An employee carries an order for a customer at a Domino’s Pizza restaurant in Detroit. Sean Proctor | Bloomberg | Getty Images Domino’s Pizza said Tuesday that its U.S. same-store sales climbed 14% during the first two months of its second quarter. As the broader fast-food industry has seen many of its customers return, Domino’s has
An empty road leads into a deserted Disney resort after it was closed due to the COVID-19 pandemic in Kissimmee, Florida on May 5, 2020. Daniel Slim | AFP | Getty Images Check out the companies making headlines after the bell. Tractor Supply Company — The farm supplies retailer’s stock shot up 7% in extended
Whether unemployed or still working, many Americans are looking for extra funds during the coronavirus pandemic. About 14% of those with retirement savings have taken money from accounts such as 401(k)s and individual retirement accounts to meet that need. Another 13% of those with savings say they’re planning to make use of their retirement funds.
JP Morgan Chase & Co. Chairman & Chief Executive Officer Jamie Dimon testifies before the House Financial Services Committee on accountability for megabanks in the Rayburn House Office Building on Capitol Hill in Washington, DC on April 10, 2019. Mandel Ngan | AFP | Getty Images JPMorgan Chase shares rose Tuesday after CEO Jamie Dimon called the
Certain jobs and industries are benefiting from enhanced unemployment pay more than others — and have the most to gain from an extension of benefits. Workers in lower-paying sectors of the economy, such as accommodation and food services, benefit more from the unemployment increase than those in finance and insurance that pay workers better. And the difference
TOPLINE As the Securities and Exchange Commission (SEC) cracks down on financial misconduct related to the coronavirus pandemic—from insider trading and misuse of federal funds to advertising fake cures and price gouging on medical supplies, the agency is seeing a surge in tips and whistleblower complaints, according to Reuters. An increasing number of whistleblowers and
Businesses need to evaluate insurance coverage and decide whether to file a claim for losses arising … [+] from Covid-19. Getty Contrary to what you may think, your company’s insurance policy may cover pandemic-related losses. Most commercial property insurance policies include what’s broadly referred to as “business interruption coverage.” Right now every business wants to
TOPLINE In New York City, the global epicenter of the coronavirus pandemic, homeowners are not putting their homes on the market: new sales inventory has hit a significant low during the months of lockdown as validated by real estate platforms Zillow, StreetEasy, local and suburban brokers and a moving company. Brownstone facades and row houses
Sen. Richard Burr (R-NC) leaves the U.S. Capitol after voting in Washington, U.S., May 14, 2020. Erin Scott | Reuters Federal prosecutors are still investigating stock sales by Sen. Richard Burr of North Carolina in advance of a coronavirus-fuelled share price plunge, but are dropping investigations of such sales connected to three other senators: Kelly
U.S. stock futures were flat in overnight trading, as investors juggled optimism about the reopening of the economy and a possible coronavirus vaccine as well as concerns about U.S.-China tensions. Recent hopes for a return to normal consumer habits has pushed the Dow Jones Industrial Average and S&P 500 to briefly touch key market levels
Growing up, Elon Musk read plenty of books but was especially inspired by science fiction. The genre motivated him to create “cleaner energy technology or [build] spaceships to extend the human species’s reach” in the future, according to the book “Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future” by Ashlee Vance. With these goals in mind, Musk
The SpaceX Falcon 9 rocket and Crew Dragon capsule stand upright on the launchpad at NASA’s Kennedy Space Center ahead of the Demo-2 launch. SpaceX raised well over the $500 million it was seeking in its most recent funding round, filings with the Securities and Exchange Commission reveal. Elon Musk’s space company on Tuesday filed
Audrey Saracco / EyeEm Millions of $1,200 stimulus payments have been sent out to Americans. But some recipients of Social Security or other government benefits are still asking, “Where is my money?” The stimulus checks were authorized by Congress as part of the $2 trillion CARES Act aimed at helping to reinvigorate the U.S. economy
Small caps just had a big week. The Russell 2000 index climbed almost 8% last week as the health-care-heavy group caught a bounce from positive news on the biotech front regarding a possible coronavirus vaccine. The S&P 500 rose just over 3% in the same time frame. And the group’s exposure to the health-care space isn’t
A Social Security bridge payment can significantly boost your lifetime retirement income. Getty Older workers who are approaching retirement face a series of complex decisions that come with high stakes. One particularly critical decision is when to start your Social Security benefits. It’s worth your time to develop a strategy for optimizing your Social Security
Colored pencil and acrylic illustration of Government Spending blowing the roof off a capital … [+] building. Check out my “Social Issues” light box for more. Getty The government’s response to the COVID-19 pandemic has led to a massive increase in public debt. Reducing this debt will present many challenges, including a greater tax burden
New York City doesn’t think property owners should enforce the personal guaranties that often backstop commercial leases signed by small business corporations or limited liability companies. So today the city enacted a law against it, at least in cases where the tenant’s business had to shut down because of today’s pandemic. The law applies through
Katie Miller, press secretary for U.S. Vice President Mike Pence , helps prepare for the daily coronavirus task force briefing at the White House in Washington, U.S. March 10, 2020. Picture taken March 10, 2020. Jonathan Ernst | Reuters Vice President Mike Pence‘s press secretary, Katie Miller, returned to work on Tuesday, nearly three weeks
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2020. Lucas Jackson | Reuters This is a live blog. Please check back for updates. 8 am: U.S. oil on track for best month ever West Texas Intermediate, the U.S. oil benchmark, is on track for its
Jay Leno remembers watching Elon Musk unveiling Tesla’s new Cybertruck, which set the auto world abuzz, on television in November. But apparently there’s nothing like seeing Tesla’s first all-electric pickup with his own eyes. “I saw it on TV … but nothing strikes you until you see it in person,” Leno says in a new