Traders wear masks as they work on the floor of the New York Stock Exchange as the outbreak of the coronavirus disease (COVID-19) continues New York, May 27, 2020. Lucas Jackson | Reuters This is a live blog. Check back for updates. 8:39 am: Apple has a new biggest bull who sees shares rising 15% Apple
Month: June 2020
The private-jet industry is seeing a rapid rebound from the coronavirus crisis, as new customers who had never flown private splurge to avoid the crowds and lines of commercial flying. While commercial traffic is running about 15% to 17% of last year’s totals, private flights are running at up to 70% or more of normal,
People walk past the U.S. Federal Reserve building in Washington D.C., the United States, May 21, 2020. Ting Shen | Xinhua via Getty Images Historically unique financial conditions brought on by the coronavirus have changed the way the Federal Reserve is stress-testing banks this year. In addition to the usual rigors that measure how well
Senator Ron Wyden, a Democrat from Oregon and ranking member of the Senate Finance Committee, speaks during a hearing in Washington, D.C., U.S., on June 9 about unemployment insurance during the Covid-19 pandemic. Leah Millis/Reuters/Bloomberg via Getty Images The enhanced unemployment benefits supporting household income for millions of jobless Americans will soon lapse. Lawmakers, scrambling
During the pandemic, Shelly Marshall knew she’d have to pivot quickly to stay afloat. Marshall co-owns Brooklyn-based Island Pops with her husband, Khalid Hamid, selling Caribbean-inspired ice cream. “You come to a shop, sit down and have an ice cream cone and hang out with friends — that wasn’t possible during Covid,” Marshall said. “Customers
TOPLINE While cruise stocks have recently been rebounding amid optimism about reopening the economy, the industry remains paralyzed by the coronavirus pandemic for the foreseeable future, with major cruise operators facing big quarterly losses and on Friday announcing that they’re extending their suspension of sailing. Cruise operators are still hopeful that customers will return in
WASHINGTON, DC – APRIL 27: The Internal Revenue Service headquarters building appeared to be mostly … [+] empty April 27, 2020 in the Federal Triangle section of Washington, DC. The IRS called about 10,000 volunteer employees back to work Monday at 10 of its mission critical locations to work on taxpayer correspondence, handling tax documents,
AFP via Getty Images Amid the widespread economic pain from COVID-19, count America’s city centers as top victims. After all, far fewer people now come into these places for work or play. Moreover, the shift toward more teleworking will continue after this pandemic – and thus have long-term effects on real estate. City centers may
1. Stock futures rally after report says China will ramp up U.S. farm product purchases 2. EU kicks off stimulus negotiations German Chancellor Angela Merkel listens during a joint press conference with French President Emmanuel Macron, who attends via video link, at the Chancellery in Berlin, Germany, on May 18, 2020 on the effects of
Wirecard, once hailed as the darling of Germany’s financial technology scene, is now facing a fight for survival amid scrutiny into its accounting practices. The payments processor said Thursday, for the fourth time, that it couldn’t publish its financials for 2019. Auditors at EY couldn’t account for 1.9 billion euros ($2.1 billion) of cash on
Dr. Jane Goodall speaks during the ‘Dr. Jane Goodall’s MasterClass’ New York screening in New York City. John Lamparski | Getty Images Entertainment | Getty Images World-renowned anthropologist Jane Goodall has said young people should be striving towards different standards of success, besides money and fame. Speaking to CNBC from last week’s CogX conference, Goodall
This past April was a month Tom Nigro will never forget. As a certified registered nurse anesthetist, Nigro was well-equipped to serve victims of the coronavirus and moved that month from his apartment in Milwaukee to New York City – then the epicenter of the pandemic. On April 8, for example, more than 5,581 New
Getty The Covid-19 crisis has caused many Americans to reflect on their retirement plans. In fact, in April, the Transamerica Center for Retirement Studies found that one in four U.S. workers (23 percent) say their confidence in their ability to retire comfortably has declined in light of the coronavirus pandemic. Further, the incidence of this drop
Sometimes the statute of limitations on tax audits is forever. Three years? Getty A Pennsylvania citizen who will be identified here as P has a bone to pick with the collections agency that handles taxes for his municipality. P says he duly paid his 2015 local income tax, but just a few weeks ago got
Forsyth Park in the historic district of Savannah, Georgia. Geoff L Johnson Ever thought about picking up and moving to a new city to switch things up a bit in your life? Savannah, Georgia is betting that offering a relocation incentive will entice tech workers who are ready for a fresh start. The Savannah Economic
Luca Frigeni, Owner & General Manager of SakeMate, a restaurant in Shanghai SakeMate Luca Frigeni, an Italian businessman living in Shanghai, finally fulfilled his dream late last year when he opened his own restaurant and lounge. But the coronavirus pandemic stalled that dream, as he entered “the most difficult” moment in his career. Business at
People walk by the New York Stock Exchange (NYSE) on May 18, 2020 in New York City. Spencer Platt | Getty Images U.S. stock futures opened slightly higher on Thursday night following a muted session in which traders grappled with disappointing unemployment data and rising coronavirus cases. Dow Jones Industrial Average futures gained 30 points,
Lately, when Kevin O’Leary is asked the question, “Is now a good time to start a business?” he replies, “Yes, it is!” O’Leary says because so many people have time to sit and think, it’s a wonderful time to start a business leveraging the growing popularity of online services. 01:07 18 minutes ago
Jason Stitt | Getty Images Millions of Americans put a second round of $1,200 stimulus checks on their wish lists. But Congress has yet to decide exactly what the next version of coronavirus stimulus legislation will look like. If House Democrats have their way, a second batch of checks would be deployed to qualifying Americans.
By Grace Birnstengel, Next Avenue Editor Getty Early on in the pandemic’s sweep over the U.S., a nursing home resident in Minnesota left her home for a weekend visit elsewhere. When she returned, the facility wouldn’t allow her back inside, for fears surrounding the coronavirus. The nursing home demanded a Covid-19 test. But at that
- « Previous Page
- 1
- …
- 11
- 12
- 13
- 14
- 15
- …
- 35
- Next Page »