Signage is displayed outside the Campbell Soup Co. factory in Toronto, Ontario, Canada. Cole Burston | Bloomberg | Getty Images This week, Wall Street looked to Washington as lawmakers tried to reach an agreement on a coronavirus relief package before the end of the year. Both sides of the aisle appeared far from striking
AscentXmedia | iStock | Getty Images When it comes to managing money, most everybody has doubts as to whether they’re doing it right. So you may breathe a sigh of relief to know that no one is crazy, according to Morgan Housel, author of the book “The Psychology of Money.” That goes for both the
CNBC’s “College Voices 2020” is a series written by CNBC fall interns from universities across the country about coming of age, getting their college education and launching their careers during these extraordinary times. Danial Khan is a student from UC Berkeley studying electrical engineering & computer science as well as industrial engineering & operations research.
Economic Security Planning, Inc. Today’s column addresses questions about whether stopping work years before filing will reduce retirement benefits, effects of an ex filing on a spouse’s record, disability benefits converting to retirement benefit and the Government Pension Offset. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of
The next owner of this estate in Nice, France, may want to stock up on gin, vermouth and olives. The restored chateau, portions of which date to the 17th century, was once the property of the Count de Martini. And although the classic American cocktail isn’t named after this onetime homeowner, his story certainly makes
The first Covid vaccine has just been cleared for emergency use in the U.S. Late Friday, the Food and Drug Administration authorized the Pfizer–BioNTech coronavirus inoculation for distribution across the country. Within hours, FedEx and United Parcel Service will begin shipping 2.9 million doses of the vaccine from Pfizer plants to hospitals, clinics, and other
It appears that lawmakers on both sides of the aisle are in favor of extending the student loan forbearance. Al Drago/Bloomberg via Getty Images Student loan borrowers may not have to worry about their monthly bills until at least May of next year. In a summary of bipartisan legislation circulated on Wednesday that could become
The angular design of the home creates an entertainment cove outdoors Jeremy Spann/Hilton & Hyland The place where comedian Jerry Seinfeld lived—or didn’t, depending how you look at it—during most of his years filming his famous sitcom has come back on the market with several adjoining parcels also available for sale. Seinfeld purchased the home
US President Donald Trump joins West Point cadets during the Army-Navy football game at Michie Stadium on December 12, 2020 in West Point, New York. Brendan Smialowski | AFP | Getty Images President Donald Trump did not wear a mask for some time while standing closely to West Point cadets and Naval Academy midshipmen —
The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. Tim Clayton – Corbis | Corbis Sport | Getty Images SINGAPORE — While there’s “nothing new” to sustainable investing, technology has made it easier to state the financial case for considering non-financial metrics, according to JPMorgan.
In a classic lesson of buying low and selling high, CNBC’s Jim Cramer on Thursday recommended investors trim their holdings in a number of speculative stocks he recently said are worth owning. After some of the stock picks put up triple-digit gains in a short timeframe, he advises trading at least the cost basis, or
In this unusual holiday season, many consumers have said they plan to spend less than they did last year due to the Covid-19 crisis. Not all plan to be frugal. Here are answers to some financial questions I received from CNBC viewers about holiday budgeting and keeping your finances straight going into the New Year.
Thoughtful mature woman working at laptop thinking about the pandemic and whether she should retire … [+] now. getty The pandemic is wearing everyone out, and Baby Boomers are no exception. Individuals who were planning to retire two or three years from now are changing their minds. In the third quarter of 2020, Pew Research
Hand holds documents Captive insurance about insurance. getty The Supreme Court rarely hears tax cases which makes the recent oral arguments in CIC Services v IRS exciting. That is about all that makes them exciting to ordinary mortals as what was going on at the Supreme Court was an argument about whether they could have
How will you upgrade your home in 2021? getty The relationship we all have with our living spaces has changed significantly this year. Thinking ahead to 2021, it’s time to re-evaluate how we live in our homes. But if 2020 has taught us anything, it’s that the future is impossible to predict. However, the one
Virgin Galactic’s carrier aircraft releases its spacecraft Unity during a glide flight test. Virgin Galactic Virgin Galactic confirmed its latest spaceflight test was cut short after its SpaceShipTwo Unity vehicle attempted to launch above New Mexico on Saturday. An unofficial webcast hosted by space enthusiast forum NASASpaceflight appeared to show the spacecraft’s engine aborted after
At 30 years old, Nick Molnar is Australia’s youngest self-made billionaire. The young entrepreneur shot to fame and fortune as the co-founder and co-CEO of Afterpay, a deferred payments platform that allows users to stagger the cost of their purchases over regular, interest-free instalments. This year, the company has surged under a coronavirus-induced shift to
Jeffrey Ubben Source: BusinessWire Activist Jeff Ubben thinks the market is mistakenly underappreciating Strategic Education because it is a for-profit education company. His firm, Inclusive Capital, has a more than 5% stake in Strategic Education. Since early June, the stock is down more than 40%, while the S&P 500 has rallied more than 12%. For-profit
Roger Ferguson sees a bright light ahead for investors, but only at the end of a dark tunnel. Ferguson, 69, is president and chief executive officer of TIAA. He is the former vice chairman of the Board of Governors of the U.S. Federal Reserve System. He also represented the Federal Reserve on several international policy
An often-overlooked component of a comprehensive retirement plan is an estate plan. Most people are still employed when they begin their planning, and they see retirement as the next step in life’s journey. As I used to tell clients, however, “while I want to bet for you, not against you, it’s still important to consider