Medical personnel move a deceased patient to a refrigerated truck serving as make shift morgues at Brooklyn Hospital Center on April 09, 2020 in New York City. Angela Weiss | AFP | Getty Images The World Health Organization cautioned world leaders Monday about reports that the coronavirus is “losing potency,” saying “this is still a
A logo for Pfizer is displayed on a monitor on the floor at the New York Stock Exchange, July 29, 2019. Brendan McDermid | Reuters Check out the companies making headlines midday Monday: Pfizer — Pfizer dropped more than 8% after the pharmaceutical giant reported disappointing results from its breast-cancer drug trial. The trial is
Traders work on the floor at the opening bell of the Dow Industrial Average at the New York Stock Exchange on March 18, 2020 in New York. Bryan R. Smith | AFP | Getty Images Chief financial officers of major corporations around the globe are more likely to believe the Dow Jones Industrial Average will
The coronavirus may have you thinking more about your mortality. After all, what if…? Pandemic or not, it’s important to consider what would happen to your bank accounts, your home, your belongings — i.e., everything you own — and, perhaps, your dependents, if you’re no longer here. In other words, you should prepare a will
In 2016, after accumulating close to $1 million in savings, I quit my six-figure job in software development and retired at 35. A few months later, my wife Courtney joined me in early retirement. Not everyone will be able to retire in their 30s, but achieving financial independence is within grasp for many. It may
CFOs of major corporations around the globe are increasingly certain of a negative coronavirus impact on their business in 2020. iStock/ Getty Images Plus / MicroStockHub Nearly half (48.8%) of leading chief financial officers surveyed in the latest CNBC Global CFO Council Survey say the Covid-19 pandemic will have a “negative” impact on their companies
Red flags fly in front of the Great Hall of the People as the third session of the 13th National People’s Congress (NPC) opens on May 22, 2020 in Beijing, China. Du Yang | China News Service | Getty Images BEIJING — The U.S.-China relationship is at a critical turning point, analysts say, and hints
Steven Mnuchin, U.S. Treasury secretary, holds up a debit card to be used to distribute Covid-19 relief funds to the public during a cabinet meeting in the East Room of the White House in Washington, D.C., U.S., on Tuesday, May 19, 2020. Kevin Dietsch | Bloomberg | Getty Images Have you received a pre-paid debit
Self-made billionaire and Microsoft co-founder Bill Gates doesn’t recommend many business books. “In my experience, it is rare to find one that really captures what it’s like to build and operate an organization or that has tips you could really put into practice,” he writes on his blog, GatesNotes. But there’s a new business book
Workers make toys at a plastic product factory in Zhangjiajie, central China’s Hunan Province, May 27, 2020. Xue Yuge | Xinhua News Agency | Getty Images A private survey showed manufacturing activity in China expanded for the month of May. The Caixin/Markit Manufacturing Purchasing Manager’s Index came in at 50.7 for May. PMI readings above 50 indicate expansion, while
A view of the Fearless Girl with New York Stock Exchange in Wall Street in the backdrop amid Coronavirus Pandemic on April 5, 2020. John Nacion | NurPhoto | Getty Images U.S. stock futures fell on Sunday night as Wall Street was set to kick off June trading on a sour note after consecutive monthly
Gary John Norman | Getty Images At the private retirement community where 90-year-old Lee lives in Charlottesville, Virginia, the last scheduled social event was a Valentine’s Day dance in February. A few weeks later, as the coronavirus pandemic took hold in the U.S., the Centers for Disease Control and Prevention advised anyone 60 or older
Now that the weather is warming up and Covid-19 pandemic stay-at-home orders are lifting across the country, many people are antsy to get out there and travel after a brutal cooped-up spring. And while hitting the road may be a good idea for both the economy and the country’s collective mental health, it’s not risk
New York Gov. Andrew Cuomo conducts a news conference on the COVID-19 pandemic at the National Press Club in Washington D.C., after a meeting with President Trump at the White House on Wednesday, May 27, 2020. Tom Williams | CQ-Roll Call | Getty Images New York City, closed down due to the coronavirus pandemic, is
Jeff Bezos, founder and CEO of Amazon, pictured on September 13, 2018. Bloomberg | Getty Images Jeff Bezos is investing in U.K. digital freight forwarding and supply chain finance firm Beacon, Sky News reported Sunday, without stating its sources. The Amazon CEO and world’s richest man is taking part in Series A fundraising worth $15
Workers who can do their jobs from home are being forced to do so by the coronavirus, and many of these workers feel fortunate, even if they feel that they are working harder. Miguel Pereira | Getty Images As the coronavirus has forced businesses, restaurants, stores and theaters across the country to shut down, a
On Friday, May 22, I flew from Los Angeles, where I currently live, back home to Charlotte, North Carolina, to be closer to family right now. Planes have been flying emptier the past few months: U.S. air travel demand is down about 90% from a year ago and 73% of U.S. flights are less than
Walt Disney World Getty Images | Dan Anderson Walt Disney World received approval from the state of Florida to reopen its four Orlando-based theme parks starting July 11. Magic Kingdom and Animal Kingdom will open first, on July 11. Then, Epcot and Hollywood Studios will follow on July 15. Disney submitted its reopening plans on
For some, this is a chance to save like never before. The personal savings rate hit a historic 33% in April, the U.S. Bureau of Economic Analysis said Friday, by far the highest level of saving since the department started tracking data in the 1960s. With Americans largely sheltering at home, this historical spike in
Like Apple‘s, Google‘s and Amazon‘s founders before him, in 2013 Chieh Huang launched bulk grocery and household goods e-commerce company Boxed out of a garage — his parents’ two-car garage in New Jersey, to be exact. In 2018, Huang sold a minority stake in Boxed to Japan’s Aeon Group, in a deal that valued the company at $600