Balancing the demands of office life and home life can be overwhelming for any working parent. But with women spending a disproportionate amount of time handling housework and childcare responsibilities, data from Pew Research Center shows that women are more likely than men to adjust their careers for family. As the coronavirus pandemic continues to
Month: April 2020
Hedge fund manager Kyle Bass told CNBC on Tuesday that he didn’t anticipate the stock market to recover as significantly as it has from its coronavirus-driven lows in March. “I’m surprised at the size of the bounce when you look at our economy and the fact that we have … 20% unemployment, and in the
Getty Images If you received a stimulus check for a deceased relative, you should think twice before spending that money. Treasury Secretary Steve Mnuchin told The Wall Street Journal that he expects families who receive those checks to return the money. “You’re not supposed to keep that payment,” Mnuchin told the paper. “We’re checking the
Agents recommend looking beyond virtual staging and trying to find video tours when narrowing down a … [+] home search online. Getty Most people wouldn’t make their decision about starting a long-term relationship with someone based solely on their dating site profile, and the same holds true for deciding whether to rent or buy a
7:57 am: Boeing posts quarterly loss of $641 million Boeing reported a first-quarter loss of $641 million, as the company faces both coronavirus and the more than yearlong grounding of its best-selling plane, the 737 Max. The company is planning to reduce production of some aircraft, including the 787 Dreamliner. Boeing is facing a dismal market for new
Microsoft CEO Satya Nadella Tobias Schwarz | AFP | Getty Images Microsoft shares rose as much as 3% in extended trading on Wednesday after the company reported fiscal third-quarter sales growth of 15%, fueled by its cloud business. The company said in a statement that the coronavirus “had minimal net impact on the total company
The Federal Reserve painted a dour picture of current conditions and pledged Wednesday to continue its historically aggressive policy stance until it is comfortable that the U.S. economy is back on its feet. Following this week’s Federal Open Market Committee meeting, the central bank said it would maintain its current interest rate target between 0%
In only a few months, the coronavirus pandemic has upended the daily lives of people around the world. For Americans, the economic impact of the virus has led to new categorizations of “essential” workers, a large-scale move to remote work and skyrocketing unemployment that is expected to continue increasing. With more than 26 million people filing
Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said Wednesday that positive news from Gilead Sciences about a potential treatment for the coronavirus marked a turning point in the fight against Covid-19. “What I regard this as is the beginning of the end of the true nightmare, which is that it’s a death sentence,” Cramer said on
For decades, financial advisors have counseled clients that they should be able to safely withdraw 4% of their assets each year as a means of providing income, while maintaining an account balance large enough to keep income flowing through retirement. While some of the underlying thinking behind the so-called 4% rule was prudent, it was
mediamasmedia The stock market is acting strangely these days, with headlines about market rallies next to ones about historic unemployment figures and companies filing for bankruptcy. You can’t figure it out. But you may be wondering if you should take advantage of the upswing and pull some money out of the market. After all, before this recent rally,
Subway CEO John Chidsey on Wednesday defended the company’s franchisees who applied for small business loans to help offset the economic impacts from the coronavirus pandemic. “We literally have 10,700 franchisees in the U.S., and on average they own two restaurants apiece,” Chidsey said on CNBC’s “Squawk on the Street.” “We are the ultimate mom-and-pop, if
Bioreceptive Concrete School of Civil Engineers of Barcelona (UPC-BarcelonaTech) Vertical gardens, or ‘green walls’, have become a popular feature for new buildings, though until now they have always been more of an accent piece—typically reserved for just one wall or a small section of one at most (rapper Lil’ Wayne bought a Miami house with
The Humana headquarters office stands in Louisville, Kentucky. Ty Wright | Bloomberg | Getty Images U.S. health insurer Humana beat quarterly profit estimates and stuck to its full-year forecast on Wednesday, benefiting from more members paying higher premiums for its government-backed Medicare plans. Sales at its retail unit, which includes Medicare plans offered to people
An employee works near a Boeing 737 Max aircraft at Boeing’s 737 Max production facility in Renton, Washington, U.S. December 16, 2019. Lindsey Wasson | Reuters Boeing is scheduled to report first-quarter earnings before the market opens on Wednesday, as the company faces both coronavirus and the more than yearlong grounding of its best-selling plane, the
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a House Budget Committee hearing in Washington, D.C., U.S., on Thursday, Nov. 14, 2019. Andrew Harrer | Bloomberg | Getty Images Stock futures fell slightly in overnight trading on Tuesday as investors eyed guidance from the Federal Reserve on the future path of interest rates
CNBC Make It is posting a new financial task to tackle each day for a month. These are all meant to be simple, time-sensitive activities to take your mind off of the news for a moment and, hopefully, put you on sturdier financial footing. This is day 21 of 30. With more than 26 million Americans
General Electric reported Wednesday a steep decline in first-quarter revenue as the industrial giant took a hit amid the coronavirus pandemic. The company posted total revenue of $20.524 billion, which represents a year-over-year decline of 8%. On an adjusted per-share basis, the company earned 5 cents. That’s below a Refinitiv estimate of 8 cents per
States facing revenues in sharp decline amid the coronavirus pandemic have tough choices ahead – and you might be shelling out more in state and local taxes as a result. State and local governments were left out of the $484 billion coronavirus relief bill that President Donald Trump signed into law last week. “Our costs
Photo: Getty Now that April 1, 2020 has come and gone, I have a question to ask all landlords: Was the rent check in the mail? I also have one for tenants: Did you send the rent? In a more normal time, this would not be such a serious thing to write about. This is
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