Florida Gov. Ron DeSantis speaks during a press conference held at the Florida National Guard Robert A. Ballard Armory on June 07, 2021 in Miami, Florida. Joe Raedle | Getty Images Florida and Alabama will no longer report daily Covid cases and fatalities as vaccinations rise and states begin shifting to the “next phase” of
Source: Clover Health Passionate day traders glued to their Reddit message boards have found some new targets — Clover Health and Wendy’s — pushing shares up double digits on Tuesday. Shares of Clover Health, a Medicare insurance start-up that went public via Chamath Palihapitiya’s SPAC, jumped 45% on Tuesday after surging 32% in the previous
An artist’s rendition of a Terran R rocket launching to orbit. Relativity Space 3D-printing specialist Relativity Space raised $650 million to step up work on a fully reusable rocket that will attempt to challenge Elon Musk’s SpaceX in less than three years, the company announced on Tuesday. The money will be used “to accelerate some
Older couple meeting with a financial advisor Getty Images Inflation is a top concern as investors fret about the rising cost of groceries, housing, gasoline and other living expenses. The May Consumer Price Index, a key inflation gauge, will be revealed on Thursday and may be higher after an alarming spike in April. “Clients are
MoMo Productions | Stone | Getty Images LGBTQ small business owners are confident about their post-pandemic recovery, but more than 78% don’t have a succession plan in place, according to a new CNBC + Acorns and NGLCC Small Business Owner Financial Health Survey. Since many small businesses are handed down generation to generation, that’s really
Retiree Sylva Coppock had some strong interests and hobbies before she left the workplace in her early 70s. She had worked as a desktop publisher, graphic designer, and executive assistant. When she retired, the plan was to just pursue hobbies. “I loved doing ancestry research,” said Coppock. “I spent a great deal of my free
This past Saturday finance officials from the U.S., Britain, Germany, Japan, France, Italy and Canada—the so-called G7–concocted a scheme for imposing a worldwide minimum corporate tax on large international companies of “at least 15%.” But this episode of What’s Ahead warns that the agreement is only the first in a series of future deals to raise
Generation after generation of one household from the village of Orléat in central France has walked the same grounds for some 400 years. This sand-colored stone castle in the Auvergne-Rhône-Alpes region has been passed down within the family since it was built in the 17th century. Over the years, events put on by the owners
In this article BIIB Dementia expert Dr. Jason Karlawish told CNBC he’s skeptical of the Food and Drug Administration’s approval of Biogen‘s Alzheimer’s disease drug, Aduhelm, saying “the evidence to approve the drug wasn’t sufficient.” “Another study is needed to establish whether this drug, in fact, is effective. Unfortunately, the FDA approved the drug for
BTIG’s Julian Emanuel believes the Reddit frenzy will play a major role in a deep market sell-off this summer. On CNBC’s “Trading Nation” on Monday, Emanuel compared the current backdrop to late January when the mania was firing on all cylinders. Weeks later, wild swings pressured the major indexes as retail investors took profits. “We all
In this article .BBKA A customer shops for meat at a Costco store on May 24, 2021 in Novato, California. Justin Sullivan | Getty Images Inflation may look like a problem that will go away, but is more likely to persist and lead to a crisis in the years ahead, according to a warning from
zimmytws | iStock | Getty Images President Joe Biden’s 2022 budget could give the Social Security Administration a $1.3 billion — or 9.7% — boost in funding. In total, the president is calling for $14.2 billion for the agency for fiscal year 2022. The proposed increase comes as the Social Security Administration expects to pay
A Help Wanted sign in the Queens borough of New York on June 4, 2021. Spencer Platt | Getty Images News | Getty Images There are 25 states ending their participation in federal unemployment programs early — some as soon as this week. Alaska, Iowa, Mississippi and Missouri will be the first to opt out
Earlier today, the FDA gave its approval to a new Alzheimer’s medication, the first to be approved in nearly 20 years: aducanumab, given the brand name Aduhelm. The wife of one patient, cited in the New York Times NYT credited it with slowing disease progression “enough to allow him to participate in tasks like choosing
Season 3 of The Kominsky Method is now streaming on Netflix NFLX , starring Michael Douglas as an aging actor who owns and operates an acting studio. With apologies for being late* to the party, season one features a story line with massive IRS problems that the fictional Sandy Kominsky and his acting studio must
Old homes are a snapshot into history. Unique features like crown molding, wainscoting, arched doorways and stained glass windows make a statement that’s difficult to replicate with newer construction. If you’re looking to put down roots in a vintage home, consider that historic charm can outweigh the most tempting of today’s amenities. Some buyers seek
In this article FIVE Five Below CEO Joel Anderson told CNBC on Monday that the discount retailer is well positioned to handle inflationary pressures during the pandemic economic recovery. “As inflation emerges, we can approach it both ways: either with moving the top-line retail or else creating more value for our customers,” Anderson said in an interview on
In this article SFIX The Stitch Fix application for download in the Apple App Store on a smartphone arranged in Hastings-on-Hudson, New York, U.S., on Saturday, June 5, 2021. Stitch Fix Inc. is scheduled to release earning on June 7. Tiffany Hagler-Geard | Bloomberg | Getty Images Stitch Fix shares soared on Monday after the
In this article .SPX .DJI Traders on the floor of the New York Stock Exchange Source: NYSE Stock futures are flat in overnight trading Monday after the Dow and S&P 500 each started the week lower. Futures on the Dow Jones Industrial Average fell 13 points, or 0.04%. S&P 500 futures ticked 0.01% higher and
Amazon CEO Jeff Bezos Alex Wong | Getty Images Going to space like Amazon founder Jeff Bezos comes with a hefty price tag. Bezos – the richest person in the world – will participate in the first passenger flight his space company, Blue Origin, is making, he announced Monday. The voyage will take place on