A worker passes a line of freezers holding coronavirus disease (COVID-19) vaccine candidate BNT162b2 at a Pfizer facility in Puurs, Belgium in an undated photograph. Pfizer | via Reuters The U.K. became the first country in the world to authorize the Pfizer/BioNTech coronavirus vaccine, making it available from next week. “The Government has today accepted
Month: December 2020
Antonio Neri, President and CEO of Hewlett Packard Enterprise. Anjali Sundaram | CNBC Hewlett Packard Enterprise is the latest tech company to shift its focus away from Silicon Valley, announcing Tuesday that it will relocate its headquarters from San Jose, California, to Houston, Texas. “HPE’s largest U.S. employment hub, Houston is an attractive market to
It may be a good time to lock in market gains for the year. Credit Suisse’s Jonathan Golub believes the latest all-time highs will run into trouble this month. “If you’re somebody who just came into a boatload of money … perhaps [wait] until after inauguration,” the firm’s chief U.S. equity strategist told CNBC’s “Trading
Many charities have seen a surge in donations since the coronavirus crisis began. Now, on Giving Tuesday, pandemic-related nonprofits could get an unprecedented extra bump. Charitable donations generally get a big boost on “Giving Tuesday,” a single day specifically focused on charity in the shopping-heavy week after Thanksgiving. Last year, the #GivingTuesday effort raised nearly $2
PixelsEffect | E+ | Getty Images In between the small gatherings of close family this holiday season, there may be more quiet moments and time for reflection than usual. For financial advisors, this can be a time to pause and think about the lessons we have learned in 2020. As I started to think about
Overdraft fees are at all-time highs amid the pandemic. Ivan-balvan | iStock | Getty Images When the coronavirus pandemic brought American life to a halt in mid-March, Erin Madden was furloughed from her job as a bartender at Hollywood Burbank Airport in California. Difficulty finding new work and a delay in her unemployment benefits caused
BOSTON, MA – SEPTEMBER 2: A Care partner helps a resident during lunch at an assisted living … [+] facility. (Photo by Craig F. Walker/The Boston Globe via Getty Images) Boston Globe via Getty Images The statistics simply are staggering. More than 728,000 residents and staff of long-term care facilities have contracted covid-19 over the
Eric is a real estate investor and founder of MartelTurnkey. MartelTurnkey sells rental properties to investors looking for passive income. getty It’s undeniable that Covid-19 has had a massive impact on the world, not to mention thousands of industries. One of the most notable affected has been real estate, as people across the world struggle to
Grover Cleveland at Desk (Photo by Library of Congress/Corbis/VCG via Getty Images) Corbis/VCG via Getty Images No matter how you voted in the presidential election, Grover Cleveland should be your guy this month. If you’re a disappointed Trump supporter, take solace in Cleveland’s singular achievement: He is the only American president to serve two nonconsecutive terms. We tend to think
The Sephora shops will be about 2,500 square feet in size, offering the same services found at Sephora today, staffed by Sephora employees, and located at the front entrance of Kohl’s. Source: Kohl’s Sephora will open hundreds of beauty shops inside Kohl’s stores in coming years in a deal that rivals Target‘s recent partnership with
Salesforce shares moved 4% lower in extended trading on Tuesday after the enterprise software maker reported fiscal third-quarter earnings that exceeded analysts’ expectations. Here’s how the company did: Earnings: $1.15 cents per share, adjusted, vs. 75 cents per share as expected by analysts, according to Refinitiv. Revenue: $5.42 billion, vs. $5.25 billion as expected by
U.S. stock futures fell in overnight trading on Tuesday, despite recent strength that has brought the major averages to record highs. Dow futures fell about 120 points. S&P 500 futures fell 0.2% and Nasdaq 100 futures lost 0.1%. Dow component Salesforce announced it is acquiring messaging platform Slack for $27.7 billion after the bell on
SoulCycle announced Tuesday that Evelyn Webster will take over the role of chief executive officer in mid-December, the company told CNBC Make It. The announcement comes 12 months after Melanie Welan resigned from her position as CEO on Nov. 26, 2019, citing the need for new leadership. Sunder Reddy, SoulCycle’s chief financial officer since 2017,
Covid-related growth rates are spiking. And it’s not just the virus. A few months ago, The Wall Street Journal reported that retail-investing volumes had climbed 30% on a year-over-year in the first half of 2020 to nearly 20% of all trades. One young client commented that “everyone and his uncle is trading their accounts constantly.”
Sen. Mitt Romney (R-Utah) speaks as bipartisan members of the Senate and House gather to announce a framework for fresh coronavirus relief legislation at a news conference on Capitol Hill on Dec. 1, 2020. Kevin Lemarque | Reuters Senate Majority Leader Mitch McConnell, R-Ky., quashed a new Covid-19 rescue bill hours after it was proposed
Jacalyn Shirley, with two of her three kids, is struggling to stay afloat during the pandemic. Jacalyn Shirley Single mom Jacalyn Shirley feels like she is constantly treading water. When the coronavirus pandemic hit in the spring, the 36-year-old was suddenly faced with three children at home and virtual schooling. Then in May, she lost
Economic Security Planning, Inc. Today’s column addresses questions about applying for spousal benefits only while delaying retirement benefits, when someone can become eligible for retirement benefits and how filing for widow’s benefits at 60 affects the amount of the benefit. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
Kenny Kane is the Chief Operating Officer at Firmspace. getty As my family begins to plan our own modified holiday celebrations for winter, I’ve been thinking about how to make this holiday season special for my team, even as old modes of connection are limited. Professionals — especially those who work independently or run small real
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 Fewer holiday shoppers bought gifts during the five-day holiday shopping period from Black Friday to Cyber Monday and those who did spent less as the sales season started early
Nasdaq is pushing for greater diversity among the more than 3,000 companies listed on its exchange. Nasdaq filed a proposal Tuesday with the Securities and Exchange Commission asking the regulatory body to adopt new listing rules surrounding the makeup of companies’ board of directors, as well as greater transparency around who fills the seats in