Angela Weiss | AFP | Getty Images Yet again, the Mega Millions jackpot has catapulted higher. The top prize is now a staggering $850 million — the third-largest in lottery history — following no ticket matching all numbers drawn Friday night. Then there’s Powerball: Its jackpot is an estimated $640 million for Saturday night’s drawing.
Month: January 2021
Wall Street may be in for a surprise. Ally Invest’s Lindsey Bell believes investors are underestimating the strength of earnings season, which kicks off Friday with the banks. “That’s my biggest call going into this earnings season,” the firm’s chief investment strategist told CNBC’s “Trading Nation” on Thursday. Refinitiv predicts S&P 500 fourth-quarter earnings results
Justin Timberlake speaks during the Pepsi Super Bowl LII Halftime Show press conference February 1, 2018 in Minneapolis, Minnesota. Timothy A. Clary | AFP | Getty Images Coca-Cola and PepsiCo will not be promoting their namesake sodas with Super Bowl commercials this year. The decadeslong rivalry between the two cola brands is often put front
FatCamera | E+ | Getty Images President-elect Joe Biden has a plan to help fix what he calls the immediate and acute child-care crisis in America. He unveiled his proposal on Thursday, as part of his sweeping $1.9 trillion coronavirus rescue package. “If left unaddressed, many child care providers will close — some permanently —
aluxum | E+ | Getty Images Sustainable investing incorporates environmental, social and governance considerations. But how exactly do these factors fit into the analytical process, and how do they add value? CNBC consulted with several experts to find out. In general terms, “we look at a company’s business models and where they operate geographically and
One of the biggest personal money lessons I learned in terms of sticking to your convictions and taking risks came from an investment I made when I was only 22. I put a deposit down on a new construction condominium unit in what at the time was a little-known area in Brooklyn called Dumbo, which
President-elect Joe Biden’s proposed stimulus plan is the right medicine for an economy likely to see substandard growth in the first half of 2021, Boston Federal Reserve President Eric Rosengren said Friday. As the first central bank official called to publicly speak on the Biden plan, he said he was comfortable with the aggressive fiscal
Randy Garutti Cameron Costa | CNBC A rendering of Shake Shack’s drive-up window Source: Aria Group Shake Shack was one of the first restaurant chains to unveil restaurant designs inspired by habits its customers adopted during this year’s health crisis. In May, it debuted the “Shack Track,” which has drive-up and walk-up windows that are
President-elect Joe Biden plans to use FEMA and the National Guard to build coronavirus vaccine clinics across the United States, according to new details of his Covid-19 vaccination plan released by his transition team on Friday. The Biden administration will also “quickly jumpstart” efforts to make the vaccines available at local pharmacies across the U.S.,
U.S. President-elect Joe Biden jokingly thanks voters for Georgia certifying his victory three times as he campaigns on behalf of Democratic U.S. Senate candidates from Georgia Jon Ossoff and Raphael Warnock, ahead of their January 5 run-off elections, during a drive-in campaign rally in Atlanta, Georgia, January 4, 2021. Jonathan Ernst | Reuters The push
US President-elect Joe Biden delivers remarks on the public health and economic crises at The Queen theater in Wilmington, Delaware on January 14, 2021. Jim Watson | AFP | Getty Images President-elect Joe Biden called on Congress to pass a range of protections and financial relief for Americans at risk of losing their homes because
Getty Images Tax season is swiftly approaching, and after the roller coaster of 2020, this might be the year to get extra help filing your return. The coronavirus pandemic saw many changes to the tax code that could impact filers who generally would have had a straightforward return, potentially complicating your return. “For the average
For many Americans, a top resolution for 2021 is to save more money, a familiar goal from prior years. Achieving that this year, however, may be much more difficult and may have to be done a bit differently, especially when it comes to saving for retirement. Nearly four out of 10 people said they’ll be
U.S. Vice President-elect Kamala Harris (L) looks on as U.S. President-elect Joe Biden (R) delivers remarks on January 08, 2021 in Wilmington, Delaware. Chip Somodevilla | Getty Images News | Getty Images The federal minimum wage is poised to get its first update in more than a decade. President-elect Joe Biden on Thursday said he
U.S. President-elect Joe Biden speaks as he lays out his plan for combating the coronavirus and jump-starting the nation’s economy at the Queen theater January 14, 2021 in Wilmington, Delaware. Alex Wong | Getty Images The incoming Biden administration will push Congress to expand food benefits for Americans struggling because of coronavirus until at least
Jovita Carranza, administrator of the U.S. Small Business Administration, testifies at a Senate Small Business and Entrepreneurship Committee hearing on June 10, 2020 in Washington. Al Drago-Pool/Getty Images) Second EIDL grants That may confuse business owners, since the $900 billion Covid relief package passed last month allows some companies to get a second EIDL grant.
The Internal Revenue Service (IRS) building in Washington, D.C. Getty Images The IRS is delaying the start of the 2020 tax filing season to Feb. 12, according to an announcement from the agency. On that date, the IRS will start accepting and processing last year’s tax returns. Normally, the agency opens tax season in late
Letizia Le Fur | ONOKY | Getty Images While the federal Covid relief bill addresses a key concern for small businesses with forgivable loans, these firms could still face a tax hit — this time on their state returns. In addition to pledging stimulus checks to American households and providing a $300 boost to unemployment
Ty Wright | Bloomberg | Getty Images For car buyers, the end of the year typically marks the best time to get a great deal. Things look a bit different this time around. While there are still discounts and special financing on certain makes and models, those incentives generally are not as generous as in
Getty Images Sitting on a growing bitcoin fortune? Consider giving away some of it to charity. As 2020 draws to a close, the cryptocurrency has seen a massive surge in appreciation. The value of a single unit of bitcoin is now hovering around $27,000. Though long-time holders of the virtual currency are rejoicing, they run
Oranut Fankhaenel / EyeEm | EyeEm | Getty Images Sustainability ratings are useful tools for assessing the environmental, sustainability and corporate governance-worthiness of mutual funds and exchange-traded funds. But how do you navigate between different ratings providers, especially when they can have different results for the same fund? CNBC looked under the hood at some
LeBron James of the Los Angeles Lakers at a game against the LA Clippers at ESPN Wide World Of Sports Complex on July 30, 2020 in Lake Buena Vista, Florida. Mike Ehrmann | Getty Images In a search for revenue, state tax departments have set their sights on a tempting target: professional athletes. “If you’re
Alistair Berg | DigitalVision | Getty Images Many jobless workers are about to find out they could owe federal and state taxes on their 2020 unemployment income. The news might be particularly unexpected for independent contractors and self-employed people who normally aren’t eligible for state benefits, but may have received Pandemic Unemployment Assistance through the
Charday Penn | E+ | Getty Images Small-business owners and side-gig hustlers are facing a major tax deadline. Filers who pay estimated taxes every quarter, including independent contractors and partners in business entities, owe their final payment of 2020 on Jan. 15. Generally, the other deadlines for quarterly taxpayers are April 15, June 15, and
Smoke in the Blue Mountains of Australia after a forest fire. Andrew Merry | Moment | Getty Images If you’re like most Americans, you worry about global warming. Yet it can be hard to know how to channel that anxiety into action that will help the planet. One fairly simple way to make a difference
US President-elect Joe Biden speaks at The Queen theater in Wilmington, Delaware on January 7, 2021, to announce key nominees for the Justice Department. Jim Watson | AFP | Getty Images President-elect Joe Biden’s stimulus proposal includes a bevy of tax credits aimed at stabilizing the finances for American families. Biden’s pandemic aid plan, to
DoubleLine Capital CEO Jeffrey Gundlach on Monday warned that bitcoin could be getting overheated after its massive run in recent months. “I don’t like bitcoin here. I don’t like things that are up on a stilt like that,” the so-called Bond King said on CNBC’s “Halftime Report.” “Bitcoin, to me, is now sort of in
People pass a sign for JPMorgan Chase at it’s headquarters in Manhattan, New York City. Spencer Platt | Getty Images Earnings season is upon us, but traders will be far less interested in fourth quarter results than in first quarter and second quarter guidance. The problem is it’s not clear that CEOs will cooperate. Banks
The first AR1 rocket engine Aerojet Rocketdyne Aerojet Rocketdyne finished building the first in its next-generation AR1 engine series, despite lacking both a customer and plans to test fire it for about two years. The AR1 rocket engine is located at the company’s facility at NASA’s Stennis Space Center in Mississippi – and its completion
BlackRock‘s Larry Fink told CNBC on Thursday that he believes the stock market has further room to run higher. However, the chairman and CEO of the world’s largest asset manager cautioned that the rally may not be as robust as it was in the second half of 2020. “I think we’re going to continue to see
- « Previous Page
- 1
- …
- 4
- 5
- 6
- 7
- 8
- Next Page »