A job seeker receives information from a recruiter during a job fair in Miami, Florida, on Dec. 16, 2021. Eva Marie Uzcategui/Bloomberg via Getty Images The number of people filing for unemployment benefits jumped last week to the highest level since October, the Labor Department said Thursday. That may signal a troubling rebound, after claims
There’s a “big risk” of real estate companies filing for insolvency when interest rates rise, according to a partner at consulting firm Kearney. Nils Kuhlwein pointed out that the global financial crisis of 2008 started with a real estate and housing price bubble and mortgage defaults in the United States. “What we are now seeing
Filing your taxes for the first time can be intimidating. There’s a good chance you’ve heard people complain about having to file their taxes in the past, so it’s normal to be feeling a little apprehensive. But don’t stress! Filing taxes for the first time isn’t nearly as complicated as you might think. Most first-time
Everyone, sometime or another, dreams of quitting. For millions, the fantasy is real. More than 4.5 million Americans voluntarily left their jobs in November alone — the highest one-month total on record. Much of the turnover has been in hospitality, retail and other lower-wage jobs that have been particularly challenging during the pandemic. But the
In this article PTON A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Shares of Peloton closed down 23.9% at $24.22 on Thursday, wiping roughly $2.5 billion off of
In this article NFLX (L-R) Co-CEOs of Netflix Reed Hastings and Ted Sarandos arrive for the Allen & Company Sun Valley Conference on July 06, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Netflix is set to report fourth-quarter earnings after the bell on Thursday. Here are the key numbers analysts are looking
In this article CSX NFLX ISRG PPG In this photo illustration the Netflix logo in the App Store seen displayed on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in after-hours trading: Netflix — Netflix shares dropped 19% in extended trading after the company’s
Bill Gates is excited about how many new climate tech start-ups have popped up in recent years. He also thinks that plenty of them won’t last. “The number of companies working on these things is very exciting,” Gates said on Wednesday, in a virtual session of the World Economic Forum. “Some of them will fail.
Spencer Platt | Getty Images IPO investors in a record-breaking issuance rush in 2021 have so far been disappointed by dismal returns, and the outlook for the once-booming market is only getting worse with rising rates and insider selling on the horizon. Last year, the number of U.S. traditional IPOs climbed to the highest levels
Tetra Images | Tetra images | Getty Images This tax-filing season is expected to be difficult, as the IRS works through millions of unprocessed returns, according to a report from the National Taxpayer Advocate. An error-free return may avoid delays, and IRS transcripts can help, tax experts say. While most who file electronically and use direct deposit will
A “Sold” sign stands outside a home following a snow fall in Geneseo, Illinois. Daniel Acker | Bloomberg | Getty Images Closed sales of previously owned homes in December fell 4.6% to a seasonally adjusted, annualized rate of 6.18 million units, according to the National Association of Realtors. Sales were down 7.1% year-over-year. Still, December
A look at buying real estate in the metaverse.