Marco Vdm | E+ | Getty Images The wage gap costs women in the U.S. about $1.6 trillion a year, a new report finds. Women earned 78 cents for every dollar that men made in 2022, according to National Partnership for Women and Families. Researchers calculated the total cost to women of the wage gap
Artistgndphotography | E+ | Getty Images The Federal Reserve is likely to pause its aggressive interest rate hikes when it meets this week, experts predict. But consumers may not feel any relief. The central bank has already raised interest rates 11 times since last year — the fastest pace of tightening since the early 1980s. Yet recent
U.S. homebuilders are feeling pessimistic about their business for the first time in seven months, thanks to stubbornly high mortgage rates. Builder confidence in the single-family housing market fell 5 points in September to 45 on the National Association of Home Builders/Wells Fargo Housing Market Index. The decrease follows a 6-point drop in August. Anything
In this article UPS AAL DAL Follow your favorite stocksCREATE FREE ACCOUNT An American Airlines 787 is loaded with cargo at Philadelphia International Airport. Leslie Josephs/CNBC More companies are warning that a surge in the cost of fuel and employee pay hikes will eat into profits this quarter. Companies from aerospace manufacturers to package delivery
Chinese ride-hailing giant Didi delisted from the New York Stock Exchange just months after its June 2021 IPO after a now-resolved regulatory probe that had forced Didi to suspend new user registrations. Brendan McDermid | Reuters BEIJING — Slowing growth and geopolitical tensions are stifling the Chinese startup world that once spawned unicorns such as
In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT Many Airbnb users with bookings in New York City this Christmas are scrambling to find new accommodations. The company announced plans to cancel and refund bookings for stays after Dec. 1, according to the Associated Press, after long-planned regulations aimed at curbing illegal short-term rentals
Ray Dalio speaks during the 2023 Forbes Iconoclast Summit at Pier 60 on June 12, 2023 in New York City. Taylor Hill | GGetty Images U.S. billionaire Ray Dalio says new investors should have a diversified portfolio as economic and geopolitical headwinds persist. “I would like to have diversification, because what I don’t know is
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Chief executive officer of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange (NYSE), November 27, 2017 in New York City. Getty Images Usually when a person or company sells something, the
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT People carry signs as SAG-AFTRA members walk the picket line in solidarity with striking WGA workers outside Netflix offices in Los Angeles, July 11, 2023. Mario Tama | Getty Images News | Getty Images Picket signs have lined the gates of Hollywood’s studios for nearly
CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq While macro uncertainty continues to distract investors, it is prudent to focus on companies that are well-positioned to navigate challenges with their solid execution and deliver attractive growth over the long term by capitalizing on secular trends. Here are five such stocks chosen by
Suriyapong Thongsawang | Moment | Getty Images Inflation is broadly retreating in the U.S. economy. But starting in October, health insurance is poised to act as a countervailing force that buoys inflation for about a year, economists said. That’s significant at a time when policymakers are using inflation data to determine how to set interest
In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT A McDonald’s fast food restaurant is seen in Belmont, United States on April 03, 2023. Tayfun Coskun | Anadolu Agency | Getty Images After California lawmakers passed a landmark fast-food bill, an independent advocacy group of McDonald’s owners is pushing back against what it says
In this article ETSY SMTC YUMC 9987-HK CVX XOM HPQ NFLX V Follow your favorite stocksCREATE FREE ACCOUNT Striking Writers Guild of America (WGA) members walk the picket line in front of Netflix offices as SAG-AFTRA union announced it had agreed to a ‘last-minute request’ by the Alliance of Motion Picture and Television Producers for
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In this article CMG YUM QSR-CA MCD Follow your favorite stocksCREATE FREE ACCOUNT Flags are flown at a car caravan and rally of fast food workers and supporters for passage of AB 257, a fast-food worker health and safety bill, on April 16, 2021 in the Boyle Heights neighborhood of Los Angeles, California. Mario Tama
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Co-founders Eddie Kim, Josh Reeves, and Tomer London of fintech startup Gusto, which handles payroll services for small businesses. Courtesy: Kelly Boynton | Gusto JPMorgan Chase is stepping up its appeal to small business customers by planning to offer digital payroll processing, CNBC has learned.
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT MALIBU, California – The most amazing thing about the $2.1 million Rimac Nevera is how easy it is to just get in and drive. The Nevera is an electric hypercar from Croatia. It sits low — very low — to the ground, and at first
Pedestrians walk past a Pizza Hut restaurant and a KFC restaurant, both operated by Yum China, in Beijing, China, on Sept. 5, 2020. Bloomberg | Bloomberg | Getty Images BEIJING — Yum China is spending more on tech, an investment that’s allowed it to open more stores without having to hire more staff, CEO Joey
Mark Cuban has “a secret that all successful people know,” he says: Beware of anyone who claims they can sell you a foolproof strategy for making easy money. “When you see somebody on social media telling you how they’re going to make you money, they’re lying,” the billionaire entrepreneur and investor told his 940,000-plus TikTok
In this article CTLT Follow your favorite stocksCREATE FREE ACCOUNT Rows of glass vials in a biologics laboratory in Sweden. Photographer: Mikael Sjoberg/Bloomberg Bloomberg Creative | Bloomberg Creative Photos | Getty Images Company: Catalent (CTLT) Business: Catalent develops and manufactures solutions for drugs, protein-based biologics, cell and gene therapies, and consumer health products worldwide. The