U.S. Treasury Secretary Janet Yellen answers questions during the Senate Appropriations Subcommittee hearing to examine the FY22 budget request for the Treasury Department on Capitol Hill in Washington, DC, June 23, 2021. Greg Nash | Pool | Reuters Treasury Secretary Janet Yellen on Friday warned Congress that her department will […]
CNBC News
How a Walmart worker with Down syndrome — and her sister — fought and beat the giant retailer after getting fired
Marlo Spaeth (left) was fired from Walmart in July 2015, after working there for nearly 16 years. Her sister, Amy Jo Stevenson, has been in a legal battle with the retail giant since then. She filed a discrimination complaint with the U.S. Equal Employment Opportunity Commission. Amy Jo Stevenson Marlo […]
Women and investors of color seem to prefer cryptocurrency over traditional stocks—here’s why
Women and investors of color seem to be drawn to cryptocurrencies over traditional stocks, a new survey from NORC at the University of Chicago finds. The survey, which was conducted in late June and comprised of a nationally representative sample of 1,004 adults nationwide, finds that 41% of women and […]
Between stimulus checks and expanded tax credits, here’s how much federal money you could get
Hispanolistic It looks like the combination of stimulus checks and at least two expanded tax credits will be a boon to most U.S. households. Between cash hitting bank accounts — in the form of stimulus payments and advance child tax credits — and the expanded earned income tax credit, the […]
California announces rollout of chip-enabled debit cards to deter theft of unemployment benefits
California will strengthen the security of the debit cards it uses to issue unemployment insurance and other benefits following a wave of fraud, according to an announcement from the state’s Employment Development Department. The state agency plans to work with Bank of America to start rolling out chip-enabled debit cards […]
Uber’s stake in Didi shrank by $2 billion this week amid China crackdown on U.S. listings
Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019. Philip Pacheco | AFP via Getty Images Uber’s one-time, $9.4 billion stake in Chinese ride-hailing giant Didi has dwindled by half in less than a month as China escalates its threats to […]
‘Snake Eyes’ is a boring, joyless slog of a film, critics say
Henry Golding and Samara Weaving star in Paramount’s “Snake Eyes.” Paramount Once again, a stellar cast can’t save the G.I. Joe franchise from a terrible script, critics say. Paramount’s “Snake Eyes” arrives in theaters on Friday with a 41% “Rotten” score from Rotten Tomatoes, the aggregate of 70 reviews. The […]
Dow jumps 200 points, S&P 500 rises to record as stocks head for winning week
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images U.S. equities rose Friday with the S&P 500 hitting a new record, as all of the major averages overcome concerns about economic growth from earlier in the week. The Dow Jones […]
Covid cases are rising again in all 50 states across U.S. as delta variant tightens its grip
After administering him with oxygen, County of Los Angeles paramedics load a potential Covid-19 patient in the ambulance before transporting him to a hospital in Hawthorne, California on December 29, 2020 as a family walks by. Apu Gomes | AFP | Getty Images Covid cases are on the rise in […]
The drought-stricken Western U.S. braces for ‘water wars’
Tourism, landscaping, homebuilding and farming are just some of the businesses that feel the economic crunch of a devastating drought in the U.S. West. Agriculture is particularly affected by water scarcity during these periods. “Agriculture consumes more than 70% of the available water supply,” said Morgan Levy, assistant professor at […]