Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo on Thursday reported fourth-quarter earnings that topped estimates, fueled by pandemic snacking and higher sales of drinks like Gatorade Zero and Bubly sparkling water. On the heels of the strong quarter, the Frito-Lay owner said that
Month: February 2021
Chesnot | Getty Images Bitcoin’s price soared past the $48,000 level for a second time this week, hitting a fresh all-time high as Bank of New York Mellon said it would provide custody services for digital assets. The world’s most valuable cryptocurrency hit an intraday record of $48,297 at roughly 8:30 a.m. ET on Thursday,
It’s often said that remote workers can work from anywhere where there’s an internet connection. But tell that to someone who wants to live and work in Bangkok or Bali right now. The coronavirus pandemic has pushed millions of workers from their offices into their homes — and many have decided they want to change
The Bank of New York Mellon on Wall Street, New York. Scott Mlyn | CNBC Bank of New York Mellon, the nation’s oldest bank, said Thursday that it will begin financing bitcoin and other digital currencies. The custody bank will eventually allow digital currencies to pass through the same financial network it currently uses for
Prot Tachapanit | iStock | Getty Images Money matters are often at the heart of divorce squabbles, for better or worse. If you happen to be in the midst of splitting from your spouse or are considering it, be aware that aside from the price tag of divorce — the median is $7,500, per legal
Courtney Senechal, RN, prepares to give the second Moderna vaccine shot for Covid-19, at the East Boston Neighborhood Health Center in Boston on Jan. 19, 2021. Jonathan Wiggs | Boston Globe | Getty Images Barely more than one in five small business owners (22%) will require their employees to get Covid-19 vaccines when they become
Did you take a break from required minimum distributions (RMDs) in 2020? Thanks to the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which suspended RMDs for 2020, you did not have to take RMDs from your traditional IRAs (individual retirement accounts) and other tax-deferred accounts last year. (Roth IRAs do not require RMDs during
Economic Security Planning, Inc. Today’s column addresses questions about how continuing income can potentially increase benefit rates, whether delaying the last six months before turning 70 would really be worth it and what happens to Social Security disability benefits approaching full retirement age. Larry Kotlikoff is a Professor of Economics at Boston University and the
Managing Partner, Evergreen Property Partners. Top 10 Family Office RE Professional, Top 30 Family Office RE Investor, Harvard Graduate. getty Multifamily properties have long been a favorite investment of family offices. Though multifamily properties have been generally doing quite well during the pandemic, as I have mentioned in other articles I’ve written, a lot of that
A box containing vials of the AstraZeneca Covid-19 vaccine is pictured at the Foch hospital in Suresnes, on February 6, 2021, on the start of a vaccination campaign for health workers with the AstraZeneca/Oxford vaccine. Alain Jocard | AFP | Getty Images AstraZeneca has reported a 10% rise in product sales for 2020, a year
Products are displayed in an Under Armour store in New York City, November 4, 2019. Brendan McDermid | Reuters Under Armour on Wednesday reported a surprise profit for the holiday quarter as sales were boosted by strong digital growth. The sneaker maker also offered an initial outlook for 2021. It expects sales to rise in
The red hot SPAC market is getting even hotter in 2021, raising concerns about rampant speculation detached from reason that could leave retail investors fresh off the GameStop bust holding the bag. Not only are special purpose acquisition companies raising a record level of capital — more than $30 billion so far for its biggest
Whitney Wolfe Herd speaks onstage during the Fortune Most Powerful Women Next Gen conference at Monarch Beach Resort on November 13, 2017 in Dana Point, California. Joe Scarnici | Getty Images Entertainment When 31-year-old Bumble CEO Whitney Wolfe Herd takes her company public this week, she will be noted not only for her youth but
Getting America’s workforce vaccinated will go a long way toward helping the country reach herd immunity. Instacart, Target, Trader Joe’s, McDonald’s and Dollar General are among a growing list of companies giving workers time off and extra money to get vaccinated for Covid-19. Others, including Amazon, Uber and DoorDash, are going a step further by lobbying state officials to secure
getty It is not a surprise — not to me, anyway — that the “Covid relief” bill, or, strictly speaking the first half of such, released by the House yesterday, to be passed under the terms of reconciliation, includes substantial provisions related to multi-employer pensions. I did, after all, predict as much as soon as
SAN FRANCISCO, CA – FEB. 8: Minerva Pacheco (center) and her children Brian Martinez Pacheco, 7 … [+] (left) Daniel Martinez Pacheco, 8, (right), and daughter Iris Martinez Pacheco, 11, at their home. (Gabrielle Lurie/The San Francisco Chronicle via Getty Images) Hearst Newspapers via Getty Images The plan to expand the Child Tax Credit (CTC)
CEO & Owner of All Storage and commercial real estate investor and developer, specializing in retail, office space and senior housing. getty Even if you’re new to real estate investing, you’ve probably seen the success stories touted on social media. Real estate entrepreneurs with private jets boasting a glamorous lifestyle and “guaranteed returns.” Newbie investors extolling the
The holiday shopping season produced the best end-of-the-year quarter for Mattel in more than a dozen years after toy sales increased by double digits, outpacing the industry, CEO Ynon Kreiz told CNBC’s Jim Cramer Wednesday. In its fourth-quarter report released after Tuesday’s close, Mattel posted $1.6 billion in sales, up 10% from the year-ago quarter.
A delivery truck driver unloads Coca-Cola Co. soft drinks in Lawrenceburg, Kentucky, U.S., on Monday, Feb. 10, 2020. Luke Sharrett | Bloomberg | Getty Images Coca-Cola is expected to announce its fourth-quarter earnings before the bell Wednesday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: 42 cents expected Revenue: $8.63
U.S. stock index futures moved higher during overnight trading on Wednesday as stocks looked to build on February’s momentum. Futures contracts tied to the Dow gained 34 points, or 0.09%. S&P 500 futures and Nasdaq 100 futures rose 0.06% and 0.07%, respectively. The move comes after the Dow advanced 63 points during regular trading hours
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