In this article 9503.T-JP RDSA-GB EQNR-NO Statkraft Norway’s Statkraft said Tuesday that a long-term purchasing agreement related to a floating offshore wind farm dubbed “the world’s largest” had started, in another step forward for the energy sector. The Kincardine Offshore Windfarm is a six turbine, 50 megawatt facility located in waters off the coast of
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Charlie Javice, Founder/CEO of Frank, which is a college financial aid start-up. Source: JP Morgan JPMorgan Chase has acquired college planning platform Frank to deepen relationships with students and their parents, CNBC has learned exclusively. Frank is an online portal with tools that help students apply for and negotiate financial aid, enroll in online courses
The Good Brigade | DigitalVision | Getty Images Roth accounts are after-tax accounts with unique benefits for retirement savers. Namely, investments grow tax-free, and withdrawals aren’t subject to tax during one’s retirement years. But there are some key differences between Roth savings in a 401(k) plan and in an individual retirement account. Here are some
In this article APT-AU AFRM PYPL Klarna logos displayed on a laptop and phone screen. Jakub Porzycki | NurPhoto via Getty Images Buy now, pay later is having a moment. Millions of shoppers now use a buy now, pay later, or BNPL, service to finance their purchases. And the options are more varied than ever
In this article 3333-HK .HSI Outside the China Evergrande Group Royal Mansion residential development under construction in Beijing, China, on Friday, Sept. 17, 2021. Gilles Sabrie | Bloomberg via Getty Images The Chinese government is not likely to step in to give direct support to debt-ridden developer China Evergrande Group, according to S&P Global Ratings.
Former Food and Drug Administration Commissioner Dr. Mark McClellan told CNBC that it seems realistic that younger kids will be getting vaccinated for Covid-19 based on the new data released by Pfizer on Monday. “Those findings are very promising, especially around the ability of a very small dose, leading to a very strong immune reaction,”
In this article TSLA Jeff Bezos, left, and Elon Musk Getty Images; Reuters The wealthiest Americans may be dodging as much as $163 billion in income taxes every year, according to the U.S. Department of the Treasury, and many leverage tax laws to do it legally, financial experts say. Although U.S. levies increase with income,
A look at what’s hotting up the IPO calendar recently.
In this article WISE-GB The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images LONDON — British financial technology firm Wise debuted an investments feature Tuesday that lets users invest in stocks through multiple currencies and spend their holdings. The new feature, called Assets, allows customers to
The latest version of the Biden Build Back Better agenda, released last week by the House Ways and Means committee (see our estimates of the budgetary, economic, and distributional impacts), is dense, with too many provisions to flesh out completely. Here’s a rundown of the good, the bad, and the ugly of it. The Good
Climate catastrophes are poised to destroy American homes, and banks are starting to calculate their risks. Jesse Kennan, Associate Professor of Real Estate at Tulane University, refers to this process as “underwaterwriting” or “blue-lining,” depending on whether you’re looking at it from the point of view of the bank or consumer respectively. Underwaterwriting is a
Dr. Scott Gottlieb, former Commissioner of the Food and Drug Administration, speaks during the Skybridge Capital SALT New York 2021 conference in New York City, U.S., September 15, 2021. Brendan McDermid | Reuters Former Food and Drug Administration Commissioner Dr. Scott Gottlieb said U.S. intelligence agencies should be tasked with investigating emerging public health threats