SpaceX CEO Elon Musk raises his arms in celebration beneath a Starship rocket prototype under construction in Boca Chica, Texas. Steve Jurvetson on flickr Elon Musk’s SpaceX beat out teams led by Jeff Bezos’ Blue Origin and Leidos subsidiary Dynetics to win a nearly $3 billion contract to build NASA’s […]
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Here’s how new voting laws across the nation sparked a major corporate backlash
A rash of new voting legislation has caused an uproar among progressive activists, leading to some big businesses to take a political stance. Some corporations and executives have voiced opposition to the new bills, most notably in Georgia. Amazon, General Motors, and others released a joint statement in opposition to […]
States struggle to give out over $45 billion in rental assistance as evictions continue
Matthew Turner (on the right) and his husband, Gerard. Photo: Matthew Turner Since Matthew Turner was laid off in October, he estimates he’s applied to close to 600 jobs, with no luck. Nearly as difficult has been his hunt for rental assistance. Turner’s contacted many local organizations in North Carolina […]
Car shoppers should expect high prices and limited inventory this spring
Ty Wright | Bloomberg | Getty Images It’s a challenging time to be a car buyer. High consumer demand coupled with a manufacturing shortage of microchips — key parts needed for today’s autos to operate — have pinched new-car inventory at dealerships across the country. And with drivers seeking affordable […]
Website maker Squarespace files to go public on NYSE through direct listing
Anthony Casalena, founder and CEO, Squarespace Source: Squarespace Squarespace, which makes software for people to build websites, on Friday filed to go public on the New York Stock Exchange under the symbol “SQSP.” The company is eschewing a traditional initial public offering, where it would issue new shares to institutional […]
Vaccinations in the U.S. are surging with many states nearing half of residents jabbed
Dr. Jerry Abraham, director of Kedren Vaccines, right, gives a COVID-19 vaccination to Jose Guzman-Wug, 16, while his mom, Adriana Wug, watches at Kedren Health on Thursday, April 15, 2021 in Los Angeles, CA. Allen J. Schaben | Los Angeles Times | Getty Images The rate of daily vaccinations reported […]
Worked in different states due to Covid? What to know about filing taxes
Getty Images With the end of tax-filing season swiftly approaching, people who worked in multiple states last year due to Covid may be wondering — where do I owe taxes? The answer might not be simple. Between March 2020 and October 2020, nearly 9 million Americans relocated, according to research […]
Fed’s Waller says the economy is ‘ready to rip’ but policy should stay put
Federal Reserve Governor Christopher Waller said Friday he sees the U.S. economy as set to take off, though not at a fast enough pace that the central bank should start tightening policy. “I think the economy is ready to rip,” Waller told CNBC’s Steve Liesman during a “Squawk on the […]
Airbnb CEO says company will need millions more hosts to meet surging demand
Airbnb will have to add millions of new hosts to accommodate guests as travel picks up again following the coronavirus pandemic, CEO Brian Chesky told CNBC. “To meet the demand over the coming years, we’re going to need millions more hosts,” Chesky said in an interview with Deirdre Bosa that […]
Robinhood and Coinbase top Apple App Store
Coinbase is a popular option for buying bitcoin and other cryptocurrencies. Todd Haselton | CNBC Watch out social media, finance apps are becoming a more popular form of entertainment on people’s phones. Trading platforms Robinhood and Coinbase grabbed the top two spots in Apple’s App Store this week as Americans […]