Rupert Murdoch Drew Angerer | Bloomberg | Getty Images SAN JOSE, CALIF. — Theranos sent binders claiming the healthcare company had “the highest levels of accuracy” to high-profile investors, including billionaire Rupert Murdoch, according to court testimony on Tuesday. Elizabeth Holmes once had some of the most powerful business leaders in America backing her start-up,
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VALERIE MACON | AFP | Getty Images When the Covid-19 pandemic prompted a dramatic drop in wages, that also sparked concerns that one particular cohort would see lower Social Security benefits as a result. Those concerns, however, have abated, according to new data from the Social Security Administration. The reason comes down to the national
In this article ULTA BITO PG Fans gather at local Ulta Beauty in Houston to greet Kylie Jenner at the launch of her cosmetics line on November 18, 2018 in Houston, Texas. Rick Kern | Getty Images Check out the companies making headlines in midday trading. Ulta — Shares of the cosmetics store dropped more
Pluses of filing early; shutdown fallout; CAF problems; and other highlights from our favorite tax bloggers. Sense of security? Liberty Tax (http://www.libertytax.com/tax-lounge): What to tell them about the pluses of filing early, from possibly avoiding fraud or ID theft to knowing exactly what you do or don’t owe. The Income Tax School (http://www.theincometaxschool.com/blog/): And remember,
Thomas Barwick Buying a first home is always a huge decision. It’s even bigger when the market has been as hot as it has in the last two years. Financial advisors say this could be the worst market for home buyers we’ve ever seen, and caution clients to perhaps wait. Certified financial planner Rick Kahler,
Dr. Salma Elfaki examines 16-year-old Diego Alvarez, a patient in a Moderna COVID-19 vaccine clinical trial for adolescents being conducted by Accel Research Sites with Nona Pediatric Center in Orlando, Florida, September 25, 2021. Paul Hennessy | SOPA Images | LightRocket | Getty Images Pfizer’s Covid vaccine is 93% effective at protecting against hospitalization in
If you’ve ever received financial advice, you’re likely to see a lot of the same traditional advice over and over. That’s because the world of personal finance can be esoteric and even scary, and the experts dispensing that advice want to impart the strategies that work the best for the majority of people. More from
Starship prototype 20 is stacked on top of Super Heavy Booster 4 on August 6, 2021. SpaceX Elon Musk’s SpaceX has become one of the world’s most valuable private companies, and Morgan Stanley believes the Starship rockets the venture is developing will have wide-reaching implications. Starship is the massive, next-generation rocket SpaceX is developing to be
Shoppers at a New York supermarket on Aug. 11, 2021. Wang Ying | Xinhua News Agency | Getty Images One looming question for the U.S. economy is how long inflation is here to stay. Based on recent government data, there is good reason for asking. The Consumer Price Index, which measures the average change over
Even before the pandemic, families were starting to question the value of a college degree. Now, high schoolers are putting more emphasis on schools that will offer the best returns. “What is going to be the return on investment?,” said Robert Franek, editor in chief of The Princeton Review. “It is the question that students
Despite equity markets struggling in Q3 the new issues market continues its lively trend with plenty of companies lining up to list.
The HSBC Holdings Plc building, left, and the Standard Chartered Plc building stand in Hong Kong, China, on Thursday, June 4, 2020. Roy Liu | Bloomberg | Getty Images HSBC and Standard Chartered Bank are among more than a dozen lenders that can start selling investment products from Tuesday, under a new cross-border investment scheme