A person walks past a Microsoft logo at the Microsoft office in Beijing, China August 4, 2020. Thomas Peter | Reuters BEIJING — Foreigners put more of their money in China last year as the country’s size and growth stood out in a world still trying to manage the coronavirus pandemic. In the capital city
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A traveler exits a testing center at Heathrow Airport on January 17, 2021 in London. Hollie Adams | Getty Images News | Getty Images President Donald Trump on Monday lifted a Covid-19 ban on most foreigners from from Europe, the U.K. and Brazil from entering the U.S., effective Jan. 26. The White House put the
U.S. President Donald Trump plays golf at the Trump International Golf Club in West Palm Beach, Florida, U.S., December 30, 2020. Marco Bello | Reuters Palm Beach County in Florida this week began seeking a way to terminate a contract with President Donald Trump’s prized International Golf Club. The county attorney’s office confirmed to NBC
Once president-elect Joe Biden is inaugurated on Jan. 20, free college could finally become a reality. “With the makeup of this Congress, I am very optimistic that this will be on the agenda,” said Morley Winograd, president and CEO of the Campaign for Free College Tuition. “The only person more passionate about this is first lady Jill Biden.” On the
National Guard members unload weapons and supplies outside of the U.S. Capitol building on Sunday, Jan. 17, 2021 in Washington, DC. Kent Nishimura | Los Angeles Times | Getty Images A “small fire” under a nearby bridge prompted the temporary shutdown of the U.S. Capitol complex and the evacuation of the west front of the
A progressive group is urging corporations to stop contributing to the Federalist Society after one of the conservative legal organization’s leaders was featured at last week’s rally that preceded the deadly riot on Capitol Hill. Demand Justice told CNBC that it wants corporations to stop giving to the Federalist Society after member John Eastman, a
For many Americans, a top resolution for 2021 is to save more money, a familiar goal from prior years. Achieving that this year, however, may be much more difficult and may have to be done a bit differently, especially when it comes to saving for retirement. Nearly four out of 10 people said they’ll be
Rohit Chopra testifies during a Senate Commerce, Science, and Transportation Committee confirmation hearing on February 14, 2018. Tom Williams | CQ-Roll Call, Inc. | Getty Images President-elect Joe Biden has chosen Rohit Chopra to be the next director of the Consumer Financial Protection Bureau, two sources told NBC News. Chopra, a member of the Federal
A file photo dated September 29, 2019 shows Russian opposition leader Alexei Navalny during a rally in support of political prisoners in Prospekt Sakharova Street in Moscow, Russia. Alexei Navalny is unconscious in hospital after allegedly being poisoned according to his press secretary. Sefa Karacan | Anadolu Agency via Getty Images WASHINGTON – President-elect Joe
Jovita Carranza, administrator of the U.S. Small Business Administration, testifies at a Senate Small Business and Entrepreneurship Committee hearing on June 10, 2020 in Washington. Al Drago-Pool/Getty Images) Second EIDL grants That may confuse business owners, since the $900 billion Covid relief package passed last month allows some companies to get a second EIDL grant.
Democratic U.S. presidential candidate and former Vice President Joe Biden pauses at the Human Rights Campaign Foundation and CNN’s presidential town hall focused on LGBTQ issues on October 10, 2019 in Los Angeles, California. Mario Tama | Getty Images As President-elect Joe Biden prepares to take office facing more crisis than any other president in
President-elect Joe Biden plans to take immediate executive action to turn the page on the Trump era after his inauguration speech this week, chief of staff Ron Klain said Sunday after laying out Biden’s plan for his first days office. Biden is planning a 10-day blitz of executive action on what his administration is calling
Jernessa Jones, 39, and her son Kyan Blair, 5, at graduation. Jones graduated with her master’s degree in business administration at the same time Blair graduated from preschool. Jernessa Jones’ next financial goal is twofold – to buy a house and begin to build generational wealth for her 5-year-old son, Kyan Blair. In the last
Intel logo exhibited during the Mobile World Congress, on February 28, 2019 in Barcelona, Spain. Joan Cros | NurPhoto | Getty Images Earnings season is here, and Wall Street analysts are calling for another decline amid the pandemic. However, some pros are more optimistic about the fourth quarter earnings season, with Ignacio Cantos, investment director
Miami Mayor Francis Suarez speaks to the media during the annual hurricane preparation exercise at the City of Miami’s Emergency Operations Center on May 29, 2019 in Miami, Florida. Joe Raedle | Getty Images Miami Mayor Francis Suarez was leaving lunch at tech billionaire Peter Thiel’s house and on his way back to City Hall
President Donald Trump retains overwhelming support from Republican voters in the final days of his term, an NBC News poll conducted after a mob of his supporters stormed the U.S. Capitol shows. Nearly nine in 10 Republicans approve of Trump’s job performance, according to the survey, a figure virtually unchanged from just ahead of the
Members of the National Guard stop a vehicle at a checkpoint on January 16, 2021 in Washington, DC. Joe Raedle | Getty Images News | Getty Images A Virginia man who showed police an unauthorized inauguration credential at a checkpoint along the perimeter securing downtown Washington, D.C., ahead of Inauguration Day was arrested after a
US President-elect Joe Biden delivers remarks on the public health and economic crises at The Queen theater in Wilmington, Delaware on January 14, 2021. Jim Watson | AFP | Getty Images President-elect Joe Biden made a case for sending stimulus payments to all Americans who are eligible – including those who have kept their jobs
Take a look at some of the biggest movers in the premarket: JPMorgan Chase (JPM) – The bank reported fourth-quarter earnings and revenue that topped Wall Street forecasts. Strong trading and investment banking results were among the factors helping the company’s bottom line. PNC Financial (PNC) – PNC reported better-than-expected revenue and earnings for the
Andy Jassy, CEO of Amazon Web Services. CNBC Getting kicked off Amazon Web Services is rare, but it has enormous consequences. It happened this week, when Amazon dropped Parler, a social network that gained traction from conservatives after Twitter banned President Donald Trump and housed content that encouraged violence. Parler filed suit against Amazon in
Vice President Mike Pence listens during a briefing about the upcoming presidential inauguration of President-elect Joe Biden and Vice President-elect Kamala Harris, at FEMA headquarters, January 14, 2021, in Washington. Alex Brandon | Reuters Vice President Mike Pence called his soon-to-be successor, Vice President-elect Kamala Harris, to congratulate her and offer his assistance before she
FT’s Robert Armstrong looks at the surging stock prices of Tesla, Bitcoin and Nasdaq index stalwarts which the Federal Reserve could view as a tech-led asset bubble See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132 ► Check out our Community tab for more stories or
Angela Weiss | AFP | Getty Images Yet again, the Mega Millions jackpot has catapulted higher. The top prize is now a staggering $850 million — the third-largest in lottery history — following no ticket matching all numbers drawn Friday night. Then there’s Powerball: Its jackpot is an estimated $640 million for Saturday night’s drawing.
The reflection of bitcoins in a computer hard drive. Thomas Trutschel | Photothek via Getty Images LONDON — A British man who accidentally threw out a hard drive with a trove of bitcoin on it is once again urging local city officials to let him search for it in a landfill site. James Howells, a
Several Democratic governors are criticizing the Trump administration for apparently misleading public health officials about holding a stockpile of Covid-19 vaccines in reserve. Health and Human Services Secretary Alex Azar said on Tuesday that the government would begin releasing doses of vaccine that were being held in “physical reserve” to ensure enough supply for second
A member of the National Guard mounts guard near the U.S. Capitol building, as the House of Representatives debates impeaching U.S. President Donald Trump a week after his supporters stormed the Capitol building in Washington, U.S., January 13, 2021. Brandon Bell | Reuters The Democratic-led House of Representatives on Saturday sent a letter to FBI
Andrea Herrera, president of Amazing Edibles Gourmet Catering and founder of Boxperience Angela Garbot For Andrea Herrera, founder of Amazing Edibles Catering in Chicago, the pandemic has tested her ability to adapt on the fly amid falling revenues. Since last March, the firm shifted from catering weddings and corporate events to providing first-responder meals and
Fuel prices are displayed at an Exxon Mobil Corp. gas station in Arlington, Virginia, U.S., on Wednesday, April 29, 2020. Andrew Harrer | Bloomberg | Getty Images Company: Exxon Mobil Corp. (XOM) Business: Engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products.
Alex Wong | Getty Images News | Getty Images $400 weekly boost Workers got $323 a week in state benefits, on average, in the third quarter last year, according to most recent U.S. Labor Department data. That aid replaced about 38% of their average pre-layoff wage, which was $843 a week. A $400 increase in
After a record year in 2020, the exchange-traded fund space is set to continue its rapid growth, Invesco says. The industry’s ability to accrue over $500 billion in new assets last year “proves a couple of things,” Anna Paglia, the company’s head of ETFs and indexed securities, told CNBC’s “ETF Edge” this week. “First of
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