An engineer shows an experimental vaccine for the COVID-19 coronavirus that was tested at the Quality Control Laboratory at the Sinovac Biotech facilities in Beijing. Nicolas Asfouri | AFP | Getty Images The Centers for Disease Control and Prevention said coronavirus vaccines may not be recommended for children if and when they are first available.
Month: October 2020
A person wears a protective face mask next to Wells Fargo ATMs in Harlem as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 25, 2020 in New York City. Noam Galai | Getty Images Wells Fargo reported on Wednesday disappointing earnings for the third quarter
A pedestrian wearing a protective mask walks past a Wells Fargo & Co. bank branch in New York, U.S., on Thursday, July 9, 2020. Peter Foley | Bloomberg | Getty Images Check out the companies making headlines midday on Wednesday: Wells Fargo — Wells Fargo shares dropped 5% after the banking giant reported a weaker-than-expected
More than 22 million American jobs were lost in the past six months; stock markets have been up and down; and people are generally anxious about what’s in their bank accounts right now. If you’re lucky enough to have the funds you need despite all the recent economic turbulence, ask yourself one key question, says Bradley T.
Billionaire investor Ron Baron, who says his stake in Tesla has made his firm 10 times its original investment, told CNBC on Wednesday that he expects similar growth from Elon Musk’s space company. “SpaceX I think has a chance to be just as large as Tesla,” Baron said on CNBC’s “Squawk Box.” Baron’s investment firm holds
kate_sept2004 | E+ | Getty Images Young investors are more likely than older generations to seek out financial help from a computer than a human. In addition, the Covid-19 recession has led to more interest among younger people in getting financial advice. Financial advisors should take note. Millennials, a group spanning their mid-20s to late
Prisoners are getting a second chance at receiving the $1,200 stimulus checks the government sent this spring. Judge Phyllis J. Hamilton of the U.S. District Court for the Northern District of California recently ruled that the government should not withhold those checks from people solely because they are incarcerated. There are roughly 1.5 million incarcerated
Kevin O’Leary Scott Mlyn | CNBC Investor Kevin O’Leary knows firsthand the challenges entrepreneurs on Main Street are facing during the coronavirus pandemic. Many are struggling to survive to economic shutdowns and the rapid shift to the digital economy. “Twenty percent of the small private companies in my portfolio are going to fail,” he said
Loving senior couple dancing in balcony. Happy man and woman are spending leisure time together. … [+] They are at home. getty There’s been a lot of talk in the news about how little President Trump may have paid in taxes over the last few years, something he called “smart” during the last presidential election.
In this photo illustration the Internal Revenue Service (IRS… SOPA Images/LightRocket via Getty Images Regulators all over the world are struggling to come up with an effective tax policy for virtual currency transactions. Recently, the IRS was scrutinized by the government watchdog, The Treasury Inspector General for Tax Administration (TIGTA), about this very issue. A
The majority of people who think their home is haunted live in the West. getty If you find yourself living in a house with a spooky vibe, it could be that the home is haunted. For some people, that’s reason enough to put up a for-sale sign and take the money and run. However, a
Disney has a long history of turning hourly employees into company executives. Kareem Daniel’s rise from intern to head of the company’s newest distribution division is no exception. On Monday, Disney announced that it would be restructuring its media and entertainment divisions in an effort to streamline its direct-to-consumer strategy, which will now focus even
Alex Gorsky, Chairman and CEO of Johnson & Johnson, rings the opening bell to celebrate the 75th anniversary of his company’s listing at the New York Stock Exchange, September 17, 2019. Brendan McDermid | Reuters Johnson & Johnson on Tuesday reported third-quarter earnings and revenue that beat Wall Street’s expectations, led by higher sales in
Chinese President Xi Jinping Aris Messinis | Pool | Reuters BEIJING — Amid uncertainty about Hong Kong’s future and China’s international relations, President Xi Jinping maintained Wednesday that the country remains intent on doing business with the rest of the world, in its own way. In a speech that lasted nearly one hour, Xi made
Can preflight testing get people flying again? The International Air Transport Association (IATA) thinks so. Last month, the trade association, which represents some 290 airlines around the world, called for the “development and deployment of rapid, accurate, affordable, easy-to-operate, scalable and systematic” Covid-19 testing for all passengers as a way to restore passenger confidence, bypass
Getty Images Social Security beneficiaries will see a 1.3% increase to their monthly checks in 2021. The amount was announced on Tuesday by the Social Security Administration, and was in line with previous estimates. Last month, The Senior Citizens League, a nonpartisan advocacy group for older Americans, projected a 1.3% boost, based on available Consumer
By Margie Zable Fisher, Next Avenue Contributor getty The 2020 Medicare Open Enrollment season runs from October 15 through December 7 and it’ll be even trickier than normal for new and existing beneficiaries. That’s due to a combination of Covid-19, changes in Medicare rules and new types of coverage offered by private Medicare Advantage plans.
Economic Security Planning, Inc. Today’s column addresses questions about how retroactive filing affects benefit rates, when spousal benefits may be available and whether it’s possible or advisable to take a retirement benefit before a survivor’s benefit. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning,
If you’re planning to sell your home, you want to maximize its value before putting it on the market. However, increasing your home value often requires an investment, and you may not necessarily want to sink too much more money into the property. Fortunately, there are many cost-effective ways to boost your home without breaking
Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, speaks during a House Select Subcommittee on the Coronavirus Crisis hearing in Washington, D.C. Erin Scot | Pool | Reuters Health officials have struggled to convey the seriousness of Covid-19 to many Americans. President Trump’s rapid recovery from the disease, while welcome by
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