“It’s been a whirlwind, to say the least,” says Rosemary Ketchum. Ketchum, 26, became the first openly transgender elected official in West Virginia when she won a city council seat in Wheeling on June 9. She is now one of 27 out trans elected officials in America, according to the LGBTQ Victory Fund. Ketchum’s win may seem an
Shoppers, some wearing PPE (personal protective equipment), of a face mask or covering as a precautionary measure against COVID-19, queue to enter a recently re-opened Nike store at Gunwharf Keys shopping centre in Portsmouth, southern England on June 16, 2020. Adrian Dennis | AFP | Getty Images Even Nike, often lauded as one of the strongest
Virgin Galactic’s spacecraft Unity comes into land during a glide test flight on May 1, 2020. Virgin Galactic Virgin Galactic successfully completed its second glide flight test in New Mexico on Thursday, a milestone that should set the company up to begin spaceflights next. The company said that after it completes “an extensive data review”
Sen. Marco Rubio, R-Fla. Michael Brochstein | SOPA Images | LightRocket | Getty Images The coronavirus stimulus checks have provided a financial boost to millions of Americans — except for those who filed tax returns with non-citizen spouses. A bill introduced on Thursday by Sens. Marco Rubio, R-Fla., and Thom Tillis, R-N.C., is seeking to
Siriluck Srikumbang / EyeEm Perhaps you are approaching retirement and getting a bit nervous from these wild market swings. It has, after all, been an emotional ride lately, and there are no signs of it letting up soon. You may be thinking: Is it time to “de-risk” your portfolio by dumping stocks and seeking the
An Olive Garden restaurant in Times Square in New York. Richard Levine | Corbis | Getty Images Darden Restaurants on Thursday reported that same-store sales were nearly cut in half during the fiscal fourth quarter as dining room closures from the coronavirus pandemic weighed on its revenue. But the Olive Garden parent expects its business to
A pedestrian passes in front of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, June 3, 2020. Michael Nagle | Bloomberg | Getty Images Stocks futures were lower in overnight trading on Wednesday, following a steep market sell-off triggered by intensifying worries about a coronavirus resurgence. Futures on the Dow Jones
In order to adjust to shelter-in-place guidelines and lower your risk of contracting Covid-19, you might have changed your spending habits to make your quarantine life more functional and enjoyable, like maybe cutting out gym memberships but investing in online fitness classes and better Wi-Fi for your home office. Now, as states start opening back up, it might
Vricon 3D visualization of Damascus, Syria. Maxar Space and satellite imagery company Maxar Technologies is taking full ownership of a joint venture it has held with Swedish aerospace group Saab, which the U.S. company expects will further its analytics offering. Maxar announced after the market closed on Tuesday that it intends to acquire full ownership of 3D
The Covid-19 pandemic has revealed how close so many Americans are to severe financial insecurity. Over these past four months, millions of American workers have experienced sudden and unexpected losses of their primary sources of income, either temporarily or, for many, permanently. While stimulus checks and enhanced unemployment benefits have filled in some gaps, they
Director of the National Institute for Allergy and Infectious Diseases Dr. Anthony Fauci wears a face mask while he waits to testifiy before the House Committee on Energy and Commerce on the Trump Administration’s Response to the COVID-19 Pandemic, on Capitol Hill in Washington, DC, June 23, 2020. Kevin Dietsch | Pool via Reuters States
U.S. President Donald Trump signs H.R. 748, the CARES Act in the Oval Office of the White House on March 27, 2020 in Washington, DC. Erin Schaff | Getty Images A political fight is brewing on Capitol Hill over what the next coronavirus stimulus package will look like. But President Donald Trump made it clear
A trader walks in front of the New York Stock Exchange on May 26, 2020 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images This is a live blog. Check back for updates. 10:05 am: Manufacturing and services activity rebounds from May The U.S. manufacturing PMI (purchasing managers’ index) jumped
Virgin Galactic’s spacecraft outside Spaceport America in New Mexico. Virgin Galactic Shares of Virgin Galactic shares jumped Monday after it signed an agreement with NASA that will allow the space tourism venture to train astronauts for trips to the International Space Station. The company — which is publicly traded but largely owned by founder Richard Branson and
More people will be eligible to take a $100,000 coronavirus-related distribution from their retirement account. The IRS released guidance on Friday which details new rules for individuals affected by Covid-19 to take a withdrawal from a 401(k) plan or an individual retirement account. The CARES Act allows savers to take coronavirus-related distributions – emergency withdrawals
People enjoy the beach in Leme, south of Rio de Janeiro, Brazil, on June 21, 2020 during the Covid-19 coronavirus pandemic. CARL DE SOUZA A surge in coronavirus cases in the U.S. and Brazil, and further outbreaks in Germany — where the reproduction rate of the disease has risen substantially — are concerning global health experts,
The “Fearless Girl” statue stands outside the New York Stock Exchange (NYSE) in New York, U.S., on Friday, June 12, 2020. Jeenah Moon | Bloomberg | Getty Images U.S. stock futures stood little changed on Sunday night following a solid weekly performance on Wall Street amid lingering concerns about the coronavirus outbreak. Dow Jones Industrial
A Dollar General store in Creve Coeur, Illinois. Daniel Acker | Bloomberg | Getty Images How to find top stocks primed to outperform during this notably volatile period? Here are a few of the names the best-performing Wall Street analysts are betting on. With reopening optimism tempered by concerns of a second coronavirus wave, it could
Attorney General William Barr told the top federal prosecutor in Manhattan, Geoffrey Berman, that he has been fired by President Donald Trump in a letter Saturday after Berman initially refused to step down. The letter informing Berman of his removal comes amid a power struggle over who will fill one of the most powerful federal
1. Don’t underestimate the role of chance in life. It’s easy to assume that wealth and poverty are caused by the choices we make, but it’s even easier to underestimate the role of chance in life. The families, values, countries and generations we’re born into, as well as the people we happen to meet along
Unlike most people who are now telecommuting due to the coronavirus pandemic, I’ve been working from home for a long time. As in two decades. Between full-time jobs that allowed it (one of them way back in 2000) and freelancing while I raised two children, I’ve truly appreciated the benefits that come with the arrangement
Traders wearing masks work inside posts, on the first day of in-person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. Brendan McDermid | Reuters Bluster about bubbles is blowing through Wall Street again, stirring
Robinhood is making it more difficult to get access to its options offering in the wake of a customer’s suicide last week. In a blog post Friday, Robinhood’s co-CEOs outlined multiple changes to the free-trading app. Robinhood will increase eligibility requirements, and “consider additional criteria” for customers for level three options authorization “to help ensure
Senator Ron Wyden, a Democrat from Oregon and ranking member of the Senate Finance Committee, speaks during a hearing in Washington, D.C., U.S., on June 9 about unemployment insurance during the Covid-19 pandemic. Leah Millis/Reuters/Bloomberg via Getty Images The enhanced unemployment benefits supporting household income for millions of jobless Americans will soon lapse. Lawmakers, scrambling
The private-jet industry is seeing a rapid rebound from the coronavirus crisis, as new customers who had never flown private splurge to avoid the crowds and lines of commercial flying. While commercial traffic is running about 15% to 17% of last year’s totals, private flights are running at up to 70% or more of normal,
Dr. Jane Goodall speaks during the ‘Dr. Jane Goodall’s MasterClass’ New York screening in New York City. John Lamparski | Getty Images Entertainment | Getty Images World-renowned anthropologist Jane Goodall has said young people should be striving towards different standards of success, besides money and fame. Speaking to CNBC from last week’s CogX conference, Goodall
The chief executive of the British Fashion Council (BFC) told CNBC there is “a huge amount of embarrassment” that it’s taken the global response to the death of George Floyd to make the industry and society reflect and focus on racism. Caroline Rush, who has led the not-for-profit industry body since 2009, was speaking after
U.S. stock futures were little changed on Thursday night following a muted session in which traders grappled with disappointing unemployment data and rising coronavirus cases. Dow Jones Industrial Average futures gained just 27 points, but pointing to a Friday opening dip of about 20 points. S&P 500 and Nasdaq-100 futures pointed to a little changed Friday open
Interviewing for a job “sucks for everyone,” according to Chamath Palihapitiya, an early Facebook executive and now part owner and executive board member of the Golden State Warriors NBA basketball team. “It’s fast-paced, pressure filled and more mistakes are made in hiring and also NOT-hiring,” Palihapitiya wrote in a Twitter thread on Wednesday. To compensate for
CNBC’s Jim Cramer on Thursday blasted wealthy money managers for making dire predictions and scaring individual investors out of the stock market. On “Squawk on the Street,” Cramer called out Jeremy Grantham one day after the GMO co-founder, who called the 2008 financial crisis, told “Closing Bell” that the market’s rebound from the March coronavirus
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