Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galica | CNBC JPMorgan Chase CEO Jamie Dimon has watched while a new breed of fintech players, led by PayPal, Square and tech giants around the world including e-commerce
Fuel prices are displayed at an Exxon Mobil Corp. gas station in Arlington, Virginia, U.S., on Wednesday, April 29, 2020. Andrew Harrer | Bloomberg | Getty Images Company: Exxon Mobil Corp. (XOM) Business: Engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products.
Angela Weiss | AFP | Getty Images Yet again, the Mega Millions jackpot has catapulted higher. The top prize is now a staggering $850 million — the third-largest in lottery history — following no ticket matching all numbers drawn Friday night. Then there’s Powerball: Its jackpot is an estimated $640 million for Saturday night’s drawing.
Sen. Tim Scott (R-SC) and Sean Parker tour the senator’s childhood neighborhood as an example of the areas that can see investment through the opportunity zone program. Evan Kafka for Forbes President-elect Joe Biden and his administration are keen to undo much of what their predecessors did. Yet when it comes to one flagging Trump
Snowbirds typically searching for sun are favoring nearby ski towns. getty Is the beach so last year? Searches of homes in ski towns were up nearly 36% year-over-year in the fourth quarter of 2020, according to a new report from realtor.com. Much of the increased demand is coming from residents of cold-weather Northern states, often
Justin Timberlake speaks during the Pepsi Super Bowl LII Halftime Show press conference February 1, 2018 in Minneapolis, Minnesota. Timothy A. Clary | AFP | Getty Images Coca-Cola and PepsiCo will not be promoting their namesake sodas with Super Bowl commercials this year. The decadeslong rivalry between the two cola brands is often put front
Check out the companies making headlines in midday trading. Zoom Video — Shares of the video conferencing giant popped nearly 2% after an analyst at Bernstein named the stock a top pick for 2021. The analyst said his call was based on the growth in Zoom’s Phone business. Exxon — The oil giant slid more
Virgin Galactic’s spacecraft Unity reaches space for the first time. Source: Virgin Galactic Ark Invest, which operates the largest actively managed exchange-traded fund, plans to add a “Space Exploration ETF” under the ticker ARKX, according to a securities filing on Wednesday. While the ETF’s constituents have yet to be announced, shares of space companies Virgin
FatCamera | E+ | Getty Images President-elect Joe Biden has a plan to help fix what he calls the immediate and acute child-care crisis in America. He unveiled his proposal on Thursday, as part of his sweeping $1.9 trillion coronavirus rescue package. “If left unaddressed, many child care providers will close — some permanently —
By Jonathan Littman and Susanna Camp, Next Avenue Entrepreneur Uwe Diegel successfully pitching his startup Courtesy of Uwe Diegel You may be surprised to hear it, but there’s never been a better time to pitch your startup. And for that, you can thank the pandemic. Entrepreneurship is being driven by massive layoffs and the realization
Jovita Carranza, administrator of the U.S. Small Business Administration, testifies at a Senate Small Business and Entrepreneurship Committee hearing on June 10, 2020 in Washington. Al Drago-Pool/Getty Images) Second EIDL grants That may confuse business owners, since the $900 billion Covid relief package passed last month allows some companies to get a second EIDL grant.
Having been a return-preparing tax professional for the last 40+ years, I annually prepare a top-ten list of concerns about the filing season ahead. Earlier today IRS Commissioner Rettig announced that the upcoming filing season start date will be delayed. IRS will begin accepting tax returns on February 12. I can almost hear the groans across this country
The Arches is emblematic of the new luxury construction taking place in the Mott Haven nook of the … [+] South Bronx. EXR/The Arches No one who has read Robert A. Caro’s Pulitzer Prize-winning The Power Broker is likely to ever forget the author’s depiction of the Bronx of the early 1950s. Then cradling some
President-elect Joe Biden plans to use FEMA and the National Guard to build coronavirus vaccine clinics across the United States, according to new details of his Covid-19 vaccination plan released by his transition team on Friday. The Biden administration will also “quickly jumpstart” efforts to make the vaccines available at local pharmacies across the U.S.,
President-elect Joe Biden’s proposed stimulus plan is the right medicine for an economy likely to see substandard growth in the first half of 2021, Boston Federal Reserve President Eric Rosengren said Friday. As the first central bank official called to publicly speak on the Biden plan, he said he was comfortable with the aggressive fiscal
One of the biggest personal money lessons I learned in terms of sticking to your convictions and taking risks came from an investment I made when I was only 22. I put a deposit down on a new construction condominium unit in what at the time was a little-known area in Brooklyn called Dumbo, which
Jane Fraser, chief executive officer for Latin American at Citigroup Inc., 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 is scheduled to report fourth-quarter earnings before the opening bell Friday. Here’s what Wall Street expects: Earnings: $1.34 a
The Internal Revenue Service (IRS) building in Washington, D.C. Getty Images The IRS is delaying the start of the 2020 tax filing season to Feb. 12, according to an announcement from the agency. On that date, the IRS will start accepting and processing last year’s tax returns. Normally, the agency opens tax season in late
Hundreds of people line up to receive food and goods distributed by volunteers from the Chelsea … [+] Collaborative Inc. outside the Pan Y Cafe in Chelsea, Massachusetts on April 14, 2020. – Cmany families not eligible for state and federal help. (Photo by Joseph Prezioso / AFP) (Photo by JOSEPH PREZIOSO/AFP via Getty Images)
A usually busy Main Street in Livingston , Montana after Governor Steve Bullock order the closing of restaurants, bars, and theaters on March 20, 2020 in response to the coronavirus pandemic. William Campbell | Corbis via Getty Images As President-elect Joe Biden lays out his sweeping $1.9 trillion economic plan and response to the pandemic,