In this article JNJ MRNA BNTX PFE Dr. Scott Gottlieb told CNBC on Monday that unlike in 2020 he fully expects families and friends to gather around the holidays this year. He also suggested there are ways to do so that can minimize Covid risk. “Nothing is going to stop us from getting together, and
In this article F Thousands of Ford F-150s without chips are stored at Kentucky Speedway in Sparta, Kentucky, U.S., September 8, 2021. Jeff Dean | Reuters DETROIT – Ford Motor’s U.S. vehicle sales showed signs of improvement during the third quarter, but still fell by 27.4% from last year as an ongoing shortage of semiconductor
In this article FB DD UNP F Facebook’s logo displayed on a phone screen. Jakub Porzycki | NurPhoto via Getty Images Check out the companies making headlines in midday trading. Facebook — Facebook shares fell 5.5% after a company whistleblower unveiled her identify and accused the social media giant of a “betrayal of democracy.” The
Jamie Dimon, JPMorgan Chase chairman and CEO, remains a skeptic of bitcoin, the largest cryptocurrency by market value. “It’s got no intrinsic value. And regulators are going to regulate the h— out of it,” Dimon recently told Axios CEO Jim VandeHei. Dimon said that bitcoin will be around long-term, but “I’ve always believed it’ll be
Engine No. 1, the firm that rose to prominence after waging a successful campaign against Exxon, on Monday announced an investment in General Motors. This time, the upstart activist’s stake signals support for the automaker as it transitions to electric vehicles. Engine No. 1 pointed to the similarities between Exxon and GM, noting that each
Americans have been hammered by life changes since the start of the pandemic, and it’s taken a big mental and financial toll. In just the last year and a half, many Americans either left a job, moved or changed their relationship status, for better or for worse — or even all of the above. Finances
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As policymakers weigh whether to lift or repeal the $10,000 cap on state and local tax (SALT) deductions enacted by the Tax Cuts and Jobs Act (TCJA), they have to wrestle with how that change would primarily benefit high-earning taxpayers. As some have pointed out, other TCJA changes may further increase the benefits of an
In this article 6758.T-JP Tom Hardy stars in Sony’s “Venom: Let There Be Carnage.” Sony There’s a new king of the pandemic box office. Sony’s “Venom: Let There Be Carnage” tallied an estimated $90.1 million in ticket sales domestically over the weekend, the best box office haul since the Covid-19 outbreak began. Marvel’s “Black Widow”
Wall Street may be on the verge of an uncharacteristically painful quarter. Wharton finance professor Jeremy Siegel, who’s known for his positive market forecasts, is sounding the alarm on the market’s ability to cope with inflation. “We’re headed for some trouble ahead,” he told CNBC’s “Trading Nation” on Friday. “Inflation, in general, is going to
At first glance, the more than 7,100 islands that make up the Philippines may appear to be similar. Those islands — of which some 2,000 are inhabited — differ by history, culture and religion, meaning they draw tourists for different reasons. Here are six — some well-known, some not — and the types of travelers
In this article 3333-HK 6666-HK 754-HK A man drives a cart past apartment buildings at China Evergrande Group’s Life in Venice real estate and tourism development in Qidong, Jiangsu province, China, on Tuesday, Sept. 21, 2021. Qilai Shen | Bloomberg | Getty Images Indebted developer Evergrande is set to sell part of its stake in
In this article T Still from “The Many Saints of Newark.” Warner Bros. “The Many Saints of Newark” is just the latest Warner Bros. film to highlight the pitfalls of releasing content in theaters and on streaming platforms at the same time. The feature film prequel to the award-winning and beloved HBO series “The Sopranos”
Traders work on the floor of the New York Stock Exchange (NYSE) on September 30, 2021 in New York City. Spencer Platt | Getty Images U.S. stock futures were higher in overnight trading on Sunday as investors readied for the first full week of trading in October and the fourth quarter. Dow futures rose about
For some college students, the Covid vaccine is a price they are not willing to pay for a degree. Justin Mishler, a 29-year-old junior at Northern Illinois University, is one of them. After serving in the U.S. Marine Corps, Mishler enrolled in the state school in 2016 through the GI Bill, which helps cover the
In this article CMCSA AMZN Daniel Craig stars as James Bond in “No Time To Die.” MGM The latest James Bond film won’t arrive in the U.S. until Friday, but it’s already making waves internationally. “No Time to Die” scored an estimated $119.1 million in international ticket sales over the weekend, making it the first
In this article SPCE XLRN MRK KMX MKC FUBO Check out the companies making headlines before the bell: CarMax (KMX) – The auto retailer missed estimates by 18 cents with quarterly earnings of $1.72 per share, although revenue topped analyst projections. Comparable pre-owned car sales rose 6.2%, less than the 7.3% estimate of analysts surveyed
Even Jeff Bezos fails sometimes. Since launching Amazon as an online bookstore from his garage in 1994, Bezos has amassed a personal net worth exceeding $191 billion, according to Forbes — and turned Amazon into a $1.6 trillion multinational conglomerate. Part of that success, he says, means learning how to turn your failures into positive momentum.
In this article ATVI DELL OTMO Dell CEO Michael Dell speaks during an interview with CNBC on the floor of the New York Stock Exchange, July 2, 2018 Brendan McDermid | Reuters The fourth quarter has just begun, and Wall Street analysts are picking out the companies they believe have potential for the long run.
In this article EXPE Mike Coppola | Getty Images Online travel powerhouse Expedia Group plans to unify and expand customer loyalty program offerings across its portfolio of brands. The move will result in “the most complete travel rewards offering in the industry,” according to the Seattle-based firm, with member discounts and reward earning and redemption