Month: May 2020

An employee tends to marijuana plants at the Aurora Cannabis Inc. facility in Edmonton, Alberta, Canada, on Tuesday, March 6, 2018. Jason Franson | Bloomberg | Getty Images Check out the companies making headlines after the bell. Applied Materials — Shares of the manufacturing company climbed 4% in extended trading after Applied Materials reported second-quarter
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How are income annuities priced? It is not as hard as one might think, as the basic recipe requires just three ingredients: 1.    Mortality rates (which vary by age and gender) impact how long payments will be made. Younger people will have longer projected payout periods, which means that payout rates must be lower. 2.    Interest rates
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This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 4.5 million Global deaths: At least 307,159 Most cases reported: United States (More than 1.4 million), Russia (262,843), United Kingdom (238,004), Spain (230,183), Italy (223,885). The data above was
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In a press conference May 6, Gov. Andrew Cuomo said that 66% of new hospitalizations in New York for Covid-19 were people who had been staying home. “This is a surprise: Overwhelmingly, the people were at home,” Cuomo said. “We thought maybe they were taking public transportation, and we’ve taken special precautions on public transportation,
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Agatha Kulaga, co-founder and CEO of Ovenly Source: Agatha Kulaga There’s no doubt the coronavirus pandemic has hit small businesses hard. For some, like retail and wholesale bakery Ovenly, it meant completely shutting down their operations. The New York-based business had to lay off its entire staff of 66 employees, said Agatha Kulaga, the co-founder and
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Indianapolis, Indiana, is a desirable secondary market Getty Here’s the updated 2020 Housing forecast from realtor.com.  In mid-December realtor.com released the annual 2020 housing forecast. Fast forward five months and it’s no surprise the numbers have changed. “We got derailed on the forecast as we expected,” realtor.com Senior Economist George Raitu explains. The updated data
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7:42 am: Former FDA chief on what experts know about unique symptoms in children 7:37 am: Drive-ins offer haven for moviegoers, as traditional theaters stay shuttered GP: Coronavirus Drive-in cinema opens in Kaliningrad, Russia, amid COVID-19 pandemic 200508 Vitaly Nevar | TASS via Getty Images Once a dying piece of Americana, drive-ins have become a
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In 2019, 98.5 million people paid for a Costco membership, according to Statista. For a yearly fee of $60, they shopped quality goods in bulk at wholesale prices. They also received access to discounted alcohol, tasty samples, and $1 churros at the Costco food court, among other perks.  During the coronavirus pandemic, however, many people are
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