[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Wednesday to the House Financial Services Committee in the first of two days on Capitol Hill where he will be testifying on monetary policy.
Month: June 2023
Between his own business success and his investments in hundreds of startups, Mark Cuban knows what it takes to be highly successful. There’s one trait you should cultivate above all others if you want to be successful too, he says. “The one thing in life you can control is your effort,” Cuban, 64, recently said
Grashalex | Istock | Getty Images I started working on Wall Street in the late 1990s, and it was the heyday of the initial public offering fever. Those IPOs peaked in 2020. To that point, there were 480 IPOs on the U.S. stock market in 2020, which was an all-time record. This was 106.9% more
More than half of Tal Thompson’s 46 employees are teenagers. The owner of the Art Factory in Midlothian, Virginia, said this summer, more than ever, she’s been inundated with applications from high school and college students looking for work. The pay for jobs at the studio and coffee shop, which hosts art classes, summer camps,
Many of the nation’s bigger cities confront a surplus of aging Class B and C office buildings. They also suffer from a deficit of affordable apartments. The solution would seem obvious. Convert obsolete, empty office structures to needed housing, achieving a more environmentally respectful solution than building apartments from scratch. Murphy’s law being what it
In this article PFE MRNA NVAX Follow your favorite stocksCREATE FREE ACCOUNT A pharmacist prepares to administer Covid-19 vaccine booster shots during an event hosted by the Chicago Department of Public Health at the Southwest Senior Center in Chicago, Illinois, Sept. 9, 2022. Scott Olson | Getty Images The U.S. Food and Drug Administration‘s Covid
Ole Kaällenius (front, r), CEO of Mercedes, signs a memorandum of understanding on cooperation on June 20, 2023, alongside Zhimin Qian (front, l), Chairman of the State Power Investment Corporation, in front of Li Qiang (back, l), Premier of the People’s Republic of China, and German Chancellor Olaf Scholz (SPD, back, r). Picture Alliance |
Daniel Grill | Tetra Images | Getty Images The start of the year was plagued by waves of layoffs: through the end of May, companies announced plans to cut 417,500 jobs, up 315% from the same period last year, according to Challenger, Gray & Christmas. Big names like Disney, Google, Lyft and Meta were among
Medicare Advantage PPO (preferred provider organization) plans give members the flexibility to choose physicians, so they have coverage wherever they go within the United States or its territories. Even though non-contracted physicians don’t have to see every member (except in emergencies) and out-of-network services can cost more, PPO plans are a popular option, making up
“Man cave (noun): a room or space (as in a basement) designed according to the taste of the man of the house to be used as his personal area for hobbies and leisure activities,” explains MerriamWebster.com. Teddy Roosevelt had one filled with hunting trophies. Winston Churchill’s was an art studio where he enjoyed painting, and
In this article NOVO.B-DK Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, boxes of the diabetes drug Ozempic rest on a pharmacy counter on April 17, 2023 in Los Angeles, California. Mario Tama | Getty Images Novo Nordisk on Tuesday sued five medical spas and wellness clinics for allegedly selling cheaper, unauthorized versions
US Secretary of State Antony Blinken (L) meets with China’s President Xi Jinping (R) at the Great Hall of the People in Beijing on June 19, 2023. Leah Millis | Afp | Getty Images BEIJING — Secretary of State Antony Blinken underscored the importance of the economic aspects of the bilateral U.S.-China relationship during his
Erin M. Collins, National Taxpayer Advocate. Source: IRS After a flood of business returns with a pandemic-era tax credit, the IRS is weighing guidance for those who wrongly claimed the tax break. The employee retention credit was created to support small businesses during the Covid-19 pandemic. There’s still time to amend returns and claim the
Share to Facebook Share to Twitter Share to Linkedin After months of speculation, Hunter Biden, the son of President Joe Biden, has been charged with tax and gun charges. According to court documents, he is expected to plead guilty to two misdemeanor tax charges as part of a plea deal. In a letter filed in
Why is it so hard for people in their 60s, 70s and even 80s to admit they are changing with age? Believe me, I hate “ageism” as much as the next person, but fighting ageism doesn’t need to be synonymous with denial of the reality of aging, especially by those who have crossed the age
Owning a second home or vacation property can sound enticing. But it can also be very expensive, both in terms of time and money. There are also hidden costs associated with owning a second home. For some individuals and families, buying a vacation home makes a lot of sense. It’s comfortably affordable and the home
In this article LLY DICE Follow your favorite stocksCREATE FREE ACCOUNT David Ricks, CEO, Eli Lilly Scott Mlyn | CNBC Eli Lilly on Tuesday said it struck a $2.4 billion deal to acquire Dice Therapeutics in a bid to bulk up its treatment portfolio for immune-related diseases. Eli Lilly will pay $48 per share in
In this article RIVN GS CAR XOM NKE DICE BABA Follow your favorite stocksCREATE FREE ACCOUNT Signage outside Intel headquarters in Santa Clara, California, on Monday, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Goldman Sachs — Shares declined 2.2% in midday trading.
Viktorcvetkovic | Istock | Getty Images Over the three-year-long pause on student loan payments, the U.S. Department of Education has repeatedly told borrowers their bills were set to resume, only to take it back and provide them more time. This time, however, the agency really means it. The Education Department posted on its website that
Despite U.S. lawmakers’ eagerness to pass final judgment on the 2017 Tax Cuts and Jobs Act’s signature anti-base-eroding measures, it will be some time before the law’s legacy becomes clear. The Senate Finance Committee’s May 11 hearing, which the majority had planned to devote to the aggressive tax planning practices of U.S.-based pharmaceutical manufacturers, produced
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