Although the U.S. Bureau of Labor Statistics showed the unemployment rate hitting 3.9% in December 2021, the lowest it has been since January 2001, the COVID-19 pandemic is surging with the advent of the new omicron variant, and many Americans remain jobless. A good number of those are by choice, with 4.2 million people quitting
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A SpaceX Falcon 9 rocket and Dragon spacecraft ahead of the Inspiration4 mission in Merritt Island, Florida, U.S., on Wednesday, Sept. 15, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Elon Musk’s SpaceX is splitting the value of its common stock 10-for-1, CNBC has learned, with the company’s valuation having soared to more than
A Blue Origin New Shepard rocket lifts off with a crew of six, including Laura Shepard Churchley, the daughter of the first American in space Alan Shepard, for whom the spacecraft is named, from Launch Site One in west Texas, U.S. December 11, 2021. Joe Skipper | Reuters WASHINGTON – Jeff Bezos’ space company Blue
If you are buying or selling a car, one of the most important steps is transferring the car’s title. That document is the legal proof of who actually owns the car, so it’s important to have and to keep in a safe place. Whether you’re the buyer or seller, here’s what you need to know
Circle, the firm behind the stablecoin USDC, has doubled its valuation to $9 billion following a new deal with blank-check company Concord Acquisition Corp. The two companies first revealed their plans to merge in July, in a deal that at the time valued Circle at just $4.5 billion. They have now updated the terms of
Labor unions are associations of workers formed to protect workers’ rights and advance their interests. Unions negotiate with employers through a process known as collective bargaining. The resulting union contract specifies workers’ pay, hours, benefits, and job health and safety policies. Thanks to the efforts of labor unions, workers have achieved higher wages, more reasonable
In this article ABNB RBLX Many companies appear to be ill-equipped to thrive in a post-Covid world, CNBC’s Jim Cramer said Wednesday. “I have not seen a lot of companies who are prepared for post-pandemic. I’ve seen a lot of companies that were kind of banking on a little more pandemic,” Cramer said. The “Mad
Student loan rates are currently some of the lowest we’ve seen in history. However, while the rates might look attractive, there are still some things to consider before you take on student loan debt in this volatile economic climate. The interest rate for undergraduate federal Stafford loans issued between July 1, 2021, and July 1,
Inflation in the U.S. may not be able to go any higher in the current economic cycle, CNBC’s Jim Cramer said Tuesday on the heels of yet another hot price index report. “I think this is the highest I’ve ever seen these numbers, and they merit attention, they merit what Mr. Bullard said yesterday, and
It’s no secret that large student loan debt is a problem for many people. Americans collectively owe more in student loans than the gross domestic product (GDP) of almost every country, and that amount is only growing bigger over time. Taking out debt is a solid way to finance a higher education and can even
Artur Widak | NurPhoto | Getty Images The bitcoin narrative could be tested this week as investors monitor tense developments between Ukraine and Russia and weigh the possibility of the Federal Reserve hiking interest rates by 50 basis points, or 0.5 percentage point, in March. The largest cryptocurrency by market capital currency has long been
If you are self-employed and a parent, you qualify for a number of additional tax deductions and other benefits. Most of the benefits derive from deductions and tax credits on your income tax. Deductible expenses include health care, childcare, and education. As a parent, you may also qualify for special benefits. With this in mind,
In this article ON SNAP RIOT SPOT LYFT Reuters Investors kicked off 2022 in a swirl of uncertainty, including the Federal Reserve’s move to tighten monetary policy, rising inflation and tension between Russia and Ukraine. Indeed, these factors so unsettled the market, the major indexes ended the prior week firmly in negative territory. Finding long-term
Major changes in your life—such as marriage, having a baby, moving out of state, or divorce—should prompt a revisit to your current will. It is important to revise your will at these times in order to ensure your estate planning is up to date. If you forget to update your will after a divorce, you
In this article VIVO VioletaStoimenova | E+ | Getty Images Company: Meridian Bioscience Inc. (VIVO) Business: Meridian Bioscience is a life science company that develops, manufactures, distributes, and sells diagnostic test kits primarily for gastrointestinal and respiratory infectious diseases, as well as elevated blood lead levels worldwide. The company has two business segments. The Life
Most taxpayers either hope to pay as little income tax as is legally possible or try to receive the most money back as a refund after filing their income tax return. However, when tax season comes around, some taxpayers have not researched how they can minimize their income taxes. It’s possible that they may end up paying
Elon Musk gestures as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images CAMERON COUNTY, Texas — Standing under the towering profile of SpaceX’s next-generation Starship rocket, CEO Elon Musk on Thursday gave his pitch for
If you’re eligible for Social Security benefits, you’ll have a choice of when to start collecting them: early (as soon as age 62), at your “full” or “normal” retirement age (65 to 67, depending on the year of your birth), or late (up to age 70). This article explains the pros and cons of claiming
Zhao Changpeng, founder and chief executive officer of Binance, speaks during an interview in Singapore, on Nov. 19, 2021. Wei Leng Tay | Bloomberg | Getty Images Binance, the world’s biggest cryptocurrency exchange, is making a $200 million strategic investment in Forbes, the 104-year old magazine and digital publisher, CNBC has learned. The funds will
Options are contracts that give option buyers the right to buy or sell a security at a predetermined price on or before a specified day. The price of an option, called the premium, is composed of a number of variables. Options traders need to be aware of these variables so they can make an informed
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