An airline pilot walks in front of a Tripadvisor store in Toronto Pearson airport. (Photo by Geovien So/SOPA Images/LightRocket via Getty Images) Geovien So | SOPA Images | LightRocket via Getty Images Check out the companies making headlines after the bell. Booking Holdings — The travel booking service’s stock whipsawed in extended trading after the
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The coronavirus pandemic has forced schools to shut their doors and forced students to take their classes — and exams — online. This year, some 3.4 million students are registered to take AP Exams, which are designed to test high school students’ understanding of college-level material, online between May 11 and May 22. With schools across
Peloton machine Source: Peloton Many on Wall Street were convinced the usual playbook would occur when this market and economic downturn hit. Bubble-like tech stocks that led the way up would get crushed as a bear market exposed their hype and sent stock speculators scrambling. But the opposite has happened. The names skeptics used to
US President Donald Trump speaks about COVID-19, known as coronavirus, after signing a Proclamation in honor of National Nurses Day in the Oval Office of the White House in Washington, DC, May 6, 2020. Saul Loeb | AFP | Getty Images The White House is weighing a second Tax Day delay, according to NBC News.
Odds are the screen you are using to read this was hauled in a truck at some point. More than 70% of freight in the U.S. is moved by truckers, making the job an essential part of the economy. Eight years ago, April Coolidge decided in her mid-40s to stop selling real estate and start
General Motors said Monday that it is suspending its quarterly dividend and stock buybacks to preserve cash during the coronavirus pandemic. JEFF KOWALSKY | AFP | Getty Images General Motors is taking steps to shore up its balance sheet as the coronavirus keeps plants shuttered and auto sales depressed, the company said Thursday. The company is
Cari Gundee rides her Peloton exercise bike at her home on April 06, 2020 in San Anselmo, California. Ezra Shaw | Getty Images Peloton‘s revenue surged 66% during the fiscal third quarter, as more people purchased its fitness equipment and tuned into its live classes, to try to break a sweat while stuck at home
Lloyd Blankfein, the ex-Goldman Sachs CEO whose bank accepted bailout funds during the financial crisis, said that large companies should be “very reluctant” to take taxpayer money amid the coronavirus pandemic. “Big companies should be very reluctant to take government money,” Blankfein said Thursday on CNBC’s Squawk Box in response to a question about how
Even before the coronavirus pandemic shut down many parts of the U.S. and put millions out of work, Americans held an average of $26,621 in personal debt, excluding mortgages. That’s according to Northwestern Mutual’s 2020 Planning & Progress Study, which surveyed over 2,600 U.S. adults in mid-February. While that’s a staggering amount of debt, it’s
A Boeing 747 cargo freighter belonging to the Atlas Air flies into the clouds after lifting off from Hong Kong International Airport, on 23 October 2017, in Hong Kong, Hong Kong. S3studio | Getty Images Not all airlines are reeling from the coronavirus pandemic. Cargo airlines are cashing in on rush for medical supplies and
New Yorkers giving thanks to all the frontline workers on April 4th, 2020. Adam Jeffery | CNBC New York residents struggling amid the coronavirus pandemic can’t be evicted by their landlords until at least Aug. 20, Gov. Andrew Cuomo said Thursday. Cuomo’s announcement extends the state’s previous moratorium on evictions, which lasted only through June. “I don’t
With the U.S. economy largely shut down and the number of jobless Americans growing by millions each week, lawmakers in March moved swiftly to approve a historic stimulus package that would inject trillions of dollars into the economy as incomes and revenues evaporated. The Coronavirus Aid, Relief, and Economic Security, or CARES, Act injects
Visitors watch fireworks explode over the Shanghai Disneyland castle at an event to mark the first anniversary of the opening of the park. STR | AFP | Getty Images In less than a week, Disney will reopen its Shanghai theme park, offering up a glimpse to the rest of the theme park industry of what
General Motors Chairman and CEO Mary Barra on April 1, 2020 tours one of the company’s facilities in Warren, Michigan that will produce Level 1 face masks. GM General Motors is set to report its first-quarter earnings before the bell on Wednesday as the company grapples with the fallout from the coronavirus pandemic that’s shuttered
A person walks past a Virgin Media mobile phone store, closed down due to the Covid-19 pandemic, in London on May 4, 2020. Tolga Akmen | AFP via Getty Images Liberty Global and Telefonica have agreed to combine their U.K. operations in a deal that will create a new giant in the country’s telecommunications industry.
CNBC Make It is posting a new financial task to tackle each day for a month. These are all meant to be simple, time-sensitive activities to take your mind off of the news for a moment and, hopefully, put you on sturdier financial footing. This is day 29 of 30. Taking care of your physical and
A stylist wearing a protective mask cuts a customer’s hair at a barbershop in Atlanta, Georgia, on Monday, April 27, 2020. Dustin Chambers | Bloomberg via Getty Images When the coronavirus crisis, or at least the worst of it, passes, the U.S. economy will still be big — the biggest in the world, with any threat
Medicare isn’t free. And for beneficiaries whose income suddenly has dropped, that fact may now be more challenging. More than a third (37%) of Medicare recipients have experienced income loss due to the coronavirus crisis, according to a recent survey from ehealth.com. Younger beneficiaries are more likely to have suffered: 40% of respondents age 65
boonchai wedmakawand Coronavirus scams are on the rise — and thieves are targeting your financial relief from the government. Federal agencies like the IRS, Federal Trade Commission, Social Security Administration and FBI have warned consumers and business owners in recent weeks to be vigilant as fraudsters try to take advantage of them during the coronavirus pandemic.
Flight attendants talk in a nearly empty cabin on a Delta Airlines flight operated by SkyWest Airlines as travel has cutback, amid concerns of the coronavirus disease (COVID-19), during a flight departing from Salt Lake City, Utah, April 11, 2020. Jim Urquhart | Reuters A lobbying group representing U.S. airlines on Wednesday said federally mandated