VSS Unity floats in microgravity at the edge of space during its third spaceflight on May 22, 2021. Virgin Galactic Ark Invest’s space exploration ETF sold its last remaining shares of Virgin Galactic on Tuesday, as the firm completed its move away from one of the few publicly traded pure-play space stocks. Cathie Wood’s firm
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Kmatta More than half of Americans support states’ move to end a $300 weekly supplement to unemployment benefits months before it officially expires, according to a Quinnipiac University poll issued Wednesday. At least 23 states have announced an early end to federal unemployment programs in recent weeks. Self-employed workers and the long-term unemployed will lose
Treasury Secretary Janet Yellen speaks during the daily press briefing on May 7, 2021, in the Brady Briefing Room of the White House in Washington, DC. Saul Loeb | AFP | Getty Images Treasury Secretary Janet Yellen is under fire from Democrats and Republicans alike for skipping an appearance before the House Small Business Committee
Thirteen states tax Social Security benefits, a matter of significant interest to retirees. Each of these states has its own approach to determining what share of benefits is subject to tax, though these provisions can be grouped together into a few broad categories. Today’s map illustrates these approaches. Thirty-seven states and D.C. either have no
In this article SNOW View through Montana ranch entrance to rangeland with a view of central Montana’s snow covered Crazy Mountains in the background, The Crazy Mountains rise to over 11,000 feet and are located north of Interstate-90 between Billings and Bozeman Montana; they can be seen for many miles along this stretch of Interstate.
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A value needle in a haystack of frothy SPAC valuations
In this article AMZN RAD WBA CVS Store signs from CVS, Rite Aid and Walgreens stores. Getty Images Shares of CVS Health, Walgreens Boots Alliance and Rite Aid are falling Wednesday on a report that Amazon may open brick-and-mortar pharmacies. CVS shares were down about 3%, Walgreens shares were down nearly 4% and Rite Aid
In this article DKS Mannequins stand next to merchandise displayed for sale at a Dick’s Sporting Goods store in West Nyack, New York. Craig Warga | Bloomberg | Getty Images Dick’s Sporting Goods reported Wednesday fiscal first-quarter earnings and sales that topped analyst estimates, saying kids returning to team sports boosted sales. Dick’s also raised
In this article AMC GME Rafael Henrique | LightRocket | Getty Images Just when you think the GameStop mania is a tale from the past, meme stocks came back from the dead with a double-digit rally this week as enthusiastic investors piled back into speculative assets with the market near record highs. Shares of GameStop
In this article BA LMT GM An artist’s concept shows an outline of the lunar vehicle design. Lockheed Martin | General Motors Lockheed Martin and General Motors are partnering to develop a new type of lunar vehicle for NASA to use during its upcoming Artemis missions to the moon, the companies announced on Wednesday. “Surface
Klaus Vedfelt | Getty Images The Covid-19 pandemic was an unprecedented shock for many older workers. Even so, most do not plan to delay their retirement dates as a result, according to a report from Pew Charitable Trusts. In April 2020, the unemployment rate for workers ages 65 and up climbed to 15.6%, the highest
When Yin Ou’s family moved to the United States from Myanmar in 2009, her mother had to work minimum-wage jobs like jewelry packaging and babysitting to provide for the family. “My parents didn’t have the knowledge to start a business, or get an IRA or invest,” says Yin, who lives in New York’s Queens borough.
Cryptocurrencies haven’t quite delivered on their revolutionary promises. But they are messing with the stock market. This article is part of the Debatable newsletter. You can sign up here to receive it on Tuesdays and Thursdays. Cryptocurrencies have been around for 12 years now, and for much of that time, they were a fairly easy
Ariel Skelley | DigitalVision | Getty Images Many older Americans worry about outliving their savings, and those fears have been magnified by recent spikes in inflation, eating away at retirees’ nest eggs. The consumer price index increased by 0.8% in April from March and surged 4.2% from the previous year, the biggest jump since September
The two big pure-play stocks in the streaming TV industry are Roku (ROKU) and Netflix (NFLX). On today’s episode of Full Court Finance at Zacks, we dive into the streaming TV world as we approach a full year of empty movie theaters and a lack of most out-of-home entertainment to see which of the two
New vaccine entrant gets approval before Novavax, while herd immunity ideas put sales in doubt.
Zoom In IconArrows pointing outwards SINGAPORE — Malaysia’s daily Covid-19 cases are climbing rapidly and have surpassed India’s on one critical measure, according to statistics site Our World in Data. India has been experiencing a devastating second wave since April and has the world’s second largest Covid caseload. The country’s daily case count, while trending
In this article ZS A URBN JWN A pedestrian and cyclist wear facemasks outside a branch of department store chain Nordstrom in Santa Monica, California on May 11, 2020. Frederic J. Brown | AFP | Getty Images Check out the companies making headlines after the bell: Nordstrom — The retail stock dropped roughly 7% in
With two major cultural events held last weekend, the international arts scene signaled it has no intention of letting yet another year get canceled by Covid. Art Basel Hong Kong, which took place from May 19-23, marked the return of one of the world’s most venerated art fairs. The show came on the heels