U.S. President Donald Trump speaks during an event at the White House in Washington, D.C., U.S., on Friday, May 15, 2020. Stefani Reynolds | Bloomberg | Getty Images President Donald Trump said Monday that he has been taking anti-malaria drug hydroxychloroquine for over a week to prevent coronavirus infection even though it is not yet
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As part of the House bill passed on Friday to deliver relief to a battered economy, people with student debt would get some more elbow room. The U.S. Department of Education has already announced that due to the pandemic, federal student loan borrowers don’t need to make payments on their loans until at least October. And during
Even though he doesn’t win them all, billionaire investor Mark Cuban has an eye for vegan companies on ABC’s “Shark Tank.” But when Cuban invested in a vegan, non-GMO soap and body care company during Friday’s episode, his fellow Sharks thought he was crazy to do so. Three best friends – Anthony Duncan, with brothers Mohammed A. and
It may be premature to turn bullish. Despite Monday’s massive rally, Canaccord Genuity’s Tony Dwyer finds stocks haven’t broken out of the ‘”frustration” stage of the recovery. He breaks down the post-market crash environment into three phases: Panic, relief and frustration. “Once you crash, you go into a panic phase,” the firm’s chief market strategist
Fluffy comedian Gabriel Iglesias owns a $3 million collection of classic Volkswagen Buses. He keeps them in his enormous personal museum that resembles Volkswagen’s most famous German factory. His car collection also includes several very rare Beetles and muscle cars. For more, visit: Home MORE CARS INSIDER CONTENT: Collector Owns Two Rare Microcars Inside One
The Royal Air Force is leaping towards the future with the arrival of the new F35 fighter jets but the threat picture is shifting fast and uncertainty surrounds the UK defence budget. As the RAF marks its 100th year the FT’s David Bond explores what all this means for British air power. ► Subscribe to
Sept. 7 (Bloomberg) — Michael Burry, the former head of Scion Capital LLC who predicted the housing market’s plunge, talks with Bloomberg’s Jon Erlichman about the financial crisis and the housing market. (Source: Bloomberg)
Black hair is big business ? an estimated $2.7 billion industry in hair care alone. In recent years, the dramatic shift away from chemical relaxers in favor of natural hair has sparked a wave of innovation in the industry and created renewed opportunity for black entrepreneurs.
BSIP | Universal Images Group | Getty Images Routine vaccinations for young children in the United States fell during the first half of this year as more Americans skipped routine doctor visits and stayed home due to the coronavirus pandemic, according to a report published Monday by the Centers for Disease Control and Prevention. The
Don Bayley | Vetta | Getty Images Retirees who feel their Social Security benefits aren’t stretching as far as they used to aren’t imagining it. Retiree costs are going up at a rapid clip, and Social Security cost-of-living adjustments are not keeping up with those growing expenses, according to a recent report from The Senior
Ariel Skelley Like everybody else in the country, David Yeske is getting a bit stir crazy. For the last eight weeks, the founder of registered investment advisor Yeske Buie has been managing his advisory practice and serving his roughly 500 clients from his home in San Francisco as the coronavirus has spread across the country.
If you’re out of book ideas headed into another month of staying at home, or finally ready to crack one open, Bill Gates has some suggestions. The billionaire released his annual summer book list on Monday. Whether you want to learn more about pandemics amid the coronavirus outbreak or are simply looking for a distraction, Gates has
The PayPal application on an Apple iPhone. Andrew Harrer | Bloomberg | Getty Images PayPal is attracting a new demographic during stay-at-home shutdowns: what it calls “silver tech.” The company has seen an older audience flock to digital payments as cash is seen as a germ risk and people across the U.S. stay at home
Home-buying demand is starting to come back. The number of customers reaching out to real estate agents was 5.5% higher in the week ended May 10 than it was prepandemic, according to new data from Redfin. The real estate firm also said new listings have increased every week for the past month. Also, the number
As the country starts to reopen its economy amid the coronavirus pandemic, Americans of all ages are still trying to figure out the path forward. Many have lost income, may be struggling with a small business or are dealing with child-care issues. But those in their 40s, the younger end of Generation X, have their
Michael Jordan wasn’t looking to make any friends on the basketball court. “My mentality was to go out and win, at any cost,” said the NBA legend on an episode of the “The Last Dance,” a 10-part documentary about his meteoric rise and the dynasty he built in Chicago. And that meant holding his teammates
Stocks may be coming off their worst week in about two months, but Bryn Mawr Trust’s Jeffrey Mills warns there are few bargains. He believes Wall Street isn’t accurately pricing in pain of the economic shutdowns. “We don’t love the risk-reward right now in the stock market,” the firm’s chief investment officer told CNBCs “Trading
Originally created on the request of Queen Victoria, Winsor & Newton Series 7 brushes were first made in 1866, and were designed to be the finest possible brush for watercolor painting. But making a Series 7 Kolinsky Sable watercolor brush isn’t easy, and the largest size brush can take almost a week and a half
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs The FT explains how and why people are investing in the commodities market, discussing some of the pros and cons of the precious metals, industrial metals and Energy markets. ► Can Smart Beta Stay Ahead? http://bit.ly/1QGm6EA ► FT Markets: http://bit.ly/1J5HNd3 ► FT Wealth: http://bit.ly/1e3996C For more
Oct. 21 (Bloomberg) — Bloomberg Businessweek’s Sam Grobart sits down with Nick Offerman, star of NBC’s “Parks and Recreation” and the author of Paddle Your Own Canoe, a tongue-in-cheek guide to manliness. (Source: Bloomberg) — Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg Bloomberg Television offers extensive coverage and analysis of international business news and stories of
American Pharoah won the Preakness, the Kentucky Derby, Belmont, and now the Breeder’s Cup. CNNMoney’s Vanessa Yurkevich finds out what’s next for the Grand Slam winner.
Amaurys Grullon (L), founder of Bronx Native, and Josue Caceres (R), brand manager. Caceres caught coronavirus and was in a coma for 11 days. Spencer Kimball | CNBC Josue Caceres remembers waking up in a hospital bed. He tried to get up and go to the bathroom, but he was so weak he fell and
U.S. President Donald Trump’s name appears on the coronavirus economic assistance checks that were sent to citizens across the country April 29, 2020 in Washington, DC. Chip Somodevilla | Getty Images News that the U.S. government has deployed millions of stimulus checks for up to $1,200 per individual has made headlines. But still many individuals
The Covid-19 pandemic has been going on in the United States for months, and yet many questions still remain. The biggest one for many Americans is: When will life go back to normal? And, what will that new normal even look like? As summer approaches, you may find yourself longing for events that you would
Public companies that took advantage of the government’s small business loan program are likely to avoid repercussions from the agencies running the effort, according to legal experts. Businesses have until May 18 to return funds taken from the Paycheck Protection Program with amnesty, but most of the public companies that got PPP loans are keeping
Does the world of retail really need J.C. Penney? As the department store chain filed for bankruptcy protection Friday evening, some question if the company still has a place in American retail. Or if it could ever bounce back from the fatal blow it has been dealt during the coronavirus pandemic, which forced its roughly 850 stores
You may qualify for paid leave Justin Paget Qualified workers, including those telecommuting, can get two weeks of paid leave at full pay courtesy of the Families First Coronavirus Response Act. Valid reasons include being unable to work because you are under quarantine order, have coronavirus symptoms and are seeking diagnosis, or must care for
The coronavirus pandemic has impacted the lives of students around the world, but the college Class of 2020 may have felt those impacts harshest of all — making them the class of Covid-19. The Class of 2020 has been forced to quickly pack their lives into boxes and car trunks, rush their goodbyes to friends
U.S. government debt yields moved lower Friday as investors awaited a host of fresh economic data. At around 4:45 a.m. ET, the yield on the benchmark 10-year Treasury note was lower at 0.6153% while the yield on the 30-year Treasury bond declined to 1.2802%. Yields move inversely to prices. Nervous investors are keeping a close
Stanley Druckenmiller Anjali Sundaram | CNBC Hedge fund manager Stanley Druckenmiller told the Economic Club of New York on Tuesday that stock market is historically overvalued. “The risk-reward for equity is maybe as bad as I’ve seen it in my career,” Druckemiller said, according to the organization’s Twitter account. “The wild card here is the