Peter Cade | Stone | Getty Images U.S. solar installations reached a record high during 2020 as favorable economics, supportive policies and strong demand in the second half of the year offset the impacts from the coronavirus pandemic. Installations grew 43% year over year during 2020, reaching a record 19.2 gigawatts of new capacity, according
Month: March 2021
William Thomas Cain | Getty Images Those new $1,400 stimulus checks are arriving. While the majority of payments will be made by direct deposit, others will receive the money in the mail — as paper checks or debit cards. There could be some differences in what the U.S. Postal Service drops in your mail box
Larry Culp, CEO, General Electric Scott Mlyn | CNBC General Electric stock surged more than 5% Monday as bullish analysts defended the company’s decision last week to sell its jet-leasing business to rival AerCap and new financial guidance. On Wednesday, the Boston-based conglomerate announced of the sale of GE Capital Aviation Services, or Gecas, the largest remaining asset
Credit Suisse’s Jonathan Golub is urging investors to get clever with recovery plays. He’s advocating a broad strategy that goes beyond reopening trades such as airlines and hotels. “It could be metals and mining companies. It could be machinery and industrial names. Chemical names,” the firm’s chief U.S. equity strategist and head of quantitative research
mphillips007 | iStock Unreleased | Getty Images It seems unthinkable: Someone buys a lottery ticket, it ends up being worth a ton of money and yet they never claim the windfall. Right now, there’s a $1 million Mega Millions prize whose winner must come forward by March 17 or the winning ticket, purchased in Rhode
The Internal Revenue Service (IRS) headquarters in Washington, D.C. Samuel Corum/Bloomberg via Getty Images Jobless Americans should wait to file an amended tax return to get a new tax break on unemployment benefits received last year, the IRS said Friday. The American Rescue Plan Act of 2021, which President Joe Biden signed Thursday, waives federal
Matt Strickland, owner of Gourmeltz in Fredericksburg, Virginia, at his restaurant on Feb. 12, 2021. Strickland continues to operate his restaurant even though he said his license had been revoked by health officials for failing to comply with Covid-19 restrictions. Kevin Fogarty | Reuters For some of the smallest businesses that applied for forgivable loans
Delroy Lindo, Norm Lewis, Clarke Peters, Isiah Whitlock Jr., and Chadwick Boseman star in “Da 5 Bloods.” Netflix On Monday, the 2021 Oscar nominations were revealed. Among the top contenders for this year’s ceremony are “Nomadland,” “Mank” and “Trial of the Chicago 7,” who compete against five other films for the best picture title. As
Traders work on the floor of the New York Stock Exchange. NYSE Do you have Fear of Missing Out on all this wild trading going on this year? Would you buy a FOMO fund if someone offered it to you? Some investors are betting you will. Investing in the stock market these days is like
Bill Ackman, founder and CEO of Pershing Square Capital Management. Cameron Costa | CNBC Billionaire investor Bill Ackman said Monday he donated his entire stake in Coupang — worth more than $1 billion — to charity following the South Korean e-commerce company’s IPO last week. Ackman, who runs the Pershing Square Capital Management hedge fund,
The Internal Revenue Service headquarters in Washington, D.C. Samuel Corum/Bloomberg via Getty Images The IRS should police wealthy Americans who intentionally dodge their income taxes with more vigor, according to a report from the Treasury Inspector General for Tax Administration. About 686,000 taxpayers who earn at least $200,000 a year had a combined $38.5 billion
CNBC’s Jim Cramer said Monday he’s concerned about plans to further ease indoor dining restrictions in New York City, and he won’t accelerate May plans to reopen his Covid shuttered Brooklyn restaurant. Restaurants in the city will be able to expand to 50% occupancy starting Friday, up from the current policy of 25%. The move comes as
Morsa Images | Getty Images A pandemic migration has been underway, at least for young adults ages 18 to 31. That’s according to a Bankrate.com survey that found 31% of people in that age cohort relocated either permanently or for an extended period of time during the pandemic. That’s compared to 16% of adults overall.
Singapore Airlines crew members and travelers at the transit hall of Changi Airport in Singapore on Jan. 14, 2021. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore Airlines shares jumped Monday after the city-state confirmed it was in talks with Australia to set up an air travel bubble. Singapore Airlines shares were up
The Leuthold Group’s Jim Paulsen has a message for investors: Don’t give up on Big Tech. According to the firm’s chief investment strategist, Nasdaq volatility associated with rising Treasury Note yields may not be enough to permanently derail its two decade leadership cycle. “It’s quite a coincidence that that same peak we had three weeks
Millions have left the labor force in the last year, many home with children or health concerns. The statistics may not reflect their aspirations. Robert Hesse was expecting an imminent promotion to manager of Sub Zero Ice Cream, a nitrogen ice cream shop in Ventura, Calif., when it shut down in March because of the
White House Chief Medical Adviser on Covid-19 Dr. Anthony Fauci listens as US President Joe Biden (out of frame) speaks about the 50 million doses of the Covid-19 vaccine shot administered in the US during an event commemorating the milestone in the Eisenhower Executive Office Building in Washington, DC, February 25, 2021. Saul Loeb |
Traders on the floor of the New York Stock Exchange. Source: NYSE U.S. stock futures moved higher in overnight trading and pointed to gains at the open on Monday, continuing last week’s rally that led the Dow and S&P 500 to record highs. Dow futures rose 95 points. S&P 500 futures gained 0.26% and Nasdaq
Anna Flores and Higinio Garcia Photo: Gabriela Alvarez Remember student loan payments? It’s been almost a year now since the U.S. Department of Education allowed tens of millions of federal student loan borrowers to press the pause button on their bills because of the financial damage wrought by the coronavirus pandemic. Around 90% of eligible
A Transportation Security Administration (TSA) agent wears a protective mask and stands behind a protective barrier while screening a traveler at Ronald Reagan National Airport (DCA) in Arlington, Virginia, U.S., on Tuesday, June 9, 2020. Andrew Harrer | Bloomberg | Getty Images TSA officers screened 1,357,111 people at airports on Friday, marking the highest number
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