In this article AXP Surveys indicate a silver lining to the pandemic is a heightened commitment to “sustainable” travel by consumers. But as vaccinations lift travel prospects, hopes for a “green” recovery may have been overblown. Sustainable travel has grown in popularity in recent years as people have tried to mitigate the negative effects of
For long-term investors, daily headlines are distractions. Westend61 / Josep Rovirosa | Getty Images It’s no secret that Social Security is underfunded, and many Americans are struggling to scrape by on their monthly benefit checks. Now, congressional leaders have raised a key question on reforming the program. “Should we vote now or should we kick
The ability of holding companies to recover VAT on costs incurred continues to be hotly contested by HM Revenue & Customs. As such, companies must plan in a careful and timely manner to protect their VAT recovery regarding refinancing, restructuring deal transactions, and ongoing operating costs. There have been several recent developments in UK and
It seems as though actor and director Robert Redford is capitalizing on the real estate boom in the West, as he has officially listed his stunning Utah horse ranch for $4.9 million. Redford’s ranch, Horse Whisper Ranch, named after his 1998 movie The Horse Whisperer, is located 16 miles north of Sundance, Utah and spans
The coronavirus pandemic could provide boost to newer modes of transportation in China, such as making autonomous driving more mainstream, a panel of industry leaders told CNBC. The Covid-19 outbreak accelerated the commercialization of autonomous aerial vehicles — or driverless drones — which were used to transport goods, medical supplies and even passengers to and
BEIJING — Chinese dancer and TV host Jin Xing is confident the entertainment industry will return to normal, and that the arts will be more prized post-pandemic. In China, where stringent lockdowns helped control the domestic spread of Covid-19 within months, Jin’s private dance company was able to resume national touring last year, she told
Starship prototype SN8 flies above Boca Chica, Texas. SpaceX The leader of the Federal Aviation Administration’s space office defended Elon Musk’s SpaceX in front of Congress, despite the company launching a Starship prototype in December without authorization. The House Transportation and Infrastructure Committee held a hearing Wednesday on the FAA’s role in spaceflight, with the
Anchiy | E+ | Getty Images The age when older Americans must start making withdrawals from retirement accounts could change yet again. Under a provision in proposed retirement legislation pending in Congress, required minimum distributions, or RMDs, would start at age 75 by 2032, up from age 72 — which only took effect last year
Forensic investigations reveal that public pensions in states such as Pennsylvania, California, Tennessee, Rhode Island, North Carolina, and, most recently, Ohio, have long abandoned transparency, choosing instead to collaborate with Wall Street firms to eviscerate state public records laws and avoid accountability to stakeholders. Predictably, billions that could have been used to pay government workers
Still haven’t received your tax refund for tax year 2020? There were nearly 12 million returns in processing, according to the latest Internal Revenue Service filing season statistics, as of June 11—20 business days after the May 17, 2021 filing deadline and. That’s double the amount of returns in processing eight business days after the
It’s been a good month financially for tennis’s reigning men’s world #1, Novak Djokovic. Coming off his 19th Grand Slam title at Roland Garros last weekend, Djokovic last night sold his 2,421 square foot condo in Miami Beach’s exclusive Surfside neighborhood for $6 million. On top of the $1.69 million that he netted by capturing
It may seem counterintuitive to haggle over salary with a potential employer, but that is exactly what companies are expecting. Many hiring managers will give you a salary offer below their budget, because they are anticipating you will counter with a higher number, according to Tori Dunlap, founder of the woman-focused financial education company Her
A home is seen destroyed in the aftermath of Hurricane Delta in Creole, Louisiana, U.S., October 10, 2020. Picture taken with a drone. Adrees Latif | Reuters The first tropical system of the Atlantic hurricane season is forecast to make landfall in the U.S. by the end of the week, according to the National Hurricane
In this article F Ford CEO Jim Farley at the company’s new Rouge Electric Vehicle Center on May 18, 2021 ahead of remarks from President Joe Biden. Michael Wayland / CNBC DETROIT – Ford Motor on Thursday said its adjusted pretax earnings for the second quarter will “surpass its expectations” and be significantly better than
In this article FSR NVDA HNST A Nvidia logo is seen on the company’s building at an industry park on February 7, 2019 in Tianjin, China. VCG | Visual China Group | Getty Images CureVac — Shares of the German biopharmaceutical company continued to fall after it released primary efficacy results Wednesday for its Covid-19
Westend61 The market, as we know, is seductive, luring its participants skillfully until they are as hooked as the sea bass that can’t resist the shimmering flies we cast at them on Buzzards Bay. Poor fish. Poor buyers of bitcoin at $61,000, Snowflake at $380, and Teladoc at $290. But just because we fall for
The Marriner S. Eccles Federal Reserve building in Washington. Stefani Reynolds/Bloomberg via Getty Images The Federal Reserve’s new forecasts on interest rates and inflation don’t amount to much for investors and consumers, especially in the short term, according to financial advisors on CNBC’s FA Council. The Fed on Wednesday sped up its timeframe for raising
One of the unanticipated effects of the pandemic is that it has induced millions of workers to retire early. John, for example, who is now 62, had previously expected to work until 65 or 68. He has $1 million of financial assets, which makes him better off than many of the involuntary retirees, and the
Equity compensation for employees is booming. As stock markets surge, companies find rejuvenated value in granting equity to employees, not just to executives. Those employees, in turn, are getting ever more comfortable with stock investing via online trading apps. All of this means that the need for financial-planning advice is also booming, especially for employees
Mountain resort markets have been in high demand since the onset of the COVID-19 pandemic, sending prices soaring in hotspots such as Vail and Aspen. In Montana’s Flathead County, where Whitefish and Bigfork are located, there have been more than 90 sales of $1 million-plus in 2021. As a result, the average price for single-family