The New York Stock Exchange (NYSE) stands in lower Manhattan on the first day that traders are allowed back onto the historic floor of the exchange on May 26, 2020 in New York City. Spencer Platt | Getty Images When junior bankers at Goldman Sachs complained about what they called “inhumane” working conditions in an
Month: August 2021
In this article LTC.CM= ETH.CM= BCH.CM= BTC.CM= PYPL PayPal has launched its cryptocurrency service in the U.K. PayPal LONDON — PayPal is launching its cryptocurrency service in the U.K. The U.S. online payments giant said Monday it would let British customers buy, hold and sell digital currencies, starting this week. It marks the the first
In this article TGT Pedestrians wearing protective masks walk past a Target store in New York, on Monday, Aug. 17, 2020. Jeenah Moon | Bloomberg | Getty Images Target is set to report its fiscal second-quarter earnings before the bell on Wednesday. Here’s what Wall Street is expecting, according to Refinitiv consensus estimates: Earnings per
In this article DIS Jodie Comer and Ryan Reynolds star in 20th Century Studio’s “Free Guy.” Disney A charismatic Ryan Reynolds and good word-of-mouth helped Walt Disney’s “Free Guy” stay at the top of the box office. The film added another $18.8 million domestically over the weekend, a 34% drop from its opening tally. Known
Companies today must care about shareholders, but their behavior methods and culture matter too. Employees, customers, investors and the wider public are watching companies to see how they are cultivating for long-term gain. ‘ESG’ concerns have exploded over the course of the pandemic as shareholders look to more than just the balance sheet. #moralmoney #ESG
lisegagne | E+ | Getty Images So far, two monthly payments totaling $30 billion have gone out to American families with kids through the new enhanced child tax credit benefit. For families that have eligible children but haven’t signed up — likely those that don’t traditionally file a tax return — there is still time
Shoppers walk in front of a Walmart store in San Leandro, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images As earnings season draws to a finale, investors’ eyes are focused on how the second half of 2021 will look. Be it a contagious new Covid-19 variant causing lockdowns,
In this article NVDA BJ KSS VSCO BBWI The Macy’s Inc. logo is displayed on a monitor at the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Feb. 22, 2016. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Macy’s — The retail giant saw
In this article CSCO Cisco’s Chairman and CEO Chuck Robbins. Chesnot | Getty Images News | Getty Images Cisco shares moved slightly lower in extended trading on Wednesday after the networking hardware company reported earnings that exceeded analysts’ expectations. Here’s how the company did: Earnings: 84 cents per share, adjusted, vs. 82 cents per share
In this article ZNOG Tourists crowd in to the Midway Geyser Basin on July 14, 2021 at Yellowstone National Park, Wyoming. Yellowstone is one of many national parks seeing record numbers of visitors this summer. Natalie Behring | Getty Images News | Getty Images Cadillac Mountain in Maine’s Acadia National Park is among the country’s
Miracle Messages founder and CEO Kevin F. Adler, right, with community ambassadors Beverly Stevenson and Brian Whitten in San Francisco. San Francisco Chronicle/Hearst Newspapers via Getty Images | Hearst Newspapers | Getty Images More than six years ago, Kevin F. Adler walked the streets of his San Francisco neighborhood with an unusual purpose: He wanted
In this article HOOD Newly public stock trading app Robinhood is not looking to do a secondary offering to take advantage of its retail investor-driven share price rise, according to the company’s chief financial officer. “It doesn’t resonate with me to call Robinhood a meme stock,” Robinhood CFO Jason Warnick told CNBC’s Kate Rooney on “Squawk
Though the meme-inspired cryptocurrency dogecoin was created as a joke and its creators never intended for it to be taken seriously, billionaire Mark Cuban sees value in it — especially after it saw a surge of interest earlier this year. “The point about doge that people miss is that doge’s imperfections and simplicity are it’s greatest strengths,” Cuban,
In this article 3333-HK A banner promoting the Emerald Bay residential project outside the China Evergrande Centre in the Wan Chai area of Hong Kong, China, on Friday, July 23, 2021. Lam Yik | Bloomberg | Getty Images BEIJING — Chinese authorities called for indebted property giant Evergrande to resolve its debt risks during a
In this article NVDA Nvidia CEO Jensen Huang wearing his usual leather jacket. Getty Nvidia reported earnings on Wednesday for its second fiscal quarter that ended on August 1, beating Wall Street estimates because of strong graphics cards sales. However, Nvidia’s cryptocurrency chip products, CMP, had lower sales at $266 million than the $400 million
U.S. Secretary of State Antony Blinken leaves after speaking about refugee programs for Afghans who aided the United States during a briefing at the State Department in Washington, DC, U.S. August 2, 2021. Brendan Smialowski | Reuters The U.S. State Department was hit by a cyberattack and notifications of a potentially serious breach were made
One year ago, rising cases of coronavirus put an abrupt halt to the fall semester on many college campuses, just as classes got underway. This year, the delta variant is threatening to shut down schools once again. And the possibility of more campus closures has sparked renewed interest in college refund policies and tuition insurance.
krisanapong detraphiphat | Moment | Getty Images About 1 in 3 of the lowest-income families have a savings account, according to research published Monday by the Consumer Federation of America, a consumer advocacy group. Thirty percent of households in the bottom fifth — those who earn less than about $26,000 a year — owned a
United Launch Alliance (ULA) CEO Tory Bruno at the rollout of the Atlas V 541 rocket that would launch NASA’s Mars Perseverance rover and Ingenuity helicopter on July 28, 2020. Ben Smegelsky | NASA Rocket builder United Launch Alliance, the joint venture of Boeing and Lockheed Martin, will require all employees to receive vaccinations against
In this article ADF SPCX The Hagerty Price Guide predicts $378 million in total sales from the Monterey collector car auctions next week, spread across 1,400 vehicles on offer from six different auction companies through the Monterey peninsula leading up to the Pebble Beach Concours dElegance. David Paul Morris | Bloomberg | Getty Images Classic
A trader works at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 19, 2021. Andrew Kelly | Reuters The markets: it’s August, but it’s also covid. Normal August trading flows are being greatly complicated by the delta variant. A third but still important complication: increasingly authoritarian action in China is
Commemorative dogecoins on display in Yichang, China on May 14, 2021. Barcroft Media | Barcroft Media | Getty Images Robinhood said its crypto revenue accounted for more than half of all transaction-based revenue in the second quarter, as retail investors turned to the app for purchases of bitcoin, ethereum and other digital currencies. In its
A Singapore Airlines plane is parked beside Scoots passenger planes on the terminal tarmac at Changi International Airport in Singapore on March 15, 2021. Roslan Rahman | AFP | Getty Images Interest in travel between Singapore and Germany shot up after a so-called vaccinated travel lane between the two countries was announced, which means that
FG Trade | iStock | Getty Images Help may be on the way for workers who lose track of their 401(k) accounts as they move from job to job throughout their careers. Under a proposal included in retirement legislation that’s pending in Congress, an online “lost and found” database would be established to help locate
Getty Images The enhanced child tax credit captured America’s attention this summer as millions of families began receiving payments. But Congress also boosted a lesser-known write-off this year for working families: the child and dependent care tax credit. Often conflated with the child tax credit, the child and dependent care tax credit offers working parents
Jeff Bezos, owner of Blue Origin, introduces a new lunar landing module called Blue Moon during an event at the Washington Convention Center, May 9, 2019 in Washington, DC. Mark Wilson | Getty Images Jeff Bezos flew to space late last month, but his company has lost top talent since the billionaire space founder came
If you’re shopping for a car and plan to finance your vehicle, you’ll want to consider your credit history and credit scores, which will help determine the kind of auto loan you’re eligible for and what kind of loan terms you might be offered. A good credit score can make a big difference. Your credit
Esther George at Jackson Hole, Wyoming David A. Grogan | CNBC The Federal Reserve’s annual Jackson Hole, Wyo., symposium will take place virtually this year due to Covid risks, the Kansas City Fed announced Friday. “While we are disappointed that health conditions will prevent us from being able to gather in person at the Jackson
In this article FL Shoppers stand in line to enter a Foot Locker Inc. store at the Queens Center shopping mall in the Queens borough of New York, U.S., on Wednesday, Sept. 9, 2020. Peter Foley | Bloomberg | Getty Images Foot Locker shares soared more than 7% in premarket trading Friday after the company
In this article PFE 22UA-DE Empty vials of the Pfizer COVID-19 vaccine are seen at a first come first serve drive-thru vaccination site operated by the Lake County Health Department on January 28, 2021 in Groveland, Florida. Paul Hennessy | NurPhoto | Getty Images The Food and Drug Administration is working to approve the Pfizer
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