Traders work on the floor of the New York Stock Exchange. NYSE Stock futures were little changed in overnight trading on Thursday as investors awaited a key November jobs report to gauge the pace of labor market recovery in the face of a worsening pandemic. Futures on the Dow Jones Industrial Average gained 20 points.
Month: December 2020
NFL star Russell Wilson is one of football’s highest-paid players and he’s earned more than $160 million during his nine-year NFL career. But the Super Bowl-winning quarterback likely still has a way to go before he can reach what he calls “one of my biggest goals”: owning the Seattle Seahawks. Wilson recently told tech billionaire
John Williams, left, and his dad Terry, right, both of Salem, carry a large Christmas Tree out of the field together at Tucker Tree Farm in Salem, Oregon, November 29, 2020. Alisha Jucevic | Reuters Tree retailers are having a spirited season this year, as Americans staying closer to home due to the coronavirus pandemic
Tony Hsieh, former CEO of Zappos.com Bloomberg | Bloomberg | Getty Images Former Zappos CEO Tony Hsieh, who died last week from injuries sustained in a house fire, did not leave behind a will, according to published reports. Hsieh, who retired in August from the shoe and clothing online retailer, succumbed to complications from smoke
A significant percentage of corporate chief financial officers are making 2021 spending and hiring plans around vaccine optimism, but the current case surge in the U.S. and Europe is making a dent in confidence. Robyn Beck | AFP | Getty Images Millions of Americans are still hoping for a second round of stimulus checks to
Juanmonino | E+ | Getty Images It’s going to take more than a second draw from the Paycheck Protection Program to get the most vulnerable small businesses through the winter, tax professionals sa Congress is back to hashing out new relief measures this week. House Speaker Nancy Pelosi, D-Calif., and Senate Minority Leader Chuck Schumer,
Economic Security Planning, Inc. Today’s column addresses questions about whether widow’s benefits increase when a late spouse’s previous spouse passes away and no longer collects on the late spouse’s record, whether it’s possible to change when checks arrive and taking spousal benefits before retirement benefits. Larry Kotlikoff is a Professor of Economics at Boston University
Do you have tangible things in your life that you want to protect? Do you want peace of mind, knowing that you’ll be able to recover from a loss if the unexpected happens and that you’ll be able to rebuild your life? If you’re like a lot of young adults, you’ve worked hard to build
Innovative and effective lighting helps to make a home comfortable and functional Courtesy of Teknion Your physical environment plays a major role in your mood and mental well-being. Having a space that reduces anxiety is especially important as we continue to work from home as we approach the end of a turbulent 2020. Now, more than
This picture taken on November 23, 2020 shows a bottle reading “Vaccine Covid-19” next to US pharmaceutical company Pfizer and German biotechnology company Biontech logos on November 23, 2020. Joel Saget | AFP | Getty Images The U.K. this week became the first country to authorize Pfizer‘s coronavirus vaccine for emergency use, likely adding pressure
Check out the companies making headlines before the bell Thursday: Express (EXPR) — Shares of Express tanked 25% after the retailer reported a wider-than-expected earnings loss. Express said it lost $1.39 per share in the third quarter, versus an estimated loss of 51 cents per Refinitiv. Its revenue also missed expectations. Tesla (TSLA) — Shares
Although negotiations surrounding a new coronavirus relief bill have resumed between Democrats and Republicans, it is still unclear whether new legislation will pass before the new year. Over nine months have passed since President Donald Trump signed the $2.2 trillion Coronavirus Aid, Relief, and Economic Security, or CARES, Act. Since, Congress has remained at an
Warren Buffett during an interview with CNBC’s Becky Quick on February 24, 2020. Gerry Miller | CNBC Berkshire Hathaway said Thursday that it will hold its annual shareholder meeting, slated for May, virtually. “Unfortunately, we do not currently believe it will be safe at that time to hold a meeting with nearly 40,000 attendees as
Many of the nation’s top companies, including Amazon, Goldman Sachs, Ford, Google and Walmart, are calling on the new administration to address climate change and come up with long-term solutions in response to concerns from investors, customers, communities and employees. In a letter to President-elect Joe Biden and the new Congress, 42 corporations urged the government
Medical staff examine a patient in the Covid-19 intensive care unit at United Memorial Medical Center in Houston on Nov. 16, 2020. Go Nakamura | Getty Images The coronavirus pandemic may be an extra stressful time for Medicare beneficiaries. Not only are they generally in a high-risk group for Covid, most of them — about
WASHINGTON, DC – DECEMBER 01: Senate Minority Leader Charles Schumer (D-NY) holds a news conference … [+] at the U.S. Capitol. (Photo by Tasos Katopodis/Getty Images) Getty Images By embracing a $908 billion bipartisan pandemic relief plan, congressional Democratic leaders may have jump-started long-dormant talks over short-term economic aid. A nudge by President-elect Joe Biden
getty Retirement plans come in all shapes and sizes. You may think your plan is too big (or too small) to share the same concerns with smaller (or larger) plans. It turns out, however, there’s a lot in common between really large and really little 401(k) plans. This is not to say there aren’t differences
The designs of three finalists emerged from a worldwide competition to create an instantly … [+] recognizable, iconic landmark for Silicon Valley. Urban Confluence Silicon Valley The greatest cities across the globe all boast landmarks instantly recognizable to folks everywhere. In Paris, it’s the Eiffel Tower, in London, Big Ben. Chicago’s got Cloudgate, better known
Medical staff members prepare to perform a percutaneous tracheostomy procedure on a patient in the COVID-19 intensive care unit (ICU) during Thanksgiving at the United Memorial Medical Center on November 26, 2020 in Houston, Texas. Go Nakamura | Getty Images More than 100,000 people are currently in hospitals across the U.S. sick with Covid-19, as
There may be more juice left in the fourth quarter. Ally Invest’s Lindsey Bell said she believes the backdrop supports December gains. “We’re positive that it will be a good end to 2020,” the firm’s chief investment strategist told CNBC’s “Trading Nation” on Wednesday. Bell sees optimism surrounding another coronavirus aid package providing a near-term