Having a strong safety net can make it easier to take big risks. For Tori Dunlap, founder of financial education company Her First 100K, that security came in the form of $100,000. Dunlap, 27, landed an entry-level marketing job after graduating from college and soon learned the corporate grind wasn’t for her. The Seattle resident,
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In this article DIS REGN UAL LUV PENN Check out the companies making headlines in midday trading. Merck — Shares surged more than 9% after it announced its new antiviral pill cut the risk of death or hospitalization by 50% for Covid patients. The pharmaceutical company plans to file for emergency use authorization. Moderna, Regeneron —
Florida is now the ninth state to implement or adopt a corporate income tax cut in 2021, with the state’s new rate the nation’s second lowest—for now. Five states adopted corporate income tax cuts legislatively this year, two states (Arkansas and Indiana) implemented rate relief as part of previously enacted phased reductions, and now Florida,
CEOs are at their wits’ end to figure out how to get their employees back to work as high levels of Covid infections persist 18 months into the pandemic. That’s the sentiment shared by CNBC’s David Faber and Jim Cramer, who regularly speak with business leaders about return-to-work challenges. “I continue to hear a litany
Private jet fliers are facing increasing delays, cancellations and lack of available flights as the industry struggles to serve a record number of new fliers, while facing supply-chain troubles. July was the busiest month ever for private jet flights, with more than 300,000 flights, according to Argus International. While business usually cools in the fall,
In this aerial photo taken with a drone, flood waters surround storm damaged homes, Tuesday, Aug. 31, 2021, in Lafourche Parish, La., as residents try to recover from the effects of Hurricane Ida. Steve Helber | AP Climate change can have a direct impact on your wallet. Not only can it affect your bills, from
Upgrade CEO Renaud Laplanche speaks at a conference in Brooklyn, New York, in 2018. Alex Flynn | Bloomberg via Getty Images U.S. fintech start-up Upgrade is set to enter the increasingly crowded buy now, pay later market. Upgrade, which was founded by former LendingClub boss Renaud Laplanche in 2016, is a digital banking start-up that
One of the Senate’s proposals to pay for the Build Back Better Act is a federal excise tax on virgin plastics, which are plastics that are not reprocessed or recovered. The tax would be $0.20 per pound of virgin plastics used to make single-use plastics products. While few details have been released about this pay-for,
In this article MRK A nurse tends to a Covid-19 patient at SSM Health St. Anthony Hospital in Oklahoma City, August 24, 2021. Nick Oxford | Reuters Merck and Ridgeback Biotherapeutics plan to seek emergency authorization for their oral antiviral treatment for Covid-19, after the medicine showed “compelling results” in clinical trials. The drug, molnupiravir,
The economy isn’t the only concern billionaire Ray Dalio has on his mind lately. Like many others, he’s also anxious about climate change. “It worries me. It’s almost like I worry for man,” Dalio tells CNBC Make It. Dalio, 72, stepped down as co-CEO of hedge fund Bridgewater Associates in 2017. Since then, the billionaire’s ventures have
Jeff Bezos, left, and Elon Musk Getty Images; Reuters Elon Musk repeated prior criticisms of fellow billionaire space mogul Jeff Bezos, as their respective companies continue to battle in federal court and in front of regulators. “I think I’ve expressed my thoughts on that front – I think he should put more of his energy
A Social Security Administration office in San Francisco. Getty Images The debt ceiling debate has sparked conversation about whether Social Security payments will still go out on time. However, Congress also faces another deadline with regard to the nation’s largest social insurance program. In just 13 years the trust funds Social Security relies on to