A Temasek Holdings signage at their office in Singapore. Munshi Ahmed | Bloomberg | Getty Images SINGAPORE — Singapore’s state investment company Temasek said Tuesday the net value of its portfolio fell for the first time since 2016 as the coronavirus pandemic hit global markets. The size of Temasek’s portfolio fell to 306 billion Singapore dollars
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Don’t be too worried about the impact of the election on your retirement savings. getty It’s understandable if pre-retirees and retirees are nervous about the impact of the upcoming presidential election on their retirement savings, especially if they’re keeping up with the news these days. If they are, they might feel as if they’re being
A group of drugmakers competing to bring a coronavirus vaccine to market plan to issue a public statement as soon as next week that says they will not seek government approval until enough data has been collected to ensure the drugs are safe and effective, CNBC confirmed Saturday. An early draft of the joint statement
The “Fearless Girl” statue stands in front of the New York Stock Exchange (NYSE) at Wall Street on June 29, 2020 in New York City. Angela Weiss | AFP | Getty Images Stocks futures climbed in overnight trading on Monday after technology shares suffered their worst sell-off in more than five months. Futures on the
What’s going to happen to the economy in 2021? Now that we’re approaching the end of the third quarter of 2020, there are three scenarios for the coming year that savers, investors and people planning for retirement should keep in mind. Yellow means proceed with caution Steve Chen The Good Case for 2021 Though some
Attendees wait for Robert Kyncl, vice president of global content partnerships with YouTube, to give … [+] a keynote presentation at the 2012 International Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Thursday, Jan. 12, 2012. The 2012 CES trade show features 2,700 global technology companies presenting consumer tech products and is expected
View Pictures/Universal Images Group via Getty Images There is a great debate raging around the world on the future of office spaces. Many are trying to return to the way things were, while others claim the modern office is dead. Huge companies are following Twitter’s example in saying that their workforce can work from home
The coronavirus pandemic has upended the retail industry and pushed dozens of companies into bankruptcy. But there are still pockets of growth, with a number of retailers looking to open additional stores. Altogether, as of Friday, retailers have announced 7,707 store closures and 3,344 store openings so far this year, according to a tracking by
getty Chances are that you are spending today gathered around a grill or trying to soak in some sun. Labor Day weekend is considered summer’s last hurrah and ushers in fall and, including, in areas like mine, the beginning of the school year. (You can read more about the tie-in to the school year and
How can racial discrimination in mortgage lending be prevented getty That is the thrust of a recent article by Diana Olick in CNBC, which she terms “An outrageous tale that reveals Black discrimination in the housing market.” Her information comes from Akili Akridge, a black applicant who “had all the right stats: a steady six-figure
Virgin Galactic’s spacecraft Unity reaches space for the first time. Source: Virgin Galactic Virgin Galactic plans to conducts its next crewed spaceflight test on Oct. 22, according to documents the company filed with the Federal Communications Commission on Tuesday. The flight will be the first of two that the space tourism company has planned to complete
John David Washington stars in the upcoming spy-thriller “Tenet” from director Christopher Nolan. Warner Bros. After months of delays Christopher Nolan’s “Tenet” finally landed in U.S. theaters over the weekend, cashing in more than $20 million in ticket sales. The spy thriller, distributed by Warner Bros., inched closer to $150 million globally, the company reported,
WILMINGTON, DELAWARE – SEPTEMBER 04: Democratic presidential nominee Joe Biden speaks during a … [+] campaign event September 4, 2020 in Wilmington, Delaware. Biden spoke on the economy that has been worsened by the COVID-19 pandemic. (Photo by Alex Wong/Getty Images) Getty Images Joe Biden has promised a vast array of new spending — not,
Greg Berndt takes a selfie as the thermometer reads 131 degrees Fahrenheit (55 Celsius) at the Furnace Creek Visitors Center in Death Valley, California, U.S. August 17, 2020. David Becker | Reuters A dangerous heat wave is expected to hit California over the weekend and trigger one of the hottest days in state history. Temperatures
A Chinese bank employee counts 100-yuan notes and U.S. dollar bills at a bank counter in Nantong in China’s eastern Jiangsu province on August 6, 2019. STR | AFP | Getty Images Increased foreign investment into Chinese markets could boost the usage of the yuan, pushing it to become the third largest reserve currency in
Shoppers walking into a Lululemon store Scott Mlyn | CNBC How do investors pick stocks poised to outperform in the current environment? Stocks are tumbling in a tech-led selloff after reaching record highs over the last few weeks. However, even after the pullback, the S&P 500 has still surged almost 19% on a one-year basis.
Saving for retirement is hard enough without having to manage multiple investment accounts. With the proliferation of tax-advantaged accounts, however, many individuals juggle several if not more than a dozen retirement accounts. An investment tracking tool can help manage all of these accounts in one place, and below are the three best investment tracking apps
WAN CHAI, HONG KONG, HONG KONG ISLAND – 2018/04/07: A Bitcoin ATM machine in Wan Chai, Hong Kong. … [+] (Photo by Miguel Candela/SOPA Images/LightRocket via Getty Images) © 2018 SOPA Images Popular virtual currency Bitcoin has been a news fixture since its introduction in 2009. If fact, Bitcoin is the world’s leading virtual currency,
The affects of indoor air quality is top of mind as we spend more time at home Is your vacuum spewing particles back into the air? picture alliance via Getty Images The EPA cites indoor air quality (IAQ) as one of the top five environmental risks to public health. Since the pandemic’s March shut down,
This week’s announcement of the permanent closure of the iconic 44-story Hilton Times Square hotel in the heart of New York City was a wake-up call for the embattled hospitality industry, especially in urban markets suffering from a coronavirus-driven tourism drought. The move follows a decision earlier this week by Ashford Hospitality to hand over the