President Donald Trump has a bill on his desk that could kick several Chinese companies off of U.S. stock exchanges and inflame an already strained relationship between Washington and Beijing. The Holding Foreign Companies Accountable Act would force companies to give up their listings on Wall Street if they refuse to open their books to
Month: December 2020
If you’re having trouble staying focused and organized while working from home, keep in mind that even former president Barack Obama struggles with organization from time to time. Obama shared his tips for productivity and revealed the relatable task at which he doesn’t excel, during a video call with Eva Chen, Instagram’s director of fashion
One of the United States’ top financial regulators said Thursday that new regulations on bitcoin and other cryptocurrencies were coming soon, but he downplayed concerns that the new rules would be disruptive. Brian Brooks, the acting comptroller of the currency, told CNBC’s Melissa Lee on “Squawk Box” to expect “clarity” on cryptocurrency in the next
People receive food at a distribution site during the coronavirus pandemic. Spencer Platt | Getty Images News | Getty Images The U.S. economy added 245,000 jobs in November and the unemployment rate fell to 6.7%, the Bureau of Labor Statistics said Friday. It’s the seventh consecutive month of improvement from the depths of the Covid
DANVILLE, PENNSYLVANIA, UNITED STATES – 2020/10/10: A Trump 2020 re-election sign and an American … [+] flag are displayed on a piece of farm equipment in Valley Township, Montour County, Pennsylvania. (Photo by Paul Weaver/Pacific Press/LightRocket via Getty Images) Pacific Press/LightRocket via Getty Images In the aftermath of Joe Biden’s election, there’s lots of attention
Large homes on the shore of South Lake Tahoe. getty If a vacation home in Lake Tahoe is on your holiday shopping list this year, be prepared to pay a premium for what little inventory remains. In November, the Tahoe-Truckee market showed little deviation from the record-setting pace that began during the summer months. The
getty Retirement plans come in all shapes and sizes. You may think your plan is too big (or too small) to share the same concerns with smaller (or larger) plans. It turns out, however, there’s a lot in common between really large and really little 401(k) plans. This is not to say there aren’t differences
Former FDA Chief and Pfizer board member Dr. Scott Gottlieb told CNBC that he is “hopeful” there will be adequate vaccine supply in 2021, on the heels of a Wall Street Journal report that Pfizer had to cut its original estimates for the amount of vaccine doses this year because of supply-chain problems. “The supply
Stock futures were little changed in overnight trading on Thursday as investors awaited a key November jobs report to gauge the pace of labor market recovery in the face of a worsening pandemic. Futures on the Dow Jones Industrial Average gained 60 points. S&P 500 futures were little changed and Nasdaq 100 futures traded 0.2%
According to self-made billionaire Mark Cuban, the future of America post-pandemic, or what he calls “America 2.0,” will look “different.” “My dad always said that you don’t live in the world you were born into, and that’s not going to change,” Cuban said during a Q&A session at the George W. Bush Center on Oct. 21. “The
Medical staff examine a patient in the Covid-19 intensive care unit at United Memorial Medical Center in Houston on Nov. 16, 2020. Go Nakamura | Getty Images The coronavirus pandemic may be an extra stressful time for Medicare beneficiaries. Not only are they generally in a high-risk group for Covid, most of them — about
Has your CPA firm embraced technology like RPA bots that help accountants tackle mundane tasks? Getty Need business advice? Call your CPA firm. “This year was the perfect case study for why companies should consider leaning on their CPAs as key advisors,” says Carla McCall, managing partner with regional powerhouse AAFCPAs in Westborough, Massachusetts. CPA
The pandemic shake-up to the traditional norms of why and where Americans move has been one of the biggest stories of 2020. Hundreds of real estate writers, myself included, have been pouring over the analytics all year, looking for patterns and offering projections on the next shoe to drop, where to buy, and whether “Zoom”
By Richard Eisenberg, Next Avenue Charlotte Japp ADVERTISEMENT Charlotte Japp, the 30-year-old founder of the uplifting CIRKEL community platform for intergenerational networking, drew inspiration for it from what happened to her parents. “Growing up, I saw both of my parents get aged out of their careers and pretty much get forced to pivot and start
Tesla isn’t the only upstart auto industry player having a big year. Luminar, which creates lidar technology critical to many automakers’ autonomous driving efforts, is going public on Thursday through a special purpose acquisition company (SPAC) and the deal will make Luminar co-founder and CEO Austin Russell a billionaire — at the age of 25.
Wall Street may be underpricing a risk associated with the next Federal Reserve meeting on interest rates. According to Richard Bernstein Advisors’ Michael Contopoulos, it may come down to President-elect Joe Biden’s pick for Treasury secretary: former Fed Chair Janet Yellen. Contopoulos speculates the Fed could see her appointment as a dovish influence and it
When Bob Iger became the CEO of The Walt Disney Company in 2005, he had a risky idea: buy Pixar. At the time, Walt Disney Animation Studios had been “faltering,” Iger said during an interview with Bloomberg’s “The David Rubenstein Show: Peer-to-Peer Conversations” published Wednesday. Pixar and Disney had a joint venture to co-produce Pixar’s films,
John Williams, left, and his dad Terry, right, both of Salem, carry a large Christmas Tree out of the field together at Tucker Tree Farm in Salem, Oregon, November 29, 2020. Alisha Jucevic | Reuters Tree retailers are having a spirited season this year, as Americans staying closer to home due to the coronavirus pandemic
Many of the nation’s top companies, including Amazon, Goldman Sachs, Ford, Google and Walmart, are calling on the new administration to address climate change and come up with long-term solutions in response to concerns from investors, customers, communities and employees. In a letter to President-elect Joe Biden and the new Congress, 42 corporations urged the government
A significant percentage of corporate chief financial officers are making 2021 spending and hiring plans around vaccine optimism, but the current case surge in the U.S. and Europe is making a dent in confidence. Robyn Beck | AFP | Getty Images Millions of Americans are still hoping for a second round of stimulus checks to
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