Jeff Bezos announces Blue Moon, a lunar landing vehicle for the Moon, during a Blue Origin event in Washington, DC, May 9, 2019. Saul Loeb | AFP | Getty Images Amazon and Blue Origin founder Jeff Bezos gave more insight into his space company’s lunar plans on Wednesday, explaining how its spacecraft will eventually be
Month: June 2019
Shantanu Narayen, CEO, Adobe Mark Neuling | CNBC Adobe shares rose more than 3% after hours on Tuesday after the company announced better-than-expected earnings for the second quarter of its 2019 fiscal year, which ended on May 31, and lighter-than-expected guidance. Here are the key numbers: Earnings: $1.83 per share, excluding certain items, vs. $1.78
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut. “I think they’re fully planning on cutting in July, absent stronger data,” said Ed Keon, QMA chief investment strategist. “The market liked it now, but it’s important to keep in mind, rate cuts
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images Traders are convinced the Federal Reserve will cut rates next month. The fed funds futures market is now pointing to a 100% chance of an easing of monetary policy next month — a 67% chance of
Julie Thurston | Getty Images Lawmakers are taking steps to renew a package of tax breaks, potentially making a slew of expired deductions available once more. The so-called tax extenders are a series of temporary provisions in the code that have expired and must be cleared by Congress retroactively each year in order for filers
Researchers at the National Institute on Aging (NIA) want to know how some older adults retain their youthful thinking and memory abilities despite the evidence of neurodegeneration or Alzheimer’s-related pathology in the brain. And they’ve created a way they hope will help them find out. But they need the input of scientists, health care professionals and others to do it.
Home equity lines of credit – also known as HELOCs – are favored by many homeowners because they give you the flexibility to borrow money when you need it. However, they also have a downside. During the repayment period, your monthly payments can often raise dramatically, causing some homeowners to have sticker shock. If that
Most people spend too much time worrying about things they can’t control or influence and not enough time on factors over which they have some influence. When considering retirement plans, many people think first about the investment markets, the future of Social Security and what Congress will do about taxes. They can’t influence any of
Missouri Attorney General Josh Hawley. John Sleezer | Kansas City Star | TNS | Getty Images Tech trade organizations on Wednesday lashed back at a newly proposed bill by Sen. Josh Hawley, R-Mo., that would fundamentally alter the business models of tech companies like Facebook, Twitter and Google’s YouTube. The new bill, titled the Ending
Operations at U.S. Steel Source: United States Steel Corporation United States Steel on Tuesday said it would idle two blast furnaces in the United States and a third in Europe, as lower steel prices and softening demand led the steel producer to forecast current-quarter earnings below the Wall Street estimates. Steel producers in the United
Judy Shelton, U.S. executive director for the European Bank for Reconstruction and Development, speaks during an interview in Washington, D.C., U.S., on Wednesday, May 29, 2019. Bloomberg | Bloomberg | Getty Images One of President Donald Trump’s possible picks for the open seats on the Federal Reserve board said in an interview that, if appointed,
The Netflix logo as seen on a smartphone SOPA Images | Getty Images Emerging competitors in the streaming space pose a risk for Netflix as consumers are forced to decide which streaming subscription to call their own, according to Baird. Competition is growing for Netflix. Direct competitors like Amazon‘s Prime Video and Hulu remain a
Feverpitched | iStock | Getty Images No two retirements look the same. But there is one thing all individuals face in their golden years: high health-care costs. Medicare beneficiaries will need as much as $400,000 for health expenses per couple, according to 2018 research from the Employee Benefit Research Institute. That is up from $370,000
A pedestrian walks past the Federal Reserve building on Constitution Avenue in Washington, March 19, 2019. Leah Millis | Reuters The Federal Reserve‘s decision Wednesday to keep interest rates steady came as a relief to many. And rightfully so. After the Fed raised the federal funds rate nine times in three years, with the last
The Statue of Mercury stands in front of the MetLife Building in New York, U.S., on Tuesday, Oct. 31, 2017. MetLife Inc. is scheduled to release earnings figures on November 1. Photographer: Michael Nagle/Bloomberg © 2017 Bloomberg Finance LP When a family loses a loved one, it faces a litany of immediate tasks such as
Residence 2646 is asking $34 million Mikiko Kikuyama This 8,500 square foot new build in San Francisco follows in the wellness footsteps of its predecessor—a $45 million home in Russian Hill by the same developers (Troon Pacific)—with a similar air filtration system that completes a whole-house air change every two to three hours, ventilation outlets in the
Getty I can tell from the letters piling up on my desk: it’s officially correspondence season! Correspondence season is the term that tax professionals use to describe the period after tax season officially ends. Many taxpayers think that the Internal Revenue Service (IRS) takes a break just after tax season, but that’s not the case.
In leadership, there is no straightforward formula to becoming the ideal boss. Some employees look for someone that they can look up to who is also approachable, while others expect tenacity and a passion for delivering the best results. Whatever that may be, 10 chief executives have been recognized by Glassdoor as being highly-admired by
In this photo illustration, a visual representation of a cryptocurrency sits on display in front of a Facebook logo. Chesnot | Getty Images Facebook unveiled its Libra cryptocurrency on Tuesday, and it didn’t go unnoticed by European officials. Hours after the company announced its crypto ambitions, French Finance Minister Bruno Le Maire poured cold water
Businesses in Hong Kong may be moving out amid political uncertainty and massive protests in the city, members of the business community told CNBC. But one analyst said Hong Kong still holds an advantage over its rivals — its proximity to the mainland. “The real concern here, which we’ve seen slight signs of, is that
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