An artist’s rendering of a Momentus Vigoride transfer vehicle deploying a satellite in orbit. Momentus Space company Momentus will later this week go public on the Nasdaq, a month after settling Securities and Exchange Commission charges that it misled investors. Stable Road Acquisition Corp, a special purpose acquisition company or SPAC, on Wednesday announced its
Money in a special needs trust can cover supplemental needs not covered by Medicaid and SSI. Uwe Umstaetter | Getty Images Democratic leaders in Washington, D.C., have touted a $3.5 trillion spending package aimed at helping to fight poverty. Yet initial drafts have not included proposed reforms to enhance Supplemental Security Income — also known
Sen. Chuck Grassley, R-Iowa, during Attorney General nominee Merrick Garland’s confirmation hearing before the Senate Judiciary Committee on Feb. 22, 2021. Demetrius Freeman | Pool | Reuters The Senate approved a $3.5 trillion budget resolution early Wednesday after 14 hours of debate. Voting along party lines, Democrats blocked an amendment from Sen. Chuck Grassley, R-Iowa,
Jessica Brooks Any aspiring entrepreneur hoping to get “Shark” Kevin O’Leary’s attention with a business pitch better be able to answer this question: What’s the next big thing for small business? If you think it’s bitcoin or blockchain, guess again. The “Shark Tank” co-host and host of CNBC’s “Money Court,” which premieres Wednesday night, says
Until now, the Biden Administration and congressional Democrats have focused on Medicaid’s home-based long-term care program. This week, powerful Hill Democrats turned their attention to nursing homes. And they are offering a tough bargain: More funding in exchange for significant staffing reform. They also are proposing a major federal initiative to encourage the development of
On August 10th, the Senate approved 69-30 the Infrastructure Investment and Jobs Act (H.R. 3684), a bipartisan infrastructure package that makes investments in roads, bridges, broadband, water, and power, IRS cryptocurrency reporting and other provisions. The Senate has proposed that the bill will be partially paid for with unused COVID funds. The misnomer in that statement is
Fifteenth-century France was a time of civil unrest, with factions warring for control of the country. So how appropriate that this medieval lodging house from the era is fortified with high walls and a watchtower – the state-of-the-art security system of the day. Today the stone chateau outside Angouleme, in the south Charente region of
Impossible Foods’ meatless sausage Source: Impossible Foods Impossible Foods’ meatless sausage is finally coming to grocery stores, starting Wednesday. The company first rolled out the sausage alternative to restaurants nationwide last June after launching it at U.S. locations of Restaurant Brand International’s Burger King and Starbucks. Like its Impossible Burger, the plant-based sausage contains soy
Coinbase employees spray champagne during the company’s initial public offering (IPO) outside the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images If you had any lingering doubts about the growth of fintech, take a peek at Tuesday night’s earnings reports from two newly-public companies. Cryptocurrency
The Peace Bridge is a cycle and footbridge bridge across the River Foyle in Londonderry, Northern Ireland. It opened on 25 June 2011, connecting Ebrington Square with the rest of the city centre. Shaun Egan | Photodisc | Getty Images Londonderry, in Northern Ireland was found to be the most affordable U.K. city for buying
In this article PYPL The Ebay Inc. Venmo application (app). Andrew Harrer | Bloomberg | Getty Images Venmo launched a credit card feature Tuesday that allows users to convert their cash-back rewards into bitcoin and other cryptocurrencies. The development is part of the broader crypto strategy of Venmo parent PayPal. The company launched a business
BROOK PIFER | Stone | Getty Images Investors know they shouldn’t let emotions or impulses drive their investing choices, but many just can’t help themselves, according to a survey from personal finance website Magnify Money. A majority, or 58%, of investor respondents agreed their portfolio performs better when emotions are left out of the equation.
Deferred compensation plans have become an integral way to save for retirement. They typically come in two general forms. The first is a qualified deferred compensation plan that is governed by ERISA rules, which include the more familiar 401(k) and 403(b) plans. The second is less common and technically known as a non-qualified deferred compensation
Sales and trading in nonfungible tokens (or NFTs) have gone from increasing to skyrocketing. They’re new. Their values can be volatile. But for those with U.S. tax obligations they can also be a goldmine for the IRS. Why? Because unlike most other forms of income and assets, NFTs can create multiple taxation events for both
Laura Ellis is president of residential sales and the executive vice president of Chicago-based Baird & Warner. Last summer after the start of the pandemic, we saw the housing market escalate with swift sales and soaring prices as people realized they wanted a change of scenery, more space or both. This year, dynamics continue to break
A damning new U.N. report warning of certain devastation from climate change has been dubbed humanity’s “final wake-up call” by environmental experts. Speaking to CNBC Tuesday, environmentalists outlined the role companies, countries and individuals can play in stemming the crisis. They also shared their hopes for the 26th UN Climate Change Conference of the Parties,
In this article DOCS Jeff Tangney, CEO, of Doximity at the New York Stock Exchange for their IPO, June 24, 2021. Source: NYSE Doximity shares jumped as much as 10% in extended trading Tuesday after the online health company, which held its stock market debut in June, said quarterly revenue doubled. Here’s how the company
In this article IYG U.S. stock index futures were flat during overnight trading on Tuesday, after the Dow and S&P 500 closed at record highs following the Senate passing the $1 trillion infrastructure bill. Futures contracts tied to the Dow Jones Industrial Average were slightly higher. S&P 500 futures and Nasdaq 100 futures were flat.
Former Theranos CEO Elizabeth Holmes (center) and her counsel exit court on June 15, 2021. Holmes is scheduled to face trial for wire fraud and other charges later in the year. CNBC The federal judge in former Theranos CEO Elizabeth Holmes’ fraud trial is considering whether to unseal details about her psychological evaluation as part
Jane Fraser speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup told employees that they’ll need to get the Covid-19 vaccination before returning to its offices, becoming one of the only major U.S. banks to take that stance. The