Facebook CEO Mark Zuckerberg delivers the keynote address at Facebook’s F8 Developer Conference on April 18, 2017 at McEnery Convention Center in San Jose, California. Getty Images Big technology corporations including Apple, Alphabet’s Google and Microsoft have raced to create a pair of fashionable smart glasses readily embraced by consumers, but 2021 is shaping up
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Until the coronavirus crisis, nothing had been able to slow the pace of annual college tuition increases. Year after year, college costs edged higher, rising 3% to 5%, on average — outpacing inflation and family income. However, in the midst of the pandemic, schools are under pressure to keep these increases in check. Several institutions said
U.S. Air Force 1st Lt. Allyson Black, a registered nurse, cares for Covid-19 patients in a makeshift ICU (Intensive Care Unit) at Harbor-UCLA Medical Center on January 21, 2021 in Torrance, California. Mario Tama | Getty Images News | Getty Images LONDON — Health experts have warned that even with restrictions the U.S. is likely
Flags of U.S. and China are displayed at American International Chamber of Commerce (AICC)’s booth during China International Fair for Trade in Services in Beijing, China, May 28, 2019. Jason Lee | Reuters BEIJING — In the wake of U.S. President Joe Biden‘s inauguration, China is talking up hope for better relations with Washington —
The U.S. stock market could roar higher if President-elect Joe Biden is able to smooth out the country’s rocky start to Covid vaccinations, CNBC’s Jim Cramer said Wednesday, just a few hours before the Democrat is sworn into office. “It’s pure chaos. I predicted it would be pure chaos. I never thought it would be
U.S. President Joe Biden speaks about his administration’s plans to fight the coronavirus disease (COVID-19) pandemic during a COVID-19 response event at the White House in Washington, January 21, 2021. Jonathan Ernst | Reuters Newly elected President Joe Biden has a tall list of priorities in his first days in office, with stemming the pandemic
UK Prime Minister Boris Johnson speaks during a media briefing on coronavirus (COVID-19) at Downing Street on January 15, 2021 in London, England. Dominic Lipinski | Getty Images LONDON —There is “some evidence” a new Covid variant first identified in the U.K. could be more deadly than the original strain, British Prime Minister Boris Johnson
Jim Lo Scalzo-Pool/Getty Images President Joe Biden in a speech last week said his $1.9 trillion Covid relief plan would lift 5 million kids from the ranks of the poor and cut the child poverty rate in half. That would be the biggest child-poverty reduction in recent history, according to some experts who study the
MARK RALSTON | AFP | Getty Images Someone in Michigan is kicking off their weekend a whole lot richer. A single ticket sold in the Wolverine State hit all six numbers drawn Friday night to land the $1 billion Mega Millions jackpot. The prize had been climbing for 37 weeks with no winners through twice-weekly drawings.
Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian. Frank Rumpenhorst | picture alliance | Getty Images Company: Elanco Animal Health Inc. (ELAN) Business: Elanco is an animal health company that develops, manufactures and markets products for companion and food animals. The company provides
Nate Wlodarchak, left, and his husband Shawn Wlodarchak. Source: Nate Wlodarchak As Nate Wlodarchak drove people to the polls on Election Day, he couldn’t stop picturing his life without student debt. On the campaign trail, now President Joe Biden had promised to forgive $10,000 of the loans for all borrowers, which would practically reset Wlodarchak’s
The Biden administration has made climate change one of the core challenges it plans to address over the next four years. One climate policy lawmakers have debated—and will likely continue to do—is a carbon tax. At the same time, the new Administration will have to tackle the severe, and likely continuing, economic fallout of the
A healthcare worker wears personal protective equipment (PPE) during a United Airlines Covid-19 test pilot program at Newark Liberty International Airport in Newark, New Jersey, U.S., on Monday, Nov. 16, 2020. Angus Mordant | Bloomberg | Getty Images United Airlines‘ CEO wants to make Covid-19 vaccines mandatory for its employees and is encouraging other companies
The stock market may avoid a major near-term correction, according to economic forecaster Lakshman Achuthan. Achuthan, co-founder of the Economic Cycle Research Institute, told CNBC’s “Trading Nation” on Thursday that the risk a pullback of at least 10% is “really low” because the U.S. is in expansion mode. “The cycle is on the side of
SpaceX owner and Tesla CEO Elon Musk poses as he arrives on the red carpet for the Axel Springer Awards ceremony, in Berlin, on December 1, 2020. Britta Pedersen | AFP | Getty Images Elon Musk tweeted Thursday he will be “donating $100 million towards a prize for best carbon capture technology.” The Tesla and
Traders work on the floor of the NYSE. NYSE Stock trading volumes are through the roof. It’s not just equity prices that are hitting new highs in 2021. Trading volumes for stocks and options are at records as well. “For trading volumes, the new year starts at a consistent, unprecedented strong & record pace,” according to
Image Source | DigitalVision | Getty Images As President Joe Biden advocates for sending additional stimulus checks to millions of Americans, he is also moving help those who missed out on earlier payments. On Friday, Biden issued an executive order asking the Treasury Department to re-evaluate its delivery structure for stimulus checks to make sure
TGI Fridays CEO Ray Blanchette said that President Joe Biden’s proposal to eliminate the tipped minimum wage would likely result in fewer hours for the chain’s waitstaff and higher menu prices. Biden has proposed raising the federal hourly minimum wage from $7.25 to $15 and eliminating tip credits, a change that would primarily affect the
IBM’s logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Ford — Shares of the U.S. automaker dipped about 1%, retreating from an all-time high hit in the previous session. The stock jumped 6.2% Thursday following positive comments from
During his first days in office, President Joe Biden has issued a series of executive orders aimed at helping struggling Americans amid the pandemic, while Biden and his administration also urge Congress to pass his proposed coronavirus relief package. His $1.9 trillion plan, which includes provisions like a third round of $1,400 stimulus checks to
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