Aerion Supersonic as2 NEW YORK CITY – Supersonic air travel is only a few years from returning if a small U.S. company succeeds in developing its next-generation jet. Nevada-based Aerion expects to begin flying its AS2 supersonic jet by 2024, the company’s CEO Tom Vice said on Thursday, speaking at a UBS conference in New
Month: January 2020
John Fedele This year, the IRS will let you slide on a penalty if you didn’t have health insurance in 2019. Your home state, on the other hand, may not be so forgiving. The 2019 tax year marks the first time that filers won’t be required to carry qualifying health-care coverage under the Affordable Care
The latest division in Hong Kong isn’t driven by posters and protests — it’s driven by consumers’ wallets as people vote with their money. The city’s economy shrank in the second and third quarter of 2019, marking a technical recession and the first time in a decade its economy weakened for two consecutive quarters. The
Odell Beckham of the New York Giants stands on the sidelines during a pre-season NFL game against the New England Patriots at MetLife Stadium on August 30, 2018. Jeff Zelevansky | Getty Images The New Orleans Police Department obtained an arrest warrant for NFL star Odell Beckham Jr. following an alleged incident with a security
The Bank of New York Mellon on Wall Street, New York. Scott Mlyn | CNBC Bank of New York Mellon missed analysts’ estimates for quarterly profit on Thursday, as the world’s largest custodian bank earned less from its interest-earning assets due to rate cuts by the Federal Reserve. Big U.S. banks that reported results earlier
Pete Sikora member of New York Communities for Change. In response to the findings of a new report by Majority Action, members of New York Communities for Change (NYCC), Mothers Out Front (MOF), Sunrise Movement NYC, Sierra Club, and 350Brooklyn gathered for a press conference on September 17, 2019 outside BlackRock offices in New York
James Gorman David A. Grogan | CNBC Morgan Stanley is set to report fourth-quarter earnings before the opening bell on Thursday. Here’s what Wall Street expects: Earnings: 99 cents a share, 24% higher than a year earlier, according to Refinitiv Revenue: $9.72 billion, 14% higher than a year earlier Wealth management: $4.39 billion, according to
Ariel Skelley Personal finance website WalletHub is out with another list of the best states in which to spend your retirement. Factoring in affordability, quality of life and health care, Florida came in first. Yet a recent ranking by Business Insider dubbed Mississippi the winner. Nebraska took the title in another list last year compiled
Getty I hope last week’s Iran head-fake didn’t have you thinking about buying so-called “safe” dividends like Treasuries. Because these tired income standbys aren’t safe at all! With your nest egg yielding a pathetic 1.9%, you’re guaranteed losses, with inflation running at 2.1%. So today we’re going to make a simple contrarian move that will:
A partial trade deal signed on Wednesday between the U.S. and China gives some relief to the market, but uncertainty still remains, experts said. “There’s a great sense of welcome that the deal was signed and a little bit of relief, naturally, and some measured optimism about how we can move forward,” said Gregory Gilligan,
A peacock in Ranthambore, India. Travelographer 1 | 500px Prime | Getty Images In what’s become a right of passage in the world of media and entertainment, Comcast‘s NBCUniversal will unveil Peacock, its new video streaming service, during the company’s investor day Thursday in New York. Peacock is the last of the known major media
People line up outside the Social Security Administration office in San Francisco. Getty Images If you collect Social Security benefits, you’re probably already eagerly waiting to see what your cost-of-living adjustment will be next year. New, early estimates from The Senior Citizens League, a nonpartisan senior group, point to a possible 1.5% COLA increase for
By Kelly K. James, Next Avenue Contributor Two friends having conversation at work, woman in her 50s wearing glasses smiling and facing female … [+] manager, agreement, support, collaboration Getty When Kathy Pauss retired from her job as a school secretary a few months before turning 65, the Downers Grove, Ill. resident thought it was
Share to facebook Share to twitter Share to linkedin Getty The Internal Revenue Service (IRS) has issued guidance for some taxpayers who took out federal or private student loans to finance attendance at a nonprofit or for-profit school. The guidance offers relief for students whose loans have been discharged by the Department of Education and
Quarters bedroom. Lehrter Strasse Following the migration of hipsters and millennials, the European co-living company Quarters is putting down roots in Brooklyn. Founded in Germany in 2012 by a pair of serial entrepreneurs, who famously got their start in business by selling sausages online, the brand, geared toward traveling professionals, will soon have 3,000 beds
CNBC’s Jim Cramer revealed a list of stocks worth buying on a pullback after the U.S. and China authorized a long-delayed phase-one trade deal. The “Mad Money” host broke down why personalization is playing a larger role in the retail and pharmaceutical spaces. Later in the show, he went one-on-one with XPO Logistics CEO Bradley
People pass a sign for JPMorgan Chase at it’s headquarters in Manhattan, New York City. Spencer Platt | Getty Images J.P. Morgan Chase admitted to failures brought to light in a New York Times article last month and said it had taken a series of steps to learn from the episode. In letters to congressmen
The U.S.-Iran conflict appears to be in the rear-view mirror as stocks soar to record highs and the phase one signing of the U.S.-China trade deal takes center stage, but some are warning that tensions in the Middle East continue to simmer, and may soon reach a boiling point. “A significant change to our outlook
Guido Mieth Americans are spending more with digital payments and credit cards than ever before, as convenience and technology have relegated cash and checks more to the periphery. Online shopping has proliferated on retail websites such as Amazon, mobile payment apps like Venmo have become more popular, and banks have made it as easy to
CHICAGO, IL – OCTOBER 01: Illinois gubernatorial candidate J.B. Pritzker speaks during a round table … [+] discussion with high school students at a creative workspace for women on October 1, 2018 in Chicago, Illinois. Pritzker was joined by his Illinois gubernatorial Lieutenant Governor candidate Juliana Stratton and former Secretary of State Hillary Clinton as
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