Canceled that flight to Cancun or that cruise out of Miami to the Caribbean? You’re not alone. In light of the Covid-19 pandemic and worries over health and safety, many Americans will opt to “staycation” this year and holiday at home or nearby. “We’re seeing a trend overall [that] people are booking trips closer to
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We live in an increasingly stressful world, which is why it has never been more important to foster emotional and mental resiliency in our children. Not only are mentally strong kids better prepared to tackle future problems on their own, but studies have found that they’re also more likely to be engaged in school and
Brazil is on course to become the country with the world’s second-highest number of coronavirus infections later on Friday, as President Jair Bolsonaro faces intensifying pressure for his handling of the epidemic. At present, the U.S. has recorded by far the highest number of Covid-19 infections worldwide, with 1.5 million reported cases and nearly 95,000
We are all getting back to the basics. While it might feel good to bake bread, the best way to get through the coronavirus pandemic could be to stock your emergency fund and learn to “do-it-yourself” with household chores so you can save on expenses. One bright spot: You might have more time on your
Since late April, states across America have started to reopen, allowing for businesses to open their doors with restrictions. In states like Alabama, Colorado and Florida, for example, retail stores are able to reopen at limited capacity. In others, like Idaho and Kansas, gyms have reopened with precautions in place. But even when business owners get
More than 5.2 million people in the world have contracted the coronavirus, which has spread to at least 188 countries and regions world-wide. The global death toll currently stands at 337,572, according to data compiled by Johns Hopkins University. Brazil on Saturday briefly had the second-highest number of reported cases in the world — after the
The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, April 26, 2020. Jeena Moon | Reuters U.S. stock futures were flat on Thursday night after a decline in some major tech stocks, along with dismal employment data and
Hero Images | Getty Images Traditionally, parents pay a premium so their children can play capture the flag, drink bug juice and swim in a lake through August. This year, of course, summer camp looks very different. Amid the coronavirus crisis, many camps have cancelled their summer sessions, others have moved online and a few
Brain coach Jim Kwik says billionaire Elon Musk hired him after they bonded over science fiction books like “Lord of the Rings” and Isaac Asimov’s “Foundation Series.” “I think leaders are readers,” Kwik tells CNBC Make It. After the Tesla and SpaceX CEO learned more about the work Kwik does — everything from teaching people
Faraday Future, a California-based electric-car startup and Tesla’s once rival, generated buzz in 2015 as the company poached top talent from Tesla, BMW, Audi, Ford, and Ferrari. Called “Tesla killer,” Faraday’s meteoric rise in notoriety occurred on dubious underpinnings — the company did not promise a product, nor did it announce any concrete plans for
A pack of Hydroxychloroquine Sulfate medication is held up on March 26. John Phillips | Getty Images Hospitalized Covid-19 patients treated with hydroxychloroquine, the malaria drug President Donald Trump says he’s taking to prevent the coronavirus, had a higher risk of death than those who didn’t take it, according to a study published Friday in The
A shopper shops in a Ross store in Lewiston, Idaho. Francis Dean | Corbis | Getty Images Check out the companies making headlines after the bell. HP Enterprise — The information technology company’s stock dropped 5% in extended trading after the company reported second-quarter earnings. HP Enterprise said it had earnings of 22 cents per
Lillian Johnson, 77, pictured outside her East Meadow, New York, nursing home. Because of Covid-19 restrictions, her son was unable to visit her for two months. Lamont Johnson Lamont Johnson lives just about two miles from his mother’s nursing home in Long Island, New York. He has not been able to visit her for about
Americans love gift cards. And the U.S. is the world’s biggest market — by a long shot. The plastic cash substitute has been the most popular holiday item on shoppers’ lists for 13 years in a row. In 2019 alone, U.S. consumers loaded up on gift cards from brands like Starbucks, Amazon and Home Depot
CNBC’s Jim Cramer said Tuesday that large retailers in the U.S. such as Walmart benefited from the coronavirus-related restrictions on businesses, contending this week’s earnings reports will reflect the top-heavy nature of the economy. “It looks like the big guys won. You have them basically cordoned off as essential services. So many other companies, little companies, medium,
The U.K. government’s treasury building Matthew Lloyd | Bloomberg | Getty Images The U.K. borrowed at a negative interest rate for the first time on Wednesday, amid growing fears of a deep global recession and expectations of further bond buying action from central banks. In an auction Wednesday, the country’s Debt Management Office said it
Heidi Bess, Owner of Candlelight Cottages in Bolton New York, said customers are anxious to get out of their house after being housebound for months. Source: Heidi Bess Memorial Day is the unofficial start of summer but the water parks are dry, amusement parks are shuttered and national parks are only beginning to reopen. For
Investors may want to brace for a tumultuous June. Federated Hermes’ Phil Orlando believes a “cleansing correction” could spark a 10% drop or more within weeks. “You’ve got some investors who are bearish by nature and got sucked into this 36% rally,” the firm’s chief equity market strategist told CNBC’s “Trading Nation” on Thursday. “If the
College graduates will soon be hit with their first student loan bill aywan88 | E+ | Getty Images When Democratic presidential candidates Bernie Sanders and Elizabeth Warren dropped out of the race, it seemed that proposals to tackle student loan debt would go away, too. They haven’t. Between the impact of the coronavirus pandemic and
More than 38 million people have filed for jobless claims since the coronavirus pandemic started. The unexpected loss in income is causing many Americans to tap their retirement savings just to make ends meet. And many people who lost a job — or have a spouse or partner whose income has declined — didn’t have
Customers wait in line at Xiaomi’s flagship store in Mong Kok, Hong Kong. Miguel Candela | SOPA Images | LightRocket | Getty Images Xiaomi reported a 13.6% rise in first-quarter revenue on Wednesday, beating estimates, as the Chinese smartphone maker sold more phones and benefited from sales of its higher-priced 5G models. The company managed
Marc Andreessen, co-founder and general partner of Andreessen Horowitz David Paul Morris | Bloomberg | Getty Images Amid a sharp pullback in venture capital activity during the coronavirus pandemic, one Silicon Valley start-up is showing what could be a path forward for other new companies seeking funding. The business, a payroll platform for remote workers
The Oscar-winning filmmaker spent 20 hours shooting a documentary with the Russian president, and tells the FT’s Matthew Garrahan that the western world has Vladimir Putin all wrong. ► Subscribe to FT.com here: http://bit.ly/2r8RJzM ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo
Forbici Modern Italian’s temporary outdoor dining tent in Tampa, Florida. Forbici Modern Italian There’s not usually a white 1,800-square-foot tent set up in the street outside Forbici Modern Italian in Tampa, Florida. Then again, few things are as they were before the coronavirus pandemic. Tampa’s Snow Avenue embodies that new world, thanks to a pilot
New York, USA – May 8, 2018: Wall Street sign near New York Stock Exchange with flags of the United States. ymgerman | iStock Editorial | Getty Images This is a live blog. Here’s what’s happening: 7:40 am: Oil drops more than 5% on demand concerns Oil prices moved lower on Friday after China abandoned its
A driver and passenger wearing protective masks exit the ride sharing pickup area in a car displaying Uber Technologies signage at San Francisco International Airport in San Francisco, California, U.S., on Monday, May 4, 2020. Photographer: David Paul Morris/Bloomberg via Getty Images Bloomberg Leonardo Diaz is in a tough spot. Diaz, a driver for Uber
While many dog owners dream of training their dogs to fetch them beer, that’s just what golden retrievers Buddy, 3, and Barley, 1, are doing amid the Covid-19 pandemic. Mark and Karen Heuwetter, co-founders of Six Harbors Brewing Company in Huntington, a coastal town on Long Island, New York, were inspired to bring the dogs
Lowe’s reported same-store sales growth of more than 11% for the first quarter as Americans stayed home and invested in spring-time home improvement projects, but investor excitement fizzled as the company warned sales could “moderate” later in the year. The company benefited in the quarter from the home improvement industry’s busiest time of the year, spring,
Sheraton Grand Sacramento Hotel Source: Sheraton Grand Sacramento Hotel A small firm is looking to make a change at a real estate investment trust, an area typically tough for activism. Company: CIM Commercial Trust Corp. (CMCT) Business: Real estate investment trust that primarily acquires, owns, and operate Class A and office assets in the United States. Stock market
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Friday, April 17, 2020, in Washington. Alex Brandon | AP It is “conceivable” that the U.S. could begin to roll out a coronavirus vaccine by December, the