Tiffany Hagler-Geard | Bloomberg | Getty Images GameStop, AMC Entertainment, BlackBerry, Dogecoin and silver – all have been subject to epic rallies and falls in recent days, spurred by droves of retail investors driving up prices and then selling. While it may be tempting to pile into an asset that’s seen such rapid growth, financial
Month: February 2021
Note: Below is an excerpt from our recent guide, “Thirteen Priorities for Pro-Growth Tax Modernization in Nebraska.” To see the full report, click the “Download PDF” link above. Executive Summary Nebraska’s motto promises “Good Life. Great Opportunity.” It is a promise on which policymakers have long worked hard to deliver, and residents take great pride
Paula Brynen has been finding a sense of purpose in volunteer work for years — and even more so after her job as a fund-raiser for public television in California was eliminated two years ago. Having survived leukemia in 2011, she volunteers with the local chapter of the nonprofit Leukemia & Lymphoma Society, work that
Social Security has always seemed like a future problem, with experts long predicting a benefits squeeze in the decades ahead. But the coronavirus has put tens of millions of Americans out of work, and economists are predicting that the recovery will take years. That means the future is now. If nothing is done to shore
TOKYO — For more than a decade, Setsuko Hikita spent her working days selling snacks and newspapers in the bowels of Tokyo’s bustling metro system. Amid the chaos of morning commutes and the scramble to catch the last train home, she kept her employers’ tiny kiosks a haven of well-ordered commerce. Her company once awarded
When Dray Farley was 15, he watched a video his favorite gamer had posted on YouTube. But it wasn’t about Call of Duty. “It was how to get rich in 22 years, and the general math and concept of compound interest, the snowball effect, and how eventually your gains are making gains,” Mr. Farley said.
Advertisement Continue reading the main story Supported by Continue reading the main story Your Money A New Way to Invest for the Vengeful and the High-Minded Big investment managers are buying up companies that help with so-called direct indexing, which offers clients a way to boot individual companies from their portfolios. It has tax benefits,
Ty Wright | Bloomberg | Getty Images For car buyers, the end of the year typically marks the best time to get a great deal. Things look a bit different this time around. While there are still discounts and special financing on certain makes and models, those incentives generally are not as generous as in
Advertisement Continue reading the main story Supported by Continue reading the main story retiring Female Workers Could Take Another Pandemic Hit: To Their Retirements Unequal job losses now will translate into smaller nest eggs and Social Security benefits down the road. “Women can’t be full participants in the labor force and pay into their retirement
Getty Images Sitting on a growing bitcoin fortune? Consider giving away some of it to charity. As 2020 draws to a close, the cryptocurrency has seen a massive surge in appreciation. The value of a single unit of bitcoin is now hovering around $27,000. Though long-time holders of the virtual currency are rejoicing, they run
The Coronavirus Outbreak liveLatest Updates Maps and Cases The Latest Vaccine Information U.S. Deaths Surpass 300,000 F.A.Q. Advertisement Continue reading the main story Supported by Continue reading the main story Workers Tap Retirement Savings as a Last Resort At least two million workers have turned to their workplace retirement plans for cash under temporary rules
Oranut Fankhaenel / EyeEm | EyeEm | Getty Images Sustainability ratings are useful tools for assessing the environmental, sustainability and corporate governance-worthiness of mutual funds and exchange-traded funds. But how do you navigate between different ratings providers, especially when they can have different results for the same fund? CNBC looked under the hood at some
Advertisement Continue reading the main story Supported by Continue reading the main story retiring Saving at Work for Retirement: A Perk Coming to More States in 2021 The automatic I.R.A., administered by state governments, will be more widely available. “I didn’t have to invest a lot of time figuring it out, and it’s free,” Denise
A Boeing 777X airplane flies above the Boeing Everett Factory David Ryder | Reuters Boeing cut its backlog of 777X planes by more than a third after the aerospace giant announced fresh delays to its newest plane’s debut, according to a new securities filing. The Chicago-based manufacturer last week said it doesn’t expect the 777X
A sign is seen at the entrance of the ExxonMobil Port Allen Lubricants Plant in Port Allen, Louisiana, November 6, 2015. Lee Celano | Reuters Exxon Mobil said Tuesday that it lost $20.1 billion during the most recent quarter, its fourth straight quarter of losses as the energy giant continues to grapple with the pandemic’s
A medical worker wearing a mask walks near the AMC movie theater in Times Square amid the coronavirus pandemic on May 7, 2020 in New York City. Alexi Rosenfeld | Getty Images Check out the companies making headlines in midday trading. GameStop —Shares of the video game retailer swooned more than 50% in midday trading
Daymond John, entrepreneur and investor on ABC’s “Shark Tank,” says the key to owning any room is being confident. That might seem easier said than done for many, but John says even he lacked confidence when first starting out, and he overcame it. “I realized one thing: Every single thing around me that I’ve seen
SpaceX vice president of build and flight reliability Hans Koenigsmann (left), former NASA director of human spaceflight William “Bill” Gerstenmaier (right). Source: NASA SpaceX vice president of build and flight reliability Hans Koenigsmann is retiring, CNBC has learned, and has begun transitioning his role to William “Bill” Gerstenmaier, the former NASA official that joined the
Dominik Osswald/Bloomberg via Getty Images Is silver the new GameStop? The question lingered Monday as the metal rallied, suggesting it was the market’s next hot-ticket item. The answer is both yes and no — and they both signal investors should tread cautiously. Silver prices hit an 8-year high on Monday, jumping to $29 an
A lot has changed in the last year. But the drastic shifts to society and the economy caused by coronavirus can present new opportunities for you to use your skills as an entrepreneur, according to best-selling author Patrice Washington. Washington lost her real estate business in 2008 and spent the next decade building a new