Tesla Chairman and CEO Elon Musk unveils the new ‘Semi’ electric Truck to buyers and journalists on November 16, 2017 in Hawthorne, California, near Los Angeles. Veronique Dupont | AFP | Getty Images SpaceX is working on an antenna that will connect vehicles like semi-trucks and RVs to its satellite internet network, CEO Elon Musk
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Investor Alexis Ohanian, co-founder of Reddit and husband to tennis legend Serena Williams, is among the latest of high-profile names to support NFTs, or non-fungible tokens. “I’ve invested big in women’s sports, but the rise of NFTs and trading card boom is going to be HUGE for women’s sports,” Ohanian tweeted on Saturday. “Save this
Getty Images Hiring in the U.S. increased in February — and the unemployment rate ticked down slightly — but not all workers benefited from the larger-than-expected job growth. The unemployment rate is still significantly higher than February 2020, before the Covid-19 pandemic began. And some workers are no longer counted as unemployed. “Over the same
By Erin Flynn Jay, Next Avenue Amy Renz got a PPP loan but thought she wouldn’t qualify this time Amy Renz The Biden administration is offering a lifeline to small-business owners who’ve been struggling to stay afloat during the pandemic and the aid can be especially helpful to some with home businesses. The need is
The Senate approved a COVID relief bill on Saturday, with the House expected to approve the bill Tuesday this week. While the original House bill looked to extend additional unemployment aid of $400 per week until September, a last-minute change in order to secure West Virginia Senator Joe Manchin’s support decreased the benefit to $300 per
Maggie Hardy Knox, President of 84 Lumber Tom M Johnson Photograpy People are often surprised to hear about women working in the construction field. I’ve been writing about construction for over 20 years and I still see very amazed looks on people’s faces when I tell them my topic is construction. So, people may be
Things are looking up for the domestic box office. In recent months, ticket sales have been accelerating, a sign that moviegoers are ready to return to theaters. Encouraged by the trend, some studios have moved up release dates. Over the weekend, ticket sales reached an estimated $25 million, which would be the best showing since
andresr | E+ | Getty Images “Black Girl Magic” is a movement that was popularized by CaShawn Thompson in 2013. The idea, born as a way to celebrate the beauty, power and resilience of Black women, caught on quickly. How could it not, since we have witnessed incredible contributions of Black women to American culture (actress
Cathy Wood Crystal Mercedes | CNBC Ark Investment Management founder and CEO Cathie Wood said she is not worried about the recent drop in her funds and that the bull market is simply broadening out to include more strategies like value. The hot handed investor added that over time her disruptive strategy will pay off,
A Starlink user terminal being set up. SpaceX SpaceX wants to begin connecting moving vehicles – from cars and trucks to jets and ships – to its Starlink satellite internet network, according to a request the company filed with the Federal Communications Commission. “This application would serve the public interest by authorizing a new class
Rosamund Pike accepts the Best Actress in a Motion Picture, Musical/Comedy, award for “I Care a Lot” via video from Ben Stiller at the 78th Annual Golden Globe Awards on Feb. 28, 2021 in New York. Peter Kramer/NBC | NBCUniversal | Getty Images The Netflix movie “I Care A Lot” provides insight on how to
The Internal Revenue Service building in Washington. SAUL LOEB/AFP via Getty Images The $1.9 trillion American Rescue Plan has inadvertently created a conundrum for the unemployed this tax season. The pandemic aid measure, which passed the Senate on Saturday, offers $1,400 stimulus checks and waives federal taxes on a portion of unemployment benefits received last
The Employee Retention Credit (ERC) is a tax credit first put in place last year as a temporary coronavirus-relief provision to assist businesses in keeping employees on payroll. Since then, the ERC has been significantly expanded – and in the most recent relief bill that will be sent to President Biden for signature – the ERC
The modern mountain home on Glen Lake in Eureka, Montana, is listed for $1,999,000. National Parks Realty Fresh mountain air and proximity to the slopes are top of mind in the latest look at luxury real estate worldwide. From a lakeside home in Montana to a modern mountain retreat in Northern California to a traditional
Vials of Johnson & Johnson’s Janssen coronavirus disease (COVID-19) vaccine Johnson & Johnson via Reuters Detroit Mayor Mike Duggan rejected an initial allotment of the single-shot Johnson & Johnson Covid-19 vaccine this week, according to the Michigan state health department. At a press briefing Thursday, Duggan confirmed he declined this week’s allocation of J&J vaccines
Investors may want to hold on even tighter. Moody’s Analytics Mark Zandi believes Wall Street is significantly underestimating the seriousness of an inflation comeback, and he warns it will affect every corner of the market — from big tech to cyclical trades. “Inflationary pressures will develop very quickly,” the firm’s chief economist told CNBC’s “Trading
Amid the coronavirus pandemic, many flights are canceled at Orlando International Airport in Florida on March 24, 2020. Stephen M. Dowell | Orlando Sentinel | Getty Images One year ago, I booked round-trip tickets on Frontier Airlines for a vacation in Florida. When the coronavirus outbreak grounded our plans, I was issued a voucher —
The Starling Bank banking app on a smartphone. Adrian Dennis | AFP via Getty Images LONDON — Starling Bank, a digital-only challenger bank in the U.K., said Monday that it’s raised £272 million ($376 million) in an investment round. The fresh cash injection, led by Fidelity Investments, values Starling at £1.1 billion, or $1.5 billion.
National Basketball Association commissioner Adam Silver is supportive of the new high school league that pays young players at least $100,000. Silver spoke to media this weekend to provide his annual update on the NBA, a day before it hosts the 2021 All-Star game in Atlanta. The NBA boss discussed media company Overtime’s new basketball
Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock futures jumped on Sunday evening as a new stimulus package from Washington headed toward final passage this week. Futures contracts tied to the Dow Jones Industrial Average jumped 219 points, or 0.7%. Those for the S&P 500 and the Nasdaq 100