Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York City, November 21, 2019. Lucas Jackson | Reuters This is a live blog. Please check back for updates. 8:03 am: ‘Storm clouds starting to clear’ for Tesla, analyst says Wedbush analyst Dan Ives hiked his price
Month: May 2020
As millions of U.S. office workers stretch into their third month of navigating the world’s largest work-from-home experiment, business leaders are announcing that remote work is here to stay long after the pandemic subsides. Some companies, such as Google, have announced that workers who don’t need to be onsite can extend their work-from-home arrangement until
CNBC’s Jim Cramer said Wednesday that he thought some stocks were rallying too far too quickly given the high level of unemployment in the United States as the economy tries to pull out of the coronavirus slowdown. “It’s too ‘happy days are here again,'” Cramer said on “Squawk on the Street.” “It’s just not going
For the second time in 12 years, the U.S. economy and financial markets are facing an unexpected crisis of uncertain proportions. While the 2008 financial crisis and the current coronavirus pandemic are very different in character, both have produced extraordinary volatility in financial markets. Both downturns have also presented major challenges for financial advisors as they
alphaspirit | Getty Images Your $1,200 stimulus check could have been garnished if you owe past debts. A group of senators is looking to put a stop to that. But because millions of stimulus checks have already gone out, it could be too late for some. Congress authorized the one-time payments when it passed the
Jet Metier in Sea of Cortez, Mexico Chuck Bolotin If I had a big factory in Mexico or if I even aspired to have a big factory in Mexico, I would be doing my research right now to find out which American manufacturers did the most manufacturing in China. And then, I would make an
State and local governments need federal funding for K-12 education. Otherwise, severe budget cuts will damage the economy, undermine our long-term prosperity, and increase inequality and discrimination. Striking teachers are joined by parents and students on the picket line outside Dahlia Heights … [+] Elementary School in the Eagle Rock section of Los Angeles, California on
Landlords are offering more sub-six-month leases in response to economic uncertainty. Getty As uncertainty rules in real estate, one segment that has been seeing growth is the market for short-term rentals. Landlords in New York City and across the country are offering more flexible rental options in response to demand from renters facing unclear economic
The Italian national aerobatic team, the Frecce Tricolore, flies over the Piazza Duomo of Milan on May 25, 2020 in Milan, Italy. Restaurants, bars, cafes, hairdressers and other shops have reopened, subject to social distancing measures, after more than two months of a nationwide lockdown meant to curb the spread of Covid-19. Pietro D’Aprano Italians
An empty road leads into a deserted Disney resort after it was closed due to the COVID-19 pandemic in Kissimmee, Florida on May 5, 2020. Daniel Slim | AFP | Getty Images Check out the companies making headlines after the bell. Tractor Supply Company — The farm supplies retailer’s stock shot up 7% in extended
Whether unemployed or still working, many Americans are looking for extra funds during the coronavirus pandemic. About 14% of those with retirement savings have taken money from accounts such as 401(k)s and individual retirement accounts to meet that need. Another 13% of those with savings say they’re planning to make use of their retirement funds.
The SpaceX Crew Dragon spacecraft for Demo-2 inside the company’s hangar at NASA’s Kennedy Space Center. SpaceX SpaceX is set for its most important milestone yet, in a launch that may well define the future of the U.S. space program. Elon Musk’s company plans to launch a pair of NASA astronauts on Wednesday — the
Certain jobs and industries are benefiting from enhanced unemployment pay more than others — and have the most to gain from an extension of benefits. Workers in lower-paying sectors of the economy, such as accommodation and food services, benefit more from the unemployment increase than those in finance and insurance that pay workers better. And the difference
TOPLINE As the Securities and Exchange Commission (SEC) cracks down on financial misconduct related to the coronavirus pandemic—from insider trading and misuse of federal funds to advertising fake cures and price gouging on medical supplies, the agency is seeing a surge in tips and whistleblower complaints, according to Reuters. An increasing number of whistleblowers and
Businesses need to evaluate insurance coverage and decide whether to file a claim for losses arising … [+] from Covid-19. Getty Contrary to what you may think, your company’s insurance policy may cover pandemic-related losses. Most commercial property insurance policies include what’s broadly referred to as “business interruption coverage.” Right now every business wants to
TOPLINE In New York City, the global epicenter of the coronavirus pandemic, homeowners are not putting their homes on the market: new sales inventory has hit a significant low during the months of lockdown as validated by real estate platforms Zillow, StreetEasy, local and suburban brokers and a moving company. Brownstone facades and row houses
House Democrats want Treasury Secretary Steven Mnuchin to explain why airlines are getting away with cutting workers’ hours after they received portions of $25 billion in government coronavirus relief funds aimed at maintaining worker payroll. The lawmakers also want Mnuchin to explain whether he told the airlines they were permitted to cut the hours. Airlines,
U.S. stock futures were flat in overnight trading, as investors juggled optimism about the reopening of the economy and a possible coronavirus vaccine as well as concerns about U.S.-China tensions. Recent hopes for a return to normal consumer habits has pushed the Dow Jones Industrial Average and S&P 500 to briefly touch key market levels
Growing up, Elon Musk read plenty of books but was especially inspired by science fiction. The genre motivated him to create “cleaner energy technology or [build] spaceships to extend the human species’s reach” in the future, according to the book “Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future” by Ashlee Vance. With these goals in mind, Musk
JP Morgan Chase & Co. Chairman & Chief Executive Officer Jamie Dimon testifies before the House Financial Services Committee on accountability for megabanks in the Rayburn House Office Building on Capitol Hill in Washington, DC on April 10, 2019. Mandel Ngan | AFP | Getty Images JPMorgan Chase shares rose Tuesday after CEO Jamie Dimon called the
- « Previous Page
- 1
- …
- 4
- 5
- 6
- 7
- 8
- …
- 39
- Next Page »