U.S. stock indexes were little changed during early morning trading on Friday, ahead of earnings from the major banks. Futures contracts tied to the Dow Jones Industrial Average advanced 46 points, or 0.12%. S&P 500 futures were up 0.05%, while Nasdaq 100 futures rose 0.06%. All of the major averages slid during regular trading on
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A healthcare worker prepares a syringe with the Moderna COVID-19 vaccine at a pop-up vaccination site operated by SOMOS Community Care during the COVID-19 pandemic in Manhattan in New York City, January 29, 2021. Mike Segar | Reuters The Supreme Court ruling that barred the Biden administration’s Covid vaccine mandate for employees of large employers
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Philadelphia Federal Reserve President Patrick Harker said Thursday he foresees three or four interest rate hikes will be appropriate this year as the central bank tackles a nagging inflation problem. His thinking, outlined in a live interview on CNBC’s “Closing Bell,” is consistent with estimates the policymaking Federal Open Market Committee released in December. But
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A soldier transports a patient at UMass Memorial Medical Center in Worcester, Massachusetts on December 30, 2021. Joseph Prezioso | AFP | Getty Images President Joe Biden on Thursday will announce the deployment of six teams of military medical personnel to overwhelmed hospitals in New York, New Jersey, Ohio, Rhode Island, Michigan and New Mexico,
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David Abner, Gemini’s Global Head of Business Development. Source: David Abner Gemini, the $7.1 billion crypto exchange, is getting into wealth management with the acquisition of a digital asset platform for financial advisors, CNBC has learned exclusively. The company has agreed to purchase BITRIA, a five-year-old San Francisco-based start-up whose tools help advisors manage holdings
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Workers transport a shipment of the Cuban Soberana Plus vaccine against the novel coronavirus disease, COVID-19, to be donated by the Cuban government to Syria, at Jose Marti International Airport in Havana, on January 7, 2022. YAMIL LAGE | AFP | Getty Images Cuba has vaccinated a greater percentage of its population against Covid-19 than
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Apartment buildings on the Upper East Side neighborhood of New York. Victor J. Blue | Bloomberg | Getty Images Manhattan rents hit their highest level ever for a December as the supply of apartments plummeted and landlords started demanding double-digit increases. The average apartment rent in Manhattan hit $4,440 in December, while the more widely
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The upcoming tax-filing season is shaping up to be a chaotic one. The National Taxpayer Advocate on Wednesday released a report to Congress detailing processing issues at the IRS last year and also offering a warning for this year’s tax season, which will begin when the agency starts accepting 2021 returns on Jan. 24. “I
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Sinenkiy | iStock | Getty Images Social Security beneficiaries are receiving the highest cost-of-living adjustment in decades, thanks to rising inflation. That 5.9% increase went into effect in January. Prices have continued to climb higher since that change was announced in October. The Consumer Price Index, a government measure for price changes for certain goods,
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