Tom Werner | DigitalVision | Getty Images More households got a monthly payment of the child tax credit in August, reaching an additional 1.6 million kids relative to July, the Treasury Department and IRS said Friday. The IRS disbursed $15 billion to families in the second round of payments, issued Friday to households with about
New York City housing advocates and tenants march to demand Gov. Andrew Cuomo cancel rent amid the pandemic on Oct. 10, 2020. Andrew Lichtenstein | Corbis News | Getty Images A U.S. judge rejected on Friday a request by landlord groups to block the Centers for Disease Control and Prevention’s new eviction moratorium. The decision
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In this article WMT BBBY TGT KSS College students shopped for back to school items. David L. Ryan | Boston Globe | Getty Images Jade Dedrick spent the past year holed up in her childhood bedroom taking college classes on video. She had a short back-to-school shopping list last fall: a five-subject notebook, colorful pens
In this article NIO Nio plans to begin deliveries of its ET7 electric sedan in 2022. Evelyn Cheng | CNBC GUANGZHOU, China — Nio shares rose more than 1% in after-hours trade on Wednesday after the Chinese electric carmaker posted a narrower than expected loss and a surge in revenue. The start-up lost 0.42 yuan
In this article SOFI DASH ME ABNB DIS Check out the companies making headlines before the bell: Walt Disney (DIS) – Walt Disney reported adjusted quarterly earnings of 80 cents per share, well above the 55-cent consensus estimate, with revenue beating forecasts as well. Disney’s performance was boosted by a rebound in U.S. theme park
Travelers looking for a vacation in the great outdoors are turning to a nostalgic source of comfort and solitude: treehouses. But these aren’t the treehouses of their childhood. Like the travelers who are booking them, the treehouses have matured too. Modern treehouses are more luxury homes than kid hangouts — with a price to match.
In this article VGII SPCE Sir Richard Branson waves out the window of spacecraft VSS Unity before launching on July 11, 2021. Virgin Galactic Virgin Galactic founder Sir Richard Branson sold more of his ownership of the space tourism company this week, dumping another huge stake to fund his other ventures. Branson, through his Virgin
Every working parent was put to the test in 2020. Managing job responsibilities along with remote school and other household tasks caused some to fall behind professionally, at least temporarily, while others remain sidelined. “At the beginning, I thought he could work alongside me, but it proved to be really difficult,” said Sara Abate Rezvanifar,
Heavy cranes at Ningbo Harbor in China. Philiphotographer | iStock | Getty Images China has shut down a key terminal at its Ningbo-Zhoushan port, the third busiest port in the world, after one worker was found to be infected by Covid — a move that will likely put further pressure on already stretched supply networks.
In this article ABNB Airbnb CEO Brian Chesky attends the Cannes Lions on June 20, 2016, in Cannes, France. Richard Bord | Getty Images Airbnb’s stock on Thursday fell more than 4% after the company reported its second-quarter earnings. The company beat Wall Street’s expectations for revenue and bookings but warned about expected volatility from
Trader on the floor of the New York Stock Exchange. Source: NYSE Stock futures held steady in overnight trading on Thursday as the S&P 500 seeks to end a winning week on a high note. Futures on the Dow Jones Industrial Average rose just 20 points. S&P 500 futures and Nasdaq 100 futures were both
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
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