andresr | E+ | Getty Images “The Great Resignation” is apparently still going strong across America. In fact, some people want to quit their jobs so badly, they are willing to go into debt to do it, a survey from Credit Karma found. Currently, 38% of U.S. workers are seeking employment elsewhere and 41% are
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In this article MNTV The rise of the delta variant, a highly contagious strain of Covid-19, is disrupting reopening plans across the country and introducing even more uncertainty on Main Street. Nearly six in 10 small business owners in the latest CNBC | Momentive Small Business Survey say the new threat is making them shift
Tackling climate change and shifting the economy towards renewable energy has been a key part of the Biden administration’s agenda. However, this effort must first confront an overly complicated and non-neutral tax code, particularly in how it treats nuclear energy, for the White House to reach its ambitious goal of a 100 percent clean energy
Kyle Little, chief operating officer at New York-based wholesale distributor Sherwood Lumber, told CNBC on Thursday that the recent slide in lumber prices has rekindled demand after a massive runup earlier this year challenged the affordability of building projects. “Over the last three weeks we’ve seen renewed interest,” the industry veteran and former lumber trader
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In this article ABNB Airbnb is set to report earnings after the bell in a release that will give insight into how the coronavirus delta variant spread has impacted travel demand. The stock rallied into the report, despite the uncertainty though. The shares were up nearly 2% in Thursday’s session. Matt Maley, chief market strategist
In this article DIS The New York Stock Exchange welcomes The Walt Disney Company (NYSE: DIS), today, Tuesday, May 4, 2021, in honor of Star Wars Day. Source: NYSE Disney is set to report fiscal third-quarter earnings after the bell on Thursday. Here are the key numbers analysts are expecting: Earnings per share: 55 cents
In this article 1735-TW Erin Scott/Bloomberg via Getty Images The Labor Department is pumping $240 million into the nation’s unemployment system to fight ongoing fraud, part of a broader effort to fix flaws in the system exposed by the Covid pandemic. Criminals have targeted unemployment benefits at a high rate since spring 2020, after federal
Getty Images Having a big wad of cash to invest means not only deciding what to buy, but when. If you’re debating between investing the money all at once or through regular deployments at set intervals (known as dollar-cost averaging), be aware that you’re more likely to end up with a higher balance down the
A sign advertising job openings is seen outside of a Starbucks in Manhattan, New York City, New York, U.S., May 26, 2021. Andrew Kelly | Reuters The labor shortage has forced businesses both big and small to find new and creative ways to attract workers. Half of the small business owners polled in the Q3
This week’s map showcases states which levy alternative minimum taxes (AMTs) to prevent corporations from reducing their corporate income tax liability beyond a certain level. Under an AMT, corporations are required to calculate their income tax liability under two systems and pay the higher amount. This requirement under the federal AMT imposed steep compliance costs
In this article TREE darekm101 | Getty Image Big-city dwellers may dream of slashing expenses by moving to the country. But owning a home in a small town can be just as costly as a major metropolis — and in some cases, properties may be pricier. That’s according to a study from LendingTree, which analyzed
Alight (ALIT) recently went public via SPAC last month and the lack of analysts coverage has catalyzed significant undervaluation.
The Cass Freight Index for July released Thursday shows volumes of goods being shipped by truck, car and rail in North America returning to pre-pandemic levels, but the cost of shipping remains elevated. Freight shipment volumes were only 0.5% higher than in July 2019 but 15.6% higher than in the same period last year. Shipments
Palantir Technologies CEO Alex Karp arrives at the “Tech for Good” Summit in Paris, France May 15, 2019. Charles Platiau | Reuters Data-analytics company Palantir released its second-quarter earnings, beating Wall Street’s expectations for revenue and giving upbeat guidance for the current quarter. Shares of the company were up more than 5% premarket. Here’s how
Digital cryptocurrencies, Bitcoin, Ripple, Ethernum, Dash, Monero and Litecoin. Chesnot | Getty Images A person claiming to be the hacker behind one of the biggest cryptocurrency heists of all time says they stole the funds “for fun.” More than $600 million worth of crypto was stolen in the cyberattack, which targeted a decentralized finance platform
From the bath towns of Europe to a desert with the world’s oldest mummies, 34 new sites are now part of UNESCO’s World Heritage List. Only twice in the program’s 43-year history have more new sites made it to the prestigious list in a single year. While the number isn’t without precedent, the way the
10’000 Hours | DigitalVision | Getty Images New Consumer Price Index data points to a possible 6.2% cost-of-living adjustment for Social Security recipients for 2022, according to the latest estimate from the Senior Citizens League. That’s up from a 6.1% estimate the nonpartisan senior advocacy group projected last month. Social Security’s annual cost-of-living adjustment is
They are usually reserved for homebuyers, but bidding wars are becoming more common in the rental home market. Demand for apartment and single-family rentals is surging and outpacing supply. As the economy improves, workers are moving out of shared living situations and looking for their own homes. In addition, the housing market is so expensive
Dr. Peter Hotez told CNBC that he’s glad the Centers for Disease Control and Prevention updated its guidance and urged pregnant women to get vaccinated, especially in light of the widespread misinformation campaigns geared toward pregnant women. “Unfortunately, the bad guys, the anti-vaccine groups, put out a lot of fake information claiming that Covid-19 vaccines