In this article COF TROW RCL CCL GS CAKE Pedestrians wearing protective masks wait to enter a Disney store in San Francisco, California, on Wednesday, Dec. 23, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Virgin Galactic — Shares of Virgin Galactic were down 14%
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Sterling notes and coins are laid out for a photo. Matt Cardy | Getty Images LONDON — The coronavirus pandemic has further widened the U.K.’s wealth gap, with the richest 10% of households seeing an average gain of £51,238 ($70,977) during the crisis, according to a new report. The U.K.’s poorest households, meanwhile, saw their
In this article SPCE NASA Administrator Bill Nelson on Monday commended Virgin Galactic founder Richard Branson after he traveled to the edge of space as a passenger on his company’s VSS Unity spacecraft. “We put up Alan Shepard and Gus Grissom into suborbit 60 years ago, and now we’ve come to this, and I think
Rolf Bruderer | Tetra images | Getty Images The greatest wealth transfer in history is underway, and taxes may take a bite from inheritances without proper estate planning, financial advisors say. It’s estimated that nearly 45 million U.S. households will transfer more than $68 trillion over the next 25 years, according to Cerulli Associates. Baby
Allyson Felix celebrates with her daughter Camryn after finishing second in the Women’s 400 Meters Final on day three of the 2020 U.S. Olympic Track & Field Team Trials in Eugene, Oregon. Patrick Smith | Getty Images Sport | Getty Images When runner Allyson Felix heads to Tokyo to compete in the Olympics, she’ll go
In this article RDFN A home stands for sale in a Brooklyn neighborhood with a limited supply of single family homes on March 31, 2021 in New York City. Spencer Platt | Getty Images For more than a year now, the housing market has been a perfect storm for sellers, but the winds may finally
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Pedestrians relax in the sunshine in Greenwich Park in view of skyscrapers in the Canary Wharf business, shopping and financial district in London, U.K., on Monday, March 29, 2021. Bloomberg | Bloomberg | Getty Images LONDON — U.K. Prime Minister Boris Johnson is expected to confirm on Monday that the final easing of lockdown rules
In this article OMEG Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters (Click here to subscribe to the new Delivering Alpha newsletter.) For SPAC investors wanting to pick winners in the cooling market, one characteristic of blank-check deals has led to steady outperformance. The biggest make-or-break factor of a SPAC’s
(Click here to subscribe to the new Delivering Alpha newsletter.) Climate change has been one of the biggest topics of 2021, but private capital specifically, is still in a very nascent stage in making progress in this space. TPG’s Executive Chairman Jim Coulter is raising one of the very few climate funds in existence. Here he is
Businesses around the world often operate in more than one country, making them subject to multiple tax jurisdictions. To prevent businesses from minimizing their tax liability by taking advantage of cross-country differences, countries have implemented various anti-tax avoidance measures, such as the so-called Controlled Foreign Corporation (CFC) rules. Controlled Foreign Corporation rules apply to certain income
In this article DIS Scarlett Johansson and Florence Pugh star as Natasha and Yelena in Marvel’s “Black Widow.” Disney “Black Widow” has stolen the pandemic-era box office crown. The latest Marvel film scored $80 million at the domestic box office during its debut, the most of any film released in the wake of the Covid
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures opened mostly flat late Sunday as earnings season kicks off this week. Futures on the Dow Jones Industrial Average added 25 points, or 0.07%. S&P 500 futures edged 0.08% higher and Nasdaq 100 futures rose 0.17%. The three major indexes closed
San Antonio Spurs assistant coach Becky Hammon, left, talks to Spurs head coach Gregg Popovich, right, on the court during a timeout in the second half of an NBA basketball game against the Los Angeles Lakers in San Antonio. Darren Abate | AP Becky Hammon moved the needle, but the National Basketball Association assistant coach
As Americans recover from the widespread economic impact of the Covid-19 pandemic, some are already looking ahead and putting “financial defenses” in place to head off the next period of uncertainty. More than half, 58%, of Americans say they’re in “financial recovery mode,” according to Northwestern Mutual’s recent 2021 Planning & Progress Study. The annual survey,
An employee of the Internet company Facebook walks through the courtyard of the company campus in Menlo Park, California. Christoph Dernbach | picture alliance | Getty Images When Wall Street analysts take a more bullish stance on a particular stock, it could mean that the name is undervalued and has room to run. The stocks
Steven Stamkos #91 of the Tampa Bay Lightning celebrates in the locker room with the Stanley Cup after the Tampa Bay Lightning defeated the Montreal Canadiens in Game Five to win the best of seven game series 4-1 during the Stanley Cup Final of the 2021 Stanley Cup Playoffs at Amalie Arena on July 7,
jittawit.21 | iStock | Getty Images With the pandemic proving hard to leave behind and the global economy still suffering, the stock market is having a bad week. The Dow Jones Industrial Average dropped about 350 points, or 1.1%, in early Thursday trading, and the S&P 500 fell 1.3%. But while it can be painful
Men relax on the sidewalk this rural Delta community on April 27, 2021 in Greenville, Mississippi. Spencer Platt | Getty Images Mississippi state health officials issued new guidance on Friday that calls for state residents over the age of 65 and immunocompromised residents, vaccinated or unvaccinated, to avoid any indoor mass gatherings for the next