Certain jobs and industries are benefiting from enhanced unemployment pay more than others — and have the most to gain from an extension of benefits. Workers in lower-paying sectors of the economy, such as accommodation and food services, benefit more from the unemployment increase than those in finance and insurance that pay workers better. And the difference
The economic fallout from the coronavirus pandemic has got many of us looking for new ways to make the most of our money. That’s spurred a surge in demand for financial advice and investment opportunities, particularly among young people. So far this year, online stock trading has skyrocketed, with transactions on platforms like Robinhood, eToro
An empty road leads into a deserted Disney resort after it was closed due to the COVID-19 pandemic in Kissimmee, Florida on May 5, 2020. Daniel Slim | AFP | Getty Images Check out the companies making headlines after the bell. Tractor Supply Company — The farm supplies retailer’s stock shot up 7% in extended
Growing up, Elon Musk read plenty of books but was especially inspired by science fiction. The genre motivated him to create “cleaner energy technology or [build] spaceships to extend the human species’s reach” in the future, according to the book “Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future” by Ashlee Vance. With these goals in mind, Musk
The SpaceX Falcon 9 rocket and Crew Dragon capsule stand upright on the launchpad at NASA’s Kennedy Space Center ahead of the Demo-2 launch. SpaceX raised well over the $500 million it was seeking in its most recent funding round, filings with the Securities and Exchange Commission reveal. Elon Musk’s space company on Tuesday filed
Medical workers transport a patient outside a special Covid-19 area at Maimonides Medical Center in Brooklyn, New York, on May 17. Johannes Eisele | Getty Images If you’re collecting more on unemployment than what you earned while working, it could affect how much you pay for health insurance. For households that bought coverage through one
Novorax CEO Stanley Erck attends a meeting with President Donald Trump, members of the Coronavirus Task Force and pharmaceutical executives in the Cabinet Room of the White House, Monday, March 2, 2020, in Washington. Andrew Harnik | AP Workers on the front lines of the coronavirus pandemic will be first to receive a vaccine and
Southwest Airlines Boeing 737 MAX aircraft are parked on the tarmac after being grounded, at the Southern California Logistics Airport in Victorville, California on March 28, 2019. Mark Ralston | AFP | Getty Images Check out the companies making headlines in midday trading. United, American, Delta, Southwest — Airlines, which are positioned to benefit from the economy reopening,
Since the start of the coronavirus pandemic, more than 38 million Americans have filed unemployment claims and the immediate future of the U.S. economy is largely uncertain. However, some cities, both international and across the U.S., are expected to provide better stability and assistance to workers than others, according to new research from online learning
JP Morgan Chase & Co. Chairman & Chief Executive Officer Jamie Dimon testifies before the House Financial Services Committee on accountability for megabanks in the Rayburn House Office Building on Capitol Hill in Washington, DC on April 10, 2019. Mandel Ngan | AFP | Getty Images JPMorgan Chase shares rose Tuesday after CEO Jamie Dimon called the