On Sunday, Elon Musk tweeted a TikTok of an interview between Bill Gates and David Letterman in 1995, asking, “Given the almost unimaginable nature of the present, what will the future be?” In the video, Gates describes the internet to Letterman, which was new and strange to most at the time. After showing the clip, the TikTok user who
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President Joe Biden addresses graduates of South Carolina State University during their commencement ceremony on Dec. 17, 2021. Mandel Ngan | AFP | Getty Images The Biden administration is considering extending the payment pause and interest waiver for most federal student loan borrowers once again. “Since day one of the Biden Administration, we’ve been hard
A For Sale sign is seen in front of a home in Miami, Florida. Joe Raedle | Getty Images The already competitive housing market is getting even more so, and that is now cutting into mortgage demand. Even a small drop in interest rates couldn’t bring more buyers in, although it did boost refinance demand
Travellers check in for the flight at the Singapore Airlines counter in the departure hall at Changi International Airport in Singapore on December 2, 2021. Roslan Rahman | AFP | Getty Images Singapore will freeze new ticket sales for quarantine-free travel in an effort to limit exposure to imported omicron cases, the health ministry said
Stock futures opened flat on Tuesday night after the major averages rebounded from a three-day losing streak spurred by fears about the omicron Covid variant. Dow Jones Industrial Average futures fell 0.03%. S&P 500 futures inched 0.06% lower and Nasdaq 100 futures slipped 0.1%. All three of the major averages rallied in regular trading, pushing
Flights are booked. Bags are packed. To cancel Christmas travel plans seems unfathomable at this point. But for many, so does the speed at which the omicron variant is spreading. The highly transmissible Covid-19 variant — which was first detected in late November but has since been detected in nearly 90 countries — is causing
Labor activists hold a rally in support of a national $15 minimum wage on May 19, 2021, in Washington, D.C. Kevin Dietsch | Getty Images News | Getty Images As the calendar changes to a new year, residents of some states can expect to see a boost to their paychecks. Starting Jan. 1, 2022, several
As 2021 comes to a close, countries are moving toward harmonizing tax rules for multinationals, but stalled talks on the Build Back Better Act (BBBA) in the United States means new uncertainties for a global agreement and for taxpayers. Despite the 2017 U.S. tax reform serving as inspiration for current discussions of a global minimum
[The stream is slated to start at 2:30 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden is set to deliver a progress report Tuesday on the fight against the coronavirus pandemic as the new and highly contagious omicron variant spreads around the country.
In this article K PFE MRNA BA NKE CTXS Pedestrians cross a street in front of a Rite Aid store in Oakland, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Rite Aid — Shares of Rite Aid rallied more than 16% after reporting a quarterly
The superyacht “Kismet”, currently owned by Pakistani-American billionaire Shahid Khan, is seen moored near Tower Bridge on October 21, 2021 in London, England. Leon Neal | Getty Images More than 1,000 superyachts are now in production or on order, as the global rich seek refuge from Covid-19 and crowds on their nine-figure floating palaces. According
Jim Cramer on CNBC’s Halftime Report. Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday he believes there will be a Santa Claus rally this year despite the raging omicron variant that’s spiking Covid cases during the holidays. The seasonal stock market phenomenon has historically started around now and continued into the first days of