Certain jobs and industries are benefiting from enhanced unemployment pay more than others — and have the most to gain from an extension of benefits. Workers in lower-paying sectors of the economy, such as accommodation and food services, benefit more from the unemployment increase than those in finance and insurance that pay workers better. And the difference
The Italian national aerobatic team, the Frecce Tricolore, flies over the Piazza Duomo of Milan on May 25, 2020 in Milan, Italy. Restaurants, bars, cafes, hairdressers and other shops have reopened, subject to social distancing measures, after more than two months of a nationwide lockdown meant to curb the spread of Covid-19. Pietro D’Aprano Italians
Small caps just had a big week. The Russell 2000 index climbed almost 8% last week as the health-care-heavy group caught a bounce from positive news on the biotech front regarding a possible coronavirus vaccine. The S&P 500 rose just over 3% in the same time frame. And the group’s exposure to the health-care space isn’t
An empty road leads into a deserted Disney resort after it was closed due to the COVID-19 pandemic in Kissimmee, Florida on May 5, 2020. Daniel Slim | AFP | Getty Images Check out the companies making headlines after the bell. Tractor Supply Company — The farm supplies retailer’s stock shot up 7% in extended
Growing up, Elon Musk read plenty of books but was especially inspired by science fiction. The genre motivated him to create “cleaner energy technology or [build] spaceships to extend the human species’s reach” in the future, according to the book “Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future” by Ashlee Vance. With these goals in mind, Musk
JP Morgan Chase & Co. Chairman & Chief Executive Officer Jamie Dimon testifies before the House Financial Services Committee on accountability for megabanks in the Rayburn House Office Building on Capitol Hill in Washington, DC on April 10, 2019. Mandel Ngan | AFP | Getty Images JPMorgan Chase shares rose Tuesday after CEO Jamie Dimon called the
Medical workers transport a patient outside a special Covid-19 area at Maimonides Medical Center in Brooklyn, New York, on May 17. Johannes Eisele | Getty Images If you’re collecting more on unemployment than what you earned while working, it could affect how much you pay for health insurance. For households that bought coverage through one
Newell Brands: “Well, you’re bottom fishing and a bottom fisher can make a couple of bucks, but I like quality and Newell Brands is not high quality. It does not have a great balance sheet.” Caesars Entertainment: “I like Penn National Gaming … That’s my one.” Schrodinger: “We like this one for … one of
As more businesses reopen amid the coronavirus pandemic, dental practices are considering enhanced measures to clean their facilities and equipment, as well as protect their patients and staff. One of these tactics involves the use of ultraviolet light to sanitize the air, surfaces and equipment in dental offices. Disinfecting with UV light products is widely
Mic’Kale Smith, who works as a security guard but has had to take time off to care for her son during the coronavirus disease (COVID-19) outbreak, wears a face mask as she shops with her son Da’Mier at the Tiger Market in Oxon Hill, Maryland, May 20, 2020. Jonathan Ernst | Reuters Consumer confidence unexpectedly
There is a strong correlation between how much money we make and how satisfied we are with our lives. An often cited 2010 study about salary and happiness found that our happiness increases up until we reach the $75,000 mark. Then, it plateaus. We spoke with today’s top happiness experts to see how that finding
The SpaceX Falcon 9 rocket and Crew Dragon capsule stand upright on the launchpad at NASA’s Kennedy Space Center ahead of the Demo-2 launch. SpaceX raised well over the $500 million it was seeking in its most recent funding round, filings with the Securities and Exchange Commission reveal. Elon Musk’s space company on Tuesday filed
This year, students may need extra help to make college a reality. Amid the coronavirus crisis and sky-high unemployment rates, less than half of families feel confident in their ability to meet the costs of higher education, according to education lender Sallie Mae. About 69% of parents and 55% of students entering college in the
Southwest Airlines Boeing 737 MAX aircraft are parked on the tarmac after being grounded, at the Southern California Logistics Airport in Victorville, California on March 28, 2019. Mark Ralston | AFP | Getty Images Check out the companies making headlines in midday trading. United, American, Delta, Southwest — Airlines, which are positioned to benefit from the economy reopening,
Invesco’s Kristina Hooper warns the coronavirus is not the biggest threat to the market. She sees flaring U.S.-China trade tensions potentially doing the most harm to stocks. “The pandemic has largely been isolated and neutralized because of all the monetary policy support that the Fed has provided,” she told CNBC’s “Trading Nation” on Friday. “That
While non-essential travel may be out for the foreseeable future, wanderlust is still going strong. Proof? These are the Airbnb rentals at destinations around the world that users have been saving the most on “wish lists” since the pandemic began. (Data was compiled by Airbnb from March 11 to May 4.) Singaraja, Bali, Indonesia This two-bedroom villa
Never heard of “travel bubbles” or “air bridges”? Read on because what you learn just might save your summer vacation now that we are in the coronavirus era. With little clarity on when the pandemic might end, many Europeans have already given up on the idea of a summer getaway. But some countries, desperate to salvage this
The New York Stock Exchange (NYSE) stands in lower Manhattan on May 18, 2020 in New York City. Markets surged today as promising details of a potential COVID-19 vaccine were released and more European countries gradually re-opened after months of lockdown. Spencer Platt | Getty Images Stocks futures opened higher in overnight trading Monday to
We live in an increasingly stressful world, which is why it has never been more important to foster emotional and mental resiliency in our children. Not only are mentally strong kids better prepared to tackle future problems on their own, but studies have found that they’re also more likely to be engaged in school and
Dr Greg Gulbransen performs a medical checkup on a 72-year-old man with Leukemia who is presumed to have the coronavirus disease (COVID-19) while at his pediatric practice in Oyster Bay, New York, U.S., April 13, 2020. Lucas Jackson | Reuters Dr. Rafael Guillen spends a lot of time on the phone these days. His practice