Server Nioka Mantilla arranges items in the buffet at the DoubleTree by Hilton Hotel on Penn Street in Reading, Pennsylvania, Friday morning May 7, 2021. Ben Hasty | MediaNews Group | Reading Eagle via Getty Images The stunningly disappointing April jobs report shouldn’t be taken as an indictment against the fast-moving economic recovery but shouldn’t
A help wanted sign is posted at a taco stand in Solana Beach, California. Mike Blake | Reuters The much-weaker-than-expected April jobs report reinforces the Federal Reserve’s easy policy stance, but some strategists still expect the central bank to signal in the next couple of months that it will slow down its bond buying. Economists
“I know how it feels to have your privacy invaded by photographers, whether it is in work mode or privately. So I have always been sensitive to that,” says Julian Lennon, describing the philosophy that has driven his decades-long career in photography. “I’m a fly on the wall. Nothing is staged. I don’t want to
A potential home buyer reviews paperwork during an open house in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images It is tough to be a homebuyer today. The supply of homes for sale is at a record low, homebuilders are slow to step up, and prices are rising at the fastest pace in nearly
To showcase Rhode Island’s progress on school construction, state General Treasurer Seth Magaziner spoke in front of the $189 million East Providence High School scheduled to open in the fall. The old building, which opened in 1951, was part of a cookie-cutter system that a school district in Texas adapted from East Providence. That Texas
The re-election of Brazilian president Dilma Rousseff did not wipe out local asset prices as many predicted. And even though many investment firms see the Bovespa index eventually bottoming out at 46,000 points before rallying again, the story on the long-term is still out. For now, a short honeymoon period with the new Dilma is
A New Shepard rocket launches on a test flight. Blue Origin Jeff Bezos’ space venture Blue Origin will launch its first astronaut crew to space on July 20, flying on its space tourism rocket called New Shepard, the company announced Wednesday. The company has yet to open ticket sales or release pricing information about New
Gary Gensler, then-chairman of the U.S. Commodity Futures Trading Commission (CFTC). Simon Dawson | Bloomberg | Getty Images New Securities and Exchange Commission Chairman Gary Gensler will testify before the House Financial Services Committee on Thursday. This is the third House hearing focused on GameStop, but this is Gensler’s first appearance as chairman before the Committee.
In this article ETSY RUN K NurPhoto Check out the companies making headlines in midday trading. Kellogg — Shares jumped more than 8% after the cereal and snack food company beat expectations on the top and bottom lines for the first quarter. Kellogg earned an adjusted $1.11 per share on $3.58 billion in revenue, helped
A few days ago on May 3rd workers on 7th Ave and 48th St in Manhattan unveiled Times Square’s newest billboard flanked by bright red LED Coca-Cola banners and advertisements for The Phantom Of The Opera, even though the Big Apple’s Broadway theaters have been closed for more than a year. The 10’ x 60’
Housing experts say a judge’s overturning of the federal eviction moratorium on Wednesday puts tenants at risk just as rental assistance is finally making its way to renters behind on housing payments. A coalition of landlords and property owners brought a suit — which is one of many — against the Centers for Disease Control
California state officials are responding to a growing demand by investors for disclosure on climate change risks with efforts to create uniform standards for reporting risk. Earlier this month, the Governor’s Office of Planning and Research partnered with Stanford University’s Sustainable Finance Initiative to create an advisory group to study the challenges posed by climate
Bitcoin was in mint condition after the weekend as it headed towards $59K on Monday morning, preserving its high-performing crypto coin. Just this past weekend, Bitcoin experienced a slow deflation, first with a surprise rally on Friday. Things turned around on Sunday overnight as the Bitcoin price approached $60K as the cryptocurrency continues to hold
CNBC’s Jim Cramer said Wednesday he trimmed some of his ether holdings after the world’s second-largest cryptocurrency by market value notched a series of record highs. “I sold half my Ethereum yesterday … and I put some money down to own a Hummer,” Cramer said on “Squawk on the Street,” referring to the upcoming all-electric vehicle from
Traders on the NYSE, May 3, 2021. Source: NYSE It’s not just about earnings anymore: Dividends and huge inflows are helping stocks power forward. April trading data is in, and it shows two surprises: an increase in dividends, and huge inflows into equities that are even stronger than the first three months of the year.
Take a look at some of the biggest movers in the premarket: General Motors (GM) – The automaker earned $2.25 per share for the first quarter, compared to a consensus estimate of $1.04 a share, though revenue was very slightly below forecasts. GM said its results were helped by strong auto pricing as well as
For some, there’s nothing better than to get away from it all; for others, even the idea of exploring the great outdoors may seem like more of a chore than a vacation. In this week’s look at luxury real estate around the world, I took a look at three properties in cities popular among outdoor
An eviction notice in Los Angeles. Lucy Nicholson | Reuters Federal Judge Dabney Friedrich struck down on Wednesday the national eviction moratorium, potentially leaving millions of Americans at risk of losing their homes. The Centers for Disease Control and Prevention has banned most evictions across the country since September. President Joe Biden extended that protection
The U.S. Treasury kept its quarterly auction of long-term debt, planned for next week, at a record size to help fund the government’s continuing wave of stimulus spending. It’s the first time in more than a year that the so-called quarterly refunding total hasn’t risen, suggesting that financing needs have peaked. The department, in a
In this article ARKK ARKQ Cathie Wood, chief executive officer and chief investment officer of ARK Investment Management LLC, speaks during the Sooner Than You Think conference in the Brooklyn borough of New York on Tuesday, Oct. 16, 2018. Alex Flynn | Bloomberg | Getty Images Star manager Cathie Wood’s flagship fund —ARK Innovation —
In this article .DFII Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021. Source: NYSE The NYSE is adjusting its Covid protocols and will allow more people on its trading floor. Beginning Monday, members of the floor community who have been fully vaccinated will be exempt from certain restrictions, including
A customer walks towards the entrance of a CVS Health Corp. store in downtown Los Angeles, California, U.S., on Friday, Oct. 27, 2017. Christopher Lee | Bloomberg | Getty Images Check out the companies making headlines in midday trading. U.S. Steel — Bucking declines in the broader market, shares of U.S. Steel rose 5.8% in
There are things you can do when a property doesn’t sell: finish major repairs, add new paint or even change up the staging. But what do you do when the property is a massive hilltop? Turn to social media, of course. On Angelo Drive in Beverly Hills, a legendary estate once home to Hollywood stars
Cars line up to pick up food boxes at the Athens County Fairgrounds in Athens, Ohio, on Dec. 19, 2020. BRAD LEE | AFP | Getty Images The U.S. economy is on the mend. But the unequal — or K-shaped — nature of the recovery persists. Economic activity is on pace to return to pre-pandemic
In 2016, the District of Columbia Water and Sewer Authority (DC Water) was under a federal court order to fix its combined sewer system, which dumped raw sewage into the nearby Potomac River after heavy rains. The price tag was steep: nearly $1 billion for the planned installation of just one of three massive tunnels
Astra VP of manufacturing Bryson Gentile, left, and CEO Chris Kemp take a protective cover off a rocket fairing half. Michael Sheetz | CNBC ALAMEDA, California — Rocket builder Astra wants to simplify the launch business, with the soon-to-be-public company on a quest to both cut manufacturing costs while dramatically increasing the number of launches
A general view of the Draft Kings sign on the right field wall during the Major League Baseball game between the Philadelphia Phillies and the Toronto Blue Jays on September 20, 2020 at Citizens Bank Park in Philadelphia, PA. Rich Graessle | Icon Sportswire | Getty Images Check out the companies making headlines in midday
No one was cool like Steve McQueen. It stands to reason that the legendary actor owned a Malibu beach house back in the day; like riding a motorcycle away from Nazis or driving a green Mustang hell-bent-for-leather over the vertiginous streets of San Francisco, he set the standard for how to do it with utter
PeopleImages | E+ | Getty Images If you are in the market for a new house, you may be overlooking one key to your success: your credit score. That three-digit number has a direct impact on your ability to get a mortgage and what interest rate you will pay. Mortgage rates are at two-month lows,
Most of the $8.5 billion of bond proposals in Saturday’s Texas local bond elections were successful, including nearly $884 million that were rejected last November. The proposals included about $6.5 billion of school district bonds, $1.6 billion for cities, $319 million for counties and $139 million for community colleges. Three school districts that saw their
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