A Pregnant woman getting an ultrasound Kemal Yildirim | E+ | Getty Images Centers for Disease Control and Prevention Director Dr. Rochelle Walensky said Thursday that Covid-19 deaths among pregnant women reached a record high of 21 in August, urging expectant mothers to get vaccinated against the virus. Just 31% of pregnant women nationwide are
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In this article BBBY People walk out of a Bed Bath & Beyond store amid the coronavirus disease (COVID-19) pandemic in New York, January 27, 2021. Carlo Allegri | Reuters Bed Bath & Beyond shares tanked more than 17% in premarket trading Thursday as the company said it saw a steep drop-off in traffic in
In this article NVDA RIDE BBBY GM A shopper walks past a Bed Bath & Beyond Inc. store Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Bed Bath & Beyond – Shares of the big-box retailer plunged 23% after the company slashed its revenue and earnings outlook amid supply chain
Very few people self-identify as upper middle class or wealthy — even if, by the numbers, their income or net worth puts them in that category. Only 1% of Americans consider themselves upper class, according to a 2015 Pew survey, and just 6% of those earning $100,000 or more say they fit this category. According
Jeff Bezos, owner of Blue Origin, introduces a new lunar landing module called Blue Moon during an event at the Washington Convention Center, May 9, 2019 in Washington, DC. Mark Wilson | Getty Images Twenty-one current and former employees of Jeff Bezos’ Blue Origin claim the space company is a “toxic” workplace, according to an
Jose Luis Pelaez, Inc. | Getty Images A significant number of harmed investors still aren’t receiving award money after winning disputes with brokers or brokerage firms, a watchdog organization says. When companies mishandle money, investors can fight for compensation through the Financial Industry Regulatory Authority, or FINRA, an independent, self-regulatory organization that oversees brokers and
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull
Recent proposals from the Biden administration and congressional Democrats aim to hike taxes on the foreign profits of U.S. multinationals, resting on the claim that U.S. multinationals pay very low tax rates on these foreign profits. But how heavily taxed are they, and how would various proposals affect these tax rates? U.S. multinational enterprises (MNEs)
LONDON — The co-founder and chief medical officer of BioNTech, the German firm which developed a Covid-19 vaccine alongside Pfizer, told CNBC that the world “should not live in fear” of the virus. “Covid will become manageable. It already has started to become manageable” Dr. Ozlem Tureci said in the latest episode of “The CNBC
In this article SSE-GB A wind turbine photographed in, Camelford, Cornwall, at sunset. Ashley Cooper | Corbis | Getty Images Energy giant SSE said that its renewable assets produced 32% less power than expected between April 1 and September 22 thanks to historically dry and low-wind conditions. This equates to 11% of its full-year output
For many, 2020 will be remembered as a year they spent at home. Others took a different path. They packed their bags and moved to places that many only dream of visiting. Here’s how they feel about their decision one year on, in their own words. From Boston to Napa Valley, California Name: Ian O’ReillyOccupation:
CNBC Brad Gerstner, Altimeter Capital Chairman and CEO, said his hedge fund sold stakes in United Airlines and Expedia, adding that easy gains from the rebound in travel stocks have been realized. “On July 1 this year after a big run-up in United and Expedia, we distributed those returns to investors…. I still think the
In this article WRBY A customer tries on glasses at a Warby Parker store in Los Angeles. Michael Buckner | Getty Images Warby Parker’s stock debut may be a bit different from the norm, yet the expert advice still applies: Invest with caution. The popular eyewear maker began trading publicly on Wednesday through what’s called
Prospective home buyers arrive with a realtor to a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Higher interest rates took some recent wind out of the sails in the mortgage market. After gains the previous week, total mortgage application volume fell 1.1% last week from the previous week, according
James Spears has been suspended as pop star Britney Spears’ conservator, a judge ruled Wednesday. “The current situation is not tenable,” Los Angeles County Superior Court Judge Brenda Penny said after hearing arguments from both sides. “The situation is toxic. I believe suspension is in the best interest of the conservator.” The court named California
U.S. stock index futures inched higher during overnight trading on Wednesday, after tech stocks dipped again as investors digest the impact from higher rates. Futures contracts tied to the Dow Jones Industrial Average gained 81 points, or 0.24%. S&P 500 futures advanced 0.24%, while Nasdaq 100 futures gained 0.24%. The Dow and S&P 500 inched
Elizabeth Holmes, left, and Steve Jobs CNBC; David Paul Morris | Bloomberg | Getty Images As the media started comparing Elizabeth Holmes to Steve Jobs, the former Theranos CEO wrote a note to herself that contained three telling words. “Becoming steve jobs -” Holmes wrote on April 2, 2015, according to documents obtained by CNBC.
Chamath Palihapitiya revealed that he sold his Tesla position for capital to invest in other investment ideas. The Social Capital Founder and CEO said that he exited his bet on the Elon Musk-led electric vehicle company “in the last year or so” as the high prices allowed him to generate cash to fund his other
Working remotely in a business built around relationships means adapting in more ways than one. For most financial advisory firms, the pandemic accelerated advancements already underway in virtual communications and paperless transactions. The best businesses maintained their personal connections with clients and safeguarded customer data at the same time. “We are now fully in the
Courtney Keating | iStock | Getty Images Being able to review a credit report in Spanish will be a huge help for Rosalie Remarais in her job as the Community Development Mortgage Loan officer at Five Star Bank in Rochester, New York. Remarais works with low- to moderate-income families, many of whom are first-time homebuyers,