Everyone, sometime or another, dreams of quitting. For millions, the fantasy is real. More than 4.5 million Americans voluntarily left their jobs in November alone — the highest one-month total on record. Much of the turnover has been in hospitality, retail and other lower-wage jobs that have been particularly challenging during the pandemic. But the
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CNBC’s Jim Cramer said Thursday he believes the stock market is getting closer to reaching an investable bottom after a challenging start to the new year. The “Mad Money” host’s comments mark a shift in outlook compared to two weeks ago, when Cramer contended it was too early to buy aggressively based on a 10-item
In this article NFLX (L-R) Co-CEOs of Netflix Reed Hastings and Ted Sarandos arrive for the Allen & Company Sun Valley Conference on July 06, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Netflix is set to report fourth-quarter earnings after the bell on Thursday. Here are the key numbers analysts are looking
U.S. stock index futures were lower during overnight trading Thursday following a disappointing earnings report from Netflix, building on the major averages’ declines during regular trading. Futures contracts tied to the Dow Jones Industrial Average shed 14 points. S&P 500 futures were down 0.24%, while Nasdaq 100 futures declined 0.6%. Shares of Netflix tumbled 19%
In this article AMS-ES HTG-DE EXPE If 2021 was about domestic travel, 2022 may be the year of the “bucket list” trip. This is one of the biggest trends that travel insiders expect this year, despite 2022’s tumultuous start as the omicron Covid-19 variant snarled the industry. ‘New sense of urgency’ to hit the road
The Axiom space station, with the circular SEE-1 module attached, is seen in an artist’s rendition. Axiom Space The producers of Tom Cruise’s planned space movie on Thursday announced plans to attach a studio to the space station in development by Houston-based company Axiom. U.K.-based studio Space Entertainment Enterprise, co-founded by producers Elena and Dmitry
Tetra Images | Tetra images | Getty Images This tax-filing season is expected to be difficult, as the IRS works through millions of unprocessed returns, according to a report from the National Taxpayer Advocate. An error-free return may avoid delays, and IRS transcripts can help, tax experts say. While most who file electronically and use direct deposit will
The Internal Revenue Service (IRS) has released data on individual income taxes for tax year 2019, showing the number of taxpayers, adjusted gross income, income tax paid, and income tax shares by income percentiles.[1] The new data outlines the tax system under the second year of the Tax Cuts and Jobs Act (TCJA), the last
Jobless claims took an unexpected turn higher last week in a potential sign that the wintertime omicron surge was hitting the employment picture. Initial filings for the week ended Jan. 15 totaled 286,000, well above the Dow Jones estimate of 225,000 and a substantial gain from the previous week’s 231,000. The total was the highest
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An American Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | Getty Images American Airlines said a flight to London returned to Miami late Wednesday because a passenger refused to comply with the federal mask requirement, the latest flight disruption over a report of an unruly passenger. American Airlines Flight 38, a Boeing 777 with
In this article AAL An American Airlines passenger jet approaches to land at LAX during the outbreak of the coronavirus disease (COVID-19) in Los Angeles, California, April 7, 2021. Mike Blake | Reuters American Airlines‘ fourth-quarter revenue was slightly ahead of forecasts and its loss was smaller-than-expected, the company said Thursday. “Over the past year,
People walk in front of the entrance of the five-star Paris Marriott Hotel. Fred Dufour | AFP | Getty Images Check out the companies making headlines in midday trading. Marriott International — Shares of the hotel chain jumped more than 4% after the company provided an update on its development process in 2021. Marriott said
Bill Gates is excited about how many new climate tech start-ups have popped up in recent years. He also thinks that plenty of them won’t last. “The number of companies working on these things is very exciting,” Gates said on Wednesday, in a virtual session of the World Economic Forum. “Some of them will fail.
Spencer Platt | Getty Images IPO investors in a record-breaking issuance rush in 2021 have so far been disappointed by dismal returns, and the outlook for the once-booming market is only getting worse with rising rates and insider selling on the horizon. Last year, the number of U.S. traditional IPOs climbed to the highest levels
Joseph Prezioso | AFP | Getty Images You may have discovered that Medicare doesn’t cover the cost of at-home Covid tests. While there are ways for beneficiaries to get free tests, a Biden administration mandate that private insurers cover the cost of at-home tests — up to eight per enrollee per month — does not
A “Sold” sign stands outside a home following a snow fall in Geneseo, Illinois. Daniel Acker | Bloomberg | Getty Images Closed sales of previously owned homes in December fell 4.6% to a seasonally adjusted, annualized rate of 6.18 million units, according to the National Association of Realtors. Sales were down 7.1% year-over-year. Still, December
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Jasmina007 | E+ | Getty Images LONDON — Moving overseas might not seem like the most obvious thing to do during a pandemic, but for many people, Covid-19 provided the nudge they needed to take the plunge. Around one in 10 readers of expat website InterNations said they had decided to move abroad as a result of the
In this article BAC Brian Moynihan, chairman and chief executive officer of Bank of America Corp, speaks in New York City, September 25, 2019. Shannon Stapleton | Reuters Bank of America on Wednesday topped analysts’ estimates for profit on record asset management and investment banking fees and the release of $851 million in loan loss