Maskot | Maskot | Getty Images Spain is planning to offer young people aged 18-35 years old 250 euros ($289) a month to incentivize them to move out of their parents’ house and rent. Spanish President Pedro Sanchez announced the proposal on Tuesday, as part of the government’s 2022 budget. Young people earning less than
Month: October 2021
In this article TSLA ALLO QDEL A OTLY MNTV Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla announced it would move its corporate headquarters to Texas from California, with CEO Elon Musk noting the high cost of living and operating in California. Musk did say the company plans to increase
Magali Sanchez-Hall, a Wilmington resident for over two decades, has struggled with asthma her entire life. She says the health issue stems from her proximity to oil and gas drilling. Emma Newburger | CNBC LOS ANGELES, CALIF. — Stepping out of a coffee shop near Interstate 110 in the Wilmington neighborhood of Los Angeles, you’re
Female doctor working with senior patient in a modern office clinic / hospital momcilog | E+ | Getty Images Sure, there are probably more entertaining things to do than review your Medicare coverage. Nevertheless, it’s about that time of year. Open enrollment, which starts Oct. 15 and runs through Dec. 7, is when you can
The pandemic has been a financial wake-up call for many and it has caused them to rethink their plans around work and retirement. In a recent report, 36%, of Americans said that they will never have enough money to be able to retire. Even more — roughly 41% — said their ability to be financially secure in
In this article ELAN Marko Geber | DigitalVision | Getty Images Company: Elanco (ELAN) Business: Elanco is one of the largest global animal health pharmaceutical companies, developing and marketing products for both pet health and farm animals. It offers pet health disease prevention products, such as parasiticide and vaccine products that protect pets from worms,
Ten years ago, Steve Jobs died at age 56 after a years-long fight with cancer — an untimely death for one of tech’s most influential presences. Collaborators and competitors alike have credited their success to the Apple co-founder, from current Apple CEO Tim Cook to Bill Gates and Elon Musk. Even some of today’s younger
A Now Hiring sign hangs near the entrance to a Winn-Dixie Supermarket on September 21, 2021 in Hallandale, Florida. Joe Raedle | Getty Images The September jobs report issued Friday offered yet more evidence that pandemic-era unemployment benefits didn’t hold back the labor market in a significant way. Job growth — 194,000 new payrolls —
Lev Radin | LightRocket | Getty Images An emergency landing at LaGuardia Airport triggered a significant response from fire and police units Saturday afternoon. The Federal Aviation Administration confirmed Republic Airlines Flight 4817 landed safely at the Queens airport around 3 p.m. following a “security incident.” All passengers made it safely off the plane, the
quavondo | E+ | Getty Images For lower-income Hispanic and Latina mothers, affordable and accessible child care would be a lifeline. As the country celebrates National Hispanic Heritage Month, it looks like that may soon become a reality. Democrats have set a deadline of Oct. 31 to enact President Joe Biden‘s economic agenda, which includes
dowell | Moment | Getty Images CNBC enlisted data provider AccuPoint Solutions to assist with the ranking of registered investment advisors for this year’s FA 100 list. The methodology consisted of first analyzing a variety of core data points from AccuPoint Solutions’ database of registered investment advisors. This analysis started with an initial list of
With the explosion in popularity of nonfungible tokens, online investors and collectors have bid up the prices of all manners of digital collectibles, from basketball cards to drawings of rocks to virtual racehorses. But many of the traditional items people like to collect are seeing a surge in popularity, too. More from Grow:How I went
In this article MRO FANG MRNA OTLY The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico February 11, 2021. Daniel Becerril | Reuters Check out the companies making headlines in midday trading. Energy — Energy stocks dominated the top performing spots in
People walk at a pedestrian crossing along the Orchard Road shopping district in Singapore on September 7, 2021. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore announced Saturday it will further tighten Covid restrictions for the unvaccinated, as Prime Minister Lee Hsien Loong predicted it will take between three to six months to
Two women sit at the Capitol Reflecting Pool in Washington, D.C. on Sept. 26, 2021. Samuel Corum | Getty Images Congress is hard at work on a deal to keep the U.S. government from defaulting on its debt this month. But the short-term agreement, which was passed by the Senate and is expected to go
Drazen Zigic | iStock | Getty Images For financial advisors, the focus is often on growing their business, not passing it on to new owners. However, succession planning should be a key consideration in running a financial advisory firm, experts say. Yet research shows that most firms don’t have a plan in place — which
SpaceX’s Starship rocket production facility in Boca Chica, Texas, as CEO Elon Musk (third from the right) and President Gwynne Shotwell (third from the left) tour. Steve Jurvetson on flickr The valuation of Elon Musk’s SpaceX crossed $100 billion following a share sale by existing investors announced this week, CNBC has learned. SpaceX has an
For the first time in the 12-year history of “Shark Tank,” a Black woman is sitting in one of the investment chairs. Emma Grede, the 39-year-old co-founder and CEO of denim-brand Good American and founding partner of Kim Kardashian’s shapewear-apparel line SKIMS, is set to appear as a guest Shark on Friday’s season 13 premiere
In this article GSBD PNC A specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, October 6, 2021. Brendan McDermid | Reuters Stocks proved hard to keep down this week, and the start of the earnings season next week could further bolster the comeback
Head coach Jon Gruden of the Las Vegas Raiders reacts to the crowd during warmups before a preseason game against the Seattle Seahawks at Allegiant Stadium on August 14, 2021 in Las Vegas, Nevada. Ethan Miller | Getty Images Las Vegas Raiders coach Jon Gruden used racist language to describe the head of the National
AsiaVision | E+ | Getty Images A third of working Americans saw their health-care costs rise this year, according to a survey published Thursday by the Employee Benefit Research Institute. Those expenses led some employees to decrease retirement plan contributions, delay going to the doctor, increase credit card debt or use up all or most
Mark Mirsberger Source: Dana Investment Advisors On Tuesday, Sept. 27, stocks were in the red, and the S&P 500 was having its worst day in months. As Mark Mirsberger, CEO of Dana Investment Advisors, watched the market drop, he was calm. “It’s part of the journey,” Mirsberger, 59, said. “It shouldn’t go up every day.”
It’s one thing to come up with a $1 billion business idea. It’s quite another to come up with a string of them. But for entrepreneur Aaron Tan, it was fundamental. If he was going to start a business, it had to have room to grow. That’s a strategy instilled in him in his early
People wear masks while walking along a street on October 3, 2021 in Wuhan, Hubei province, where a yellow high temperature warning was issued as the maximum temperature reached 98.6 Fahrenheit. Getty Images | Getty Images News | Getty Images BEIJING — Chinese consumers opened their wallets to shop during the week-long National Day holiday
A South Korean flag, left, and Samsung Electronics flag fly outside the company’s headquarters in Seoul, South Korea, on July 5, 2019. Jean Chung | Bloomberg | Getty Images Samsung Electronics shares edged higher on Friday after the company said its operating profit for the quarter that ended in September was likely 28% higher than
Korean Air Lines Co. aircraft sit on the tarmac at Incheon International Airport in Incheon, South Korea, on Wednesday, Aug. 12, 2020. SeongJoon Cho | Bloomberg | Getty Images SINGAPORE — Quarantine-free travel between Singapore and South Korea will start from Nov. 15 for vaccinated travelers, the city-state’s transport ministry announced Friday. The two countries
A Social Security Administration office in San Francisco. Getty Images The Social Security cost-of-living adjustment for 2022 could be the biggest in decades. However, that increase to monthly checks will not be enough, according to The Senior Citizens League, a nonpartisan advocacy group. Now, in a letter sent to members of both the House of
Thomas Barwick | DigitalVision | Getty Images The financial advisory industry continues to struggle with efforts to boost diversity, though more firms seem to be emphasizing the issue in their recent recruiting, according to top firms on CNBC’s annual FA 100 ranking. The profession has long been one dominated by white men. For example,
Ariel Skelley A popular retirement savings tactic is on the chopping block in Congress, and investors are eyeing the strategy before it disappears. But there are other things to consider before making changes, financial experts say. Currently, investors can skirt the income limits for a Roth individual retirement account by using a so-called backdoor maneuver.
U.S. stock index futures were flat during overnight trading on Thursday as Wall Street awaits Friday’s key September jobs report. Futures contracts tied to the Dow Jones Industrial Average gained 19 points. S&P 500 futures were up 0.06%, while Nasdaq 100 futures advanced 0.08%. Stocks advanced during regular trading on Thursday as Washington reached a
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