Shawne Alston #20 of the West Virginia Mountaineers rushes for a 4-yard touchdown in the first quarter against the Clemson Tigers during the Discover Orange Bowl at Sun Life Stadium on January 4, 2012 in Miami Gardens, Florida. J. Meric | Getty Images Division I student athletes looked poised for victory in their Supreme Court
Month: March 2021
In this article GS MS BTC.CB= Goldman Sachs is close to offering its first investment vehicles for bitcoin and other digital assets to clients of its private wealth management group, CNBC has learned exclusively. The bank aims to begin offering investments in the emerging asset class in the second quarter, according to Mary Rich, who
In this article HE AAL UAL UNH DAL United Airlines’ Mileage Plus program earned top scores from WalletHub in categories such as ease of advance booking of reward travel and fewer mandatory layovers. United Airlines Air travel is set to boom this year as Americans tired of being cooped up in Covid lockdown look to
In this article DISCA David Zaslav Anjali Sundaram | CNBC Discovery’s lightly traded class B shares surged 80% on Wednesday, showing a spike in volume and divergence from the company’s class A shares that is highly unusual. The class B stock, which often sees volume of less than 10,000 shares in a day, had already
In this article MCD TGT DRI DG WOOF T With almost every adult nearly eligible for the Covid-19 vaccine, businesses are doing their part to motivate the masses. Krispy Kreme Doughnuts is offering anyone with proof of a Covid vaccination a free doughnut a day for the rest of the year. In Cleveland, Chagrin Cinemas
Retirees with limited assets face the specter of outliving them. The only assurance offered by investment advisors that this will not happen is application of what is called the 4% rule. The rule says that if the retiree draws 4% of his assets every year and increases the draw amount by 4% every year, the
On Friday, we will get the unemployment report for March, and forecasters hope for continued improvement from the deep Covid-19 recession. But we are still hurting from that dramatic decline and the economic recovery is at risk if we relax our public health measures too soon. We’re still feeling the economic effects of the Covid-19 recession. The
We know some people are going to go back to some offices. We know those office spaces will be different than they used to be. And we know the commercial real estate industry is facing one of its most serious challenges in modern history. But there’s so much more we don’t know and that will
In this article ZE594-CN Chinese battery and electric vehicle maker BYD shows off a model of its Han EV series at the 2020 Beijing auto show. Evelyn Cheng | CNBC BEIJING — Chinese electric car company BYD is feeling the hit of rising battery material costs. Backed by U.S. billionaire Warren Buffett, the automaker announced
In this article ROO-GB AMZN A Deliveroo cyclist in London, U.K. Dinendra Haria | SOPA Images | LightRocket | Getty Images LONDON — Shares of British food delivery start-up Deliveroo sank in its stock market debut Wednesday, as the company faces pressure from top investors and trade unions over workers’ rights. Deliveroo, which is backed
In this article BAC Patrick T. Fallon | Bloomberg | Getty Images Bank of America is expanding its racial justice initiative, devoting more funding toward advocacy and equality for communities of color. “The urgency we feel to address long-standing issues of inclusion and racial inequality has only increased following the attacks and hate speech directed
Robert Daly | Getty Images The Biden administration is expanding an existing pause on student loan interest and collections to include more than 1.1 million borrowers who are in default, the U.S. Department of Education announced Tuesday. The borrowers, whose defaulted loans are part of the Federal Family Education Loan program, were ineligible for the
Today’s column addresses questions about the ability to take spousal benefits after first receiving retirement benefits, what benefits may be available after a divorce and whether Social Security requires beneficiaries to switch from survivor benefits to their own retirement benefit at 70. Larry Kotlikoff is a Professor of Economics at Boston University and the founder
Got a .edu email address? You might be the target of the latest Internal Revenue Service impersonation scam. The IRS issued a warning today that scammers using phishing emails are targeting university and college students and staff from both public and private, profit and non-profit institutions. The scammers appear to be targeted those who have
Gardening grew in popularity during the pandemic, with many Americans having more free time at home, as well as a desire to eat more healthfully to boost their immunity. According to trade publication Greenhouse Product News and Axiom Marketing’s 2021 Garden Survey, 86% of homeowners plan to continue gardening in 2021 and 47% say they will
In this article TGT Caroline Wanga on stage at Cannes Lions 2019 in Cannes, France. Richard Bord | Getty Images Entertainment | Getty Images Caroline Wanga has grown tired of companies dangling rewards and giving pats on the back to employees who comply with diversity and inclusion initiatives. In an interview with CNBC’s Sharon Epperson,
In this article LULU Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Lululemon on Tuesday reported revenue and profit for the holiday quarter that topped analysts’ estimates, boosted by the athletic apparel maker’s online business, and double-digit
In this article WBA MU FB AMZN AAPL NFLX MSFT U.S. stock futures were flat in overnight trading on Tuesday after the Dow Jones Industrial Average slipped from its record level amid fears about rising interest rates. Dow futures rose just 12 points. S&P 500 and Nasdaq 100 futures also hovered around the flatline. The
In this article ETH.CM= BTC.CM= The buyer of the $69 million NFT by the artist Beeple said he was prepared to bid even higher, since it will be seen by history as the starting point of a new age of digital art. In his first television interview, Vignesh Sundaresan, also known as MetaKovan, told CNBC’s
In this article BA TRMB DE 9988-HK 9618-HK SPCE LMT LHX KTOS IRDM ARKX NFLX A SpaceX Falcon 9 rocket carries 10 Iridium NEXT satellites into orbit. mdesigner125 | iStock Editorial | Getty Images Trading in the new space exploration ETF from Ark Invest began on Tuesday, as Cathie Wood’s firm looks to tap the
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