Eric Wu, cofounder and CEO of Opendoor, pictured in 2018. (Photographer: David Paul Morris/Bloomberg) © 2018 Bloomberg Finance LP Barely a month after going public as part of the SPAC boom, Opendoor is raising money once again. On Tuesday, the company announced that it plans to sell another 24 million shares of common stock—worth approximately
By Chris Farrell, Next Avenue SAN MATEO, CALIFORNIA – AUGUST 19: A firefighter tries to put out the wildfire on August 19, 2020 in … [+] San Mateo, California. (Photo by Liu Guanguan/China News Service via Getty Images) China News Service via Getty Images Do you get the sense that disasters like blizzards, hurricanes, wildfires,
A man waits for pharmacist Joe Borge in Danvers, MA on Feb. 1, 2021. On the first day of Phase 2 of the COVID-19 rollout, seniors, 75 and over, get vaccinated in the Walgreens Pharmacy, at 107 High Street, in Danvers. Pat Greenhouse | Boston Globe | Getty Images The U.S. will increase its weekly
Saul Loeb | AFP | Getty Images Amazon is set to announce its fourth-quarter earnings after the bell on Tuesday. Here’s what Wall Street is expecting: Earnings: $7.23 per share forecast by Refinitiv Revenue: $119.7 billion forecast by Refinitiv If Amazon meets analysts’ expectations, it will be the first time the company books $100 billion in revenue
Dominik Osswald/Bloomberg via Getty Images Is silver the new GameStop? The question lingered Monday as the metal rallied, suggesting it was the market’s next hot-ticket item. The answer is both yes and no — and they both signal investors should tread cautiously. Silver prices hit an 8-year high on Monday, jumping to $29 an
Miami Herald | Tribune News Service | Getty Images The next stimulus checks could be smaller than $1,400 and reach fewer people if a new plan put forward by some Republican senators is approved. The new proposal from a group of 10 GOP lawmakers calls for $1,000 checks per person, rather than the $1,400 sum
[This livestream is scheduled to begin momentarily. Please refresh the page if you do not see the player above.] SpaceX is preparing to launch the latest prototype of its next-generation Starship rocket on Tuesday, in the second high-altitude flight test of the system. Starship prototype Serial Number 9, or SN9, will fly as high as
Tiffany Hagler-Geard | Bloomberg | Getty Images GameStop, AMC Entertainment, BlackBerry, Dogecoin and silver – all have been subject to epic rallies and falls in recent days, spurred by droves of retail investors driving up prices and then selling. While it may be tempting to pile into an asset that’s seen such rapid growth, financial
A lot has changed in the last year. But the drastic shifts to society and the economy caused by coronavirus can present new opportunities for you to use your skills as an entrepreneur, according to best-selling author Patrice Washington. Washington lost her real estate business in 2008 and spent the next decade building a new
Economic Security Planning, Inc. Today’s column addresses questions about whether or not benefits lost to Social Security’s earnings test are actually repaid at full retirement age, suspending retirement benefits and filing for spousal benefits after taking early retirement benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of
Sharon and John Dumont pose before the plaque denoting that the Commodore Inn is on the National … [+] Register of Historic Places Commodore Inn When Sharon and John Dumont took on the restoration of the 1892 Hughes House in Clifton, Tennessee in 2016, they also began the process of listing the handsome structure on
A driver for an independent contractor wears a protective mask while operating a delivery truck to delivery N95 respirator masks outside a United Parcel Service Inc. (UPS) Ground sorting facility in Louisville, Kentucky, U.S., on Monday, April 13, 2020. Luke Sharrett | Bloomberg | Getty Images Shares of UPS jumped by about 4% in premarket
Pfizer’s Global Supply facility in Kalamazoo, Michigan, on December 11, 2020. Jeff Kowalsky | AFP | Getty Images Pfizer said Tuesday it expects to sell about $15 billion in coronavirus vaccine doses this year. The company’s Covid-19 vaccine, which it’s making with German partner BioNTech, was the first approved for emergency use in the U.S.
Cameron (L) and Tyler (R) Winklevoss. Adam Jeffery | CNBC Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, is launching a savings scheme for its U.S. users. From Tuesday, the Gemini app will add a new service called “Earn” that lets clients move their holdings in cryptocurrencies like bitcoin, ether and litecoin into
Indonesia is renowned for its millions of traditional family-owned street stalls, or “warungs.” But behind the scenes of many of them is a multibillion-dollar business. And as it helps small businesses modernize, retail start-up Bukalapak is hoping to revive an iconic segment of the country’s economy. “Every maybe 50 or 100 houses, there will be one of
Peak GameStop? GameStop’s volume and volatility has been much lower this week than in the prior six days. This is also true of other heavily shorted names like Bed Bath and Beyond, Express and AMC. What’s going on? Chris Murphy, co-head of derivative strategy at Susquehanna Financial Group, ticked off the signs that the endgame
Protestors call for a $15 minimum wage outside of McDonald’s corporate headquarters in Chicago on Jan. 15, 2021. Scott Olson | Getty Images A $15 per hour federal minimum wage may be closer than ever, as Democrats in Congress push to pass legislation that includes the pay boost through a sped-up process that doesn’t require
If you haven’t received all of your IRS Forms 1099 in the mail already, you should soon. These critical tax forms arrive in late January or early February and report how much you were paid in the prior calendar year. Don’t ignore these forms, as each one includes your Social Security number and will be matched
Carrie is the CEO of Carrie Bobb & Co, CEO of hellojenny, Co-Founder of The Carrie Bobb Foundation, a wife and mom to three kids & a doodle. getty The strength of a personal brand on a digital platform is directly correlated with the strength of actual relationships. It only counts if it’s real. If
The first major snowstorm of 2021 is underway, with power outages hitting New Jersey, a state of emergency declared across 44 counties in New York state, and the largest recorded snowfall at Chicago O’Hare Airport since 2015. As of midday Monday, about 1,500 customers in New Jersey were without power, Gov. Phil Murphy said on