Bottles for the Pfizer BioNTech COVID-19 vaccine are ready to be prepared before the opening of a mass vaccination site in the Queens borough of New York, February 24, 2021. Seth Wenig | Pool | Reuters Pfizer CEO Albert Bourla said Tuesday that his company has ramped up production of its two-shot coronavirus vaccine and
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U.S. stock futures were flat in overnight trading on Tuesday ahead of the first batch of corporate earnings. Dow futures rose just 10 points. S&P 500 futures gained 0.03% and Nasdaq 100 futures rose 0.02%. On Tuesday, the S&P 500 climbed 0.4% to close at a record high. Equities shrugged off the Food and Drug
“Even when we’re 6’5″ and visibly intoxicated [and] asleep in our car, they’ll make sure we can call our friends to get us home safely.” That was Alexis Ohanian’s response on Tuesday to a Twitter user’s call for transparency after Daunte Wright was fatally shot by a police officer while fleeing a traffic stop in
Luis Alvarez | DigitalVision | Getty Images Ivory Johnson was one of the many financial advisors who were forced to pivot quickly when the pandemic hit the U.S. more than a year ago. In a business that is often relationship-driven, Covid largely put a halt to in-person meetings for advisors, including Johnson. However, the shift
In this article CIK Credit Suisse bank. NurPhoto | NurPhoto | Getty Images Credit Suisse is still unraveling its positions from the blow up of Archegos Capital Management, traders told CNBC’s David Faber, putting more pressure on a beaten-down media stock. The investment bank was shopping blocks of different classes of Discovery stock on Tuesday,
Alex Wong | Getty Images News | Getty Images While the latest stimulus package and a new massive infrastructure bill are the main topics of conversation in Washington of late, President Joe Biden continues to be under mounting pressure to take action on student loan forgiveness, too. Sen. Elizabeth Warren, D-Mass., held a hearing on
PeopleImages | E+ | Getty Images Some taxpayers still need to send money to Uncle Sam this April, even though the IRS extended the tax-filing season to May 17. Those who make estimated tax payments are still on the hook for their first quarterly levy, which is due on the original tax filing deadline of
In the latest episode of Tax Notes Talk, Abdul Muheet Chowdhary of South Centre, an intergovernmental organization of developing countries, talks about how the U.N. Committee on Experts on International Cooperation in Tax Matters could be more transparent and effective for developing countries. The post has been edited for length and clarity. Nana Ama Sarfo: Abdul,
Today’s column addresses questions about how taking Social Security retirement benefits at 62 might affect spousal and survivor’s benefits, what spousal benefits can be available after a divorce and withdrawing Social Security disability benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which
There’s more executive turmoil swirling at Better.com, one of the mortgage industry’s hottest new startups, and it’s hitting just days after reports that SoftBank is investing $500 million of new funding that values the business at $6 billion. Elana Knoller, Better’s chief product officer, has been placed on administrative leave following allegations of bullying and
Johnson & Johnson COVID-19 vial and box seen at a vaccination site. Doses of the Johnson & Johnson vaccine are being administered throughout the state of Florida despite a small number of patients who have experienced adverse reactions, including blood clots. Paul Hennessy | LightRocket | Getty Images The Food and Drug Administration said Tuesday
In this article COIN The Coinbase cryptocurrency exchange application seen on the screen of an iPhone. Getty Images Bitcoin surged to a fresh record high of more than $63,000 on Tuesday, as investors awaited the highly-anticipated stock market debut of cryptocurrency exchange Coinbase. The price of bitcoin climbed 5% in the last 24 hours to
A sign is posted in front of the NVIDIA headquarters on May 10, 2018 in Santa Clara, California. Justin Sullivan/Getty Images Nvidia stock closed up 5.62% on Monday after the company announced several new products and told investors that it expected its first-quarter income to surpass previous estimates. Nvidia said revenue in its fiscal first
If you were waitlisted at your dream college, join the club. The hardest application cycle to date left more students in limbo than ever before. In addition to the number of gap-year students who already accounted for as much as a quarter of next year’s freshman class, schools were “test optional” for the first time
Ariel Skelley | The Image Bank | Getty Images With age comes increased frugality. As people reach retirement age, it’s been common practice to get rid of what you don’t need, including personal items, extra expenses and oversized, hard-to-manage properties. For years, the average American retiree has charted a predictable course through retirement, choosing smaller,
Caveat Emptor: This piece is not about the fairness of our tax system. This is a simple analysis of the proposed business tax plans in DC at the time of this piece. Draw your own conclusion about the fairness of the tax system, and who should pay what. It seems very likely tax increases will
Congress has returned to Washington after a two-week Easter vacation, and What’s Ahead explains why investors should be worried. The first thing on Congress’ plate is President Biden’s gargantuan infrastructure bill, most of which has little to do with such traditional infrastructure projects as highways and bridges. Unless changed, the legislation will hurt the economy—and,
Is it possible to create flexible and health-conscious yet unconfined residential interiors for the post-pandemic age? The architects at prolific New York City architectural firm CetraRuddy believe so. The innovative and malleable interior designs they created over the past few months are applicable not only during quarantines of the kind endured lately, but also during
In this article TGT AAPL GES A shopper browsing through secondhand clothes at a pop-up swap event in Singapore. CATHERINE LAI | AFP | Getty Images LONDON — The future of physical stores has been called into question by the coronavirus pandemic, but experts believe the key to survival will be reinvention. For some time
In this article 9988-HK A logo of Ant Group is pictured at the headquarters of the company, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. Aly Song | Reuters GUANGZHOU, China — Alibaba shares in Hong Kong jumped nearly 4% at the open on Tuesday after regulators ordered the e-commerce giant’s