The U.S. GAO denied a protest by Jeff Bezos‘ Blue Origin that NASA wrongly awarded a lucrative astronaut lunar lander contract solely to Elon Musk’s SpaceX.
Kategorie-Archiv: CNBC Financial News
MicroStrategy CEO defends debt-financed bitcoin buys, compares it to investing early in Facebook
„If I could borrow $1 billion and buy Facebook a decade ago for 1% interest, I think I would’ve done quite well,“ MicroStrategy’s Michael Saylor told CNBC.
SEC slaps new disclosure requirements on Chinese IPOs amid Beijing’s crackdown
The Securities and Exchange Commission said Friday it will now require additional disclosures from Chinese companies seeking a listing on U.S. stock exchanges.
Utilities are struggling to keep the lights on as fires, drought plague California
Droughts, wildfires and other extreme events fueled by climate change have put grid operators in the Western U.S. under pressure.
There’s an unemployment cliff coming. More than 7.5 million may fall off
Programs paying expanded unemployment benefits are ending nationally on Sept. 6. It doesn’t appear lawmakers will extend the deadline again.
The U.S. economy is bigger than it was pre-pandemic, but Covid could still decide what happens next
The U.S. economy is now larger than it was before the pandemic, but its growth rate may have peaked this year at a much slower pace than expected.
The IRS has issued $10 billion in tax refunds on unemployment benefits. Here’s why another break is unlikely next year
The economy has improved and lawmakers are unlikely to offer another tax break to those who collected unemployment benefits this year, experts said.
Stocks making the biggest moves midday: Amazon, P&G, Caterpillar and more
These are the stocks posting the largest moves in midday trading.
Delays for unemployment benefits persist, over a year into pandemic
About 38% of people who got their first installment of benefits in June had waited more than three weeks, the official barometer for a „timely“ payment.
SEC slaps new disclosure requirements on Chinese IPOs amid Beijing’s crackdown
The Securities and Exchange Commission said Friday it will now require additional disclosures from Chinese companies seeking a listing on U.S. stock exchanges.