In an aerial view, the Royal Caribbean Freedom of the Seas (L) prepares to set sail from Port Miami during the first U.S. trial cruise testing COVID-19 protocols on June 20, 2021 in Miami, Florida. Joe Raedle | Getty Images Royal Caribbean Cruises shares fell more than 4% Friday after six passengers on board its
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Technicians work in the assembly line of German carmaker Volkswagen’s electric ID. 3 car in Dresden, Germany, June 8, 2021. Matthias Rietschel | Reuters Volkswagen posted record first-half earnings on Thursday while also raising its target for profit margin. The results are a marked improvement from the same period last year when demand was ravaged
Varda co-founders Delian Asparouhov, left, and Will Bruey. Varda Space Industries Varda Space Industries, a start-up founded less than a year ago by a pair with experience at Elon Musk’s SpaceX and Peter Thiel’s Founders Fund, has now raised more than $50 million as it works toward its first mission in the first quarter of
As the delta variant drives new Covid cases across country, the pandemic’s economic impact continues to weigh heavily on college enrollment. Now, with another class of undergraduates set to start classes in the fall, families are once again struggling with the cost. Nearly two-thirds of parents, or 63%, said their child’s post-high school plans have
The past 15 months haven’t been easy for anyone, but older workers experienced a unique set of circumstances that increase their risk of financial challenges in retirement. As the American population continues to age, the outcomes of those in the workforce age 55 and older must be front-and-center in the minds of policymakers in charting
As lumber prices hit dramatic highs last Spring, homebuilders and developers held their breath, with many opting to delay construction on new projects until prices abated. The roller-coaster prices hit both large national entry-level builders and custom luxury home developers building on speculation. Lumber prices have since come back to earth—according to Fortune, lumber prices have
A exterior view of the Palace Theatre at the opening night of “West Side Story” on Broadway at the Palace Theatre on March 19, 2009 in New York City. Neilson Barnard | Getty Images Entertainment | Getty Images If you want to attend a live performance in New York, get ready to show proof you
The Shell logo is displayed in front of a Shell gas station on July 30, 2020 in San Rafael, California. Royal Dutch Shell reported second quarter adjusted earnings of $638 million compared to a net profit of $3.5 billion one year earlier. Justin Sullivan | Getty Images LONDON — Oil giant Royal Dutch Shell on
Shares of Robinhood hovered near its opening price of $38 per share on Thursday, after slipping as much as 10% during its Nasdaq debut. The online brokerage started trading on the Nasdaq at $38 per share, the low end of its range, valuing the company at roughly $32 billion. After dropping to $35, Robinhood’s market capitalization
In this article HOOD Robinhood CEO and co-founder Vlad Tenev on Thursday defended retail clients who invest in so-called meme stocks, saying the phenomenon gives embattled companies access to capital they otherwise wouldn’t have. “I think it’s a real thing. There’s customers that love these companies, they want them to thrive,” Tenev told CNBC’s Andrew
teekid | E+ | Getty Images Although the national ban on evictions that’s been in effect for almost a year will expire tomorrow, there’s still time for struggling renters to apply for federal aid. Congress has allocated more than $45 billion in rental assistance to address the crisis, and only a sliver of the money
Henry David Thoreau was a supremely efficient tax protester. Measured in terms of social impact per unit of personal sacrifice, he managed something remarkable 175 years ago, when he was jailed — briefly, but significantly — for refusing to pay his taxes in Concord, Massachusetts. On July 23, 1846, Thoreau was walking from his rustic
As people age, a top priority is remaining independent and healthy enough to keep living on their own. So what’s the financial pathway to making that happen? Through the years, most of us make financial mistakes that we recover from. But here, we want to talk about one big bungle many people make that does have lasting effects: spending money from their retirement accounts before they retire. Sometimes, as we all know life happens, hardship hits, and you
Making a living as an artist today isn’t easy. Financial success is extremely rare. Merchandise and collaborations are two of the best ways to spread brand awareness and establish a loyal customer base. And no one has mastered this quite the way Instagram’s “Candy Artist” Robyn Blair Davidson aka by robynblair has. One of Davidson’s
In this article YUM Signage is displayed outside a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, U.S., on Thursday, Jan. 30, 2020. Luke Sharrett | Bloomberg | Getty Images Yum Brands on Thursday reported quarterly earnings and revenue that topped analyst predictions as same-store sales grew at all
Alexander Spatari | Moment | Getty Images You’ll probably have to use cryptocurrency to pay off that ransomware hacker who froze your laptop, but where else might you put all your bitcoin, ethereum and other digital coins to actual use? Tesla may still be unsure about accepting bitcoin for its electric vehicles again, yet cryptocurrency
Investors watch the stock market in a securities business hall in Fuyang City, Anhui province, China, Dec. 31, 2020. Costfoto | Barcroft Media | Getty Images BEIJING — Investors bought into Chinese stocks in the last week, despite mounting concerns about harsh regulation, according to fund research firm EPFR Global. A slew of new Chinese
People exit the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., May 12, 2021. Andrew Kelly | Reuters The Securities and Exchange Commission said Friday it will require additional disclosures from Chinese companies seeking a listing on U.S. stock exchanges, following Beijing’s intensified crackdown on oversea share issuance. “In light of the
In this article Rauf Karimov | iStock | Getty Images With the national eviction ban expiring today, Leopold expects he and his wife, Vivia, and their six young children, will be forced out of their home in Deerfield Beach, Florida, where they’ve lived for the past three years. They’re one of millions of families in
By Richard Eisenberg, Next Avenue Editor A headline on Stanford University Business School’s Insights site caught my eye recently: “Workplace Equality for All! (Unless They’re Old).” The piece described fascinating research by NYU’s Michael North and Stanford’s Ashley Martin which found that workers who openly oppose racism and sexism were still prejudiced against older workers. As