiree a lot
Varda co-founders Delian Asparouhov, left, and Will Bruey. Varda Space Industries Varda Space Industries, a start-up founded less than a year ago by a pair with experience at Elon Musk’s SpaceX and Peter Thiel’s Founders Fund, has now raised more than $50 million as it works toward its first mission in the first quarter of
Frederic J. Brown | AFP | Getty Images It can literally pay to get a Covid vaccine in some places. Across the country, many states are offering lottery prizes to boost the number of residents who inoculate themselves against the virus. If you are among the winners, just don’t forget the taxman. “Generally, when people
Robinhood CEO and co-founder Vlad Tenev on Thursday defended retail clients that invest in so-called meme stocks, saying the phenomenon is real and gives embattled companies access to capital they otherwise wouldn’t have. “I think it’s a real thing. There’s customers that love these companies, they want them to thrive,” Tenev told CNBC’s Andrew Ross
In this article YUM Signage is displayed outside a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, U.S., on Thursday, Jan. 30, 2020. Luke Sharrett | Bloomberg | Getty Images Yum Brands on Thursday reported quarterly earnings and revenue that topped analyst predictions as same-store sales grew at all
In this article NOC TAP YUM TPX MRK CMCSA Check out the companies making headlines before the bell: Comcast (CMCSA) – Comcast rose 1.9% in the premarket after reporting adjusted quarterly earnings of 84 cents per share, beating the consensus estimate of 67 cents. The NBCUniversal parent also reported better-than-expected revenue, helped by a rebound
People line up outside a newly reopened career center for in-person appointments in Louisville, Kentucky, U.S., April 15, 2021. Amira Karaoud | Reuters There’s good news for some who claimed unemployment benefits in 2020. The IRS is sending another 1.5 million refunds to people who were taxed on unemployment income last year before a portion
Yuriko Nakao | Getty Images The U.S. Marshals Service, one of the primary law enforcement agencies of the Department of Justice, has hired custodian Anchorage Digital for cryptocurrency seized or forfeited in various criminal cases. The Marshals Service has spent more than a year seeking a custodian and financial services provider for its stockpile of
In this article GSBD BLK GS Eric Adams, Democratic candidate for New York City Mayor, speaks during a campaign appearance in Brooklyn, New York, June 11, 2021. Brendan McDermid | Reuters Eric Adams may not be the mayor of New York, but he is already starting to privately seek an alliance with several of the
In this article OCBC-SG UOBH-SG DBSM-SG Automated teller machines of the three Singapore-listed banks: OCBC, DBS and UOB. Munshi Ahmed | Bloomberg | Getty Images SINGAPORE — Shares of Singapore’s top three banks rose Thursday after the country’s financial regulator lifted a cap on dividend payouts that was implemented following the Covid-19 pandemic. Singapore’s largest
In this article FB CEO of Facebook Mark Zuckerberg walks to lunch following a session at the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Facebook is set to report its second-quarter earnings after market close on Wednesday. Here’s what Wall Street is expecting:
In this article AMCX Bob Odenkirk attends the 2020 Film Independent Spirit Awards on February 08, 2020 in Santa Monica, California. Jeff Kravitz | FilmMagic, Inc | Getty Images Actor Bob Odenkirk is in stable condition at a New Mexico hospital after suffering a heart attack while on the set of AMC’s “Better Call Saul.”
A visual representation of digital currencies. Yuriko Nakao | Getty Images Even though it’s a highly volatile asset, cryptocurrency can help investors build wealth, especially if they invest in digital coins over the long-term. It’s a portfolio play that’s gained traction in recent months and is catching up to stock trading as something that
In this article GNRC A worker inspects a 24-kilowatt Generac home generator at Captain Electric on February 18, 2021 in Orem, Utah. George Frey | Getty Images Shares of backup power company Generac fell more than 12% on Wednesday at the lows after the company warned about ongoing supply chain constraints and inflationary pressures. The