CEO Peter Beck stands at the base of the fairing, or nosecone, of the Neutron rocket the company is developing. Rocket Lab Rocket Lab is going public in the next few months through a SPAC merger and CEO Peter Beck spoke to CNBC to break down the space company’s opportunities thanks to the deal’s cash
Time is running out to pass Covid-19 relief legislation to extend unemployment benefits and provide … [+] other needed aid. getty Even as they digest the bad news that a simple minimum wage increase can’t be included in President Biden’s $1.9 trillion relief package, Congressional Democrats are moving rapidly to pass the overall legislation. They are doing the
Robert Reffkin speaks at a conference in New York City in 2019. (Photo by Brad Barket/Getty Images for Fast Company) Getty Images for Fast Company Compass, the real estate brokerage with more than 19,000 agents on its platform, filed its IPO prospectus with the Securities & Exchange Commission on Monday. The filing showed significant growth
A woman walks past tents for the homeless lining a street in Los Angeles, Calif. on Feb. 1, 2021. FREDERIC J. BROWN | AFP | Getty Images More than one million Americans were lifted out of poverty in January as a result of federal stimulus checks and additional unemployment benefits, according to economists at the
Gary Collis of Bunker Hill, West Virginia, receives his boost dose at a coronavirus disease (COVID-19) community vaccination event, as the vaccination rate in West Virginia ranks among highest in world, in Martinsburg, February 25, 2021. Kevin Lamarque | Reuters Johnson & Johnson‘s Covid-19 vaccine can be used as a substitute for a second jab
The major indexes may be kicking off the month in rally mode, but PNC Financial’s Amanda Agati sees trouble under the hood. She believes the rotation into economically sensitive market groups from stay-at-home plays is overdone. “The value side of the equation — that ‘go outside’ trade — has really moved way too far and
Sen. Elizabeth Warren, D-Mass., holds a news conference to announce legislation that would tax the net worth of America’s wealthiest individuals at the U.S. Capitol on Mar. 1, 2021 in Washington. Chip Somodevilla | Getty Images News | Getty Images A slew of Democrats on Capitol Hill — including progressives Sen. Elizabeth Warren, D-Mass., and
A visual representation of digital currencies. Yuriko Nakao | Getty Images New York attorney general Letitia James sent a blistering warning to investors and industry members about the dangers of cryptocurrencies on Monday. “We’re sending a clear message to the entire industry that you either play by the rules or we will shut you down,”
Frustrated shocked man having problems, feel confused looking at laptop screen at office getty It’s the beginning of every American’s favorite time of the year … to hate: tax season. Starting on Feb 12th, the IRS started accepting tax returns for the 2020 tax year. Here are three of the most common tax season mistakes
Regulators and law enforcement are looking into flagrantly illegal “side letter” agreements which … [+] pay private equity investors aware of fraud to not tell unsuspecting others. getty While mutual fund investors are assured equal treatment under the federal securities laws, private equity funds are the Wild West—industry practice is to grant certain investors secret
Hispanolistic New $1,400 stimulus checks could be on the way to millions of Americans now that the House of Representatives has passed the latest coronavirus relief bill. The fate of those payments now rests in the hands of the Senate, which is due to begin considering the proposed legislation this week. The terms have called
KB Home, the Well-Living Lab, and Delos feature a “MindBreak” microenvironment in a new concept home … [+] showcasing pioneering health technologies in Phoenix. Image provided by KB Home To no one’s dismay, safer, healthier living through science has taken a firmer hold on Americans’ still widely-burning dream of homeownership. One homebuilder’s marketing website features
Tina Fey and Amy Poehler speak via livestream during the 78th Annual Golden Globe® Awards at The Rainbow Room on February 28, 2021 in New York City. Kevin Mazur | Getty Images Entertainment | Getty Images “Could this whole night have been an email?” co-host Tina Fey asked a small, socially distanced audience of first
Joggers pass the Marriner S. Eccles Federal Reserve building in Washington, D.C., on Tuesday, Aug. 18, 2020. Erin Scott | Bloomberg | Getty Images While the Federal Reserve may not raise its benchmark interest rate for years, there are growing expectations it may tweak policy soon to address some of the recent tumult in the
On Friday, Samantha John pitched Hopscotch, an app that teaches kids how to code by building games, to the Sharks on ABC’s “Shark Tank.” Over the last nine years, John turned her passion for programming into a profitable business. But “when I was a kid, I never thought that coding was for me. I was
Yellow Dog Prod. | Image Bank | Getty Images After a wild final week of a volatile month, it’s becoming increasingly clear that something is spooking investors. That something is the potential for a surge in inflation later this year. Investors are justifiably concerned that the combination of sustained Fed interest-rate suppression and trillions in
paper bag with groceries handed to needy elderly person in vehicle getty In this episode of Tax Notes Talk, Rebecca Thompson of Prosperity Now, a nonprofit based in Washington, D.C., discusses how the COVID-19 pandemic has affected low-income communities and families of color in the United States, and what tax policy tools could help them. The post
Virojt Changyencham | Moment | Getty Images The self-employed and gig workers are anxiously waiting for the Small Business Association to update guidelines to its Paycheck Protection Program, which could mean bigger loans for the group. The Biden administration announced last week changes to how the SBA will calculate forgivable loans for sole proprietors and
Health workers administer the Moderna COVID-19 vaccine to a couple in a car at a drive-thru … [+] vaccination event for residents 65 and older at Dewey O. Boster Park and Sports Complex on January 7, 2021 in Deltona, Florida. Employees of Volusia County and the Florida Department of Health provided 1,000 vaccinations on day
The challenges of teaching in-person or online have stretched educators to their limits. After nearly a full year of either putting themselves at risk in a classroom or struggling to reach students remotely, many now say they may change careers or simply quit. “Teachers have been feeling the brunt of how drastically this pandemic has