"We want to use our stock as currency and potentially acquire more fintech organizations and put them in the mold," said Rocket Companies founder and chairman Dan Gilbert.
When Congress authorized the first stimulus checks in the spring, clear rules were included as to who was eligible and who was not. But it turns out that differentiating between resident and non-resident aliens is tricky, leading some foreign workers to receive checks when they shouldn't. As lawmakers mull a second batch of checks, fixing the glitch won't be easy.
Officials from the U.S. are still collaborating with the organization in its response to the pandemic and have been "participating actively," WHO's top official said.
Shares of Facebook closed up more than 6% on Thursday following the U.S. launch of Reels, a new Instagram feature designed to rival Chinese upstart TikTok.
The internal emails from Amazon, Apple, Facebook and Google reveal a rare look into how the giants approached acquisitions and other competitive issues over the years.
President Donald Trump said it's possible the U.S. could have a safe and effective vaccine for the coronavirus before the upcoming presidential election.
President Donald Trump may be able to mandate a payroll tax holiday through an executive order, but employers may be unwilling to comply unless they can count on forgiveness of those taxes, experts said.
Three more proposals for federal stimulus are being discussed in Congress: The HEROES Act, the HEALS Act and the Coronavirus Assistance for American Families Act. While all three bills have some things in common — each would, for example, deliver a second round of checks to Americans — there are also some key differences.
Quicken Loans' parent company, Rocket Companies, began trading publicly Thursday at a lower-than-targeted share price. While it's impossible to know how the stock will fare in the future, it's a good reminder to approach any IPO with a dose of caution.
More than half of workers who recently applied for unemployment benefits in California were doing so because their jobs or hours were cut again, hinting at the nation's unstable economic recovery.