St. Louis Federal Reserve President James Bullard advocated Tuesday for the central bank to be aggressive as it starts winding down its monthly bond-buying program in case inflation becomes a larger problem. In a CNBC interview, the Fed official said he thinks it’s a 50-50 chance that the current inflation pressures are transitory, so policymakers
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Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, June 3, 2021. Mike Blake | Reuters Anyone out house hunting right now knows the pickings are slim, the competition is fierce and the prices are high, but one analyst claims there are actually too many
In this article BA A Boeing worker in a face mask exits the Boeing Renton Factory, where the Boeing 737 MAX airliners are built in Renton, Washington on April 20, 2020. Jason Redmond | AFP | Getty Images Boeing said Tuesday that its roughly 125,000 U.S. employees have to show proof of Covid-19 vaccination or
In Amazon’s early days, Jeff Bezos didn’t pay much heed to his critics. Decades later, he seems ready to finally call them out. Bezos, the world’s second-richest person, took to Twitter over the weekend to offer his advice on accepting criticism without letting it deter you. On Sunday, Bezos unearthed a 22-year-old cover story from
Spacecraft commander Jared Isaacman speaks into a microphone as he peers out the cupola window. Inspiration4 The historic Inspiration4 mission, launched and operated by Elon Musk’s SpaceX, returned safely from orbit last month. CNBC spoke to the mission’s commander and benefactor Jared Isaacman about the experience. He spent three days in SpaceX’s Crew Dragon capsule
Ariel Skelley | DigitalVision | Getty Images If you’re remodeling your kitchen, you probably turn to a licensed contractor. Planning an expensive European vacation or Hawaiian honeymoon? You may very well have a travel agent handle the booking. So, why, when planning your financial future, wouldn’t you seek out professional help? It’s common sense. Yet
In this article HOOD BLK AsiaVision | E+ | Getty Images Despite the high demand for values-driven investing, few individual shareholders participate in corporate decisions. But some companies and funds are making it easier for investors to voice concerns through a proxy voting process. When someone buys a stock, they become part-owner of the company
d3sign | Moment | Getty Images Thousands of workers across the country have been fired for refusing to comply with an employer’s Covid vaccine requirements — and may now wonder how to replace their workplace health insurance. There are a few options. They’re the same ones available to anyone who loses a job, even for
Key Findings A typical American household with four cell phones on a “family share” plan, paying $100 per month for taxable wireless service, would pay nearly $300 per year in taxes, fees, and government surcharges—up from $270 in 2020. This year, wireless subscribers will pay approximately $11.3 billion in taxes, fees, and government surcharges to
Maryland National Guard Specialist James Truong (L) administers a Moderna coronavirus vaccine at CASA de Maryland’s Wheaton Welcome Center on May 21, 2021 in Wheaton, Maryland. Chip Somodevilla | Getty Images Food and Drug Administration scientists on Tuesday declined to take a stance on whether to back booster shots of Moderna’s Covid-19 vaccine, saying data
In this article SIG Signage for Kay Jewelers, a subsidiary of Signet Jewelers Ltd., is displayed on the exterior of a store in New York. Bloomberg | Bloomberg | Getty Images Signet Jewelers on Tuesday said it agreed to buy the off-mall jewelry chain Diamonds Direct USA for $490 million in cash, in a bid
Hinterhaus Productions Women gave birth to fewer children during the Covid-19 pandemic. If these low U.S. birth rates continue, it could have a lasting economic impact, including retirement and Social Security benefits. The total fertility rate has been declining for years. In 1964, women of childbearing age had an average of 3.2 children. By 1974,