An illustration of the SpaceMobile satellite constellation. AST SpaceMobile Shares of satellite-to-smartphone broadband company AST SpaceMobile began trading on the Nasdaq on Wednesday, with the company the first among a flurry of recent space companies to close its SPAC deal. AST SpaceMobile trades under the ticker ASTS, with shares previously listed under the SPAC New
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Win McNamee | Getty Images News | Getty Images Taxes on retirement savings are inevitable — it’s really a question of now or later. President Joe Biden’s tax plan may make it better to pay Uncle Sam now. Taxpayers can do that by saving in a Roth account or converting a traditional, pre-tax account to
Ting Shen/Bloomberg via Getty Images The Consumer Financial Protection Bureau proposed a delay Wednesday to two debt-collection rules issued in the waning days of the Trump administration. Those rules broadly addressed how debt collectors may communicate with and make disclosures to consumers. Kathy Kraninger, the former CFPB head during the Trump administration, said the measures
Billionaire Rick Caruso’s eponymous real estate company is jumping into the world of cryptocurrency, announcing Wednesday it will begin accepting bitcoin as rent payment at its residential and retail properties. The privately held firm said it also has invested a portion of its corporate treasury in bitcoin and entered into a partnership with Gemini, the
In this article DAI-DE Mercedes-Benz can brag that it gave the world the first production automobile. It has long been an innovator, a relentless pursuer of quality and engineering excellence. Many consumers say owning a Mercedes-Benz is a sign they have finally made it in life. It is considered one of the most aspirational brands
Take a look at some of the biggest movers in the premarket: Beyond Meat (BYND) – Beyond Meat announced the opening of a new manufacturing facility in China, its first outside the United States. The plant-based food company said the new factory would significantly increase its ability to deliver products in the region. Beyond Meat
Gone are the days when booking a private jet required a long conversation on the phone. Now, mobile apps let flyers book charter flights in a matter of minutes. Major players in private aviation, as well as emerging competitors, now have apps. Many follow a similar process: Customers choose where they’re coming from and their
Larry Connor The Connor Group Larry Connor, the leader of eponymous Ohio-based real estate firm The Connor Group, earlier this year signed on to fly to the International Space Station. But first, before beginning his astronaut training, Connor will dive to the bottom of the ocean. Connor is partnering with deep sea specialist EYOS Expeditions
Sawitree Pamee / EyeEm | EyeEm | Getty Images The recent ascent of bitcoin and other cryptocurrencies has enriched early investors with returns more akin to the lottery than your typical bread-and-butter investment. After all, a $10,000 investment at $100 per bitcoin would currently be worth an estimated $5 million. Of course, when an asset
Those armed with a newly minted diploma are entering a job market that suddenly looks a lot more promising than it did a year ago. Employers project hiring 7.2% more new college graduates from the Class of 2021 than they did from the Class of 2020, according to a report from the National Association of Colleges
Customer Tamara Jenkins tries on a hat with Meeka Robinson Davis, owner of One-Of-A-Kind Hats, at the store in the Windsor Hills neighborhood of Los Angeles on Nov. 24, 2020. Patrick T. Fallon | AFP | Getty Images Small businesses are realizing they might not have much time to tap the Paycheck Protection Program as
Shoppers walk through a nearly empty Palisades Center Mall retail center in West Nyack, New York, February 3, 2021. Mike Segar | Reuters If you noticed more darkened windows and empty stores at the mall recently, you’re not alone. The vacancy rate for regional malls in the United States hit a record 11.4% in the
In this article GM The new 2019 Chevrolet Silverado 1500 makes its official debut at the 2018 North American International Auto Show January 13, 2018 in Detroit, Michigan. Bill Pugliano | Getty Images DETROIT – Shares of General Motors reached a new record during intraday trading Tuesday after the automaker confirmed plans to produce an
Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock index futures advanced during overnight trading, after the major averages finished Tuesday’s session in the red. Futures contracts tied to the Dow Jones Industrial Average gained 27 points. S&P 500 futures rose 0.05%, while Nasdaq 100 futures were up 0.04%. The
Signage is displayed outside Morgan Stanley & Co. headquarters in the Times Square neighborhood of New York. Michael Nagle | Bloomberg | Getty Images The night before the Archegos Capital story burst into public view late last month, the fund’s biggest prime broker quietly unloaded some of its risky positions to hedge funds, people with
Jeff Greenberg | Universal Images Group | Getty Images Around 1 in 10 people have fallen victim to gift card scams, according to a survey from AARP, the advocacy group for older Americans. In these scams, criminals convince targets that they need to purchase a gift card, sometimes called an electronic voucher, to pay bills,
What do Alabama, Kansas, Nebraska, Rhode Island, and South Dakota have in common? They’re the only states that did not adopt or implement some sort of tax cut in 2019 or 2020, based on NCSL tables on new revenue negative tax provisions (43 states) and Tax Foundation research on the implementation of previously-adopted phased tax
Andrew Harrer | Bloomberg | Getty Images The Consumer Financial Protection Bureau is warning mortgage servicers that they’re expected to help the surge of struggling homeowners in the pandemic and explore options other than foreclosure. “Responsible servicers should be preparing now,” CFPB Acting Director Dave Uejio said in a statement. “There is no time to
As the U.S. continues to increase the pace of its vaccination campaign, now averaging more than 3 million shots per day, those in the most vulnerable age group are leading the way. About 75% of Americans 65 and older have received at least one shot, according to Centers for Disease Control and Prevention Data, and
In this article SNAP ILMN PAYX SIG MRNA S3 Studio | Getty Images Check out the companies making headlines in midday trading. Snap — The social media company’s stock price jumped about 4.7% after Atlantic Equities upgraded the stock to overweight from neutral. The Wall Street firm said that Snap has transformed into a broad
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