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A visualization shows an Astranis satellite over Peru in orbit. Astranis Astranis, a San Francisco-based company with an alternative approach to providing internet access from satellites, on Wednesday announced a deal that would bring broadband to millions of people in Peru in two years. The company’s agreement, which it says is worth over $90 million,
In this article @NG.1 A liquid natural gas (LNG) storage silo at the LNG terminal, operated by LNG Croatia LLC, in Krk, Croatia, on Monday, Jan. 25, 2021. Petar Santini | Bloomberg | Getty Images U.S. natural gas futures plunged more than 10% on Monday, falling to the lowest level since August on forecasts for
zimmytws | iStock | Getty Images The federal government could reach the maximum amount of money that the U.S. Department of the Treasury is allowed to borrow as soon as Dec. 15. If Congress doesn’t act to fix that limit, known as the debt ceiling, there could be big ramifications for the timeliness of government
In this article 3333-HK A housing complex by Chinese property developer Evergrande in Beijing. Noel Celis | AFP | Getty Images Evergrande is set to forge ahead into a restructuring that would include all of its offshore public bonds and private debt, according to analysts. The troubled real estate developer, swamped by $300 billion of
Penn National Gaming: “That stock has been crushed. it’s down more than 40%. I have to tell you, we’re in the height of the gambling season coming up. Penn Nat and DraftKings, they may go down later, but right now I think to sell them is a mistake. Whoa, they’re bad, but to sell them
In this article MDB Dev Ittycheria, CEO of MongoDB Adam Jeffery | CNBC Shares of database software maker MongoDB were up as much as 18% in extended trading on Monday after issuing fiscal third-quarter results. Here’s how the company did: Earnings: Loss of 11 cents per share, adjusted, vs. a loss of 38 cents per
Stock futures were flat in overnight trading on Monday after a rebound from a rollercoaster week as investors looked past the potential impact from the new omicron coronavirus variant. Futures on the Dow Jones Industrial Average rose just 15 points. S&P 500 futures and Nasdaq 100 futures were both little changed. The overnight session followed
Petra Richli | iStock | Getty Images It’s a good time to make sure your house is ready for Old Man Winter to show up. Whether snow, ice, freezing or flooding, winter weather can cause a host of headaches for homeowners. And if you’re in a new house that you’re still getting to know, it’s
A “For Rent” sign posted in front of an apartment building on June 02, 2021 in San Francisco, California. Justin Sullivan | Getty Images Apartment rent growth and occupancy set new records in November, yet another sign that the nation’s housing market isn’t following seasonal patterns this year. Rent growth and occupancy usually cool heading
Ben Rains discusses Wall Street’s wild up-and-down ride that began on Black Friday. The episode then dives into Lululemon (LULU) and FedEx (FDX) ahead of their financial releases to see if either stock might be worth buying at the moment. (0:30) – Stock Market Update: Everything You Need To Know (3:45) – Lululemon Continues To
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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 Boeing, airlines and other travel stocks surged on Monday after health experts shared early signs that the omicron variant of Covid may be causing milder symptoms
In this article KSS GCP MS UAL SAVE A jet from American Eagle, a regional branch of American Airlines (AA), takes off past other AA aircraft at Ronald Reagan Washington National Airport in Arlington, Virginia, December 3, 2021. Chris Helgren | Reuters Check out the companies making headlines in midday trading. Airlines — Airline stocks
Max Scherzer, left, and Will Smith of the Los Angeles Dodgers celebrate after beating the San Francisco Giants 2-1 in game 5 of the National League Division Series at Oracle Park on October 14, 2021 in San Francisco, California. Thearon W. Henderson | Getty Images Major League Baseball deal-making came to a screeching halt at
Jim Cramer on CNBC’s Halftime Report. Scott Mlyn | CNBC CNBC’s Jim Cramer on Monday warned investors that selling stocks in thin trading during the early morning premarket hours is not a sound strategy. “The selling that goes on between 4 a.m. and 4:30 a.m. in these Nasdaq names is frightening.” Cramer said on “Squawk
Betsie Van Der Meer | Getty Images Struggling to find last-minute holiday gifts that won’t be delayed by supply chain issues? One simple way to help children or relatives start investing is to gift them stocks or other financial assets. “If you’re looking at it as a Christmas gift or a holiday gift for a
courtneyk | E+ | Getty Images Covid relief programs allowed millions of struggling Americans to pause mortgage payments, and many of those bailouts are now expiring, putting cash-strapped borrowers at risk. “The maximum forbearance term was 18 months for most programs,” said Michael Fratantoni, chief economist of the Mortgage Bankers Association. “And many borrowers are
The following blog was adapted from a speech given by Mr. Graetz at the Tax Foundation’s 2021 “Tax Prom,” where Mr. Graetz was awarded the Distinguished Service Award. I always begin my classes in Federal Income Taxation by reminding my students that the tax law is the primary link between people and their government—they all
A healthcare worker conducts a PCR Covid-19 test at the Lancet laboratory in Johannesburg on November 30, 2021. Emmanuel Croset | AFP | Getty Images Preliminary data about the severity of the omicron Covid variant is “a bit encouraging,” the White House’s Chief Medical Advisor Dr. Anthony Fauci said on Sunday, following early figures from South