A photo illustration of the AstraZeneca COVID-19 vaccine at Copes pharmacy in Streatham on February 04, 2021 in London, England. Dan Kitwood | Getty Images Medical experts in the United States are trying to assuage fears that Covid-19 vaccines may be unsafe after several European countries suspended AstraZeneca‘s shot following […]
CNBC News
IRS postpones April 15 U.S. tax deadline to May 17
The Internal Revenue Services offices in Washington, D.C. Adam Jeffery | CNBC The IRS and Treasury Department will postpone the April 15 tax-filing deadline to May 17, the agencies announced Wednesday. “This continues to be a tough time for many people, and the IRS wants to continue to do everything […]
IRS plans to push April 15 U.S. tax deadline to May 17
The Internal Revenue Services offices in Washington, D.C. Adam Jeffery | CNBC Taxpayers will have more time to get their taxes in order this year. The IRS is planning to push back the deadline for filing tax returns by about one month, originally thought to be May 15, from the […]
Dow climbs 189 points to close above 33,000 for the first time as Fed sticks to easy policy
U.S. stocks erased earlier losses and jumped higher Wednesday after the Federal Reserve said it sees no interest rate hikes through 2023 and that it will let inflation run hotter than usual to ensure a full economic recovery. The Dow Jones Industrial Average gained 189.42 points, or 0.6%, to 33,015.37, […]
Dow jumps 150 points after Fed says it will hold off on rate hikes through 2023
The Dow Jones Industrial Average erased earlier losses and jumped higher Wednesday after the Federal Reserve said it sees no interest rate hikes through 2023 and that it will let inflation run hotter than usual to ensure a full economic recovery. The blue-chip benchmark gained 150 points. The S&P 500 […]
Fed sees stronger economy and higher inflation, but no rate hikes
The Federal Reserve on Wednesday sharply ramped up its expectations for economic growth but indicated that there are no interest rate hikes likely through 2023 despite an improving outlook and a turn this year to higher inflation. As widely expected, the policymaking Federal Open Market Committee also voted to keep […]
IRS pushes April 15 U.S. tax deadline to May 15
Taxpayers will have more time to get their taxes in order this year. The Internal Revenue Service is planning to push back the deadline for the tax filing season about one month to May 15 from April 15, CNBC’s Ylan Mui confirmed. This will give taxpayers additional time to file […]
Kevin Mayer talks about his disappointing departures at Disney and TikTok, and the long decline of pay TV
The last year in Kevin Mayer’s professional life wasn’t just a whirlwind, it was a global overview of the biggest stories in media and entertainment. Mayer started 2020 running Disney+, Disney‘s flagship and wildly successful streaming service. But when Mayer wasn’t named Disney’s chief executive officer after Bob Iger stepped […]
Starbucks to test Cold Pressed Espresso as cold drink sales overtake hot beverages
Starbucks plans to start testing Cold Pressed Espresso in some cafes by the end of the year as consumers increasingly stick to cold drinks for their caffeine jolt. The drink was already available in Starbucks’ upscale Reserve locations. Cold beverages, which are favored by younger customers, have played a crucial […]
Disneyland to reopen on April 30, Disney CEO Bob Chapek says
California’s two Disney theme parks will reopen on April 30, CEO Bob Chapek said Wednesday on CNBC’s “Squawk Alley.” “We’ve seen the enthusiasm, the craving for people to return to our parks around the world,” Chapek told CNBC’s Julia Boorstin. “We’ve been operating at Walt Disney World for about nine […]