Cathie Wood Source: CNBC Cathie Wood’s flagship fund Ark Innovation hit its lowest point of the year on Monday amid further selling in innovation stocks. Ark Innovation‘s drop of as much as 5% on Monday dragged the “disruptive innovation” ETF below its February low, a level that many investors are watching as a barometer for
As the economy reopens in the wake of the coronavirus crisis, more Americans expect inflation to increase over the next few years. Overall, the expectation is that the inflation rate would be up to 3.4% one year from now — its highest level since September 2013 — and at 3.1% three years from now, according
In this article CMG Customers order from a Chipotle restaurant at the King of Prussia Mall in King of Prussia, Pennsylvania. Mark Makela | Reuters As the labor market heats up, Chipotle Mexican Grill announced Monday it’s raising pay for restaurant workers, reaching an average of $15 an hour by the end of June. The
Eric is a Real Estate investor, founder of MartelTurnkey, and author of Stop Trading Your Time for Money. Apartment buildings are widely considered to be a good investment, but are they right for you? To answer this, let’s first differentiate between two investment strategies when it comes to apartment buildings: buying turnkey properties versus value-add properties. Turnkey
In this article 22UA-DE Vials of the Pfizer-BioNTech Covid-19 vaccine at the Sun City Anthem Community Center vaccination site in Henderson, Nevada, U.S., on Thursday, Feb. 11, 2021. Roger Kisby | Bloomberg | Getty Images SINGAPORE — BioNTech announced Monday it will set up its Southeast Asia headquarters in Singapore, and will build a manufacturing
The labor market is barely and apparently very slowly starting to recover and employers are already claiming that they cannot find enough workers. The Washington Post reports of anecdotal evidence that employers in the restaurant industry, among others, supposedly cannot find enough people to work for them. Most of the labor market data, especially a
In 2021, bitcoin and ether have seen huge rallies. In April 2021, the cryptocurrency market topped $2 trillion in value for the first time. Jaap Arriens | NurPhoto | Getty Images LONDON — Ether surged past $4,000 Monday to hit a new record high, extending a stunning rally for the world’s second-largest cryptocurrency. Ether, the
In addition to on-site yoga classes and ergonomic desks, companies may have a new wellness initiative up their sleeves — granting workers an annual period of remote work. Remote work has proved popular with many workers, with 54% of employees saying they want to keep working from home after the pandemic ends, according to
Until the pandemic, many families in the U.S. ruled out a private-school education because of the cost. Yet as the coronavirus crisis raged on, parents increasingly sought out schools that were fully in-person rather than remote — and, for many, that meant switching to an independent institution, regardless the price tag. “I am seeing unprecedented
Signage is displayed on a fence at the Colonial Pipeline Co. Pelham junction and tank farm in Pelham, Alabama, U.S., on Monday, Sept. 19, 2016. Luke Sharrett | Bloomberg | Getty Images Fuel prices jumped in trading on Sunday night, as much of one of the largest pipelines in the U.S. remains closed following a