The tax, part of a new "Make Billionaires Pay" campaign by progressives, would impose a new form of capital gains tax on New Yorkers with $1 billion or more in assets.
The coronavirus pandemic has made job hunting tricky but that doesn't mean it's hopeless. Here are a few tips for how to network … from your couch! This story is part of CNBC's "College Voices 2020" series.
The "Mad Money" host said he has never seen anything like the recent surges by major tech stocks but doesn't think it is similar to the the tech bubble.
Microsoft's professional networking site LinkedIn said on Tuesday it would cut about 960 jobs, or 6% of its global workforce, as the coronavirus pandemic is having a sustained impact on demand for its recruitment products.
Ford plans to use the prototype vehicle, which it's calling the Mustang Mach-E 1400, as a proof of concept for the performance of all-electric vehicles as the crossover begins arriving in dealerships later this year.
Ford has developed a racing version of its electric Mustang Mach-E crossover with a peak horsepower of 1,400 at 160 miles per hour. The automaker plans to use the prototype vehicle as a proof of concept for the performance of all-electric vehicles. Ford is investing more than $11.5 billion in electric vehicles worldwide including the Mustang Mach-E, through 2022.
Back in February, just before the coronavirus hit the U.S. economy with a vengeance, rent growth for single-family homes had hit its highest pace in four years. Barely three months later, that growth plummeted to a decade low.
New York, Los Angeles and other major U.S. cities have seen the unemployment rate soar to 20%, a level some economists believe meets the definition of an economic depression.
The companies — AstraZeneca, Johnson & Johnson, Merck, Moderna and Pfizer — will speak with members of Congress on efforts to create a vaccine to prevent Covid-19.
Apple's global corporate operations are already carbon neutral, so the announcement means that it will extend that goal to its manufacturing supply chain and product life cycle.
Joe Biden's plan would subsidize the high cost of child care for working families, fund universal preschool and provide $450 billion to expand community-based and in-home care for the elderly and disabled.
Analysts say that when Yeti went public in 2018, investors were initially skeptical consumers would shell out $200 to $1,300 on a cooler. But for the right cooler, it turns out many people would. Yeti brought in about $914 million in 2019 by turning a mundane commoditized item into a status symbol. Here's how Yeti reinvented coolers and drinkware, and turned conventionally cheap and bland product categories into premium collector's items.