Don’t count on being able to get emergency cash from your 401(k) account, even if a new law says you can. While the recently passed CARES Act included provisions to make it easier to access your retirement money penalty free for coronavirus-related reasons, it’s up to employers whether to implement the legislative changes. And at
Robert Herjavec said his role as an investor on ”Shark Tank” makes him optimistic about the U.S. economy on the other side of the coronavirus pandemic. “The human condition is about hope,” Herjavec said Thursday on CNBC’s “Squawk Alley.” “Every time someone comes on ‘Shark Tank,’ they’re full of hope and they’re full of optimism.” “This is a
A Gilead Sciences office is shown in Foster City, California, U.S. May 1, 2018. Stephen Lam | Reuters Gilead Sciences shares surged by more than 15% in after-hours trading Thursday after details leaked of a closely watched clinical trial of the company’s antiviral drug Remdesivir appeared to show promising results in treating Covid-19. The University
The world’s biggest asset manager BlackRock saw the capital it manages fall by almost $1 trillion in the first quarter as investors pulled money out of its marquee funds amid the most damaging stock market selloff in more than a decade. The company, a huge figure on global financial markets, reported a 23% drop in quarterly
An Uber Eats food delivery courier closes a bag with an order during a lockdown, imposed to prevent the spread of coronavirus disease (COVID-19), in central Kiev, Ukraine April 2, 2020. Valentyn Ogirenko | Reuters Check out the companies making headlines after the bell. Gilead Sciences — The pharmaceutical company’s stock surged 13% in extended trading
When Laura Nadal attempted to use the IRS Get My Payment tool to track her stimulus check, she was met with a series of error messages. After multiple attempts over two days to track her payment, she’s still unable to and doesn’t understand why. The tool keeps telling her that the information she inputs does
SpaceX CEO Elon Musk speaks at a press conference where he announced the Japanese billionaire chosen by the company to fly around the moon, on September 17, 2018 in Hawthorne, California. Mario Tama | Getty Images SpaceX is launching more often than any other country or company and CEO Elon Musk touted low insurance costs as proof
Wondering where your coronavirus stimulus payment is? The delay could be due to a glitch related to your tax preparation service. A new report from The Washington Post on Thursday estimates that millions of Americans could still be waiting to see their stimulus money if they previously filed their taxes with companies like TurboTax, H&R
Rep. Greg Murphy, R-N.C., said Thursday he believes there are ways for businesses such as barbershops and salons to reopen safely during the coronavirus pandemic. Murphy, a urologist who was elected to Congress in 2019, said on CNBC’s ”The Exchange” that restrictions should remain in place for people who are “most at risk, most susceptible” to
Getty Images Sales of new vehicles to U.S. consumers declined less than expected at the beginning April despite the coronavirus outbreak and state orders keeping most dealer showrooms closed across the country, according to J.D. Power. After U.S. auto plants closed and most states enacted “stay-at-home” or “shelter-in-place” orders last month, J.D. Power expected year-over-year sales