PeopleImages | E+ | Getty Images Tax season is starting off with a whimper, as 1 in 5 people predict they will owe the IRS this tax season. Those were the findings from a recent survey by NerdWallet. The personal finance website polled 2,002 adults online from Nov. 18 through Nov. 20, 2019. Taxpayers who
There is a reason that Chile is one of the hottest global traveler destinations these days, and the Atacama Desert is one of its shining stars. Beige, rocky and seemingly lifeless, the north-easternmost part of Chile — generally regarded as the driest desert on earth — feels more like the surface of the moon than
Tesla CEO Elon Musk speaks during the Tesla China-made Model 3 Delivery Ceremony in Shanghai. STR | AFP | Getty Images Tesla shares have skyrocketed by about 120% since the electric car maker last delivered an earnings report in October, and investors eagerly anticipate the company’s fourth quarter results, which it is scheduled to report
Brian Armstrong, co-founder and chief executive officer of Coinbase Inc. David Paul Morris | Bloomberg | Getty Images Cryptocurrency exchange operator Coinbase has opened new custody operations in Dublin to help its non-U.S. institutional clients store their assets. Mostly known for its retail investment platform, Coinbase has been making an institutional push over the years,
Daniel Zuchnik | WireImage | Getty Images Warren Buffett, a life-long newspaper fan and booster, is giving up on his bet that local news would help protect papers in small to medium-sized cities. Berkshire Hathaway is selling its 31 newspapers to Lee Enterprises for $140 million in cash. The deal includes Buffett’s home-town daily, The
The Federal Reserve‘s decision Wednesday to keep interest rates steady came as a relief to many. For good reason. Although the federal funds rate, which is what banks charge one another for short-term borrowing, is not the rate that consumers pay, the Fed’s moves still affect the borrowing and saving rates they see every day.
People with protective face masks pass in front of a thermal scanner as they enter a shopping mall in Bangkok on January 29, 2020. Mladen Antonov | AFP | Getty Images This is a live blog. Please check back for updates. All times below are in Eastern time. 7:36 am: Death toll of coronavirus climbs
Facebook Chairman and CEO Mark Zuckerberg arrives to testify before the House Financial Services Committee on “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors” in the Rayburn House Office Building in Washington, DC on October 23, 2019. Mandel Ngan | AFP | Getty Images Facebook is set to report
[The stream is slated to start at 2:30 pm ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Wednesday with reporters following the central bank’s two-day policy meeting. The central bank decided to keep rates unchanged on Wednesday. Over the past few months,
A deadly spreading virus is now worrying some of the world’s biggest companies. The word “virus” or “coronavirus” was mentioned by 27 different S&P Composite 1500 companies on earnings calls this week, according to CNBC’s screening using FactSet. The Wuhan virus has infected more than 6,100 people in China, topping the number of cases from