There’s an emerging industry thought to be only science fiction not too long ago that’s close to becoming a reality: space tourism. And a handful of companies – including one publicly traded name – are competing neck and neck to be leaders in the emerging market. But what space tourism entails, and how much it
With a little more than five weeks before Election Day, Allianz Global Investors’ Mona Mahajan speculates the worst of the correction is behind the market. She believes true fear on Wall Street is absent, and the current level of uncertainty should limit sharp upside and downside moves. “A lot of institutional investors buyers, especially, are
Ryan Reynolds Jason LaVeris | FilmMagic “Deadpool” star Ryan Reynolds and “It’s Always Sunny in Philadelphia” actor Rob McElhenney are in talks to buy Welsh soccer club Wrexham A.F.C. Wrexham, which is owned by fans and is the third-oldest professional soccer club in the world, announced Wednesday that the two actors were interested in investing.
Kim Sohee | Getty Images (CNBC Pro subscribers can access the 13D Active-Passive Investor Summit featuring the most influential activist investors by registering here with promo code ”13DCNBC20′ for a 20% discount.) Company: Apartment Investment and Management Co. (AIV) Business: Apartment Investment and Management Co. is a REIT that focuses on the ownership, management, redevelopment, and development
The possibility of more campus closures has sparked a sudden interest in withdrawing from college before it’s too late. “All of us are counting down to the tuition deadline,” said Carla Voight, 20, a junior at the University of Michigan in Ann Arbor, referring to the last day students are eligible for some reimbursement if
JAG Images | Getty Images There has been a seismic shift in the job market as more Americans turn to freelancing during the pandemic. Over the last 12 months, their ranks have swelled to 59 million across a wide swath of industries. They now account for 39% of the U.S. workforce, according to UpWork, a
The most expansive legal challenge to the Affordable Care Act in the 10 year history of the law and an attack on the ability of the Federal Trade Commission to reimburse consumers for harm highlight the Supreme Court’s coming term for seniors, the AARP Foundation announced this week. The term starts October 5. The importance
There is no such thing as bad publicity. That may be what is proved by the continuing growth of the syndicated conservation easement industry in 2018 in the face of dire warnings from the IRS. According to a recent IRS report publicized by the Senate Finance Committee, the number of participants increased from 14,000 to
Co-founder at Brevitas.com, Commercial Real Estate Marketplace and Platform Partner of the National Association of REALTORS® getty Real estate listings are pushed all throughout the internet. Syndications, MLS feeds and APIs have created a network of sites that can pull in real estate information from all over. That’s mostly thanks to the MLSs throughout the country
Mercedes AMG Petronas Motorsport driver Lewis Hamilton (44) of Great Britain celebrates clinching the 2019 FIA Formula 1 World Championship following the F1 – U.S. Grand Prix race at Circuit of The Americas on November 3, 2019 in Austin, Texas. Ken Murray | Icon Sportswire | Getty Images Formula One has the fan base, its
A Chinese national flag seen in front of Oriental Pearl Tower in Shanghai on September 8, 2019. Alex Tai | SOPA Images | LightRocket via Getty Images SINGAPORE — Major index provider FTSE Russell said Thursday it will add Chinese government bonds to its flagship World Government Bond Index from October next year — a development
Queen Elizabeth II departs in her Bentley car after attending Sunday service at the Church of St Mary Magdalene on the Sandringham estate on January 12, 2020 in King’s Lynn, England. Max Mumby/Indigo The British royal family is facing a £35 million ($44.5 million) hit to its finances as a result of the coronavirus pandemic.
SDI Productions | E+ | Getty Images Financial aid packages for next year might be woefully short for college students whose parents have lost their jobs amid the Covid-19 downturn. Students can begin applying for financial aid as early as Oct. 1. That’s the first day they can fill out the Free Application for Federal
Looking to an u unknown future getty Are you prepared to live a long time? You should be because many Americans are now living well into their 90s and 100s. If you are over 60, you can probably remember a time when a radio personality by the name of Paul Harvey used to wish a
Economic Security Planning, Inc. Today’s column addresses questions about receiving spousal benefits after receiving retirement benefits, whether it’s possible to reduce a benefit amount to remain under a limit and applying for disability benefits while working and receiving survivor’s benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
Jarred Kessler is the CEO of EasyKnock. getty If you own a company or work in the banking sector, you may be hearing the term “SPAC” 10 times a day now. It seems to be an increasingly common belief that SPACs are becoming the new go-to alternative to private equity fundraising. I traded SPACs in the
CNBC’s Jim Cramer recommended investors take advantage of Costco‘s post-earnings decline and snatch up shares of the wholesale retailer. The stock fell 1.27% during Friday’s session to close at $342.58 per share, even after Costco one day earlier beat Wall Street expectations on the top and bottom lines. Sales of $53.38 billion eclipsed analyst forecasts of $52.08
Tesla vehicles are displayed in a Manhattan dealership on September 08, 2020 in New York City. Spencer Platt | Getty Images Check out the companies making headlines in midday trading: Bristol-Myers Squibb — Shares of the pharmaceutical company rose 1.2% after it announced positive interim results from a phase three trial of an immunotherapy drug
Lawmakers in nine states are proposing higher taxes on the wealthy to help fill growing budget holes from the coronavirus pandemic, and the list is likely to grow, according to a legislative group. After New Jersey passed its “millionaire’s tax” — raising the income tax rate for those making $1 million or more — legislators
zimmytws | iStock | Getty Images The stimulus stalemate has pitted Democrats and Republicans against each other on Capitol Hill. But another issue — Social Security and its ability to pay retirement, disability, survivor and other benefits into the future — has also created a rift between leaders of the two parties. Congressional lawmakers gathered