A Falcon 9 rocket launches a batch of Starlink satellites to orbit on April 29, 2022. SpaceX The Federal Aviation Administration seeks a $175,000 fine against Elon Musk’s SpaceX, alleging the company failed to submit required data ahead of a Falcon 9 launch last year. The proposed civil penalty comes […]
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Sen. John Fetterman will likely be in hospital for a few weeks for clinical depression treatment
U.S. Senator John Fetterman (D-PA), leaves a classified briefing for U.S. Senators about the latest unknown objects shot down by the U.S. military, on Capitol Hill in Washington, U.S., February 14, 2023. Evelyn Hockstein | Reuters Sen. John Fetterman, D-Pa., will receive inpatient hospital care for a few weeks as […]
Average 401(k) balances dropped 20% in 2022 — but few investors flinched, Vanguard research shows
Olezzo | iStock | Getty Images There’s no question 2022 was a rough year for investors. With record-high inflation, economic uncertainty and aggressive interest rate hikes from the Federal Reserve to combat rising prices, stocks took a beating. All three of the major indexes had their worst year since 2008: […]
Look inside Super Nintendo World, which just opened at Universal Studios Hollywood
A general view of the “SUPER NINTENDO WORLD” entrance at Universal Studios Hollywood on February 16, 2023 in Universal City, California. Rodin Eckenroth | Getty Images Entertainment | Getty Images Enter the iconic green warp pipe and snake your way into Universal Studios Hollywood’s newest theme park land: Super Nintendo […]
Former Boston Celtics star Paul Pierce settles with SEC over crypto violations
Paul Pierce #34 of the Boston Celtics celebrates after a play against the Los Angeles Lakers in the fourth quarter during Game Five of the 2010 NBA Finals on June 13, 2010 at TD Garden in Boston, Massachusetts. Elsa | Getty Images NBA Hall of Famer Paul Pierce, who won […]
HBCU students diversify alternative investing with the help of Wall Street’s biggest firms
Antony Ressler, co-founder of Ares Management, takes photos with students of the AltFinance Fellowship. Marcus Shaw, AltFinance The search for bigger profits and top talent is nothing new on Wall Street, but some firms are turning to an almost untapped resource: historically Black colleges and universities, or HBCUs. The AltFinance […]
China’s rebound is the biggest unknown facing oil markets, IEA chief says
Fatih Birol, executive director of the International Energy Agency (IEA) at the World Economic Forum (WEF) in Davos, Switzerland. Bloomberg | Getty Images The International Energy Agency’s executive director said Friday that the biggest uncertainty facing global energy markets is the extent to which China rebounds from its extended closure. […]
IRS unveils option allowing online responses to 9 of its notices. ‘A step in the right direction,’ says tax pro
Hoxton/Sam Edwards | Getty Images After kicking off tax season with customer service and technology upgrades, the IRS this week unveiled a new option allowing taxpayers to respond more easily to certain agency notices. The new feature lets taxpayers and professionals respond to nine notices online by digitally uploading requested […]
Amazon tells employees to be in the office at least three days a week
The Amazon headquarters sits virtually empty on March 10, 2020 in downtown Seattle, Washington. In response to the coronavirus outbreak, Amazon recommended all employees in its Seattle office to work from home, leaving much of downtown nearly void of people. John Moore | Getty Images Amazon is instructing corporate staffers […]
Stocks making the biggest moves midday: Deere, Airbnb, AutoNation, Moderna and more
Deere’s autonomous 8R tractor Deere Check out the companies making the biggest moves midday: Deere — Shares rose 7.7% after the company reported earnings-per-share of $6.55 for its fiscal first quarter, topping the $5.57 expected by analysts polled by Refinitiv. The agricultural machinery maker’s revenue came in at $11.4 billion, […]