As the IRS sends out the last of the third round of stimulus checks and tops off payments for millions of other Americans, some lawmakers are already pushing for a fourth check. The third stimulus payments — worth up to $1,400 per individual and each of his or her dependents — currently being delivered by
In this article DBSM-SG SINGAPORE — Singapore’s largest bank DBS Group Holdings said it’s not practical to cut off clients with coal exposure in the short term. DBS on Friday announced that it aims to eliminate thermal coal exposure by 2039. To get there, DBS will cease taking on new clients that derive more than
Trent Alexander-Arnold of Liverpool controls the ball during the UEFA Champions League Quarter Final Second Leg match between Liverpool FC and Real Madrid at Anfield on April 14, 2021 in Liverpool, England. Shaun Botterill | Getty Images Sport | Getty Images Twelve of Europe’s leading football clubs have agreed to establish a Super League, despite
The government’s stimulus response to the pandemic may accelerate the trend of companies offering student loan assistance as a benefit. Mark Chilton | iStock | Getty Images Phyllis Wintter has had student debt for more than 30 years. At 67, she still owes around $48,000. Now she hopes that change could be coming, and that
James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, on Thursday, May 30, 2019. Giulia Marchi | Bloomberg | Getty Images Morgan Stanley is set to report first-quarter earnings before the opening bell on Friday. Here’s what Wall Street expects: Earnings: $1.70 a share, 68%
Dogecoin, a cryptocurrency that started as a joke, is now a top-five digital currency with a market value of about $49 billion, according to CoinGecko. Created as a parody in 2013, dogecoin is based on the “Doge” meme, which portrays a Shiba Inu dog. On Friday, dogecoin reached an all-time high when it surpassed 28
People wait in line at a food distribution site in the South Bronx on March 10, 2021 in New York. Spencer Platt | Getty Images News | Getty Images It’s been about a year since millions of Americans filed for unemployment benefits in the early days of the Covid pandemic. That anniversary seems to
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases testifies at the House Select Subcommittee on the Coronavirus Crisis on the Capitol Hill in Washington, April 15, 2021. Susan Walsh | Pool | Reuters White House chief medical advisor Dr. Anthony Fauci said Sunday he believes the U.S. will likely resume use
In this article PWC Pekic | E+ | Getty Images There’s a shift happening in corporate America. The coronavirus pandemic, which resulted in mass layoffs and reduced salaries and work hours, has left millions of people financially stressed. Employers are starting to respond. “The role of employers has really evolved,” said Julia Lamm, a New
SpaceX CEO Elon Musk raises his arms in celebration beneath a Starship rocket prototype under construction in Boca Chica, Texas. Steve Jurvetson on flickr Elon Musk’s SpaceX beat out teams led by Jeff Bezos’ Blue Origin and Leidos subsidiary Dynetics to win a nearly $3 billion contract to build NASA’s next crewed lunar lander, The
Billionaire investor Mark Cuban learned many key lessons in his 20s that led to his success – one of them was to be a better listener, and he’s used a specific technique to do for decades. “I like to talk, and I’m an interrupter,” Cuban said on a recent episode of the “Wild Ride! with
Betterment launched a new savings option that pays users up to 2.69% interest. Source: Betterment Trading apps aren’t the only ones benefiting from the rise of meme stocks. Betterment, a digital investment advisor, said it saw record growth in the first quarter of 2021. Despite offering so-called “passive” investing and not allowing clients to hand-pick
In this article WFC Wells Fargo CEO Charles Scharf listens during the Milken Institute Global Conference in Beverly Hills, Calif., on April 30, 2019. Kyle Grillot | Bloomberg | Getty Images Wells Fargo reported earnings and revenue that beat expectations for its first-quarter on Wednesday. Here’s how the results stacked up to expectations. Earnings: $1.05
The clean living craze isn’t stopping at corporate America. The trend has now seeped into the exchange-traded fund market, where Amplify ETFs — the firm behind popular thematic funds such as the Amplify Seymour Cannabis ETF (CNBS) and the Amplify Transformational Data Sharing ETF (BLOK) — has now filed for an ETF focused on clean
Matthew Turner (on the right) and his husband, Gerard. Photo: Matthew Turner Since Matthew Turner was laid off in October, he estimates he’s applied to close to 600 jobs, with no luck. Nearly as difficult has been his hunt for rental assistance. Turner’s contacted many local organizations in North Carolina where he lives, but has
Friends spending the weekend in the shopping mall martin-dm | E+ | Getty Images Company: Genesco Inc. (GCO) Business: Genesco is a retailer and wholesaler of branded footwear, apparel and accessories that operates through four business segments: (i) Journeys Group, comprised of retail footwear chains and e-commerce operations; (ii) Schuh Group, which includes the Schuh
When I started paying off my student loans, I wanted to do everything I could to hold myself accountable. So I started a blog called Conscious Coins about my plan to pay off my debt, sharing my struggles and my triumphs along the way. Over time I built a community of people who understood what
Federal Reserve Governor Christopher Waller said Friday he sees the U.S. economy as set to take off, though not at a fast enough pace that the central bank should start tightening policy. “I think the economy is ready to rip,” Waller told CNBC’s Steve Liesman during a “Squawk on the Street” interview. “There’s still more
In this article GS David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs on Wednesday blew past analysts’ expectations with record first-quarter net profits and revenues on strong performance from the firm’s equities traders and investment bankers. Here are the numbers:
LeSean McCoy (25) of the Buccaneers runs the ball during the regular season game between the Minnesota Vikings and the Tampa Bay Buccaneers on December 13, 2020 at Raymond James Stadium in Tampa, Florida. Cliff Welch | Icon Sportswire | Getty Images National Football League running back LeSean McCoy admitted he had no clue how
Getty Images With the end of tax-filing season swiftly approaching, people who worked in multiple states last year due to Covid may be wondering — where do I owe taxes? The answer might not be simple. Between March 2020 and October 2020, nearly 9 million Americans relocated, according to research from the National Association of
Tetra Images | Tetra images | Getty Images Next year’s tax return is probably the last thing on most Americans’ minds right now. With millions of individuals and business owners still dealing with their taxes for this year, next year can wait. “The financial industry, and the whole country, has compliance fatigue,” said Ed Reitmeyer,
The Reddit logo is seen on a smartphone in front of a displayed Wall Street Bets logo in this illustration taken January 28, 2021. Dado Ruvic | Reuters It could be a big pay day for Keith Gill, the Reddit trading crowd’s favorite and the man who inspired the epic GameStop short squeeze. Friday is
New Orleans Saints safety and two-time Super Bowl champion Malcolm Jenkins says despite making more than $70 million in salary and bonuses throughout his 12-year NFL career, he’s pretty thrifty. “I’m usually a frugal person,” Jenkins tells CNBC Make It. “I don’t blow my money too much. I’m probably more of a saver.” Jenkins, 33,
In this article RUN SPG PNC Shoppers walk through the King of Prussia mall in King of Prussia, Pennsylvania. Jennah Moon | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Sunrun — The solar stock popped 10% after Simmons Energy, a division of Piper Sandler, upgraded the stock to overweight
A Delta Airlines Boeing 757-251 approaches Washington Ronald Reagan National Airport (DCA) in Arlington, Virginia on February 24, 2021. Daniel Slim | AFP | Getty Images Delta Air Lines on Thursday reported another quarterly loss but said it expects to reach break even in June as travel demand rebounds from a deep pandemic slump. Here’s
A paramedic transfers a patient to an emergency room at Hackensack Meridian Health Palisades Medical Center in North Bergen, New Jersey, on December 11, 2020. Kena Betancur | AFP | Getty Images Dr. Paul Offit, a physician at Children’s Hospital of Philadelphia, said he is now seeing more patients with Multisystem Inflammatory Syndrome, a complication
Ty Wright | Bloomberg | Getty Images It’s a challenging time to be a car buyer. High consumer demand coupled with a manufacturing shortage of microchips — key parts needed for today’s autos to operate — have pinched new-car inventory at dealerships across the country. And with drivers seeking affordable options for hitting the open
MoMo Productions Parents may soon start getting monthly payments from the IRS, due to a recent change to the child tax credit. IRS Commissioner Charles Rettig said Tuesday that the agency was on track to start issuing that aid in July. Here’s what taxpayers need to know about the tax credit and income stream. Child
Bill Hwang, founder of Tiger Asia Management LLC, exits federal court in Newark, New Jersey, U.S., on Wednesday, Dec. 12, 2012. Emile Warnsteker | Bloomberg | Getty Images Morgan Stanley posted blockbuster results for the first quarter, but a single prime brokerage client cost the firm nearly $1 billion. The firm had a $644 million