If you’re an angel who invested in a startup that was meant to go public in 2014, you might be getting a little bit impatient. High-risk, high-reward investing has lost its shine in this environment: the stock market is a mess these days, and you want your cash back. Enter recapitalization events, where startups restructure
Demonstrators gather in front of the Texas State Capital during a protest in Austin, Texas, on Tuesday, June 30, 2020. Sergio Flores/Bloomberg via Getty Images More states may take similar steps as outbreaks expand, mostly across the American South and West. The United States reported a daily record of 63,247 new cases of Covid-19 on
Here are five things you need to know about the coronavirus outbreak this Friday evening. We will have another update for you on Saturday morning. 1. No 10 considering mandatory face coverings in shops Making face coverings mandatory in shops in England is being considered by the government to slow the spread of coronavirus, senior
TOPLINE The stock market opened slightly higher on Friday, reversing earlier losses, after positive coronavirus vaccine news helped offset growing investor concerns about a record number of new U.S. cases. Stocks ticked higher after Gilead’s coronavirus treatment showed positive data. Marcel Kusch/dpa/picture alliance via Getty Images KEY FACTS The Dow Jones Industrial Average was up
July 15, 2020 is the final day you can make Individual Retirement Account contributions for 2019. Getty As the official July 15, 2020 tax day deadline is fast approaching and plenty of taxpayers have yet to file 2019 returns and 2020 estimated payments, the Internal Revenue Service is urging folks to file and pay electronically,
Founder and CEO of The Raisner Group (formerly Proteus Capital Management), a private real estate investment firm in New York City. Getty In the future, will we all work from home? This is one of the most-asked questions resulting from the Covid-19 shutdown — understandably so, after a long nationwide experiment in working remotely and handling meetings
Nasa’s Perseverance Mars rover has been attached to the top of the rocket that will send it toward the Red Planet. The nosecone containing the rover and other spacecraft elements have been fixed to an Atlas V rocket at Cape Canaveral Air Force Station in Florida. The robot rover will search for signs of past
19 Min Ago Weekly jobless claims total 1.314 million, less than expected Weekly jobless claims were lower than expected last week as employees slowly returned to work in the wake of rising coronavirus cases, reports CNBC’s Jeff Cox. Initial jobless claims hit 1.314 million last week, compared to a Dow Jones estimate of 1.39 million.
People walk by the New York Stock Exchange (NYSE) on May 18, 2020 in New York City. Spencer Platt | Getty Images Stock futures rose slightly on Thursday night following a mixed session in which coronavirus concerns pushed investors further into tech shares. Dow Jones Industrial Average futures were up 60 points, or 0.2%. S&P
The world’s uber wealthy are increasingly putting their money towards socially, ethically and environmentally conscious businesses, which could spur the growth of sustainable investments. In Capgemini’s World Wealth Report 2020, more than a quarter (27%) of high net worth individuals (HNWIs) — those with investible assets of $1 million or more — said they were
Joe Biden and Donald Trump Ron Adar | Echoes Wire | Barcroft Media via Getty Images; Mandel Ngan | AFP | Getty Images Goldman Sachs is warning that the upcoming presidential election could see delayed results, and is therefore recommending that clients hedge their market bets through December in anticipation of heightened volatility through November.
Michelle Wang Source: Michelle Wang On July 1, Michelle Wang moved from San Diego to Atlanta to begin her doctorate program in physics at Emory University. Less than a week after she settled into her new apartment, she heard the news: International students will have to leave the U.S. if all their classes are taught online.
Travellers arriving in the UK from dozens of countries no longer have to self-isolate for two weeks from Friday. The rules are being relaxed for arrivals from more than 60 countries and British overseas territories. However, Scotland still requires people from Spain and Serbia to quarantine – unlike England, Wales and Northern Ireland. Foreign Office
WASHINGTON, DC – JULY 02: U.S. Treasury Secretary Steven Mnuchin speaks to the media while flanked … [+] by White House National Economic Council director Larry Kudlow in the briefing room at the White House on July 2, 2020 in Washington, DC. Moments earlier President Trump spoke about the economy and recent jobs numbers as
WASHINGTON, DC- Nov 18: Sen. Bernard Sanders, I-Vt., and Barbara Kennelly, of the National Committee … [+] to Preserve Social Security and Medicare, talk to media after a meeting on progressive alternatives to proposals made by the deficit commission. (Photo by Scott J. Ferrell/Congressional Quarterly/Getty Images) CQ-Roll Call, Inc via Getty Images The Democrats probably
Bay 151, a new apartment community in Bayonne, NJ. is among the fresh developments luring New … [+] Yorkers from Manhattan and the Outer Boroughs to the wider open spaces. Hudson Projects Ever since the pandemic began in earnest in March, we’ve heard a lot about New Yorkers exiting the city for distant places like
Municipal workers fumigates an areas of housing complex against Aedes Aegypti mosquitos as a measures to control a dengue outbreak amids Covid-19 pandemic in Wanasari village, Bekasi regency, West Java province, on May 6, 2020. Aditya Irawan | NurPhoto via Getty Images There’s no respite for Southeast Asian nations. With health-care systems already under strain
Investors are bailing on a popular trade due to the coronavirus surge. Allianz Global Investors’ Mona Mahajan finds a rush of money is flowing back into stay-at-home plays. “The cyclical story is on hold for now,” the firm’s U.S. investment strategist told CNBC’s “Trading Nation” on Thursday. “The trade is moving out of that reopening,
You’ve heard about the trade war with China. There may be a separate, potential “financial war” brewing. The Securities and Exchange Commission wants you to know more about what is happening with Chinese companies that list in the United States. The regulators also want you to know that they are having a really hard time
Customers are socially distanced on rides like the Wonder Woman: Lasso of Truth at Six Flags Great Adventure in Jackson, New Jersey. Kenneth Kiesnoski/CNBC From backyard cookouts to days at the beach, people across the country have had to postpone or alter many beloved summer rituals this year amid the ongoing pandemic. One of the