fizkes | iStock | Getty Images For Medicare beneficiaries who want to join an Advantage Plan, now is the time to do it. Just be sure you know what the plan covers and what your potential costs will be — and how long you have to change your mind. During the annual fall open enrollment
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In this article HOOD GME Rafael Henrique | LightRocket | Getty Images The Securities and Exchange Commission said online brokerages, enticed to increase revenue through the controversial industry practice of payment for order flow, are turning stock-trading into a game in order to encourage activity from retail investors. Wall Street’s main regulator on Monday released its
In this article 9984.T-JP Jaidev Janardana, CEO of peer-to-peer lender Zopa. Zopa LONDON — British online lending start-up Zopa has raised $300 million in a funding round led by SoftBank, adding to the soaring investment flowing into Europe’s booming financial technology sector. The company is now valued at $1 billion following the fresh cash injection,
Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, June 3, 2021. Mike Blake | Reuters The nation’s homebuilders aren’t seeing any relief from supply chain issues that have slowed construction recently, but high buyer demand appears to be making up for it. Builder confidence
Pro-Trump protesters storm the U.S. Capitol to contest the certification of the 2020 U.S. presidential election results by the U.S. Congress, at the U.S. Capitol Building in Washington, D.C., U.S. January 6, 2021. Ahmed Gaber | Reuters Former President Donald Trump on Monday filed a lawsuit seeking to block White House records from being obtained
Pro-choice activists hold signs outside the U.S. Supreme Court in Washington, D.C. on Oct. 4, 2021. Stefani Reynolds | Bloomberg | Getty Images The Supreme Court on Monday agreed to a request from abortion-rights advocates and providers to quickly consider taking up their challenge of a restrictive Texas law that bans most abortions after as
AJ_Watt | E+ | Getty Images There are a lot of “firsts” for new parents — and measures to shore up household finances are among them. Expenses for a new baby are often higher than parents expect, according to financial advisors. The average middle-income married couple spends $12,350 to $13,900 a year to raise a
Take a look at some of the biggest movers in the premarket: Zillow (Z) – Zillow slid 6.4% in premarket trading, following a Bloomberg report that the company has temporarily stopped its home-buying service due to overwhelming demand. Revance Therapeutics (RVNC) – Revance shares plunged 33.2% in the premarket after the Food and Drug Administration
A worker carries lumber as he builds a new home in Petaluma, California. Getty Images Rising interest rates will result in a sharp drop in refinance demand in 2022, meaning a lot less business for mortgage bankers, according to the Mortgage Bankers Association’s just-released annual forecast. It predicts total origination volume will drop 33% to
Cargo trucks parked at the Port of Los Angeles in Los Angeles, California, U.S., on Wednesday, Oct. 13, 2021. Kyle Grillot | Bloomberg | Getty Images Thanks to the rollout of coronavirus vaccines, the global economy is slowly starting to emerge from the pandemic. But Covid-19 has left one very destructive economic issue in its
In this article AMZN Amazon Founder and CEO Jeff Bezos Mark Ralston | AFP | Getty Images Five members of the House Judiciary Committee sent a letter to Amazon CEO Andy Jassy questioning whether the company’s top executives misled Congress or lied under oath as part of a broad investigation into competitive practices at big
U.S. Secretary of State Colin Powell gestures as he addresses the Security Council February 14, 2003 at United Nations headquarters in New York City. Stephen Chernin | Getty Images WASHINGTON – Colin Powell, who was the first Black secretary of State and chairman of the Joint Chiefs of Staff, has died from Covid complications at the
If you’ve ever taken a pain killer, there’s a good chance it came from India, the largest producer of generic medicines on the planet. CNNMoney takes you inside the country’s biggest drug maker to see how affordable treatments are made.
In this article MORN BraunS | E+ | Getty Images Many Hispanic Americans aren’t saving enough — or at all — for retirement. More than two-third of Hispanic households aren’t putting aside anything through workplace savings vehicles such as 401(k) plans, a Morningstar report found. Private retirement plans like individual retirement accounts aren’t filling the
[The stream is slated to start at 2 a.m. ET. Please refresh the page if you do not see a player above at that time.] Click on the stream above to watch to CNBC’s Sustainable Future Forum. Monday’s session from Asia focuses on responsibility and regulation. The way in which we achieve a sustainable future
Aerial photography of “river view house” on the side of the Yangtze River. Yichang, Hubei Province, Oct. 16, 2020. Costfot | Barcroft Media | Getty Images The fallout in China’s property sector is showing no signs of abating, as more developers face the threat of default — even as uncertainty over the fate of heavily
People celebrate the Gitlab IPO at the Nasdaq, October 14, 2021. Source: Nasdaq On Oct. 9, 2017, GitLab announced a $20 million funding round led by Alphabet’s GV, formerly known as Google Ventures. The news hit just as larger rival GitHub was about to start its annual developer conference. It was just one instance of
VALERIE MACON | AFP | Getty Images People who collect Social Security are about to see bigger checks. The cost-of-living adjustment in 2022 will be 5.9%, the Social Security Administration said Wednesday. The bump, which will help beneficiaries keep up with rising costs due to inflation, is the largest increase in about 40 years. The
Still from Universal and Blumhouse’s “Halloween Kills.” Universal Audiences flocked to theaters over the weekend to see Universal and Blumhouse’s latest horror flick “Halloween Kills.” The sequel to 2018’s “Halloween” generated an estimated $50.35 million in ticket sales during its domestic debut despite also being made available on Universal’s streaming platform Peacock over the weekend.
Don Bayley | Vetta | Getty Images This week’s announcement of the highest Social Security cost-of-living adjustment since 1982 was welcome news for retirees. It will help alleviate the financial pinch many are feeling. Beneficiaries in 2022 will receive a 5.9% boost to their checks. That’s up from a 1.3% benefit increase for 2021. Even
Megan Leonhardt | CNBC As third-quarter earnings roll out and 2021 winds down, analysts and investors are looking for which companies can close out the year on a bullish note. Many firms had stellar starts to the year, and are in a tough spot to continue growing at such rapid paces. Costco braved the
Sarah Ostrowski was convinced to finally get vaccinated after reading numerous stories on Reddit’s r/HermanCainAward of unvaccinated people dying from Covid-19. Courtesy of Sarah Ostrowski For most of the pandemic, Sarah Ostrowski went to her full-time gas station job in Indiana, accepting the risk of being unvaccinated. Many times a day she interacted with customers
Ron DeSantis, Greg Abbott and Glenn Youngkin Paul Hennessy | SOPA Images | LightRocket via Getty Images; Lucas Jackson | Reuters; Win McNamee | Getty Images A science advocacy group that has supported Democrats is launching a $10 million campaign that includes pushing four Republican governors and a GOP gubernatorial candidate to reject conspiracy theories
The North Korea leader’s temporary disappearance and rumours of ill health have put the spotlight on his sister Kim Yo Jong as a potential successor. The FT’s Korea and Washington correspondents talk to Jung Pak, author and former CIA officer. See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a
Geber86 | E+ | Getty Images It happens to the best of us — after setting a budget, somehow spending goes off the rails. “It’s so easy to do,” said certified financial planner Diahann Lassus, managing principal at Peapack Private Wealth Management, based in New Providence, New Jersey. The coronavirus pandemic, economic recession and subsequent recovery
In this article BTC.CM= Bitcoin on display. Chesnot | Getty Images Bitcoin climbed Friday to hit a five-month high, and was inches away from hitting $60,000. The world’s biggest cryptocurrency surged as high as $59,920, notching its highest level since May. 10. But it struggled to break above the $60,000 mark. Bitcoin was last trading
General view of the Hollywood Sign on November 17, 2020 in Hollywood, California. AaronP/Bauer-Griffin | GC Images | Getty Images A deal has been struck between Hollywood’s studios and a union representing its film and television crews that would avert a historic strike that has threatened to shut down production across the industry. On Saturday,
U.S. President Joe Biden responds to a question from a reporter after speaking about coronavirus disease (COVID-19) vaccines and booster shots in the State Dining Room at the White House in Washington, September 24, 2021. Evelyn Hockstein | Reuters Led by Texas Gov. Greg Abbott, Republican-run states are already gearing up to challenge the legality
In this article COIN Grandbrothers | iStock Editorial | Getty Images Kenny Schachter, an art dealer, columnist for Artnet and self-proclaimed nonfungible tokens evangelist, believes that the digital works could eclipse the traditional art market within five years. This month cryptocurrency exchange Coinbase and the auction house Sotheby’s, which has been around since 1744, both
In this article SPCE Virgin Galactic pilots walk to the company’s SpaceShipTwo Unity spacecraft, attached to the jet carrier aircraft Eve. Virgin Galactic Virgin Galactic stock plunged in trading on Friday after the company said it would delay any spaceflights to next year as it refurbishes its vehicles. While Virgin Galactic hoped to fly its
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